Market Overview

Apollo Tactical Income Fund Inc. Declares December 2017 Monthly Distribution of $0.100 Per Share


(NYSE:AIF) - Apollo Tactical Income Fund Inc. (the "Fund") today
announced the declaration of its distribution for the month of December
2017 of $0.100 per common share, payable on the date noted below.

The following dates apply to the declared distribution:

Record Date: December 22, 2017
Payment Date: December 29, 2017
Share Amount: $0.100

Forward-Looking Statements

This press release may contain statements that are forward looking, as
that term is defined by the Private Securities Litigation Reform Act of
1995 or by the Securities and Exchange Commission in its rules,
regulations and releases. These statements include, but are not limited
to, discussions related to the Fund's expectations regarding the
performance of its business, its liquidity and capital resources and the
other non-historical statements in the discussion and analysis. These
forward-looking statements are based on management's beliefs, as well as
assumptions made by, and information currently available to, management.
When used in this release, the words "believe," "anticipate,"
"estimate," "expect," "intend" and similar expressions are intended to
identify forward-looking statements. Although management believes that
the expectations reflected in these forward-looking statements are
reasonable, it can give no assurance that these expectations will prove
to have been correct. These statements are subject to certain risks,
uncertainties and assumptions, including risks relating to our
dependence on certain key personnel, our ability to raise new Private
Equity or Capital Markets funds, market conditions, generally, our
ability to manage our rapid growth, fund performance, changes in our
regulatory environment and tax status, the variability of our revenue,
net income and cash flow, our use of leverage to finance our businesses
and investments by our funds and litigation risks, among others.

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