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 8.76% $7,663,032.74
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 8.38% $7,330,788.27
PIONEER FLOATING RATE FUND INC PHD 7.49% $6,547,687.59
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 7.29% $6,375,802.85
BLACKSTONE STRATEGIC CREDIT FUND BGB 6.96% $6,085,175.29
BLACKROCK DEBT STRATEGIES FUND INC DSU 6.55% $5,726,913.00
BLACKROCK FLOATING RATE INCOME TRUST BGT 6.29% $5,501,724.25
NUVEEN FLOATING RATE INCOME FUND JFR 5.53% $4,835,931.73
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND VTA 5.06% $4,426,785.59
BLACKROCK FLOATING RATE INCOME STRAT FRA 4.82% $4,211,971.20
INVESCO SENIOR INCOME TRUST VVR 4.81% $4,201,743.41
APOLLO SENIOR FLOATING RATE FUND INC AFT 4.34% $3,792,390.55
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 4.25% $3,714,964.76
NUVEEN SENIOR INCOME FUND NSL 4.22% $3,690,142.30
BLACKSTONE LONG-SHORT CREDIT INCOME FUND BGX 4.13% $3,612,264.33
SABA CAPITAL INCOME & OPPORTUNITIES CEF BRW 2.94% $2,567,661.63
EATON VANCE SENIOR INCOME TRUST EVF 2.91% $2,541,978.24
BLACKSTONE SENIOR FLOATING RATE TERM FUND BSL 2.76% $2,415,263.84
EATON VANCE SENIOR FLOATING RATE FUND EFR 2.51% $2,198,419.38

Index Stats

Yield 7.78%

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