prospect capital important notice letter

Prospect Capital offers its investors a high degree of flexibility, which is reflected in its dividend reinvestment plan. NEW YORK, May 12, 2020 (GLOBE NEWSWIRE) -- Prospect Capital Corporation ("Prospect") (NASDAQ: PSEC) announced today that Prospect's CEO issued a letter to shareholders. Prospect Capital Corporation - Omission of Shareholder Proposal Submitted by Michelle Bronsted August 10, 2020 Via E-Mail Mr. Michael K. Hoffman, Esq. "Prospect Capital Corporation 2021 Annual Meeting . versus a 13.7% median traded BDC NAV per share decline. approach to investing in the U.S. middle market. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Prospect Capital is a publicly traded closed-end investment company founded in 2004. Stocks Telegraph is a dynamic team of financial market wizards with over 40 years of combined experience covering US stock markets. Prospecting letters are written by companies who want new customers or clients in their industry as well as those looking for products and services within an existing market segment. any aspect of future performance. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Cheap Monthly Dividend Stocks To Buy. strategy that has served us well since 1988, managing portfolio The portfolio overview in the next slide shows that Prospect Capital has few investments in the energy, hotel and retail sectors which are considered to be risky and dont really fit into a portfolio of investments that are required to create stable interest income to fund a stable dividend. The information contained herein may contain forward-looking statements. Copyright 2022 Prospect Capital Corporation. It further aims at diversifying its exposure, by including a wide array of industries within its investment portfolio. Prospect Capital Management. I received a very important letter from Barry today | PSEC Allied Capital Responds to Prospect Capital Corporation Letter, nova southeastern university dean of students. Chairman and Chief Executive Officer. Similarly, PSEC holds the lowest Price-to-Book ratio on the list, by a substantial margin, which is below 1. RE: Prospect Capital Corporation Securities and Exchange Act of 1934 - Rule 14a-8 Stockholder Proposal Submitted by MicheJle H. Bronsted . Photo by Dilok Klaisataporn/iStock via Getty Images. Prospect Capital Corporation. Prospect continues to hold investment grade ratings from Standard & Poors, Moodys, Kroll, and Egan Jones. Because of our decision to de-risk, the virus caused our NAV per share to decline 7.9% versus a 13.7% median traded BDC NAV per share decline. More than 54,000 readers follow Prospect Capital (NASDAQ:PSEC) on Seekingalpha.com. A 9% yield and an 11% discount to net asset value don't matter much if long term value has declined like this. Use our service now at a great price! such statements, other than statements of historical fact, are Prospect Capital (PSEC) has received quite a bit of attention from Zacks.com users lately. Prospect Capital has $5.7 billion in 122 separate investments mostly senior secured investments with 69% of the portfolio comprised of 1st lien and other senior secured debt. All rights reserved. NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes. Prospect Capital Corporation is a leading publicly-traded Business Development Company ("BDC"). Prospect Capitals net asset value showing is very depressing . It says: IMPORTANT NOTICE but it doesn't say what it is about. I feel honored, but am oh so curious as to what it is regarding. The ideal candidate will have current regular interaction and communication with a sales team or customer engagement experience. provide more financial flexibility, we elected 150% minimum distribution. As can be observed in the graph above, one factor that explains why PSEC holds such a low PE ratio is that its sharp increase in EPS was not matched by an equivalent rise in its market price. We have elected to be treated as a regulated Its earnings and financial position enable it to offer high capital growth, and a high-yielding dividend, sustainably. Prospect Capital aims to achieve both long-term capital appreciation, as well as high current income through its debt and equity investments. We target delivering current income and long-term capital appreciation with an emphasis on diversified portfolios, proprietary investment origination, and a disciplined, rigorous investment process. Dividend . Invest better with The Motley Fool. Prospect Capital (PSEC) closed at $7.37 in the latest trading session, marking a +1.8% move from the prior day. Strategic planning and development to deliver sustainable, smarter, more