Apollo Origination II (L) Capital Trust

CIK 0002052152Apollo

Apollo Origination II Capital Trust is a publicly traded business development company advised by Apollo. With $1.5 billion in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 100% in first-lien senior secured loans and 95% floating-rate, at a weighted-average spread of 550 bps over the base rate. Its largest sector exposure is Health Care (12% of holdings).

NAV/Share

$25.60

AUM

$1.5B

Positions

143

Strategy

Private Credit

Wtd. Avg. Maturity

5.2 yrs

100% coverage

Top 10 Concentration

28.7%

Instrument type

Share of portfolio fair value

First Lien

100%

of fair value

First Lien Senior Loans99.5%

Equity0.3%

Industry exposure

Share of holdings fair value

Top 5

85%

of holdings

Health Care11.9%

Industrials7.4%

Financials6.8%

Other6.0%

Energy5.6%

Information Technology5.3%

Communication Services3.0%

Materials1.0%

Unknown52.9%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

11.0%