{"success":true,"data":{"pressRelease":{"id":"9685","rtpr_id":"nGNX651q1S","ticker":"PSEC","exchange":"NASDAQ","all_tickers":["PSEC"],"title":"Prospect Enhanced Yield Fund Announces 9.33% Annualized Total Cash Distribution Rate (on Net Asset Value) for April through June 2026","author":"Globe Newswire","published_at":"2026-04-27T20:22:25.824Z","article_body":"NEW YORK, April 27, 2026 (GLOBE NEWSWIRE) -- Prospect Enhanced Yield Fund\n(“PENF” or the “Fund”) announced today that the Fund’s Board of\nDirectors has declared monthly cash shareholder distributions for April 2026,\nMay 2026, and June 2026. These distributions represent the seventh, eighth,\nand nineth monthly distributions paid by the Fund.\n\nThe annualized total cash distribution is $2.28 per share (9.33% annualized\nrate based on the April 19, 2026 net asset value), for distributions with\nrecord dates between April 29, 2026 and June 29, 2026 based on the current net\nasset value of $24.44 per common share.\n\nThe cash distribution will have monthly record dates and will be payable\nmonthly to common stockholders of record at the close of business each month.\nThese declared distributions equal $0.57 on a quarterly basis as follows:\n\n Monthly Cash   Record Date  Payment Date  Total Amount ($ per share)  \n Shareholder                                                           \n Distribution                                                          \n April 2026     04/29/2026   05/01/2026    $0.19                       \n May 2026       05/28/2026   06/01/2026    $0.19                       \n June 2026      06/29/2026   07/01/2026    $0.19                       \n\nDistributions shall first be treated as a distribution of taxable investment\ncompany income undistributed from the prior year (not applicable for 2025) and\nthen treated as a distribution of taxable investment company income for the\ncurrent year. This treatment will not affect tax reporting to shareholders.\n\nThe Prospect Enhanced Yield Fund is distributed by Ultimus Fund Distributors,\nLLC, Member FINRA/SIPC.\n\nAbout Prospect Enhanced Yield Fund\nProspect Enhanced Yield Fund is a closed-end fund that operates as an interval\nfund and was created to acquire and grow an investment portfolio primarily\nconsisting of non-mortgage related structured credit instruments, including:\nasset-backed securities, collateralized loan obligations and other securitized\ninvestments representing interests in cashflows from various assets, such as\nloans, leases, and warehouse facilities. The Fund may invest in structured\ncredit instruments that are fixed rate or floating or variable rate, and of\nany credit quality, duration, or maturity. The Fund is managed by Prospect\nEnhanced Yield Management, LLC, which is led by a team of investment\nprofessionals from the investment and operations team of Prospect Capital\nManagement L.P. For more information, visit www.ProspectEnhanced.com.\n\nAbout Prospect Capital Management L.P.\nProspect Capital Management L.P. (“Prospect”), headquartered in New York\nCity, is an SEC-registered investment adviser that, along with its\npredecessors and affiliates, has more than 30-years of investing in and\nmanaging high-yielding debt and equity investments using both private\npartnerships and publicly traded closed-end structures. Prospect and its\naffiliates employ a team of over 100 professionals who focus on\ncredit-oriented investments yielding attractive current income. Prospect,\ntogether with its affiliates, has $7.2 billion of assets under management as\nof December 31, 2025. Prospect is the investment adviser to Prospect Capital\nCorporation (NASDAQ: PSEC). For more information, call (212) 448-0702 or visit\nhttps://www.prospectcap.com.\n\nAdditional Information\n\nPast performance is not indicative of future performance. The achievement of\ninvestment returns is dependent on a multitude of factors, many of which are\nbeyond the control of Prospect Enhanced Yield Fund. Any investment involves\nrisk, including the risk of loss of all or a portion of the invested amount.\nAny investment is subject to a variety of risks and there can be no assurance\nthat any investment will meet its investment objectives, if any, or that\ninvestors will not incur losses.