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

Currency In USD

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Priority Income Fund, Inc.

Address

700 South Rosemary Avenue

West Palm Beach, FL 33401

United States of America (the)

Phone

(212) 448-0702

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

October 06, 2021

Key Executives

NameTitlePayYear Born
Michael Grier EliasekChairman, CEO, President & COO01974
Josh SofferManaging Director0N/A
Michael David CohenExecutive Vice President01975
Kristin Lea Van DaskChief Financial Officer, Chief Compliance Officer, Treasurer & Secretary01979
Rob WatsonInvestor Relation0N/A
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Description

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.

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