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Prospect Floating Rate and Alternative Income Fund Announces a 14.54% Annualized Total Cash Common Shareholder Distribution Rate on Net Asset Value for March 2026
NEW YORK, March 18, 2026 (GLOBE NEWSWIRE) -- Prospect Floating Rate and Alternative Income Fund, Inc. (“Prospect Floating Rate and Alternative Income Fund” or the “Fund”), announced today that the Fund’s Board of Directors has declared its first quarterly cash “bonus” common shareholder distribution for March 2026. The annualized total cash distribution is $0.5524 per share which includes previously declared common “base” shareholder distributions (14.54% annualized percentage rate based on the
About this update from Prospect Capital Corporation
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