Company research
Prospect Floating Rate & Alternative Income Fund, Inc.
CIK 1521945Updated Sep 26, 2026
Name history
Prospect Sustainable Income Fund, Inc. · through Sep 14, 2022Prospect Flexible Income Fund, Inc. · through Jan 11, 2022TP Flexible Income Fund, Inc. · through Jul 22, 2020Triton Pacific Investment Corporation, Inc. · through Mar 29, 2019
Filing activity
Latest filing
50 filings on record · SC TO-I, 8-K, SC TO-I/A, 40-17G, POS EX, 424B3.
Recent filings
SC TO-I filing
Other Events
Items 8.01
SC TO-I/A filing
40-17G filing
Regulation FD Disclosure · Other Events
Items 7.01, 8.01
Show 5 more recent filings
POS EX filing
SC TO-I filing
Regulation FD Disclosure
Items 7.01, 9.01
Other Events
Items 8.01
424B3 filing
Financials
FY 2025 · USDSource
cash flow · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -24,044,909Source | -27,411,792Source |
| Cash flows from financing activities: | ||
| Payments for Repurchase of Common StockUSD | 2,080,588Source | 449,532Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 25,137,688Source | 37,025,657Source |
| Dividends paid | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,092,779Source | 9,613,865Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 16,499,200Source | 15,406,421Source |
| Supplemental disclosure of cash flow information: | ||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,467,173Source | 725,862Source |
| Additional Financial Items | ||
| Amortization of Deferred ChargesUSD | 521,344Source | 82,489Source |
| Amortization of Debt Issuance CostsUSD | 399,072Source | 439,387Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -2,100,215Source | -2,087,522Source |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -295,330Source | 9,960Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -66,844Source |
| InterestIncomeOperatingPaidInKindUSD | 498,497Source | 153,085Source |
| Net Income (Loss) Attributable to ParentUSD | 1,238,889Source | -2,359,221Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -2,359,221Source |
| Proceeds from Issuance of Common StockUSD | 10,010,400Source | 20,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Net Income (Loss) Attributable to ParentUSD | 1,238,889Source | -2,359,221Source |
| Earnings Per Share, BasicUSD per share | — | -0.63Source |
| Earnings Per Share, DilutedUSD per share | — | -0.63Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 8,882,943Source | 3,787,892Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 8,882,943Source | 3,787,892Source |
| Additional Financial Items | ||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | 0.39Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | -2,100,215Source | -2,087,522Source |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -295,330Source | 9,960Source |
| Interest Expense, DebtUSD | 3,745,639Source | 1,243,672Source |
| Interest Income, OperatingUSD | 9,397,546Source | 3,020,157Source |
| InterestIncomeOperatingPaidInKindUSD | 498,497Source | 153,085Source |
| InvestmentIncomeOperatingAfterExpenseAndTaxUSD | 3,634,434Source | -214,815Source |
| Management Fee ExpenseUSD | 1,228,769Source | 447,554Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -2,359,221Source |
| Net Investment IncomeUSD | 3,634,434Source | -214,815Source |