PNNT News and Press, PennantPark Investment Corporation From 08/04/21

PennantPark Investment (NASDAQ:PNNT): FQ3 NII of $0.12 misses by $0.03. Total investment income of $20.49M (-19.4% Y/Y) beats by $0.32M. As of June 30, 2021, our portfolio totaled $1,148.2 million, which consisted of $472.6 million of first lien secured debt, $159.3 million of second lie...

NEW YORK, Aug. 04, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2021. HIGHLIGHTS __________ CONFERENCE CALL AT 12:00 P.M. ET ON AUGUST 5, 2021 Pennan...

PFLT is a well-managed BDC with a low base management fee, and a relatively safe portfolio structure comprised primarily of first-lien debt. Its book value has seen a recovery over the past 12 months and it has a favorable outlook for the deal pipeline. I also highlight the divide...

Many stocks are near new highs and investors are asking where they should put idle cash while waiting for better entry points. Baby bonds (also known as exchange-traded debt) are typically for investors that would like to limit the amount of pricing volatility and overall risk in exch...

Oppenheimer analyst Mitchel Penn initiates coverage of PennantPark Investment ([[PNNT]] +0.4%) and PennantPark Floating Rate Capital ([[PFLT]] +0.5%), both with Perform ratings."PennantPark Floating Rate differs from PennantPark Investment in that it takes less credit risk," Penn writes in a ...

REITs continue to underperform BDCs over the longer and short term. For the same amount of income with less risk, it's better to invest 50% less capital in BDCs at 8.3% compared to equity REITs at 3.1% to 3.6%. BDCs have minimal investments in cyclical sectors, stronger credit per...

NEW YORK, July 01, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2021 on Wednesday, August 4, 2021 after the close of the financial markets. The Company will ...

PennantPark is a BDC with a solid dividend. We examine its history and the returns over time. We look at the current portfolio and where we stand with this one today. For further details see: PennantPark: Looking At Risk Levels Today

BDCs have been easily outperforming other higher-yield sectors including REITs (short and longer term) and readers have been asking if there are any good ETF that track the sector. This article discusses the two most popular (and only ones that are not leveraged) which are VanEck...

PennantPark Investment (PNNT) has announced that it has appointed Richard Cheung as its Chief Financial Officer and Treasurer, effective June 21, 2021. Mr. Cheung most recently served as Senior Managing Director and Head of Alternative Investment Accounting at Guggenheim Partners, w...