Every 8-K that Prospect Capital Corporation (PSEC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PSEC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PSEC filings page.
PROSPECT CAPITAL CORP (PSEC) reported results for its fiscal quarter and year ended June 30, 2026 and announced new common and preferred dividends. For the June 2026 quarter, net investment income (NII) was $77.7 million, or $0.15 per common share, while total investment income was $155.8 million. The quarter produced a net loss applicable to common shareholders of $38.1 million, or $(0.08) per share, driven by $83.8 million of net realized and unrealized losses.
For the full fiscal year, NII was $326.4 million and the net increase in net assets from operations was $153.7 million, a sharp improvement from a $469.9 million decrease in the prior year. Net asset value (NAV) to common shareholders was $2.93 billion, or $5.71 per share, down from $6.56 a year earlier. Prospect declared monthly common distributions of $0.035 per share for September and October 2026 and detailed monthly or quarterly dividends on its 7.50%, 6.50%, 5.50%, 6.50% floating-rate, and 5.35% preferred stock series. The portfolio remained concentrated in first lien senior secured middle-market loans, with 72.5% of investments at cost in first lien debt and non-accrual loans at 0.7% of total assets at fair value.
Prospect Capital Corporation stockholders approved a key financing proposal at a virtual Special Meeting held on July 7, 2026. The approval renews the Company’s authorization, with Board approval, to sell common stock during the next 12 months at prices below its then current net asset value per share.
Any such sales are subject to conditions described in the proxy statement, including that shares sold on any given date cannot exceed 25% of the Company’s outstanding common stock immediately prior to that sale. Of 556,508,215 shares eligible to vote as of March 11, 2026, Proposal 1 received 277,640,199 votes for, 63,873,735 against, and 7,460,523 abstentions.
Prospect Capital Corporation entered an equity distribution agreement allowing it to issue and sell up to $400,000,000 aggregate liquidation preference of its 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock through A.G.P. / Alliance Global Partners and other sales agents in at-the-market transactions.
The sales agents may earn up to 2.0% of the gross sales price as commissions. To support the preferred issuance, Prospect Capital reclassified 16,000,000 authorized but unissued common shares into Series A Preferred Stock, reducing authorized common stock from 1,248,117,104 shares to 1,232,117,104 shares.
Prospect Capital Corporation reported net investment income of $78.5 million, or $0.16 per common share, for the quarter ended March 31, 2026, with net income applicable to common shareholders of $26.4 million, or $0.05 per share. Net asset value per common share was $6.05, compared with $6.21 at the prior quarter end. The company declared monthly common dividends of $0.035 per share for May through August 2026, and detailed scheduled cash dividends on multiple preferred share classes based on stated annual rates between 5.35% and 7.50%. Prospect highlighted a predominantly first lien, senior secured middle-market lending portfolio, low non-accruals at 0.7% of total assets at fair value, and strong balance sheet metrics including a net-of-cash debt to total assets ratio of 27.0% and balance sheet cash plus undrawn revolver capacity of $1.75 billion.
Prospect Capital Corporation amended its dealer manager agreement with Preferred Capital Securities to expand its ongoing preferred stock offering. The amendment increases the total aggregate liquidation preference of preferred stock that may be sold from $2,250,000,000 to $2,646,457,550.
The company may now issue up to 105,858,302 shares of preferred stock across all series under this agreement, each with a $25.00 per share liquidation preference. Prospect Capital is no longer offering several earlier preferred series and will instead offer its 7.50% Series A5 and 7.50% Series M5 preferred stock pursuant to a prospectus supplement and base prospectus under an automatic shelf registration on Form N-2.
Prospect Capital Corporation reported fiscal quarter results for the period ended December 31, 2025, with net investment income of $90.9 million, up from $79.4 million in the prior quarter, or $0.19 per common share. Net income applicable to common shareholders was a loss of $6.6 million, or $(0.01) per share, reflecting realized and unrealized losses on investments.
Net asset value to common shareholders was $2.96 billion, or $6.21 per share. The company declared monthly common dividends of $0.045 per share for February, March, and April 2026, and reaffirmed multiple preferred stock dividends, including a quarterly $0.334375 per-share distribution on its 5.35% preferred stock. Prospect highlighted a long-term middle-market lending track record with exited gross IRRs in the mid‑teens and maintained a net-of-cash debt-to-total-assets ratio of 28.2%.
