Priority Income Fund, Inc. (PRIF-PF) NYSE

Currency In USD

AD

Priority Income Fund, Inc.

Address

10 East 40th Street

New York City, NY 10016

United States of America (the)

Phone

(212) 448-0702

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

February 24, 2020

Key Executives

NameTitlePayYear Born
Michael Grier EliasekChairman, President & Chief Executive Officer01974
Michael David CohenExecutive Vice President01975
Rob WatsonInvestor Relation0N/A
Kristin Lea Van DaskChief Financial Officer, Chief Compliance Officer, Treasurer & Secretary01980
AD

Description

Priority Income Fund, Inc. functions as a closed-end fixed income mutual fund, a venture initiated by Prospect Capital Management LLC and Behringer Harvard Holdings, LLC. The management responsibilities for the fund are handled by Priority Senior Secured Income Management, LLC. Its investment approach focuses on Senior Secured Loans, with a primary objective of generating current income, and it also allocates capital to securitized pools of these loans, known as Collateralized Loan Obligations (CLOs). A key characteristic is its investment in companies whose debt is rated below investment grade. Previously, the fund operated under the name Priority Senior Secured Income Fund, Inc. It is legally registered in the United States.

AD