Apollo Senior Floating Rate Fund

Apollo Senior Floating Rate Fund, Inc. operates as a closed-end investment management company. It seeks to achieve its investment objective by investing primarily in senior, secured loans made to companies whose debt is rated below investment grade, and investments with similar characteristics. The company was founded in 2011 and is headquartered in New York, NY.

NEW YORK, Sept. 11, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of September 2023 of $0.129 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares September 2023 Monthly Distribution of $0.129 per Share

Apollo Senior Floating Rate Fund focuses on senior secured leveraged loans, with a portfolio mainly consisting of single 'B' rated collateral. The fund has performed well, generating a total return of over 13% in the past year, benefiting from higher rates. The fund trades at a discount to NAV, which is expected to persist, but it has a low discount beta and is a good option for buy-and-hold investors.

AFT: Grow Your Income With This 11% Yielding CEF

NEW YORK, Aug. 11, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of August 2023 of $0.126 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares August 2023 Monthly Distribution of $0.126 Per Share

NEW YORK, July 14, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of July 2023 of $0.126 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares July 2023 Monthly Distribution of $0.126 Per Share

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Fidgety credit markets have knocked down prices on healthy performing senior corporate loans, as well as many other credit asset classes. Wrap those loans in a closed-end fund, and then discount the CEF's market price, and you get a second discount. Like shopping with "double coupons" at your local grocery store.

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NEW YORK, June 12, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of June 2023 of $0.118 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares June 2023 Monthly Distribution of $0.118 per Share

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We review CEF market valuation and performance through the second week of May and highlight recent market action. CEFs were broadly down this week, under pressure from falling Treasuries and stocks.

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NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of May 2023 of $0.118 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares May 2023 Monthly Distribution of $0.118 Per Share

NEW YORK, April 10, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of April 2023 of $0.113 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares April 2023 Monthly Distribution of $0.113 Per Share

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We review CEF market valuation and performance through the fourth week of March and highlight recent market action. CEFs were relatively flat on the week; however, discounts continued to mostly push wider, offsetting NAV gains.

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NEW YORK, March 13, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of March 2023 of $0.113 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares March 2023 Monthly Distribution of $0.113 Per Share

The AFT fund primarily invests in senior secured loans. The fund pays an attractive 10.2% distribution that is fully funded by NII.

AFT: Fully Funded Distribution But Amortizing NAV - Something Doesn't Add Up

NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of February 2023 of $0.113 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares February 2023 Monthly Distribution of $0.113 Per Share

NEW YORK, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of January 2023 of $0.108 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares January 2023 Monthly Distribution of $0.108 Per Share

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.

AFT: Deep Discount Persists, As Do The Distribution Boosts

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.

Apollo Senior Floating Rate Fund Inc. Declares December 2022 Monthly Distribution of $0.108 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.

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

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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.

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

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AFT's monthly distribution has been trending higher, with another 20% boost recently. This is a fund focused on floating rate senior loans benefiting from the Fed's aggressive hiking.

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We review CEF market valuation and performance through the third week of September and highlight recent market action. CEFs had a tough week due to an upside surprise in inflation which pushed nearly all assets lower.

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NEW YORK, Sept. 09, 2022 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of September 2022 of $0.102 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares September 2022 Monthly Distribution of $0.102 Per Share

NEW YORK, Aug. 12, 2022 (GLOBE NEWSWIRE) -- (NYSE: AFT) - Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of August 2022 of $0.092 per common share, payable on the date noted below.

Apollo Senior Floating Rate Fund Inc. Declares August 2022 Monthly Distribution of $0.092 Per Share

NEW YORK, July 05, 2022 (GLOBE NEWSWIRE) -- (NYSE: AFT) -- Apollo Senior Floating Rate Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of July 2022 of $0.092 per common share, payable on the date noted below.

News for Apollo Senior Floating Rate Fund ETF (AFT)