Company: PRIF-PJ
Filing Date: 2025-08-28
Form Type: N-CSR
Source: 0001554625-25-000057
Chunk: 0

Company: Priority Income Fund, Inc.
Filing Date: 2025-08-28
Form: N-CSR
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549</div>

### FORM N-CSR

### 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:

#### June 30, 2025

#### Item 1(a). Reports to Stockholders.
The annual report to stockholders pursuant to Rule 30e-1 under the Investment Company Act of 1940, as amended, for the year ended June 30, 2025 is filed herewith.

#### Annual Report

#### June 30, 2025

#### 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 We seek to achieve our investment objective by investing primarily in entities that in turn own a pool of 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.” We have invested primarily in the equity and junior debt tranches of a type of pools of Senior Secured Loans known as Collateralized Loan Obligations, or “CLOs.” Based on certain diversification, liquidity and general market considerations, we may also invest opportunistically in Senior Sec