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Prospect Capital (PSEC) Company Profile

Updated May 14, 2020
Prospect Capital has the following business profile:
Company's Full Name:Prospect Capital Corporation
Short Name:Prospect Capital
Trading Ticker Symbol:PSEC
Primary Exchange:NASDAQ
Headquarter City/Country:New York, NY
Primary Industry Sector:Finance
Seconday Sub-sector:Investment Managers
Main Business Areas: Finance, Investment Managers, Financial Services, Asset Management, Private Equity
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Prospect Capital stock

Market and Trading Information for Prospect Capital

The following details were available for trading and market data about the stock of Prospect Capital as of writing:
Current Share Price:$4.46
Previous Year's Closing Price:$6.44
Percentage Price Change (YTD):-30.75%
Market Cap:$1.65 billion
52-week Price Range:$3.68 - $6.87
Dividend Per Share:$0.72
EPS (TTM):0.37
Price-Earnings (Trailing):12.12
Price-Earnings (Forward):8.58

Company Profile and Business Description for Prospect Capital

Prospect Capital Corporation, incorporated on April 13, 2004, is a financial services company. The Company primarily lends to and invests in middle market privately held companies. The Company is a closed-end investment company. The Company's investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The Company invests primarily in senior and subordinated debt and equity of private companies in need of capital for acquisitions, divestitures, growth, development, recapitalizations and other purposes. The Company works with the management teams or financial sponsors to seek investments with historical cash flows, asset collateral or contracted pro-forma cash flows. The Company makes investments, including lending in private equity sponsored transactions, lending directly to companies not owned by private equity firms, control investments in corporate operating companies, control investments in financial companies, investments in structured credit, real estate investments, investments in syndicated debt, aircraft leasing and online lending. The Company is managed by its investment advisor, Prospect Capital Management L.P.

The Company offers loans to companies, which are controlled by private equity firms. The Company offers first lien, second lien, unitranche or unsecured loans. The Company provides debt financing to companies owned by non-private equity firms, the company founder, a management team or a family. The Company's investments in corporate operating companies are structured as a combination of yield-producing debt and equity. The control investments in financial companies involves acquiring controlling stakes in financial companies, including consumer direct lending, sub-prime auto lending and other strategies. The Company's investments in these companies are structured as a combination of yield-producing debt and equity.

The Company makes investments in collateralized loan obligations (CLOs). The CLOs include a portfolio of syndicated loans and do not have direct exposure to real estate, mortgages, debt or consumer-based debt. The Company makes investments in real estate through its real estate investment trust (REIT), National Property REIT Corp. (NPRC). The Company's real estate investments are in various classes of developed and occupied real estate properties. The Company makes investments in loans and high yield bonds that are sold to a syndicate of buyers. It invests in debt, as well as equity in aircraft assets subject to commercial leases to credit-worthy airlines across the globe. The Company focuses on investing in both in-production and out-of-production jet and turboprop aircraft and engines, operated by airlines across the globe. The Company makes investments in loans originated by certain consumer loan and small and medium sized business (SME) loan facilitators. The borrowers are consumers and SMEs. The loans are serviced by the facilitators of the loans.

10 E 40th St Fl 44


See Full List of ETFs holding Prospect Capital stock in their respective portfolios.

Peer / Competitor Companies of Investment Managers Sector

Along with Prospect Capital Corporation, the following other peer (competitor) companies also exist within the same Investment Managers - Finance sector whose company profile and dividend history is as follows:

▶ Adams Diversified Equity Fund (ADX): Adams Diversified Equity Fund, Inc., formerly The Adams Express Company, incorporated on February 10, 1976, is a diversified closed-end equity investment company. The Company?ÇÖs holdings include Adams Natural Resources Fund, ....See Detailed Company Profile,  Dividend History

▶ Adams Natural Resources Fund (PEO): Adams Natural Resources Fund, Inc. is a self-managed investment trust. The firm invests in the public equity markets across the globe. It invests in stocks of companies of all market capitalizations o....See Detailed Company Profile,  Dividend History

▶ Affiliated Managers (AMG): Affiliated Managers Group, Inc., incorporated on December 29, 1993, is an asset management company with equity investments in boutique investment management firms (Affiliates). The Company is focused on investing around ....See Detailed Company Profile,  Dividend History

