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

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INDEX KEY FACTS

Base Date: February 03, 2017
Total number of holdings: 23
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
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 6.59% $4,794,542.82
FIRST EAGLE SENIOR LOAN FUND FSLF 6.54% $4,759,265.31
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND VTA 6.19% $4,503,335.24
APOLLO SENIOR FLOATING RATE FUND INC AFT 5.94% $4,323,606.13
INVESCO SENIOR INCOME TRUST VVR 5.37% $3,909,675.49
EATON VANCE SENIOR FLOATING RATE FUND EFR 5.26% $3,824,058.51
EATON VANCE FLOATING-RATE INCOME TRUST EFT 4.91% $3,574,072.44
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 4.91% $3,572,983.51
HIGHLAND INCOME FUND HFRO 4.81% $3,498,519.00
PIONEER FLOATING RATE TRUST PHD 4.63% $3,369,611.71
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 4.55% $3,312,428.00
BLACKROCK FLOATING RATE INCOME TRUST BGT 4.50% $3,273,980.92
BLACKSTONE / GSO STRATEGIC CREDIT FUND BGB 4.38% $3,188,950.40
NUVEEN FLOATING RATE INCOME FUND JFR 4.32% $3,144,496.63
BLACKROCK FLOATING RATE INCOME STRAT FRA 3.97% $2,890,958.47
BLACKSTONE/GSO LONG-SHORT CREDIT INCOME FUND BGX 3.81% $2,775,437.74
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND JSD 3.69% $2,685,658.09
NUVEEN SENIOR INCOME FUND NSL 3.57% $2,595,533.49
BLACKSTONE / GSO SENIOR FLOATING RATE TERM FUND BSL 3.34% $2,430,368.67
EATON VANCE SENIOR INCOME TRUST EVF 3.20% $2,326,709.74
VOYA PRIME RATE TRUST PPR 2.53% $1,841,175.44
FIRST TRUST SENIOR FLOATING RA FIV 1.70% $1,233,655.54
EATON VANCE FLOATING-RATE 2022 TARGET TERM TRUST EFL 1.28% $928,417.48

Index Stats

Yield 8.73%

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