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 9.52% $8,197,662.93
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 8.43% $7,264,144.74
PIONEER FLOATING RATE TRUST PHD 7.15% $6,156,280.14
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 7.07% $6,090,319.14
BLACKSTONE STRATEGIC CREDIT FUND BGB 6.98% $6,009,389.22
BLACKROCK DEBT STRATEGIES FUND INC DSU 6.39% $5,501,246.55
BLACKROCK FLOATING RATE INCOME TRUST BGT 6.26% $5,394,184.69
NUVEEN FLOATING RATE INCOME FUND JFR 5.55% $4,780,977.96
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND VTA 5.10% $4,396,229.69
BLACKROCK FLOATING RATE INCOME STRAT FRA 4.81% $4,141,289.76
INVESCO SENIOR INCOME TRUST VVR 4.73% $4,075,884.74
APOLLO SENIOR FLOATING RATE FUND INC AFT 4.37% $3,762,839.46
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 4.26% $3,672,174.59
NUVEEN SENIOR INCOME FUND NSL 4.19% $3,612,726.73
BLACKSTONE LONG-SHORT CREDIT INCOME FUND BGX 4.06% $3,492,911.02
VOYA PRIME RATE TRUST PPR 2.95% $2,540,170.61
EATON VANCE SENIOR INCOME TRUST EVF 2.92% $2,511,851.09
BLACKSTONE SENIOR FLOATING RATE TERM FUND BSL 2.73% $2,350,345.33
EATON VANCE SENIOR FLOATING RATE FUND EFR 2.53% $2,178,236.15

Index Stats

Yield 7.78%

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