Stifel Financial Corp Buys 45,442 Shares of Apollo Senior Floating Rate Fund Inc (AFT)

Stifel Financial Corp boosted its stake in shares of Apollo Senior Floating Rate Fund Inc (NYSE:AFT) by 271.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,187 shares of the closed-end fund’s stock after acquiring an additional 45,442 shares during the quarter. Stifel Financial Corp’s holdings in Apollo Senior Floating Rate Fund were worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Advisor Group Inc. lifted its position in Apollo Senior Floating Rate Fund by 23.6% during the 4th quarter. Advisor Group Inc. now owns 58,260 shares of the closed-end fund’s stock worth $945,000 after acquiring an additional 11,111 shares during the period. Wolverine Asset Management LLC lifted its position in Apollo Senior Floating Rate Fund by 107.5% during the 4th quarter. Wolverine Asset Management LLC now owns 124,437 shares of the closed-end fund’s stock worth $2,018,000 after acquiring an additional 64,476 shares during the period. Wells Fargo & Company MN lifted its position in Apollo Senior Floating Rate Fund by 54.8% during the 4th quarter. Wells Fargo & Company MN now owns 211,080 shares of the closed-end fund’s stock worth $3,424,000 after acquiring an additional 74,749 shares during the period. Thomas J. Herzfeld Advisors Inc. acquired a new stake in Apollo Senior Floating Rate Fund during the 4th quarter worth approximately $332,000. Finally, Two Sigma Securities LLC acquired a new stake in Apollo Senior Floating Rate Fund during the 4th quarter worth approximately $229,000.

Apollo Senior Floating Rate Fund opened at $16.33 on Friday, MarketBeat Ratings reports. Apollo Senior Floating Rate Fund Inc has a twelve month low of $16.08 and a twelve month high of $18.69.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 31st. Shareholders of record on Wednesday, July 18th will be given a dividend of $0.096 per share. The ex-dividend date is Tuesday, July 17th. This represents a $1.15 dividend on an annualized basis and a yield of 7.05%.

Apollo Senior Floating Rate Fund Profile

Apollo Senior Floating Rate Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek current income and preservation of capital. 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.

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

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