Apollo Investment (AINV) Investor Presentation - Slideshow

Apollo Investment Corporation (AINV) Overview - AINV, a publicly traded BDC, has invested $23 billion in 585 portfolio companies since its IPO in 2004[9] - As of March 31, 2022, AINV's investment portfolio totaled $252 billion across 139 companies[9] - AINV's base distribution yield at market price is 101%, and the base plus supplemental distribution yield is 117%[10] - AINV's market capitalization is $778 million as of June 7, 2022[10] Apollo Global Management (AGM) Affiliation - AINV is externally managed by an affiliate of AGM, a global alternative asset manager with approximately $513 billion of AUM as of March 31, 2022[9] - AGM's credit business has over $370 billion in AUM and 323 investment professionals[13] - MidCap Financial, managed by an Apollo subsidiary, originated over $21 billion in annual originations through March 31, 2022[17] Investment Strategy and Portfolio Composition - Corporate lending constitutes $21 billion, or 828%, of AINV's total portfolio as of March 31, 2022, with a weighted average yield of 77%[32] - First lien investments represent 94% of the corporate lending portfolio, with 99% being floating rate and 87% sponsored[32] - Merx Aviation, AINV's aviation portfolio, accounts for $298 million, or 118%, of the total portfolio[33] - As of March 31, 2022, 13% of total investments at amortized cost, or 06% at fair value, were on non-accrual status[39]