What’s to Expect from Prospect Capital in Fiscal Q4 2018

In the third fiscal quarter of 2018, Prospect Capital (PSEC) had NII (net investment income) of $70.4 million, which implies a fall YoY (year-over-year) and sequentially. Its net investment income per share also declined sequentially and YoY. The sequential decline was mainly due to an increase in administrative overhead expenses.