PC · PRIVATE CREDIT

Prospect Enhanced Yield Fund

Prospect Capital · Interval Fund

Program Overview

Interval Fund

Peer Group Filters

Objectives: IncomeCapital Appreciation
Asset Class: Private Credit
Vehicle: Interval Fund
Single / Multi Asset: Multi-Asset

Sponsor/Manager

Prospect Capital

Asset Class

Private Credit

Issuer

Prospect Enhanced Yield Fund

Issuer Legal Structure

Delaware Statutory Trust

Program Life Structure

Evergreen

Securities Offered

Equity - Class A Shares of Beneficial Interest Equity - Class C Shares of Beneficial Interest Equity - Class I Shares of Beneficial Interest

Target Leverage

Minimum 300% asset coverage Reverse repurchase agreements $4,544,000 at 6/30/2026 (14.5% of net assets), secured by $6,719,835 of pledged investments. Asset coverage $7,873 per $1,000 (about 787%); minimum 300% on debt, 200% on preferred stock. Interest expense $112,948.

Strategy Risk/Return Profile

Managing Broker-Dealer

Ultimus Fund Distributors, LLC

Scale

1,277,995 Class I shares outstanding · 37 Portfolio investments (36 CLO debt, 1 ABS)

Minimum Investment

$2,500

Class A Shares of Beneficial Interest · waivable

Strategy Overview

The Fund invests at least 80% of net assets plus borrowings in non-mortgage asset-backed structured credit: ABS, CLOs and similar securitized assets, mainly unrated or below-investment-grade ABS debt including BB-rated CLO debt tranches and, to a lesser extent, CLO equity. May use credit derivatives and buy CMBS. Objectives: current income; long-term capital appreciation is secondary. At 6/30/2026: 37 positions, 36 BB-rated CLO debt and one consumer-loan ABS.

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