Apollo Tactical Income Fund Inc.

Frequently Asked Questions About AIF

What does AIF invest in?

Apollo Tactical Income Fund Inc. operates as a closed-end investment vehicle specializing in debt securities, with its management entrusted to Apollo Credit Management, LLC. The fund primarily allocates capital within the fixed income sphere, concentrating on senior secured loans (including floating-rate varieties), high-yield corporate bonds, and a range of other credit instruments with diverse maturities. These investments are typically made in companies whose debt ratings are considered below investment grade. A key aspect of its strategy involves a meticulous credit selection process, emphasizing robust collateral coverage, structural seniority, and strong credit fundamentals. This includes seeking out companies with established, defensible market positions, consistent positive cash flow, and experienced management teams to construct its portfolio. The fund was established in the United States on February 25, 2013.

What is the expense ratio of AIF?

Apollo Tactical Income Fund Inc. (AIF) charges an expense ratio of 0.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AIF?

Apollo Tactical Income Fund Inc. (AIF) manages $214.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AIF actively managed or an index fund?

AIF's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was AIF launched?

Apollo Tactical Income Fund Inc. (AIF) launched in February 2013 and is managed by the fund issuer.

How has AIF performed?

AIF's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.