Shepherd Smith Edwards and Kantas Is Investigating Brokers That Sold This Risky Closed-Ended Investment

Priority Income Fund is facing scrutiny as an illiquid and highly risky closed-end fund backed by corporate debt, which has reportedly lost about half of its value as of 2026. Because many retail investors and retirees were allegedly misled about these risks by their brokers, a dedicated securities law firm is currently filing lawsuits to help individuals recover their financial losses.

If you suffered losses while in Priority Income Fund, you may want to speak with the Shepherd Smith Edwards and Kantas securities law firm (investorlawyers.com) today. We represent Priority Income Fund investors against brokerage firms.

What Is Priority Income Fund and Why Should Investors Be Worried?

• This closed-end fund is involved in risky, corporate debt-backed collateralized loan obligations (CLOs).
• This is an illiquid, private investment that always was unsuitable for retail investors and most retirees.
• There has never been a way to know its actual value or even verify its Net Asset Value (NAV), which is published regularly.
• According to the Fund’s prospectus, at least 80% of its assets are in “junk” grade investments.
• Other risks include its limited operating history, possible conflicts of interest, investor exposure to interest rate risk and leveraged credit risk, lack of asset diversification, and more.
• As early as the start of 2026, Priority Income Fund had already lost about half its value.
• Before its public debut, the Fund was offering limited share repurchase opportunities to generate liquidity, with demand exceeding repurchase caps. Unfortunately, not all investors could participate.
• Priority Income Fund investors are telling us they were never fully apprised of the actual level of risk involved, including that they could lose a lot of their money if anything went awry.

Why Hire Shepherd Smith Edwards and Kantas To Represent You In Your Priority Income Fund Loss Claim?

Our securities law firm has been investigating Priority Income Fund for some time now. We are well-versed in the financial challenges facing this closed-end fund, as well as the role certain brokerage firms may have played in contributing to an investor’s losses.

Our savvy Priority Income Fund investor recovery attorneys are filing FINRA lawsuits on behalf of investors seeking to sue their brokers for unsuitable investment recommendations, misrepresentations and omissions, negligence, breach of contract, and more. This includes a seven-figure claim against United Planners’ Financial Services of America A Limited Partnership and a six-figure Priority Income Fund investor lawsuit against Centaurus Financial.

Talk To Us About Your Priority Income Fund Losses Today

The Shepherd Smith Edwards and Kantas Securities law firm been fighting for investors against brokerage firms for decades. More than 90% of our clients have secured full or partial financial recovery through your skilled and committed efforts. Because we work on a contingency basis, we are only paid for our securities representation if we secure an award or settlement for you.

Call our securities law firm at (800) 259-9010 or contact us online to schedule your free, no obligation case assessment.