The Technical Analyst
Voya Prime Rate Trust [PPR]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Voya Prime Rate Trust Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.00% $4.67
America/New_York / 7 jun 2021 @ 00:00
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -14.97 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.75x |
| Company: PE -14.97 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 4.64 - 4.70 ( +/- 0.58%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2021-02-28 | Chadwick Patricia Walsh | Buy | 0 | |
| 2021-02-28 | Anderson Kimberly A | Buy | 0 | |
| 2021-04-23 | Saba Capital Management, L.p. | Sell | 100 000 | Common Stock |
| 2021-04-21 | Saba Capital Management, L.p. | Sell | 81 758 | Common Stock |
| 2021-04-22 | Saba Capital Management, L.p. | Sell | 46 784 | Common Stock |
| INSIDER POWER |
|---|
| 0.00 |
| Last 96 transactions |
| Buy: 14 118 676 | Sell: 10 192 312 |
Forecast:
01:40 - $4.65
Live Trading Signals (every 1 min)
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $4.67 (0.00% ) |
| Volume | 0.546 mill |
| Avg. Vol. | 0.320 mill |
| % of Avg. Vol | 170.65 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For PPR
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
PPR
Voya Prime Rate Trust (the Trust) is a diversified, closed-end management investment company. The Trust seeks to provide investors with as high a level of current income as is consistent with the preservation of capital. The Trust seeks to achieve this objective by investing, under normal market conditions, approximately 80% of its net assets, plus borrowings for investment purposes, in United States dollar denominated floating rate secured senior loans. The Trust may invest in subordinated loans and in unsecured loans. It may invest approximately 20% of its total assets in unsecured floating rate loans, notes and other debt instruments. The Trust invests in a range of sectors, including electronics and electrical, healthcare, retailers (except food and drug), telecommunications, business equipment and services, diversified insurance, lodging and casinos, automotive, food products, and chemicals and plastics. Voya Investments, LLC is the investment advisor of the Trust.
Latest Press Releases
2021-06-01 15:12:00 - Press Release
Ppr - $.0067 May Dividend
Scottsdale, ariz.--(business wire)--voya prime rate trust (nyse: ppr), a diversified closed-end management investment company listed on the new york stock exchange, declared a monthly dividend of 0.67 cents per share on may 28, 2021, payable on june 22, 2021 to shareholders of record on june 10, 2021. this represents the 397th consecutive monthly dividend since the trust's inception in may 1988. the following is the annualized distribution rate calculation based on the declared dividend for the
2021-05-25 09:00:00 - Press Release
Voya Prime Rate Trust Announces Results Of Special Meeting Of Shareholders
Scottsdale, ariz.--(business wire)--voya prime rate trust (nyse:ppr) (the “fund”) today reported the results of its special meeting of shareholders (the “special meeting”) held on may 21, 2021. the results, which have been certified by the independent inspector of election, show that all proposals presented at the special meeting passed. specifically, shareholders voted in favor of: the approval of a new investment management agreement between the fund and saba capital management, l.p. (“saba”)
2021-05-03 15:33:00 - Press Release
Ppr - $.0070 April Dividend
Scottsdale, ariz.--(business wire)--voya prime rate trust (nyse: ppr), a diversified closed-end management investment company listed on the new york stock exchange, declared a monthly dividend of 0.70 cent per share on april 30, 2021, payable on may 17, 2021 to shareholders of record on may 10, 2021. this represents the 396th consecutive monthly dividend since the trust’s inception in may 1988. the following is the annualized distribution rate calculation based on the declared dividend for the month, net asset value (“nav”) at month-end and the month-end nyse composite closing price (“market”). annualized period-end distribution rate dividend nav market april 30, 2021 $.0070 1.73% 1...
2021-04-01 14:02:00 - Press Release
Ppr - $.0110 March Dividend
Scottsdale, ariz.--(business wire)--voya prime rate trust (nyse: ppr), a diversified closed-end management investment company listed on the new york stock exchange, declared a monthly dividend of 1.10 cents per share on march 31, 2021, payable on april 22, 2021 to shareholders of record on april 12, 2021. this represents the 395th consecutive monthly dividend since the trust's inception in may 1988. the following is the annualized distribution rate calculation based on the declared dividend for
2021-03-25 17:01:00 - Press Release
The Board Of Trustees Of Voya Prime Rate Trust Selects Saba Capital As New Investment Adviser
Scottsdale, ariz.--(business wire)--voya prime rate trust (nyse: ppr) (the “fund”) announced today that the board of trustees (the “board”) has selected saba capital management, lp (“saba”) to serve as the new investment adviser to the fund (the “adviser transition”). the fund’s current investment adviser, voya investments, llc (“vil”), and the fund’s current sub-adviser, voya investment management co. llc (“voya im”), both previously announced their respective resignations, effective as of june 22, 2021. vil and voya im are committed to ensuring a smooth transition to saba and serving the fund, its board and its shareholders during the adviser transition. saba is considered a pioneer in credit investing and is known for its ability to navigate turbulent markets...
