Earnings summaries and quarterly performance for PROSPECT CAPITAL.
Executive leadership at PROSPECT CAPITAL.
Board of directors at PROSPECT CAPITAL.
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Recent press releases and 8-K filings for PSEC.
Prospect Enhanced Yield Fund Declares Monthly Cash Distributions
PSEC
Dividends
- Prospect Enhanced Yield Fund (PENF) announced monthly cash shareholder distributions for October, November, and December 2025, marking the first three monthly distributions paid by the Fund.
- The annualized total cash distribution is $2.28 per share, representing a 9.0% annualized rate based on the $25.29 per common share net asset value as of October 20, 2025.
- Each monthly distribution is $0.19 per share, totaling $0.57 on a quarterly basis.
- The distributions for October and November 2025 are expected to be a return of income, with no portion anticipated to be a return of capital.
Dec 8, 2025, 3:21 PM
Prospect Capital Announces Q1 2026 Financial Results and Distributions
PSEC
Earnings
Dividends
Debt Issuance
- For the fiscal quarter ended September 30, 2025, Prospect Capital reported Net Investment Income of $79,350 thousand and Net Investment Income per common share of $0.17. Net Income Applicable to Common Shareholders was $48,087 thousand, or $0.10 per common share.
- The company declared monthly common shareholder distributions of $0.0450 per share for November 2025, December 2025, and January 2026. For the quarter ended September 30, 2025, distributions per common share totaled $0.135.
- As of September 30, 2025, Net Asset Value (NAV) per common share was $6.45, and Total Assets were $6,641,870 thousand. The portfolio continued its focus on first lien senior secured middle market loans, which constituted 71.1% of investments at cost.
- Prospect Capital successfully completed the institutional issuance of approximately $168 million in senior unsecured 5.5% Series A Notes due 2030 on October 30, 2025. As of September 30, 2025, the Net of Cash Debt to Total Assets Ratio was 28.2%, and Balance Sheet Cash plus Undrawn Revolving Credit Facility Commitments amounted to $1,524,462 thousand.
Nov 6, 2025, 9:42 PM
Prospect Capital Corporation Issues $167 Million in 5.5% Series A Notes
PSEC
Debt Issuance
New Projects/Investments
- On October 30, 2025, Prospect Capital Corporation issued approximately $167 million in 5.5% Series A Notes due 2030 under a deed of trust dated October 28, 2025.
- The Notes are general senior unsecured obligations maturing on December 31, 2030, with interest payable quarterly at 5.5% per annum, commencing March 31, 2026.
- The estimated net proceeds of approximately $160 million will primarily be used for refinancing existing indebtedness and for other long-term investments.
- The Deed of Trust includes financial covenants requiring the ratio of Financial Debt to total Balance Sheet not to exceed 67%, Total Equity not to fall below $2,800,000 thousands, and the ratio of Total Equity to total Balance Sheet not to be less than 23%.
- Failure to comply with these financial covenants for two consecutive quarters constitutes an event of default, potentially triggering immediate repayment of the Notes.
Oct 31, 2025, 8:21 PM
Prospect Capital's NPRC Announces Sale of Crown Point Apartments
PSEC
New Projects/Investments
- National Property REIT Corp. (NPRC), a wholly owned portfolio company of Prospect Capital Corporation (PSEC), announced the sale of Crown Point Apartments in Danbury, Connecticut.
- The property was sold for $151.75 million, achieving a 19.1% internal rate of return and a 2.6x cash-on-cash multiple on the investment.
- NPRC's current multifamily portfolio consists of 44 properties with a market value of $3.2 billion, and Prospect Capital Corporation had $6.8 billion of total assets as of June 30, 2025.
Oct 29, 2025, 11:00 AM
Prospect Capital Corporation Prices $167 Million Unsecured Notes Offering
PSEC
Debt Issuance
- Prospect Capital Corporation (PSEC) priced an institutional offering of approximately $167 million in aggregate principal amount of 5.5% Series A Notes due 2030 on October 27, 2025.
- The Notes will bear interest at a rate of 5.5% per annum, payable quarterly, and will mature on December 31, 2030.
- The offering is expected to close on October 30, 2025, with the Notes and common stock anticipated to list and commence trading on the Tel Aviv Stock Exchange (TASE) on November 2, 2025.
- The Notes are rated ilAA- by S&P Global Ratings Maalot Ltd., and the proceeds will primarily be used for refinancing existing indebtedness.
Oct 28, 2025, 11:11 AM
Prospect Enhanced Yield Fund Announces 9.0% Annualized Total Cash Distribution Rate
PSEC
Dividends
New Projects/Investments
- Prospect Enhanced Yield Fund (PENF) declared its first monthly cash shareholder distributions for October, November, and December 2025.
- The fund announced an annualized total cash distribution of $2.28 per share, equating to a 9.0% annualized rate based on the October 20, 2025 net asset value of $25.29 per common share.
- PENF's net asset value per share has increased by 1.2% from $25.00 at its August 6, 2025 inception to $25.29 as of October 20, 2025.
- Each monthly distribution is $0.19 per share, totaling $0.57 quarterly.
Oct 27, 2025, 3:26 PM
Priority Income Fund Declares Common and Preferred Shareholder Distributions
PSEC
Dividends
- Priority Income Fund's Board of Directors declared monthly cash "base" and "bonus" common shareholder distributions for September, October, and November 2025, which remain consistent with prior declared monthly distributions.
- The annualized total cash distribution is $1.34016 per share, representing a 22.0% annualized rate based on the July 31, 2025 net asset value of $6.09 per common share.
- Monthly common shareholder "base" distributions are $0.08056 per share for September and November 2025, and $0.10070 per share for October 2025. Monthly common shareholder "bonus" distributions are $0.024167 per share for each of these months.
- Distributions were also declared for the Fund's 7.00% Series D Term Preferred Stock due 2029, 6.000% Series J Term Preferred Stock due 2028, 7.000% Series K Cumulative Preferred Stock, and 6.375% Series L Term Preferred Stock due 2029, all payable on September 30, 2025.
- Since its inception in January 2014 through November 2025, the Fund has paid or declared cumulative cash distributions totaling $16.73 per common share.
Sep 12, 2025, 11:02 AM
Prospect Capital Announces Financial Results for June 2025
PSEC
Earnings
Dividends
New Projects/Investments
- Prospect Capital reported Net Investment Income of $79.043 million and Net Income (Loss) Applicable to Common Shareholders of $(226.369) million for the fiscal quarter ended June 30, 2025.
- The Net Asset Value (NAV) per Common Share was $6.56 as of June 30, 2025. The company declared monthly common shareholder distributions of $0.0450 per share for September and October 2025.
- The company is strategically increasing its focus on first lien senior secured middle market loans, which constituted 70.5% of investments at cost, and has substantially completed the exit of its subordinated structured notes portfolio.
- As of June 30, 2025, Prospect Capital maintained strong liquidity with $1.316 billion in balance sheet cash plus undrawn revolving credit facility commitments, and only $2.4 million of debt remaining to mature in calendar year 2025.
Aug 27, 2025, 12:00 AM
Quarterly earnings call transcripts for PROSPECT CAPITAL.
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