Prospect Capital Corporation reported the results of its virtual Annual Meeting of Stockholders held on January 15, 2026. Common and multiple series of preferred stock, each entitled to one vote per share, were eligible to vote on a single proposal described in the company’s definitive proxy statement filed on September 18, 2025.
As of September 17, 2025, the company had 465,087,009 shares of common stock outstanding, along with several series of preferred stock, including 26,232,644 shares of 5.50% Series A1 Preferred Stock and 5,251,157 shares of 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock, among others. Stockholders elected two Class III directors: John F. Barry III and Eugene S. Stark, who will serve until the 2028 annual meeting or until their successors are elected and qualified or they otherwise cease to serve.
Prospect Capital Corporation furnished a press release with financial results for the fiscal quarter ended September 30, 2025, and announced cash distributions to equity holders.
Common stockholders will receive monthly dividends of $0.045 per share with record dates on 11/25/2025, 12/29/2025, and 1/28/2026, payable on 12/18/2025, 1/21/2026, and 2/18/2026, respectively.
Preferred dividends declared include: 7.50% Preferred at $0.156250 monthly; Floating Rate Preferred at $0.135417 monthly; 5.50% Preferred at $0.114583 monthly; and 6.50% Preferred at $0.135417 monthly, each with December 2025–February 2026 record dates and early following-month payments. The 5.35% Series A Preferred quarterly dividend is $0.334375 for the period noted, with a record date of 1/21/2026 and payment on 2/2/2026.
Prospect Capital Corporation entered a material financing, issuing approximately $167 million aggregate principal amount of 5.5% Series A Notes due 2030. The notes are senior unsecured, pay interest quarterly starting March 31, 2026, and are expected to list on the Tel Aviv Stock Exchange on November 2, 2025. Net proceeds are estimated at $160 million, which the company expects to use primarily to refinance existing debt, including borrowings under its revolving credit facility, with any remainder for liquidity and investments aligned with its objective.
The notes may be redeemed, after 60 days from TASE listing, at the greater of par plus accrued interest, the 30‑day average closing price before board approval, or the discounted value of remaining payments, as defined in the deed of trust. Covenants include minimum total equity, a maximum net debt‑to‑total assets ratio, a minimum equity‑to‑total assets ratio, and a negative pledge. The notes, governed by Israeli law and issued under Regulation S, were sold to non‑U.S. persons offshore. The company also entered foreign exchange forwards covering expected interest and principal on the shekel‑denominated notes. Common stock is also expected to list on the TASE on November 2, 2025.
Prospect Capital Corporation announced it priced an institutional offering of approximately $167 million in aggregate principal amount of 5.5% Series A Notes due 2030. The Notes pay interest quarterly on March 31, June 30, September 30 and December 31, commencing March 31, 2026, and mature on December 31, 2030. They are general senior unsecured obligations, ranking equally with existing and future senior unsecured debt, and are rated ilAA- by S&P Global Ratings Maalot Ltd.
The offering is expected to close on October 30, 2025, with the Notes and the Company’s common stock expected to list and commence trading on the Tel Aviv Stock Exchange on November 2, 2025. The Company may redeem the Notes, in whole or in part, at any time after 60 days from the TASE listing at the greater of par plus accrued interest, the 30-day average closing price prior to board approval, or the discounted value of remaining payments. Net proceeds are expected to be used primarily to refinance existing indebtedness, including borrowings under the revolving credit facility, with any remainder for liquidity and investments consistent with its objectives.
Prospect Capital Corporation filed a current report describing recent financial and dividend actions. On August 26, 2025, the company issued a press release with its financial results for the fiscal year ended June 30, 2025, which is furnished as Exhibit 99.1.
The company also announced monthly cash distributions to common shareholders of $0.0450 per share for September 2025 and October 2025, with record dates of 9/26/2025 and 10/29/2025 and payment dates of 10/22/2025 and 11/18/2025.
Prospect Capital declared monthly dividends on its Floating Rate, 7.50%, 5.50% and 6.50% preferred stock series for September, October and November 2025, with per-share amounts of $0.135417 (Floating and 6.50%), $0.156250 (7.50%) and $0.114583 (5.50%). It also declared a quarterly dividend on its 5.35% preferred stock of $0.334375 per share for the period August 2025–October 2025, with a record date of 10/22/2025 and payment on 11/3/2025.