---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-24-000411"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:43:18.173322+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital reports Q1 FY2025 net loss; cuts monthly common dividend to $0.045

## Summary
- Net investment income per share $0.21, down from $0.31 YoY; net loss applicable to common shareholders of $165M.
- NAV per share fell to $8.10 from $9.25 YoY, a decline of 12.4%.
- Common dividend reduced to $0.045/month from $0.06 (annualized from $0.72 to $0.54, a 25% cut).
- First lien loans increased to 64.9% of portfolio (up from 57.3% YoY) as part of rotation away from CLO equity and real estate.
- Non-accrual loans rose to 0.5% of total assets from 0.2% YoY.

## SEC filing metadata
- accession: 0001287032-24-000411
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703224000411/0001287032-24-000411-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703224000411/psec-20241108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-24-000411
- JSON: https://secwatch.observer/filing/0001287032-24-000411.json
- Plain text: https://secwatch.observer/filing/0001287032-24-000411.txt

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