Priority Income Fund, Inc.: management transactions · United States · SEC (Form 4)

About Priority Income Fund, Inc.

Priority Income Fund, Inc. is a U.S.-listed specialty credit vehicle focused on collateralized loan obligations (CLOs) and, more broadly, on senior secured floating-rate loan pools. The company was incorporated in Maryland on July 19, 2012 and commenced operations on May 9, 2013. It is externally managed and structured as a closed-end management investment company under the Investment Company Act of 1940. Its stated primary objective is to generate current income, with long-term capital appreciation as a secondary goal. The fund has also elected to be treated as a regulated investment company (RIC) for tax purposes, which is consistent with an income-oriented distribution model. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1554625/000155462524000040/pris-20240630.htm)) From an equity analyst’s perspective, the core investment thesis is not conventional operating-company growth, but rather credit selection and cash yield. Priority Income Fund seeks to invest at least 80% of total assets in securitized pools of senior secured loans and/or in senior secured loans in the primary or secondary market. The company emphasizes first-lien exposure, floating-rate structures, and diversification across a large number of underlying borrowers, typically U.S.-based private and public companies. Its materials also indicate a focused approach to CLO manager selection, partnering with a relatively small subset of managers versus the broader CLO market, which suggests an active underwriting and manager-screening framework rather than passive exposure. ([priorityincomefund.com](https://priorityincomefund.com/?utm_source=openai)) The business is managed from New York, with the company’s business address shown as 10 East 40th Street, 42nd Floor, New York, NY 10016. That New York base is consistent with its role as a U.S. capital markets and credit platform. Priority Income Fund is traded on the U.S. market, specifically NYSE/NASDAQ-listed preferred and related securities, and its official filings reference NYSE trading for the preferred stock series. For investors in the United States and abroad, the listing venue and the company’s U.S. domicile are relevant because they anchor the security in the domestic SEC reporting regime and U.S. credit market dynamics. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1554625/000155462524000040/pris-20240630.htm)) In competitive terms, Priority Income Fund occupies a niche within structured credit and income-focused investment vehicles. Its appeal lies in access to higher-yielding senior secured loan exposure, but that same structure also brings material credit risk, refinancing risk, valuation complexity, and liquidity considerations. The fund’s own disclosures describe a portfolio built around first-lien senior secured loans to larger companies, and they highlight the benefits of portfolio diversification and reduced interest-rate duration sensitivity due to floating coupons. This positions the fund as a specialized income strategy rather than a broad-market asset manager. ([priorityincomefund.com](https://priorityincomefund.com/?utm_source=openai)) Recent developments have been centered on capital allocation and distribution management. On March 30, 2026, Priority Income Fund announced a 16.6% annualized total cash distribution rate based on net asset value for March 2026 through May 2026. On March 25, 2026, it also announced the redemption of all outstanding shares of its 6.000% Series J Term Preferred Stock due 2028. These actions point to active liability management and a continued emphasis on sustaining attractive income payouts. For investors screening Form 4-related insider activity, the key takeaway is that PRIF-PL represents a U.S. income-oriented closed-end credit platform with a New York headquarters, a specialized CLO/loan strategy, and ongoing portfolio and capital structure adjustments. ([priorityincomefund.com](https://priorityincomefund.com/))