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Prospect Capital Corporation (PSEC-0.68%) has submitted its 10-Q filing for the quarterly period ended September 30, 2024.
The filing includes consolidated financial statements, showing total assets of $7,592,705,000 and total liabilities of $2,469,590,000 as of September 30, 2024.
Investments at fair value were reported at $7,476,641,000, with control investments valued at $3,744,510,000, affiliate investments at $21,658,000, and non-control/non-affiliate investments at $3,710,473,000.
Net investment income for the quarter was $89,877,000, compared to $125,612,000 in the same quarter of the previous year.
Total operating expenses for the quarter were $106,431,000, slightly down from $110,633,000 in the previous year.
Net realized and unrealized losses from investments amounted to $224,137,000, compared to $8,860,000 in gains in the previous year.
The company reported a net decrease in net assets resulting from operations of $134,012,000 for the quarter.
Preferred stock dividends paid during the quarter were $27,157,000.
The net asset value per common share was reported at $8.10, down from $8.74 at the end of the previous fiscal year.
Prospect Capital Corporation continues to operate as a business development company and a regulated investment company, with a focus on maintaining its investment portfolio and managing its financial obligations.
This content was summarized by generative artificial intelligence using public filings retrieved from SEC.gov. The original data was derived from the Prospect Capital Corporation quarterly 10-Q report dated November 8, 2024. To report an error, please email earnings@qz.com.