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
HIGHLAND INCOME FUND HFRO 8.70% $7,677,289.55
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 8.16% $7,197,501.21
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 7.16% $6,320,709.50
PIONEER FLOATING RATE FUND INC PHD 7.12% $6,279,293.91
BLACKSTONE STRATEGIC CREDIT FUND BGB 7.09% $6,254,579.43
BLACKROCK DEBT STRATEGIES FUND INC DSU 6.67% $5,882,372.11
BLACKROCK FLOATING RATE INCOME TRUST BGT 6.39% $5,639,374.90
NUVEEN FLOATING RATE INCOME FUND JFR 5.66% $4,995,797.24
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND VTA 5.02% $4,426,785.59
BLACKROCK FLOATING RATE INCOME STRAT FRA 4.88% $4,301,929.40
INVESCO SENIOR INCOME TRUST VVR 4.82% $4,250,150.59
APOLLO SENIOR FLOATING RATE FUND INC AFT 4.42% $3,898,281.98
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 4.37% $3,858,895.34
NUVEEN SENIOR INCOME FUND NSL 4.29% $3,786,911.77
BLACKSTONE LONG-SHORT CREDIT INCOME FUND BGX 4.13% $3,643,929.49
EATON VANCE SENIOR INCOME TRUST EVF 2.99% $2,636,125.58
SABA CAPITAL INCOME & OPPORTUNITIES CEF BRW 2.84% $2,507,181.38
BLACKSTONE SENIOR FLOATING RATE TERM FUND BSL 2.76% $2,437,395.15
EATON VANCE SENIOR FLOATING RATE FUND EFR 2.53% $2,231,023.06

Index Stats

Yield 7.78%

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