Priority Income Fund Inc is a closed ended fixed income mutual fund launched by Prospect Capital Management LLC and Behringer Harvard Holdings LLC The fund is managed by Priority Senior Secured Income Management LLC It invests in the Senior Secured Loans with an emphasis on current income or pools of senior secured loans known as collateralized loan obligations The fund invests in the companies whose debt is rated below investment grade It was previously known as Priority Senior Secured Income Fund Inc Priority Income Fund Inc is domiciled in United States