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Trending ETFs

Name

As of 10/13/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$21.54

$656 M

9.12%

$1.96

3.84%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$656 M

Holdings in Top 10

25.5%

52 WEEK LOW AND HIGH

$21.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 3.84%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 10/13/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$21.54

$656 M

9.12%

$1.96

3.84%

CGCCX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 6.25%
DIVIDENDS
  • Dividend Yield 9.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Apollo Diversified Credit Fund
  • Fund Family Name
    Apollo Funds
  • Inception Date
    Apr 04, 2017
  • Shares Outstanding
    3337324
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Earl Hunt

Fund Description


CGCCX - Performance

Return Ranking - Trailing

Period CGCCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -11.2% 7.6% 7.67%
1 Yr N/A -8.6% 20.6% 9.51%
3 Yr N/A* -17.2% 18.0% 10.82%
5 Yr N/A* -13.3% 14.8% 31.09%
10 Yr N/A* -13.6% 6.5% N/A

* Annualized

Return Ranking - Calendar

Period CGCCX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -12.0% 15.7% 16.21%
2022 N/A -31.8% 18.4% 69.59%
2021 N/A -26.6% 25.7% 6.81%
2020 N/A -49.2% 18.7% 85.04%
2019 N/A -35.1% 15.3% 65.40%

Total Return Ranking - Trailing

Period CGCCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -11.2% 7.6% 7.67%
1 Yr N/A -8.6% 20.6% 9.51%
3 Yr N/A* -17.2% 18.0% 10.82%
5 Yr N/A* -13.3% 14.8% 31.09%
10 Yr N/A* -13.6% 6.5% N/A

* Annualized

Total Return Ranking - Calendar

Period CGCCX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -7.0% 22.2% 3.21%
2022 N/A -31.8% 21.1% 39.50%
2021 N/A -13.5% 49.9% 3.57%
2020 N/A -28.6% 24.1% 72.18%
2019 N/A -4.8% 19.1% 92.78%

NAV & Total Return History


CGCCX - Holdings

Concentration Analysis

CGCCX Category Low Category High CGCCX % Rank
Net Assets 656 M 2.53 M 143 B 49.92%
Number of Holdings 220 4 9868 68.80%
Net Assets in Top 10 168 M -1.57 B 65.8 B 47.79%
Weighting of Top 10 25.54% 0.7% 170.6% 56.19%

Top 10 Holdings

  1. Goldman Sachs Financial Square Government Fund 4.68%
  2. Howden, First Lien Term Loan 3.51%
  3. Avalara, First Lien Term Loan 2.72%
  4. GBT Group Services, First Lien Term Loan 2.29%
  5. Zendesk Term Loan, First Lien Term Loan 2.24%
  6. CommScope, Inc., First Lien Term Loan 2.22%
  7. Advarra Holdings, Inc., First Lien Term Loan 2.07%
  8. WOLFSPEED 9.875% 06/23/30 STEP 2.05%
  9. R.R. Donnelley Sons Company 1L, First Lien B Term Loan 1.98%
  10. Swissport, First Lien Term Loan 1.77%

Asset Allocation

Weighting Return Low Return High CGCCX % Rank
Bonds
130.54% -150.81% 203.29% 5.78%
Cash
4.68% -94.66% 258.91% 44.29%
Stocks
0.32% -1.60% 99.88% 50.38%
Preferred Stocks
0.00% 0.00% 30.46% 52.66%
Convertible Bonds
0.00% 0.00% 33.50% N/A
Other
-16.68% -62.91% 100.00% 98.17%

Stock Sector Breakdown

Weighting Return Low Return High CGCCX % Rank
Utilities
0.00% 0.00% 100.00% N/A
Technology
0.00% 0.00% 28.30% N/A
Real Estate
0.00% 0.00% 100.00% N/A
Industrials
0.00% 0.00% 100.00% N/A
Healthcare
0.00% 0.00% 18.60% N/A
Financial Services
0.00% 0.00% 100.00% N/A
Energy
0.00% 0.00% 100.00% N/A
Communication Services
0.00% 0.00% 100.00% N/A
Consumer Defense
0.00% 0.00% 99.97% N/A
Consumer Cyclical
0.00% 0.00% 89.95% N/A
Basic Materials
0.00% 0.00% 100.00% N/A

