Apollo Tactical Income Fund Inc. (the "Fund") is a 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 by investing in a portfolio of senior loans, corporate bonds and other credit instruments of varying maturities. The Fund seeks to generate current income and preservation of capital primarily by allocating assets among different types of credit instruments based on absolute and relative value considerations. Under normal market conditions, the Fund invests at least 80% of its managed assets (which includes leverage) in credit instruments and investments with similar economic characteristics.
Company profile
Ticker
XAIFX, XAIFX
Exchange
Employees
Incorporated
Location
Fiscal year end
Former names
Apollo Credit Fund Inc.
SEC CIK
XAIFX stock data
Latest filings (excl ownership)
N-PX
Annual report of proxy voting record
23 Aug 24
N-CSRS
Certified semi-annual shareholder report (management investment company)
7 Aug 24
25-NSE
Exchange delisting
22 Jul 24
425
Business combination disclosure
30 May 24
425
Business combination disclosure
28 May 24
425
Business combination disclosure
15 May 24
425
Business combination disclosure
14 May 24
DEFA14A
Additional proxy soliciting materials
8 May 24
DEF 14A
Definitive proxy
8 May 24
425
Business combination disclosure
8 May 24
Latest ownership filings
NPORT-P
Apollo Tactical Income Fund Inc. (Jun 2024 report)
9 Aug 24
4
James Vanek
24 Jul 24
4
ELLIOT STEIN JR
24 Jul 24
3
Meredith Coffey
13 Jun 24
NPORT-P
Apollo Tactical Income Fund Inc. (Mar 2024 report)
29 May 24
4
Barry J. Cohen
4 Mar 24
144
Notice of proposed sale of securities
29 Feb 24
NPORT-P
Apollo Tactical Income Fund Inc. (Dec 2023 report)
28 Feb 24
SC 13G/A
MORGAN STANLEY
12 Feb 24
SC 13G/A
Saba Capital Management, L.P.
29 Jan 24
Institutional ownership, Q2 2024
26.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 47 |
Opened positions | 10 |
Closed positions | 7 |
Increased positions | 18 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 45.88 bn |
Total shares | 3.81 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Pathstone | 621.56 k | $9.10 bn |
First Trust Portfolios | 613.57 k | $0.00 |
WFC Wells Fargo & Company | 324.61 k | $4.75 bn |
MS Morgan Stanley | 320.19 k | $4.69 bn |
Foundations Investment Advisors | 282.55 k | $4.14 bn |
Guggenheim Capital | 240.53 k | $3.52 bn |
IVZ Invesco | 217.66 k | $3.19 bn |
LPL Financial | 175.29 k | $2.57 bn |
BAC Bank of America | 134.11 k | $1.96 bn |
RY Royal Bank of Canada | 122.21 k | $1.79 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Jul 24 | Stein Elliot JR | Common Stock | Sale back to company | Dispose D | No | No | 0 | 600 | 0.00 | 0 |
22 Jul 24 | James Vanek | Common Stock | Sale back to company | Dispose D | No | No | 0 | 13,880 | 0.00 | 0 |
1 Mar 24 | Barry J. Cohen | Common Stock | Sell | Dispose S | Yes | No | 15.19 | 6,000 | 91.14 k | 0 |
29 Feb 24 | Barry J. Cohen | Common Stock | Sell | Dispose S | Yes | No | 15.1007 | 7,882 | 119.02 k | 6,000 |
Press releases
MidCap Financial Investment Corporation Completes Mergers with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.
22 Jul 24
MidCap Financial Investment Corporation, Apollo Senior Floating Rate Fund Inc., and Apollo Tactical Income Fund Inc. Announce Expected Closing Date for Mergers
12 Jul 24