Company: PRIF-PJ
Filing Date: 2025-02-28
Form Type: N-CSRS
Source: 0001554625-25-000010
Chunk: 33

Company: Priority Income Fund, Inc.
Filing Date: 2025-02-28
Form: N-CSRS
Chunk 33
---
4 and the level of each financial liability within the fair value hierarchy:

|                                                                                                                                                                                                                                                                                                                                                         |     | Carrying Value |             |     | Fair Value |             |     | Level 1 |   |     | Level 2 |             |     | Level 3 |            |
|:--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------|------------:|:----|:-----------|------------:|:----|:--------|:--|:----|:--------|------------:|:----|:--------|-----------:|
| Mandatorily Redeemable Preferred Stock(1)                                                                                                                                                                                                                                                                                                               |     | $              | 190,632,673 |     | $          | 184,845,239 |     | $       | — |     | $       | 184,845,239 |     | $       |          — |
| The Revolving Credit Facility(2)                                                                                                                                                                                                                                                                                                                        |     |                |  38,200,000 |     |            |  38,200,000 |     |         | — |     |         |  38,200,000 |     |         |          — |
| 2035 Notes(3)                                                                                                                                                                                                                                                                                                                                           |     |                |  28,975,090 |     |            |  29,217,559 |     |         | — |     |         |           — |     |         | 29,217,559 |
|                                                                                                                                                                                                                                                                                                                                                         |     | $              | 257,807,763 |     | $          | 252,262,798 |     | $       | — |     | $       | 223,045,239 |     | $       | 29,217,559 |
| (1)Represents the December 31, 2024 closing market price per share of each respective series of Term Preferred Stock on the New York Stock Exchange (“NYSE”) and is categorized as Level 2 under ASC 820 as of December 31, 2024 because of the low trading volume of the shares.                                                                       |     |                |             |     |            |             |     |         |   |     |         |             |     |         |            |
| (2)As of December 31, 2024, the fair value of the Revolving Credit Facility was $38,200,000, the balance outstanding, and is categorized as Level 2 under ASC 820. The fair value of