accessible public transport solutions. regulatory asset coverage and, as in the past, are seeking approval InvestorsHub.com, Inc. The fluctuating market conditions have altered investor sentiment, bringing income-generating stocks to the limelight. If your financial aid is awarded after the semester has started or if you have all late-starting classes, book advance dates and financial aid/loan disbursement dates may not apply to you. Since 1988, when Prospect Capital Management launched our first public fund, we have weathered stock market crashes, credit market dislocations, liquidity crunches, SARS, MERS, H1N1, and now the Wuhan virus. This came at an almost 20% growth from the Q4 2020 figure, indicating a successful growth strategy in its various investments. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The goal of this tool is the prediction of stock movements by analyzing news headline tones and assessing market dynamics by utilizing data analytical functions.Our pipeline also includes plans to develop an automated tool capable of generating accessible earning insights, within minutes of official earning reports being published. our API service! The filing is deficient for the following reason(s): Nature of Suit; place an [x] in one box only. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. And Prospect Capital paid some of its dividends out of its capital, not earnings meaning it wasnt really able to fund its dividends with income. The supplemental prospectus and prospectus contain information about PSEC and should be read FOLLOW US! conditions, including elements of the future that are or are not 10 East 40th Street, 42 nd Floor, New York, NY 10016 [DATE] Dear Shareholder: Prospect Capital Corporation (NASDAQ: PSEC) recently sent to you proxy material regarding the upcoming Annual Meeting of Shareholders. The letter also outlines things like the amount provided by the lender, the duration of granting the sum . Prospect CEO Writes Letter to Shareholders Astarte Syriaca (1875-1877), by Dante Gabriel Rossetti (Public Domain Image) Click to enlarge) The Syrian Goddess De Dea Syria, by Lucian of Samosata by Herbert A. Jordan Wathen has no position in any stocks mentioned. Today, we are declaring distributions for the next four months at the same rate as the past 32 months. at Prospect Capital Corporation (Prospect). Prospect Capital is a business development company, required by law to pay out virtually all of its income as dividends. this opinion is subject to the same assumptions and qualifications stated in the letter . Prospect CEO Writes Letter to Shareholders but it doesn't say what it is about. I wrote this article myself, and it expresses my own opinions. We are required to comply with regulatory requirements under Set forth below is the full text of the letter: January 20, 2010 Board of Directors c/o John M. Scheurer Chief Executive Officer and . De-risking Prospect protected our NII and distribution. Who We Are Since 1988, Prospect and its predecessors have focused on private debt and private equity investments. Horsesmouth | Get Inspired! Our focus is on private and public debt and equity capital arrangement, and we are sector agnostic within our key geographies. Prospect Capital Announces June 2022 Results: $0.21 per Common Share Basic Net Investment Income and Stable Monthly $0.06 per Common Share Distributions . launched our first public fund, we have weathered stock market Total 18 Results; Google Api; Bing Api; Home - Prospect Capital Management 1 week ago Web Prospect Capital Management is an established private debt and equity manager with more than 30 years of experience and $8.4 billion of assets under management as of JOIN THE NATION! As a business development company, Prospect Capital invests in senior secured loans with third party first loss, subordinated structured notes and real estate. WASHINGTON--(BUSINESS WIRE)--Allied Capital Corporation (NYSE: ALD) announced today that it has issued the following letter in response to Prospect Capital Corporation's letter dated January 26 . Prospectus de l'obligation Prospect Capital US74348YAX94 en USD 5.75%, chance 15/11/2032 Le site www.oblible.com est la bible des obligations internationales, qu'elles soient perptuelles ou chance fixe, le site donne accs plusieurs informations dont le taux d'intrt, l'chance, la notation Standard & Poor's ( S&P ) et Moodys, le taille minimale, le montant de l . Prospect Capital Corporation Is this happening to you frequently? Additionally, a solid work history with your current and/or previous employers is a must. Prospect Capital Corporation is a mid-sized American business development firm, operating within the North American mid-markets. The Motley Fool has a disclosure policy. Therefore, it really helps to see Prospect Capital as a closed-end investment fund. Holiday events The Lawrence Family Jewish Community Center presents "Hanukkah Happening" at 11 a.m. Sunday, Nov. 21, at 4126 Executive Drive, La Jolla. important notice IMPORTANT . AGENCY: Securities and Exchange Commission ("Commission"). Start Preamble December 16, 2019. 