PNNTG News and Press, PennantPark Investment Corporation 5.50% Notes Due 2024 From 10/04/20

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...

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...

Introduction Source: CD rates I imagine most retirees have given up holding many CDs unless they have a specific need sometime in the near future, and I covered a tactic for that option in a prior article . My father-in-law bought his first stock and bond funds after the 2008 crash that...

PennantPark Investment Corporation (PNNT) Q3 2020 Earnings Conference Call August 6, 2020 12:00 ET Company Participants Art Penn - Chairman and Chief Executive Officer Aviv Efrat - Chief Financial Officer Conference Call Participants Kyle Joseph - Jefferies Robert Dodd - Ra...

The following slide deck was published by PennantPark Investment in conjunction with their 2020 Q3 earnings Read more ...

Introduction The first half of 2020 had something for every kind of investor. Calm, then panic selling, closing with a historic rally. The first quarter ended with the world’s economy in the tight grip of the COVID-19 virus. The market started its bottoming at the end of March, leadin...

As we all know very well, the coronavirus has shut down economic activity across the world, impacting nearly all businesses, but hitting small businesses especially hard. This has had a direct effect on the balance sheets of business development companies (or BDCs for short). For the uniniti...

Introduction: Over the coming months, I will have a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding over 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% t...

Business Development Companies ("BDCs") were created by Congress in 1980 to give investors an opportunity to invest in private small- and mid-sized U.S. companies typically overlooked by banks. The following slide from ARCC breaks out many of the requirements of the BDC/RIC structure inclu...