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PPR - $.0225 September Dividend

PPR - $.0225 September Dividend

10/02/2017

PPR - $.0225 September Dividend

Voya Prime Rate Trust (NYSE: PPR), a diversified closed-end management investment company listed on the New York Stock Exchange, declared 2.25 cents per share monthly dividend on September 29, 2017 for the 30 days of September, payable on October 23, 2017 to shareholders of record on October 10, 2017. This represents the 353rd consecutive monthly dividend since the Trust’s inception in May 1988.

The following are annualized distribution rate calculations 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 Rates

  DIVIDEND   NAV   MARKET
September 29, 2017 $ .0225 4.84% 5.23%
August 31, 2017 $ .0240 4.98% 5.45%
July 31, 2017 $ .0250 5.15% 5.51%
June 30, 2017 $ .0250 5.34% 5.65%
May 31, 2017 $ .0260 5.33% 5.66%
April 30, 2017 $ .0260 5.50% 5.78%
March 31, 2017 $ .0270 5.51% 5.88%
February 28, 2017 $ .0260 5.84% 6.06%
January 31, 2017 $ .0270 5.49% 5.70%
December 31, 2016 $ .0270 5.50% 5.74%
November 30, 2016 $ .0270 5.71% 6.06%
October 31, 2016 $ .0270 5.51% 5.99%
September 30, 2016 $ .0265 5.62% 6.11%
August 31, 2016 $ .0265 5.46% 5.93%

Voya Prime Rate Trust was the first Fund to invest in a portfolio of floating rate senior bank loans. The Trust seeks to provide as high a level of current income as is consistent with the preservation of capital.

The Trust is managed by Voya Investments, LLC and sub-advised by Voya Investment Management Co. LLC, and its shares are distributed by Voya Investments Distributor, LLC. The adviser, the sub-adviser and the distributor are indirect, wholly-owned subsidiaries of Voya Financial, Inc. (NYSE: VOYA). The Trust’s operations are based in Scottsdale, Arizona.

Distribution Rates are calculated by annualizing dividends declared during the period (i.e., divide the monthly dividend amount by the number of days in the related month and multiply by the number of days in the fiscal year) and then dividing the resulting annualized dividend by the month-ending NAV (in the case of NAV) or the month-end closing price on the NYSE composite (in the case of Market). The distribution rate is based solely on actual dividends and distributions, which are made at the discretion of management. The distribution rate may or may not include all investment income, and ordinarily will not include capital gains.

Past performance is no assurance of future results. Investment return and principal value of an investment in the Trust will fluctuate. Shares, when sold, may be worth more or less than their original cost.

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