Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 228

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 228
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 25,861 Due after five years through ten years29,743 28,473 Due after ten years59,061 49,489 CLO, ABS, CMBS and RMBS82,595 82,572 Total AFS securities199,637 188,750 AFS securities – related partiesDue after one year through five years1,142 1,150 Due after five years through ten years823 832 Due after ten years224 210 CLO and ABS19,387 19,347 Total AFS securities – related parties21,576 21,539 Total AFS securities, including related parties$221,213 $210,289 Actual maturities can differ from contractual maturities as borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. 

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

Unrealized Losses on AFS SecuritiesThe following summarizes the fair value and gross unrealized losses for AFS securities, including related parties, for which an allowance for credit losses has not been recorded, aggregated by asset type and length of time the fair value has remained below amortized cost: June 30, 2025Less than 12 months12 months or moreTotal(In millions)Fair ValueGross Unrealized LossesFair ValueGross Unrealized LossesFair ValueGross Unrealized LossesAFS securitiesU.S. government and agencies$1,724 $(74)$3,206 $(1,087)$4,930 $(1,161)U.S. state, municipal and political subdivisions65 (3)768 (225)833 (228)Foreign governments146 (6)1,411 (554)1,557 (560)Corporate13,910 (568)41,302 (9,500)55,212 (10,068)CLO6,179 (20)1,697 (77)7,876 (97)ABS5,044 (157)3,475 (240)8,519 (397)CMBS4,277 (77)1,529 (261)5,806 (338)RMBS565 (9)1,129 (123)1,694 (132)Total A