ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets |
||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: 144.5% |
|||||||||||||||||||
Aerospace & Defense: 1.5% |
|||||||||||||||||||
9,463,750 |
American Airlines, Inc., Class B Term Loan, 4.750%, 06/27/14 |
$ | 9,548,252 | 1.1 | |||||||||||||||
1,889,393 |
Data Device Corp. (DDC), Second Lien Term Loan, 7.500%, 07/11/18 |
1,875,222 | 0.2 | ||||||||||||||||
2,250,000 |
US Airways Group, Inc., Term Loan B1, 4.250%, 05/22/19 |
2,261,250 | 0.2 | ||||||||||||||||
13,684,724 | 1.5 | ||||||||||||||||||
Automotive: 3.5% |
|||||||||||||||||||
11,734,900 |
Chrysler Group LLC, Term Loan B, 4.250%, 05/24/17 |
11,843,964 | 1.3 | ||||||||||||||||
3,998,642 |
Fram Group Holdings Inc., First Lien Term Loan, 6.500%, 07/31/17 |
3,972,402 | 0.5 | ||||||||||||||||
3,742,140 |
Fram Group Holdings Inc., Second Lien Term Loan, 10.500%, 01/29/18 |
3,564,388 | 0.4 | ||||||||||||||||
EUR 1,985,000 |
Metaldyne, LLC, Term Loan E, 6.500%, 12/15/18 |
2,721,043 | 0.3 | ||||||||||||||||
3,602,500 |
Metaldyne, LLC, Upsized Term Loan B, 5.000%, 12/31/18 |
3,634,022 | 0.4 | ||||||||||||||||
1,266,904 |
Schrader International, Lux Term Loan, 5.000%, 04/27/18 |
1,279,573 | 0.1 | ||||||||||||||||
974,565 |
Schrader International, US Term Loan, 5.000%, 04/27/18 |
984,311 | 0.1 | ||||||||||||||||
820,875 |
TI Group Automotive Systems, L.L.C., Term Loan B, 5.500%, 03/31/19 |
829,084 | 0.1 | ||||||||||||||||
2,832,892 |
(1) |
UCI International, Inc., Term Loan B, 5.500%, 07/26/17 |
2,838,204 | 0.3 | |||||||||||||||
31,666,991 | 3.5 | ||||||||||||||||||
Building & Development: 3.0% |
|||||||||||||||||||
2,150,000 |
Capital Automotive L.P., Second Lien Term Loan, 6.000%, 04/30/20 |
2,219,875 | 0.2 | ||||||||||||||||
8,143,215 |
Capital Automotive L.P., Term Loan, 4.000%, 04/10/19 |
8,198,352 | 0.9 | ||||||||||||||||
1,800,000 |
Minimax Viking GmbH, Facility B1 Loan, 4.500%, 08/30/20 |
1,815,750 | 0.2 | ||||||||||||||||
4,279,950 |
NCI Building Systems, Inc., Term Loan, 4.250%, 06/24/19 |
4,293,325 | 0.5 | ||||||||||||||||
545,000 |
Quikrete Holdings, Second Lien Term Loan, 7.000%, 03/23/21 |
558,795 | 0.1 | ||||||||||||||||
4,350,000 |
Quikrete Holdings, Term Loan B, 4.000%, 09/23/20 |
4,376,022 | 0.5 | ||||||||||||||||
2,758,140 |
Roofing Supply Group, Term Loan B, 5.000%, 05/31/19 |
2,770,207 | 0.3 | ||||||||||||||||
2,565,539 |
Wilsonart LLC, Term Loan B, 5.500%, 10/31/19 |
2,548,434 | 0.3 | ||||||||||||||||
26,780,760 | 3.0 | ||||||||||||||||||
Business Equipment & Services: 16.3% |
|||||||||||||||||||
8,247,125 |
Acosta, Inc., Term LoanB, 5.000%, 03/05/18 |
8,314,132 | 0.9 | ||||||||||||||||
5,108,179 |
Advantage Sales & Marketing, Inc., Upsized First Lien Term Loan, 4.250%, 12/18/17 |
5,141,704 | 0.6 | ||||||||||||||||
2,027,143 |
Advantage Sales & Marketing, Inc., Upsized Second Lien Term Loan, 8.250%,
06/17/18 |
2,056,283 | 0.2 | ||||||||||||||||
2,000,000 |
AlixPartners LLP, Second Lien Term Loan, 9.000%, 07/09/21 |
2,046,250 | 0.2 | ||||||||||||||||
4,950,125 |
AlixPartners LLP, Term Loan B-2, 5.000%, 07/09/20 |
4,987,251 | 0.6 | ||||||||||||||||
2,000,000 |
Allflex Holdings III, Inc., First Lien Term Loan, 4.250%, 06/15/20 |
2,013,750 | 0.2 | ||||||||||||||||
1,300,000 |
Allflex Holdings III, Inc., Second Lien Term Loan, 8.000%, 06/15/21 |
1,321,125 | 0.2 | ||||||||||||||||
5,847,986 |
(1) |
Avaya Inc., Term B-3 Loan, 4.788%, 10/26/17 |
5,612,499 | 0.6 | |||||||||||||||
4,164,778 |
Avaya Inc., Term B-5 Loan, 8.000%, 03/30/18 |
4,153,995 | 0.5 | ||||||||||||||||
3,770,093 |
Catalent Pharma Solutions, Inc., Dollar term-2 loan, 5.250%, 09/15/17 |
3,796,484 | 0.4 | ||||||||||||||||
1,525,000 |
Coinmach Service Corp., First Lien Term Loan, 4.250%, 11/14/19 |
1,532,434 | 0.2 | ||||||||||||||||
6,384,000 |
CorpSource Finance Holdings, LLC, First Lien Term Loan, 5.250%, 04/30/18 |
6,437,868 | 0.7 | ||||||||||||||||
1,860,000 |
CorpSource Finance Holdings, LLC, Second Lien, 8.750%, 04/30/19 |
1,886,157 | 0.2 | ||||||||||||||||
EUR 645,000 |
(1) |
CPA Global Financing, First lien Term Loan Euro, 11/30/20 |
880,517 | 0.1 | |||||||||||||||
4,209,838 |
First American Payment Systems, First Lien Term Loan, 5.750%, 09/30/18 |
4,227,380 | 0.5 | ||||||||||||||||
750,000 |
First American Payment Systems, Second Lien, 10.750%, 03/30/19 |
748,594 | 0.1 | ||||||||||||||||
4,622,769 |
GCA Services, Term Loan B, 5.250%, 11/01/19 |
4,645,883 | 0.5 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: (continued) |
|||||||||||||||||||
Business Equipment & Services:
(continued) |
|||||||||||||||||||
10,242,328 |
Go Daddy Operating Company, LLC, Term Loan B-2, 4.250%, 12/17/18 |
$ | 10,268,959 | 1.2 | |||||||||||||||
1,000,000 |
Information Resources, Inc., Term Loan B, 4.750%, 09/30/20 |
1,007,500 | 0.1 | ||||||||||||||||
EUR 1,285,000 |
Intertrust Group, Term Loan B1 EUR, 4.612%, 02/04/20 |
1,763,754 | 0.2 | ||||||||||||||||
900,000 |
Intertrust Group, Term Loan B2 USD, 4.696%, 02/04/20 |
903,938 | 0.1 | ||||||||||||||||
1,296,750 |
ION Trading Technologies Limited, First lien Term Loan, 45.000%, 05/22/20 |
1,304,450 | 0.2 | ||||||||||||||||
1,300,000 |
ION Trading Technologies Limited, Second lien Term Loan, 8.250%,
05/21/21 |
1,313,270 | 0.2 | ||||||||||||||||
2,134,650 |
Learning Care Group, Term Loan, 6.000%, 05/08/19 |
2,145,323 | 0.2 | ||||||||||||||||
4,596,774 |
Legal Shield, First Lien Term Loan, 7.250%, 05/30/19 |
4,601,086 | 0.5 | ||||||||||||||||
2,000,000 |
Legal Shield, Second Lien Term Loan, 10.750%, 05/30/20 |
2,005,000 | 0.2 | ||||||||||||||||
4,912,458 |
Mercury Payment Systems LLC, Term Loan B Inc, 5.500%, 07/01/17 |
4,949,302 | 0.6 | ||||||||||||||||
3,000,000 |
Miller Heiman, Inc., Term Loan B, 6.750%, 09/30/19 |
2,988,000 | 0.3 | ||||||||||||||||
373,097 |
Misys (Magic Newco 2 S.a.r.l.), Term Loan B add-on, 5.000%, 12/01/18 |
375,838 | 0.0 | ||||||||||||||||
2,269,605 |
Property Data I, Inc., Term Loan B, 7.000%, 01/04/17 |
2,272,442 | 0.3 | ||||||||||||||||
7,960,392 |
Quintiles Transnational Corp., B-2, 4.500%, 06/08/18 |
7,978,637 | 0.9 | ||||||||||||||||
2,793,000 |
RentPath, Inc., Term Loan B, 6.250%, 05/29/20 |
2,755,434 | 0.3 | ||||||||||||||||
2,357,188 |
SGS International, Term Loan, 4.250%, 10/17/19 |
2,369,956 | 0.3 | ||||||||||||||||
1,130,000 |
