Apollo Senior Floating Rate Fund Past Earnings Performance
Past criteria checks 2/6
Apollo Senior Floating Rate Fund has been growing earnings at an average annual rate of 9.6%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 1.8% per year. Apollo Senior Floating Rate Fund's return on equity is 15.4%, and it has net margins of 93%.
Key information
9.6%
Earnings growth rate
9.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 1.8% |
| Return on equity | 15.4% |
| Net Margin | 93.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
AFT: A Good Fund For Floating Income
Feb 06AFT: A Good Floater If The Market Is Wrong About Rates, Or A Potential Hedge
Nov 22AFT: Senior Loan CEF, Double-Digit Distribution Yield And Discount
Sep 14AFT: Grow Your Income With This 11% Yielding CEF
Sep 07Senior Loans On Sale For 80%; 'Double Discounts' On Closed-End Funds Like AFT And BGX
Jun 28Apollo Senior Floating Rate Fund declares $0.113 dividend
Feb 09Apollo Senior Floating Rate Fund declares $0.108 dividend
Jan 11AFT: Deep Discount Persists, As Do The Distribution Boosts
Dec 21Apollo Senior Floating Rate Fund declares $0.108 dividend
Dec 09Apollo Senior Floating Rate Fund declares $0.105 dividend
Nov 14Apollo Senior Floating Rate Fund raises monthly dividend by 2.9% to $0.105/share
Oct 07AFT: More Distribution Boosts On The Horizon And An Attractive Valuation
Sep 28Apollo Senior Floating Rate Fund raises 20% to $0.102 /shares
Sep 09Apollo Senior Floating Rate Fund raises dividend 8.2% to $0.092/share
Jul 05AFT: A Floating-Rate CEF As A Discount Shrinkage Play
Apr 13AFT: Fight Inflation With This Floating Rate Fund
Jan 25Apollo Senior Floating Rate Fund: Discounted And Distribution Heading In The Right Direction
Nov 03Apollo Senior Floating Rate Fund declares $0.08 dividend
May 06Apollo Senior Floating Rate Fund declares $0.074 dividend
Feb 02Apollo Senior Floating Rate Fund declares $0.074 dividend
Jan 04Apollo Senior Floating Rate Fund declares $0.099 special dividend
Dec 21Apollo Senior Floating Rate Fund declares $0.074 dividend
Dec 07Revenue & Expenses BreakdownBeta
How Apollo Senior Floating Rate Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 39 | 36 | 6 | 0 |
| 30 Sep 23 | 36 | 31 | 6 | 0 |
| 30 Jun 23 | 34 | 26 | 6 | 0 |
| 31 Mar 23 | 30 | 4 | 6 | 0 |
| 31 Dec 22 | 26 | -18 | 6 | 0 |
| 30 Sep 22 | 23 | -19 | 6 | 0 |
| 30 Jun 22 | 21 | -21 | 6 | 0 |
| 31 Mar 22 | 21 | -1 | 6 | 0 |
| 31 Dec 21 | 21 | 20 | 6 | 0 |
| 30 Sep 21 | 21 | 33 | 6 | 0 |
| 30 Jun 21 | 22 | 46 | 6 | 0 |
| 31 Mar 21 | 22 | 25 | 6 | 0 |
| 31 Dec 20 | 23 | 4 | 5 | 0 |
| 30 Sep 20 | 24 | -6 | 5 | 0 |
| 30 Jun 20 | 26 | -16 | 6 | 0 |
| 31 Mar 20 | 28 | 6 | 6 | 0 |
| 31 Dec 19 | 29 | 28 | 6 | 0 |
| 30 Sep 19 | 30 | 18 | 6 | 0 |
| 30 Jun 19 | 30 | 9 | 6 | 0 |
| 31 Mar 19 | 30 | 2 | 6 | 0 |
| 31 Dec 18 | 30 | -4 | 6 | 0 |
| 30 Sep 18 | 29 | 3 | 6 | 0 |
| 30 Jun 18 | 29 | 11 | 6 | 0 |
| 31 Mar 18 | 28 | 13 | 6 | 0 |
| 31 Dec 17 | 27 | 15 | 6 | 0 |
| 30 Sep 17 | 27 | 21 | 6 | 0 |
| 30 Jun 17 | 27 | 28 | 6 | 0 |
| 31 Mar 17 | 28 | 33 | 6 | 0 |
| 31 Dec 16 | 28 | 37 | 6 | 0 |
| 30 Sep 16 | 28 | 21 | 6 | 0 |
| 30 Jun 16 | 27 | 5 | 6 | 0 |
| 31 Mar 16 | 28 | 1 | 6 | 0 |
| 31 Dec 15 | 28 | -2 | 6 | 0 |
| 30 Sep 15 | 28 | 2 | 6 | 0 |
| 30 Jun 15 | 28 | 7 | 6 | 0 |
| 31 Mar 15 | 28 | 7 | 6 | 0 |
| 31 Dec 14 | 27 | 6 | 6 | 0 |
| 30 Sep 14 | 28 | 15 | 6 | 0 |
| 30 Jun 14 | 28 | 24 | 6 | 0 |
| 31 Mar 14 | 29 | 25 | 6 | 0 |
| 31 Dec 13 | 30 | 26 | 6 | 0 |
| 30 Sep 13 | 30 | 27 | 6 | 0 |
| 30 Jun 13 | 31 | 29 | 6 | 0 |
Quality Earnings: AFT has a large one-off gain of $11.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: AFT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AFT has become profitable over the past 5 years, growing earnings by 9.6% per year.
Accelerating Growth: AFT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AFT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-0.3%).
Return on Equity
High ROE: AFT's Return on Equity (15.4%) is considered low.