Frank Marra - Apollo Senior Chief Financial Officer, Treasurer
| AFT Fund | USD 14.33 0.08 0.56% |
Frank Marra is Chief Financial Officer, Treasurer of Apollo Senior Floating Rate Fund Inc. He serves as Senior Controller and Vice President, Apollo Capital Management, L.P. since 2009.
| Age | 40 |
| Tenure | 10 years |
| Phone | 212-515-3200 |
| Web | https://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.Similar Money Managers
| Found 10 records | One Year Return | ||
| Neal Andrews | BlackRock Floating Rate | 54 | |
| Trent Walker | BlackRock Floating Rate | 47 | |
| Trent Walker | Blackrock Muni Intermediate | 47 | |
| Donald Swade | First Trust High | 48 | |
| Donald Swade | First Trust Senior | 48 | |
| James Dykas | First Trust Senior | 54 | |
| Donald Swade | First TrustAberdeen Global | 48 | |
| Neal Andrews | Blackrock Muni Intermediate | 54 | |
| James Dykas | First Trust High | 54 | |
| James Dykas | First TrustAberdeen Global | 54 | |
Management Performance
| Return On Equity | -8.57 | ||||
| Return On Asset | 2.25 |
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.
| Return On Equity | -8.57 | ||||
| Return On Asset | 2.25 | ||||
| Profit Margin | (100.23) % | ||||
| Operating Margin | 72.49 % | ||||
| Current Valuation | 319.7 M | ||||
| Shares Outstanding | 15.57 M | ||||
| Shares Owned By Institutions | 50.16 % | ||||
| Number Of Shares Shorted | 13.75 K | ||||
| Price To Earning | 54.59 X | ||||
| Price To Book | 0.78 X |
Pair Trading with Apollo Senior
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Apollo Senior position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Apollo Senior will appreciate offsetting losses from the drop in the long position's value.Moving together with Apollo Fund
| 0.88 | FEN | First Trust Energy | PairCorr |
Moving against Apollo Fund
| 0.79 | AWRRF | Aw Revenue Royalties Earnings Call This Week | PairCorr |
| 0.78 | HGLB | Highland Global Allo | PairCorr |
The ability to find closely correlated positions to Apollo Senior could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apollo Senior when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Apollo Senior - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Apollo Senior Floating to buy it.
The correlation of Apollo Senior is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Apollo Senior moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apollo Senior Floating moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Apollo Senior can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Senior Floating. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Apollo Senior Floating information on this page should be used as a complementary analysis to other Apollo Senior's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.