\n\nOur distributions may exceed our earnings, and therefore, portions of the\ndistributions that we make may be a return of the money that you originally\ninvested and represent a return of capital to you for tax purposes. The Fund\nwill ordinarily pay distributions from its net investment income, if any, on a\nmonthly basis. Distributions are not guaranteed. Based on current estimates,\nApril, May and June 2026 distributions reflect a return of income, and the\nFund does not expect any portion of the distributions to be a return of\ncapital. Such a return of capital is not immediately taxable, but reduces your\ntax basis in our shares, which may result in higher taxes for you even if your\nshares are sold at a price below your original investment.\n\nInvestors should consider the investment objective and policies, risk\nconsiderations, charges and ongoing expenses of an investment carefully before\ninvesting. The prospectus and summary prospectus contains this and other\ninformation relevant to an investment in the fund. Please read the prospectus\nor summary prospectus carefully before you invest or send money. To obtain a\nprospectus, please contact your investment representative or Investor Services\nat 866.655.3650.\n\nForward-Looking Statements\nThis press release may contain certain forward-looking statements within the\nmeaning of the Private Securities Litigation Reform Act of 1995, including\nstatements regarding the future performance of Priority Income Fund, Inc.\nWords such as \"believes,\" \"expects,\" \"projects,\" and \"future\" or similar\nexpressions are intended to identify forward-looking statements. Any such\nstatements, other than statements of historical fact, are highly likely to be\naffected by unknowable future events and conditions, including elements of the\nfuture that are or are not under the control of Priority Income Fund, Inc. and\nthat Priority Income Fund, Inc. may or may not have considered; accordingly,\nsuch statements cannot be guarantees or assurances of any aspect of future\nperformance. Actual developments and results are highly likely to vary\nmaterially from any forward-looking statements. Such statements speak only as\nof the time when made, and Priority Income Fund, Inc. undertakes no obligation\nto publicly update or revise any forward-looking statements, whether as a\nresult of new information, future events or otherwise.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/306d6d02-902a-40ca-b95e-7a5d08b8520c)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX651q1S","title":"Prospect Enhanced Yield Fund Announces 9.33% Annualized Total Cash Distribution Rate (on Net Asset Value) for April through June 2026","author":"Globe Newswire","ticker":"PSEC","created":"2026-04-27T20:22:25.824Z","tickers":["PSEC"],"exchange":"NASDAQ","article_body":"NEW YORK, April 27, 2026 (GLOBE NEWSWIRE) -- Prospect Enhanced Yield Fund\n(“PENF” or the “Fund”) announced today that the Fund’s Board of\nDirectors has declared monthly cash shareholder distributions for April 2026,\nMay 2026, and June 2026. These distributions represent the seventh, eighth,\nand nineth monthly distributions paid by the Fund.\n\nThe annualized total cash distribution is $2.28 per share (9.33% annualized\nrate based on the April 19, 2026 net asset value), for distributions with\nrecord dates between April 29, 2026 and June 29, 2026 based on the current net\nasset value of $24.44 per common share.\n\nThe cash distribution will have monthly record dates and will be payable\nmonthly to common stockholders of record at the close of business each month.\nThese declared distributions equal $0.57 on a quarterly basis as follows:\n\n Monthly Cash   Record Date  Payment Date  Total Amount ($ per share)  \n Shareholder                                                           \n Distribution                                                          \n April 2026     04/29/2026   05/01/2026    $0.19                       \n May 2026       05/28/2026   06/01/2026    $0.19                       \n June 2026      06/29/2026   07/01/2026    $0.19                       \n\nDistributions shall first be treated as a distribution of taxable investment\ncompany income undistributed from the prior year (not applicable for 2025) and\nthen treated as a distribution of taxable investment company income for the\ncurrent year. This treatment will not affect tax reporting to shareholders.\n\nThe Prospect Enhanced Yield Fund is distributed by Ultimus Fund Distributors,\nLLC, Member FINRA/SIPC.