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The new collection extends Lenox's timeless design and inviting warmth into the bath. The new collection extends Lenox's timeless design and inviting warmth into the bath.
Boomers building income portfolios don't want just yield, they want a paycheck that lands every month across different economic engines.
Prospect Capital Corporation continues to underperform, with a 20% stock decline and ongoing financial deterioration despite management's portfolio restructuring. PSEC's 18%+ yield and 60% NAV discount are outweighed by persistent NAV erosion, declining investment income, and shrinking portfolio value. Net investment income and liquidity remain adequate, but high PIK income and sector headwinds signal elevated risk and potential for a reverse stock split.
Prospect Capital reported Q4'26 NII of $0.15 per share, beating estimates, but faced portfolio contraction and declining net investment income vs. last year. PSEC's dividend cut to $0.035 per share improved dividend coverage to over 130% in Q4, with stable asset quality evidenced by a 0.7% non-accrual percentage. The portfolio shift toward 72.5% first lien loans enhances quality, potentially easing concerns over recent NAV declines and dividend cuts.
Prospect Capital Corporation (PSEC) Q4 2026 Earnings Call Transcript
Prospect Capital NASDAQ: PSEC reported net investment income of $78 million, or $0.15 per common share, for the June quarter, matching the prior quarter, Chairman and Chief Executive Officer John Barry said during the company's first-quarter 2026 earnings call.
NEW YORK, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Prospect Enhanced Yield Fund (the “Fund”) proudly completed its first year of operations on August 6, 2026. The Fund returned 7.61% over the trailing 12-months since inception1, 257bps ahead of the 5.04% average trailing 12-month total return of the Eldridge BBB–B CLO ETF (Ticker: CLOZ), Janus Henderson B–BBB CLO ETF (Ticker: JBBB), the ICE BofA BB US High Yield Index, and the Morningstar LSTA US Leveraged Loan Index over the same period.
NEW YORK, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and fiscal year ended June 30, 2026.
SEC filings for PSEC aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.