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 11.21% $8,160,419.62
INVESCO SENIOR INCOME TRUST VVR 9.49% $6,908,150.93
SABA CAPITAL INCOME & OPPORTUNITIES CEF BRW 9.20% $6,699,642.01
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 8.44% $6,148,091.78
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 6.40% $4,656,564.43
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 5.90% $4,296,651.19
NUVEEN SENIOR INCOME FUND NSL 5.81% $4,233,601.16
BLACKSTONE STRATEGIC CREDIT FUND BGB 5.77% $4,199,063.45
BLACKROCK DEBT STRATEGIES FUND INC DSU 5.65% $4,112,386.47
NUVEEN FLOATING RATE INCOME FUND JFR 5.56% $4,048,695.05
EATON VANCE SENIOR FLOATING RATE FUND EFR 5.13% $3,734,603.13
BLACKSTONE LONG-SHORT CREDIT INCOME FUND BGX 5.01% $3,648,620.02
BLACKROCK FLOATING RATE INCOME STRAT FRA 4.09% $2,980,281.07
EATON VANCE FLOATING-RATE INCOME TRUST EFT 3.78% $2,750,852.28
BLACKSTONE SENIOR FLOATING RATE TERM FUND BSL 3.38% $2,458,064.43
PIONEER FLOATING RATE FUND INC PHD 2.25% $1,635,322.80
BLACKROCK FLOATING RATE INCOME TRUST BGT 1.54% $1,122,418.02
APOLLO SENIOR FLOATING RATE FUND INC AFT 1.40% $1,018,576.32

Index Stats

Yield 7.78%

CONTACT US

{{message}}