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PennantPark Investment Corporation (PNNT)

BDC - Debt Focused BDC

Data as of Dec. 8, 2023
Market Price $6.53 (+ $0.02)
NAV (Sept. 30, 2023) $7.70 ( $0.00)
Fund Listed NASDAQ
Premium / Discount -15.19% (+0.26%)
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
Term Date N/A
Objective: Current income and capital appreciation; senior secured loans, mezzanine debt and equity investments
Related Indexes
Debt-Focused Business Development Company (BDC) Index
High Income Index
Capital & Leverage
Outstanding Shares 65,224,500
Total Assets (Reported: Sept. 30, 2023) $1,152M
Estimated Total Assets $910M
Net Assets $502M
Market Cap $426M
Portfolio Turnover 18.69%
Debt-to-Equity 1.0292
Total Leverage 44.83%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 13.56%
Non Lev Exp Ratio 6.98%
Gross Asset Expense Ratio 6.40%
Gross Asset Non Lev Exp Ratio 3.29%
Rel Lev Cost 6.93%
Discount Data
Average Discount (3 Yr) -29.08%
Discount Low(3 Yr) -48.86%
Discount High(3 Yr) -10.36%
Discount Rel Range (3 Yr) 86.77%
Comp Discount -10.33
Discount St Dev (1Yr) 7.24
Z-Stat (6mo) 0.56
Z-Stat (1Yr) 1.07
Z-Stat (3Yr) 1.89
Comp Z-Stat (6mo) -0.02
Comp Z-Stat (3Yr) 1.76
Distribution Data
Market Yield 12.86%
Income Yield 12.86%
Lev Adj NAV Yield 7.53%
Av Yield on Debt Investments 13.00
Distribution Frequency M
Current Distribution $0.070
Current Income $0.070
Ex-Date 12/15/23
Payable Date 1/2/24
Div Growth (3yr) 75.00%
Dividend Change -66.7% on 10/3/23
Expected Div 12/4/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022 2020 - 2022
Income 100% 100%
ST Gains 0% 0%
QDI 2.0% 3.7%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $2,253
Avg Volume 30 day 344,262
Avg Volume 90 day 344,952
Volume Trend -0.20%
Comp Volume Trend -0.25%
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): OCSL 70.0%
Price St Dev (1Yr) 23.6%
NAV St Dev (1Yr) 14.4%
Earnings / Share (9/30/23) $0.080
Adj Core NII Coverage 113.93%
1 Yr Avg NII Coverage 60.21%
1 Yr Avg Adj Core NII Coverage 62.60%
NII Trend 42.96%
Adj Core NII Trend 35.07%
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 % %
% Loans with Libor Floor 0%


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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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