PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share

Rhea-AI Summary

PennantPark Floating Rate Capital (NYSE: PFLT) declared a monthly distribution of $0.1025 per share for December 2025, payable on January 2, 2026 to holders of record as of December 15, 2025. The Company expects the distribution to be paid from taxable net investment income, with final tax characteristics reported on Form 1099 and in its SEC filings.

The company operates as a regulated investment company (RIC) investing primarily in U.S. middle-market floating-rate senior secured loans and is managed by PennantPark Investment Advisers, which manages approximately $10 billion of investable capital. Non-U.S. stockholders may receive interest-related dividends that can be exempt from U.S. withholding tax with proper documentation.

Positive

• Monthly distribution declared at $0.1025 per share
• Payment date set for January 2, 2026 to holders of record on Dec 15, 2025
• Distribution expected from taxable net investment income (not return of capital)
• PennantPark Investment Advisers manages approximately $10 billion of investable capital
• RIC structure allows interest-related dividends potentially exempt from U.S. withholding tax for qualified non-U.S. holders

Negative

• None.

News Market Reaction

+2.62%

1 alert

+2.62% News Effect

On the day this news was published, PFLT gained 2.62%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Monthly distribution: $0.1025 per share Payment date: January 2, 2026 Record date: December 15, 2025 +2 more

5 metrics

Monthly distribution $0.1025 per share Declared for December 2025; payable January 2, 2026

Payment date January 2, 2026 Distribution payable date to shareholders

Record date December 15, 2025 Shareholders of record eligible for distribution

Investable capital $10 billion PennantPark Investment Advisers managed capital, including potential leverage

Inception year 2007 PennantPark Investment Advisers operating history reference

Market Reality Check

Price: $9.50 Vol: Volume 777,942 is below t...

normal vol

$9.50 Last Close

Volume Volume 777,942 is below the 20-day average of 948,495 (rel. 0.82x). normal

Technical Price $9.45 is trading below the 200-day MA of $10.02 and 17.83% under the 52-week high.

Peers on Argus

PFLT showed a small 0.1% gain while peers were mixed: AWF (-0.09%), BCSF (-0.62%...

PFLT showed a small 0.1% gain while peers were mixed: AWF (-0.09%), BCSF (-0.62%), JFR (0%), KBDC (+0.2%), NMFC (-1.84%). Moves do not indicate a broad sector shift.

Historical Context

5 past events · Latest: Dec 02 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 02	Monthly distribution	Neutral	+2.6%	Declared December 2025 monthly distribution of <b>$0.1025</b> per share.
Nov 24	Earnings results	Neutral	-1.0%	Reported Q4 and full-year 2025 results including NII and NAV metrics.
Nov 04	Monthly distribution	Neutral	+0.2%	Announced November 2025 monthly distribution of <b>$0.1025</b> per share.
Oct 03	Earnings scheduling	Neutral	+0.0%	Scheduled release and call for Q4 2025 financial results.
Oct 02	Monthly distribution	Neutral	-0.2%	Declared October 2025 monthly distribution of <b>$0.1025</b> per share.

Pattern Detected

Recent monthly distribution announcements and related disclosures have been followed by modest single-day price moves, suggesting these income updates are largely expected by the market.

Recent Company History

Over the last few months, PennantPark Floating Rate Capital Ltd. has regularly announced a monthly distribution of $0.1025 per share, with filings on Oct 2, Nov 4, and again on Dec 2, 2025. Alongside this, the company reported Q4 and full-year results on Nov 24, 2025, detailing portfolio size, NAV, and net investment income. Price reactions to these items have been modest, indicating that recurring distribution and earnings updates are broadly anticipated.

Market Pulse Summary

This announcement reiterates PennantPark Floating Rate Capital Ltd.’s monthly distribution of $0.102...

Analysis

This announcement reiterates PennantPark Floating Rate Capital Ltd.’s monthly distribution of $0.1025 per share for December 2025, expected to come from taxable net investment income. As a regulated investment company, it highlights potential U.S. withholding tax benefits for certain non-U.S. holders. In context of its middle-market floating-rate loan strategy, investors may focus on future net investment income coverage, credit quality within the loan book, and any changes to the recurring distribution level.

Key Terms

regulated investment company, short-term capital gains, u.s. withholding tax, senior secured loans, +2 more

6 terms

regulated investment company financial

"The Company, which operates as a regulated investment company (“RIC”), generates..."

A regulated investment company is a type of pooled investment (like a mutual fund or ETF) that meets specific tax-law rules allowing it to pass most income, gains and losses directly to shareholders instead of being taxed at the company level. For investors this matters because it affects how distributions are taxed, how often income is paid, and the overall net return—think of it like a collective account that funnels earnings straight to owners rather than keeping profits inside a separate corporate layer.

short-term capital gains financial

"generates qualified interest income and short-term capital gains that may be exempt..."

