Wolverine Asset Management LLC acquired a new position in Apollo Tactical Income Fund Inc (NYSE:AIF) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 53,250 shares of the company’s stock, valued at approximately $838,000.

Other institutional investors also recently bought and sold shares of the company. Ares Management LLC bought a new stake in Apollo Tactical Income Fund in the fourth quarter worth approximately $235,000. Mariner Investment Group LLC bought a new stake in Apollo Tactical Income Fund in the fourth quarter worth approximately $475,000. SG Americas Securities LLC increased its holdings in Apollo Tactical Income Fund by 375.3% in the fourth quarter. SG Americas Securities LLC now owns 32,356 shares of the company’s stock worth $510,000 after purchasing an additional 25,548 shares in the last quarter. Doliver Capital Advisors LP increased its holdings in Apollo Tactical Income Fund by 72.6% in the fourth quarter. Doliver Capital Advisors LP now owns 25,716 shares of the company’s stock worth $405,000 after purchasing an additional 10,813 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in Apollo Tactical Income Fund by 1.4% in the third quarter. Wells Fargo & Company MN now owns 888,942 shares of the company’s stock worth $14,409,000 after purchasing an additional 12,478 shares in the last quarter.

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Shares of Apollo Tactical Income Fund Inc (AIF) opened at $15.76 on Wednesday. Apollo Tactical Income Fund Inc has a 1-year low of $15.37 and a 1-year high of $16.77.

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Friday, March 16th will be issued a $0.10 dividend. The ex-dividend date is Thursday, March 15th. This represents a $1.20 dividend on an annualized basis and a yield of 7.61%.

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Apollo Tactical Income Fund Profile

Apollo Tactical Income Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek current income with a secondary objective of preservation of capital. The Fund invests approximately 80% of its assets in credit instruments, such as senior loans, subordinated loans, high yield corporate bonds, notes, bills, debentures, distressed securities, mezzanine securities, structured products, bank loans, corporate loans, convertible and preferred securities, government and municipal obligations, mortgage-backed securities, repurchase agreements and other fixed-income instruments, and investments.

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Institutional Ownership by Quarter for Apollo Tactical Income Fund (NYSE:AIF)

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