Ship US Bidco, Inc. (Worldpay), Term Loan B2$, 5.250%, 11/30/19 |
1,141,300 | 0.1 | ||||||||||||||||
1,900,000 |
Ship US Bidco, Inc. (Worldpay), Term Loan B2$, 5.250%, 11/30/19 |
1,919,000 | 0.2 | ||||||||||||||||
GBP 1,710,000 |
Ship US Bidco, Inc. (Worldpay), Term Loan C1, 5.757%, 11/30/19 |
2,828,232 | 0.3 | ||||||||||||||||
780,000 |
Ship US Bidco, Inc. (Worldpay), Term Loan C2$, 4.750%, 11/29/19 |
786,094 | 0.1 | ||||||||||||||||
2,656,000 |
Spotless Group Ltd., First Lien Term Facility, 5.000%, 09/20/18 |
2,689,200 | 0.3 | ||||||||||||||||
1,032,000 |
Spotless Group Ltd., Second Lien Term Facility, 8.750%, 02/28/19 |
1,056,510 | 0.1 | ||||||||||||||||
1,940,385 |
(1) |
StoneRiver Group, LP, First Lien, 4.500%, 11/30/19 |
1,941,597 | 0.2 | |||||||||||||||
243,523 |
StoneRiver Group, LP, Second Lien, 8.500%, 05/31/20 |
246,415 | 0.0 | ||||||||||||||||
2,878,250 |
Sungard Data Systems Inc, Term Loan B, Tranche D, 4.500%, 01/31/20 |
2,901,187 | 0.3 | ||||||||||||||||
4,512,325 |
SurveyMonkey.com, LLC, Term Loan B, 5.500%, 02/07/19 |
4,565,909 | 0.5 | ||||||||||||||||
910,000 |
Sutherland Global Services, Term Loan Cayman, 7.250%, 03/06/19 |
913,413 | 0.1 | ||||||||||||||||
2,015,000 |
Sutherland Global Services, Term Loan US, 7.250%, 03/06/19 |
2,022,556 | 0.2 | ||||||||||||||||
5,232,282 |
Trans Union LLC, Term Loan, 4.250%, 02/15/19 |
5,266,621 | 0.6 | ||||||||||||||||
1,588,020 |
Transfirst Holdings, Inc., First Lien Term Loan, 6.250%, 12/27/17 |
1,592,652 | 0.2 | ||||||||||||||||
1,989,987 |
Vestcom International, Inc., Term Loan, 7.005%, 12/26/18 |
1,989,988 | 0.2 | ||||||||||||||||
995,000 |
Wash Multi-Family Services, USD Term Loan, 5.250%, 02/21/19 |
998,731 | 0.1 | ||||||||||||||||
2,474,487 |
Web.com Group, Inc., Term Loan, 5.500%, 10/27/17 |
2,504,386 | 0.3 | ||||||||||||||||
1,106,638 |
WIS International, First Lien, 5.753%, 12/20/18 |
1,111,479 | 0.1 | ||||||||||||||||
500,000 |
WIS International, Second Lien, 10.250%, 06/01/19 |
512,188 | 0.1 | ||||||||||||||||
145,792,653 | 16.3 | ||||||||||||||||||
Cable & Satellite Television: 3.9% |
|||||||||||||||||||
EUR 857,058 |
Numericable (YPSO France SAS), Total Facility B Acq 1-II, 4.867%, 06/16/16 |
1,169,037 | 0.1 | ||||||||||||||||
EUR 1,588,213 |
Numericable (YPSO France SAS), Total Facility B Acq 2-II, 4.869%, 06/16/16 |
2,166,340 | 0.2 | ||||||||||||||||
EUR 3,054,728 |
Numericable (YPSO France SAS), Total Facility B Recap 1-II, 4.867%,
06/16/16 |
4,166,682 | 0.5 | ||||||||||||||||
2,584,431 |
RCN Cable, Term LoanB, 5.250%, 02/25/20 |
2,601,393 | 0.3 | ||||||||||||||||
4,168,483 |
San Juan Cable LLC, First Lien, 6.000%, 06/09/17 |
4,194,536 | 0.5 | ||||||||||||||||
GBP 4,750,000 |
Virgin Media Investment Holdings Limited, Term Loan B GBP, 4.500%,
06/05/20 |
7,875,635 | 0.9 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: (continued) |
|||||||||||||||||||
Cable & Satellite Television: (continued) |
|||||||||||||||||||
12,294,842 |
Wideopenwest Finance, LLC, Term LoanB, 4.750%, 04/01/19 |
$ | 12,397,529 | 1.4 | |||||||||||||||
34,571,152 | 3.9 | ||||||||||||||||||
Chemicals & Plastics: 7.4% |
|||||||||||||||||||
2,560,000 |
Armacell, First lien Term Loan USD, 5.500%, 06/30/20 |
2,566,400 | 0.3 | ||||||||||||||||
5,610,938 |
Arysta LifeScience Corporation, First Lien Term Loan, 4.500%, 05/29/20 |
5,660,033 | 0.6 | ||||||||||||||||
EUR 1,243,750 |
Axalta Coating Systems (fka DuPont Performance Coatings), Term Loan B Eur, 5.250%, 02/03/20 |
1,716,198 | 0.2 | ||||||||||||||||
5,970,000 |
Axalta Coating Systems (fka DuPont Performance Coatings), Term Loan B USD, 4.750%,
02/03/20 |
6,031,192 | 0.7 | ||||||||||||||||
2,323,759 |
AZ Chem US Inc., Term Loan B, 5.256%, 12/22/17 |
2,346,996 | 0.3 | ||||||||||||||||
2,195,116 |
Cristal Inorganic Chemicals, Inc (aka Millenium Inorganic Chemicals), Second Lien Term Loan,
6.060%, 11/15/14 |
2,206,092 | 0.2 | ||||||||||||||||
650,000 |
Houghton International, Inc., Second Lien Term Loan, 9.500%, 12/20/20 |
656,500 | 0.1 | ||||||||||||||||
1,994,925 |
Houghton International, Inc., USD First Lien Term Loan, 5.250%,
12/20/19 |
2,003,653 | 0.2 | ||||||||||||||||
14,822,512 |
Ineos US Finance LLC, Cash Dollar Term Loan, 6.500%, 05/04/18 |
14,872,953 | 1.7 | ||||||||||||||||
EUR 996,145 |
Ineos US Finance LLC, Cash Euro Term Loan, 4.250%, 05/04/18 |
1,367,175 | 0.2 | ||||||||||||||||
1,995,000 |
MacDermid, Inc., First Lien Term Loan, 4.000%, 06/07/20 |
2,008,965 | 0.2 | ||||||||||||||||
656,746 |
Monarch (Allnex S.a.r.l.), First lien Term Loan B-1, 4.500%, 10/03/19 |
663,109 | 0.1 | ||||||||||||||||
340,754 |
Monarch (Allnex S.a.r.l.), First lien Term Loan B-2, 4.500%, 10/03/19 |
344,055 | 0.0 | ||||||||||||||||
EUR 997,500 |
Monarch (Allnex S.a.r.l.), First lien Term Loan Euro, 4.750%, 10/01/19 |
1,360,036 | 0.1 | ||||||||||||||||
250,000 |
Monarch (Allnex S.a.r.l.), Second Lien Term Loan, 8.250%, 04/01/20 |
257,656 | 0.0 | ||||||||||||||||
EUR 1,200,000 |
Oxea S.a.r.l., First lien Term Loan Euro, 4.500%, 12/04/19 |
1,641,431 | 0.2 | ||||||||||||||||
2,345,000 |
Oxea S.a.r.l., First lien Term Loan USD, 4.250%, 01/15/20 |
2,362,587 | 0.3 | ||||||||||||||||
1,100,000 |
Oxea S.a.r.l., Second lien Term Loan USD, 8.250%, 07/15/20 |
1,123,375 | 0.1 | ||||||||||||||||
795,467 |
Royal Adhesives & Sealants, First Lien Term Facility, 5.500%,
08/01/18 |
802,925 | 0.1 | ||||||||||||||||
6,483,750 |
Tronox Pigments (Netherlands) BV, Term Loan, 4.500%, 03/19/20 |
6,574,931 | 0.7 | ||||||||||||||||
7,052,920 |
Univar Inc., Term Loan B, 5.000%, 06/30/17 |
6,958,460 | 0.8 | ||||||||||||||||
2,915,600 |
Vantage Specialties Inc., Term Loan B, 5.000%, 02/10/19 |
2,922,889 | 0.3 | ||||||||||||||||
66,447,611 | 7.4 | ||||||||||||||||||
Clothing/Textiles: 0.7% |
|||||||||||||||||||
3,286,763 |
Herff Jones, Inc., First Lien Term Loan, 5.500%, 06/25/19 |
3,320,971 | 0.4 | ||||||||||||||||
148,149 |
Totes Isotoner Corporation, Delayed Draw First Lien Term Loan, 7.292%, 07/07/17 |
148,890 | 0.0 | ||||||||||||||||
1,433,434 |
Totes Isotoner Corporation, First Lien Add On, 7.255%, 07/07/17 |
1,440,601 | 0.2 | ||||||||||||||||
1,277,358 |
(1) |
Vince, LLC, Term Loan, 11/30/19 |
1,286,140 | 0.1 | |||||||||||||||
6,196,602 | 0.7 | ||||||||||||||||||
Conglomerates: 1.2% |
|||||||||||||||||||
2,584,894 |
