FINANCIAL HIGHLIGHTS

3 Months Ended

Sep. 30, 2025

The following is a schedule of financial highlights for the three months ended September 30, 2025 and 2024:


	Three Months Ended September 30,						Three Months Ended September 30,
	2025						2024
Per Share Data(a):	Class A			Class I			Class A
Net asset value at beginning of period	$	4.50		$	4.50		$	4.69
Net investment income (loss)	0.15			0.15			0.07
Net realized and unrealized gains (losses) on investments	(0.34)			(0.34)			(0.04)
Net realized (losses) on extinguishment of debt	(0.06)			(0.06)			—
Net increase (decrease) in net assets resulting from operations	(0.25)			(0.25)			0.03
Distributions(b)
Distributions from net investment income	(0.11)			(0.11)			(0.09)
Total Distributions	(0.11)			(0.11)			(0.09)
Other(c)(e)	—			—			0.02
Net asset value at end of period	$	4.14		$	4.14		$	4.65
Total return based on net asset value(d)	(5.70)		%	(5.70)		%	1.13		%

Supplemental Data:
Net assets at end of period	$	37,216,536		$	9,256		$	41,086,181
Average net assets	$	38,597,366		$	9,600		$	36,174,873
Weighted average shares outstanding	8,949,850			2,237			8,776,773
Ratio to average net assets:
Total annual expenses(f)	16.66		%	16.66		%	20.12		%
Total annual expenses (after expense limitation agreement/expense waivers)(e)(f)	8.75		%	8.75		%	16.93		%
Net investment income (loss)(f)	13.95		%	13.95		%	7.01		%

Portfolio Turnover	5.98		%	5.98		%	10.74		%

(a) Calculated based on weighted average shares outstanding.
(b) The per share data for distributions is the actual amount of distributions paid or payable per share of common stock outstanding during the period. Distributions per share are rounded to the nearest $0.01.
(c) The amount shown represents the balancing figure derived from the other figures in the schedule, and is primarily attributable to the accretive effects from the sales of the Company’s shares and the effects of share repurchases during the period.
(d) Total return is based upon the change in net asset value per share between the opening and ending net asset values per share during the period and assumes that distributions are reinvested in accordance with the Company’s distribution reinvestment plan. The computation does not reflect the sales load for any class of shares. Total return based on market value is not presented since the Company’s shares are not publicly traded.
(e) The amounts shown for the three months ended September 30, 2024 represent the balancing figure derived from the other figures in the schedule, and is primarily attributable to the effect from the accepted subscription agreement from the Adviser for the sale of $10.0 million of the Class A shares and the impact of the large influx of investments purchased during the period.
(f) Annualized for the three months ended September 30, 2025 and 2024.

Information about our senior securities is shown in the following table since June 30, 2022. As of September 30, 2025 and June 30, 2025, our asset coverage ratio stood at 195% and 188%, respectively, based on the outstanding principal amount of our senior securities representing indebtedness.


Revolving Credit Facility	Total Amount Outstanding		Asset Coverage per Unit(1)		Involuntary Liquidating Preference per Unit(2)	Average Market Value per Unit(2)
September 30, 2025	$	39,246,250	$	1,949	—	—
June 30, 2025	$	45,500,000	$	1,879	—	—
June 30, 2024	$	27,800,000	$	2,125	—	—
June 30, 2023	$	8,600,000	$	2,709	—	—
June 30, 2022	$	20,500,000	$	1,815	—	—

(1) The asset coverage ratio is calculated as our consolidated total assets, less all liabilities and indebtedness not represented by senior securities, divided by secured senior securities representing indebtedness. This asset coverage ratio is multiplied by $1,000 to determine the Asset Coverage Per Unit.
(2) This column is inapplicable.

Prospect Floating Rate & Alternative Income Fund, Inc. 10-Q