Apollo Tactical Income Fund Quote
| AIF Fund | USD 14.22 0.22 1.57% |
Performance2 of 100
| Odds Of DistressLess than 18
|
Apollo Tactical is trading at 14.22 as of the 28th of April 2024. This is a 1.57 percent up since the beginning of the trading day. The fund's lowest day price was 14.0. Apollo Tactical has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Apollo Tactical Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of February 2023 and ending today, the 28th of April 2024. Click here to learn more.
Apollo Tactical Income Fund Inc. is a closed-ended fixed income fund launched and managed by Apollo Credit Management, LLC. Apollo Tactical Income Fund Inc. was formed on February 25, 2013 and is domiciled in the United States. Apollo Tacticalome is traded on New York Stock Exchange in the United States.. The company has 14.46 M outstanding shares of which 8.04 K shares are presently shorted by investors with about 0.12 days to cover. More on Apollo Tactical Income
Apollo Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Apollo Tactical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Apollo Tactical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Barry Cohen |
| Old Name | Acorn Income Fund Limited |
| Fund Concentration | Aberdeen Funds, High Yield Bond Funds, SP TSX Composite Funds, Aberdeen, Asset Management, Financial Services (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of February 2020 |
| Fiscal Year End | October |
Apollo Tactical Income [AIF] is traded in USA and was established 28th of April 2024. Apollo Tactical is listed under Aberdeen category by Fama And French industry classification. The fund is classified under Aberdeen family. This fund presently has 91.4 M in assets under management (AUM) with no minimum investment requirementsApollo Tactical Me is currently generating return of 3.26% with the current yeild of 0.01%, while the total return for the last 3 years was 4.74%.
Apollo Tactical Income has about 3.55 M in cash with 15.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check Apollo Tactical Probability Of Bankruptcy
Apollo Tactical Target Price Odds Analysis
In reference to a normal probability distribution, the odds of Apollo Tactical jumping above the current price in 90 days from now is about 58.34%. The Apollo Tactical Income probability density function shows the probability of Apollo Tactical fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Apollo Tactical has a beta of 0.5486. This suggests as returns on the market go up, Apollo Tactical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Apollo Tactical Income will be expected to be much smaller as well. Additionally, apollo Tactical Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Apollo Tactical to move above the current price in 90 days from now is about 58.34 (This Apollo Tactical Income probability density function shows the probability of Apollo Fund to fall within a particular range of prices over 90 days) .
Apollo Tactical Top Holders
| RBNAX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
| RBNNX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
| RBNCX | Robinson Opportunistic Income | Mutual Fund | High Yield Bond |
| MDFIX | Matisse Discounted Bond | Mutual Fund | Multisector Bond |
Apollo Tactical Me Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Apollo Tactical market risk premium is the additional return an investor will receive from holding Apollo Tactical long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Apollo Tactical. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Apollo Tactical's alpha and beta are two of the key measurements used to evaluate Apollo Tactical's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0271 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.04) |
Apollo Tactical Against Markets
Picking the right benchmark for Apollo Tactical fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Apollo Tactical fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Apollo Tactical is critical whether you are bullish or bearish towards Apollo Tactical Income at a given time. Please also check how Apollo Tactical's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Apollo Tactical without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy Apollo Fund?
Before investing in Apollo Tactical, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Apollo Tactical. To buy Apollo Tactical fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Apollo Tactical. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Apollo Tactical fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Apollo Tactical Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Apollo Tactical Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Apollo Tactical Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Apollo Tactical Income?
The danger of trading Apollo Tactical Income is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Apollo Tactical is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Apollo Tactical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Apollo Tactical Me is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Tactical Income. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.