Latest News
2021-06-08 17:07:07 - Seeking Alpha
Voya Prime Rate Trust: Activists Force A Metamorphosis
Saba controlled the entire board of PPR and forced the resignation of their manager. An analysis of Saba's intent and objectives is presented here.
2021-06-07 16:07:21 - Seeking Alpha
Here Are The Dates You Need To Know For Tender Offers
We seem to discuss rights offerings ad nauseam. However, we haven't really touched on the basics of a tender offer.
2021-06-01 15:12:00 - Business Wire
PPR - $.0067 May Dividend
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Prime Rate Trust (NYSE: PPR), a diversified closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of 0.67 cents per share on May 28, 2021, payable on June 22, 2021 to shareholders of record on June 10, 2021. This represents the 397th consecutive monthly dividend since the Trust's inception in May 1988. The following is the annualized distribution rate calculation based on the declared dividend for the
2021-05-03 15:33:00 - Business Wire
PPR - $.0070 April Dividend
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Prime Rate Trust (NYSE: PPR), a diversified closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of 0.70 cent per share on April 30, 2021, payable on May 17, 2021 to shareholders of record on May 10, 2021. This represents the 396th consecutive monthly dividend since the Trust's inception in May 1988. The following is the annualized distribution rate calculation based on the declared dividend for the
2021-04-27 10:16:31 - Seeking Alpha
Activist Saba Vs. Sponsor Voya: The Battle Is On
2021-04-01 14:02:00 - Business Wire
PPR - $.0110 March Dividend
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Prime Rate Trust (NYSE: PPR), a diversified closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of 1.10 cents per share on March 31, 2021, payable on April 22, 2021 to shareholders of record on April 12, 2021. This represents the 395th consecutive monthly dividend since the Trust's inception in May 1988. The following is the annualized distribution rate calculation based on the declared dividend for
2021-03-29 10:20:57 - Seeking Alpha
Which Eaton Vance Short Duration Taxable CEFs Will Be Liquidated At NAV?
Favorite liquidation at NAV exit strategy for excess returns is the Eaton Vance Short Duration Diversified Income Fund (EVG), whose shareholders already voted once in January with an outcome NOT to approve a new advisory agreement. EVG's control shareholder SIT Investment Associates would be avoiding a nearly $50 million windfall for clients' assets to accept a lesser plan than liquidation.
2021-03-25 17:01:00 - Business Wire
The Board of Trustees of Voya Prime Rate Trust Selects Saba Capital as New Investment Adviser
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Prime Rate Trust (NYSE: PPR) (the “Fund”) announced today that the Board of Trustees (the “Board”) has selected Saba Capital Management, LP (“Saba”) to serve as the new investment adviser to the Fund (the “Adviser Transition”). The Fund's current investment adviser, Voya Investments, LLC (“VIL”), and the Fund's current sub-adviser, Voya Investment Management Co. LLC (“Voya IM”), both previously announced their respective resignations, effective as of Jun
2021-03-01 14:33:00 - Business Wire
PPR - $.0108 February Dividend
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Prime Rate Trust (NYSE: PPR), a diversified closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of 1.08 cents per share on February 26, 2021, payable on March 22, 2021 to shareholders of record on March 10, 2021. This represents the 394th consecutive monthly dividend since the Trust's inception in May 1988. The following is the annualized distribution rate calculation based on the declared dividend
2021-02-25 17:30:00 - Business Wire
Voya Prime Rate Trust Announces Change to Record Date for Determining Shareholders
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Prime Rate Trust (NYSE: PPR) (“the Fund”) announced today that to meet the 10 day notice requirement of the NYSE, the Board of Trustees for the Fund has changed the record date for determining shareholders of record for the special shareholder meeting announced yesterday and tentatively scheduled to be held on Friday, May 21, 2021 to March 8, 2021 from March 5, 2021. Important Notice This press release is for informational purposes only and shall not con