PennantPark Investment Co... (PNNT)

Private credit and BDC sectors have faced steep losses, with the BDC index down nearly 15% YTD, worse than the S&P 500. Economic uncertainties, stagnant M&A/LBO markets, potential Fed rate cuts negati...

As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cas...

The market has become more volatile. As it is usually the case, higher volatility tends to open interesting opportunity for long-term investors. In this article, I discuss two 9%+ yielding picks, whic...

BDC Dividend Cut Party Has Begun, Here Are Next 2 In Line

PennantPark Investment's dividend coverage is bolstered by two years' worth of undistributed spillover income, but net investment income remains insufficient to support the base distribution. PNNT's p...

PennantPark Investment trades at a discount of ~5%. While the discount certainly makes the entry point interesting, the real question is whether the discount is enough to justify the risks. Looking at...

PennantPark Investment Corporation (NYSE:PNNT ) Q1 2025 Earnings Conference Call February 11, 2025 12:00 PM ET Company Participants Art Penn - Chairman & Chief Executive Officer Rick Allorto - Chief F...

Although the revenue and EPS for PennantPark (PNNT) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall ...

PennantPark (PNNT) came out with quarterly earnings of $0.20 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.24 per share a year ago.

We take a look at the action in business development companies through the third week of January and highlight some of the key themes we are watching. BDCs had a strong week with a 3% total return, bo...