Company: PRIF-PJ
Filing Date: 2025-08-28
Form Type: N-CSR
Source: 0001554625-25-000057
Chunk: 46

Company: Priority Income Fund, Inc.
Filing Date: 2025-08-28
Form: N-CSR
Chunk 46
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Dividends payable on the Company’s Term Preferred Stock and Cumulative Preferred Stock were $0 at June 30, 2025.

Deferred issuance costs represent underwriting fees and other direct costs incurred that are related to the Company’s Term Preferred Stock. As of June 30, 2025, the Company had a deferred issuance cost balance of $958,346 related to the issuance of the Term Preferred Stock. Aggregate net discount on the Term Preferred Stock, that are still held as of June 30, 2025, at the time of issuance totaled $4,197,679. As of June 30, 2025 the Company had an unamortized discount balance of $2,240,952. These amounts are amortized and are included in Preferred dividend expense on the Statement of Operations over the term of the respective shares.

Deferred issuance costs represent underwriting fees and other direct costs incurred that are related to the Company’s Cumulative Preferred Stock. As of June 30, 2025, the Company had a deferred debt issuance cost balance of $374,458 related to the issuance of the Cumulative Preferred Stock. As of June 30, 2025 the Company had an unamortized discount balance of $1,250,000.

#### 2025 ANNUAL REPORTPRIORITY INCOME FUND, INC.42
The following table summarizes the components of preferred dividend expense, effective dividend rates and cash paid on the Term Preferred Stock for the year ended June 30, 2025:

|                                                                                                                                                                                      |     | Series D Term Preferred Stock Due 2029 |           |   | Series F Term Preferred Stock Due 2027(5) |           |   | Series G Term Preferred Stock Due 2026(3) |           |   | Series H Term Preferred Stock Due 2026(4) |           |   | Series I Term Preferred Stock Due 2028 |           |   | Series J Term Preferred Stock Due 2028 |           |   | Series L Term Preferred Stock Due 2029 |           |   | Total Term Preferred Stock |            |   |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------------------------------|----------:|:--|:------------------------------------------|----------:|:--|:------------------------------------------|----------:|:--|:------------------------------------------|----------:|:--|:---------------------------------------|----------:|:--|:---------------------------------------|----------:|:--|