Prospect Capital Corporation (USD) Prospect Capital Corporation operates as a Business Development Company (BDC), providing a wide array of financing solutions primarily to middle-market businesses. The firm's investment strategy is multifaceted, addressing various company lifecycle stages from emerging growth to mature enterprises. It actively engages in diverse transaction types, including supporting leveraged buyouts (LBOs), corporate acquisitions, refinancings, recapitalizations, and business turnarounds. Capital is also allocated for growth initiatives, development projects, and capital expenditures. Beyond traditional structures, Prospect Capital participates in marketplace lending and bridge financing. It deploys capital through a comprehensive suite of financial instruments, encompassing various forms of debt such as secured debt, senior debt, senior and secured term loans, unitranche facilities, first-lien and second-lien loans, and private debt. The company also provides mezzanine debt and makes direct equity investments. Furthermore, it participates in subordinated debt tranches of collateralized loan obligations (CLOs) and offers cash flow term loans. The company's investment scope extends to both originating new loans and acquiring secondary loan portfolios. It frequently partners with private equity sponsors for debt financings and facilitates dividend recapitalizations. Its core focus is on small and medium-sized private enterprises, including microcap public businesses, intentionally avoiding investments in large public corporations. Additionally, the firm actively invests in real estate, with a particular emphasis on multi-family residential properties. Geographically, its investment mandate primarily covers opportunities within the United States and Canada. While maintaining an industry-agnostic approach, meaning it invests across virtually all sectors, the firm possesses notable expertise in the energy and industrial verticals. Its broad portfolio spans areas such as aerospace & defense, chemicals, financial services, manufacturing, media, technology (including software and IT), healthcare, food & beverage, education, and various consumer, materials, and infrastructure-related industries, including oil & gas, renewables, and utilities. Prospect Capital is flexible in its deal participation, engaging in sole, agented, club, or syndicated transactions. For larger opportunities, it frequently co-invests with other partners. Moreover, it actively pursues control acquisitions, leveraging its ability to provide capital across multiple levels of a company's capital structure. Its investment criteria for target companies typically involve transaction sizes ranging from $10 million to $500 million. It targets businesses generating EBITDA between $5 million and $150 million, with annual sales revenues of $25 million to $500 million, and an enterprise value falling within the $5 million to $1 billion range.

Prospect Capital Corporation (USD) Passive

10 East 40th Street, New York City, NY, US, 10016

Stock Price USD

Price Change

Last Dividend USD

PBY's stock peer is BGC (BGC Group, Inc)

PBY's stock peer is BNRE (Brookfield Reinsurance Ltd.)

PBY's stock peer is CSWC (Capital Southwest Corporation)

PBY's stock peer is HKIB (AMTD International Inc.)

PBY's stock peer is HTGC (Hercules Capital, Inc.)

PBY's stock peer is MFIC (MidCap Financial Investment Corporation)

PBY's stock peer is OBDE (Blue Owl Capital Corporation III)

PBY's stock peer is TFIN (Triumph Financial, Inc.)

PBY's stock peer is VBTX (Veritex Holdings, Inc.)

