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Priority Income Fund Announces Declaration of Preferred Stock Distributions for March 2025

1. Priority Income Fund declared distributions for various preferred shares. 2. Distribution per share ranges from $0.37500 to $0.43750. 3. Distributions will affect shareholders' tax reporting but not materially. 4. The Fund focuses on senior secured loans and CLOs. 5. Managed by experienced professionals from Prospect Capital Management.

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Why Bullish?

The declaration of consistent distributions typically supports stock stability and investor confidence. Given PSEC's relationship with Priority Income Fund, this could showcase financial health, similarly seen in prior successful distributions boosting PSEC's price.

How important is it?

The article is significant as it signals dividend consistency, which can attract yield-focused investors to PSEC, likely increasing demand and impacting its stock price positively.

Why Short Term?

Immediate effects from the distributions can lead to short-term positive sentiment among investors but may stabilize over time, reflecting examples such as prior quarterly distributions in funds boosting share prices temporarily.

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PSECCLOPFD
March 11, 2025 15:09 ET  | Source: Priority Income Fund, Inc. NEW YORK, March 11, 2025 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared distributions on shares of the Fund’s 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.625% Series F Term Preferred Stock due 2027 (“Series F”), 6.000% Series H Term Preferred Stock due 2026 (“Series H”), 6.125% Series I Term Preferred Stock due 2028 (“Series I”), 6.000% Series J Term Preferred Stock due 2028 (“Series J”), 7.000% Series K Cumulative Preferred Stock (“Series K”), and 6.375% Series L Term Preferred Stock due 2029 (“Series L”).  Ex-Dividend DateRecord DatePayable DateDistribution per ShareSeries DMarch 24, 2025March 24, 2025March 31, 2025$0.43750Series FMarch 24, 2025March 24, 2025March 31, 2025$0.41406Series HMarch 24, 2025March 24, 2025March 31, 2025$0.37500Series IMarch 24, 2025March 24, 2025March 31, 2025$0.38281Series JMarch 24, 2025March 24, 2025March 31, 2025$0.37500Series KMarch 24, 2025March 24, 2025March 31, 2025$0.43750Series LMarch 24, 2025March 24, 2025March 31, 2025$0.39844 Distributions shall first be treated as a distribution of taxable investment company income undistributed from the prior year, and then treated as a distribution of taxable investment company income for the current year. This treatment will not affect tax reporting to shareholders. About Priority Income FundPriority Income Fund, Inc. is a registered closed-end fund that was created to acquire and grow an investment portfolio primarily consisting of senior secured loans or pools of senior secured loans known as collateralized loan obligations ("CLOs"). Such loans will generally have a floating interest rate and include a first lien on the assets of the respective borrowers, which typically are private and public companies based in the United States. The Fund is managed by Priority Senior Secured Income Management, LLC, which is led by a team of investment professionals from the investment and operations team of Prospect Capital Management L.P. For more information, visit https://www.priorityincomefund.com. About Prospect Capital Management L.P.Prospect Capital Management L.P. (“Prospect”), headquartered in New York City, is an SEC-registered investment adviser that, along with its predecessors and affiliates, has more than 30-years of investing in and managing high-yielding debt and equity investments using both private partnerships and publicly traded closed-end structures. Prospect and its affiliates employ a team of over 100 professionals who focus on credit-oriented investments yielding attractive current income. Prospect, together with its affiliates, has $8.3 billion of assets under management as of December 31, 2024. Prospect is the investment adviser to Prospect Capital Corporation (NASDAQ: PSEC). For more information, call (212) 448-0702 or visit https://www.prospectcap.com. About Preferred Capital Securities, LLCPreferred Capital Securities, LLC (“PCS”) serves as the dealer-manager for Priority Income Fund, Inc. and has been a member of FINRA/SIPC since 2015. Formed in 2013, PCS is a boutique managing broker-dealer that distributes alternative investments, including real estate and credit investment products in private and public structures through broker dealers and registered investment advisors. PCS has raised over $4.8 billion of capital as a wholesale distributor for various alternative investment strategies. For more information, call 855-320-1414 or visit http://www.pcsalts.com. Additional Information Past performance is not indicative of future performance. Our distributions may exceed our earnings, and therefore, portions of the distributions that we make may be a return of the money that you originally invested and represent a return of capital to you for tax purposes. Such a return of capital is not immediately taxable, but reduces your tax basis in our shares, which may result in higher taxes for you even if your shares are sold at a price below your original investment. Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. The prospectus and summary prospectus contains this and other information relevant to an investment in the fund. Please read the prospectus or summary prospectus carefully before you invest or send money. To obtain a prospectus, please contact your investment representative or Investor Services at 866.655.3650. Forward-Looking StatementsThis press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the future performance of Priority Income Fund, Inc. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. Any such statements, other than statements of historical fact, are highly likely to be affected by unknowable future events and conditions, including elements of the future that are or are not under the control of Priority Income Fund, Inc. and that Priority Income Fund, Inc. may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and Priority Income Fund, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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