Spectrum Brands, Inc., $US Term Loan, 4.507%, 12/17/19 |
2,598,077 | 0.3 | ||||||||||||||||
2,590,000 |
Waterpik, First Lien, 5.750%, 07/01/20 |
2,581,906 | 0.3 | ||||||||||||||||
5,144,084 |
WireCo WorldGroup, Inc., Term Loan B, 6.000%, 02/15/17 |
5,201,955 | 0.6 | ||||||||||||||||
10,381,938 | 1.2 | ||||||||||||||||||
Containers & Glass Products: 4.1% |
|||||||||||||||||||
530,000 |
Berlin Packaging, LLC, First Lien Term Loan, 4.750%, 04/02/19 |
534,306 | 0.1 | ||||||||||||||||
2,992,500 |
EveryWare, Inc., Term Loan, 7.500%, 04/17/20 |
3,023,673 | 0.3 | ||||||||||||||||
3,235,823 |
Husky Injection Molding Systems, Ltd, Incremental Term Loan, 5.750%,
06/30/18 |
3,263,237 | 0.4 | ||||||||||||||||
1,599,750 |
Otter Products, Term LoanB, 5.250%, 04/29/19 |
1,605,082 | 0.2 | ||||||||||||||||
2,745,183 |
Pro Mach, Inc, Term Loan, 5.000%, 07/06/17 |
2,760,624 | 0.3 | ||||||||||||||||
EUR 967,053 |
Reynolds Group Holdings Inc, Eur Term Loan, 5.000%, 09/28/18 |
1,326,734 | 0.1 | ||||||||||||||||
19,295,100 |
Reynolds Group Holdings Inc, USD Term Loan, 4.750%, 09/28/18 |
19,432,269 | 2.2 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: (continued) |
|||||||||||||||||||
Containers & Glass Products: (continued) |
|||||||||||||||||||
3,899,271 |
TricorBraun, Term Loan, 5.503%, 05/03/18 |
$ | 3,918,767 | 0.4 | |||||||||||||||
709,282 |
WNA Holdings Inc (a.k.a Waddington Group), USD Term Loan (Canadian Borrower), 4.500%, 06/07/20 |
714,159 | 0.1 | ||||||||||||||||
385,289 |
WNA Holdings Inc (a.k.a Waddington Group), USD Term Loan (US Borrower), 4.500%,
05/23/20 |
387,938 | 0.0 | ||||||||||||||||
36,966,789 | 4.1 | ||||||||||||||||||
Cosmetics/Toiletries: 1.0% |
|||||||||||||||||||
3,434,213 |
(1) |
KIK Custom Products, Inc., First Lien with incremental, 5.500%,
04/29/19 |
3,389,139 | 0.4 | |||||||||||||||
6,218,750 |
Sun Products Corporation, Term Loan B, 5.500%, 03/23/20 |
5,853,398 | 0.6 | ||||||||||||||||
9,242,537 | 1.0 | ||||||||||||||||||
Diversified Insurance: 4.6% |
|||||||||||||||||||
5,884,369 |
AmWINS Group, Inc., Term Loan B, 5.000%, 09/06/19 |
5,916,733 | 0.7 | ||||||||||||||||
3,371,623 |
Applied Systems Inc., First Lien Term Loan, 5.500%, 12/08/16 |
3,389,537 | 0.4 | ||||||||||||||||
1,700,000 |
Applied Systems Inc., Second Lien Term Loan, 9.500%, 06/08/17 |
1,720,541 | 0.2 | ||||||||||||||||
3,241,875 |
Cooper Gay Swett & Crawford, Ltd., First Lien Term Loan, 5.250%, 04/16/20 |
3,208,782 | 0.4 | ||||||||||||||||
1,400,000 |
Cooper Gay Swett & Crawford, Ltd., Second Lien Term Loan, 8.250%,
10/15/20 |
1,368,500 | 0.1 | ||||||||||||||||
11,000,000 |
Hub International Limited, Term Loan B, 4.750%, 10/02/20 |
11,135,212 | 1.2 | ||||||||||||||||
4,533,638 |
National Financial Partners Corp., Term Loan B, 5.250%, 07/01/20 |
4,577,559 | 0.5 | ||||||||||||||||
4,918,442 |
Sedgwick Holdings, Inc., First Lien Term Loan, 4.250%, 06/12/18 |
4,938,426 | 0.5 | ||||||||||||||||
5,111,375 |
USI, Inc., Term Loan B, 5.250%, 12/27/19 |
5,143,321 | 0.6 | ||||||||||||||||
41,398,611 | 4.6 | ||||||||||||||||||
Drugs: 0.2% |
|||||||||||||||||||
1,700,000 |
(1) |
Akorn, Inc, Term Loan, 11/01/20 |
1,707,970 | 0.2 | |||||||||||||||
Ecological Services & Equipment: 2.5% |
|||||||||||||||||||
5,130,889 |
4L Holdings Inc., Term Loan B, 6.765%, 05/07/18 |
5,131,915 | 0.6 | ||||||||||||||||
16,922,125 |
ADS Waste Holdings, Inc., Term Loan B, 4.250%, 10/09/19 |
17,035,436 | 1.9 | ||||||||||||||||
22,167,351 | 2.5 | ||||||||||||||||||
Electronics/Electrical: 15.8% |
|||||||||||||||||||
2,582,653 |
(1) |
Active Network, Inc., First Lien Term Loan, 11/18/20 |
2,594,489 | 0.3 | |||||||||||||||
1,940,351 |
Aspect Software, Inc., Term Loan, 7.000%, 05/09/16 |
1,950,844 | 0.2 | ||||||||||||||||
7,455,852 |
Attachmate Corporation, First Lien Term Loan, 7.272%, 11/22/17 |
7,533,908 | 0.8 | ||||||||||||||||
7,921,638 |
Blackboard Inc., Term Loan B-3, 4.750%, 10/04/18 |
8,013,236 | 0.9 | ||||||||||||||||
3,830,400 |
Blue Coat Systems, Inc., First Lien Term Loan, 4.500%, 05/31/19 |
3,854,340 | 0.4 | ||||||||||||||||
3,100,000 |
Blue Coat Systems, Inc., Second Lien Term Loan, 9.500%, 06/28/20 |
3,150,375 | 0.4 | ||||||||||||||||
EUR 7,700,000 |
BMC Software, Inc., Euro Term Loan, 5.500%, 08/19/20 |
10,555,483 | 1.2 | ||||||||||||||||
2,500,000 |
BMC Software, Inc., U.S. Term Loan, 5.000%, 08/19/20 |
2,525,260 | 0.3 | ||||||||||||||||
EUR 3,750,000 |
Dell International LLC, Euro Term Loans, 4.750%, 04/30/20 |
5,133,837 | 0.6 | ||||||||||||||||
18,000,000 |
Dell International LLC, Term B Loans, 4.250%, 04/30/20 |
17,856,792 | 2.0 | ||||||||||||||||
800,000 |
Digital Insight Corporation, First Lien Term Loan, 8.000%, 10/28/19 |
805,500 | 0.1 | ||||||||||||||||
250,000 |
Digital Insight Corporation, Second Lien Term Loan, 8.750%, 10/16/20 |
253,750 | 0.0 | ||||||||||||||||
4,056,223 |
Epicor Software Corporation, Term Loan, 5.000%, 05/16/18 |
4,085,123 | 0.5 | ||||||||||||||||
3,655,000 |
Epiq Systems, Inc., Term Loan, 4.750%, 08/26/20 |
3,655,000 | 0.4 | ||||||||||||||||
997,500 |
Eze Castle Software, Inc., First Lien Term Loan, 4.750%, 04/06/20 |
1,005,189 | 0.1 | ||||||||||||||||
225,000 |
Eze Castle Software, Inc., Second Lien Term Loan, 8.750%, 03/18/21 |
228,750 | 0.0 | ||||||||||||||||
5,686,475 |
Freescale Semiconductor, Inc., Tranche B-4 Term Loan, 5.000%, 03/01/20 |
5,761,701 | 0.6 | ||||||||||||||||
2,250,000 |
Freescale Semiconductor, Inc., Tranche B-5 Term Loan, 5.000%, 01/15/21 |
2,278,395 | 0.3 | ||||||||||||||||
EUR 2,487,500 |
Greeneden U.S. Holdings II, L.L.C., Euro Term Loan, 4.750%, 02/08/20 |
3,378,897 | 0.4 | ||||||||||||||||
1,860,938 |
Hyland Software, Inc., First Lien Term Loan, 5.500%, 10/25/19 |
1,872,103 | 0.2 | ||||||||||||||||
13,099,348 |
Infor (US), Inc., Term Loan B2, 5.340%, 04/05/18 |
13,198,956 | 1.5 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: (continued) |
|||||||||||||||||||
Electronics/Electrical: (continued) |
|||||||||||||||||||
10,238,048 |
Kronos Incorporated, First Lien Term Loan, 4.500%, 10/30/19 |
$ | 10,327,631 | 1.2 | |||||||||||||||
EUR 600,000 |
Oberthur Technologies, Tranche B-1 Term Loans, 6.000%, 10/15/19 |
825,809 | 0.1 | ||||||||||||||||
1,800,000 |
Oberthur Technologies, Tranche B-2 Term Loans, 5.750%, 10/15/19 |
1,805,625 | 0.2 | ||||||||||||||||
