PNNT BDC — PennantPark Investment Corporation

PennantPark Investment Corporation (PNNT)

Updated October 16, 2026.

PNNT is a BDC. its distribution rate is 30.26%, its trailing-12-month yield is 30.26%. Dividend Vision Distribution Safety Score™ is 40/100 (Caution). Total return is 126.9% over the past 19.5 years, 513.3 points behind SPY at 640.2%.

At the published price, recorded trailing 12-month cash corresponds to $3,026 per $10,000. Past cash distributions do not establish future income.

PennantPark Investment Corporation is a business development company that makes direct and mezzanine investments in middle-market U.S. companies across diverse industries including technology, healthcare, financial services, manufacturing, and energy. The company structures its investments across the capital stack through senior secured loans, subordinated debt, mezzanine financing, and equity stakes, typically deploying $10 million to $100 million per portfolio company. It currently distributes monthly at a high distribution rate, though its latest distribution was special and may not recur on a regular basis.

PNNT performance versus SPY

Price and return data through 2026-10-16.

Total return is 126.9% over the past 19.5 years, 513.3 points behind SPY at 640.2%. Over the past year its total return — price change plus distributions reinvested — is -41.4%. Its deepest 1-year drawdown was 43.1%.

PNNT key facts

Distribution Safety Score™

40 · Caution

Safety-Adjusted Yield

12.10%

Issuer

PennantPark

Asset type

BDC

Asset class

Equity

Distribution rate

30.26%

Distribution frequency

Monthly

Trailing yield

30.26%

5-year average yield

11.5

Last close

$3.04 (stale; as of 2026-10-16)

Market cap

$198,500,126

Average volume

888100.0

Dividend

$0.08

Ex-dividend date

10/15/2026

Payment date

11/02/2026

Beta

0.662

Payout ratio

51.8%

P/E ratio

20.27

Forward P/E

5.9809

EPS

$0.15

How Dividend Vision calculates yield and returns

Distribution rate (30.26%) uses trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (30.26%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: PennantPark; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PNNT risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 43.1%.

Who may consider PNNT — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PNNT

• All tickers starting with P

Tagged: BDC, Dividend.

Frequently asked questions

More securities from PennantPark.