Apollo Senior Floating Rate Fund Inc (AFT) Shares Sold by Stephens Inc. AR

Stephens Inc. AR lowered its holdings in Apollo Senior Floating Rate Fund Inc (NYSE:AFT) by 33.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,785 shares of the closed-end fund’s stock after selling 5,530 shares during the period. Stephens Inc. AR’s holdings in Apollo Senior Floating Rate Fund were worth $155,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Benjamin F. Edwards & Company Inc. purchased a new position in Apollo Senior Floating Rate Fund during the fourth quarter worth about $26,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Apollo Senior Floating Rate Fund in the 4th quarter worth approximately $151,000. Virtu Financial LLC bought a new position in shares of Apollo Senior Floating Rate Fund in the 3rd quarter worth approximately $198,000. Private Advisor Group LLC bought a new position in shares of Apollo Senior Floating Rate Fund in the 3rd quarter worth approximately $274,000. Finally, CWM LLC bought a new position in shares of Apollo Senior Floating Rate Fund in the 4th quarter worth approximately $341,000.

Shares of NYSE:AFT traded down $0.10 during trading on Friday, hitting $15.07. The stock had a trading volume of 267 shares, compared to its average volume of 78,001. Apollo Senior Floating Rate Fund Inc has a 12 month low of $13.92 and a 12 month high of $18.69.

The company also recently announced a monthly dividend, which will be paid on Friday, March 29th. Stockholders of record on Monday, March 18th will be given a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 7.96%. The ex-dividend date of this dividend is Friday, March 15th.

ILLEGAL ACTIVITY WARNING: “Apollo Senior Floating Rate Fund Inc (AFT) Shares Sold by Stephens Inc. AR” was originally posted by Stock Observer and is the property of of Stock Observer. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://www.thestockobserver.com/2019/03/15/apollo-senior-floating-rate-fund-inc-aft-shares-sold-by-stephens-inc-ar.html.

About Apollo Senior Floating Rate Fund

Apollo Senior Floating Rate Fund Inc is a closed ended fixed income mutual fund launched and managed by Apollo Credit Management, LLC. The Fund invests in fixed income markets. It primarily invests in senior secured loans made to companies whose debt is rated below investment grade. The Fund employs a conservative approach to credit selection that focuses on collateral coverage, structural seniority, and credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams.

Further Reading: SEC Filing

Want to see what other hedge funds are holding AFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apollo Senior Floating Rate Fund Inc (NYSE:AFT).

Institutional Ownership by Quarter for Apollo Senior Floating Rate Fund (NYSE:AFT)

Receive News & Ratings for Apollo Senior Floating Rate Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apollo Senior Floating Rate Fund and related companies with MarketBeat.com's FREE daily email newsletter.