AIF Company Profile and Key Details

Q: Who are the executives of AIF?

Mr. Gregory Obenshain CFAPortfolio Mang.Ms. Cindy Zee MichelChief Compliance OfficerMr. Bret Leas J.D.Portfolio Mang.Mr. James VanekPortfolio Mang.Mr. Joseph Moroney CFAPres & Chief Investment OfficerMr. Joseph Daniel Glatt Esq.Chief Legal Officer & Sec.Mr. Bret Eric Leas J.D.Portfolio Mang.

NYSE : AIF

Apollo Tactical Income Fund

$14.82

-0.04-0.27%

At Close 4:00 PM

Not Actively Trading

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Apollo Tactical Income Fund Inc. (AIF) stock declined over -0.27%, trading at $14.82 on NYSE, down from the previous close of $14.86. The stock opened at $14.86, fluctuating between $14.80 and $14.89 in the recent session.

Stock Snapshot

14.86

Prev. Close

214.41M

Market Cap

14.8

Day Low

6.175

P/E Ratio

2.4

EPS (TTM)

2.03

Cash Flow per Share

14.86

Open

14.47M

Number of Shares

14.89

Day High

N/A

Free Float in %

14.77

Book Value

38.32K

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Jul 22, 2024	14.82	14.82	14.82	14.82	0
Jul 19, 2024	14.86	14.94	14.80	14.82	38.32K
Jul 18, 2024	14.99	15.00	14.83	14.86	107.61K
Jul 17, 2024	14.87	14.97	14.81	14.92	92.02K
Jul 16, 2024	14.95	14.98	14.86	14.92	57.25K
Jul 15, 2024	14.96	14.99	14.82	14.92	106.74K
Jul 12, 2024	14.75	14.92	14.75	14.89	93.21K
Jul 11, 2024	14.90	14.93	14.76	14.83	80.33K
Jul 10, 2024	15.23	15.27	15.15	15.20	69.14K
Jul 09, 2024	15.05	15.20	15.01	15.20	143.82K
Jul 08, 2024	14.98	15.10	14.89	15.05	132.22K
Jul 05, 2024	14.88	14.99	14.88	14.91	132.18K
Jul 03, 2024	14.80	14.92	14.79	14.90	45.41K
Jul 02, 2024	14.70	14.75	14.57	14.74	74.61K
Jul 01, 2024	14.64	14.72	14.61	14.68	80.77K
Jun 28, 2024	14.68	14.74	14.60	14.64	38.58K
Jun 27, 2024	14.62	14.66	14.55	14.60	94.84K
Jun 26, 2024	14.61	14.64	14.52	14.57	111.44K
Jun 25, 2024	14.69	14.69	14.50	14.56	93.17K
Jun 24, 2024	14.79	14.79	14.58	14.61	130.18K

Contact Details

New York City, NY 10019

United States

https://www.agmfunds.com/InvestmentInformation/TacticalIncomeFund.aspx 212 515 3200

About Company

Apollo Tactical Income Fund Inc. is a closed-ended fixed income fund launched and managed by Apollo Credit Management, LLC. The fund invests in fixed income markets. It primarily invests in senior secured loans including floating rate senior loans, high yield corporate bonds, and other credit instruments of varying maturities made to companies whose debt is typically rated below investment grade. The fund employs a conservative approach to credit selection that focuses on such factors as collateral coverage, structural seniority, credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams to create its portfolio. Apollo Tactical Income Fund Inc. was formed on February 25, 2013 and is domiciled in the United States.

Stock Peers

NXG

2.16+3.92%

NXG NextGen Infrastructure Income Fund$57.29 GDV

0.32+1.10%

The Gabelli Dividend & Income Trust$29.31 ACV

0.24+0.91%

Virtus Diversified Income & Convertible Fund$26.62 EVT

0.16+0.61%

Eaton Vance Tax-Advantaged Dividend Income Fund$26.25 NIE

0.33+1.29%

Virtus Equity & Convertible Income Fund$25.98 HTD

0.56+2.21%

John Hancock Tax-Advantaged Dividend Income Fund$25.94 PRIF-PG

0.01+0.04%

Priority Income Fund, Inc.$25.34 PRIF-PF

0.0013+0.01%

Priority Income Fund, Inc.$25.30 PRIF-PD

-0.12-0.48%

Priority Income Fund, Inc.$25.10 PRIF-PJ

-0.04-0.16%

Priority Income Fund, Inc.$25.06

Company Overview

Apollo Tactical Income Fund Inc. (NYSE:AIF) closed at $14.82 USD, losing -$0.04 (-0.27%) from the previous close of $14.86. The stock is currently within 5% of its 52-week high $12.49 and $15.45. With a market capitalization of about $214.41 million, Apollo Tactical Income Fund Inc. is classified as a micro-cap and shows lower-than-market volatility (beta ~0.60). Key stats such as the average daily volume over the past year has been around 78.33 thousand shares, volume is running light vs its 52-week average. Headquartered in New York City, NY, Apollo Tactical Income Fund Inc. operates in the Financial Services sector and the Asset Management - Income industry. Apollo Tactical Income Fund Inc. is a closed-ended fixed income fund launched and managed by Apollo Credit Management, LLC. The fund invests in fixed income markets.

