Prime

Senior Loan & Income

Closed End Fund Index

The index is designed to benefit from a rising interest rate environment.  It seeks to achieve this by selecting senior loan and floating rate Closed-End Funds (“CEF’s”) that have a substantial allocation to floating rate senior loans or other floating rate instruments.  

FACT SHEET

Prime Senior Loan & Income CEF Index Factsheet

PDF

Prime Senior Loan & Income CEF Index Methodology Guide

PDF

INDEX KEY FACTS

Base Date: February 03, 2017
Total number of holdings: 18
Launch date: February 06, 2017
Reconstitution: Annually (January)
Index calculation agent: Solactive AG
Weighting scheme: Factor-weighted by Prime Score™

INDEX SYMBOLS

Version Bloomberg Reuters ISIN
Prime Senior Loan and Income CEF Index GTR PFCEF Index .PFCEF DE000SLA2258
Prime Senior Loan and Income CEF Index NTR N/A .PFCEFN DE000SLA2266
Prime Senior Loan and Income CEF Index PR N/A .PFCEFP DE000SLA2274

INDEX COMPOSITION

Component Name Ticker Weight Market Cap
HIGHLAND INCOME FUND HFRO 11.28% $8,082,701.34
INVESCO SENIOR INCOME TRUST VVR 9.60% $6,878,569.87
SABA CAPITAL INCOME & OPPORTUNITIES CEF BRW 9.51% $6,815,295.51
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 8.61% $6,171,075.30
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 6.03% $4,322,379.64
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 5.94% $4,255,863.69
BLACKROCK DEBT STRATEGIES FUND INC DSU 5.92% $4,239,123.14
NUVEEN SENIOR INCOME FUND NSL 5.86% $4,199,390.24
NUVEEN FLOATING RATE INCOME FUND JFR 5.64% $4,039,235.49
BLACKSTONE STRATEGIC CREDIT FUND BGB 5.50% $3,942,714.77
EATON VANCE SENIOR FLOATING RATE FUND EFR 5.04% $3,612,311.34
BLACKSTONE LONG-SHORT CREDIT INCOME FUND BGX 4.74% $3,395,536.55
BLACKROCK FLOATING RATE INCOME STRAT FRA 4.23% $3,031,843.03
EATON VANCE FLOATING-RATE INCOME TRUST EFT 3.71% $2,661,225.51
BLACKSTONE SENIOR FLOATING RATE TERM FUND BSL 3.18% $2,278,032.15
PIONEER FLOATING RATE FUND INC PHD 2.22% $1,592,754.74
BLACKROCK FLOATING RATE INCOME TRUST BGT 1.60% $1,148,474.15
APOLLO SENIOR FLOATING RATE FUND INC AFT 1.37% $979,252.03

Index Stats

Yield 7.78%

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