secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001287032-25-000117
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 Q3 fiscal 2025 net loss of $171M; NAV drops to $7.25
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- Net loss applicable to common shareholders of $171M ($0.39 per share) vs. prior year net income of $114M.
- NII per common share $0.19, down from $0.23 YoY; total investment income $170.7M, down 16% YoY.
- NAV per share $7.25, down 7.5% from $7.84 last quarter and 19% from $8.99 last year.
- Common dividend maintained at $0.045/month ($0.135/quarter), down from $0.18/quarter a year ago.
- First-lien debt mix improved to 65.5% of investments; non-accrual loans remain low at 0.6% of assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703225000117/0001287032-25-000117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703225000117/psec-20250509.htm
  HTML page:      https://secwatch.observer/filing/0001287032-25-000117

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