1,200,000 |
(1) |
Omnitracs Inc., First Lien Term Loan, 10/31/20 |
1,209,000 | 0.1 | |||||||||||||||
375,000 |
(1) |
Omnitracs Inc., Second Lien Term Loan, 04/30/21 |
375,781 | 0.0 | |||||||||||||||
4,836,848 |
Open Link Financial, Inc., Term Loan, 7.750%, 10/30/17 |
4,854,986 | 0.5 | ||||||||||||||||
8,344,139 |
RedPrairie Corporation, First Lien Term Loan, 6.750%, 12/21/18 |
8,429,532 | 0.9 | ||||||||||||||||
2,374,194 |
RedPrairie Corporation, Second Lien Term Loan, 11.250%, 12/20/19 |
2,475,097 | 0.3 | ||||||||||||||||
3,960,075 |
Sabre Inc., Term B Facility, 5.253%, 02/19/19 |
3,995,078 | 0.5 | ||||||||||||||||
3,937,404 |
Spansion LLC, Term Loan, 5.250%, 12/15/18 |
3,966,934 | 0.4 | ||||||||||||||||
1,105,263 |
Websense, Inc., Second Lien Term Loan, 8.250%, 12/27/20 |
1,110,789 | 0.1 | ||||||||||||||||
2,294,250 |
Websense, Inc., Term Loan B, 4.500%, 06/27/20 |
2,299,986 | 0.3 | ||||||||||||||||
141,368,176 | 15.8 | ||||||||||||||||||
Equipment Leasing: 0.4% |
|||||||||||||||||||
250,000 |
Brock Holdings, Inc., New Second Lien Term Loan, 10.000%, 03/16/18 |
253,592 | 0.0 | ||||||||||||||||
3,336,014 |
Brock Holdings, Inc., New Term Loan B, 6.011%, 03/16/17 |
3,354,085 | 0.4 | ||||||||||||||||
3,607,677 | 0.4 | ||||||||||||||||||
Equity REITs and REOCs: 0.2% |
|||||||||||||||||||
1,950,000 |
Guggenheim Partners Investment Management Holdings, LLC, Term Loan B, 4.250%,
07/31/20 |
1,968,037 | 0.2 | ||||||||||||||||
Financial Intermediaries: 0.5% |
|||||||||||||||||||
1,750,000 |
Duff & Phelps, Add-on Term Loan, 4.500%, 04/23/20 |
1,752,187 | 0.2 | ||||||||||||||||
1,268,625 |
MoneyGram International, Inc., Term Loan B, 4.250%, 03/27/20 |
1,277,823 | 0.1 | ||||||||||||||||
EUR 1,000,000 |
(1) |
Santander Asset Management, Term Loan B-2 EURO, 11/30/20 |
1,360,048 | 0.2 | |||||||||||||||
4,390,058 | 0.5 | ||||||||||||||||||
Food Products: 4.1% |
|||||||||||||||||||
5,458,750 |
Advance Pierre Foods, First Lien Term Loan B, 5.750%, 07/10/17 |
5,445,103 | 0.6 | ||||||||||||||||
4,000,000 |
Advance Pierre Foods, First Lien Term Loan, 9.500%, 10/10/17 |
3,980,000 | 0.5 | ||||||||||||||||
3,558,787 |
Atkins Nutritionals Holdings II, Inc., First Lien Term Loan, 6.250%,
01/02/19 |
3,603,272 | 0.4 | ||||||||||||||||
3,067,313 |
CSM Bakery Supplies, First Lien Term Loan, 4.750%, 07/03/20 |
3,082,649 | 0.4 | ||||||||||||||||
1,000,000 |
CSM Bakery Supplies, Second Lien Term Loan, 8.500%, 06/30/21 |
1,009,583 | 0.1 | ||||||||||||||||
EUR 8,500,000 |
D.E. Master Blenders, Term Loan B2, 4.250%, 10/01/18 |
11,710,510 | 1.3 | ||||||||||||||||
4,791,571 |
NPC International, Term Loan B, 4.500%, 12/28/18 |
4,833,498 | 0.5 | ||||||||||||||||
995,000 |
Reddy Ice Corporation, First Lien Term Loan, 6.750%, 04/01/19 |
994,378 | 0.1 | ||||||||||||||||
GBP 1,000,000 |
United Biscuits Holdco Limited, Facility B1 (GBP), 5.518%, 07/31/20 |
1,657,688 | 0.2 | ||||||||||||||||
36,316,681 | 4.1 | ||||||||||||||||||
Food Service: 1.2% |
|||||||||||||||||||
1,318,021 |
Hearthside Food Solutions, LLC, Term Loan, 6.503%, 06/07/18 |
1,326,258 | 0.1 | ||||||||||||||||
5,131,875 |
Landrys Restaurants, Term Loan, 4.750%, 04/24/18 |
5,169,297 | 0.6 | ||||||||||||||||
4,207,500 |
P.F. Changs China Bistro, Inc., Term LoanB, 5.250%, 06/30/19 |
4,231,167 | 0.5 | ||||||||||||||||
10,726,722 | 1.2 | ||||||||||||||||||
Food/Drug Retailers: 0.8% |
|||||||||||||||||||
1,954,286 |
Del Taco, Term Loan, 7.250%, 10/01/18 |
1,961,614 | 0.2 | ||||||||||||||||
4,969,664 |
Roundys Supermarkets, Inc., Term Loan B, 5.750%, 02/13/19 |
4,891,571 | 0.6 | ||||||||||||||||
6,853,185 | 0.8 | ||||||||||||||||||
Forest Products: 0.1% |
|||||||||||||||||||
746,250 |
Xerium Technologies, Inc., Term Loan B, 6.250%, 05/01/19 |
750,292 | 0.1 | ||||||||||||||||
Health Care: 11.9% |
|||||||||||||||||||
4,000,000 |
Aptalis Pharma Inc., Term B, 6.000%, 10/01/20 |
4,045,000 | 0.5 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: (continued) |
|||||||||||||||||||
Health Care: (continued) |
|||||||||||||||||||
1,265,438 |
ATI Physical Therapy, Term Loan B, 5.750%, 12/20/19 |
$ | 1,280,464 | 0.1 | |||||||||||||||
1,670,000 |
BSN Medical, Term Loan B1B, 4.000%, 08/28/19 |
1,678,350 | 0.2 | ||||||||||||||||
EUR 375,000 |
BSN Medical, Term Loan B2B, 4.250%, 08/28/19 |
517,818 | 0.1 | ||||||||||||||||
3,073,947 |
CHG Medical Staffing, Inc., New First Lien Term Loan, 4.250%, 11/19/19 |
3,095,081 | 0.3 | ||||||||||||||||
675,000 |
CHG Medical Staffing, Inc., Upsized Second Lien Term Loan, 9.000%,
11/19/20 |
686,812 | 0.1 | ||||||||||||||||
3,776,051 |
DJO Finance LLC, Tranche B-3 Term Loan, 6.250%, 09/15/17 |
3,823,252 | 0.4 | ||||||||||||||||
3,250,000 |
Envision Pharmaceutical Services, First lien Term Loan, 5.750%,
10/01/20 |
3,271,330 | 0.4 | ||||||||||||||||
1,250,000 |
Genex Services, Inc., First Lien Term LoanB, 5.250%, 07/26/18 |
1,262,500 | 0.1 | ||||||||||||||||
1,421,438 |
Harvard Drug Group LLC, Term Loan B-1, 5.000%, 08/15/20 |
1,431,210 | 0.2 | ||||||||||||||||
6,201,859 |
Iasis Healthcare LLC, Term B-2, 4.500%, 05/03/18 |
6,252,218 | 0.7 | ||||||||||||||||
4,898,193 |
Immucor, Inc., Term B-2 loan, 5.000%, 08/17/18 |
4,928,807 | 0.6 | ||||||||||||||||
10,815,818 |
Kinetic Concepts, Inc., D-1, 4.500%, 05/04/18 |
10,945,943 | 1.2 | ||||||||||||||||
5,653,438 |
MedSolutions Holdings, Inc., Term Loan B, 6.500%, 07/08/19 |
5,660,504 | 0.6 | ||||||||||||||||
9,628,125 |
Onex Carestream Finance LP, First Lien, 5.000%, 06/07/19 |
9,751,490 | 1.1 | ||||||||||||||||
3,025,000 |
Onex Carestream Finance LP, Second Lien, 9.500%, 11/30/19 |
3,060,293 | 0.3 | ||||||||||||||||
5,692,608 |
Par Pharmaceutical Companies, Term Loan B, 4.250%, 09/30/19 |
5,731,033 | 0.6 | ||||||||||||||||
5,305,905 |
Pharmaceutical Product Development, Inc., Term Loan B-1, 4.250%,
12/05/18 |
5,353,754 | 0.6 | ||||||||||||||||
1,475,000 |
PRA International, Term B, 5.000%, 10/01/20 |
1,481,601 | 0.2 | ||||||||||||||||
2,142,484 |
Press Ganey, First Lien, 4.250%, 04/20/18 |
2,147,840 | 0.2 | ||||||||||||||||
1,231,579 |
Press Ganey, Second Lien, 8.250%, 08/31/18 |
1,237,737 | 0.1 | ||||||||||||||||
3,147,755 |
Progressive Solutions, Inc., First Lien, 5.500%, 12/01/20 |
3,163,494 | 0.4 | ||||||||||||||||
997,500 |
Steward Health Care System LLC, Term Loan B, 6.750%, 03/30/20 |
