 NEW YORK, Nov. 19, 2020 GLOBE NEWSWIRE -- NYSE: AFT - Apollo Senior Floating Rate Fund Inc. and NYSE: AIF - Apollo Tactical Income Fund Inc. the Funds announced today that the Board of each Fund has elected that each Fund be subject to the Maryland Control Share Acquisition Act the MCSAA, effective immediately. Each Board believes that electing to be subject to the MCSAA protects the interests of the Funds and their stockholders. The objective of the MCSAA is to protect the interests of all stockholders of a Maryland corporation. Maryland lawmakers instituted the MCSAA to limit the ability of any single stockholder to exert undue influence in pursuit of short-term gains at the expense of long-term value for fund stockholders and a funds ability to achieve its investment objective. 