Priority Income Fund, Inc. Price & Performance (PRIF-PK)

Saba Capital Management has reduced its position in the Nuveen New Jersey Quality Municipal Income Fund by 46,070 shares, trading at $11.98 each. The move slightly decreased the firm’s portfolio allocation by 0.01%. Despite this adjustment, the fund remains a significant holding, representing 10.05% of Saba’s total traded stock holdings.1

Karpus Management has cut its stake in the Nuveen New York AMT-Free Quality Municipal Income Fund by 903,656 shares, leaving 18,115,686 shares in its portfolio. This reduction caused a minor 0.05% dip in the stock’s price, reflecting a strategic reallocation within Karpus’s value-focused investment approach.2

Priority Income Fund has announced its preferred stock distributions for March 2025. The fund, which focuses on CLO equity and debt investments, continues to offer consistent payouts to its investors. This announcement highlights the fund’s ongoing commitment to providing attractive returns despite current market conditions.3