---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-22-000376"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T00:45:31.088669+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital Q1 NII $0.22/share; NAV drops to $10.01 on unrealized losses

## Summary
- Net investment income $99.3M ($0.22/share); total investment income $202.7M (+20% YoY).
- Net loss applicable to common $105.2M ($0.27/share) due to $168.5M unrealized losses; NAV fell to $10.01 from $10.48.
- Common distribution maintained at $0.06/month; since Oct 2017 NII $3.97 vs distributions $3.60 per share.
- Credit facility extended to Sep 2026; upsized to $1.68B; pricing SOFR+2.05%.
- Perpetual preferred issued $1.0B to date; $288M in Sep, $163M in Dec quarter.

## SEC filing metadata
- accession: 0001287032-22-000376
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703222000376/0001287032-22-000376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703222000376/psec-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-22-000376
- JSON: https://secwatch.observer/filing/0001287032-22-000376.json
- Plain text: https://secwatch.observer/filing/0001287032-22-000376.txt

## Key facts
- Earnings Releases
  PROSPECT CAPITAL CORP reported fiscal quarter ended September 30, 2022 results: net income $(105,199), EPS $(0.27).
  - Period: fiscal quarter ended September 30, 2022
  - Net income: $(105,199)
  - EPS: $(0.27)
  - Result: reported results
  source text: Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287032/000128703222000376/0001287032-22-000376-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.