secwatch.observer — SEC 8-K summary
======================================

Issuer:     PennantPark Floating Rate Capital Ltd. (PFLT)
CIK:        0001504619
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001171843-26-003158
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PennantPark Floating Rate Capital Q2 NII $0.26/share; div cut to $0.08 base monthly
--------------------------------------------------------------------------------

- Q2 net investment income of $25.7M ($0.26 GAAP EPS); core NII $0.27 per share.
- Management cuts monthly base dividend to $0.08/share from $0.1025, effective July 2026, plus variable supplemental.
- NAV per share $10.47, down 0.2% from Sept 30; portfolio $2.58B with 9.8% weighted yield on debt.
- Non-accruals remain low at 0.8% of portfolio cost; debt/equity 1.61x.
- Issued $200M 6.75% unsecured 2029 Notes in March; 2026 Notes repaid April 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504619/000117184326003158/0001171843-26-003158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504619/000117184326003158/f8k_050726.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-003158

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