Core Insights - PennantPark Investment Corporation is a business development company focused on investing in U.S. middle-market private companies through debt and equity investments [1] - Compass Point upgraded PennantPark's stock from Sell to Neutral, indicating a more positive outlook despite a recent stock price decrease of 1.87% [2][6] - The company announced a monthly distribution of $0.08 per share for December 2025, expected to provide a steady income stream for investors [3][6] Stock Performance - The stock price has fluctuated between $5.66 and $5.91, with a 52-week high of $7.53 and a low of $5.66, indicating market volatility [4][6] - The company's market capitalization is approximately $376.76 million, reflecting its size and value in the market [4] - The trading volume for the day is 1,524,801 shares, showcasing active investor interest [4] Distribution Details - The distribution's tax characteristics will be detailed to stockholders on Form 1099 after the year ends, ensuring transparency and compliance with regulatory requirements [5]

Apollo's Overview - Apollo has \$733 billion in Assets Under Management (AUM) [13] - The company has approximately \$29 billion in regulatory capital [13] - Apollo's private equity business has achieved a gross IRR of 39% and a net IRR of 24% since inception [13] - Apollo's total earnings growth from 2022 to 2023 was 26% [13] Financial Performance and Targets - Apollo's last twelve months (LTM) 3Q'24 deployment was \$248 billion [20] - Total origination for LTM 3Q'24 reached \$194 billion [22] - Total inflows for LTM 3Q'24 were \$151 billion [22] - Apollo's record fee-related earnings for 3Q'24 were \$531 million [23] - Apollo is targeting \$275 billion+ in annual origination by 2029 [59] - The company aims for \$150 billion+ in cumulative organic capital raise in Global Wealth from 2025 to 2029 [59] - Apollo targets approximately \$1 billion in annual fee-related revenue from Capital Solutions by 2029 [59]