Prospect Capital Corporation (PSEC) is a leading publicly traded business development company dedicated to providing tailored financing solutions to middle-market enterprises. With a diverse portfolio that includes both debt and equity investments, PSEC strategically focuses on growth-oriented businesses across multiple sectors. The firm aims to generate attractive, risk-adjusted returns for its shareholders while prioritizing sustainable investment practices and social responsibility, making it an essential partner in enhancing the growth of its portfolio companies and appealing to socially-conscious investors.
| Revenue (TTM) | $650.64M |
| Gross Profit (TTM) | $650.64M |
| EBITDA | — |
| Operating Margin | 73.30% |
| Return on Equity | -0.80% |
| Return on Assets | 4.30% |
| Revenue/Share (TTM) | $1.39 |
| Book Value | $6.05 |
| Price-to-Book | 0.37 |
| Price-to-Sales (TTM) | 1.71 |
| EV/Revenue | 372.66 |
| EV/EBITDA | 9.42 |
| Quarterly Earnings Growth (YoY) | -78.20% |
| Quarterly Revenue Growth (YoY) | -12.10% |
| Shares Outstanding | $501.01M |
| Float | 0 |
| % Insiders | 27.36% |
| % Institutions | 18.01% |
Volatility is currently contracting
NEW YORK, July 06, 2026 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) and an affiliate have provided a first lien senior secured term loan and an equity-linked investment in ShipOffers (“ShipOffers” or the “Company”), in collaboration with the company's founders and leadership team.
NEW YORK, June 26, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared monthly cash common shareholder distributions for June 2026, July 2026, and August 2026.
NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- Prospect Floating Rate and Alternative Income Fund, Inc. (“Prospect Floating Rate and Alternative Income Fund” or the “Fund”), announced today that the Fund's Board of Directors has declared the monthly “base” cash common shareholder distribution and its quarterly cash “bonus” common shareholder distribution for June 2026.
Prospect Capital Corporation offers perpetual, cumulative preferred shares with a 5.35% coupon and 7.9% current yield. PSEC common equity trades at a >50% discount to NAV, reflecting market skepticism about balance sheet quality and portfolio marks. PSEC.PR.A's yield is lower than PSEC's long-dated bonds, despite greater risk in bankruptcy, making the preferred equity unattractive on a risk/reward basis.
NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund's Board of Directors has declared distributions on shares of the Fund's 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 7.000% Series K Cumulative Preferred Stock (“Series K”), and 6.375% Series L Term Preferred Stock due 2029 (“Series L”).
NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, "Company", “our”, or “we”) today announced that it held its special meeting of stockholders (the “Special Meeting”) on June 9, 2026. The proposals that were considered at the Special Meeting are described in detail in the Company's definitive proxy statement for the Special Meeting as filed with the Securities and Exchange Commission on March 11, 2026 (the “Proxy”). As of March 11, 2026, there were 486,484,945 shares of the Company's common stock outstanding, 25,394,532 shares of the Company's 5.50% Series A1 Preferred Stock outstanding (the “Series A1 Preferred Stock”), 163,000 shares of the Company's 5.50% Series A2 Preferred Stock outstanding (the “Series A2 Preferred Stock”), 5,251,157 shares of the Company's 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock outstanding (the “5.35% Series A Preferred Stock”), 908,259 shares of the Company's 5.50% Series M1 Preferred Stock outstanding (the “Series M1 Preferred Stock”), 23,376,070 shares of the Company's 6.50% Series A3 Preferred Stock outstanding (the “Series A3 Preferred Stock”), 1,794,312 shares of the Company's 6.50% Series M3 Preferred Stock outstanding (the “Series M3 Preferred Stock”), 6,920,261 shares of the Company's Floating Rate Series A4 Preferred Stock outstanding (the “Series A4 Preferred Stock”), 1,995,546 shares of the Company's Floating Rate Series M4 Preferred Stock outstanding (the “Series M4 Preferred Stock”), 3,341,380 shares of the Company's 7.50% Series A5 Preferred Stock outstanding (the “Series A5 Preferred Stock”) and 878,753 shares of the Company's 7.50% Series M5 Preferred Stock outstanding (the “Series M5 Preferred Stock”). Each share of common or preferred stock has one vote. To afford additional time to solicit stockholder votes for the proposal found in the Proxy, the Special Meeting has been adjourned until June 23, 2025, at 5:00 p.m., Eastern Time, at www.virtualshareholdermeeting.com/PSEC2026SM.
High earners in the 32% federal bracket holding ordinary-income dividend payers in a taxable brokerage account face a math problem that most never run on paper.
NEW YORK, May 27, 2026 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) a leading business development company focused on investing in middle-market businesses, today announced the successful sale of Prospect's portfolio company Valley Electric Company, Inc. (“Valley Electric”) to MYR Group Inc. (“MYR”), a leading specialty contractor serving the electric utility infrastructure, commercial, and industrial construction markets.
In the article I list all monthly-paying BDCs. This list is then reduced to a handful of BDCs. These remaining BDCs, in my view, are the one with the strongest prospect to generate durable income without permanent NAV decay.
Let's capitalize on analyst incompetence—and bank yields up to 18.3%, with upside to boot!
