PNNT News and Press, PennantPark Investment Corporation From 08/03/22

July income beats July 2021 by 48% and April Q2 by 45.1% because of the Kenon special dividend. Portfolio value YTD is up 3.07% and is outperforming SPY by 15.71%, which is down 12.64%. Dividend yield is 5.17% with 25 companies paying 2 specials and included 1 raise; all are liste...

MIAMI, Aug. 03, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2022. _______________ (1)  Includes investments in PennantPark Senior Loan Fund, LLC, or PSLF, an unconsolidate...

The bond market crash has driven many bargains, especially for higher quality investment grade bonds. MAIN is a best-of-breed company but likely overbought at these levels, and its 2026 bond allows investors to lock in a 6.5% annualized return at much lower risk. The BDC sector is...

This should be excellent timing for a discussion of investment grade (“IG”) notes/bonds for lower-risk investors that do not mind lower yields/returns. These notes were previously overpriced, but prices have declined and are now at attractive levels, most of which are yi...

Use PNNT for targeted floating rate exposure. If you're doubtful about the dividend, you have a good reason to be. Hedge your bets with treasuries. Investment Thesis In this article we review PennantPark Investment Corporation ( PNNT ) common shares. The stock ca...

MIAMI, July 06, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2022 on Wednesday, August 3, 2022 after the close of the financial markets. The Company will also ...

May 20-June 24, 2022 readers mentioned 38 equities in their comments. Some lamented bad news, so bad news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN reader fave/rogues, FSK, PARA, PNNT, CHMI, MPW, SBLK, VAL...

Most income securities have taken a big tumble this year, along with most other financial assets. Large drawdowns make it difficult for investors to take advantage of newly attractive opportunities by limiting the capital available to be deployed. The recent bounce-back in markets...

MIAMI, June 02, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Advisers, LLC announced today the addition of Richard T. Allorto, Jr. as a senior executive on its Finance and Operations team. Mr. Allorto reports into PennantPark group Chief Financial Officer, Richard Cheung. Mr. Allorto wil...

Interest rates are rising, and this article discusses the BDC sector currently yielding between 7% and 12% that will benefit. This article discusses HTGC currently yielding over 12% for the reasons discussed below and will likely rebound, providing excellent returns. HTGC is well ...