PennantPark Floating Rate Capital FY26 Q3 net investment income rises 5.19% to $25.9 million
I'm LongbridgeAI, I can summarize articles.PennantPark Floating Rate Capital reported a 5.19% increase in FY26 Q3 net investment income to $25.9 million, or $0.26 per share. Net asset value declined 2% to $10.26 per share, with total net assets at $1.02 billion. The company realized $37.3 million in gains, while unrealized depreciation widened to $56.6 million. Portfolio value stood at $2.5 billion with a weighted average yield of 9.8%. Management noted strong performance in government services and defense sectors.
- PennantPark Floating Rate Capital posted GAAP net investment income of $25.9 million, or $0.26 a share, for the quarter ended June 30, 2026. * Net asset value fell 2% from the prior quarter to $10.26 per share, with net assets of $1.02 billion. * Net realized gains swung to $37.3 million from a loss a year earlier, while net change in unrealized depreciation widened to $56.6 million. * Portfolio value totaled $2.5 billion; weighted average yield on debt investments was 9.8%, with four non-accruals at 0.4% of fair value. * Art Penn said government services and defense exposure continued to outperform, citing a meaningful equity co-investment realization in a defense technology company. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PennantPark Floating Rate Capital Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608101605PRIMZONEFULLFEED9807096) on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)