Apollo Tactical Income Fund (AIF) Earning Somewhat Favorable News Coverage, Report Shows

News stories about Apollo Tactical Income Fund (NYSE:AIF) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Apollo Tactical Income Fund earned a news impact score of 0.14 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.2008101383219 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Apollo Tactical Income Fund (NYSE:AIF) traded up $0.08 during trading on Friday, hitting $15.61. The stock had a trading volume of 213,965 shares, compared to its average volume of 69,549. Apollo Tactical Income Fund has a 52-week low of $15.24 and a 52-week high of $16.77.

The business also recently declared a special dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 22nd will be given a $0.02 dividend. The ex-dividend date is Thursday, December 21st. This represents a yield of 7.66%.

Separately, Canaccord Genuity restated a “buy” rating and set a $39.00 price objective on shares of Apollo Tactical Income Fund in a research report on Wednesday, November 1st.

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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.

Insider Buying and Selling by Quarter for Apollo Tactical Income Fund (NYSE:AIF)

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