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AFT News and Press, Apollo Senior Floating Rate Fund Inc. From 01/09/23

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Company Name: Apollo Senior Floating Rate Fund Inc.
Stock Symbol: AFT
Market: NYSE

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AFT - Abercrombie & Fitch Co. Increases Fourth Quarter Sales and Operating Margin Outlook Based on Better-Than-Expected Holiday Sales

NEW ALBANY, Ohio, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) today provided a business update and updated its outlook for the fourth quarter and full year of fiscal 2022. Fran Horowitz, Chief Executive Officer, said: “I am pleased with our quarter-to-da...

AFT - Outlook (Or Maybe It's 'Look Out') For 2023

Summary All those pesky political, economic, and financial issues that depressed investors and markets in 2022? Well, we’ve still got them in 2023. On the other hand, perhaps it's already priced in and investors were just waiting to get end-of-year tax-selling behind us so the lo...

AFT - AFT: Deep Discount Persists, As Do The Distribution Boosts

Summary AFT is at an attractive and compelling deep discount. However, it lags peers, so the larger discount could be warranted if, in the future, the weaker performance persists. The fund has raised its distribution five times this year, with more to come potentially. W...

AFT - Apollo Senior Floating Rate Fund declares $0.108 dividend

Apollo Senior Floating Rate Fund ( NYSE: AFT ) declares $0.108/share monthly dividend , 2.9% increase from prior dividend of $0.105. Forward yield 10.34% Payable Dec. 30; for shareholders of record Dec. 21; ex-div Dec. 20. See AFT Dividend Scorecard, Yield Chart,...

AFT - Apollo Senior Floating Rate Fund Inc. Declares December 2022 Monthly Distribution of $0.108 Per Share

NEW YORK, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of December 2022 of $0.108 per common share, payable on the date noted below. The following dates apply to the decla...

AFT - Apollo Senior Floating Rate Fund Inc. Declares November 2022 Monthly Distribution of $0.105 Per Share

NEW YORK, Nov. 10, 2022 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of November 2022 of $0.105 per common share, payable on the date noted below. The following date...

AFT - Credit Investing Looks More Attractive Than Ever (Turn Off CNBC!)

Summary I have often compared CNBC to the ESPN sports network, with panels of experts giving non-stop commentary on the sports or financial worlds. Both have the same business model: get viewers addicted so they'll watch all the time, regardless of whatever is happening. Unfor...

AFT - Apollo Senior Floating Rate Fund raises monthly dividend by 2.9% to $0.105/share

Apollo Senior Floating Rate Fund ( NYSE: AFT ) declares $0.105/share monthly dividend , 2.9% increase from prior dividend of $0.102. Forward yield 10.12% Payable Oct. 31; for shareholders of record Oct. 21; ex-div Oct. 20. See AFT Dividend Scorecard, Yiel...

AFT - Apollo Senior Floating Rate Fund Inc. Declares October 2022 Monthly Distribution of $0.105 Per Share

NEW YORK, Oct. 07, 2022 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of October 2022 of $0.105 per common share, payable on the date noted below. The following dates...

AFT - Choosing Closed-End Credit Funds Over Equity Funds: Collecting Real Cash Vs. 'Eating Your Seed Corn'

Summary Credit asset classes (corporate loans, high yield bonds, etc.) pay investors interest (i.e. real cash). So even when all assets (stocks, bonds, etc.) are dropping in price, funds that hold credit assets keep cranking out the cash to pay distributions. They don't have t...

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