secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001287032-25-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prospect Capital reports net loss of $31M, NII per share $0.20, cuts monthly distribution to $0.045
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- Net loss applicable to common shareholders $31.0M ($0.07/share); NII per share $0.20 vs $0.24 YoY.
- Total investment income $185.5M, down 12% YoY from $210.9M.
- NAV per common share fell to $7.84 from $8.10 prior quarter and $8.92 a year ago.
- Monthly common distribution reduced to $0.045 from $0.05; quarterly rate drops to $0.135 from $0.15.
- Portfolio yield decreased to 9.1% annualized current yield; non-accrual loans low at 0.4% fair value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703225000015/0001287032-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703225000015/psec-20250210.htm
  HTML page:      https://secwatch.observer/filing/0001287032-25-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer