Somewhat Critical Media Coverage Somewhat Unlikely to Impact Apollo Senior Floating Rate Fund (AFT) Stock Price
Media headlines about Apollo Senior Floating Rate Fund (NYSE:AFT) have been trending somewhat negative recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news 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 -0.23 on Accern’s scale. Accern also gave news headlines about the closed-end fund an impact score of 47.0343572091943 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
The firm also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Friday, November 17th will be given a dividend of $0.09 per share. This represents a $1.08 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date of this dividend is Thursday, November 16th.
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Apollo Senior Floating Rate Fund Company Profile
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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