Prospect Announces 14.96% Annual Dividend
Prospect Floating Rate announced a monthly base dividend and a quarterly bonus dividend, resulting in a total annualized cash distribution rate of 14.96%. The strong yield reflects the fund's focus on high-yield floating rate debt investments.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
Get real-time financial news in your trading bot or app
GET FREE KEY — 10,000 calls/day