Apollo Senior Floating Rate Fund (AFT) Earning Somewhat Favorable News Coverage, Report Shows
Media stories about Apollo Senior Floating Rate Fund (NYSE:AFT) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. 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 Senior Floating Rate Fund earned a coverage optimism score of 0.01 on Accern’s scale. Accern also gave press coverage about the closed-end fund an impact score of 47.6896033383724 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Apollo Senior Floating Rate Fund (NYSE AFT) traded up 0.54% during trading on Monday, hitting $16.87. 50,236 shares of the stock traded hands. Apollo Senior Floating Rate Fund has a 52 week low of $16.22 and a 52 week high of $18.08. The firm’s 50-day moving average price is $16.91 and its 200-day moving average price is $17.27.
The firm also recently announced a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Tuesday, September 19th will be given a dividend of $0.09 per share. The ex-dividend date is Monday, September 18th. This represents a $1.08 annualized dividend and a dividend yield of 6.40%.
About Apollo Senior Floating Rate Fund
Apollo Senior Floating Rate Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek current income and preservation of capital. The Fund seeks to achieve its investment objective by investing in senior, secured loans made to companies whose debt is rated below investment grade and investments with similar characteristics.
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