- What are the top holdings of PSEC?
- Prospect Capital Corporation holds — securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does PSEC have?
- PSEC holds — positions as reported by the fund's most recent disclosure.
- What sectors does PSEC invest in?
- Prospect Capital Corporation (PSEC) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is PSEC most exposed to?
- PSEC's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is PSEC a US-only fund?
- The country allocation card on this page shows PSEC's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does PSEC invest in?
- Prospect Capital Corporation operates as a Business Development Company (BDC), providing diverse financing solutions predominantly to the middle market. The firm engages in a broad spectrum of investment activities, including growth capital, leveraged buyouts, acquisitions, recapitalizations, refinancing, and turnaround situations for mature, emerging, and later-stage companies. Its specialized offerings encompass mezzanine financing, subordinated debt tranches of collateralized loan obligations (CLOs), cash flow term loans, marketplace lending, and bridge transactions. Beyond corporate finance, Prospect Capital also allocates capital to real estate, with a specific focus on multi-family residential assets. The company deploys a variety of investment instruments, such as secured debt (including senior, unitranche, first-lien, and second-lien), private debt, mezzanine debt, and direct equity, primarily targeting private and microcap public businesses. Its investment strategy involves both primary originations and the acquisition of secondary loan portfolios, supporting situations like private equity-backed financings, corporate expansion, dividend recapitalizations, and real estate ventures. The firm intentionally concentrates on small and medium-sized private companies, rather than large public corporations. Prospect Capital maintains a diversified investment portfolio spanning numerous industries, with notable expertise in the energy and industrial sectors. Its extensive reach covers areas from aerospace and financial services to healthcare, technology, and consumer goods. Geographically, its operations are concentrated within the United States and Canada. Typically, PSEC commits between $10 million and $500 million per transaction. It seeks out companies with an EBITDA between $5 million and $150 million, sales figures ranging from $25 million to $500 million, and an enterprise value between $5 million and $1000 million. The BDC is also open to co-investing in larger opportunities. Prospect Capital often aims for control acquisitions by participating across various levels of a company's capital structure and engages in sole, agented, club, or syndicated deal arrangements.
