Quantisnow Logo
Dashboard

SEC Form SC 13G/A filed by Apollo Tactical Income Fund Inc. (Amendment)

$AIF
Finance Companies
Finance
Get the next $AIF alert in real time by email
SC 13G/A 1 ApolloTacticalAIF.TXT MS AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.6)* Apollo Tactical Income Fund Inc. ----------------------------------------------------- (Name of Issuer) Common Stock ----------------------------------------------------- (Title of Class of Securities) 037638103 ----------------------------------------------------- (CUSIP Number) November 30, 2023 ----------------------------------------------------- (Date Of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1745 (3-06) CUSIP No.037638103 13G Page 2 of 8 Pages -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: Morgan Stanley I.R.S. # 36-3145972 -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3. SEC USE ONLY: -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware. -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER: SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6. SHARED VOTING POWER: EACH 83,788 REPORTING -------------------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER: WITH: 0 -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER: 804,387 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 804,387 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 5.6% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON: HC, CO -------------------------------------------------------------------------------- CUSIP No.037638103 13G Page 3 of 8 Pages -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: Parametric Portfolio Associates LLC I.R.S. # 20-0292745 -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3. SEC USE ONLY: -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware. -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER: SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6. SHARED VOTING POWER: EACH 83,788 REPORTING -------------------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER: WITH: 0 -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER: 804,387 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 804,387 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 5.6% -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON: IA -------------------------------------------------------------------------------- CUSIP No.037638103 13G Page 4 of 8 Pages -------------------------------------------------------------------------------- Item 1. (a) Name of Issuer: Apollo Tactical Income Fund Inc. -------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices: 9 WEST 57TH STREET NEW YORK NY 10019 UNITED STATES OF AMERICA -------------------------------------------------------------- Item 2. (a) Name of Person Filing: (1) Morgan Stanley (2) Parametric Portfolio Associates LLC -------------------------------------------------------------- (b) Address of Principal Business Office, or if None, Residence: (1) 1585 Broadway New York, NY 10036 (2) 800 Fifth Avenue, Suite 2800, Seattle, WA 98104 -------------------------------------------------------------- (c) Citizenship: (1) Delaware. (2) Delaware. -------------------------------------------------------------- (d) Title of Class of Securities: Common Stock -------------------------------------------------------------- (e) CUSIP Number: 037638103 -------------------------------------------------------------- Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [x] An investment adviser in accordance with Sections 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [x] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] A non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J); (k) [ ] Group, in accordance with sections 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with sections 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Not Applicable CUSIP No.037638103 13G Page 5 of 8 Pages -------------------------------------------------------------------------------- Item 4. Ownership as of November 30, 2023.* (a) Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s). (b) Percent of Class: See the response(s) to Item 11 on the attached cover page(s). (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s). (ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s). (iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s). (iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s). Item 5. Ownership of Five Percent or Less of a Class. Not Applicable Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company. See Exhibit 99.2 Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. (1) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release. CUSIP No.037638103 13G Page 6 of 8 Pages -------------------------------------------------------------------------------- Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: December 08, 2023 Signature: /s/ Christopher O'Hara -------------------------------------------------------------------- Name/Title: Christopher O'Hara/Authorized Signatory, Morgan Stanley -------------------------------------------------------------------- MORGAN STANLEY Date: December 08, 2023 Signature: /s/ Cindy Kim -------------------------------------------------------------------- Name/Title: Cindy Kim/Authorized Signatory, Parametric Portfolio Associates LLC -------------------------------------------------------------------- Parametric Portfolio Associates LLC EXHIBIT NO. EXHIBITS PAGE ----------- ---------- ---- 99.1 Joint Filing Agreement 7 99.2 Item 7 Information 8 * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). CUSIP No.037638103 13G Page 7 of 8 Pages -------------------------------------------------------------------------------- EXHIBIT NO. 99.1 TO SCHEDULE 13G JOINT FILING AGREEMENT --------------------------------------------------- December 08, 2023 --------------------------------------------------- MORGAN STANLEY and Parametric Portfolio Associates LLC hereby agree that, unless differentiated, this Schedule 13G is filed on behalf of each of the parties. MORGAN STANLEY BY: /s/ Christopher O'Hara --------------------------------------------------------------------- Christopher O'Hara/Authorized Signatory, Morgan Stanley Parametric Portfolio Associates LLC BY: /s/ Cindy Kim --------------------------------------------------------------------- Cindy Kim/Authorized Signatory, Parametric Portfolio Associates LLC * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). CUSIP No.037638103 13G Page 8 of 8 Pages -------------------------------------------------------------------------------- EXHIBIT NO. 99.2 ------------------ ITEM 7 INFORMATION The securities being reported on by Morgan Stanley as a parent holding company are owned, or may be deemed to be beneficially owned, by Parametric Portfolio Associates LLC, a wholly-owned subsidiary of Morgan Stanley.
Get the next $AIF alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$AIF

DatePrice TargetRatingAnalyst
11/12/2021$70.00 → $74.00Buy
Canaccord Genuity
9/14/2021$58.00 → $63.00Neutral
CIBC
8/13/2021$63.00 → $73.00Outperform
BMO Capital
More analyst ratings

$AIF
 Press Releases

Fastest customizable press release news feed in the world

See more

  • MidCap Financial Investment Corporation Completes Mergers with Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.

    NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC) today announced that it has completed its previously announced mergers with Apollo Senior Floating Rate Fund Inc. (NYSE:AFT) and Apollo Tactical Income Fund Inc. (NYSE:AIF) (AFT and AIF, together, the "CEFs"). The combined company will operate as MidCap Financial Investment Corporation and will continue to trade on the Nasdaq Global Select Market under the ticker symbol "MFIC." In connection with the closing of the mergers, former AFT stockholders will receive 0.9547 shares of MFIC common stock for each share of AFT common stock they held prior to the closing based on the final exchange ratio

    $AFT
    $AIF
    $MFIC
    Investment Managers
    Finance
    Finance Companies
    Finance/Investors Services

  • MidCap Financial Investment Corporation, Apollo Senior Floating Rate Fund Inc., and Apollo Tactical Income Fund Inc. Announce Expected Closing Date for Mergers

    NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC), Apollo Senior Floating Rate Fund Inc. (NYSE:AFT), and Apollo Tactical Income Fund Inc. (NYSE:AIF) (AFT and AIF, together, the "CEFs") today announced that the previously announced mergers of the CEFs with and into MFIC are currently expected to close, subject to the satisfaction of customary closing conditions, prior to the opening of the Nasdaq Global Select Market on Monday, July 22, 2024.  In addition, as previously announced, an affiliate of Apollo Global Management Inc. will make a special cash payment of $0.25 per share to each AFT and AIF stockholder in connection with (and subj

    $AFT
    $AIF
    $MFIC
    Investment Managers
    Finance
    Finance Companies
    Finance/Investors Services

  • Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Announce Stockholder Approval of Mergers with MidCap Financial Investment Corporation

    NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Apollo Senior Floating Rate Fund Inc. (NYSE:AFT) and Apollo Tactical Income Fund Inc. (NYSE:AIF) (AFT and AIF, together, the "CEFs") today announced that both CEFs received stockholder approval of the necessary proposals related to their previously announced mergers with and into MidCap Financial Investment Corporation (NASDAQ:MFIC) at the AFT and AIF special meetings of stockholders reconvened on June 21, 2024. Approximately 88% of AFT's common shares represented at its special meeting (excluding votes abstained or withheld), or approximately 53% of AFT's common shares outstanding, voted in favor of the proposal, satisfying AFT's stockholder app

    $AFT
    $AIF
    $MFIC
    Investment Managers
    Finance
    Finance Companies
    Finance/Investors Services

$AIF
 Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$AIF
 Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$AIF
 SEC Filings

See more

$AIF
 Financials

Live finance-specific insights

See more

  • MidCap Financial Investment Corporation, Apollo Senior Floating Rate Fund Inc., and Apollo Tactical Income Fund Inc. Announce Expected Closing Date for Mergers

    NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ:MFIC), Apollo Senior Floating Rate Fund Inc. (NYSE:AFT), and Apollo Tactical Income Fund Inc. (NYSE:AIF) (AFT and AIF, together, the "CEFs") today announced that the previously announced mergers of the CEFs with and into MFIC are currently expected to close, subject to the satisfaction of customary closing conditions, prior to the opening of the Nasdaq Global Select Market on Monday, July 22, 2024.  In addition, as previously announced, an affiliate of Apollo Global Management Inc. will make a special cash payment of $0.25 per share to each AFT and AIF stockholder in connection with (and subj

    $AFT
    $AIF
    $MFIC
    Investment Managers
    Finance
    Finance Companies
    Finance/Investors Services

  • MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended March 31, 2024

    Results for the Quarter Ended March 31, 2024 and Other Recent Highlights: Net investment income per share for the quarter was $0.44, compared to $0.46 for the quarter ended December 31, 2023 Net asset value per share as of the end of the quarter was $15.42, compared to $15.41 as of December 31, 2023 New investment commitments made during the quarter totaled $149 million(1) Gross fundings, excluding revolver fundings(2), totaled $129 million for the quarter Net fundings, including revolvers(2), totaled $16 million for the quarter

    $AFT
    $AIF
    $MFIC
    Investment Managers
    Finance
    Finance Companies
    Finance/Investors Services

  • MidCap Financial Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended December 31, 2023

    Results for the Quarter and Fiscal Year Ended December 31, 2023 and Other Recent Highlights: Net investment income per share for the quarter was $0.46, compared to $0.43 for the quarter ended September 30, 2023 Net asset value per share as of the end of the quarter was $15.41, compared to $15.28 as of September 30, 2023, an increase of 0.9% due to net investment income in excess of the dividend and a net gain on the portfolioNew investment commitments made during the quarter totaled $175 million(1)Gross fundings, excluding revolver fundings(2), totaled $114 million for the quarterNet repayments, including revolvers(2), totaled $47 million for the quarterNet leverage(3) was 1.34x as

    $AFT
    $AIF
    $MFIC
    Investment Managers
    Finance
    Finance Companies
    Finance/Investors Services

$AIF
 Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more