Apollo Senior Floating Rate Fund Inc. (AFT)
Apollo Senior Floating Rate Fund Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $14.86, down 0.34% on the session, giving a market capitalisation of $231.4M. On trailing twelve-month figures it carries a trailing P/E of 6.43, a net margin of 109.6%. Its beta of 0.48 implies it has historically moved less than the broad market.
The Apollo Senior Floating Rate Fund Inc. is a closed-end mutual fund specializing in fixed income, managed by Apollo Credit Management, LLC. Its core investment strategy centers on senior secured loans, primarily targeting companies with debt rated below investment grade. The fund employs a disciplined and conservative credit selection methodology. This approach places significant emphasis on factors such as strong collateral coverage, structural seniority, and fundamental creditworthiness. Additionally, it prioritizes companies that exhibit leading and defensible market positions, generate consistent positive cash flow, and are led by proven management teams. For performance evaluation, the fund's portfolio is benchmarked against the S&P/LSTA Leveraged Loan Index. Established on February 23, 2011, the Apollo Senior Floating Rate Fund Inc. is domiciled in the United States.
Apollo Senior Floating Rate Fund Inc. is most often compared with the following Financial Services names: