secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2023-08-29T23:59:59+00:00
Accession:  0001287032-23-000276
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prospect Capital reports FY2023 NII $420.9M, net loss $172.5M, dividend steady at $0.06/month
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- FY2023 NII $420.9M ($0.89/share) vs $343.9M ($0.81/share) prior year; quarterly NII $112.8M, 128% coverage of common distributions.
- Net loss applicable to common $172.5M for FY2023; NAV per share fell to $9.24 from $10.48.
- Declares monthly dividends $0.06/common share for Sep and Oct 2023 (73rd and 74th consecutive $0.06 payments).
- Portfolio $7.72B at fair value across 130 companies; non-accrual loans rose to 1.1% of assets from 0.2% in prior quarter.
- Balance sheet cash + undrawn credit facility $993M; no debt maturities in 2023; investment grade ratings reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703223000276/0001287032-23-000276-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703223000276/psec-20230829.htm
  HTML page:      https://secwatch.observer/filing/0001287032-23-000276

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