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Updates

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.
Nov 26, 2018, 3:00 AM
Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today its weekly cash shareholder base distributions to an annualized rate of 8.0% for distributions from December 1, 2018 through February 25, 2019. These series of distributions will have weekly record dates and will be payable monthly to the stockholders of record as of the close of business each week. The declared distributions equal a weekly amount of $0.02303 per share of common stock.
Oct 23, 2018, 10:00 AM
The Destra Funds distributed by Destra Capital Investments LLC are pleased to announce their estimated year-end capital gains. The table below summarizes the estimated capital gain schedule for each Fund.
Oct 18, 2018, 4:50 AM
NEW YORK, Oct. 18, 2018 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (the "Company") today announced that it plans to offer shares of its Series B Term Preferred Stock due 2023 (the "Preferred Stock") in an underwritten public offering.
Sep 28, 2018, 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 September 2018 monthly distribution.
Sep 5, 2018, 3:00 AM
Priority Income Fund, Inc. ("Priority Income Fund" or the "Fund") announced today an increase in its weekly cash shareholder base distributions to an annualized rate of 8.0% for distributions from September 1, 2018 through November 30, 2018. These series of distributions will have weekly record dates and will be payable monthly to the stockholders of record as of the close of business each week. The declared distributions equal a weekly amount of $0.02303 per share of common stock.
Aug 30, 2018, 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 August 2018 monthly distribution.