secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001287032-26-000165
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703226000165/0001287032-26-000165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703226000165/psec-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001287032-26-000165

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