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 8.74% $7,270,970.60
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 8.51% $7,075,321.41
PIONEER FLOATING RATE TRUST PHD 7.40% $6,150,688.60
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 7.29% $6,060,268.22
BLACKSTONE STRATEGIC CREDIT FUND BGB 6.97% $5,795,405.04
BLACKROCK DEBT STRATEGIES FUND INC DSU 6.40% $5,325,728.20
BLACKROCK FLOATING RATE INCOME TRUST BGT 6.35% $5,282,343.54
NUVEEN FLOATING RATE INCOME FUND JFR 5.56% $4,621,112.45
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND VTA 5.01% $4,167,060.46
BLACKROCK FLOATING RATE INCOME STRAT FRA 4.94% $4,109,161.84
INVESCO SENIOR INCOME TRUST VVR 4.82% $4,008,114.68
APOLLO SENIOR FLOATING RATE FUND INC AFT 4.29% $3,568,294.75
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 4.29% $3,563,254.16
NUVEEN SENIOR INCOME FUND NSL 4.22% $3,512,731.62
BLACKSTONE LONG-SHORT CREDIT INCOME FUND BGX 4.04% $3,356,507.24
VOYA PRIME RATE TRUST PPR 3.05% $2,540,170.61
EATON VANCE SENIOR INCOME TRUST EVF 3.00% $2,493,021.62
BLACKSTONE SENIOR FLOATING RATE TERM FUND BSL 2.62% $2,182,147.36
EATON VANCE SENIOR FLOATING RATE FUND EFR 2.49% $2,068,004.67

Index Stats

Yield 7.78%

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