Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Apollo Tactical Income Fund (AIF) Stock Price

Media coverage about Apollo Tactical Income Fund (NYSE:AIF) has been trending somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Apollo Tactical Income Fund earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.422837119857 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Apollo Tactical Income Fund stock traded down $0.05 during mid-day trading on Friday, reaching $15.42. 45,707 shares of the company traded hands, compared to its average volume of 54,951. Apollo Tactical Income Fund has a fifty-two week low of $15.32 and a fifty-two week high of $16.52.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 31st. Stockholders of record on Monday, August 20th will be paid a $0.104 dividend. The ex-dividend date of this dividend is Friday, August 17th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 8.09%.

Apollo Tactical Income Fund Company Profile

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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