999,994 | 0.1 | ||||||||||||||||
1,852,283 |
Surgical Care Affiliates LLC, Class C Term Loan, 5.500%, 06/29/18 |
1,858,071 | 0.2 | ||||||||||||||||
547,250 |
Truven Health, Inc., Term Loan B, 4.500%, 05/23/19 |
547,414 | 0.1 | ||||||||||||||||
721,375 |
United Surgical Partners International, Inc., Incremental Term Loan, 4.750%, 04/03/19 |
726,443 | 0.1 | ||||||||||||||||
4,925,374 |
United Surgical Partners International, Inc., Incremental Term Loan, 7.000%,
04/03/19 |
4,959,975 | 0.6 | ||||||||||||||||
16,128,125 |
Valeant Pharmaceuticals International, Inc., Series E Tranche B, 4.500%,
08/05/20 |
16,339,807 | 1.8 | ||||||||||||||||
106,238,235 | 11.9 | ||||||||||||||||||
Home Furnishings: 2.2% |
|||||||||||||||||||
11,922,240 |
AOT Bedding Super Holdings, LLC, Term Loan B, 5.003%, 10/01/19 |
11,976,260 | 1.3 | ||||||||||||||||
3,902,226 |
Hillman Group (The), Inc., Term Loan B, 4.250%, 05/31/17 |
3,931,493 | 0.5 | ||||||||||||||||
1,492,500 |
Hunter Fan Company, First Lien Term Loan, 6.500%, 12/31/17 |
1,496,231 | 0.2 | ||||||||||||||||
1,994,975 |
Monitronics International, Inc., Add-on Term Loan, 4.250%, 03/23/18 |
2,013,263 | 0.2 | ||||||||||||||||
19,417,247 | 2.2 | ||||||||||||||||||
Industrial Equipment: 6.7% |
|||||||||||||||||||
5,756,500 |
Accudyne Industries LLC, Term Loan, 4.000%, 12/13/19 |
5,766,844 | 0.6 | ||||||||||||||||
1,051,013 |
Alliance Laundry Systems LLC, First Lien Term Loan, 4.500%, 12/10/18 |
1,058,238 | 0.1 | ||||||||||||||||
1,339,875 |
Ameriforge Group Inc., First Lien Term Loan, 6.000%, 12/19/19 |
1,354,111 | 0.2 | ||||||||||||||||
582,500 |
Ameriforge Group Inc., Second Lien Term Loan, 9.750%, 01/30/21 |
598,519 | 0.1 | ||||||||||||||||
1,542,250 |
Apex Tool Group, Term Loan B, 4.500%, 01/31/20 |
1,552,565 | 0.2 | ||||||||||||||||
1,069,419 |
CeramTec GmbH, Dollar Term B-1 Loan, 4.250%, 08/30/20 |
1,080,113 | 0.1 | ||||||||||||||||
105,302 |
CeramTec GmbH, Dollar Term B-2 Loan, 4.250%, 08/30/20 |
106,355 | 0.0 | ||||||||||||||||
325,280 |
CeramTec GmbH, Dollar Term B-3 Loan, 4.250%, 08/30/20 |
328,532 | 0.0 | ||||||||||||||||
EUR 690,097 |
CeramTec GmbH, Euro Term B-1 Loan, 4.750%, 08/30/20 |
952,040 | 0.1 | ||||||||||||||||
EUR 209,903 |
CeramTec GmbH, Euro Term B-2 Loan, 4.750%, 08/30/20 |
289,577 | 0.0 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: (continued) |
|||||||||||||||||||
Industrial Equipment: (continued) |
|||||||||||||||||||
2,587,000 |
Doncasters Group Limited, First lien Term Loan USD, 5.500%, 04/09/20 |
$ | 2,614,487 | 0.3 | |||||||||||||||
2,363,718 |
Edwards (Cayman Islands II) Limited (aka BOC Edwards), Term Loan B, 4.750%,
03/26/20 |
2,369,259 | 0.3 | ||||||||||||||||
690,000 |
(1) |
Filtration Group Corporation, First Lien Term Loan, 11/30/20 |
697,331 | 0.1 | |||||||||||||||
EUR 3,428,571 |
Gardner Denver, Inc., Term Loan B Euro, 4.750%, 07/30/20 |
4,703,774 | 0.5 | ||||||||||||||||
5,250,000 |
Gardner Denver, Inc., Term Loan B USD, 42.500%, 07/30/20 |
5,231,804 | 0.6 | ||||||||||||||||
6,780,000 |
Harvey Gulf International Marine, LLC, Upsized Term Loan B, 5.500%,
06/15/20 |
6,803,310 | 0.8 | ||||||||||||||||
2,800,000 |
International Equipment Solutions, LLC, Term Loan, 6.750%, 08/31/19 |
2,777,250 | 0.3 | ||||||||||||||||
6,235,000 |
Rexnord Corporation / RBS Global, Inc., First Lien Term Loan, 4.000%,
08/30/20 |
6,247,963 | 0.7 | ||||||||||||||||
EUR 1,596,602 |
Schaeffler AG, Term Loan C EUR, 4.750%, 01/27/17 |
2,186,366 | 0.2 | ||||||||||||||||
6,300,000 |
Schaeffler AG, Term Loan C USD, 4.250%, 01/27/17 |
6,354,337 | 0.7 | ||||||||||||||||
412,925 |
Sensus Metering Systems Inc., New First Lien Term Loan, 4.750%, 05/09/17 |
414,215 | 0.0 | ||||||||||||||||
2,400,000 |
Sensus Metering Systems Inc., New Second Lien Term Loan, 8.500%,
05/09/18 |
2,394,000 | 0.3 | ||||||||||||||||
EUR 1,134,742 |
Terex Corporation, Term Loan Euro Tranche, 5.000%, 04/28/17 |
1,547,157 | 0.2 | ||||||||||||||||
2,983,886 |
Terex Corporation, Term Loan, 4.500%, 04/28/17 |
3,012,481 | 0.3 | ||||||||||||||||
60,440,628 | 6.7 | ||||||||||||||||||
Leisure Good/Activities/Movies: 3.9% |
|||||||||||||||||||
5,594,948 |
24 Hour Fitness Worldwide, Inc, Term LoanB, 7.500%, 04/22/16 |
5,656,727 | 0.6 | ||||||||||||||||
5,910,449 |
Delta2 Sarl Luxembourg (Formula One World Championship), Term Loan B, 4.500%,
04/30/19 |
5,976,416 | 0.7 | ||||||||||||||||
2,985,000 |
Equinox Holdings, Inc., First Lien Term Loan, 4.250%, 01/31/20 |
3,005,522 | 0.3 | ||||||||||||||||
4,546,825 |
FGI Operating, Add-On Term Loan, 5.500%, 04/19/19 |
4,609,344 | 0.5 | ||||||||||||||||
4,937,563 |
Getty Images, Inc, Term Loan B, 4.750%, 10/18/19 |
4,585,302 | 0.5 | ||||||||||||||||
285,714 |
NEP/NCP Holdco, Inc, Second Lien, 9.500%, 07/23/20 |
294,405 | 0.0 | ||||||||||||||||
645,125 |
NEP/NCP Holdco, Inc, Term LoanB, 4.750%, 01/22/20 |
648,996 | 0.1 | ||||||||||||||||
3,010,794 |
SRAM, LLC, First Lien Term Loan, 4.766%, 04/10/20 |
3,007,030 | 0.3 | ||||||||||||||||
950,000 |
TWCC Holding Corporation, Second Lien Term Loan, 7.000%, 06/26/20 |
975,531 | 0.1 | ||||||||||||||||
2,655,250 |
Wilton Brands, Inc., Term Loan, 7.500%, 08/31/18 |
2,542,402 | 0.3 | ||||||||||||||||
3,959,892 |
Zuffa, LLC, Term Loan, 5.750%, 02/25/20 |
3,999,491 | 0.5 | ||||||||||||||||
35,301,166 | 3.9 | ||||||||||||||||||
Lodging & Casinos: 9.1% |
|||||||||||||||||||
1,336,650 |
American Casino and Entertainment Properties LLC, First Lien Term Loan, 6.000%,
07/02/19 |
1,353,358 | 0.1 | ||||||||||||||||
3,000,000 |
Boyd Gaming Corporation, Term Loan B, 4.000%, 08/14/20 |
3,015,939 | 0.3 | ||||||||||||||||
6,397,965 |
Caesars Entertainment Operating Company, Inc., Term Loan B4 (Incremental), 9.500%, 10/31/16 |
6,431,452 | 0.7 | ||||||||||||||||
7,584,690 |
Caesars Entertainment Operating Company, Inc., Term Loan B5, 4.443%, 01/28/18 |
7,090,107 | 0.8 | ||||||||||||||||
6,570,774 |
Caesars Entertainment Operating Company, Inc., Term Loan B6, 5.454%, 01/28/18 |
6,256,316 | 0.7 | ||||||||||||||||
15,000,000 |
Caesars Entertainment Resort Properties, LLC, Term Loan, 7.000%,
10/15/20 |
14,775,000 | 1.6 | ||||||||||||||||
5,075,935 |
Cannery Casino Resorts, LLC, First Lien Term Loan, 6.000%, 10/02/18 |
5,035,328 | 0.6 | ||||||||||||||||
1,368,125 |
Centaur Acquisition, LLC, First Lien Term Loan, 5.250%, 02/21/19 |
