Headlines about Apollo Tactical Income Fund (NYSE:AIF) have been trending positive on Wednesday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Apollo Tactical Income Fund earned a media sentiment score of 0.35 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.5199563848568 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Apollo Tactical Income Fund (NYSE AIF) traded up $0.03 during trading hours on Wednesday, reaching $15.61. 7,425 shares of the company’s stock traded hands, compared to its average volume of 78,749. Apollo Tactical Income Fund has a 12 month low of $15.37 and a 12 month high of $16.77.
The business also recently announced a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th will be given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 7.69%. The ex-dividend date is Tuesday, February 13th.
About Apollo Tactical Income Fund
Apollo Tactical Income Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income with a secondary objective of preservation of capital. The Fund invests approximately 80% of its assets in credit instruments, such as senior loans, subordinated loans, high yield corporate bonds, notes, bills, debentures, distressed securities, mezzanine securities, structured products, bank loans, corporate loans, convertible and preferred securities, government and municipal obligations, mortgage-backed securities, repurchase agreements and other fixed-income instruments, and investments.
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