---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-26-000270"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2026-08-20T21:33:21+00:00"
generated_at: "2026-08-21T10:05:55.709504+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital Q4 FY26 net loss $38.1M, NAV per share $5.71, Valley Electric sale closed

## Summary
- NII $77.7M, down 1.7% YoY; net loss applicable to common $38.1M (EPS -$0.08) vs -$50.4M (EPS -$0.50) prior year.
- NAV per common share $5.71 at 6/30/26, down from $6.56 a year ago; net-of-cash debt to assets 28.6%.
- Valley Electric sale closed 7/1/26 for ~$328M, net proceeds ~$281M, 20.5% IRR, 4.8x MOIC.
- Declared monthly distributions of $0.035/share for Sept & Oct 2026; cumulative distributions $22.14/share.
- Non-accrual loans rose to 0.7% of assets vs 0.3% prior year; first lien loans now 72.5% of portfolio.

## SEC filing metadata
- accession: 0001287032-26-000270
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2026-08-20T21:33:21+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703226000270/0001287032-26-000270-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703226000270/psec-20260820.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-26-000270
- JSON: https://secwatch.observer/filing/0001287032-26-000270.json
- Plain text: https://secwatch.observer/filing/0001287032-26-000270.txt

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