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: 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 11.10% $8,450,096.85
SABA CAPITAL INCOME & OPPORTUNITIES CEF BRW 9.14% $6,959,862.38
INVESCO SENIOR INCOME TRUST VVR 9.12% $6,943,577.34
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 8.48% $6,458,369.31
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 6.04% $4,595,101.21
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 5.99% $4,559,552.67
NUVEEN SENIOR INCOME FUND NSL 5.81% $4,421,761.21
BLACKROCK DEBT STRATEGIES FUND INC DSU 5.77% $4,396,451.42
BLACKSTONE STRATEGIC CREDIT FUND BGB 5.76% $4,386,811.77
NUVEEN FLOATING RATE INCOME FUND JFR 5.68% $4,323,022.52
EATON VANCE SENIOR FLOATING RATE FUND EFR 5.36% $4,079,528.69
BLACKSTONE LONG-SHORT CREDIT INCOME FUND BGX 5.05% $3,847,471.32
BLACKROCK FLOATING RATE INCOME STRAT FRA 4.27% $3,250,981.34
EATON VANCE FLOATING-RATE INCOME TRUST EFT 3.91% $2,978,366.38
BLACKSTONE SENIOR FLOATING RATE TERM FUND BSL 3.29% $2,504,409.37
PIONEER FLOATING RATE FUND INC PHD 2.24% $1,708,043.23
BLACKROCK FLOATING RATE INCOME TRUST BGT 1.58% $1,205,597.21
APOLLO SENIOR FLOATING RATE FUND INC AFT 1.40% $1,065,611.26

Index Stats

Yield 7.78%

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