Apollo Investment (AINV) Investor Presentation - Slideshow

Company Overview - Apollo Investment Corporation (AINV) has invested $214 billion since its IPO in 2004 through June 30, 2020[9] - As of June 30, 2020, AINV's investment portfolio totaled $267 billion across 149 companies[9] - Apollo Global Management's AUM is approximately $414 billion[9, 11] - AINV's distribution yield at market price is 140% based on the base distribution and 163% based on the base plus supplemental distribution[10] Portfolio Composition & Strategy - As of June 30, 2020, core assets represented 91% of AINV's investment portfolio, while non-core and legacy assets accounted for 9%[26] - First lien debt exposure was 85% of the corporate lending portfolio as of June 30, 2020[26] - Floating rate debt exposure was 100% of the corporate lending portfolio as of June 30, 2020[26] - Investments made pursuant to the co-investment order represented 77% of the corporate lending portfolio as of June 30, 2020[26] Credit Quality - As of June 30, 2020, investments on non-accrual status were 61% of total investments at amortized cost and 17% at fair value[44, 45]