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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.

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Prospect Capital Corporation Makes $65 Million Investment in Taos Footwear
NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”) has provided a first lien senior secured term loan, a first lien senior secured convertible term loan, and a preferred equity investment to Taos Footwear Holdings, LLC (“Taos Footwear” or "Company"), aggregating $65 million, in collaboration with Taos Footwear’s founder and leadership team.
By Prospect Capital Corporation · Via GlobeNewswire · January 31, 2025
Prospect Capital Corporation Hosting Upcoming Webinar: “Preferred Stock as a Low Volatility, Downside Protected, and Income Generating Asset Class”
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”, “our”, or “we”) is pleased to host an upcoming webinar for financial professionals titled “Preferred Stock as a Low Volatility, Downside Protected, and Income Generating Asset Class”. The webinar will provide attendees an overview of the preferred stock asset class and what makes such asset class different than other fixed income investments. Please join us for the presentation on December 12, 2024, at 2:00pm ET. Registration is available here. This webinar is accepted for 1 CFP® / IWI / CFA CE Credit.
By Prospect Capital Corporation · Via GlobeNewswire · December 9, 2024
Priority Income Fund Announces Redemption of its 6.250% Series G Term Preferred Stock Due 2026
NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that it will redeem all outstanding shares of its 6.250% Series G Term Preferred Stock Due 2026 (CUSIP: 74274W 814; NYSE: PRIF PRG) (the “Series G Preferred Shares”) at a price of $25 per Series G Preferred Share, plus accrued but unpaid dividends per Series G Preferred Share from September 30, 2024, to but excluding, the Redemption Date (the “Redemption Price”). The redemption date will be December 23, 2024 (the “Redemption Date”).
By Priority Income Fund, Inc. · Via GlobeNewswire · November 22, 2024
National Property REIT Corp. Exits Dylan at Grayson Investment with 1.7 Times Cash on Cash Return
NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- National Property REIT Corp. (“NPRC”) announced today it recently sold its Dylan at Grayson (“Dylan”) multifamily residential property in Grayson, Georgia, for $56.7 million, achieving a 1.7 times cash on cash return on the investment acquired in December 2020.
By National Property REIT Corp. · Via GlobeNewswire · November 21, 2024
Prospect Capital Corporation to Present at the 2024 Markets Group NYC Private Credit Conference
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”) announced today that Grier Eliasek, President and Chief Operating Officer is scheduled to participate at the Markets Group Private Credit Conference. Mr. Eliasek is planned to present on the panel “New Ways to Counter Today’s Headwinds with Opportunistic and Niche Credit Strategies” on Wednesday, December 4, 2024, at 10:10am.
By Prospect Capital Corporation · Via GlobeNewswire · November 12, 2024
Prospect Capital Announces Financial Results for Fiscal September 2024 Quarter
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended September 30, 2024.
By Prospect Capital Corporation · Via GlobeNewswire · November 8, 2024
Prospect Capital Schedules First Fiscal Quarter Earnings Release and Conference Call
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (the “Company” or “Prospect”) today announced it expects to file with the Securities and Exchange Commission its report on Form 10-Q containing results for the fiscal quarter ended September 30, 2024 on Friday, November 8, 2024. The Company also expects to issue its earnings press release on Friday, November 8, 2024, before the opening of the markets.
By Prospect Capital Corporation · Via GlobeNewswire · November 7, 2024
Prospect Capital Corporation Upsizes Preferred Stock Offering to $2.25 Billion
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”, “our”, or “we”) announced today an upsize to Prospect’s preferred stock offering (the “Preferred Stock” or the “Offering”) with Preferred Capital Securities (”PCS”). The Offering has seen strong demand from the private wealth, institutional, and Registered Investment Advisor channels, with $1.8 billion in aggregate liquidation preference issuances since the initial closing in the quarter ending December 31, 2020.
By Prospect Capital Corporation · Via GlobeNewswire · October 21, 2024
Prospect Capital Corporation Provides First Lien Senior Secured Term and Convertible Loans to Support the Acquisition of Druid City Infusion by Inlet Road Capital Management
NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”) has provided first lien senior secured term and convertible loans to support the acquisition of Druid City Infusion, LLC (“Druid City”) by investment funds managed by Inlet Road Capital Management, LLC (“Inlet Road”) in partnership with Druid City’s founders and leadership team.
By Prospect Capital Corporation · Via GlobeNewswire · October 18, 2024
Prospect Capital Corporation Closes $764 Million of New Investments in Fiscal Year June 2024
NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”) closed $764 million of new investments during its fiscal year ended June 30, 2024, investing in 38 new and existing portfolio companies.
By Prospect Capital Corporation · Via GlobeNewswire · October 15, 2024
Prospect Capital Corporation Extends and Increases Revolving Credit Facility to Over $2.1 Billion of Aggregate Commitments
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”) extended and increased total commitments for its revolving credit facility (the “Facility”) for Prospect Capital Funding LLC, a GAAP consolidated subsidiary of Prospect, with the most recent upsize in the quarter ended September 30, 2024.
By Prospect Capital Corporation · Via GlobeNewswire · October 7, 2024
Prospect Capital Celebrates its 20th Anniversary as a Leading Provider of Private Debt and Equity to U.S. Middle-Market Companies with Over $20 Billion Invested and More than 300 Portfolio Company Exits
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”) announced Prospect has surpassed its 20th anniversary as one of the largest ($7.9 billion in total assets as of the recently completed fiscal year end) and longest running publicly traded business development companies (“BDCs”).
