Prospect Capital Corporation Declares Monthly Distribution for May, June, July and August 2023, Payable on June 21, 2023, July 20, 2023, August 22, 2023 and September 20, 2023, Respectively
May 09, 2023 at 04:16 pm EDT
Share
Prospect Capital Corporation declared distribution of $0.0600 per share for the each month of May, June, July and August 2023. Record date is May 26, 2023, June 28, 2023 July 27, 2023 and August 29, 2023, respectively and payment date is June 21, 2023, July 20, 2023, August 22, 2023 and September 20, 2023, respectively.
Prospect Capital Corporation is a business development company that focuses on lending to and investing in private businesses. The Companyâs investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. It invests primarily in senior and subordinated debt and equity of private companies in need of capital for acquisitions, divestitures, growth, development, recapitalizations and other purposes. It invests primarily in first and second lien secured loans and unsecured debt, which in some cases includes an equity component. It invests in debt and equity positions of structured credit, which are a form of securitization in which the cash flows of a portfolio of loans are pooled and passed on to different classes of owners in various tranches. It may also acquire controlling interests in companies in conjunction with making secured debt investments in such companies. Its investment adviser is Prospect Capital Management L.P.
Prospect Capital Corporation Declares Monthly Distribution for May, June, July and August 2023, Payable on June 21, 2023, July 20, 2023, August 22, 2023 and September 20, 2023, Respectively
PROSPECT CAPITAL CORPORATION 
