"Prospect Capital pays a monthly distribution of $0.045 per share, which annualizes to $0.54 and yields roughly 20.1% at a share price of almost $3."
"Management has rotated into safer investments, with first lien senior secured middle market loans now comprising 71% of the portfolio at cost, up 728 basis points since June 2024."
"In fiscal Q2 2026, PSEC reported net investment income of $90.89 million, or $0.19 per share, against a quarterly distribution of $0.135, resulting in roughly 1.4x coverage."
"Credit quality has improved significantly, with non-accrual loans at 0.7% of total assets, down from a peak of 4% in fiscal Q4 2025."
Prospect Capital, a Business Development Company, pays a monthly distribution of $0.045 per share, yielding about 20.1%. The company has shifted its portfolio towards safer investments, with 71% in first lien senior secured loans. In fiscal Q2 2026, net investment income was $90.89 million, or $0.19 per share, providing 1.4x coverage for the distribution. Credit quality has improved, with non-accrual loans at 0.7% of total assets and total liabilities down 49% year over year.
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