News coverage about Apollo Tactical Income Fund (NYSE:AIF) has trended positive recently, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Apollo Tactical Income Fund earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.9162767602587 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Apollo Tactical Income Fund (NYSE AIF) opened at $15.77 on Tuesday. Apollo Tactical Income Fund has a 12 month low of $14.87 and a 12 month high of $16.77.
The business 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 $0.10 per share. The ex-dividend date is Thursday, November 16th. This represents a $1.20 dividend on an annualized basis and a yield of 7.61%.
Separately, Canaccord Genuity reissued a “buy” rating and issued a $39.00 price target on shares of Apollo Tactical Income Fund in a research note on Wednesday, November 1st.
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.
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