1,383,508 | 0.2 | ||||||||||||||||
500,000 |
Centaur Acquisition, LLC, Second Lien Term Loan, 8.750%, 02/21/20 |
508,750 | 0.1 | ||||||||||||||||
5,000,000 |
CityCenter Holdings, LLC, Term Loan, 5.000%, 10/15/20 |
5,069,790 | 0.6 | ||||||||||||||||
535,170 |
ˆ, (2), (3) |
Fontainebleau Las Vegas, LLC, Delayed Draw Term Loan, 06/06/14 |
141,820 | 0.0 | |||||||||||||||
1,070,339 |
ˆ, (2), (3) |
Fontainebleau Las Vegas, LLC, Term Loan, 06/06/14 |
283,640 | 0.0 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: (continued) |
|||||||||||||||||||
Lodging & Casinos: (continued) |
|||||||||||||||||||
1,537,500 |
(1) |
Golden Nugget, Inc., Delayed Draw Term Loan, 11/21/19 |
$ | 1,553,336 | 0.2 | ||||||||||||||
3,587,500 |
(1) |
Golden Nugget, Inc., Term Loan, 11/21/19 |
3,625,574 | 0.4 | |||||||||||||||
800,000 |
Horseshoe Baltimore, Funded Term Loan B, 8.250%, 07/02/20 |
830,000 | 0.1 | ||||||||||||||||
2,977,500 |
Peppermill Casinos, Inc., Term Loan B, 7.250%, 10/31/19 |
3,035,809 | 0.3 | ||||||||||||||||
EUR 1,250,000 |
Scandic Hotels AB, Term Loan B2 (EUR), 2.022%, 07/09/15 |
1,656,339 | 0.2 | ||||||||||||||||
EUR 1,250,000 |
Scandic Hotels AB, Term Loan C2 (EUR), 2.847%, 07/08/16 |
1,656,339 | 0.2 | ||||||||||||||||
10,000,000 |
Scientific Games International, Inc., Term Loan B, 4.250%, 09/30/20 |
10,033,000 | 1.1 | ||||||||||||||||
7,213,750 |
Station Casinos LLC, Term Loan, 5.000%, 02/28/20 |
7,302,119 | 0.8 | ||||||||||||||||
608,056 |
Twin River Management Group, Inc., Term Loan B, 5.250%, 11/09/18 |
616,416 | 0.1 | ||||||||||||||||
81,653,940 | 9.1 | ||||||||||||||||||
Nonferrous Metals/Minerals: 1.4% |
|||||||||||||||||||
2,716,350 |
Constellium Holdco BV, Term Loan B USD, 6.250%, 03/25/20 |
2,791,050 | 0.3 | ||||||||||||||||
6,313,032 |
Fairmount Minerals, Ltd., Tranche B-2 Term Loans, 5.000%, 09/01/19 |
6,391,945 | 0.7 | ||||||||||||||||
897,750 |
Murray Energy Corporation, Term Loan B, 4.750%, 05/24/19 |
898,872 | 0.1 | ||||||||||||||||
645,088 |
Noranda Aluminum Acquisition Corp., Term Loan, 5.750%, 02/28/19 |
604,770 | 0.1 | ||||||||||||||||
987,500 |
Oxbow Carbon LLC, Term B Facility, 4.250%, 07/19/19 |
991,203 | 0.1 | ||||||||||||||||
500,000 |
TMS International, Term B Loan, 4.500%, 11/01/20 |
502,084 | 0.1 | ||||||||||||||||
12,179,924 | 1.4 | ||||||||||||||||||
Oil & Gas: 1.6% |
|||||||||||||||||||
4,415,000 |
Bronco Midstream Funding, LLC, Term Loan, 5.000%, 08/15/20 |
4,481,225 | 0.5 | ||||||||||||||||
487,509 |
Crestwood Holdings LLC, Term Loan, 7.000%, 05/30/19 |
500,916 | 0.0 | ||||||||||||||||
8,070,054 |
FTS International, Inc. (fka FracTech), Term Loan (HoldCo), 8.500%,
05/06/16 |
8,044,835 | 0.9 | ||||||||||||||||
1,700,000 |
Samson Investment Company, Second Lien Term Loan, 6.000%, 09/25/18 |
1,714,875 | 0.2 | ||||||||||||||||
14,741,851 | 1.6 | ||||||||||||||||||
Publishing: 4.9% |
|||||||||||||||||||
838,772 |
Caribe Media Inc., Term Loan, 10.000%, 11/18/14 |
812,036 | 0.1 | ||||||||||||||||
8,857,604 |
ˆ, (2), (3) |
Cengage Learning, Inc., Extended Term LoanB, 5.710%, 07/05/17 |
6,598,915 | 0.7 | |||||||||||||||
2,968,504 |
ˆ, (2), (3) |
Cengage Learning, Inc., Term Loan, 5.710%, 07/03/14 |
2,248,642 | 0.3 | |||||||||||||||
655,111 |
Cenveo Corporation, Term Loan B, 6.250%, 02/13/17 |
659,615 | 0.1 | ||||||||||||||||
1,299,722 |
Dex Media East, LLC, Term Loan, 6.000%, 12/30/16 |
885,435 | 0.1 | ||||||||||||||||
3,981,876 |
Dex Media West, LLC, Term Loan due 10/24/2014, 8.000%, 12/30/16 |
3,089,270 | 0.4 | ||||||||||||||||
1,515,303 |
ˆ, (3) |
HIBU PLC (fka Yell Group PLC), New Term Loan B (USD), 07/31/14 |
346,153 | 0.0 | |||||||||||||||
1,990,000 |
McGraw Hill Global Education, Term LoanB, 9.000%, 03/22/19 |
2,029,800 | 0.2 | ||||||||||||||||
1,262,627 |
Merrill Communications, LLC, Term Loan B, 7.250%, 03/08/18 |
1,282,355 | 0.1 | ||||||||||||||||
1,691,043 |
Nelson Canada, First Lien-C$ 330 mm, 2.810%, 07/03/14 |
1,288,012 | 0.1 | ||||||||||||||||
3,100,000 |
Penton Media, Inc, First Lien, 5.500%, 09/30/19 |
3,084,500 | 0.3 | ||||||||||||||||
650,000 |
Penton Media, Inc, Second Lien, 9.000%, 09/30/20 |
645,938 | 0.1 | ||||||||||||||||
6,409,597 |
R.H. Donnelley Corporation, Term Loan, 9.750%, 12/31/16 |
4,022,022 | 0.5 | ||||||||||||||||
7,500,000 |
Springer Science + Business Media S.A., Initial Term B1 Loan, 5.000%, 08/01/20 |
7,521,098 | 0.8 | ||||||||||||||||
EUR 1,875,000 |
Springer Science + Business Media S.A., Initial Term B2 Loan, 5.250%,
08/01/20 |
2,574,195 | 0.3 | ||||||||||||||||
9,307,729 |
SuperMedia, Inc., Term Loan, 11.000%, 12/30/16 |
6,864,450 | 0.8 | ||||||||||||||||
43,952,436 | 4.9 | ||||||||||||||||||
Radio & Television: 5.1% |
|||||||||||||||||||
10,921,330 |
Clear Channel Communications, Inc., Term LoanB, 3.854%, 01/29/16 |
10,588,349 | 1.2 | ||||||||||||||||
5,448,513 |
Cumulus Media Holdings Inc., First Lien Term Loan B, 4.500%, 09/17/18 |
5,488,789 | 0.6 | ||||||||||||||||
3,113,425 |
FoxCo Acquisition, LLC, Term Loan B, 5.500%, 07/31/17 |
3,128,968 | 0.4 | ||||||||||||||||
802,162 |
Gray Television, Inc., Term Loan B, 4.750%, 10/31/19 |
807,510 | 0.1 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: (continued) |
|||||||||||||||||||
Radio & Television: (continued) |
|||||||||||||||||||
492,883 |
Hubbard Radio LLC, Tranche 1 Term Loan, 4.500%, 04/29/19 |
$ | 496,579 | 0.1 | |||||||||||||||
1,275,000 |
Learfield Communications, Inc, First Lien Term Loan, 5.000%, 10/08/20 |
1,282,969 | 0.1 | ||||||||||||||||
250,000 |
Learfield Communications, Inc, Second Lien Term Loan, 8.750%, 10/08/21 |
256,250 | 0.0 | ||||||||||||||||
2,500,000 |
Media General, Inc, DDTerm Loan-B, 5.500%, 07/31/20 |
2,519,987 | 0.3 | ||||||||||||||||
1,703,333 |
Salem Communications Corporation, Term Loan B, 4.500%, 03/31/20 |
1,713,979 | 0.2 | ||||||||||||||||
4,664,063 |
Univision Communications, Inc., New First Lien Term Loan 2020, 4.000%, 03/01/20 |
4,676,973 | 0.5 | ||||||||||||||||
14,427,500 |
Univision Communications, Inc., Term LoanC 2, 4.750%, 03/02/20 |
14,504,788 | 1.6 | ||||||||||||||||
45,465,141 | 5.1 | ||||||||||||||||||
Retailers (Except Food & Drug): 14.8% |
|||||||||||||||||||
4,905,706 |
99 Cents Only Stores, Term Loan Facility, 4.500%, 01/15/19 |
4,948,018 | 0.6 | ||||||||||||||||
5,895,450 |
Academy Ltd., Term Loan (2012 refi), 4.750%, 08/03/18 |
