Welcome to our dedicated page for PennantPark Floating Rate Capital Ltd. SEC filings (Ticker: PFLT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
PennantPark Floating Rate Capital Ltd. filings document operating results, distribution disclosures and capital-structure activity for a closed-end investment company that invests in floating-rate loans and other investments in U.S. middle-market companies. Form 8-K reports furnish quarterly financial results under Item 2.02 and Regulation FD releases for monthly distributions and earnings schedules.
Other filings describe material agreements tied to unsecured notes, underwriting arrangements, shelf registration on Form N-2, and collateralized loan obligation refinancing through PennantPark CLO VIII, LLC. The record also identifies the company's NYSE-listed common stock, external adviser relationships, RIC distribution tax matters, portfolio composition and leverage-related financing.
PennantPark Floating Rate Capital Ltd. (ticker PFLT for its common stock) declared a monthly distribution for September 2026 of $0.0833 per share, consisting of a $0.08 base dividend and a $0.0033 supplemental dividend. The distribution is payable on October 1, 2026 to stockholders of record as of September 15, 2026 and is expected to be paid from taxable net investment income. As a regulated investment company, the firm notes that portions of its distributions may qualify as interest-related dividends or short-term capital gains for non-U.S. stockholders, potentially reducing U.S. withholding tax, with final tax characteristics to be reported on Form 1099 and in a periodic report.
PFLA reports a detailed schedule of investments in non-controlled, non-affiliated portfolio companies, spanning first lien secured debt, funded and unfunded revolvers, term loans, preferred equity and common equity/warrants. Borrowers and issuers operate across sectors such as healthcare providers and services, aerospace and defense, media, business services, consumer products, distributors, and professional services.
Many debt positions are floating-rate loans with current coupons stated as a spread over 1‑month or 3‑month SOFR, for example SOFR +550, +575 or +600 basis points, with all-in current coupons often in the high single to low double digits. The schedule also lists several higher-coupon preferred equity and subordinated instruments, including telecom, consumer finance and leisure products names, as well as equity co‑investments alongside sponsors. Overall, the disclosure highlights a broadly diversified, largely floating‑rate private credit and equity co‑investment portfolio with maturities generally ranging from 2025 into the early 2030s.
PennantPark Floating Rate Capital Ltd. reported third-quarter 2026 results with an investment portfolio of $2.50 billion and net assets of $1.02 billion, resulting in a net asset value of $10.26 per share, a 2.0% quarterly decline. Debt to equity stood at 1.56x, with a weighted average yield on debt investments of 9.8%.
For the quarter ended June 30, 2026, net investment income was $25.9 million, or $0.26 per share, matching Core NII per share. Net realized gains were strong at $37.3 million, but were more than offset by net unrealized depreciation of $56.6 million, leading to a net increase in net assets from operations of $7.6 million, or $0.08 per share.
The portfolio remained highly diversified with 159 companies and approximately 99% in variable-rate debt, while non-accruals affected four portfolio companies, representing 1.0% of cost and 0.4% of fair value. PennantPark declared base and supplemental quarterly distributions totaling $0.2883 per share and maintained significant liquidity, including $449.7 million of unused Credit Facility capacity and $100.8 million in cash and cash equivalents.
PennantPark Floating Rate Capital Ltd. declared a monthly distribution for August 2026 of $0.0833 per share, consisting of a $0.08 base dividend and a $0.0033 supplemental dividend. The distribution is payable on September 1, 2026 to stockholders of record as of August 14, 2026 and is expected to be funded from taxable net investment income.
The company operates as a regulated investment company, and its distributions may include interest-related dividends and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders with proper documentation. PennantPark Floating Rate Capital Ltd. is a business development company focused on floating rate senior secured loans to U.S. middle-market private companies.
PennantPark Floating Rate Capital Ltd. announced the timing of its third fiscal quarter 2026 results. The company will report financial results for the quarter ended June 30, 2026 on Monday, August 10, 2026 after the close of the financial markets.
The company will host a conference call on Tuesday, August 11, 2026 at 9:00 a.m. Eastern Time to discuss the results, open to all interested parties via toll-free and international dial-in numbers. PennantPark Floating Rate Capital Ltd. is a business development company that primarily invests in U.S. middle-market private companies through floating rate senior secured loans and related debt instruments.
PennantPark Floating Rate Capital Ltd. announced a monthly distribution of $0.0833 per share for July 2026. This consists of a $0.08 per share base dividend and a $0.0033 per share supplemental dividend. The dividend will be paid on August 3, 2026 to stockholders who are on record as of July 15, 2026.
The company expects this distribution to come from taxable net investment income. As a regulated investment company, it may designate portions of its payouts as interest-related dividends and short-term capital gains, which can be exempt from U.S. withholding tax for eligible non-U.S. stockholders, subject to proper documentation and current tax laws.
PennantPark Floating Rate Capital Ltd. declared a June 2026 monthly distribution of $0.0833 per share, consisting of a $0.08 base dividend and a $0.0033 supplemental dividend. The payout is scheduled for July 1, 2026 to stockholders of record on June 15, 2026.
The distribution is expected to be paid from taxable net investment income. As a regulated investment company, PennantPark Floating Rate Capital Ltd. may generate qualified interest income and short-term capital gains that can be distributed to eligible non-U.S. stockholders without U.S. withholding tax.
PennantPark Floating Rate Capital Ltd. issued $105,000,000 aggregate principal amount of its 7.375% Notes due 2031, including $5,000,000 from a partial over‑allotment exercise. The company received approximately $101.19 million in net proceeds.
The notes mature on June 15, 2031, are callable at the company’s option on or after June 15, 2028, and pay 7.375% interest per year, quarterly in arrears starting September 15, 2026. PennantPark Floating Rate intends to use the proceeds to repay its revolving credit facility, invest in portfolio companies, and for general corporate or strategic purposes.
The notes are unsecured obligations ranking pari passu with existing and future unsecured unsubordinated debt, senior to future subordinated debt and preferred stock, and effectively or structurally subordinated to secured and subsidiary-level obligations. The notes are expected to list on the NYSE under the symbol PFLA.
PennantPark Floating Rate Capital Ltd. is offering $100.0 million aggregate principal amount of 7.375% Notes due 2031. The Notes mature on June 15, 2031, pay interest quarterly beginning September 15, 2026, and are unsecured, pari passu with the company’s unsecured debt.
The company intends to use net proceeds (approximately $96.35 million) to repay amounts under its Credit Facility and to invest in portfolio companies and for general corporate purposes; the offering is subject to optional redemption on or after June 15, 2028.
PennantPark Floating Rate Capital Ltd. entered an underwriting agreement for a $100 million offering of its 7.375% Notes due 2031, with closing expected on June 1, 2026 subject to customary conditions. Underwriters also have a 30-day option to purchase up to an additional $15 million of these notes.
The company plans to use net proceeds to repay outstanding amounts under its revolving credit facility, invest in new or existing portfolio companies, and for general corporate or strategic purposes. The notes are expected to be listed on the New York Stock Exchange within 30 days of June 1, 2026 under the symbol PFLA, and the transaction is being conducted off an effective shelf registration on Form N-2.