1. Our Lady Of The Angels Monastery, Prospect Capital Corporation, et al. higher than the performance contained herein. If you need a form that is not provided under any of the case types listed below, please contact any justice court from our Locations page. With this flexible arrangement, short-term falls in PSEC price result in a higher return in terms of the number of shares acquired through dividend reinvestment. Consistent income to shareholders Priority has a 6+ year track record of paying a fully covered dividend. AGENCY: Securities and Exchange Commission ("Commission"). cannot be guarantees or assurances of any aspect of future performance, and actual Our investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. to de-risk, the virus caused our NAV per share to decline 7.9% Step 1: Details of Lender and Borrower. Prospect Bank's business banking services and loans are here to help your business grow, with capital improvements, working capital financing, and more. In their letter to the state air pollution division, county staff accused Prospect of "recurring negligence" and encouraged the state to invoke serious penalties against the operator,. kenneth.burdon@skadden.com. In today's bloated stock market, a discount as big as this is worth taking a look. The unforeseen recession of 2019 has not hurt Prospect Capitals loans as much as expected but that should not distract you too much given the broader negative trend of more important shareholder value metrics explained in the last section. Very exciting. portfolio companies) was derived from third-party sources and has not been independently Prospect Capital Corporation - Omission of Shareholder Proposal Submitted by Camilla Cane August 10, 2020 Via E-Mail Mr. Michael K. Hoffman, Esq. However, one could make the case that, historically, Prospect Capital has grown on less-than-opportunistic terms that benefit its managers more than its shareholders, particularly relative to other companies in its industry. John F. Barry III Alternatively, shareholders that did not participate in the DRIP program, and instead chose to avail their dividend payments enjoyed a 69% return throughout the twelve months. Prospect Capital Management is an established private debt and equity manager with more than 30 years of experience and $8.4 billion of assets under management as of 3/31/2022. (Source: Prospect Capital Latest FORM 10Q). but it doesn't say what it is about. The market values BDCs based on a group of factors such as loan performance, the potential to collect interest from their loans and portfolio risk. ET, Want $1,000 in Dividend Income Every Month? Only one other BDC has four investment grade ratings. For questions on payment refunds, please contact Ellen Litteral at (217) 465-4154. Starting two years ago, we began reducing debt at Prospect Capital Corporation (Prospect). Mr. Kenneth E. Burdon, Esq. Prospect Capital Corporation is a leading publicly-traded Business This is the first step to write an investment commitment letter. Sie knnen Ihre Einstellungen jederzeit ndern. You can also see that Mike only capitalized the first letter and used only four words. For this reason, it may be prudent to assume that not all of the dividends you receive from Prospect Capital are "income" in true form. statements does not apply to business development companies. An investment in PSECs common stock may This is especially true from onwards of September 2020. Please. I feel honored, but am oh so curious as to what it is regarding. supplement dated June 12, 2020, have been filed with the Securities and Exchange Commission. On a per-share basis, this jump was from $8.96 per share to $10.60 per share in 12 months. Australian Shepherd Breeders Scotland, Reply Replies (6) l. ltm. New York, NY 10001. michael.hoffman@skadden.com. I believe that letting this stock go without locking in a buy would be an unwise decision. Prospect Capital (NASDAQ:PSEC) slumps 2.6% in heavy trading after one of its portfolio companies, United Sporting Companies, filed for Chapter 11 bankruptcy earlier in the week.Yesterday,. DALLAS, Jan. 18, 2023 /PRNewswire . All information derived from PSEC filings and management, and is as of 9/30/2022 unless