# EDGAR Filing Document

**Accession Number:** 0002027076
**File Stem:** 0002027076-25-000057
**Filing Date:** 2025-8
**Character Count:** 13300
**Document Hash:** 2e031bbdee962798d4095eb8ff36d7a8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002027076-25-000057.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0002027076-25-000057

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Prospect Enhanced Yield Fund
- **CENTRAL INDEX KEY:** 0002027076

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95154
- **FILM NUMBER:** 251194460

**BUSINESS ADDRESS:**
- **STREET 1:** 10 EAST 40TH STREET, 42ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
- **BUSINESS PHONE:** 2124480702

**MAIL ADDRESS:**
- **STREET 1:** 10 EAST 40TH STREET, 42ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Barry John F
- **CENTRAL INDEX KEY:** 0001294357

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**MAIL ADDRESS:**
- **STREET 1:** C/O PROSPECT ENERGY CORPORATION
- **STREET 2:** 10 EAST 40TH STREET, 42TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016

## Ex-1

**Exhibit 1**

**JOINT FILING AGREEMENT**

This joint filing agreement (this "<u>Agreement</u>") is made and entered into as of this 7th day of August, 2025, by and among the undersigned.

The parties to this Agreement hereby acknowledge and agree that the foregoing statement on Schedule 13D in respect of the shares of beneficial interest, par value $0.001 per share, of Prospect Enhanced Yield Fund is filed on behalf of each of the parties to this Agreement and that all subsequent amendments to this statement on Schedule 13G may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The parties to this Agreement acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein or therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument.

By:&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ John F. Barry III</u>

Name:&nbsp;&nbsp;&nbsp;&nbsp;John F. Barry III

**JOHN AND DARIA BARRY FOUNDATION**

By:&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ John F. Barry III</u>

Name:&nbsp;&nbsp;&nbsp;&nbsp;John F. Barry III

Title: &nbsp;&nbsp;&nbsp;&nbsp;Trustee

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Prospect Enhanced Yield Fund**

*(Name of Issuer)*

**Shares of Beneficial Interest, par value $0.001 per share**

*(Title of Class of Securities)*

**74350T305**

*(CUSIP Number)*

**John F. Barry III**<br>700 S. Rosemary Avenue<br>Suite 204<br>West Palm Beach FL 33401<br>2124481858

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**08/07/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **74350T305** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Barry John F** | Name of reporting person<br>**Barry John F** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**1004000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**1004000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1004000.00** | Aggregate amount beneficially owned by each reporting person<br>**1004000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**100.0%** | Percent of class represented by amount in Row (11)<br>**100.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **74350T305** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**John & Daria Barry Foundation** | Name of reporting person<br>**John & Daria Barry Foundation** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**FLORIDA** | Citizenship or place of organization<br>**FLORIDA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**1004000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**1004000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1004000.00** | Aggregate amount beneficially owned by each reporting person<br>**1004000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**100.0%** | Percent of class represented by amount in Row (11)<br>**100.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Shares of Beneficial Interest, par value $0.001 per share

**(b) Name of Issuer:**
Prospect Enhanced Yield Fund

**(c) Address of Issuer's Principal Executive Offices:**
10 EAST 40TH STREET, 42ND FLOOR, NEW YORK, NY, 10016

This statement relates to the shares of beneficial interest, par value $0.001 per share of Prospect Enhanced Yield Fund, or PENF. PENF's executive offices are located at 10 East 40th Street, 42nd Floor, New York, New York 10016.

**Item 4. Purpose of Transaction**

The Reporting Persons acquired the Shares reported in this Statement for investment purposes, subject to the following. The Reporting Persons intend to review the investment in the Shares on an ongoing basis and may in the future acquire additional Shares or dispose of some or all of the Shares, on such terms and at such times as the Reporting Persons may deem advisable, including through additional purchases directly from the Issuer, dividend reinvestments, sales through Issuer tender offers or otherwise.

The Reporting Persons, including through PCM, may take other actions, including communicating with the board of trustees of PENF, members of management or other security-holders of PENF, or other third parties from time to time, taking steps to implement a course of action, including, without limitation, engaging advisors, including legal, financial, regulatory, technical and/or industry advisors, to assist in any review, and evaluating strategic alternatives as they may become available. Such discussions and other actions may relate to various alternative courses of action, including, without limitation, those related to an extraordinary corporate transaction involving PENF, business combinations involving PENF, a sale or transfer of a material amount of assets of PENF, material asset purchases, the formation of joint ventures with PENF or the entry into other material projects, changes in the present business, operations, strategy, future plans or prospects of PENF, financial or governance matters, changes to the Board (including board composition) or management of PENF, acting as a participant in debt financings of PENF, changes to the capitalization, ownership structure, dividend policy, business or corporate structure or governance documents of PENF, or any action similar to those enumerated above. Such discussions and actions may be preliminary and exploratory in nature, and not rise to the level of a plan or proposal.

The Reporting Persons have no present plan or proposal that would result in any of the actions described in paragraphs (a) through (j) of Item 4 of Schedule 13D.  The Reporting Persons reserve the right in the future to formulate any such plans or proposals, and to take any actions with respect to their investments in PENF, including any or all of the actions described in paragraphs (a) through (j) of Item 4 of Schedule 13D.

The information in Item 6 of this Schedule 13D is incorporated herein by reference.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The information set forth in rows 7 through 13 of the cover pages to this Schedule 13D is incorporated herein by reference. The percentage set forth in row 13 is based on 1,004,000 Shares outstanding as of August 7, 2025, as reported by the Issuer. As of the date hereof, the Foundation directly holds 1,004,000 Shares. Mr. Barry has sole voting and dispositive power over the shares held by the Foundation.

**(b)**
The information set forth in rows 7 through 13 of the cover pages to this Schedule 13D is incorporated herein by reference. The percentage set forth in row 13 is based on 1,004,000 Shares outstanding as of August 7, 2025, as reported by the Issuer. As of the date hereof, the Foundation directly holds 1,004,000 Shares. Mr. Barry has sole voting and dispositive power over the shares held by the Foundation.

**(c)**
The following table sets forth all transactions with respect to the Shares effected by the Reporting Persons, including through PCM, during the past sixty days.

Date of Transaction	Account	Amount of Securities   Weighted Average Price per Share	 Type
08/06/2025*	           PCM	     1,000,000	                         $25.00	                         Purchase
08/07/2025	      Foundation	     1,000,000	                         $0.00	                          Gift

* PCM previously purchased 4,000 Shares in a private offering as initial seed capital for PENF.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

PENFM, of which PCM is the parent company, and the Issuer have entered into the Investment Advisory Agreement, dated as of July 31, 2025.  Pursuant to the terms of the Investment Advisory Agreement, the PENFM serves as the Issuer's investment adviser.  Under the terms of the Investment Advisory Agreement, the Issuer pays the PENFM investment advisory fees, which consist of an annual base management fee based on Issuer gross assets as well as a two-part incentive fee based on Issuer performance.  The description of the Investment Advisory Agreement is not intended to be complete and is qualified in its entirety by reference to such agreement, which is filed as an exhibit hereto and incorporated by reference herein.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Barry John F

**Signature:** John F. Barry III

**Name/Title:** John F. Barry III

**Date:** 08/07/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** John & Daria Barry Foundation

**Signature:** John F. Barry III

**Name/Title:** John F. Barry III, Trustee

**Date:** 08/07/2025