Financial Services Asset Management

Prospect Capital Corporation operates as a Business Development Company (BDC), providing a wide array of financing solutions primarily to middle-market businesses. The firm's investment strategy is multifaceted, addressing various company lifecycle stages from emerging growth to mature enterprises. It actively engages in diverse transaction types, including supporting leveraged buyouts (LBOs), corporate acquisitions, refinancings, recapitalizations, and business turnarounds. Capital is also allocated for growth initiatives, development projects, and capital expenditures. Beyond traditional structures, Prospect Capital participates in marketplace lending and bridge financing. It deploys capital through a comprehensive suite of financial instruments, encompassing various forms of debt such as secured debt, senior debt, senior and secured term loans, unitranche facilities, first-lien and second-lien loans, and private debt. The company also provides mezzanine debt and makes direct equity investments. Furthermore, it participates in subordinated debt tranches of collateralized loan obligations (CLOs) and offers cash flow term loans. The company's investment scope extends to both originating new loans and acquiring secondary loan portfolios. It frequently partners with private equity sponsors for debt financings and facilitates dividend recapitalizations. Its core focus is on small and medium-sized private enterprises, including microcap public businesses, intentionally avoiding investments in large public corporations. Additionally, the firm actively invests in real estate, with a particular emphasis on multi-family residential properties. Geographically, its investment mandate primarily covers opportunities within the United States and Canada. While maintaining an industry-agnostic approach, meaning it invests across virtually all sectors, the firm possesses notable expertise in the energy and industrial verticals. Its broad portfolio spans areas such as aerospace & defense, chemicals, financial services, manufacturing, media, technology (including software and IT), healthcare, food & beverage, education, and various consumer, materials, and infrastructure-related industries, including oil & gas, renewables, and utilities. Prospect Capital is flexible in its deal participation, engaging in sole, agented, club, or syndicated transactions. For larger opportunities, it frequently co-invests with other partners. Moreover, it actively pursues control acquisitions, leveraging its ability to provide capital across multiple levels of a company's capital structure. Its investment criteria for target companies typically involve transaction sizes ranging from $10 million to $500 million. It targets businesses generating EBITDA between $5 million and $150 million, with annual sales revenues of $25 million to $500 million, and an enterprise value falling within the $5 million to $1 billion range.

Dividend Stats Yield is calculated via trailing-12-month period

Ex-Dividend	Payment Date	Dividend	Yield	Dividend Frequency
2021-06-01	2021-06-15	0.39	6.22 %	Quarterly
2021-03-01	2021-03-15	0.39	6.07 %	Quarterly
2020-12-01	2020-12-15	0.39	6.07 %	Quarterly
2020-09-01	2020-09-15	0.39	6.23 %	Quarterly
2020-06-01	2020-06-15	0.39	6.75 %	Quarterly
		0.39	6.12 %	Quarterly
		0.39	6.09 %	Quarterly
		0.39	6.39 %	Quarterly
		0.39	5.13 %	Quarterly
		0.39	3.39 %	Quarterly
		0.42	1.69 %	Quarterly

Recent News

Lysander Funds Limited Announces Canso Credit Income Fund's Intention to Utilize Repurchase and Reverse Repurchase Transactions

TORONTO, June 18, 2026 (GLOBE NEWSWIRE) -- Lysander Funds Limited (“Lysander”), the manager of Canso Credit Income Fund (the “Fund”) (TSX: PBY.UN), today announced that the Fund intends to commence the use of repurchase and reverse repurchase transactions as part of its investment strategy to generate additional income and enhance portfolio efficiency in support of its investment objectives. The Fund may commence entering into these transactions on or about August 18, 2026, following its anticipated conversion from a closed-end fund to an exchange-traded fund, to be named Lysander-Canso Credit Income ActivETF, as previously announced in Lysander's press release dated June 4, 2026.

2026-06-18 11:30:00

Lysander Funds Limited Announces Unitholder Meeting Approval for Conversion of Canso Credit Income Fund into an Exchange-Traded Fund

TORONTO, June 04, 2026 (GLOBE NEWSWIRE) -- Lysander Funds Limited (“Lysander”), the manager of Canso Credit Income Fund (the “Fund”) (TSX: PBY.UN), announces that, at the special meeting of unitholders of the Fund held on June 4, 2026, unitholders of each class of the Fund have approved a change in the structure of the Fund from a closed-end fund into an exchange-traded fund (the “Conversion”), along with other related changes necessary to facilitate and implement the Conversion.

2026-06-04 15:40:00

Lysander Funds Limited Announces Disposition of Units of Canso Credit Income Fund

TORONTO, May 29, 2026 (GLOBE NEWSWIRE) -- Lysander Funds Limited (“Lysander”) announces today that on May 28, 2026, it disposed of 48,100 Class A units of Canso Credit Income Fund (“CCIF” or the “Issuer”) at a weighted average price of $16.32 per unit for gross proceeds of $785,173 through the facilities of the Toronto Stock Exchange (“TSX”) (the “Disposition”). Class A units of CCIF are listed and traded on the TSX (TSX: PBY.UN). CCIF is a reporting issuer under the securities legislation in each of the provinces and territories in Canada. Lysander is the investment fund manager of CCIF.

