Prospect Floating Rate Fund declares 14.96% annualized cash distribution for June 2026.

Prospect Floating Rate and Alternative Income Fund announced a total annualized cash distribution rate of 14.96% based on its net asset value as of March 31, 2026. The Fund declared a monthly base cash distribution of $0.02924 per share and a quarterly bonus distribution of $0.04723 per share, both payable on July 2, 2026 to shareholders of record on June 26, 2026. These distributions are primarily from taxable investment company income and reflect the Fund's focus on floating rate loans to U.S. middle market companies. Investors should note that distributions may include return of capital for tax purposes, but the Fund expects June 2026 distributions to be income-based without return of capital.