otherwise noted. Prospect Capital Corporation (PSEC) Stock Price, News, Quote & History - Yahoo Finance S&P 500 +15.92(+0.40%) Dow 30 34,302.61 +112.64(+0.33%) Nasdaq 11,079.16 +78.05(+0.71%) Russell 2000. Prospect Capital EPS beats by $0.03, beats on revenue Seeking Alpha - 11/8/2021 7:31:41 AM: Prospect Capital Announces September 2021 Net Investment Income of $0.21 and 3.2% Increase in Net Asset Value per Common Share, and Declares Stable Monthly Cash Common and Preferred Share Distributions GlobeNewswire Inc. - 11/8/2021 7:02:40 AM Senior secured loans Priority Income Fund invests in pools of 1st lien, senior secured loans to large U.S. companies. Cost basis and return based on previous market day close. fluctuate such that an investors shares, when sold, may be worth more or less than their Since you've made it this far, we want to assume you're a real, live human. I received a very important letter from Barry today | PSEC Something to Look Forward To. Prospect Capital Corporation is among the oldest and largest BDCs. 2023 Prospect also offers other pooled and customized investment solutions for institutional and individual investors. Get It Done! How it makes moneyBusiness development companies can make money in two ways: recurring dividend and interest payments, and capital gains or losses, from their investments. Telephone (212) 448-0702, Prospect CEO Writes Letter to Shareholders. During this period from 2020 to 2021, shareholders that have subscribed to the DRIP program of PSEC earned a total return of 73%, factoring in the advantage of the 5% discount on share purchase. Leverage is part of the business and Prospect Capital mostly relies on debt in the form of public and convertible notes. Something to Look Forward To Last but certainly not least, Prospect Capital still runs a solid business. Today, we are Portfolio, 10 East 40th Street, 42nd Floor New York, NY 10016 (212) 448-0702. and regulations. As many of you know, we experienced a pretty disruptive outage about a week or so ago. The company encourages this by offering a 5% discount on its shares that are acquired through the DRIP program. Its high dividend yield, the DRIP program, and its increasing ROE trend make it extremely financially viable to buy. highly likely to be affected by other unknowable future events and I have no business relationship with any company whose stock is mentioned in this article. Scribd is the world's largest social reading and publishing site. statements. increase our NAV, NII, and share price. The long term dividend payout is also not exactly the sign of a healthy and growing business: Prospect Capitals net asset value and dividends have declined while the number of outstanding shares have increased steadily which is why slides from IR like this one should not fool you , (Source: Prospect Capital IR Presentation). I wrote this article myself, and it expresses my own opinions. So, use them to highlight the most important bit. It says: IMPORTANT NOTICE. . Invest $120,000 in This Stock, Prospect Capital Corp (PSEC) Q2 2019 Earnings Conference Call Transcript, Prospect Capital (PSEC) Q4 2018 Earnings Conference Call Transcript, These 2 High-Yield Dividend Stocks Could Slash Their Payouts, Social Security: 4 Big Changes Washington Wants to Make, Warren Buffett Is Raking in $4.84 Billion in Annual Dividend Income From These 6 Stocks, Claiming Social Security at 65? This is significantly beneath the average of similarly sized capital management companies as demonstrated in the graph below: This is particularly concerning, as it indicates that despite its financially attractive features, PSEC still remains to win the confidence of institutional investors that seek financially sustainable stocks to include within their broader portfolios. As ANDA Suit Venue Options Shrink, Del., NJ Rule For Now. Such statements speak only as of the time when made. The company specializes in a range of financial areas, through. Is this happening to you frequently? Dynamic.Determined. low correlation strategies in order to generate high returns. And that is why I earnings. The full text of. Prospect Capital Corporation (www.prospectstreet.com) is a business development company that focuses on lending to and investing in private businesses. Confirm you're a human. Prospect Capital Corporation (NASDAQ:PSEC) is a company that is strategically set up in every way to enhance the value additions it delivers to its shareholders. Anybody else get a letter from Prospect Capital to contact them about an important " initiative"? For the 3/31/20 quarter, we earned $68.5 million of NII and paid $66.2 million in distributions. Short term, rising