PennantPark Floating Rate Capital FY26 Q3 net investment income rises 5.19% to $25.9 million
PFLT•Management comments on performance
Art Penn said government services and defense exposure continued to outperform, citing a meaningful equity co-investment realization in a defense technology company.
Net asset value and portfolio metrics
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.
Quarterly net investment income rises
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.
