Company: PRIF-PJ
Filing Date: 2025-02-28
Form Type: N-CSRS
Source: 0001554625-25-000010
Chunk: 0

Company: Priority Income Fund, Inc.
Filing Date: 2025-02-28
Form: N-CSRS
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549</div>

### FORM N-CSRS

### CERTIFIED SHAREHOLDER REPORT OF REGISTERED

### MANAGEMENT INVESTMENT COMPANIES

#### Investment Company Act file number

#### 811-22725

#### Priority Income Fund, Inc.
<div align='center'>(Exact name of registrant as specified in charter)</div>

#### 10 East 40

#### th

#### Street, 42

#### nd

#### Floor

#### New York, NY 10016
<div align='center'>(Address of principal executive offices)</div>

#### M. Grier Eliasek

#### Chief Executive Officer

#### Priority Income Fund, Inc.

#### 10 East 40

#### th

#### Street, 42

#### nd

#### Floor

#### New York, NY 10016
<div align='center'>(Name and address of agent for service)

Registrant’s telephone number, including area code: (212) 448-0702</div>

#### Date of fiscal year end:

#### June 30

#### Date of reporting period:

#### December 31, 2024

#### Item 1(a). Reports to Stockholders.
The semi-annual report to stockholders pursuant to Rule 30e-1 under the Investment Company Act of 1940, as amended, for the six months ended December 31, 2024 is filed herewith.

#### Annual Report

#### December 31, 2024

#### priorityincomefund.com
Priority Income Fund, Inc. (the “Company”) is an externally managed, diversified, closed-end investment management company registered under the Investment Company Act of 1940, as amended. The Company has elected to be treated for tax purposes as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended. INVESTMENT OBJECTIVE The Company’s investment objective is to generate current income and, as a secondary objective, long-term capital appreciation. We expect to seek to achieve our investment objective by investing, under normal circumstances, at least 80% of our total assets in senior secured loans made to companies whose debt is rated below investment grade or, in limited circumstances, unrated, which we collectively refer to as “Senior Secured Loans,” with an emphasis on current income. Our investments may take the form of the purchase of Senior Secured Loans (either in the primary or secondary