2026-05-29 15:33:00

John Carswell Announces Holdings in Canso Credit Income Fund

TORONTO, May 27, 2026 (GLOBE NEWSWIRE) -- John Carswell announced today that on May 26, 2026, Lysander Funds Limited (“Lysander”), a company which Mr. Carswell beneficially owns, disposed Class A Units (“Class A Units”) of Canso Credit Income Fund (TSX: PBY.UN) (the “Issuer”) through the facilities of exchanges, including the Toronto Stock Exchange (the “Disposition”). Mr. Carswell's indirect ownership of the Issuer decreased by 18,567 Class A Units.

2026-05-27 15:47:00

Lysander Funds Limited Announces Disposition of Units of Canso Credit Income Fund

TORONTO, May 21, 2026 (GLOBE NEWSWIRE) -- Lysander Funds Limited (“Lysander”) announces today that on May 20, 2026, it disposed of 50,000 Class A units of Canso Credit Income Fund (“CCIF” or the “Issuer”) at a weighted average price of $16.35 per unit for gross proceeds of $817,514 through the facilities of the Toronto Stock Exchange (“TSX”) (the “Disposition”). Class A units of CCIF are listed and traded on the TSX (TSX: PBY.UN). CCIF is a reporting issuer under the securities legislation in each of the provinces and territories in Canada. Lysander is the investment fund manager of CCIF.

2026-05-21 13:54:00

John Carswell Announces Holdings in Canso Credit Income Fund

TORONTO, May 12, 2026 (GLOBE NEWSWIRE) -- John Carswell announced today that on May 11, 2026, Lysander Funds Limited (“Lysander”), a company which Mr. Carswell beneficially owns, disposed Class A Units (“Class A Units”) of Canso Credit Income Fund (TSX: PBY.UN) (the “Issuer”) through the facilities of exchanges, including the Toronto Stock Exchange (the “Disposition”). Mr. Carswell's indirect ownership of the Issuer decreased by 12,378 Class A Units.

2026-05-12 16:52:00

Lysander Funds Limited Announces Disposition of Units of Canso Credit Income Fund

TORONTO, May 08, 2026 (GLOBE NEWSWIRE) -- Lysander Funds Limited (“Lysander”) announces today that on May 7, 2026, it disposed of 50,000 Class A units of Canso Credit Income Fund (“CCIF” or the “Issuer”) at a weighted average price of $16.30 per unit for gross proceeds of $815,006 through the facilities of the Toronto Stock Exchange (“TSX”) (the “Disposition”). Class A units of CCIF are listed and traded on the TSX (TSX: PBY.UN). CCIF is a reporting issuer under the securities legislation in each of the provinces and territories in Canada. Lysander is the investment fund manager of CCIF.

2026-05-08 16:06:00

Disclaimers

StockQuay.com is not operated by a broker, dealer, or registered investment advisor. Under no circumstances should any information published on StockQuay.com be considered a recommendation to buy, sell, or hold any security. The content on this site and in its associated newsletters is intended solely for informational and educational purposes and does not constitute investment advice or financial recommendations.

Individuals or entities featured or referenced on StockQuay.com may engage in trading activity involving the securities mentioned in any article or report before or after such content is published. These individuals or entities are not affiliated with StockQuay.com, and their inclusion does not imply endorsement or accuracy of their views or actions.

StockQuay.com, its owners, or its affiliates shall not be held liable to any user or third party for any damages or losses arising from the use of content on this website. This includes, but is not limited to, investment losses, loss of profit, loss of data, missed opportunities, or indirect, incidental, or consequential damages.

Data is updated daily and is not guaranteed to be accurate or complete.

Past performance is not indicative of future results. Please conduct your own research or consult with a qualified financial advisor before making any investment decisions