Fund Description: Apollo Tactical Income Fund, Inc. is an exchange-traded closed-end fund or a closed-end ETF that is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Apollo Tactical Income Fund, Inc. seeks current income with a secondary objective of preservation of capital. FUND STRATEGY: Under normal market conditions, at least 80% of the Fund’s Managed Assets will be invested in credit instruments and investments with similar economic characteristics which will include Senior Loans, subordinated loans, Corporate Bonds, notes, bills, debentures, distressed securities, mezzanine securities, structured products (including, without limitation, collateralized debt obligations, collateralized loan obligations and asset-backed securities, bank loans, corporate loans, convertible and preferred securities, government and municipal obligations, mortgage-backed securities, repurchase agreements, and other fixed-income instruments of a similar nature that may be represented by derivatives such as options, forwards, futures contracts or swap agreements. The Adviser will seek to achieve the Fund’s investment objectives primarily by allocating the Fund’s assets among different types of credit instruments based on absolute and relative value considerations and its analysis of the credit markets. The Fund expects its investments to initially consist primarily of senior, secured loans and high yield corporate bonds. The Fund expects to invest in Senior Loans, Corporate Bonds and other credit instruments that are rated below investment grade. The Adviser’s investment process is rigorous, proactive and continuous. The Advisor will actively construct and manage a portfolio of credit instruments and other investments utilizing the strategies discussed in-depth in the Prospectus. Click on Link to the Prospectus provided for full details. FUND MANAGEMENT: Apollo Credit Management, LLC serves as the Fund’s investment adviser.