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NYSE:AIF

Apollo Tactical Income Fund (AIF) Stock Price, News & Analysis

$14.61
+0.06 (+0.41%)
(As of 05/31/2024 ET)
Today's Range
$14.55
$14.65
50-Day Range
$13.79
$14.89
52-Week Range
$12.05
$15.45
Volume
70,104 shs
Average Volume
127,073 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
10.68%
Price Target
$52.50
AIF stock logo

About Apollo Tactical Income Fund Stock (NYSE:AIF)

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.

AIF Stock Price History

AIF Stock News Headlines

AIF Apollo Tactical Income Fund Inc.
Apollo Tactical Income Fund Inc.
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Company Calendar

Ex-Dividend for 4/30 Dividend
4/22/2024
Dividend Payable
4/30/2024
Ex-Dividend for 5/31 Dividend
5/22/2024
Dividend Payable
5/31/2024
Today
6/02/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$52.50
High Stock Price Target
$53.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+259.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$36.81 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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AIF Stock Analysis - Frequently Asked Questions

Should I buy or sell Apollo Tactical Income Fund stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Tactical Income Fund in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AIF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIF, but not buy additional shares or sell existing shares.
View AIF analyst ratings
or view top-rated stocks.

What is Apollo Tactical Income Fund's stock price target for 2024?

2 brokers have issued 12 month target prices for Apollo Tactical Income Fund's shares. Their AIF share price targets range from $52.00 to $53.00. On average, they predict the company's stock price to reach $52.50 in the next year. This suggests a possible upside of 259.3% from the stock's current price.
View analysts price targets for AIF
or view top-rated stocks among Wall Street analysts.

How have AIF shares performed in 2024?

Apollo Tactical Income Fund's stock was trading at $13.96 at the beginning of 2024. Since then, AIF shares have increased by 4.7% and is now trading at $14.61.
View the best growth stocks for 2024 here
.

Are investors shorting Apollo Tactical Income Fund?

Apollo Tactical Income Fund saw a increase in short interest in May. As of May 15th, there was short interest totaling 62,200 shares, an increase of 150.8% from the April 30th total of 24,800 shares. Based on an average daily trading volume, of 130,500 shares, the short-interest ratio is currently 0.5 days.
View Apollo Tactical Income Fund's Short Interest
.

How often does Apollo Tactical Income Fund pay dividends? What is the dividend yield for Apollo Tactical Income Fund?

Apollo Tactical Income Fund announced a monthly dividend on Friday, May 10th. Stockholders of record on Thursday, May 23rd will be given a dividend of $0.144 per share on Friday, May 31st. This represents a $1.73 annualized dividend and a dividend yield of 11.83%. The ex-dividend date is Wednesday, May 22nd.
Read our dividend analysis for AIF
.

Is Apollo Tactical Income Fund a good dividend stock?

Apollo Tactical Income Fund (NYSE:AIF) pays an annual dividend of $1.56 per share and currently has a dividend yield of 0.08%.
Read our dividend analysis for AIF.

What other stocks do shareholders of Apollo Tactical Income Fund own?
Who are Apollo Tactical Income Fund's major shareholders?

Apollo Tactical Income Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Cetera Investment Advisers (0.00%), Cetera Advisors LLC (0.00%), Citizens Business Bank (0.00%), Commonwealth Equity Services LLC (0.00%), Capital Market Strategies LLC (0.00%) and Hartline Investment Corp (0.00%). Insiders that own company stock include Barry J Cohen and Saba Capital Management, LP.
View institutional ownership trends
.

How do I buy shares of Apollo Tactical Income Fund?

Shares of AIF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AIF) was last updated on 6/2/2024 by MarketBeat.com Staff

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