5,938,611 | 0.7 | ||||||||||||||||
EUR 2,285,000 |
Action Holding B.V., Facility C, 5.221%, 09/30/19 |
3,119,350 | 0.3 | ||||||||||||||||
GBP 3,000,000 |
B&M Retail Ltd, Facility B, 6.006%, 02/28/20 |
4,934,194 | 0.5 | ||||||||||||||||
22,899,378 |
(1) |
BJs Wholesale Club, First Lien Term Loan, 4.500%, 09/26/19 |
23,022,195 | 2.6 | |||||||||||||||
4,000,000 |
(1) |
BJs Wholesale Club, Second Lien Term Loan, 4.500%, 03/26/20 |
4,088,752 | 0.5 | |||||||||||||||
5,470,566 |
Burlington Coat Factory, Term Loan B2, 4.250%, 02/23/17 |
5,505,578 | 0.6 | ||||||||||||||||
4,569,428 |
Guitar Center, Inc., Extended Term Loan maturing 04/17, 5.560%,
04/10/17 |
4,455,193 | 0.5 | ||||||||||||||||
5,395,602 |
Harbor Freight Tools USA, Inc., Term Loan, 4.750%, 07/26/19 |
5,463,695 | 0.6 | ||||||||||||||||
10,763,158 |
(1) |
Hudsons Bay Company, Term Loan, 4.750%, 10/15/20 |
10,921,915 | 1.2 | |||||||||||||||
4,871,600 |
Leslies Poolmart, Inc., Term Loan, 5.250%, 10/16/19 |
4,898,394 | 0.5 | ||||||||||||||||
16,000,000 |
Neiman Marcus Group, Inc, Term Loan, 5.000%, 10/31/20 |
16,118,848 | 1.8 | ||||||||||||||||
1,759,643 |
Northern Tool & Equipment Company, Inc., Term Loan, 7.018%,
12/10/19 |
1,751,900 | 0.2 | ||||||||||||||||
6,062,306 |
Ollies Holdings, Inc., Term Loan, 6.250%, 09/25/19 |
6,085,039 | 0.7 | ||||||||||||||||
5,593,496 |
OneStopPlus, Term LoanB Add-on, 5.500%, 02/05/20 |
5,635,447 | 0.6 | ||||||||||||||||
5,917,500 |
Party City Holdings Inc, Term Loan B, 4.250%, 07/29/19 |
5,948,472 | 0.7 | ||||||||||||||||
2,737,379 |
Pep Boys, Term Loan B, 5.000%, 10/11/18 |
2,751,066 | 0.3 | ||||||||||||||||
6,320,160 |
Savers, Term LoanB, 5.000%, 07/09/19 |
6,341,225 | 0.7 | ||||||||||||||||
4,038,500 |
Sleepys Holdings, LLC, Term Loan, 7.250%, 03/30/19 |
4,063,741 | 0.5 | ||||||||||||||||
6,892,566 |
Toys R Us, Inc., Term Loan B-1, 6.000%, 09/01/16 |
6,415,828 | 0.7 | ||||||||||||||||
132,407,461 | 14.8 | ||||||||||||||||||
Steel: 1.7% |
|||||||||||||||||||
14,714,156 |
FMG Resources (August 2006) Pty Ltd, Term Loan, 4.250%, 06/30/19 |
14,879,690 | 1.7 | ||||||||||||||||
Surface Transport: 0.7% |
|||||||||||||||||||
2,779,000 |
Baker Tanks, Inc., Term Loan, 4.250%, 02/15/20 |
2,772,052 | 0.3 | ||||||||||||||||
3,580,745 |
Wabash National Corporation, Term Loan B, 6.101%, 05/15/19 |
3,608,722 | 0.4 | ||||||||||||||||
6,380,774 | 0.7 | ||||||||||||||||||
Telecommunications: 6.9% |
|||||||||||||||||||
EUR 1,414,313 |
Alcatel-Lucent, Euro Term Loan, 7.750%, 01/30/19 |
1,926,655 | 0.2 | ||||||||||||||||
1,787,747 |
Alcatel-Lucent, US Term Loan, 7.250%, 01/30/19 |
1,808,306 | 0.2 | ||||||||||||||||
15,861,737 |
Asurion, LLC, Incremental Tranche B-1 Term Loan, 4.500%, 05/24/19 |
15,885,482 | 1.8 | ||||||||||||||||
4,668,300 |
Asurion, LLC, Incremental Tranche B-2 Term Loan, 3.500%, 07/08/20 |
4,601,609 | 0.5 | ||||||||||||||||
3,970,000 |
Consolidated Communications, Inc., Term Loan B-3, 5.250%, 12/31/18 |
3,999,755 | 0.4 | ||||||||||||||||
1,720,688 |
Cricket Communications, Inc., Term Loan C, 4.750%, 04/16/20 |
1,729,829 | 0.2 | ||||||||||||||||
4,540,627 |
Global Tel*Link Corporation, First Lien Term Loan, 5.000%, 05/23/20 |
4,461,165 | 0.5 | ||||||||||||||||
1,700,000 |
Global Tel*Link Corporation, Second Lien Term Loan, 9.000%, 11/23/20 |
1,636,250 | 0.2 | ||||||||||||||||
2,692,810 |
Hawaiian Telcom Communications, Inc., Term Loan B, 7.000%, 06/06/19 |
2,705,601 | 0.3 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Principal Amount |
|
|
Borrower/Tranche Description |
|
Fair Value |
|
Percentage of Net Assets | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SENIOR LOANS*: (continued) |
|||||||||||||||||||
Telecommunications: (continued) |
|||||||||||||||||||
3,300,000 |
Level 3 Financing, Inc, Term Loan B-4, 4.000%, 01/15/20 |
$ | 3,328,875 | 0.4 | |||||||||||||||
3,840,375 |
Lightower Fiber Networks, First Lien, 4.500%, 04/13/20 |
3,858,379 | 0.4 | ||||||||||||||||
615,000 |
Securus Technologies, Inc., First Lien Term Loan, 4.750%, 04/30/20 |
609,619 | 0.1 | ||||||||||||||||
3,052,127 |
Syniverse Holdings, Inc., Initial Term Loan, 5.000%, 04/23/19 |
3,064,207 | 0.3 | ||||||||||||||||
5,987,547 |
U.S. Telepacific Corp, First Lien Term Loan, 5.750%, 02/23/17 |
6,001,019 | 0.7 | ||||||||||||||||
6,224,467 |
Zayo Group, LLC, Term Loan B, 4.500%, 07/02/19 |
6,238,734 | 0.7 | ||||||||||||||||
61,855,485 | 6.9 | ||||||||||||||||||
Utilities: 0.6% |
|||||||||||||||||||
3,736,640 |
ˆ,(2),(3) |
Longview Power, LLC, Extended Term Loan, 7.250%, 10/31/17 |
1,933,711 | 0.2 | |||||||||||||||
1,335,007 |
Race Point Power, Race Point Power II Term Loan, 7.750%, 01/11/18 |
1,338,344 | 0.1 | ||||||||||||||||
2,590,000 |
Utility Services Associates, Term Loan, 6.750%, 10/30/20 |
2,573,813 | 0.3 | ||||||||||||||||
5,845,868 | 0.6 | ||||||||||||||||||
Total Senior Loans (Cost $1,290,814,355) |
1,293,746,363 | 144.5 | |||||||||||||||||
Shares |
|
|
|
Value |
|
Percentage of Net Assets |
|||||||||||||
EQUITIES AND OTHER ASSETS: 0.3% |
|||||||||||||||||||
154 |
@, X |
AR Broadcasting (Warrants) |
| 0.0 | |||||||||||||||
888,534 |
@, R, X |
Ascend Media (Residual Interest) |
| 0.0 | |||||||||||||||
3,160 |
@, X |
Caribe Media Inc. |
| 0.0 | |||||||||||||||
117,133 |
@ |
Cumulus Media Inc . (Class A Common Shares) |
817,588 | 0.1 | |||||||||||||||
14,294 |
@ |
Dex Media Inc. |
103,774 | 0.0 | |||||||||||||||
9 |
@, X |
Faith Media Holdings, Inc. (Residual Interest) |
174,607 | 0.0 | |||||||||||||||
92,471 |
@ |
Glodyne Techoserve, Ltd. |
13,718 | 0.0 | |||||||||||||||
498,762 |
@, X |
GTS Corp. |
| 0.0 | |||||||||||||||
31,238 |
@ |
Hawaiian Telcom |
947,449 | 0.1 | |||||||||||||||
291 |
@, R, X |
Lincoln Paper & Tissue, LLC |
| 0.0 | |||||||||||||||
5,933,579 |
@, R, X |
Lincoln Pulp and Eastern Fine (Residual Interest in Bankruptcy Estate) |
| 0.0 | |||||||||||||||
9,788 |
@ |
Mega Brands |
135,506 | 0.0 | |||||||||||||||
106,702 |
@, X |
Northeast Biofuels (Residual Interest) |
| 0.0 | |||||||||||||||
57,804 |
@, R, X |
Safelite Realty Corporation |
273,413 | 0.1 | |||||||||||||||
19,404 |
@, X |
U.S. Shipping Partners, L.P. |
| 0.0 | |||||||||||||||
275,292 |
@, X |
U.S. Shipping Partners, L.P. (Contingency Rights) |
| 0.0 | |||||||||||||||
Total Equities and Other Assets (Cost $1,519,593) |
