Apollo Commercial Real Estate Finance, Inc.

Frequently Asked Questions About ARI

What does ARI invest in?

Apollo Commercial Real Estate Finance, Inc. functions as a Real Estate Investment Trust (REIT) with a core focus on the U.S. market. The company specializes in originating, purchasing, maintaining, and overseeing a diverse portfolio of debt instruments related to commercial properties, including primary mortgage loans and subordinate financing structures. Having qualified as a REIT under the Internal Revenue Code, it benefits from an exemption from federal income taxes, provided it distributes a minimum of 90% of its REIT taxable earnings to its shareholders. This entity was established in 2009 and is headquartered in New York, New York.

What is the expense ratio of ARI?

An expense ratio for Apollo Commercial Real Estate Finance, Inc. (ARI) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is ARI?

Apollo Commercial Real Estate Finance, Inc. (ARI) manages $860.3M 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 ARI actively managed or an index fund?

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

When was ARI launched?

Apollo Commercial Real Estate Finance, Inc. (ARI) launched in September 2009 and is managed by the fund issuer.

How has ARI performed?

ARI'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.