Joseph Glatt - Apollo Senior Chief Legal Officer, Secretary

AFTDelisted Fund  USD 14.86  0.05  0.34%   
Joseph Glatt is Fund Manager at Apollo Senior Floating
Mr. Joseph D. Glatt is Chief Legal Officer, Secretary of Apollo Senior Floating Rate Fund Inc. He serves Secretary and Vice President, Apollo Investment Corporation since 2010 and 2009, respectively General Counsel, Apollo Capital Management, L.P. since 2007.
Age 46
Tenure 13 years
Phone212-515-3200
Webhttps://www.agmfunds.com/InvestmentInformation/SeniorFloatingRateFund.aspx

Apollo Senior Management Performance (%)

The company has Return on Asset of 2.25 % which means that on every $100 spent on assets, it made $2.25 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (8.57) %, meaning that it generated no profit with money invested by stockholders. Apollo Senior's management efficiency ratios could be used to measure how well Apollo Senior manages its routine affairs as well as how well it operates its assets and liabilities.
Apollo Senior Floating has 129.97 M in debt with debt to equity (D/E) ratio of 0.58, which is OK given its current industry classification. Apollo Senior Floating has a current ratio of 1.18, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Apollo Senior until it has trouble settling it off, either with new capital or with free cash flow. So, Apollo Senior's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Apollo Senior Floating sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Apollo to invest in growth at high rates of return. When we think about Apollo Senior's use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Valerie MosleyEaton Vance Floating
61
Robert HubbardBlackRock Floating Rate
63
CFA HinckleyEaton Vance Floating
N/A
Cynthia EganBlackrock Muni Intermediate
66
Niel NielsonFirst Trust Senior
66
Gary SchperoBlackstone Gso Long
67
Steven BullerMFS Investment Grade
69
Michael HollandBlackstone Gso Long
76
Michael HollandBlackstone Gso Strategic
76
Gary SchperoBlackstone Gso Senior
67
Maureen GoldfarbMFS Investment Grade
65
Gary SchperoBlackstone Gso Strategic
67
Robert ManningMFS Investment Grade
56
Richard WeitzelMFS Investment Grade
54
Robert KeithFirst Trust Senior
64
Jonathan SharkeyPioneer Floating Rate
N/A
Thomas JasperBlackstone Gso Senior
72
Jane LeeBlackstone Gso Senior
47
Jay FifeBlackrock Muni Intermediate
51
Henry GabbayBlackrock Muni Intermediate
72
Thomas FaustEaton Vance Senior
63
Apollo Senior Floating Rate Fund Inc. is a closed ended fixed income mutual fund launched and managed by Apollo Credit Management, LLC. Apollo Senior Floating Rate Fund Inc. was formed on February 23, 2011 and is domiciled in United States. Apollo Senior is traded on New York Stock Exchange in the United States. The fund is not filed under any group at the present time.

Management Performance

Apollo Senior Floating Leadership Team

Elected by the shareholders, the Apollo Senior's board of directors comprises two types of representatives: Apollo Senior inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Apollo. The board's role is to monitor Apollo Senior's management team and ensure that shareholders' interests are well served. Apollo Senior's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Apollo Senior's outside directors are responsible for providing unbiased perspectives on the board's policies.
Elliot Stein, Independent Director
Frank Marra, Chief Financial Officer, Treasurer
Glenn Marchak, Independent Director
Barry Cohen, Chairman of the Board
Todd Slotkin, Lead Independent Director
Carl Rickertsen, Independent Director
Isabelle Gold, Chief Compliance Officer
Robert Borden, Independent Director
Joseph Glatt, Chief Legal Officer, Secretary
Cindy Michel, Chief Compliance Officer
Joseph Moroney, President Chief Investment Officer

Apollo Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Apollo Senior a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Other Consideration for investing in Apollo Fund

If you are still planning to invest in Apollo Senior Floating check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Apollo Senior's history and understand the potential risks before investing.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments