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 9.38% $7,926,783.64
NUVEEN CREDIT STRATEGIES INCOME FUND JQC 8.58% $7,253,037.49
PIONEER FLOATING RATE FUND INC PHD 7.85% $6,637,152.15
BLACKSTONE STRATEGIC CREDIT FUND BGB 7.19% $6,076,259.28
BLACKROCK FLOATING RATE INCOME TRUST BGT 7.15% $6,039,422.09
FIRST TRUST SENIOR FLOATING RATE INCOME FUND II FCT 7.03% $5,945,073.04
BLACKROCK DEBT STRATEGIES FUND INC DSU 6.85% $5,792,105.53
NUVEEN FLOATING RATE INCOME FUND JFR 6.03% $5,100,708.98
BLACKROCK FLOATING RATE INCOME STRAT FRA 5.13% $4,334,057.32
INVESCO SENIOR INCOME TRUST VVR 5.12% $4,327,602.08
APOLLO SENIOR FLOATING RATE FUND INC AFT 4.76% $4,023,874.13
NUVEEN FLOATING RATE INCOME OPPORTUNITY FUND ETF JRO 4.60% $3,890,015.46
NUVEEN SENIOR INCOME FUND NSL 4.52% $3,819,168.26
BLACKSTONE LONG-SHORT CREDIT INCOME FUND BGX 4.27% $3,609,828.55
EATON VANCE SENIOR INCOME TRUST EVF 3.01% $2,541,978.24
SABA CAPITAL INCOME & OPPORTUNITIES CEF BRW 2.95% $2,490,686.76
BLACKSTONE SENIOR FLOATING RATE TERM FUND BSL 2.87% $2,422,640.95
EATON VANCE SENIOR FLOATING RATE FUND EFR 2.71% $2,291,572.74

Index Stats

Yield 7.78%

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