Stock Geographic Breakdown

Weighting Return Low Return High CGCCX % Rank
US
0.32% -1.47% 99.88% 47.64%
Non US
0.00% -0.13% 17.73% 30.59%

Bond Sector Breakdown

Weighting Return Low Return High CGCCX % Rank
Cash & Equivalents
4.68% 0.00% 88.14% 37.10%
Securitized
0.00% 0.00% 99.65% N/A
Corporate
0.00% 0.00% 96.66% N/A
Municipal
0.00% 0.00% 54.26% N/A
Government
0.00% 0.00% 99.43% N/A
Derivative
-16.76% -62.91% 37.37% 98.78%

Bond Geographic Breakdown

Weighting Return Low Return High CGCCX % Rank
US
111.75% -151.11% 203.29% 7.91%
Non US
18.79% 0.00% 67.77% 19.48%

CGCCX - Expenses

Operational Fees

CGCCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.84% 0.01% 20.67% 2.58%
Management Fee 1.85% 0.00% 2.29% 96.68%
12b-1 Fee 0.75% 0.00% 1.00% 72.60%
Administrative Fee N/A 0.00% 0.70% N/A

Sales Fees

CGCCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 14.12%

Trading Fees

CGCCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CGCCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 632.00% 45.30%

CGCCX - Distributions

Dividend Yield Analysis

CGCCX Category Low Category High CGCCX % Rank
Dividend Yield 9.12% 0.00% 23.30% 16.29%

Dividend Distribution Analysis

CGCCX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

CGCCX Category Low Category High CGCCX % Rank
Net Income Ratio 6.25% -1.55% 11.51% 6.49%

Capital Gain Distribution Analysis

CGCCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

CGCCX - Fund Manager Analysis

Managers

Earl Hunt


Start Date

Tenure

Tenure Rank

May 01, 2022

0.08

0.1%

Earl Hunt — Partner, Credit. Mr. Hunt has been with Apollo Global Management, Inc. and/or its affiliates since 2021. Prior to joining Apollo, Mr. Hunt was a Partner in the Global Markets division at Goldman Sachs. He also served as a member of Goldman Sachs’s Partnership Committee, Global Markets Operating Committee, and was co-chair of the Global Markets Inclusion and Diversity Committee. Previously, Mr. Hunt was co-head of U.S. Distressed and Par Loan sales in the Leveraged Finance Sales Group at Goldman Sachs. Prior to joining Goldman Sachs in 2015, Mr. Hunt worked at Citi for 11 years, where he was a director in Leveraged Finance sales. Mr. Hunt is a member of the Board of Trustees of Brown University. Mr. Hunt earned a BA in Economics from Brown University.

Chris Lahoud


Start Date

Tenure

Tenure Rank

May 01, 2022

0.08

0.1%

Chris Lahoud — Partner, Credit. Mr. Lahoud is a Partner within Opportunistic Credit, focusing on liquid stressed/distressed credit and work-out situations. Before joining Apollo in 2018, Mr. Lahoud was a Managing Director at Deutsche Bank from July 2011 to July 2018, during which time he ran the Distressed Product Group, responsible for distressed trading, research and sourcing. Prior to that, Mr. Lahoud was an Associate at Citigroup from July 2006 to June 2011. Mr. Lahoud graduated from the University of Richmond with a degree in Accounting, Economics and Finance.

James Vanek


Start Date

Tenure

Tenure Rank

May 01, 2022

0.08

0.1%

Mr. Vanek is a Partner and the Co-Head of Apollo’s Global Performing Credit business and serves as a Portfolio Manager of the registrant. Prior to joining Apollo in 2008, Mr. Vanek was an Associate Director, Loan Sales & Trading in the Leveraged Finance group at Bear Stearns. He is a board member of the Loan Syndications and Trading Association, a leading advocate for the U.S. syndicated loan market. Mr. Vanek graduated from Duke University with a BS in Economics and a BA in Computer Science, and received his MBA from Columbia Business School.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.72 3.19