Voya Prime Rate Trust
- Invests at least 80% of net assets in U.S.-dollar-denominated, floating-rate, secured senior loans
- Targets top-tier, non-investment grade senior loans seeking to achieve superior long term risk-adjusted returns with lower volatility
- Uses leverage to enhance return potential
This Closed-End Fund seeks a high a level of current income, consistent with preservation of capital
Daily Prices as of 08/16/2017
|Net Asset Value (NAV)||$5.68|
|Inception Date||May 12, 1988|
Average Annual Total Returns %
|As of Jul 31, 2017 As of Jun 30, 2017||Expense Ratios|
|YTD||1 YR||3 YR||5 YR||10 YR||Gross||Net 1, 2|
|Net Asset Value||+1.84||+6.40||+4.42||+6.23||+4.61||2.31%||2.31%|
|Net Asset Value||+1.02||+7.58||+4.19||+6.37||+3.91||2.31%||2.31%|
Inception Date - Class A: 05/12/88
1The Adviser has contractually agreed to limit expenses of the Trust. This expense limitation agreement excludes interest, taxes, investment-related costs, leverage expenses, and extraordinary expenses and may be subject to possible recoupment. Please see the Trust's prospectus for more information.
2The expense limit will continue through at least July 1, 2018. If the Trust were not to borrow, or the interest expense on the borrowings is excluded from the expenses of the Trust, the net annual expenses would be 1.20%.
The performance quoted represents past performance and does not guarantee future results. Current performance may be lower or higher than the performance information shown. The investment return and principal value of an investment in the Portfolio will fluctuate, so that your shares, when redeemed, may be worth more or less than their original cost. See above “Average Annual Total Returns %” for performance information current to the most recent month-end. Returns for the other share classes will vary due to different charges and expenses. Performance assumes reinvestment of distributions and does not account for taxes.
Total investment return at net asset value has been calculated assuming a purchase at net asset value at the beginning of the period and a sale at net asset value at the end of the period; and assumes reinvestment of dividends, capital gain distributions and return of capital distributions/allocations, if any, in accordance with the provisions of the dividend reinvestment plan. Net asset value equals total Fund assets net of Fund expenses such as operating costs and management fees. Total investment return at net asset value is not annualized for periods less than one year.