Technical Performance

Short-term trend indicators are bearishly aligned (SMA20 1.16%, SMA50 2.0%, SMA200 6.78%). The stock’s 14-day RSI is 59.39 (neutral), while the ATR of 0.15 points to moderate volatility. The stock remains hovering near 52-week lows, trading -2.23% below its high and over 20.93% above its low.

Valuation Metrics

Apollo Tactical Income Fund Inc. trades at a P/E ratio of 6.19, slightly below the S&P 500 average, with a price-to-sales ratio of 5.82 and a price-to-book ratio of 1.0 suggesting the stock is closer to book value. The P/FCF stands at 13.0, also above market averages.

Dividend & Fair Value

Apollo Tactical Income Fund Inc. last paid a dividend of 1.75 per share, this equals a trailing yield of roughly 9.97%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$5.42. This means the shares are trading below this model’s fair value.

Financial & Profitability Overview

Over the trailing twelve months, Apollo Tactical Income Fund generated $36.81M in revenue, or $2.54 per share. Gross margin was 88.72%, operating margin 94.15%, and net profit margin 94.15%. Returns are healthy, with ROA at 10.25% and ROE at 16.23%.
On valuation metrics, Apollo Tactical Income Fund trades at a P/E of 6.19, P/S of 5.82 and P/B of 1.00. The current ratio is 8.00 and quick ratio is 1.02. Operationally, the company’s inventory turnover is 0.22 and cash conversion cycle is 1447.82 days. Debt-to-equity is 0.57, supported by a cash flow-to-debt ratio of 0.14.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Apollo Tactical Income Fund posted revenue of $36.81M, down slightly from - $19.83M in the prior quarter. Gross profit was $32.66M (margin 88.72%). Operating income was $34.66M (margin 94.2%). Net income was$34.66M (EPS $2.40).
The company ended the quarter with $15.82M in cash and short-term investments, a total debt of $120.95M, and net debt of $105.13M. Total assets were $338.16M, with equity of $213.57M. Financials further reflected stability, with operating cash flow of $16.49M, free cash flow of $16.49M, and capital expenditures of $0.00.

Price Forecast & Outlook

Our AI price prediction model suggests that Apollo Tactical Income Fund Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

Key Takeaways

currently trading near 52-week highs band. Valuation shows Apollo Tactical Income Fund Inc. trading at a premium to the broader market with a P/E of 6.19. Analyst sentiment is cautious, with the majority of ratings in Sector Perform territory and a mean price target of $55.50, suggesting 274.49% upside.

Frequently Asked Questions

What is the current Apollo Tactical Income Fund Inc. (AIF) stock price?

Apollo Tactical Income Fund Inc. (NYSE: AIF) stock price is $14.82 in the last trading session. During the trading session, AIF stock reached the peak price of $14.89 while $14.80 was the lowest point it dropped to. The percentage change in AIF stock occurred in the recent session was -0.27% while the dollar amount for the price change in AIF stock was - $0.04.

AIF's industry and sector of operation?

The NYSE listed AIF is part of Asset Management - Income industry that operates in the broader Financial Services sector. Apollo Tactical Income Fund Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of AIF?

Mr. Gregory Obenshain CFA
Portfolio Mang.
Ms. Cindy Zee Michel
Chief Compliance Officer
Mr. Bret Leas J.D.
Portfolio Mang.
Mr. James Vanek
Portfolio Mang.
Mr. Joseph Moroney CFA
Pres & Chief Investment Officer
Mr. Joseph Daniel Glatt Esq.
Chief Legal Officer & Sec.
Mr. Bret Eric Leas J.D.
Portfolio Mang.

How AIF did perform over past 52-week?

AIF's closing price is 18.66% higher than its 52-week low of $12.49 where as its distance from 52-week high of $15.45 is -4.07%.

How many employees does AIF have?

Number of AIF employees currently stands at 0.

Link for AIF official website?

Official Website of AIF is: https://www.agmfunds.com/InvestmentInformation/TacticalIncomeFund.aspx

How do I contact AIF?

AIF could be contacted at phone 212 515 3200 and can also be accessed through its website. AIF operates from 9 West 57th Street, New York City, NY 10019, United States.

How many shares of AIF are traded daily?

AIF stock volume for the day was 38.32K shares. The average number of AIF shares traded daily for last 3 months was 78.33K.

What is the market cap of AIF currently?

The market value of AIF currently stands at $214.41M with its latest stock price at $14.82 and 14.47M of its shares outstanding.

Stocks Telegraph provides information and tools designed to assist investors and Wall Street players. A major goal is to offer financiers comprehensive information that will help them gain insight into investing.

Stocks Telegraph does not provide any advice or recommendations for buying or selling stocks, securities, or other financial products. Information contained on this website is for informational purposes only and should not be construed as professional financial, investment or other advice. Stocks Telegraph is not liable for any loss or damage that may occur as a result of reliance on this data.

Employees	0
Beta	0.6
Sales or Revenue	$36.81M
5Y Sales Change%	29.304%
Fiscal Year Ends	December
Sector	Financial Services
Industry	Asset Management - Income

AIF Company Profile and Key Details

Apollo Tactical Income Fund

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Financial & Profitability Overview

Quarterly Financial Highlights

Dividend & Fair Value

Company Overview

Price Forecast & Outlook

Key Takeaways

Valuation Metrics