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home / news releases / PPR - IRR: Liquidation Nears

PPR - IRR: Liquidation Nears

Voya Prime Rate Trust
  • Saba succeeds in forcing liquidation of IRR, scheduled for June 11.
  • At a current discount of -1.79%, an annualized alpha of ~14% remains.
  • However, finding an effective hedge for IRR may be difficult.

For further details see:

IRR: Liquidation Nears
Stock Information
Company Name: Voya Prime Rate Trust
Stock Symbol: PPR
Market: NYSE
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