November 16, 2016 - By Louis Casey · 0 Comments
Apollo Senior Floating Rate Fund Inc (NYSE:AFT) institutional sentiment decreased to 0.63 in 2016 Q2. Its down -0.96, from 1.59 in 2016Q1. The ratio worsened, as 15 active investment managers opened new or increased holdings, while 24 decreased and sold their positions in Apollo Senior Floating Rate Fund Inc. The active investment managers in our partner’s database now possess: 4.99 million shares, down from 5.21 million shares in 2016Q1. Also, the number of active investment managers holding Apollo Senior Floating Rate Fund Inc in their top 10 holdings decreased from 2 to 1 for a decrease of 1. Sold All: 12 Reduced: 12 Increased: 13 New Position: 2.
Apollo Senior Floating Rate Fund Inc. is a non-diversified, closed-end management investment company. The company has a market cap of $259.74 million. The Fund’s investment objective is to seek current income and preservation of capital. It currently has negative earnings. 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.
About 19,567 shares traded hands. Apollo Senior Floating Rate Fund Inc (NYSE:AFT) has risen 7.76% since April 14, 2016 and is uptrending. It has outperformed by 3.08% the S&P500.
Financial & Investment Management Group Ltd holds 2.77% of its portfolio in Apollo Senior Floating Rate Fund Inc for 574,620 shares. Mariner Investment Group Llc owns 355,087 shares or 1.9% of their US portfolio. Moreover, Doliver Capital Advisors Inc. has 1.25% invested in the company for 92,520 shares. The Michigan-based Robinson Capital Management Llc has invested 0.79% in the stock. Greenwich Wealth Management Llc, a Connecticut-based fund reported 17,900 shares.#img1#
More notable recent Apollo Senior Floating Rate Fund Inc (NYSE:AFT) news were published by: Businesswire.com which released: “Alvarez & Marsal Establishes Alvarez & Marsal Global Asset Management Services” on June 04, 2014, also Realmoney.Thestreet.com with their article: “4 Bond Funds to Buy if the Fed Stands Pat” published on June 14, 2016, Realmoney.Thestreet.com published: “A ‘Private’ View Into Pockets of Opportunity” on January 19, 2016. More interesting news about Apollo Senior Floating Rate Fund Inc (NYSE:AFT) were released by: Forbes.com and their article: “The ABCs Of Business Development Companies” published on December 01, 2014 as well as Realmoney.Thestreet.com‘s news article titled: “How to Play Publicly Traded Private Equity Funds” with publication date: July 25, 2016.
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By Louis Casey