Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
5.99% -5.64% 235.07M 89110.50
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
10.87% 47.20% -- Upgrade

Basic Info

Investment Strategy
The fund's investment objective is to seek current income and preservation of capital. AFT seeks to achieve its investment objective by investing primarily in senior, secured loans made to companies whose debt is rated below investment grade (“Senior Loans”) and investments with similar characteristics. Senior Loans typically hold a first lien priority and pay interest at rates that are determined periodically on the basis of a floating base lending rate plus a spread.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index Morningstar LSTA US LL Index 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
S&P LSTA Leveraged Loan TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Alexander Wright 13.11 yrs
Bret Leas 13.11 yrs
James Vanek 0.87 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)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of April 15, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Loading chart...
Name
2017
2018
2019
2020
2021
2022
2023
YTD
-0.18%
-4.02%
14.05%
2.74%
19.10%
-16.93%
20.24%
10.65%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.11%
10.32%
-4.73%
19.26%
4.67%
12.91%
-13.39%
29.28%
3.21%
3.90%
-11.96%
18.97%
-0.84%
25.90%
-16.55%
26.28%
6.44%
3.88%
-6.95%
16.40%
0.86%
22.87%
-19.17%
29.27%
5.54%
1.67%
-6.12%
16.83%
2.55%
21.00%
-20.09%
27.15%
8.02%
As of April 15, 2024.

Asset Allocation

As of September 30, 2022.
Type % Net % Long % Short
Cash 7.60% Upgrade Upgrade
Stock 0.91% Upgrade Upgrade
Bond 150.6% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.20% Upgrade Upgrade
Other -59.34% Upgrade Upgrade

Basic Info

Investment Strategy
The fund's investment objective is to seek current income and preservation of capital. AFT seeks to achieve its investment objective by investing primarily in senior, secured loans made to companies whose debt is rated below investment grade (“Senior Loans”) and investments with similar characteristics. Senior Loans typically hold a first lien priority and pay interest at rates that are determined periodically on the basis of a floating base lending rate plus a spread.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index Morningstar LSTA US LL Index 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
S&P LSTA Leveraged Loan TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Alexander Wright 13.11 yrs
Bret Leas 13.11 yrs
James Vanek 0.87 yrs

Top Portfolio Holders

0 of 0