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Updates

Mar 18, 2019, 1:48 AM
Priority Income Fund, Inc. ("the Company"), today announced that the Company has reached the milestone of $500 million in aggregate capital raised, comprised of $401 million of common stock and $99 million across three series of preferred stock.
Mar 11, 2019, 5:11 PM
Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") is pleased to announce the declaration of distributions on shares of the Fund’s 6.375% Series A Term Preferred Stock due 2025, 6.25% Series B Term Preferred Stock due 2023 and 6.625% Series C Term Preferred Stock due 2024. The Fund has declared a distribution of $0.39844 per share on its 6.375% Series A Term Preferred Stock due 2025, a distribution of $0.39063 per share on its 6.25% Series B Term Preferred Stock due 2023 and a distribution of $0.17483 per share on its 6.625% Series C Term Preferred Stock due 2024.
Feb 28, 2019, 6:24 AM
Chicago, IL – The Destra Flaherty & Crumrine Preferred and Income Fund, distributed by Destra Capital Investments LLC is pleased to announce it's February 2019 monthly distribution.
Feb 20, 2019, 10:24 AM
Priority Income Fund, Inc. (the “Company”) today announced that it has priced an underwritten public offering of 1,400,000 shares of 6.625% Series C Term Preferred Stock due 2024 (the “Preferred Stock”) at a public offering price of $25.00 per share, which will result in net proceeds to the Company of approximately $33.7 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 210,000 shares of Preferred Stock to cover overallotments, if any.
Feb 19, 2019, 9:23 AM
NEW YORK, New York – February 19, 2019 – Priority Income Fund, Inc. (the “Company”) today announced that it plans to offer shares of its Series C Term Preferred Stock due 2024 (the “Preferred Stock”) in an underwritten public offering. The terms of the Preferred Stock are to be determined by negotiations between the Company and the underwriters.
Jan 30, 2019, 6:24 AM
Chicago, IL – The Destra Flaherty & Crumrine Preferred and Income Fund, distributed by Destra Capital Investments LLC is pleased to announce it's Januery 2019 monthly distribution.
Dec 31, 2018, 6:24 AM
Chicago, IL – The Destra Funds distributed by Destra Capital Investments LLC are pleased to announce the declaration of their year-end distributions. The table below summarizes the distribution schedule for each Fund declaring a distribution. The distributions will be paid on December 31, 2018 to shareholders of record as of December 27, 2018, with an ex-dividend date of December 28, 2018.
Dec 31, 2018, 2:27 AM
IRVINE, California, and NEW YORK, New York, December 26, 2018 –Stira Alcentra Global Credit Fund (“SAGC”) and Priority Income Fund, Inc. (“Priority”) announced today that the two funds have entered into a definitive merger agreement whereby SAGC would merge with and into Priority, with Priority being the surviving entity of the merger. Priority’s Board of Directors and SAGC’s Board of Trustees have approved the proposed merger, and SAGC’s Board of Trustees has recommended approval of the proposed merger to its shareholders. Approval of Priority’s shareholders is not required for the proposed merger. SAGC and Priority expect to close the merger in the first or second quarter of 2019, subject to approval by SAGC shareholders and other customary closing conditions.
Dec 13, 2018, 2:29 AM
Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") is pleased to announce the declaration of distributions on shares of the Fund’s 6.375% Series A Term Preferred Stock due 2025 and 6.25% Series B Term Preferred Shares due 2023. The Fund has declared a distribution of $0.39844 per share on its 6.375% Series A Term Preferred Stock due 2025 and a distribution of $0.29080 per share 6.25% Series B Term Preferred Shares due 2023.
Dec 7, 2018, 3:15 AM
Destra Capital Advisors LLC (“Destra”) is pleased to announce that it has acquired the fund formerly known as Multi-Strategy Growth & Income Fund (the “Fund”) in a fund adoption approved by both the Fund’s board and its shareholders by proxy completed in late-November.