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Mar 31, 2022
PennantPark Floating Rate Q2 2022 Earnings Report
Announced financial results for the second fiscal quarter ended March 31, 2022.
Key Takeaways
PennantPark Floating Rate Capital Ltd. reported net investment income of $11.4 million, or $0.29 per share, for the quarter ended March 31, 2022. The portfolio totaled $1,192.6 million, with a weighted average yield on debt investments of 7.5%.
Portfolio totaled $1,192.6 million as of March 31, 2022.
Net investment income was $11.4 million, or $0.29 per share, for the quarter ended March 31, 2022.
Weighted average yield on debt investments was 7.5% as of March 31, 2022.
Invested $113.2 million in seven new and 29 existing portfolio companies during the quarter.
PennantPark Floating Rate
PennantPark Floating Rate
Forward Guidance
No specific forward guidance was provided in the press release.