Priority Income Fund, Inc.

# Priority Income Fund, Inc. (PRIF-PD)

A closed-end fixed income fund based in West Palm Beach, Florida, Priority Income Fund invests primarily in senior secured loans and collateralized loan obligations (CLOs). The fund targets debt instruments of below-investment-grade companies, focusing on generating current income for shareholders. It was previously known as Priority Senior Secured Income Fund, Inc. The fund is launched by Prospect Capital Management LLC and Behringer Harvard Holdings, LLC, with portfolio management provided by Priority Senior Secured Income Management, LLC.

The fund's revenue stream derives from interest income generated by its senior secured loan holdings and CLO investments. Senior secured loans typically provide floating-rate income tied to benchmark rates, while CLO investments offer structured returns based on pools of underlying corporate debt. By maintaining a portfolio weighted toward senior secured positions in the capital structure, the fund seeks to balance yield opportunities with relative loss protection in below-investment-grade credit markets.

As a closed-end fund, Priority Income Fund operates with a fixed capital base rather than continuous share issuance and redemption. The fund is domiciled in the United States and listed on the New York Stock Exchange, distributing returns to shareholders through regular dividend payments sourced from portfolio income and gains.