PRIF-PK NYSE
Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: none of note held by US funds details ▾
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
West Palm Beach, FL 33401
US
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.