OAK - Prospect Capital's Fiscal Q3 2019 Projected NII Decrease And NAV Increase (Includes Current Recommendation)

Beginning Note:

Since many readers have recently asked about this topic (both in public and private), please see the following articles in regards to my thoughts on Prospect Capital Corp.’s (PSEC) dividend sustainability:

Prospect Capital's Updated Dividend And NAV Sustainability Analysis - Part 2 (Includes Fiscal Year 2019 Monthly Dividend Projections)

Ares Capital's Dividend, NAV, And Valuation Vs. 14 BDC Peers - Part 2 (Indications Of An Undervalued Stock)

Focus of Article:

The focus of this article is to provide a detailed projection of PSEC’s net investment income (“NII”) for the fiscal third