---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-003083"
form_type: "8-K"
ticker: "PFLT"
cik: "0001504619"
company_name: "PennantPark Floating Rate Capital Ltd."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-21T23:31:32.411855+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PennantPark Floating Rate Capital Q2 NII $0.28/sh, NAV down 2.4% to $11.07

## Summary
- Net investment income $25.0M ($0.28/sh) vs $19.1M ($0.31/sh) year ago; core NII $0.28/sh.
- Distributions declared $0.3075/sh; portfolio grew to $2.34B with yield 10.5% (down from 11.5%).
- Non-accrual companies increased to four (2.2% cost, 1.2% fair value) from two (0.4%/0.2%).
- In April 2025, amended credit facility: pricing SOFR+200bps, extended to Aug 2030, advance rate 72.5%.
- PSSL closed $301M CLO in April 2025; weighted average cost of debt unchanged at 6.8%.

## SEC filing metadata
- accession: 0001171843-25-003083
- form_type: 8-K
- ticker: PFLT
- cik: 0001504619
- company_name: PennantPark Floating Rate Capital Ltd.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504619/000117184325003083/0001171843-25-003083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504619/000117184325003083/f8k_051225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-003083
- JSON: https://secwatch.observer/filing/0001171843-25-003083.json
- Plain text: https://secwatch.observer/filing/0001171843-25-003083.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.