Apollo Investment Corp. (AINV) remains a promising high-yield income vehicle for investors that like to capture high, recurring dividends from a more risky business development company. Apollo Investment Corp. earned its dividend with net investment income in the last quarter, but the BDC has a very narrow margin of dividend safety. Apollo Investment Corp. is poised to benefit from higher interest rates thanks to large investments in its floating-rate loan portfolio which in turn could improve the BDC's distribution coverage. Shares continue to sell for a large discount to NAV, and an investment