Key information

🔎 Fund Overview

PennantPark Investment Corporation is a closed-end, externally managed and non-diversified investment company. The Company is a business development company, whose objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments. It invests primarily in United States middle-market companies in the form of first lien secured debt, second lien secured debt, subordinated debt, and equity investments. The Company’s debt investments range in maturity from 3 to 10 years and are made to the United States and to a limited extent, non-United States corporations, partnerships, and other business entities, which operate in various industries and geographical regions. It invests in sectors, including media, hotels, motels, inns and gaming, aerospace and defense, building materials, environmental services, healthcare, education and childcare, consumer products, printing and publishing, and the auto sector, among others.