Priority Income Fund Announces 16.6% Annualized Total Cash Distribution Rate (on Net Asset Value) with Common Shareholder Distributions for March 2026 through May 2026

Core Viewpoint - Priority Income Fund, Inc. has declared monthly cash distributions for common shareholders for March, April, and May 2026, with an annualized total cash distribution of $0.70000 per share, reflecting a 16.6% annualized rate based on the net asset value as of February 28, 2026 [1][2]. Distribution Details - The monthly cash distribution amounts to $0.05833 per share, equating to $0.17499 on a quarterly basis, with specific record and payment dates outlined for each month [3]. - The declared distributions represent the 147th, 148th, and 149th consecutive monthly distributions paid by the Fund, totaling cumulative cash distributions of $17.163224 per common share since inception in January 2014 through May 2026 [3]. Tax Treatment - Distributions will first be treated as a distribution of taxable investment company income undistributed from the prior year, followed by current year taxable income, without affecting tax reporting to shareholders [4]. Company Overview - Priority Income Fund, Inc. is a registered closed-end fund focused on acquiring and growing an investment portfolio primarily consisting of senior secured loans or collateralized loan obligations (CLOs), typically involving floating interest rates and first liens on borrower assets [5]. - The Fund is managed by Priority Senior Secured Income Management, LLC, which comprises a team of investment professionals from Prospect Capital Management L.P. [5]. Management Background - Prospect Capital Management L.P. is an SEC-registered investment adviser with over 30 years of experience in managing high-yielding debt and equity investments, currently managing $7.2 billion in regulatory assets as of December 31, 2025 [6].