Components of total investment income
Prospect Capital (PSEC) generates total investment income from interest income, dividend income, and other income. The company witnessed a fall in its fiscal 4Q17 total investment income, from $193 million in fiscal 4Q16 to $166.7 million last quarter, mainly due to the fall in its total interest income and other income in fiscal 4Q17.
In fiscal 4Q17, the company’s total interest income stood at $160.5 million, compared with $174.8 million in fiscal 4Q16. The decline in total interest income came as a result of a fall in interest income generated through structured credit securities and control investments.
Prospect’s other income saw a substantial YoY (year-over-year) fall in fiscal 4Q17. In fiscal 4Q17, the company reported other income of $5 million, compared with $16.7 million in fiscal 4Q16. PSEC’s total dividend income in fiscal 4Q17 stood at $1 million, compared with $1.4 million in fiscal 4Q16.