▶ Alcentra Capital (ABDC): Alcentra Capital Corporation is a specialty finance company that operates as a non-diversified, closed-end management investment company. The Company operates as a business development company and a regulated investment company. ....See Detailed Company Profile,  Dividend History

▶ AllianceBernstein Holding (AB): AllianceBernstein Holding L.P., incorporated on November 18, 1987, is engaged in providing research, investment management and related services to a range of clients through its three buy-side distribution channels: Institutions, ....See Detailed Company Profile,  Dividend History

▶ AllianzGI Convertible and Income Fund (NCV): AllianzGI Convertible & Income Fund, formerly AGIC Convertible & Income Fund, is a diversified, closed-end management investment company. The Funds investment objective is to provide total return through a combination ....See Detailed Company Profile,  Dividend History

▶ AllianzGI Convertible and Income Fund II (NCZ): AllianzGI Convertible & Income Fund II (the Fund), formerly AGIC Convertible & Income Fund II, is a diversified, closed-end management investment company. The Funds investment objective is to provide total ....See Detailed Company Profile,  Dividend History

▶ AllianzGI Diversified Income and Convertible Fund (ACV): AllianzGI Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.....See Detailed Company Profile,  Dividend History

▶ AllianzGI Equity and Convertible Income Fund (NIE): AllianzGI Equity and Convertible Income Fund, formerly AllianzGI Equity & Convertible Income Fund, is a diversified, closed-end management investment company. The Fund?ÇÖs investment objective is to seek total return consisted ....See Detailed Company Profile,  Dividend History

▶ Alpine Global Dynamic Dividend Fund (AGD): Alpine Global Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Funds primary investment objective is to seek high current dividend income. It also focuses on ....See Detailed Company Profile,  Dividend History

▶ Alpine Global Premier Properties Fund (AWP): Alpine Global Premier Properties Fund (the Fund) is a diversified, closed-end management investment company. The Fund?ÇÖs primary investment objective is capital appreciation. The Fund?ÇÖs secondary investment objective is high current ....See Detailed Company Profile,  Dividend History

▶ Alpine Total Dynamic Dividend Fund (AOD): Alpine Total Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Fund has an investment objective to invest in equity securities that provide high current dividend ....See Detailed Company Profile,  Dividend History

▶ Ameriprise Financial (AMP): Ameriprise Financial, Inc., incorporated on September 29, 1983, is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in five segments: Advice ....See Detailed Company Profile,  Dividend History

▶ Apollo Global Management LLC (APO): Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual in....See Detailed Company Profile,  Dividend History

▶ Apollo Investment (AINV): Apollo Investment Corporation, incorporated on February 2, 2004, is a closed-end, externally managed, non-diversified management investment company. The Companys investment objective is to generate current income and capital appreciation. It ....See Detailed Company Profile,  Dividend History

▶ Ares Capital (ARCC): Ares Capital Corporation, incorporated on April 16, 2004, is a specialty finance company. The Company operates as a closed-end, non-diversified management investment company. The Companys investment objective is to generate ....See Detailed Company Profile,  Dividend History

▶ Ares Management (ARES): Ares Management, L.P., incorporated on September 3, 1997, is an alternative asset manager. The Company offers its investors a range of investment strategies. The Company operates through three segments: Credit ....See Detailed Company Profile,  Dividend History

▶ Artisan Partners Asset Management (APAM): Artisan Partners Asset Management Inc., incorporated on October 25, 2012, is an investment management company. The Company provides a range of the United States, non-United States and global investment strategies, ....See Detailed Company Profile,  Dividend History

▶ ASA Gold and Precious Metals (ASA): ASA Limited, incorporated on April 29, 2003, is a closed-end management investment company. The Company invests in the companies engaged in the exploration, mining or processing of gold, silver, platinum, ....See Detailed Company Profile,  Dividend History

▶ Berkshire Hathaway (BRK.B): Berkshire Hathaway Inc. (Berkshire), incorporated on June 16, 1998, is a holding company owning subsidiaries engaged in various business activities. The Companys segments include Insurance, Burlington Northern Santa Fe, LLC ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

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