PC · PRIVATE CREDIT

Prospect Floating Rate and Alternative Income Fund

Prospect Capital · BDC

Program Overview

BDC

Peer Group Filters

Objectives: IncomeCapital AppreciationCapital PreservationLow Traditional Correlation
Asset Class: Private Credit
Vehicle: BDC
Single / Multi Asset: Multi-Asset

Sponsor/Manager

Prospect Capital

Asset Class

Private Credit

Issuer

Prospect Floating Rate and Alternative Income Fund, Inc.

Issuer Legal Structure

Maryland Corporation

Program Life Structure

Evergreen

Securities Offered

Equity - Class A Shares (legacy)Equity - Class I Shares Equity - Class S Shares Equity - Class D Shares

Target Leverage

Minimum 150% asset coverage 150% coverage; 185% at 6/30/2026. $43.6M drawn (1.18x NAV) on a $75M Bank OZK revolver (SOFR + 2.50%, matures 8/10/2029) held in a financing subsidiary.

Strategy Risk/Return Profile

Managing Broker-Dealer

Ultimus Fund Distributors, LLC

Scale

9,810,965 Common shares outstanding (all classes)

Maximum Offering

$300,000,000

Raised To Date

$60,000

Minimum Investment

$2,500

Class S Shares · waivable

Strategy Overview

Externally managed, non-diversified, perpetual-life BDC seeking current income and, secondarily, capital appreciation. It invests at least 80% in floating-rate and other income investments: about 70% first and second lien loans to U.S. middle-market companies, up to 30% in equity, royalties and CLO equity or junior debt. At 6/30/2026: $73.1M fair value, 26 companies, 94% senior secured, 98% floating, non-accruals 8.8% of cost; NAV $37.1M.

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