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<SEC-DOCUMENT>0001047469-06-009150.txt : 20091102
<SEC-HEADER>0001047469-06-009150.hdr.sgml : 20091102
<ACCEPTANCE-DATETIME>20060630152820
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001047469-06-009150
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20060630

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING PRIME RATE TRUST
		CENTRAL INDEX KEY:			0000826020
		IRS NUMBER:				956874587
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		ING PRIME RATE TRUST
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		4804773000

	MAIL ADDRESS:	
		STREET 1:		ING PRIME RATE TRUST
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM AMERICA PRIME RATE TRUST
		DATE OF NAME CHANGE:	19960518

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM PRIME RATE TRUST/
		DATE OF NAME CHANGE:	19960518

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PILGRIM PRIME RATE TRUST
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.txt
<TEXT>
<Page>

             ING Prime Rate Trust and ING Funds Distributor, LLC
                       7337 East Doubletree Ranch Road
                         Scottsdale, Arizona  85258




                                                                  June 30, 2006
VIA EDGAR

Brion R. Thompson, Esq.
Division of Investment Management
U.S. Securities and Exchange Commission
100 F Street, NE
Washington, DC  20549


     Re:   ING Prime Rate Trust
           (SEC File Nos. 333-61831, 811-05410)
           (SEC FILE NOS. 333-68239, 811-05410)

Dear Mr. Thompson:

     Pursuant to Rule 461 under the Securities Act of 1933, ING Prime Rate
Trust (the "Trust") hereby requests that the effective date of the Trust's
Post -Effective Amendment No. 16 to each of the Registration Statements on
Form N-2 referred to above be accelerated so that they will become effective
on Friday June 30, 2006.

     Please call Dorothy Roman at 480.477.2669 with any questions.

                                              Sincerely,

                                              /s/ William H. Rivoir, III
                                              --------------------------
                                              William H. Rivoir, III
                                              Senior Vice President
                                              and Assistant Secretary
                                              ING Prime Rate Trust

                                              /s/ Michael J. Roland
                                              ---------------------
                                              Michael J. Roland
                                              Executive Vice President
                                              ING Funds Distributor, LLC

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