Prospect Floating Rate and Alternative Income Fund Announces a 14.46% Annualized Total Cash Common Shareholder Distribution Rate on Net Asset Value for September 2026
Prospect Floating Rate and Alternative Income Fund declared its September 2026 base and bonus distributions, totaling $0.56232 per share annualized — a 14.46% rate on the June 30, 2026 NAV of $3.89. The base distribution of $0.03242 per share and the quarterly bonus of $0.04333 per share both carry a September 30 record date and October 7 payment date. The fund is externally managed by Prospect Capital Management L.P., the adviser to NASDAQ-listed PSEC, which is connected only through the management relationship.
Key figures
- Record date
- 2026-09-30
- Payment date
- 2026-10-07
- Nav per share
- 3.89
- Aum of adviser
- $7.0 billion
- Base annualized rate
- 10.00%
- Bonus annualized rate
- 4.46%
- Monthly base distribution
- 0.03242
- Quarterly bonus distribution
- 0.04333
- Total annualized distribution rate
- 14.46%
- Total annualized distribution per share
- 0.56232
AI analysis
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