UPDATE — Prospect Enhanced Yield Fund Announces 9.0% Annualized Total Cash Distribution Rate (on Net Asset Value) for October 2025 through December 2025

Core Viewpoint - Prospect Enhanced Yield Fund has declared its first three monthly cash shareholder distributions for October, November, and December 2025, with an annualized total cash distribution of $2.28 per share, reflecting a 9.0% annualized rate based on the net asset value as of October 20, 2025 [1][2]. Group 1: Fund Distributions - The monthly cash distributions are set at $0.19 per share for each of the months October, November, and December 2025, with record dates on October 30, November 26, and December 30, respectively [2]. - The total amount of declared distributions for the quarter amounts to $0.57 per share [2]. Group 2: Fund Structure and Management - Prospect Enhanced Yield Fund is a closed-end fund operating as an interval fund, primarily investing in non-mortgage related structured credit instruments, including asset-backed securities and collateralized loan obligations [3]. - The Fund is managed by Prospect Enhanced Yield Management, LLC, which comprises a team of investment professionals from Prospect Capital Management L.P. [3]. Group 3: Company Background - Prospect Capital Management L.P. is an SEC-registered investment adviser with over 30 years of experience in managing high-yielding debt and equity investments, currently managing $7.5 billion in assets as of June 30, 2025 [4].