Priority Income Fund, Inc.
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Priority Income Fund Announces 20.71% Annualized Total Cash Distribution Rate (on Net Asset Value) with Common Shareholder Distributions for December 2025 through February 2026
Globenewswire· 2025-12-29 21:01
Core Viewpoint - Priority Income Fund has declared monthly cash distributions for December 2025, January 2026, and February 2026, reflecting its ongoing commitment to return value to shareholders [1][4]. Distribution Details - The annualized total cash distribution is $1.05016 per share, representing a 20.71% annualized rate based on the net asset value of $5.07 per common share as of November 30, 2025 [2]. - The monthly cash distributions are as follows: - December 2025: $0.08056 per share, payable on December 31, 2025 [4] - January 2026: $0.10070 per share, payable on January 30, 2026 [4] - February 2026: $0.08056 per share, payable on February 27, 2026 [4] - Cumulative cash distributions since inception in January 2014 total $16.988225 per common share through February 2026 [4]. Investment Strategy - The Fund plans to allocate a greater percentage of its new originations in BB-rated debt tranches of Collateralized Loan Obligations (CLOs), which are expected to generate lower cash yields but provide greater downside protection against defaults compared to more junior CLO tranches [3]. Fund 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 pools of senior secured loans known as CLOs [6]. - The Fund is managed by Priority Senior Secured Income Management, LLC, which is supported by a team from Prospect Capital Management L.P. [6]. Management Background - Prospect Capital Management L.P. has over 30 years of experience in managing high-yielding debt and equity investments, with $9.8 billion in assets under management as of September 30, 2025 [7].
Priority Income Fund Announces Preferred Stock Distributions for December 2025
Globenewswire· 2025-12-09 19:40
Core Viewpoint - Priority Income Fund, Inc. has declared distributions for its preferred stock series, indicating ongoing income generation for investors [1][2]. Distribution Details - The Fund has announced the following distributions per share for its preferred stock series, all payable on December 31, 2025: - Series D: $0.43750 - Series J: $0.37500 - Series K: $0.43750 - Series L: $0.39844 - All series have an ex-dividend date and record date of December 23, 2025 [2]. Fund Overview - Priority Income Fund, Inc. is a registered closed-end fund focused on acquiring and growing a portfolio primarily consisting of senior secured loans and collateralized loan obligations (CLOs) [3]. - The Fund is managed by Priority Senior Secured Income Management, LLC, which comprises a team from Prospect Capital Management L.P. [3]. Management Background - Prospect Capital Management L.P. has over 30 years of experience in managing high-yielding debt and equity investments, with $7.3 billion in assets under management as of September 30, 2025 [4]. Dealer-Manager Information - Preferred Capital Securities, LLC serves as the dealer-manager for Priority Income Fund, having raised over $4.9 billion in capital for various alternative investment strategies since its formation in 2013 [5].
Priority Income Fund Announces 22.0% Annualized Total Cash Distribution Rate (on Net Asset Value) with “Bonus” and “Base” Common Shareholder Distributions for September 2025 through November 2025
Globenewswire· 2025-09-12 11:00
Core Viewpoint - Priority Income Fund, Inc. has declared monthly cash distributions for common shareholders for September, October, and November 2025, maintaining consistency with prior distributions [1][2]. Distribution Details - The annualized total cash distribution is $1.34016 per share, reflecting a 22.0% annualized rate based on the net asset value of $6.09 per common share as of July 31, 2025 [2]. - Monthly cash "base" distributions are set at $0.08056 for September, $0.10070 for October, and $0.08056 for November, totaling $0.26182 on a quarterly basis [3]. - The cash "bonus" distributions are fixed at $0.024167 per share for each of the three months, marking the 60th, 61st, and 62nd monthly "bonus" distributions [4]. Cumulative Distributions - Since inception in January 2014, the Fund has paid or declared cumulative cash distributions totaling $16.73 per common share through November 2025 [5]. Preferred Stock Distributions - The Fund has also declared distributions for its preferred stock series, including Series D, J, K, and L, with payments scheduled for September 30, 2025 [6]. Fund Overview - Priority Income Fund, Inc. is a registered closed-end fund focused on acquiring and growing a portfolio of senior secured loans, primarily through collateralized loan obligations (CLOs) [7]. - The Fund is managed by Priority Senior Secured Income Management, LLC, which is associated with Prospect Capital Management L.P., an investment adviser with over $7.5 billion in assets under management as of June 30, 2025 [8].