- What does PRIF-PK invest in?
- Priority Income Fund, Inc. functions as a closed-end mutual fund focused on fixed income investments. Its creation was a collaborative effort between Prospect Capital Management LLC and Behringer Harvard Holdings, LLC, and it is currently managed by Priority Senior Secured Income Management, LLC. The fund's primary investment strategy involves allocating capital to Senior Secured Loans, with a specific emphasis on generating consistent current income, as well as investing in Collateralized Loan Obligations (CLOs), which are structured pools of these types of loans. A key aspect of its portfolio is the financing of companies whose debt ratings fall below investment grade. Previously, the fund was identified as Priority Senior Secured Income Fund, Inc., and its legal domicile is within the United States.
- What is the expense ratio of PRIF-PK?
- An expense ratio for Priority Income Fund, Inc. (PRIF-PK) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is PRIF-PK's dividend yield?
- PRIF-PK's trailing-twelve-month yield is 8.81%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PRIF-PK?
- Effective duration measures PRIF-PK's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PRIF-PK's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PRIF-PK?
- PRIF-PK's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of PRIF-PK?
- Yield to maturity (YTM) is the total return you'd earn from PRIF-PK if every bond in the portfolio is held to maturity at the current price. PRIF-PK's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
