Headquartered in Miami Beach, FL Fiscal year ends September NYSE: PNNT pnnt.pennantpark.com
PennantPark Investment Corporation is a publicly traded business development company (BDC) that primarily invests in U.S. middle-market private companies. Its investment portfolio spans first lien secured debt, second lien secured debt, subordinated debt, and equity investments. The company is externally managed by PennantPark Investment Advisers, LLC, which manages approximately $10 billion in investable capital including available leverage across its affiliated funds. PNNT also holds a significant interest in PennantPark Senior Loan Fund, LLC (PSLF), an unconsolidated joint venture with a portfolio of $1.278 billion as of June 30, 2026. The company focuses on providing flexible financing solutions to private equity-backed and other middle-market borrowers, with particular emphasis on sectors including Government Services and Defense. Its interest-bearing debt portfolio is predominantly variable-rate (87%) with a weighted average yield of 11.0% on debt investments. Updated
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PennantPark Investment Corporation is a publicly traded business development company (BDC) that primarily invests in U.S. middle-market private companies. Its investment portfolio spans first lien secured debt, second lien secured debt, subordinated debt, and equity investments.
The Wall Street consensus 12-month price target for PNNT is $4.75.
