Apollo Diversified Credit Fund

Frequently Asked Questions About CRDIX

What does CRDIX invest in?

Closed-end interval fund seeking returns from current income and capital appreciation with focus on low volatility and minimal market correlation. Multi-asset strategy across private and public credit markets leveraging Apollo's global credit platform. Key strategies: corporate direct lending, asset-backed lending, performing credit, and opportunistic credit. Invests at least 80% of assets in debt securities. Designed for long-term investors accepting limited liquidity; offers quarterly repurchase offers.

What is the expense ratio of CRDIX?

Apollo Diversified Credit Fund (CRDIX) charges an expense ratio of 3.51%. This is the annual fee deducted from fund assets to cover management and operations.

What is CRDIX's dividend yield?

CRDIX's trailing-twelve-month yield is 8.12%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of CRDIX?

Effective duration measures CRDIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CRDIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of CRDIX?

CRDIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of CRDIX?

Yield to maturity (YTM) is the total return you'd earn from CRDIX if every bond in the portfolio is held to maturity at the current price. CRDIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.