---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-26-000165"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:25:54.190520+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital reports NII of $0.16/share, NAV drops to $6.05; cuts monthly common distribution to $0.035

## Summary
- Net Investment Income per share fell to $0.16 from $0.19 in prior quarter and year-ago quarter.
- NAV per common share declined to $6.05 from $6.21 in Dec 2025 and $7.25 a year ago.
- Monthly common distribution cut to $0.035 per share for May-Aug 2026, down from $0.045 per month previously.
- Total originations of $115.3M were outpaced by $222.2M in repayments/sales, shrinking the portfolio.
- First lien debt mix increased to 72.0% (cost basis); subordinated structured notes fully exited.

## SEC filing metadata
- accession: 0001287032-26-000165
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703226000165/0001287032-26-000165-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703226000165/psec-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-26-000165
- JSON: https://secwatch.observer/filing/0001287032-26-000165.json
- Plain text: https://secwatch.observer/filing/0001287032-26-000165.txt

## Source-grounded claims
- claim_id: 5bf664b1022e5aef25a0b40734bcac4dd0d22f35
  claim: PROSPECT CAPITAL CORP reported the fiscal quarter ended March 31, 2026 results: net income $(171,331), EPS $(0.39).
  evidence_excerpt: $83,489 NII per Common Share $0.16 $0.19 $0.19 Interest as % of Total Investment Income 93.4% 84.7% 93.3% Net Income (Loss) Applicable to Common Shareholders $26,408 $(6,576) $(171,331) Net Income (Loss) per Common Share $0.05 $(0.01) $(0.39) Distributions to Common Shareholders $65,421 $63,894 $59,966 Distributions per Common Share $0.135 $0.135 $0.135
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287032/000128703226000165/0001287032-26-000165-index.htm

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