UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 814-00736 PENNANTPARK INVESTMENT CORPORATION (Exact name of registrant as specified in its charter) MARYLAND 20-8250744 (State or ot ...

PennantPark Investment Corporation (NYSE:PNNT) Q2 2022 Earnings Conference Call May 5, 2022 12:00 PM ET Company Participants Art Penn – Chairman and Chief Executive Officer Richard Cheung – Chief Financial Officer Conference Call Participants Paul Johnson – KBW Robert Dodd – Raymond James Mickey Schleien – Ladenburg Melissa Wedel – JPMorgan Operator Good afternoon, and welcome to the PennantPark Investment Corporation's Second Fiscal Quarter 2022 Earnings Conference Call. Today's conference is being recorde ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2022 (Exact name of registrant as specified in its charter) MARYLAND 20-8250744 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 1691 Michigan Avenue, Miami Beach, Florida 33319 (212) 905-1000 (Registrant's Telephone Number, Including Ar ...

PennantPark Investment (NYSE:PNNT) Q1 2022 Earnings Conference Call February 10, 2022 12:00 PM ET Company Participants Art Penn – Chairman and Chief Executive Officer Richard Cheung – Chief Financial Officer Conference Call Participants Casey Alexander – Compass Point Robert Dodd – Raymond James Ryan Lynch – KBW Mickey Schleien – Ladenburg Kyle Joseph – Jeffries Melissa Wedel – J.P. Morgan Operator Good afternoon, and welcome to the PennantPark Investment Corporation's First Fiscal Quarter 2022 Earnings Con ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 814-00736 PENNANTPARK INVESTMENT CORPORATION (Exact name of registrant as specified in its charter) MARYLAND 20-8250744 (State o ...

PennantPark Investment Corporation (NYSE:PNNT) Q4 2021 Earnings Conference Call November 18, 2021 12:00 PM ET Company Participants Art Penn - Chairman and Chief Executive Officer Richard Cheung - Chief Financial Officer Conference Call Participants Casey Alexander - Compass Point Robert Dodd - Raymond James Ryan Lynch - KBW Mickey Schleien - Ladenburg Kyle Joseph - Jefferies Melissa Wedel - JPMorgan Jim Altschul - Aviation Advisory Service Operator Good morning and welcome to the PennantPark Investment Corp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 814-00736 PENNANTPARK INVESTMENT CORPORATION (Exact name of registrant as specified in its charter) MARYLAND 20-8250744 (State or other ...

Financial Data and Key Metrics Changes - Adjusted NAV increased by 4.1%, rising from $9.20 to $9.58 per share, and is up over 9% from pre-COVID levels as of December 31, 2019 [8] - Core net investment income was $0.14 per share, excluding one-time expenses [10][29] - NAV per share increased from $9.24 to $9.59, up 3.8% from the prior quarter [31] Business Line Data and Key Metrics Changes - Generated $51 million in cash proceeds from the equity portfolio during the quarter [9] - The portfolio consists of 86 companies across 29 different industries, with an average debt-to-EBITDA of 4.6x and an interest coverage ratio of 3.4x [12][33] - Equity investments appreciated by approximately 45% over the past 12 months [23] Market Data and Key Metrics Changes - The company has a diversified portfolio with 41% in first lien secured debt, 14% in second lien secured debt, and 35% in preferred and common equity [33] - The overall debt portfolio has a weighted average yield of 9.2% [33] Company Strategy and Development Direction - The company aims to grow net investment income through a three-pronged strategy: increasing assets on the balance sheet, growing the PSLF joint venture, and rotating out of equity investments into yield instruments [10][24] - Focus on core middle market companies, defined as those with EBITDA below $50 million, to avoid competition with higher-leverage markets [25][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery of portfolio companies, particularly in sectors like healthcare and technology [17] - The company is optimistic about new loan originations, with $69 million in new originations since June 30 [11][62] - Management noted that the current repayment activity has abated, indicating a potential shift in market dynamics [11][62] Other Important Information - The company has no non-accruals on its books, indicating strong portfolio performance [12] - The company has reduced its energy investments to only 7% of the overall portfolio [22] Q&A Session Summary Question: Current outstanding debt on RAM and repayment capability - Management indicated that RAM has about $40 million of debt, which can be paid down over the next two to three years as the company generates cash flow [39][41] Question: Consideration of a share repurchase program - Management is open to considering a share repurchase program if proceeds from equity investments continue to grow [42][43] Question: Capital structure and SBA debt reduction - Management confirmed that the SBIC financing will wind down over the coming quarters, with a preference for increasing unsecured financing [47][48] Question: Securitization in the joint venture - Management discussed the potential for securitization to increase leverage and improve returns in the joint venture [50] Question: Equity co-investment strategy modifications - Management stated that they have not modified their equity co-investment strategy and continue to seek new investments [55][59] Question: Expectations for revenue and EBITDA growth - Management noted significant year-on-year growth in revenue and EBITDA, particularly in COVID-impacted sectors [69][70] Question: Yield on the portfolio outlook - Management expects stable yields and spreads, with a focus on selecting high-quality companies for investment [72][75]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 814-00736 PENNANTPARK INVESTMENT CORPORATION (Exact name of registrant as specified in its charter) MARYLAND 20-8250744 (State or ot ...

PennantPark Investment Corporation (NYSE:PNNT) Q2 2021 Earnings Conference Call May 6, 2021 12:00 PM ET Company Participants Art Penn - Chairman & Chief Executive Officer Aviv Efrat - Chief Financial Officer Conference Call Participants Casey Alexander - Compass Point Robert Dodd - Raymond James Ryan Lynch - KBW Mickey Schleien - Ladenburg Kyle Joseph - Jefferies Melissa Wedel - JPMorgan Operator Good afternoon and welcome to the PennantPark Investment Corporation's Second Fiscal Quarter 2021 Earnings Confe ...