\n\nAbout Prospect Enhanced Yield Fund\nProspect Enhanced Yield Fund is a closed-end fund that operates as an interval\nfund and was created to acquire and grow an investment portfolio primarily\nconsisting of non-mortgage related structured credit instruments, including:\nasset-backed securities, collateralized loan obligations and other securitized\ninvestments representing interests in cashflows from various assets, such as\nloans, leases, and warehouse facilities. The Fund may invest in structured\ncredit instruments that are fixed rate or floating or variable rate, and of\nany credit quality, duration, or maturity. The Fund is managed by Prospect\nEnhanced Yield Management, LLC, which is led by a team of investment\nprofessionals from the investment and operations team of Prospect Capital\nManagement L.P. For more information, visit www.ProspectEnhanced.com.\n\nAbout Prospect Capital Management L.P.\nProspect Capital Management L.P. (“Prospect”), headquartered in New York\nCity, is an SEC-registered investment adviser that, along with its\npredecessors and affiliates, has more than 30-years of investing in and\nmanaging high-yielding debt and equity investments using both private\npartnerships and publicly traded closed-end structures. Prospect and its\naffiliates employ a team of over 100 professionals who focus on\ncredit-oriented investments yielding attractive current income. Prospect,\ntogether with its affiliates, has $7.2 billion of assets under management as\nof December 31, 2025. Prospect is the investment adviser to Prospect Capital\nCorporation (NASDAQ: PSEC). For more information, call (212) 448-0702 or visit\nhttps://www.prospectcap.com.\n\nAdditional Information\n\nPast performance is not indicative of future performance. The achievement of\ninvestment returns is dependent on a multitude of factors, many of which are\nbeyond the control of Prospect Enhanced Yield Fund. Any investment involves\nrisk, including the risk of loss of all or a portion of the invested amount.\nAny investment is subject to a variety of risks and there can be no assurance\nthat any investment will meet its investment objectives, if any, or that\ninvestors will not incur losses.\n\nOur distributions may exceed our earnings, and therefore, portions of the\ndistributions that we make may be a return of the money that you originally\ninvested and represent a return of capital to you for tax purposes. The Fund\nwill ordinarily pay distributions from its net investment income, if any, on a\nmonthly basis. Distributions are not guaranteed. Based on current estimates,\nApril, May and June 2026 distributions reflect a return of income, and the\nFund does not expect any portion of the distributions to be a return of\ncapital. Such a return of capital is not immediately taxable, but reduces your\ntax basis in our shares, which may result in higher taxes for you even if your\nshares are sold at a price below your original investment.\n\nInvestors should consider the investment objective and policies, risk\nconsiderations, charges and ongoing expenses of an investment carefully before\ninvesting. The prospectus and summary prospectus contains this and other\ninformation relevant to an investment in the fund. Please read the prospectus\nor summary prospectus carefully before you invest or send money. To obtain a\nprospectus, please contact your investment representative or Investor Services\nat 866.655.3650.\n\nForward-Looking Statements\nThis press release may contain certain forward-looking statements within the\nmeaning of the Private Securities Litigation Reform Act of 1995, including\nstatements regarding the future performance of Priority Income Fund, Inc.\nWords such as \"believes,\" \"expects,\" \"projects,\" and \"future\" or similar\nexpressions are intended to identify forward-looking statements. Any such\nstatements, other than statements of historical fact, are highly likely to be\naffected by unknowable future events and conditions, including elements of the\nfuture that are or are not under the control of Priority Income Fund, Inc. and\nthat Priority Income Fund, Inc. may or may not have considered; accordingly,\nsuch statements cannot be guarantees or assurances of any aspect of future\nperformance. Actual developments and results are highly likely to vary\nmaterially from any forward-looking statements. Such statements speak only as\nof the time when made, and Priority Income Fund, Inc. undertakes no obligation\nto publicly update or revise any forward-looking statements, whether as a\nresult of new information, future events or otherwise.