Prospect Capital: A NAV Revaluation Play (NASDAQ:PSEC)

Core Viewpoint - Prospect Capital Corporation (PSEC) reported better-than-expected net investment income (NII) results for the last quarter, exceeding consensus estimates [1] Financial Performance - The company experienced an improvement in its dividend coverage quarter-over-quarter [1] - Despite the positive NII results, PSEC reported ongoing net asset value erosion [1]