Fund Description: Prospect Capital Corp.is a publicly-traded closed-end investment company that has elected to be treated as a business development company. PSEC invests primarily in first-lien and second-lien senior loans and mezzanine debt, which in some cases include an equity component. It provides capital to middle-market companies and private equity financial sponsors for refinancings, leveraged buyouts, acquisitions, recapitalizations, later-stage growth investments, and capital expenditures. PSEC’s portfolio is diversified across a wide variety of industries, including manufacturing, industrials, energy, business services, financial services, food, healthcare, and media, as well as many other sectors. PSEC also invests in other high income producing strategies including collateralized loan obligations (CLOs), marketplace lending, and multi-family real estate.