AFT News and Press, Apollo Senior Floating Rate Fund Inc. From 10/05/21

Three out of 23 CEF sectors positive on price and six out of 23 sectors positive on NAV last week. GOF/GGM/GPM merger has been approved. RIV announces a new rights offering. For further details see: Weekly Closed-End Fund Roundup: Sept. 26, 2021

NEW YORK, Sept. 13, 2021 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of September 2021 of $0.085 per common share, payable on the date noted below. The following da...

Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...

NEW YORK, Aug. 11, 2021 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of August 2021 of $0.085 per common share, payable on the date noted below. The following dates ...

Senior loan funds are showing some opportunities at some wide discounts. These funds should benefit from increasing interest rates, but that could be years before playing out. Be aware of certain other risks in these investments, as well as the other benefits they can provide. ...

NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Apollo Credit Management, LLC (“Apollo”) announced today that at a Special Meeting of shareholders of Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) on August 9, 2021, shareholders did not approve the proposals applicable to AFT d...

These are some options that I think you can buy today if you own the selling candidate. Some of the buy candidates on here I would even buy outright if I didn't own the "sell." Be mindful if you have tax consequences which may not make it. For further details see: Some R...

We review CEF market valuation and performance over the past week and highlight recent events. CEF prices stalled in July on the back of lower risk sentiment driving discounts wider. We highlight the hybrid OCCI distribution, distribution rises in the Apollo credit funds, the rece...

Within the non-investment grade credit markets, issuer default rates are an important driver of market and portfolio performance. We believe 2020 ended the credit cycle that began following the global financial crisis, with 2021 marking the start of a new cycle. The duration of th...

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...