Prospect Capital Corporation - Closed End Fund (PSEC)
4.3000
-0.0200 (-0.46%)
Prospect Capital Corp is a publicly traded investment management company that primarily focuses on providing debt and equity financing to privately held middle-market companies
The firm employs a range of investment strategies, including direct lending and investing in private equity, aimed at generating income and capital appreciation for its investors. By targeting a diverse portfolio across various sectors, Prospect Capital seeks to mitigate risk while providing growth-oriented financial solutions to its portfolio companies, ultimately striving to deliver substantial returns to its shareholders.
Like a partner who has burned you before but is trying to change, Prospect Capital is still hard to trust. The stock is very popular with income investors because of its 13.2% yield, its low share price, and the fact that it pays a dividend monthly.
Corporate bonds offer yield opportunities and diversification away from equity investments. Investment-grade bonds are safer but lower yield, while high-yield bonds offer higher returns but from riskier firms.
Companies Reporting Before The Bell • Ares Management (NYSEARES) is expected to report quarterly earnings at $1.09 per share on revenue of $864.54 million.
BDCs play an important role in the economy by providing financing to growing businesses that may not be able to obtain it from traditional lenders. This article lists BDCs paying dividend yields of more than 9% and pay their dividends monthly
