PSEC To Be Added To S&P Small-Cap 600, KBW Reports

After the close on Mon. 2/14, Standard & Poor's announced Prospect Capital Corp. PSEC will be added to the S&P Small-Cap 600 Index after the close on Fri., 2/18, KBW reports. “We estimate the amount of shares of PSEC that will need to be purchased by S&P 600 index funds as a result of this addition,” KBW writes. Prospect Capital Corp. closed Monday at $11.60.