Prospect Floating Rate and Alternative Income Fund Announces an Increased 7.5% Annualized Total Cash Distribution Percentage Rate on Net Asset Value for May 2024 and Announces a Registered Multi-Class Offering
NEW YORK, May 31, 2024 /BusinessWire/ — Prospect Floating Rate and Alternative Income Fund, Inc. (“Prospect Floating Rate and Alternative Income Fund” or the “Fund”), announced today that the Fund’s Board of Directors has declared monthly cash common shareholder distributions for May 2024. The annualized total cash distribution is $0.35625 per share (7.5% annualized percentage […]