MEDIUMOutside partyCounterparty
Investment Adviser senior management
“10-K Item 1: 'Our future success depends to a significant extent on the continued service of the senior management team, particularly John F. Barry III and M. Grier Eliasek.'”
PSEC · Concentration risk · 10-K extracted
Prospect Capital (PSEC) concentration risks
Updated
The most significant concentration Prospect Capital discloses is Investment Adviser senior management, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: Prospect Capital’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH0
MEDIUM2
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inLoan_portfolio
limited number of portfolio companies
“10-K Item 1A: 'Our portfolio contains a limited number of portfolio companies, some of which comprise a substantial percentage of our portfolio'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-18Prospect Capital's disclosed concentrations are of two different kinds. The first is a people dependency: the company's future success depends to a significant extent on the continued service of the Investment Adviser's senior management team, particularly John F. Barry III and M. Grier Eliasek. This is a medium-share exposure in the sense the filing frames it, and its character is dependency, since the loss of either individual could affect origination, underwriting and investor confidence in ways that are hard to replace. The second is structural and sits in the portfolio itself: it contains a limited number of portfolio companies, some of which comprise a substantial percentage of the portfolio. This is also a medium-share exposure. A credit event at one large position would therefore have an outsized effect on net asset value relative to a more diversified lender, although the filing does not quantify the largest positions here. Together, the key-person risk is idiosyncratic and event-driven, while portfolio concentration is a permanent feature of the strategy. The two compound if a management departure coincided with stress in a large holding.
For the engine’s reasoning on PSEC’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Asset Management
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AAMI | Acadian Asset Management Inc. | 1 | 2 | 1 | 4 |
| PSEC● | Prospect Capital Corporation | 0 | 2 | 0 | 2 |
| APAM | Artisan Partners Asset Manageme | 0 | 1 | 2 | 3 |
| AMP | Ameriprise Financial, Inc. | 0 | 1 | 0 | 1 |
| AB | AllianceBernstein Holding L.P. | 0 | 0 | 1 | 1 |
| AMG | Affiliated Managers Group, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.