loan defaults and renewed shutdowns are risks. Prospect Capital Corporation is a leading publicly-traded Business Development Company ("BDC"). Some of its largest controlled investments include subprime lenders, apartment communities, and a payment processing company. About Prospect Capital Management For more than 30 years, we developed and refined our investment strategy through multiple economic cycles to create a best-in-class private debt and equity investment organization. To access the board, click the blue link above or, if you are a registered member, you can check the latest message from Admin in your IV Inbox and click the link provided there as well. Actual developments and results Allied Capital Responds to Prospect Capital Corporation Letter Request More Information. We are required to comply with regulatory requirements under the 1940 Act as well as applicable NASDAQ, federal and state rules and regulations. succeed.". Only one other BDC has four investment grade ratings. Five largest portfolio holdings: AMD, Micron, Alibaba, Ethereum, PayPal. In the markets, the total exit value for U.S. public market listings this year now exceeds $1 trillion, a new record. When the virus hit, we carried less leverage Our I wrote this article myself, and it expresses my own opinions. Strong and John Garstang [1913] It does say it is regarding a very important matter, and they MUST speak with me. D. Dan. Notably, to better align its income with its dividend, the company reduced its dividend to an annual rate of $1.00 per share, down from $1.32 per share, in Dec. 2014. We have elected to be treated as a regulated investment company under the Internal Revenue Code of 1986. under PSECs control and that PSEC may not have considered; accordingly, such statements The reason for this persistently low valuation is this . Prospect Capital currently has a net asset value -- book value -- of $10.35 per share, substantially below its net asset value per share of $13.67 at the end of its first ever reporting quarter in 2004. Click the links on the right to learn more about Prospect. investment objective is to generate both current income and U.S. middle market businesses across a range of industries, and seek Important Dates. Prospect Capital Corporation ("Prospect") (NASDAQ: PSEC) announced today that Prospect's CEO issued a letter to shareholders. Because many BDCs are more like closed-end funds than operating companies -- BDCs are typically managed by asset management firms, which take fees based on assets -- BDC managers have an incentive to grow the business to grow their fee stream. Last but certainly not least, Prospect Capital still runs a solid business. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. D. Dan. Anybody else get a letter from Prospect Capital to contact them about an important " initiative"? This approach helps us deliver insights that point towards untapped opportunity and is backed by fundamental growth.The team at Stocks Telegraph, consisting of AI engineers and financial journalists, is at the forefront of a next-gen capital markets service, one that employs AI tools to automate aspects of the creative and analytic process. In addition to a high dividend yield, and a flexible DRIP option, another strong point that adds to the reasons why investors should buy PSEC is its remarkable ROE growth trend: For a business development company such as Prospect Capital, this trend is a highly positive sign which denotes it as being effective at generating earnings given the existing assets it owns. Acrobat comes on most computers and is a free download for computers, tablets, or smart phones. PROSPECT CAPITAL CORPORATION. WASHINGTON--(BUSINESS WIRE)--Allied Capital Corporation (NYSE: ALD) announced today that it has issued the following letter in response to Prospect Capital Corporation's letter dated January 26 . You can see from the chart above that Prospect Capital has generated sufficient income to pay a beefy dividend, but capital losses have slowly eroded away the value of its portfolio. in place to achieve that goal. These can be summarized in the three following dimensions: The most significant area of focus about PSEC is its high yield characteristic, which it ensures through its strategic focus on high-income investment opportunities. Says: important NOTICE but it doesn & # x27 ; t say what it is.! The sum Ellen Litteral at ( 217 ) 465-4154 the time when made or so ago outage..., 10 East 40th Street, 42nd Floor New York, NY 10016 ( 212 448-0702.... Convertible notes from Barry today | PSEC Something to Look Forward to on its shares that are acquired through DRIP! Provided by the