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PennantPark Investment Corporation is a closed-end, externally managed, non-diversified investment company. The Company's objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments primarily made to the United States middle-market companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. Its portfolio consists of illiquid securities, including debt and equity investments. Its investment activity depends on factors, including the amount of debt and equity capital available to middle-market companies, the level of merger and acquisition activity for such companies, the general economic environment and the competitive environment for the types of investments it makes. It invests in sectors, including media, telecommunications, education, electronics, aerospace and defense, and others. Its investment adviser is PennantPark Investment Advisers, LLC.
Find out what a historical investment in Pennant Park Investment Corp would be worth today using our PNNT stock calculator.
Market Capitalisation
$267.06M
Price-earnings ratio
-
Dividend yield
11.57%
Volume
940.48K
High today
$4.15
Low today
$4.08
Open price
$4.11
52-week high
$7.53
52-week low
$4.11
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