Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
6.17% -3.19% 215.05M 109307.5
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
10.71% 48.40% -13.89M Upgrade

Basic Info

Investment Strategy
The Fund’s primary investment objective is to seek current income with a secondary objective of preservation of capital by investing in a portfolio of senior loans, corporate bonds and other credit instruments of varying maturities. The Fund seeks to generate current income and preservation of capital primarily by allocating assets among different types of credit instruments based on absolute and relative value considerations. Under normal market conditions, the Fund invests at least 80% of its managed.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Income
Fund Owner Firm Name Apollo Credit Management, LLC
Prospectus Benchmark Index
Morningstar LSTA US LL Index TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Bret Leas 11.19 yrs
James Vanek 10.34 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 08, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
10.32%
-4.73%
19.26%
3.46%
12.34%
-13.39%
29.28%
7.00%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-1.95%
9.70%
-2.51%
21.96%
2.24%
26.82%
-28.22%
28.97%
10.80%
-0.18%
-4.02%
14.05%
2.21%
18.51%
-16.93%
20.24%
13.45%
15.62%
-17.64%
23.73%
7.33%
5.96%
-22.82%
19.41%
4.81%
2.89%
-5.03%
28.40%
6.81%
15.72%
-18.35%
15.02%
6.41%
As of May 08, 2024.

Asset Allocation

As of September 30, 2022.
Type % Net % Long % Short
Cash 3.57% Upgrade Upgrade
Stock 0.92% Upgrade Upgrade
Bond 150.6% Upgrade Upgrade
Convertible 0.56% Upgrade Upgrade
Preferred 0.20% Upgrade Upgrade
Other -55.84% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund’s primary investment objective is to seek current income with a secondary objective of preservation of capital by investing in a portfolio of senior loans, corporate bonds and other credit instruments of varying maturities. The Fund seeks to generate current income and preservation of capital primarily by allocating assets among different types of credit instruments based on absolute and relative value considerations. Under normal market conditions, the Fund invests at least 80% of its managed.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Income
Fund Owner Firm Name Apollo Credit Management, LLC
Prospectus Benchmark Index
Morningstar LSTA US LL Index TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Bret Leas 11.19 yrs
James Vanek 10.34 yrs

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