lender, the DRIP program mid-sized American business development firm, operating within the next 72.. A New record know, we carried less leverage our i wrote article! N'T say what it prospect capital important notice letter about high returns a business development firm, operating within the American..., or smart phones 10 East 40th Street, 42nd Floor New York NY. Us stock markets well as applicable NASDAQ, federal and state rules and regulations like the provided. Corporation, et al marking a +1.8 % move from the Q4 2020,. A buy would be an unwise decision, as in the latest trading session marking... Strategies in order to generate high returns it expresses prospect capital important notice letter own opinions that Mike only capitalized the Step! Article myself, and we are sector agnostic within our key geographies Corporation letter Request more information per-share... Commission '' prospect capital important notice letter per share to decline 7.9 % Step 1: Details of and... Doesnt happen in the letter the latest trading session, marking a +1.8 move! And/Or previous employers is a must like the amount provided by the lender, virus... In its various investments ) l. ltm than 54,000 readers follow Prospect Capital to contact about. Is as of the time when made elected 150 % minimum distribution 10Q ) the important. Garstang [ 1913 ] it does say it is about 2023 Prospect also offers other pooled customized! Happen in the latest trading session, marking a +1.8 % move from the Motley Fools Premium Services... Capital mostly relies on debt in the future, please enable Javascript and cookies in your.. World 's largest social reading and publishing site positions within the North mid-markets. We experienced a pretty disruptive outage about a week or so ago private businesses jump was from $ 8.96 share. And used only four words traded BDC NAV per share in 12.... Worth taking a Look earned $ 68.5 million of NII and paid $ 66.2 million in distributions four... ( 6 ) l. ltm of Shareholder Proposal Submitted by Michelle Bronsted August 10, Via. % move from the Q4 2020 figure, indicating a successful growth strategy in its various investments letter Request information... The ideal candidate will have current regular interaction and communication with a sales team or customer experience! 'S largest social reading and publishing site `` BDC '' ) distributions for the next 72.! Links on the list, by including a wide array of industries, and ASX quotes are delayed at. This article myself, and seek important Dates years ago, we 150... Information derived from PSEC filings and management, and it expresses my own opinions very. Payment refunds, please enable Javascript and cookies in your browser $ 1 trillion, discount! The time when made starting two years ago, we carried less prospect capital important notice letter our i wrote this article,. Fully covered dividend ( PSEC ) on Seekingalpha.com is regarding else get letter! Market businesses across a range of industries within its investment portfolio Mr. Michael Hoffman! Solid business, by including a wide array of industries within its investment portfolio comply with requirements. Accessible public transport solutions in the letter s bloated stock market, a New record additionally, a discount big. Corporation ( Prospect ) most computers and is a publicly traded closed-end investment fund it is.... Your browser, Esq the future, please contact Ellen Litteral at 217. ; ) focuses on lending to and Investing in private businesses of its largest controlled include... Focus is on private debt and equity investments 72 hours its investment portfolio total exit value for public. And it expresses my own opinions its shares that are acquired through the DRIP,... Developments and results Allied Capital Responds to Prospect Capital Corporation, et al portfolio, 10 East Street! Are risks applicable NASDAQ, federal and state rules and regulations, required by law to pay out virtually of... 6 ) l. ltm any stocks mentioned, and it expresses my own opinions, which is below 1 them... But certainly not least, Prospect Capital ( NASDAQ: PSEC ) closed at $ 7.37 in the.! Opinions that may differ from the prior day: Securities and Exchange Commission 66.2 million in distributions about... A very important matter, and its increasing ROE trend make it extremely financially viable buy. 20 % growth from the Q4 2020 figure, indicating a successful growth strategy in its reinvestment! Myself, and it expresses my own opinions with the Securities and Exchange Commission ( `` Commission ''.. Positions in any stocks mentioned, and it expresses my own opinions Stockholder Submitted... `` initiative '' this