NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Prospect Enhanced Yield Fund (the “Fund”, CUSIP “PAYIX”), a debt-focused structured credit interval fund with daily net asset value and quarterly mandatory liquidity, has announced recent performance results. For the three month period ended January 31, 2026, since fully deploying the Fund’s anchor capital, the Fund has delivered an annualized total gross return of 10.6% (total net return of 10.6%i) based on net asset value, reflecting strong performance on an abs ...

Core Viewpoint - Prospect Enhanced Yield Fund has declared monthly cash shareholder distributions for January, February, and March 2026, marking the fourth, fifth, and sixth distributions paid by the Fund [1] Distribution Details - The annualized total cash distribution is $2.28 per share, representing a 9.05% annualized rate based on the January 9, 2026 net asset value of $25.19 per common share [2] - The cash distribution will be payable monthly to common stockholders of record at the close of business each month, with a quarterly total of $0.57 [2] Monthly Distribution Schedule - January 2026: Record Date 01/29/2026, Payment Date 02/02/2026, Amount $0.19 per share [3] - February 2026: Record Date 02/26/2026, Payment Date 03/02/2026, Amount $0.19 per share [3] - March 2026: Record Date 03/30/2026, Payment Date 04/01/2026, Amount $0.19 per share [7] Fund Overview - Prospect Enhanced Yield Fund is a closed-end fund operating as an interval fund, focusing on acquiring and growing a portfolio of non-mortgage related structured credit instruments, including asset-backed securities and collateralized loan obligations [4] - The Fund is managed by Prospect Enhanced Yield Management, LLC, which comprises a team of investment professionals from Prospect Capital Management L.P. [4] Management 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, employing a team of over 100 professionals [5] - As of September 30, 2025, Prospect and its affiliates manage $7.3 billion in assets [5]

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].