Earnings ·
PennantPark declares $0.2883 per share distribution as Q3 net investment income reaches $25.9 million
PFLTPennantPark Floating Rate Capital Ltd.
PennantPark Floating Rate Capital Ltd. reported financial results for the third quarter ended June 30, 2026. The company posted net investment income of $25.9 million, or $0.26 per share, and declared a total distribution of $0.2883 per share ($0.2850 base plus $0.0033 supplemental). Net assets decreased to $1.02 billion, with net asset value per share falling 2.0% to $10.26. The investment portfolio totaled $2.50 billion, yielding 9.8%, while debt-to-equity stood at 1.56x. In June 2026, the company issued $105 million in unsecured 7.375% Notes due 2031. PennantPark Floating Rate Capital Ltd. is a business development company that primarily invests in U.S. middle-market companies through floating rate senior secured loans and equity.