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

INDEX KEY FACTS

Base Date: February 03, 2017
Total number of holdings: 19
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
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 8.45% $7,330,788.27
HIGHLAND INCOME FUND HFRO 8.40% $7,292,355.81
PIONEER FLOATING RATE FUND INC PHD 7.37% $6,396,716.14
BLACKSTONE STRATEGIC CREDIT FUND BGB 7.09% $6,156,503.35
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 7.03% $6,105,344.60
BLACKROCK DEBT STRATEGIES FUND INC DSU 6.48% $5,626,616.80
BLACKROCK FLOATING RATE INCOME TRUST BGT 6.43% $5,579,152.74
NUVEEN FLOATING RATE INCOME FUND JFR 5.63% $4,885,889.70
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND VTA 5.15% $4,468,799.95
BLACKROCK FLOATING RATE INCOME STRAT FRA 4.94% $4,292,291.02
INVESCO SENIOR INCOME TRUST VVR 4.81% $4,172,699.10
APOLLO SENIOR FLOATING RATE FUND INC AFT 4.45% $3,863,805.70
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 4.32% $3,753,864.92
NUVEEN SENIOR INCOME FUND NSL 4.27% $3,703,044.90
BLACKSTONE LONG-SHORT CREDIT INCOME FUND BGX 4.10% $3,558,677.13
EATON VANCE SENIOR INCOME TRUST EVF 2.91% $2,523,148.77
SABA CAPITAL INCOME & OPPORTUNITIES CEF BRW 2.90% $2,518,177.79
BLACKSTONE SENIOR FLOATING RATE TERM FUND BSL 2.78% $2,415,263.84
EATON VANCE SENIOR FLOATING RATE FUND EFR 2.49% $2,159,605.48

Index Stats

Yield 7.78%

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