XNYS
PRIFpD
Jul 09, Last price
24.44USD
1D
0.12%
1Q
-1.05%
IPO
6.26%
Name
Priority Income Fund Inc
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Profile
Co-founded by Prospect Capital Management LLC and Behringer Harvard Holdings, LLC, Priority Income Fund, Inc. operates as a closed-end mutual fund specializing in fixed-income investments. This fund's operations are overseen by Priority Senior Secured Income Management, LLC. Its investment strategy prioritizes current income, primarily by allocating capital to Senior Secured Loans or to structured portfolios of such loans, known as Collateralized Loan Obligations (CLOs). The fund deliberately targets companies whose debt is rated below investment grade. Formerly named Priority Senior Secured Income Fund, Inc., the entity is legally domiciled in the United States.
Valuation
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