---
schema_version: "secwatch.filing_event.v1"
accession: "0001521945-26-000071"
form_type: "8-K"
ticker: null
cik: "0001521945"
company_name: "Prospect Floating Rate & Alternative Income Fund, Inc."
filed_at: "2026-05-28T17:57:33+00:00"
generated_at: "2026-05-28T17:58:09.129314+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Prospect Floating Rate declares May distribution of $0.03655 per share; 10% annualized rate

## Summary
- Base distribution of $0.03655 per share for both Class A and Class I common shares.
- Record date: May 29, 2026; payment date: June 5, 2026.
- Target annualized distribution rate of 10.0% based on NAV per share as of March 31, 2026.
- Future distributions subject to Board discretion and legal restrictions.

## SEC filing metadata
- accession: 0001521945-26-000071
- form_type: 8-K
- cik: 0001521945
- company_name: Prospect Floating Rate & Alternative Income Fund, Inc.
- filed_at: 2026-05-28T17:57:33+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1521945/000152194526000071/0001521945-26-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1521945/000152194526000071/pfloat-20260528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001521945-26-000071
- JSON: https://secwatch.observer/filing/0001521945-26-000071.json
- Plain text: https://secwatch.observer/filing/0001521945-26-000071.txt

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