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Prospect Capital Corporation (PSEC)

BDC - Debt Focused BDC

Data as of March 15, 2024
Current
Market Price $5.56 (+ $0.05)
NAV (Dec. 31, 2023) $8.92 ( $0.00)
Fund Listed NASDAQ
Premium / Discount -37.67% (+0.56%)
Fund Info
Inception July 27, 2004
Sponsor Prospect Capital Management
Website www.prospectstreet.com...
Phone (212) 792 2095
Location New York
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: Current income and long-term capital appreciation; debt and equity investments
Related Indexes
Debt-Focused Business Development Company (BDC) Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Discount CEF/BDC Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 413,987,510
Total Assets (Reported: Dec. 31, 2023) $7,781M
Estimated Total Assets $7,540M
Net Assets $3,693M
Market Cap $2,302M
Portfolio Turnover 5.84%
Debt-to-Equity 1.0779
Total Leverage 51.03%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 14.85%
Non Lev Exp Ratio 7.94%
Gross Asset Expense Ratio 7.08%
Gross Asset Non Lev Exp Ratio 3.78%
Rel Lev Cost 6.46%
Discount Data
Average Discount (3 Yr) -26.09%
Discount Low(3 Yr) -45.08%
Discount High(3 Yr) -1.71%
Discount Rel Range (3 Yr) 17.09%
Comp Discount -33.97
Discount St Dev (1Yr) 3.62
Z-Stat
Z-Stat (6mo) -0.43
Z-Stat (1Yr) -0.97
Z-Stat (3Yr) -1.37
Comp Z-Stat (6mo) -0.83
Comp Z-Stat (3Yr) -1.62
Distribution Data
Market Yield 12.95%
Income Yield 12.95%
Lev Adj NAV Yield 5.34%
Av Yield on Debt Investments 12.30
Distribution Frequency M
Current Distribution $0.060
Current Income $0.060
Ex-Date 3/26/24
Payable Date 4/18/24
Div Growth (3yr) 0.00%
Dividend Change -28.0% on 8/28/17
Expected Div 5/9/24
RoC (1yr) 0.00%
RoC (3yr) 2.20%
Tax Dividend Data 2022 2020 - 2022
Income 82.4% 79.9%
ST Gains 0% 0%
QDI 3.0% 2.0%
LT Gains 17.6% 5.9%
RoC 0% 14.3%
Volume & Liquidity
Average Daily $ (K) $12,300
Avg Volume 30 day 2,159,193
Avg Volume 90 day 2,212,214
Volume Trend -2.40%
Comp Volume Trend -6.05%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
41.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
41.0%
Price Correlation (1yr)
vs. CEFA's BDC Index
75.0%
Most Correlated Peer (Mk Pr): GSBD 73.0%
Price St Dev (1Yr) 27.3%
NAV St Dev (1Yr) 6.4%
Earnings
Earnings / Share (12/31/23) $0.059
Adj Core NII Coverage 98.56%
1 Yr Avg NII Coverage 119.24%
1 Yr Avg Adj Core NII Coverage 119.24%
NII Trend -0.51%
Adj Core NII Trend -0.51%
Performance
Price Beta (2yr)
vs. S&P 500 (TR)
0.92
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.99
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
1.08
Portfolio Data
Avg Libor Floor % 2.22%
% Loans with Libor Floor 80%

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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