NYSE:PPRVoya Prime Rate Trust Stock Price, Forecast & News

$4.13

-0.01 (-0.24 %)

(As of 06/4/2020 10:33 AM ET)

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Today's Range

$4.11

Now: $4.13▼

$4.14

50-Day Range

$3.87

MA: $3.96▼

$4.06

52-Week Range

$2.95

Now: $4.13▼

$5.19

Volume44,512 shs

Average Volume631,391 shs

Market CapitalizationN/A

P/E RatioN/A

Dividend Yield0.07%

BetaN/A

Voya Prime Rate Trust is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co. LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in floating rate secured senior loans, with an emphasis on top-tier, non-investment grade senior loans. The fund seeks to invest in loans with maturities of one to ten years. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. The fund was formerly known as ING Prime Rate Trust. Voya Prime Rate Trust was formed on December 2, 1987 and is domiciled in the United States.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Voya Prime Rate Trust.

2.6 Community Rank

Outperform Votes
Voya Prime Rate Trust has received 167 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Voya Prime Rate Trust has received 159 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Voya Prime Rate Trust has received 51.23% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Voya Prime Rate Trust and other stocks. Vote “Outperform” if you believe PPR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PPR will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Voya Prime Rate Trust is a leading dividend payer. It pays a dividend yield of 0.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Voya Prime Rate Trust has only been increasing its dividend for 1 years.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Voya Prime Rate Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,099,277.00 in company stock and sold $0.00 in company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.45 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment Trusts/Mutual Funds

Sub-IndustryN/A

SectorMiscellaneous

Current SymbolNYSE:PPR

Previous Symbol

CUSIPN/A

CIK826020

Webinvestments.voya.com

Phone480-477-3000

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding SharesN/A

Market CapN/A

Next Earnings DateN/A

OptionableNot Optionable

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Voya Prime Rate Trust (NYSE:PPR) Frequently Asked Questions

How has Voya Prime Rate Trust's stock been impacted by COVID-19 (Coronavirus)?

Voya Prime Rate Trust's stock was trading at $4.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PPR shares have decreased by 8.4% and is now trading at $4.13. View which stocks have been most impacted by Coronavirus.

How often does Voya Prime Rate Trust pay dividends? What is the dividend yield for Voya Prime Rate Trust?

Voya Prime Rate Trust declared a monthly dividend on Friday, May 29th. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.015 per share on Monday, June 22nd. This represents a $0.18 annualized dividend and a dividend yield of 4.36%. The ex-dividend date is Tuesday, June 9th. View Voya Prime Rate Trust's dividend history.

Has Voya Prime Rate Trust been receiving favorable news coverage?

News coverage about PPR stock has trended somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Voya Prime Rate Trust earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave press coverage about the investment management company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutVoya Prime Rate Trust.

Who are some of Voya Prime Rate Trust's key competitors?

Some companies that are related to Voya Prime Rate Trust include 1ST TR SR FR 20/COM (FIV), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein Natnl Muncpl Incm Fnd. (AFB), ALLIANZGI CNV &/COM (CBH), Allianzgi Convertible & Income Fund (NCV), Allianzgi Convertible & Income Fund II (NCZ), Allianzgi NFJ Dividend int & Prm Stgy Fd (NFJ), Alpine Global Dynamic Dividend Fund (AGD), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BLACKROCK 2022/COM (BGIO), Blackrock Coporate High Yield Fund (HYT) and Blackrock Credit Allocation Income Trust (BTZ). View all competitors.

What other stocks do shareholders of Voya Prime Rate Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Voya Prime Rate Trust investors own include Exxon Mobil (XOM), Walt Disney (DIS), AT&T (T), Verizon Communications (VZ), AbbVie (ABBV), Nuveen Credit Strategies Income Fund (JQC), Energy Transfer LP Unit (ET), Alibaba Group (BABA), Blackstone Group (BX) and Enterprise Products Partners (EPD).

Who are Voya Prime Rate Trust's key executives?

Voya Prime Rate Trust's management team includes the following people:

Mr. Shaun Patrick Mathews, Chief Exec. Officer, Pres and Trustee (Age 63)
Mr. Todd Modic, Chief Financial Officer, Sr. VP and Assistant Sec. (Age 51)
Kevin M. Gleason, Chief Compliance Officer (Age 53)
Mr. Michael John Roland, Exec. VP (Age 61)
Mr. Stanley David Vyner, Chief Investment Risk Officer and Exec. VP (Age 68)

What is Voya Prime Rate Trust's stock symbol?

Voya Prime Rate Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PPR."

Who are Voya Prime Rate Trust's major shareholders?

Voya Prime Rate Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Saba Capital Management L.P. (0.00%), RiverNorth Capital Management LLC (0.00%), Morgan Stanley (0.00%), Morgan Stanley (0.00%), JPMorgan Chase & Co. (0.00%) and Invesco Ltd. (0.00%). Company insiders that own Voya Prime Rate Trust stock include Kimberly A Anderson, Mark Weber and Saba Capital Management, LP. View institutional ownership trends for Voya Prime Rate Trust.

Which major investors are selling Voya Prime Rate Trust stock?

PPR stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Invesco Ltd., Virtus ETF Advisers LLC, Morgan Stanley, Morgan Stanley, Citigroup Inc., Raymond James Financial Services Advisors Inc., and Ausdal Financial Partners Inc.. View insider buying and selling activity for Voya Prime Rate Trust.

Which major investors are buying Voya Prime Rate Trust stock?

PPR stock was purchased by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., RiverNorth Capital Management LLC, Advisor Group Holdings Inc., City of London Investment Management Co. Ltd., OTA Financial Group L.P., First Foundation Advisors, Investment Partners LTD., and PenderFund Capital Management Ltd.. Company insiders that have bought Voya Prime Rate Trust stock in the last two years include Kimberly A Anderson, and Saba Capital Management, LP. View insider buying and selling activity for Voya Prime Rate Trust.

How do I buy shares of Voya Prime Rate Trust?

Shares of PPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Voya Prime Rate Trust's stock price today?

One share of PPR stock can currently be purchased for approximately $4.13.

What is Voya Prime Rate Trust's official website?

The official website for Voya Prime Rate Trust is investments.voya.com.

How can I contact Voya Prime Rate Trust?

Voya Prime Rate Trust's mailing address is 7337 E Doubletree Ranch Rd Ste 100, SCOTTSDALE, AZ 85258-2167, United States. The investment management company can be reached via phone at 480-477-3000.

This page was last updated on 6/4/2020 by MarketBeat.com Staff