<SEC-DOCUMENT>0001321927-13-000006.txt : 20130521
<SEC-HEADER>0001321927-13-000006.hdr.sgml : 20130521
<ACCEPTANCE-DATETIME>20130521163252
ACCESSION NUMBER:		0001321927-13-000006
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20130521
FILED AS OF DATE:		20130521
DATE AS OF CHANGE:		20130521

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DePrince Albert E JR
		CENTRAL INDEX KEY:			0001577211

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05410
		FILM NUMBER:		13862259

	MAIL ADDRESS:	
		STREET 1:		3029 ST. JOHNS DRIVE
		CITY:			MURFREESBORO
		STATE:			TN
		ZIP:			37129

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ING PRIME RATE TRUST
		CENTRAL INDEX KEY:			0000826020
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				956874587
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0228

	BUSINESS ADDRESS:	
		STREET 1:		ING PRIME RATE TRUST
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD, STE 100
		CITY:			SCOTTSDALE
		STATE:			AZ
		ZIP:			85258
		BUSINESS PHONE:		4804773000

	MAIL ADDRESS:	
		STREET 1:		ING PRIME RATE TRUST
		STREET 2:		7337 E. DOUBLETREE RANCH ROAD, STE 100
		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>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2013-05-21</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000826020</issuerCik>
        <issuerName>ING PRIME RATE TRUST</issuerName>
        <issuerTradingSymbol>PPR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001577211</rptOwnerCik>
            <rptOwnerName>DePrince Albert E JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3029 ST. JOHNS DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MURFREESBORO</rptOwnerCity>
            <rptOwnerState>TN</rptOwnerState>
            <rptOwnerZipCode>37129</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <ownerSignature>
        <signatureName>Deborah Hammalian</signatureName>
        <signatureDate>2013-05-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>deprince.txt
<DESCRIPTION>POA
<TEXT>






AUTHORIZATION

The undersigned hereby authorizes and appoints Gerald T. Lins,
Deborah Hammalian, Sal DiGangi, and Brenda DeBlasio,
Madeline Russo and each of them, to act severally as attorneys
in fact and agents to execute the Initial Statement
of Beneficial Ownership on Form 3 and any subsequent Statement of
Changes in Beneficial Ownership on Form 4 or
Annual Statement of Changes in Beneficial Ownership on Form 5
with respect to securities of the any closed-end
investment company registered under the Investment
Company Act of 1940, managed by ING Investment Management Co.
and filing the same, and other documents in connection therewith,
with the Securities and Exchange Commission and hereby ratifies and
confirms all that said attorney-in-fact and agent may lawfully do or
cause to be done by virtue hereof.


/s Albert E.DePrince, Jr.




</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
