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PennantPark Investment Corporation (PNNT)

BDC - Debt Focused BDC

Data as of May 27, 2022
Market Price $7.17 (+ $0.24)
NAV (March 31, 2022) $10.05 ( $0.00)
Fund Listed NASDAQ
Premium / Discount -28.66% (+2.39%)
Fund Info
Inception April 20, 2007
Sponsor PennantPark
Website www.pennantpark.com/ou...
Phone 212.905.1000
Location New York
Incorporated Massachusetts
Staggered Board Yes
Objective: Current income and capital appreciation; senior secured loans, mezzanine debt and equity investments
Related Indexes
Debt-Focused Business Development Company (BDC) Index
60/40 Balanced (w/ BDCs) Index
Capital & Leverage
Outstanding Shares 66,131,651
Total Assets (Reported: March 31, 2022) $1,246M
Estimated Total Assets $1,190M
Net Assets $665M
Market Cap $474M
Portfolio Turnover 71.32%
Debt-to-Equity 0.7875
Total Leverage 44.16%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 7.64%
Non Lev Exp Ratio 3.72%
Gross Asset Expense Ratio 4.06%
Gross Asset Non Lev Exp Ratio 1.98%
Rel Lev Cost 4.72%
Discount Data
Average Discount (3 Yr) -36.83%
Discount Low(3 Yr) -77.82%
Discount High(3 Yr) -20.24%
Discount Rel Range 85.38%
Comp Discount -22.66
Discount St Dev (1Yr) 3.56
Z-Stat (6mo) -0.35
Z-Stat (1Yr) 0.05
Z-Stat (3Yr) 0.62
Comp Z-Stat (6mo) 0.72
Comp Z-Stat (3Yr) 0.48
Distribution Data
Market Yield 8.09%
Income Yield 8.09%
Lev Adj NAV Yield 4.00%
Av Yield on Debt Investments 8.40
Distribution Frequency Q
Current Distribution $0.145
Current Income $0.145
Ex-Date 6/16/22
Payable Date 7/1/22
Div Growth (3yr) -19.44%
Dividend Change 3.6% on 5/4/22
Expected Div 6/2/22
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2021 2019 - 2021
Income 100% 100%
ST Gains 0% 0%
QDI 6.5% 3.1%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $2,248
Avg Volume 30 day 268,393
Avg Volume 90 day 313,546
Volume Trend -14.40%
Comp Volume Trend -17.12%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's BDC Index
Most Correlated Peer (Mk Pr): TRIN 62.0%
Price St Dev (1Yr) 23.4%
NAV St Dev (1Yr) 5.4%
Earnings / Share (3/31/22) $0.177
Adj Core NII Coverage 123.96%
1 Yr Avg NII Coverage 124.11%
1 Yr Avg Adj Core NII Coverage 126.09%
NII Trend 25.64%
Adj Core NII Trend 25.77%
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % 0.99%
% Loans with Libor Floor 83%


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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