2,466,055 | 0.3 | |||||||||||||||||
Total Investments (Cost $1,292,333,948) |
$ | 1,296,212,418 | 144 .8 | ||||||||||||||||
Liabilities in Excess of Other Assets |
(401,280,063 | ) | (44 ..8 | ) | |||||||||||||||
Net Assets |
$ | 894,932,355 | 100 ..0 |
* |
Senior loans, while exempt from registration under the Securities Act of 1933, as amended, contain certain restrictions on resale and cannot be sold publicly. These senior loans bear interest (unless otherwise noted) at rates that float periodically at a margin above the London Inter-Bank Offered Rate (LIBOR) and other short-term rates. |
|
Unless otherwise indicated, principal amount is shown in USD. |
@ |
Non-income producing security |
R |
Restricted Security |
X |
Fair value determined by ING Funds Valuation Committee appointed by the Board of Directors/Trustees. |
ˆ |
This Senior Loan Interest is non-income producing. |
(1) |
Trade pending settlement. Contract rates that are not disclosed do not take effect until settlement date and have yet to be determined. |
(2) |
The borrower filed for protection under Chapter 11 of the U.S. Federal Bankruptcy code. |
(3) |
Loan is on non-accrual basis. |
EUR |
EU Euro |
GBP |
British Pound |
Cost for federal income tax purposes is $1,292,465,617. |
Net unrealized appreciation consists of: |
||||||
Gross Unrealized Appreciation |
$ | 17,318,902 | ||||
Gross Unrealized Depreciation |
(13,572,101 | ) | ||||
Net Unrealized Appreciation |
$ | 3,746,801 |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
Quoted Prices in Active Markets for Identical Investments (Level 1) |
Significant Other Observable Inputs (Level 2) |
Significant Unobservable Inputs (Level 3) |
Fair Value at November 30, 2013 |
|||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asset Table |
||||||||||||||||||
Investments, at fair value |
||||||||||||||||||
Equities and Other Assets |
$ | 2,004,317 | $ | 13,718 | $ | 448,020 | $ | 2,466,055 | ||||||||||
Senior Loans |
| 1,293,746,363 | | 1,293,746,363 | ||||||||||||||
Total Investments, at fair value |
$ | 2,004,317 | $ | 1,293,760,081 | $ | 448,020 | $ | 1,296,212,418 | ||||||||||
Liabilities Table |
||||||||||||||||||
Other Financial Instruments+ |
||||||||||||||||||
Forward Foreign Currency Contracts |
$ | | $ | (1,051,139 | ) | $ | | $ | (1,051,139 | ) | ||||||||
Total Liabilities |
$ | | $ | (1,051,139 | ) | $ | | $ | (1,051,139 | ) |
+ |
Other Financial Instruments are derivatives not reflected in the Portfolio of Investments and may include open forward foreign currency contracts and unfunded commitments which are fair valued at the unrealized gain (loss) on the instrument. |
Counterparty |
|
Currency |
|
Contract Amount |
|
Buy/Sell |
|
Settlement Date |
|
In Exchange For |
|
Fair Value |
|
Unrealized Appreciation (Depreciation) |
||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
State Street Bank |
EU Euro |
56,460,000 |
Sell |
12/18/13 |
$ | 76,005,605 | $ | 76,691,924 | $ | (686,319 | ) | |||||||||||||||||||
State Street Bank |
British Pound |
10,610,000 |
Sell |
12/18/13 |
16,997,113 | 17,361,933 | (364,820 | ) | ||||||||||||||||||||||
$ | (1,051,139 | ) |
Derivatives not accounted for as hedging instruments |
Location on Statement of Assets and Liabilities |
Fair Value | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Liability Derivatives |
||||||||||
Foreign exchange contracts |
Unrealized depreciation on forward foreign currency contracts |
$ | 1,051,139 | |||||||
Total Liability Derivatives |
$ | 1,051,139 |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income |
||||||
---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Foreign currency related transactions* |
|||||
Foreign exchange contracts |
$ | (1,022,279 | ) | |||
Total |
$ | (1,022,279 | ) |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income |
||||||
---|---|---|---|---|---|---|
Derivatives not accounted for as hedging
instruments |
Foreign currency related transactions* |
|||||
Foreign exchange contracts |
$ | (1,682,310 | ) | |||
Total |
$ | (1,682,310 | ) |
* |
Amounts recognized for forward foreign currency contracts are included in net realized gain (loss) on foreign currency related transactions and net change in unrealized appreciation or depreciation on foreign currency related transactions. |
ING PRIME RATE TRUST |
PORTFOLIO OF INVESTMENTS as of November 30, 2013 (Unaudited) (Continued) |
State Street Bank |
||||||
---|---|---|---|---|---|---|
Liabilities: |
||||||
Forward foreign currency contracts |
$ | 1,051,139 | ||||
Total Liabilities |
$ | 1,051,139 | ||||
Net OTC derivative instruments by counterparty, at fair value |
$ | (1,051,139 | ) | |||
Total collateral pledged by Trust/(Received from counterparty) |
$ | | ||||
Net Exposure(1) |
$ | (1,051,139 | ) |
(1) |
Positive net exposure represents amounts due from each respective counterparty. Negative exposure represents amounts due from the Trust. Please refer to Note 2 for additional details regarding counterparty credit risk and credit related contingent features. |
(a) |
Based on our evaluation conducted within 90 days of the filing date, hereof, the design and operation of the registrants disclosure controls and procedures are effective to ensure that material information relating to the registrant is made known to the certifying officers by others within the appropriate entities, particularly during the period in which Forms N-Q are being prepared, and the registrants disclosure controls and procedures allow timely preparation and review of the information for the registrants Form N-Q and the officer certifications of such Form N-Q. |
(b) |
There were no significant changes in the registrants internal controls over financial reporting that occurred during the registrants last fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting. |
(Registrant): |
ING Prime Rate Trust |
By |
/s/ Shaun P. Mathews |
||||||||||
Shaun P. Mathews President and Chief Executive Officer |
|||||||||||
Date: |
January 24, 2014 |
By |
/s/ Shaun P. Mathews |
||||||||||
Shaun P. Mathews President and Chief Executive Officer |
|||||||||||
Date: |
January 24, 2014 |
||||||||||
By |
/s/ Todd Modic |
||||||||||
Todd Modic Senior Vice President and Chief Financial Officer |
|||||||||||
Date: |
January 24, 2014 |