PennantPark Floating Rate Q1 NII $0.33/share, NAV up 0.6% to $11.20

PennantPark Floating Rate Capital Ltd.

Net investment income $19.4M ($0.33/shr), up from $13.7M ($0.30/shr) YoY.
NAV per share $11.20, up 0.6% from $11.13 at Sept 30; portfolio $1.27B at fair value.
Weighted average yield on debt 12.5%; invested $302.6M in 47 companies at 11.9% yield.
Non-accruals improved to 1 company (0.1% cost) from 3 companies (0.9% cost) sequentially.
Declared distribution $0.31/shr; post-quarter invested $103.2M at 13.0% yield through Feb 2.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PennantPark Floating Rate Capital Ltd. reported financial results for first quarter ended December 31, 2023.

Period: first quarter ended December 31, 2023
Result: reported results

Exact text from the filing

PennantPark Floating Rate Capital Ltd., or the Company, issued a press release announcing its financial results for the first fiscal quarter ended December 31, 2023.

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PennantPark Floating Rate Capital Ltd. filing history →

Source: SEC EDGAR

accession 0001171843-24-000668

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