Voya Prime Rate Trust (PPR) Position Decreased by Advisors Asset Management Inc.
Advisors Asset Management Inc. decreased its stake in shares of Voya Prime Rate Trust (NYSE:PPR) by 33.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 291,472 shares of the investment management company’s stock after selling 146,072 shares during the period. Advisors Asset Management Inc. owned about 0.20% of Voya Prime Rate Trust worth $1,568,000 at the end of the most recent reporting period.
Separately, Stratos Wealth Partners LTD. acquired a new position in shares of Voya Prime Rate Trust during the second quarter valued at about $541,000.
Voya Prime Rate Trust (PPR) opened at 5.20 on Friday. Voya Prime Rate Trust has a 12 month low of $5.14 and a 12 month high of $5.62. The firm’s 50 day moving average price is $5.27 and its 200 day moving average price is $5.40.
The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 22nd. Stockholders of record on Thursday, August 10th were given a $0.025 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date was Tuesday, August 8th.
About Voya Prime Rate Trust
Voya Prime Rate Trust (the Trust) is a diversified, closed-end management investment company. The Trust seeks to provide investors with as high a level of current income as is consistent with the preservation of capital. The Trust seeks to achieve this objective by investing, under normal market conditions, approximately 80% of its net assets, plus borrowings for investment purposes, in United States dollar denominated floating rate secured senior loans.
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