Prospect Capital (PSEC) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
11 Mar, 2026Executive summary
Special Meeting of Stockholders scheduled for June 9, 2026, with voting encouraged by that date.
Shareholders are asked to renew authorization for the company to sell common stock below net asset value under specific conditions.
Voting matters and shareholder proposals
Proposal to authorize, for the next 12 months, sales of common stock below net asset value, limited to no more than 25% of outstanding shares on any sale date.
Board of Directors unanimously recommends voting FOR the proposal.
Voting can be completed online, by phone, or by mail, with instructions provided.
Board of directors and corporate governance
Board has reviewed and supports the proposal, emphasizing its importance for corporate flexibility.
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Latest events from Prospect Capital
- Proposal seeks renewed authority to sell common stock below NAV, with Board support and dilution risks.PSEC
Proxy Filing11 Mar 2026 - Robust middle-market lender with strong returns, low risk, and disciplined financial management.PSEC
Investor presentation2 Mar 2026 - Shareholders are asked to renew approval for below-NAV stock sales, capped at 25% per sale.PSEC
Proxy Filing27 Feb 2026 - Net investment income was $91M, NAV per share $6.21, and first lien loan exposure increased.PSEC
Q2 202610 Feb 2026 - Net investment income was $102.9M, NAV $8.74, and the 86th straight dividend was declared.PSEC
Q4 202422 Jan 2026 - Net investment income fell as NAV declined and the portfolio shifted to first-lien loans.PSEC
Q1 202515 Jan 2026 - Annual meeting adjourned to January 15, 2026, to solicit more votes on key proposals.PSEC
Proxy Filing8 Jan 2026 - NII was $86.4M, NAV per share $7.84, with strong liquidity and low non-accruals at 0.4%.PSEC
Q2 202523 Dec 2025 - Annual meeting adjourned to January 8, 2026, to solicit more votes on a key proposal.PSEC
Proxy Filing16 Dec 2025