PNNT News and Press, PennantPark Investment Corporation From 11/19/20

PennantPark Investment (PNNT) fiscal Q4 GAAP net investment income of 11 cents beats consensus estimate of 10 cents declined from 16 cents in fiscal Q3 and 14 cents in the year-ago quarter.Adjusted net asset value per share of $7.59 at Sept. 30 compares with $7.46 at June 30, up 1.7% during t...

Gainers: CIIG Merger (CIIC) +23%. Switchback Energy Acquisition (SBE) +22%. UP Fintech Holding (TIGR) +20%. PennantPark Investment (PNNT) +16%. Hudson Capital (HUSN) +15%.Losers: Phoenix Tree Holdings (DNK) -20%. Legacy Acquisition (LGC) -18%. American Virtual Cloud Technologies (AVCT) -12%. ...

Gainers: [[SONO]] +22.6%. [[LB]] +14.3%. [[LOW]] +8.9%. [[FCEL]] +8.6%. [[AQST]] +6.9%.Losers: [[EVGN]] -14.9%. [[PNNT]] -7.3%. [[ZTO]] -5.8%. [[CD]] -5.5%. [[GPRO]] -5.1%. For further details see: SONO, CD, ZTO and LB among after-hours movers

The BDC sector continues to deliver strong returns during the pandemic, including recently improved earnings, dividend coverage, and book values. This article discusses some of the reasons for the recent and potential reflation in BDC pricing, including 15% in the last 2 to 3 weeks. ...

As expected, BDCs are starting to report NAV per share increases and reaffirming their dividends. This article discusses MAIN which is one of the more well-known BDCs. I have included an AFFE update with links and discussion of recently proposed SEC modifications to current rules ...

September 8 to October 9: Arnold article readers mentioned 56 equities in their comments. Some lamented bad news so bad news investments (rogues) mixed with (mostly) favorites. Ten analyst-target-estimated TOP-NET-GAIN reader faves & rogues (ReFa/Ro) BTI, ENB, CVX, PNNT, CNQ, XOM,...

I currently have 16 BDC positions including ARCC which I continue to purchase additional shares of as I believe that this is one of the "higher-quality" BDCs. ARCC is up more than 9% since my purchase two weeks ago and this article discusses if it's still a Buy. On Sept. 23, ARCC ...

NEW YORK, Oct. 07, 2020 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the fourth fiscal quarter ended September 30, 2020 on Thursday, November 19, 2020 after the close of the financial markets. The Compa...

I recently started a position in FDUS as I believe that there's a good chance for a total return potential of 30% or higher over the next 12 months. FDUS is currently trading at a 35% discount to book value, driving a current annual dividend yield of 12%. There's also the possibil...

Introduction This article is part of a series discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding almost 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% to 10.0%. Please see the...