secwatch.observer — SEC 8-K summary
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Issuer:     PennantPark Floating Rate Capital Ltd. (PFLT)
CIK:        0001504619
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0000950170-23-002142
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PFLT Q1 NII $13.7M ($0.30/sh); monthly dividend raised 5.3% to $0.10; NAV $11.30
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- Net investment income $13.7M ($0.30/sh) vs $12.7M ($0.33/sh) YoY; net ops decrease $(1.6)M.
- Monthly distribution increased 5.3% to $0.10/sh; payable Apr 3, 2023 to record Mar 16, 2023.
- Portfolio yield rose to 11.3% from 10.0% at Sep 30; 100% floating-rate; 3 non-accrual companies (1.9% cost).
- NAV per share fell to $11.30 from $11.62, a 2.7% quarterly decline.
- Subsequent to quarter, raised ~$47.6M from Jan 2023 equity offering of 4.3M shares at $11.10/sh.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504619/000095017023002142/0000950170-23-002142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504619/000095017023002142/pflt-20230208.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002142

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