Prospect Capital Corp reported net investment income of $78 million, or $0.15 per common share, for the June quarter, consistent with the prior quarter. Net asset value stood at approximately $2.9 billion, or $5.71 per common share, and the company declared monthly distributions of $0.05 per share for September and October. The company closed the sale of Valley Electric on July 1, 2026, for approximately $328 million, achieving a 20.5% realized gross annualized IRR and 4.8 times multiple of invested capital. Investment originations totaled $166 million in the quarter, with 91% in middle-market investments, while repayments and exits were $46 million, resulting in net originations of $120 million. The portfolio comprised 91 companies across 31 industries with an aggregate fair value of $6.3 billion, and non-accruals represented approximately 0.7% of total assets based on fair market value.
Prospect Capital CorporationReports consistent NII, NAV, and successful Valley Electric exit with high IRR.
