CORRECTION -- Apollo Tactical Income Fund Inc. Declares June 2024 Monthly Distribution of $0.144 Per Share

Rhea-AI Summary

Apollo Tactical Income Fund announced a June 2024 monthly distribution of $0.144 per common share, correcting a previous error in the release date.

The important dates are as follows: Ex-Date and Record Date are June 21, 2024, and the Payment Date is June 28, 2024.

This correction addresses an inadvertent error in the initial announcement issued on June 11, 2024.

Positive

• Declared monthly distribution of $0.144 per share for June 2024.
• Payment Date set for June 28, 2024, demonstrating consistent returns to investors.
• Clear communication and prompt correction of the ex-date, ensuring transparency.

Negative

• Correction notice indicates initial oversight in communication, possibly raising concerns about accuracy.

In the news release, “Apollo Tactical Income Fund Inc. Declares June 2024 Monthly Distribution of $0.144 Per Share,” issued 11-Jun-2024 by Apollo Tactical Income Fund Inc. over GlobeNewswire, we are advised by the Fund that the third paragraph, first sentence reading “Ex-Date,” should read “June 21, 2024” rather than “June 20, 2024” as originally issued inadvertently. The complete, corrected release follows:

NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- (NYSE: AIF) - Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of June 2024 of $0.144 per common share, payable on the date noted below.

The following dates apply to the declared distribution:

Ex-Date: June 21, 2024
Record Date: June 21, 2024
Payment Date: June 28, 2024
Per Share Amount: $0.144

Apollo Contact Information:

Product Literature
877-864-4834

Investors
Elizabeth Besen
Investor Relations Manager
Apollo Global Management, Inc.
212-822-0625
ebesen@apollo.com

Forward-Looking Statements

This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. These statements include, but are not limited to, discussions related to the Fund’s expectations regarding the performance of its business, its liquidity and capital resources and the other non-historical statements in the discussion and analysis. These forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. When used in this release, the words “believe,” “anticipate,” “estimate,” “expect,” “intend” and similar expressions are intended to identify forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. These statements are subject to certain risks, uncertainties and assumptions, including risks relating to our dependence on certain key personnel, our ability to raise new Private Equity or Capital Markets funds, market conditions, generally, our ability to manage our rapid growth, fund performance, changes in our regulatory environment and tax status, the variability of our revenue, net income and cash flow, our use of leverage to finance our businesses and investments by our funds and litigation risks, among others.

FAQ

What is the June 2024 distribution amount for Apollo Tactical Income Fund?

The June 2024 distribution amount for Apollo Tactical Income Fund is $0.144 per common share.

What are the important dates for Apollo Tactical Income Fund's June 2024 distribution?

The Ex-Date and Record Date are June 21, 2024, and the Payment Date is June 28, 2024.

What correction was made to the Apollo Tactical Income Fund's June 2024 distribution press release?

The correction changed the Ex-Date from June 20, 2024, to June 21, 2024.