PennantPark Q3 NII falls to $0.24/shr from $0.35; NAV down 2.2% QoQ

PENNANTPARK INVESTMENT CORP

Net investment income $15.7M ($0.24/shr) vs $23.0M ($0.35/shr) a year ago.
NAV per share $7.52, down 2.2% from prior quarter; total portfolio $1.26B.
Non-accruals increased: 3 companies (4.2% cost, 2.5% fair value) vs 1 a year ago.
Distributions declared $0.22/shr, up from $0.20 in prior year quarter.
Core NII per share was $0.21 after excluding $2.5M PSLF special dividend.

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