secwatch.observer — SEC 8-K summary
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Issuer:     PennantPark Floating Rate Capital Ltd. (PFLT)
CIK:        0001504619
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001171843-24-000668
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504619/000117184324000668/0001171843-24-000668-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504619/000117184324000668/f8k_020724.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000668

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer