Thomas J. Herzfeld Advisors Inc. acquired a new stake in Apollo Senior Floating (NYSE:AFT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 20,472 shares of the closed-end fund’s stock, valued at approximately $332,000. Thomas J. Herzfeld Advisors Inc. owned approximately 0.13% of Apollo Senior Floating as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. LPL Financial LLC acquired a new stake in Apollo Senior Floating in the fourth quarter valued at approximately $163,000. First Trust Advisors LP acquired a new stake in Apollo Senior Floating in the third quarter valued at approximately $199,000. BB&T Securities LLC acquired a new stake in Apollo Senior Floating in the fourth quarter valued at approximately $219,000. Millennium Management LLC acquired a new stake in Apollo Senior Floating in the fourth quarter valued at approximately $225,000. Finally, Two Sigma Securities LLC acquired a new stake in Apollo Senior Floating in the fourth quarter valued at approximately $229,000.
Shares of Apollo Senior Floating (AFT) opened at $16.56 on Friday. Apollo Senior Floating has a 1 year low of $16.08 and a 1 year high of $17.80.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Friday, March 16th will be given a $0.096 dividend. This is an increase from Apollo Senior Floating’s previous monthly dividend of $0.09. The ex-dividend date is Thursday, March 15th. This represents a $1.15 annualized dividend and a yield of 6.96%.
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Apollo Senior Floating 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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