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: 23
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
FIRST EAGLE SENIOR LOAN FUND FSLF 6.51% $5,184,065.45
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 6.44% $5,128,625.85
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND VTA 6.36% $5,069,301.54
APOLLO SENIOR FLOATING RATE FUND INC AFT 5.92% $4,719,453.26
INVESCO SENIOR INCOME TRUST VVR 5.52% $4,395,623.85
EATON VANCE SENIOR FLOATING RATE FUND EFR 5.25% $4,184,272.60
HIGHLAND INCOME FUND HFRO 5.12% $4,080,125.59
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 4.90% $3,900,044.18
EATON VANCE FLOATING-RATE INCOME TRUST EFT 4.87% $3,881,332.52
PIONEER FLOATING RATE TRUST PHD 4.56% $3,635,014.83
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 4.56% $3,632,306.69
BLACKROCK FLOATING RATE INCOME TRUST BGT 4.47% $3,558,933.02
NUVEEN FLOATING RATE INCOME FUND JFR 4.35% $3,468,834.65
BLACKSTONE / GSO STRATEGIC CREDIT FUND BGB 4.33% $3,449,938.67
BLACKROCK FLOATING RATE INCOME STRAT FRA 3.94% $3,138,463.30
BLACKSTONE/GSO LONG-SHORT CREDIT INCOME FUND BGX 3.85% $3,067,941.63
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND JSD 3.69% $2,936,169.05
NUVEEN SENIOR INCOME FUND NSL 3.55% $2,830,993.27
BLACKSTONE / GSO SENIOR FLOATING RATE TERM FUND BSL 3.33% $2,654,823.62
EATON VANCE SENIOR INCOME TRUST EVF 3.18% $2,534,237.88
VOYA PRIME RATE TRUST PPR 2.44% $1,945,392.91
FIRST TRUST SENIOR FLOATING RA FIV 1.62% $1,289,397.41
EATON VANCE FLOATING-RATE 2022 TARGET TERM TRUST EFL 1.23% $977,338.78

Index Stats

Yield 8.73%

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