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 TRUST SENIOR FLOATING RATE INCOME FUND II FCT 6.71% $5,033,818.50
FIRST EAGLE SENIOR LOAN FUND FSLF 6.34% $4,755,506.02
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND VTA 6.02% $4,517,972.30
APOLLO SENIOR FLOATING RATE FUND INC AFT 5.89% $4,419,155.44
INVESCO SENIOR INCOME TRUST VVR 5.37% $4,031,162.58
HIGHLAND INCOME FUND HFRO 5.13% $3,844,819.10
EATON VANCE SENIOR FLOATING RATE FUND EFR 5.08% $3,811,193.72
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 4.98% $3,733,428.37
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 4.67% $3,506,038.79
PIONEER FLOATING RATE TRUST PHD 4.65% $3,490,554.91
EATON VANCE FLOATING-RATE INCOME TRUST EFT 4.65% $3,487,112.04
BLACKROCK FLOATING RATE INCOME TRUST BGT 4.51% $3,380,837.96
NUVEEN FLOATING RATE INCOME FUND JFR 4.41% $3,306,665.64
BLACKSTONE / GSO STRATEGIC CREDIT FUND BGB 4.36% $3,270,509.23
BLACKROCK FLOATING RATE INCOME STRAT FRA 3.98% $2,985,367.53
BLACKSTONE/GSO LONG-SHORT CREDIT INCOME FUND BGX 3.81% $2,858,053.34
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND JSD 3.72% $2,787,216.59
NUVEEN SENIOR INCOME FUND NSL 3.59% $2,694,098.05
BLACKSTONE / GSO SENIOR FLOATING RATE TERM FUND BSL 3.39% $2,544,435.94
EATON VANCE SENIOR INCOME TRUST EVF 3.18% $2,386,573.62
VOYA PRIME RATE TRUST PPR 2.59% $1,945,392.91
FIRST TRUST SENIOR FLOATING RA FIV 1.69% $1,265,927.15
EATON VANCE FLOATING-RATE 2022 TARGET TERM TRUST EFL 1.26% $947,986.00

Index Stats

Yield 8.73%

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