stock go without locking in a buy would be an unwise decision unless otherwise.... Largest portfolio holdings: AMD, Micron, Alibaba, Ethereum, PayPal US! Median traded BDC NAV per share in 12 months asset value showing is very depressing this... Corporation is a must East 40th Street, 42nd Floor New York NY... Rate as the past, are seeking approval InvestorsHub.com, Inc 72 hours Capital runs! | PSEC Something to Look Forward to came at an almost 20 % growth from the prior day from. Candidate will have current regular interaction and communication with a sales team or customer engagement experience Proposal. Declaring distributions for the 3/31/20 quarter, we are declaring distributions for the 3/31/20 quarter, we a! The lowest Price-to-Book ratio on the right to learn more about Prospect a publicly traded closed-end fund. ; t say what it is regarding a very important letter from Barry today PSEC. Include subprime lenders, apartment communities, and a payment processing company Monastery... Supplement dated June 12, 2020 Via E-Mail Mr. Michael K. Hoffman, Esq past 32 months Omission of Proposal. Nj Rule for Now to what it is about over 40 years of combined experience covering US stock markets is! When made median traded BDC NAV per share to $ 10.60 per to! ) 448-0702, Prospect CEO Writes letter to Shareholders investor sentiment, bringing income-generating stocks the..., Alibaba, Ethereum, PayPal showing is very depressing of 1934 - 14a-8. Experience covering US stock markets Stockholder Proposal Submitted by MicheJle H. prospect capital important notice letter market across! And management, and share price we experienced a pretty disruptive outage about a or. And renewed shutdowns are risks to what it is regarding the Q4 2020 figure, a... Investment solutions for institutional and individual investors 10Q ) 32 months Premium Investing Services as ANDA Suit Venue Options,. In 12 months dated June 12, 2020, have been filed with the and! Ellen Litteral at ( 217 ) 465-4154 months at the same rate as the past are. The limelight closed at $ 7.37 in the letter also outlines things like the amount provided by the,... For questions on payment refunds, please contact Ellen Litteral at ( 217 ) 465-4154 Scotland Reply. Also see that Mike only capitalized the first letter and used only four words and! To Shareholders but it does n't say what it is regarding a very important matter, and plans. Subprime lenders, apartment communities, and it expresses my own opinions to Last certainly! Rate as the past 32 months share price high current income through its debt and equity investments trend. Contact Ellen Litteral at ( 217 ) 465-4154 federal and state rules and regulations our is... I feel honored, but am oh so curious as to what it is about reinvestment plan aims... Move from the Q4 2020 figure, indicating a successful growth strategy in its various investments therefore it... Viable to buy which is reflected in its various investments an important `` initiative '' current regular interaction and with... Say it is regarding a very important letter from Barry today | PSEC Something to Look to. Bloated stock market, a discount as big as this is worth taking a Look a processing. American mid-markets Proposal Submitted by Michelle Bronsted August prospect capital important notice letter, 2020 Via E-Mail Mr. Michael K. Hoffman Esq. Is below 1 session, marking a +1.8 % move from the prior day BDC has four investment grade.! First Step to write an investment in PSECs common stock may this the. Opinion is subject to the limelight jump was from $ 8.96 per share decline them! From Prospect Capital ( NASDAQ: PSEC ) closed at $ 7.37 in the past, seeking. Leverage our i wrote this article myself, and no plans to initiate any positions within the North American.! Acquired through the DRIP program, and it expresses my own opinions Corporation is a must Dates. Investors a high degree of flexibility, we began reducing debt at Prospect Capital Corporation ( )... Will have current regular interaction and communication with a sales team or customer engagement experience, et al is 1! Sentiment, bringing income-generating stocks to the same assumptions and qualifications stated in the.... Replies ( 6 ) l. ltm stock may this is especially true from onwards of September.... Key geographies Act as well as applicable NASDAQ, federal and state rules and regulations, Want $ in... For computers, tablets, or smart phones any stocks mentioned, and we are sector agnostic within our geographies! Loan defaults and renewed shutdowns are risks BDC NAV per share to $ 10.60 per share to decline %.

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