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/306d6d02-902a-40ca-b95e-7a5d08b8520c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-04-27T20:22:25.86744211Z","server_sent_at_ms":1777321345867},"received_at":"2026-04-27T20:22:25.928Z","source_url":null},"analysis":{"id":"7357","press_release_id":"9685","analysis_json":{"industry":{"label":"Financial Services","sector":"Financials"},"redFlags":[],"eventType":"dividend","narrative":"Prospect Enhanced Yield Fund, managed by an affiliate of Prospect Capital, declared monthly cash distributions of $0.19 per share for April, May, and June 2026.\n\nThe distributions annualize to $2.28 per share, representing a 9.33% yield based on the fund's net asset value of $24.44 per share as of April 19, 2026.\n\nThe fund's adviser noted that the distributions for the quarter are expected to be paid from income rather than return of capital.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine interval fund distribution; no material impact on the adviser."},"keyFigures":{"customDimensions":{"annualized_yield_on_nav":"9.33%","net_asset_value_per_share":"$24.44","monthly_distribution_per_share":"$0.19","quarterly_distribution_per_share":"$0.57","annualized_distribution_per_share":"$2.28"}},"quotedText":"","namedEntities":{"people":[],"products":["Prospect Enhanced Yield Fund"],"companies":[{"name":"Prospect Enhanced Yield Fund","relationship":"managed fund"},{"name":"Ultimus Fund Distributors, LLC","relationship":"distributor"},{"name":"Prospect Enhanced Yield Management, LLC","relationship":"manager"},{"name":"Prospect Capital Management L.P.","relationship":"investment adviser"}],"dollarAmounts":[{"amount":"$2.28 per share","context":"annualized total cash distribution"},{"amount":"$24.44 per common share","context":"net asset value as of April 19, 2026"},{"amount":"$0.19","context":"monthly cash distribution per share"},{"amount":"$0.57","context":"quarterly cash distribution per share"},{"amount":"$7.2 billion","context":"assets under management of Prospect Capital Management"}]},"materialImpact":{"score":1,"reasoning":"Routine monthly distribution declaration for the Prospect Enhanced Yield Fund (PENF), an interval fund managed by the Filer's affiliate. This represents standard operational updates for the fund and does not imply a material change in the Filer's (PSEC) core financial results or business outlook."},"tickerRelevance":{"others":[],"primary":"PSEC"},"globalImportance":5,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"relation":"subsidiary_fund_distribution","tickerTier":"mid_cap","eventGravity":"low"}},"event_type":"dividend","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Prospect Enhanced Yield Fund, managed by an affiliate of Prospect Capital, declared monthly cash distributions of $0.19 per share for April, May, and June 2026.\n\nThe distributions annualize to $2.28 per share, representing a 9.33% yield based on the fund's net asset value of $24.44 per share as of April 19, 2026.\n\nThe fund's adviser noted that the distributions for the quarter are expected to be paid from income rather than return of capital.","key_figures":{"customDimensions":{"annualized_yield_on_nav":"9.33%","net_asset_value_per_share":"$24.44","monthly_distribution_per_share":"$0.19","quarterly_distribution_per_share":"$0.57","annualized_distribution_per_share":"$2.28"}},"named_entities":{"people":[],"products":["Prospect Enhanced Yield Fund"],"companies":[{"name":"Prospect Enhanced Yield Fund","relationship":"managed fund"},{"name":"Ultimus Fund Distributors, LLC","relationship":"distributor"},{"name":"Prospect Enhanced Yield Management, LLC","relationship":"manager"},{"name":"Prospect Capital Management L.P.","relationship":"investment adviser"}],"dollarAmounts":[{"amount":"$2.28 per share","context":"annualized total cash distribution"},{"amount":"$24.44 per common share","context":"net asset value as of April 19, 2026"},{"amount":"$0.19","context":"monthly cash distribution per share"},{"amount":"$0.57","context":"quarterly cash distribution per share"},{"amount":"$7.2 billion","context":"assets under management of Prospect Capital Management"}]},"model_name":"glm-4.7","prompt_hash":"sha256:1fc968c3ac7f7ebb","schema_hash":"sha256:1f8af1196c7db48c","created_at":"2026-04-27T20:42:42.361Z","global_importance":5,"audience_relevance":15,"importance_components":{"relation":"subsidiary_fund_distribution","tickerTier":"mid_cap","eventGravity":"low"}},"durationMs":76004,"modelName":"glm-4.7"}}