Earnings ·
PennantPark Floating Rate Capital Ltd. reported financial results for the third quarter ended June 30, 2026
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.