Prospect Capital: Huge Discount And 20% Yield Are Signs To Avoid At All Costs

Core Viewpoint - Prospect Capital Corp. (NASDAQ: PSEC) presents an attractive investment opportunity due to its significant discount to net asset value and a yield exceeding 20%, appealing particularly to income-focused investors [1]. Group 1: Investment Appeal - The current discount to net asset value for Prospect Capital Corp. makes it a tempting option for investors seeking income [1]. - The yield of over 20% is highlighted as a key factor that may attract income-focused investors [1]. Group 2: Investor Profile - The article reflects a perspective aimed at helping lower and middle-class workers build investment portfolios centered on high-quality, dividend-paying companies [1]. - The author emphasizes a buy-and-hold investment strategy, prioritizing quality over quantity in stock selection [1].