Profit from selling an investment held for a short period that is taxed at ordinary income rates rather than the lower long-term rates. Think of it like flipping a gadget quickly for a gain: because you didn’t hold it long, the taxman treats the profit like regular pay, which can reduce the after-tax return and influence decisions about how long investors keep assets.

u.s. withholding tax regulatory

"may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders."

U.S. withholding tax is an automatic tax taken at the source from payments such as dividends, interest or sale proceeds paid to non-U.S. persons or certain accounts, similar to having a portion of a paycheck held back before you get it. It matters to investors because it reduces the cash they receive from U.S. securities and can affect net returns; some or all of the withheld amount may be reduced or reclaimed through tax treaties or filings, so understanding it influences investment decisions and expected income.

senior secured loans financial

"primarily invests in U.S. middle-market private companies in the form of floating rate senior secured loans..."

Senior secured loans are debt agreements where lenders have first claim on specific assets as collateral and are paid back before other creditors if a borrower defaults. For investors, that priority and collateral generally make these loans less risky than unsecured or junior debt while still offering higher income than cash, like holding a first mortgage on a property rather than an unsecured IOU, and they often carry floating interest that helps protect against rising rates.

first lien secured debt financial

"including first lien secured debt, second lien secured debt and subordinated debt."

A first lien secured debt is a loan or bond backed by specific assets that gives the lender the top legal claim on those assets if the borrower defaults. Think of it like holding the first seat in line for repayment from a company’s pledged property; that priority usually means lower risk and lower interest compared with unsecured or later‑ranked debt. Investors care because it determines how likely they are to recover money if the borrower runs into trouble and where this claim sits in the company’s payment order.

subordinated debt financial

"second lien secured debt and subordinated debt. From time to time, the Company may also invest..."

Subordinated debt is a type of loan that is paid back after other debts have been settled if a company encounters financial trouble. It is considered riskier for lenders because they have lower priority in getting repaid, similar to being last in line during a payout. For investors, this means higher potential returns in exchange for taking on more risk.

AI-generated analysis. Not financial advice.

MIAMI, Dec. 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for December 2025 of $0.1025 per share, payable on January 2, 2026 to stockholders of record as of December 15, 2025. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

The Company, which operates as a regulated investment company (“RIC”), generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders. The U.S. tax law permits a RIC to report the portion of distributions paid that represents interest-related dividends as exempt from U.S. withholding tax when paid to non-U.S. stockholders with proper documentation.

The specific tax characteristics of this distribution can be found on our website www.pennantpark.com.

ABOUT PENNANTPARK FLOATING RATE CAPITAL LTD.

PennantPark Floating Rate Capital Ltd. is a business development company which primarily invests in U.S. middle-market private companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. From time to time, the Company may also invest in equity investments. PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC.

ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

PennantPark Investment Advisers, LLC, a leading middle market credit platform, and its affiliates, manage approximately $10 billion of investable capital, including potential leverage. Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles, Amsterdam, and Zurich. For more information about PennantPark and affiliates, please go to our website at www.pennantpark.com.

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Exchange Act the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports PennantPark Floating Rate Capital Ltd. files under the Exchange Act. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Floating Rate Capital Ltd. undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

The information contained herein is based on current tax laws, which may change in the future. The Company cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided in this publication or from any other source mentioned. The information provided in this material does not constitute any specific legal, tax or accounting advice. Please consult with qualified professionals for this type of advice.

CONTACT:
Richard T. Allorto, Jr.
PennantPark Floating Rate Capital Ltd.
(212) 905-1000
www.pennantpark.com

FAQ

What distribution did PennantPark Floating Rate Capital (PFLT) declare for December 2025?

PFLT declared a monthly distribution of $0.1025 per share for December 2025.

When will PFLT's December 2025 distribution be paid and who is eligible?

The distribution is payable on January 2, 2026 to stockholders of record as of December 15, 2025.

How will PFLT characterize the December 2025 distribution for tax purposes?

The company expects the distribution to be paid from taxable net investment income; final tax details will appear on Form 1099 and SEC filings.

Is PFLT's distribution subject to U.S. withholding tax for non-U.S. investors?

Interest-related dividends from the RIC may be exempt from U.S. withholding tax for non-U.S. stockholders with proper documentation.

What does PennantPark Floating Rate Capital primarily invest in and who manages it?

PFLT primarily invests in U.S. middle-market floating-rate senior secured loans and is managed by PennantPark Investment Advisers, which manages about $10 billion of investable capital.