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Apollo Senior Floating Rate Fund (Apollo Senior Floating Rate Fund) 5-Year Yield-on-Cost % : 12.81 (As of Apr. 26, 2024)


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What is Apollo Senior Floating Rate Fund 5-Year Yield-on-Cost %?

Apollo Senior Floating Rate Fund's yield on cost for the quarter that ended in Dec. 2023 was 12.81.


The historical rank and industry rank for Apollo Senior Floating Rate Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

AFT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.46   Med: 8.89   Max: 13.28
Current: 12.81


During the past 7 years, Apollo Senior Floating Rate Fund's highest Yield on Cost was 13.28. The lowest was 6.46. And the median was 8.89.


AFT's 5-Year Yield-on-Cost % is ranked better than
87.73% of 1214 companies
in the Asset Management industry
Industry Median: 6.005 vs AFT: 12.81

Competitive Comparison of Apollo Senior Floating Rate Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Apollo Senior Floating Rate Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Apollo Senior Floating Rate Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Apollo Senior Floating Rate Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Apollo Senior Floating Rate Fund's 5-Year Yield-on-Cost % falls into.



Apollo Senior Floating Rate Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Apollo Senior Floating Rate Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Apollo Senior Floating Rate Fund  (NYSE:AFT) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Apollo Senior Floating Rate Fund 5-Year Yield-on-Cost % Related Terms

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Apollo Senior Floating Rate Fund (Apollo Senior Floating Rate Fund) Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, New York, NY, USA, 10019
Apollo Senior Floating Rate Fund Inc.is a diversified, closed-end management investment company. The Fund's investment objective is to seek current income and preservation of capital by investing in senior, secured loans made to companies whose debt is rated below investment grade and investments with similar economic characteristics. Senior loans typically hold a first lien priority and pay floating rates of interest, generally quoted as a spread over a reference floating rate benchmark. Under normal market conditions, the Fund invests at least 80% of its managed assets (which includes leverage) in floating rate senior loans and investments with similar economic characteristics.
Executives
James Vanek officer: See Remarks 9 W 57TH STREET, FLOOR 41, NEW YORK NY 10019
Ryan Delgiudice officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Kristin Hester officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
Robert L Borden director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Seifert Kenneth Lee Jr. officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Joseph A. Moroney officer: President and CIO C/O APOLLO SENIOR FLOATING RATE FUND, 9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Total Return Master Fund L.p. other: See Remarks ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10057
Frank F Marra officer: Treasurer and CFO APOLLO GLOBAL MANAGEMENT, 730 FIFTH AVE, 11TH FLOOR, NEW YORK NY 10019
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Barry J. Cohen director C/O APOLLO SENIOR FLOATING RATE FUND INC, 9 WEST 57TH STREET, NEW YORK NY 10019
John J Hannan director 9 WEST 57TH STREET, NEW YORK NY 10019
Todd J Slotkin director 35 EAST 62ND STREET, NEW YORK NY 10021
Glenn N Marchak director CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902

Apollo Senior Floating Rate Fund (Apollo Senior Floating Rate Fund) Headlines