By Prospect Capital Corporation · Via GlobeNewswire · October 3, 2024
Prospect Capital Announces June 2024 Financial Results and Declares 86th Consecutive $0.06 Dividend
NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and fiscal year ended June 30, 2024.
By Prospect Capital Corporation · Via GlobeNewswire · August 28, 2024
Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call
NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on Form 10-K containing results for the fiscal year ended June 30, 2024 and to issue its earnings press release Wednesday, August 28, 2024 after the close of the markets.
By Prospect Capital Corporation · Via GlobeNewswire · August 27, 2024
Prospect Capital Announces March 2024 Financial Results and Declares 84th Consecutive $0.06 Dividend
NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended March 31, 2024.
Prospect Capital Schedules Third Fiscal Quarter Earnings Release and Conference Call
NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on Form 10-Q containing results for the fiscal quarter ended March 31, 2024 and to issue its earnings press release Wednesday, May 8, 2024 after the close of the markets.
Prospect Capital Announces December 2023 Financial Results and Declares 80th Consecutive $0.06 Dividend
NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended December 31, 2023.
By Prospect Capital Corporation · Via GlobeNewswire · February 8, 2024
Prospect Capital Schedules Second Fiscal Quarter Earnings Release and Conference Call
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on Form 10-Q containing results for the fiscal quarter ended December 31, 2023 on Thursday, February 8, 2024 after the close of the markets. The Company also expects to issue its earnings press release on Thursday, February 8, 2024 after the close of the markets.
By Prospect Capital Corporation · Via GlobeNewswire · February 6, 2024
Prospect Capital Announces Annual Meeting Update
NEW YORK, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”, “our”, or “we”) today announced that it held its annual meeting of stockholders (the “Annual Meeting”) on December 18, 2023. The proposals that were considered at the Annual Meeting are described in detail in the Company’s definitive proxy statement for the Annual Meeting as filed with the Securities and Exchange Commission on September 20, 2023 (the “Proxy”). As of September 19, 2023, there were 408,132,468 shares of the Company's common stock outstanding, 30,780,669 shares of the Company’s 5.50% Series A1 Preferred Stock outstanding, 164,000 shares of the Company’s 5.50% Series A2 Preferred Stock outstanding, 5,909,671 shares of the Company’s 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock outstanding, 3,155,352 shares of the Company’s 5.50% Series M1 Preferred Stock outstanding, 21,471,177 shares of the Company's 6.50% Series A3 Preferred Stock outstanding, and 2,870,854 shares of the Company's 6.50% Series M3 Preferred Stock outstanding. Each share of preferred stock is entitled to one vote on the one matter to be voted on by holders of the preferred stock at the Annual Meeting. There are no matters to be voted on by holders of the common stock at the Annual Meeting. To afford additional time to solicit stockholder votes for the proposal found in the Proxy, the Annual Meeting has been adjourned until December 22, 2023, at 3:30 p.m., Eastern Time, at www.virtualshareholdermeeting.com/PSEC2023.
By Prospect Capital Corporation · Via GlobeNewswire · December 18, 2023
Prospect Capital Announces September 2023 Financial Results and Declares Steady Monthly Dividends through January 2024 of $0.06 Per Common Share
NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended September 30, 2023.
By Prospect Capital Corporation · Via GlobeNewswire · November 8, 2023
Prospect Capital Schedules First Fiscal Quarter Earnings Release and Conference Call
NEW YORK, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report on Form 10-Q containing results for the fiscal quarter ended September 30, 2023 on Wednesday, November 8, 2023 after the close of the markets. The Company also expects to issue its earnings press release on Wednesday, November 8, 2023 after the close of the markets.
By Prospect Capital Corporation · Via GlobeNewswire · November 6, 2023
Prospect Capital Corporation Announces Launch of Cash Tender Offer For its 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock
NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (the “Company”) today announced that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of its 5,882,351 shares of outstanding 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock (the “Shares”). The Tender Offer will expire at 5:00 p.m., New York City time, on November 29, 2023 unless extended or earlier terminated by the Company (such date and time, the "Expiration Date"). The Tender Offer is made pursuant to an Offer to Purchase dated today, which sets forth the terms and conditions of the Tender Offer.
By Prospect Capital Corporation · Via GlobeNewswire · October 30, 2023
Prospect Capital Corporation: A Gold Nugget or Value Trap?
High-yield Prospect Capital has fallen to the bottom of a range where it may rebound and provide a substantial gain while paying an 11% yield.
Via MarketBeat · September 22, 2023
Prospect Capital Announces June 2023 Financial Results and Declares Stable Monthly Dividends through October 2023 of $0.06 Per Common Share
NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and year ended June 30, 2023.
By Prospect Capital Corporation · Via GlobeNewswire · August 29, 2023
Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call
NEW YORK, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQPSEC) (the “Company”) today announced it expects to issue its earnings press release on Tuesday, August 29, 2023 after the close of the markets. The Company will host a conference call on Wednesday, August 30, 2023 at 11:00 a.m. Eastern Time. The conference call dial-in number will be 888-338-7333. A recording of the conference call will be available for approximately 30 days. To hear a replay, call 877-344-7529 and use passcode 2370806.
By Prospect Capital Corporation · Via GlobeNewswire · August 28, 2023