| Business Summary | | Prospect
Street
High
Income
Portfolio
Inc.
is
a
diversified,
closed-end,
management
investment
company.
The
Fund
invests
primarily
in
securities
of
fixed-maturity,
corporate
debt
securities
and
in
redeemable
preferred
stocks
that
are
rated
less
than
investment
grade.
Other
investments,
which
comprise
the
major
portion
of
the
Fund's
portfolio
holdings,
are
primarily
non-investment-grade
corporate
debt
securities.
On
April
28,
2000,
the
Fund's
net
asset
value
was
$6.09,
as
compared
to
$6.98
on
October
29,
1999. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Prospect
Street
High
Income
Portfolio
Inc.
is
a
closed-end
diversified
investment
company
that
invests
primarily
in
high
yield
debt
securities
in
different
industry
groups.
For
the
six
months
ended
4/30/01,
total
investment
income
totaled
$12.3
million.
Net
investment
income
totaled
$9.6
million.
Net
decrease
in
net
assets
resulting
from
operations
totaled
$38.6
million.
Net
asset
value
per
share
totaled
$3.36,
down
from
$4.21. | More
from
Market Guide: Significant
Developments |
| | | | FY1998 Pay | |
| C. Carey, 62 Chairman
of Director | $23K | Dollar amounts are as of 31-Oct-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|