Apollo Investment Corporation is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. The Company invests primarily in various forms of debt investments, including secured and unsecured debt, loan investments, and/or equity in private middle-market companies. The Company may also invest in the securities of public companies and structured products and other investments such as collateralized loan obligations and credit-linked notes. The Company seeks to provide private financing solutions for private companies that do not have access to the more traditional providers of credit. Apollo Investment Corporation is managed by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, Inc., a leading global alternative investment manager.
Company profile
Ticker
MFIC
Exchange
Website
CEO
Howard Widra
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
APOLLO CAPITAL CORP, APOLLO INVESTMENT CORP
SEC CIK
Corporate docs
IRS number
522439556
MFIC stock data
Latest filings (excl ownership)
N-14 8C/A
Registration statement for closed-end investment company (amended)
19 Mar 24
425
Business combination disclosure
4 Mar 24
425
Business combination disclosure
1 Mar 24
8-K
Results of Operations and Financial Condition
26 Feb 24
N-14 8C/A
Registration statement for closed-end investment company (amended)
16 Jan 24
CERT
Certification of approval for exchange listing
18 Dec 23
8-A12B
Registration of securities on exchange
13 Dec 23
8-K
Entry into a Material Definitive Agreement
13 Dec 23
424B2
Prospectus for primary offering
8 Dec 23
FWP
Free writing prospectus
6 Dec 23
Transcripts
MFIC
Earnings call transcript
2023 Q4
27 Feb 24
MFIC
Earnings call transcript
2023 Q3
8 Nov 23
MFIC
Earnings call transcript
2023 Q2
2 Aug 23
MFIC
Earnings call transcript
2023 Q1
3 May 23
MFIC
Earnings call transcript
2022 Q4
21 Feb 23
MFIC
Earnings call transcript
2022 Q3
3 Nov 22
MFIC
Earnings call transcript
2023 Q1
2 Aug 22
MFIC
Earnings call transcript
2023 Q1
2 Aug 22
MFIC
Earnings call transcript
2022 Q1
20 May 22
MFIC
Earnings call transcript
2022 Q4
20 May 22
Latest ownership filings
4
JOHN J HANNAN
14 Jun 23
3
Ryan DelGiudice
23 Mar 23
4
Tanner Powell
14 Mar 23
4
Ted Aymond Jr. McNulty
14 Mar 23
3
Carmencita N.M. Whonder
10 Mar 23
3
EMANUEL R PEARLMAN
10 Mar 23
3
Ted Aymond Jr. McNulty
10 Aug 22
3
Kristin Hester
9 Aug 22
4
Howard Widra
3 Aug 22
SC 13G/A
THORNBURG INVESTMENT MANAGEMENT INC
7 Feb 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Sep 22 | |
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Diluted EPS |
Annual (USD) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 43.15 mm | 43.15 mm | 43.15 mm | 43.15 mm | 43.15 mm | 43.15 mm |
Cash burn (monthly) | 2.35 mm | (no burn) | 4.13 mm | 3.85 mm | 766.33 k | (no burn) |
Cash used (since last report) | 13.98 mm | n/a | 24.56 mm | 22.94 mm | 4.56 mm | n/a |
Cash remaining | 29.17 mm | n/a | 18.59 mm | 20.21 mm | 38.59 mm | n/a |
Runway (months of cash) | 12.4 | n/a | 4.5 | 5.2 | 50.4 | n/a |
Institutional ownership, Q3 2023
28.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 115 |
Opened positions | 14 |
Closed positions | 14 |
Increased positions | 45 |
Reduced positions | 31 |
13F shares | Current |
---|---|
Total value | 229.71 bn |
Total shares | 18.36 mm |
Total puts | 37.50 k |
Total calls | 183.30 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Thornburg Investment Management | 2.94 mm | $40.36 bn |
Apollo Management | 2.49 mm | $34.24 bn |
Allspring Global Investments | 2.28 mm | $31.29 bn |
Van Eck Associates | 1.08 mm | $14.87 mm |
MS Morgan Stanley | 908.88 k | $12.50 bn |
IVZ Invesco | 791.01 k | $10.88 bn |
LGEN Legal & General | 472.79 k | $6.51 bn |
Northern Right Capital Management | 442.44 k | $6.08 bn |
Arete Wealth Management | 394.75 k | $5.43 bn |
Neuberger Berman | 344.40 k | $4.74 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Mar 23 | Ted Aymond Jr. McNulty | Common Stock | Sell | Dispose S | No | No | 12.09 | 1,498 | 18.11 k | 16,966 |
10 Mar 23 | Tanner Powell | Common Stock | Sell | Dispose S | No | No | 12.09 | 8,277 | 100.07 k | 53,606 |
News
Keefe, Bruyette & Woods Maintains Market Perform on MidCap Financial, Raises Price Target to $15
12 Mar 24
Friday Is Your Last Chance To Buy MidCap Financial Before The Dividend Payout
6 Mar 24
Citigroup Maintains Neutral on MidCap Financial, Raises Price Target to $14
28 Feb 24
Peeling Back The Layers: Exploring MidCap Financial Through Analyst Insights
28 Feb 24
RBC Capital Maintains Sector Perform on MidCap Financial, Raises Price Target to $15
28 Feb 24