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August 27, 2024—The New York Stock Exchange’s (NYSE) annual shareholder meeting requirement for listed closed-end funds (CEFs) is creating an end-run around the investor protections of the Investment Company Act of 1940 (1940 Act), the landmark law governing mutual funds and other...

Before 2020, Voya Prime Rate Trust had an investment objective to provide income and preserve capital and invested almost exclusively in senior loans.