Prospect Enhanced Yield Fund announced a $0.04775 increase in its monthly cash shareholder distributions for July, August, and September 2026, bringing the annualized total cash distribution to $2.85 per share, an 11.5% annualized rate based on the June 30, 2026 net asset value of $24.87 per common share. The Fund's Board of Directors declared the increase, which results in monthly distributions of $0.23775 per share with record dates of July 30, August 28, and September 29, 2026, and payment dates shortly thereafter. These distributions represent the tenth, eleventh, and twelfth monthly distributions paid by the Fund. The Fund is a closed-end interval fund managed by Prospect Enhanced Yield Management, LLC, investing primarily in non-mortgage related structured credit instruments.
Prospect Capital CorporationProspect Capital Corporation is the parent of the Fund's manager; the dividend increase may signal strong underlying portfolio performance, but the news is about the Fund, not the parent directly.