Q4 & FY 2025 Financial Results Apollo Commercial Real Estate Finance, Inc. February 10, 2026 Unless otherwise noted, information as of It should not be assumed that investments made in the future will be profitable or will equal the performance of the investments shown in this document. December 31, 2025 Forward Looking Statements and Other Disclosures This presentation may contain forward-looking statements that are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21 ...

Group 1 - The Global X SuperIncome Preferred ETF (SPFF) has experienced a price decline of 12% since the initial "Sell" rating in 2022 and nearly 5% since the latest rating in November 2024, despite distributions keeping total return positive [1] - The ETF, launched on July 16, 2012, tracks the Global X U.S. High Yield Preferred Index, consisting of 49 holdings with a 30-day SEC yield of 6.42% and an expense ratio of 0.48% [2] - SPFF invests in preferred stocks, which have priority over common stocks for dividends and liquidation proceeds but are junior to debt and lack voting rights, exhibiting a price behavior between stocks and bonds [2] Group 2 - The portfolio turnover rate was 63% in the most recent fiscal year and 110% in the previous year, indicating a relatively high level of trading activity [3] - The fund is highly concentrated, with the top 10 issuers accounting for 64.1% of asset value, and the six largest issuers weighing between 6% and 10% [4] - The top 10 issuers include Bank of America Corp. (9.77%), Athene Holding Ltd. (7.71%), and Morgan Stanley (7.24%), among others [5]

Group 1 - The Global X SuperIncome Preferred ETF (SPFF) has experienced a price decline of 12% since the initial "Sell" rating in 2022 and nearly 5% since the latest rating in November 2024, despite distributions keeping total return positive [1] - The ETF was launched on July 16, 2012, and tracks the Global X U.S. High Yield Preferred Index, consisting of 49 holdings with a 30-day SEC yield of 6.42% and an expense ratio of 0.48% [2] - SPFF invests in preferred stocks, which have priority over common stocks in dividend payments but are junior to debt and lack voting rights, exhibiting a price behavior between stocks and bonds [2] Group 2 - The portfolio turnover rate was 63% in the most recent fiscal year and 110% in the previous year, indicating a relatively high level of trading activity [3] - The fund is concentrated, with the top 10 issuers representing 64.1% of asset value, and the six largest issuers weighing between 6% and 10% [4] Group 3 - The top 10 issuers in the SPFF portfolio include Bank of America Corp. (9.77%), Athene Holding Ltd. (7.71%), and Morgan Stanley (7.24%), among others [5]

Athene Holding Ltd., a life and retirement reinsurance company majority owned by investor and private equity specialist Apollo Global Management Inc., has appointed Scott Campion as Head of New Markets.In his new role, Campion will focus on expanding Athene’s capabilities into new and adjacent areas.In a recent LinkedIn post, Campion said, “The unmet customer need for guarantees and income is large and growing, and won’t be addressed with current products and channels alone. As part of this role I’ll be lea ...

Apollo Commercial Real Estate Finance ("ARI") Strategic Loan Portfolio Sale Transaction January 28, 2026 Unless otherwise noted, information as of January 2026. Disclaimer Disclaimer No representation or warranty, express or implied, is or will be made by Apollo Commercial Real Estate Finance, Inc. ("ARI" or the "Company"), Apollo Global Management, Inc. (together with its subsidiaries, "Apollo") or any of their respective directors, officers, employees or advisers or any other person as to the accuracy or ...

NEW YORK, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (“ARI” or the “Company”) (NYSE:ARI) today announced the Company has entered into a definitive agreement with Athene Holding Ltd. (“Athene”) to sell the Company’s entire approximately $9 billion commercial real estate loan portfolio for a purchase price based on 99.7% of total loan commitments, net of asset specific CECL reserves, and with the exception of two loans with a combined total principal balance of $146 million ...

Core Insights - Apollo Global Management, Inc. (APO) and its subsidiary Athene Holding Ltd. reported preliminary estimates of alternative net investment income for Q4 2025, which is a key metric for assessing the performance of the Retirement Services segment [1][7] Group 1: Preliminary Net Investment Income - The estimated alternative net investment income for Q4 2025 is approximately $325 million (pre-tax), indicating a 10% annualized return on alternative net investments [2][7] - Athene's pooled investment vehicle, which holds the majority of alternative assets, is projected to deliver a 10% annualized return for Q4 2025, while other alternative investments are expected to yield nearly 7% [3][7] Group 2: Growth Expectations - The alternative investment income for Q4 2025 is expected to surpass the $269 million reported in Q4 2024, with steady growth anticipated due to global economic expansion, technological advancements, and rising demand for capital raising [4][7] Group 3: Stock Performance - APO's shares have increased by 20% over the past three months, significantly outperforming the industry average growth of 3.5% [5][7]

Core Insights - Apollo will host a Retirement Services Business Update on November 24, 2025, focusing on Athene Holding Ltd [1] - The event will feature presentations from Apollo and Athene senior management, followed by a Q&A session [1] - A live webcast of the event will be available on Apollo's Investor Relations website, with a replay accessible afterward [2] Company Overview - Apollo is a high-growth global alternative asset manager with approximately $908 billion in assets under management as of September 30, 2025 [3] - The company aims to provide clients with excess returns across various risk-reward spectrums, including investment grade credit and private equity [3] - Through Athene, Apollo specializes in retirement savings products and solutions for financial security [3]

Group 1 - The article presents an investment opportunity in the baby bond (ATHS) issued by Athene Holding Ltd., a subsidiary of Apollo Global Management, Inc. [1] - The analysis is led by Denislav Iliev, who has over 15 years of day trading experience and manages a team of 40 analysts focused on identifying mispriced investments in fixed-income and closed-end funds [1] - The service "Trade With Beta" offers features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1]

Core Insights - Ethos has appointed William J. Wheeler to its Board of Directors, enhancing its governance and strategic guidance as the company continues to grow and innovate in the life insurance technology sector [1][4] Group 1: Leadership and Experience - Mr. Wheeler brings over 30 years of leadership experience in the financial services industry, having served as Vice Chairman and President of Athene Holding Ltd., and as President of the Americas for MetLife [2] - His extensive background includes roles as Chief Financial Officer at MetLife and directorships at Evercore Inc., Athora Holding Ltd., and Venerable Holdings Inc. [2] Group 2: Company Mission and Technology - Ethos aims to democratize access to life insurance, utilizing proprietary technology to streamline the application process, allowing customers to apply digitally with minimal health questions [4][5] - The company issues billions in coverage monthly, transforming the life insurance experience for consumers, agents, and carriers by eliminating traditional barriers such as medical exams [5]