Prospect Capital Corporation (PSEC) is a business development company (BDC) and a leading provider of flexible debt and equity financing solutions to middle-market businesses. The company offers a diversified portfolio of investments including senior secured loans, mezzanine debt, collateralized loan obligations, equity investments, and real estate-related assets; it also manages collateralized loan obligations through its wholly-owned subsidiaries Prospect Capital Funding and Prospect Capital InterNotes. Prospect Capital operates primarily in the United States, targeting underserved middle-market companies across various industries such as manufacturing, industrials, energy, healthcare, and consumer products, with a focus on control-oriented investments that generate current income and long-term capital appreciation. Founded in 2004 and headquartered in New York City, the company is externally managed by Prospect Capital Management L.P. and Prospect Administrator L.P., and it trades on the Nasdaq Global Select Market under the ticker PSEC (also listed as 0R25.L on the London Stock Exchange). In recent developments, Prospect Capital has continued to expand its portfolio through new debt and equity financings, including strategic investments in portfolio companies amid market volatility, while maintaining its monthly dividend distributions to shareholders as of late 2025.