AFT News and Press, Apollo Senior Floating Rate Fund Inc. From 07/09/21

NEW YORK, July 09, 2021 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of July 2021 of $0.082 per common share, payable on the date noted below. The following dates ap...

NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) -- Apollo Credit Management, LLC (“Apollo”) announced today that at a Joint Special Meeting of stockholders on June 28, 2021 of Apollo Tactical Income Fund Inc. (NYSE: AIF) and Apollo Senior Floating Rate Fund (NYSE: AFT) (AIF and AFT t...

NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) -- Apollo Credit Management, LLC (“Apollo”) announced today that at a Joint Special Meeting of stockholders on June 28, 2021 of Apollo Tactical Income Fund Inc. (NYSE: AIF) and Apollo Senior Floating Rate Fund (NYSE: AFT) (AIF and AFT t...

Shareholders will vote on the merger of AFT into AIF on June 28, 2021. The reasons for the merger are not entirely clear, but may be related to defense against activists. A slim arbitrage potential remains with AIF being slightly cheaper than AFT. For further details see: ...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given. Only one fund with >100% coverage had a negative z-score this month. For further details see: The Quality Closed-End Fund Report, June 2021

NEW YORK, June 07, 2021 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of June 2021 of $0.080 per common share, payable on the date noted below. The following dates ap...

This is a truly singular global recession and recovery, and it makes portfolio diversification both vital and challenging. At the moment, the item that tops the agenda for most of our clients is no big surprise: inflation, and what to do about it in portfolios. Inflation is usuall...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Muni CEFs feature in the top list of widest discount. For further details see: The Quality Closed-End Fund Report: May 2021

Nineteen out of 23 CEF sectors positive on price and 12 out of 23 sectors positive on NAV last week. MLPs lead while munis lag. Limited duration is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: May 2, 2021

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. With discounts contracting, few non-muni income choices are attractively valued anymore. For further details see: The Quality Closed-End Fund Report, April 2021