PFLT
PennantPark Floating Rate Capital
Portfolio Fair Value
$2.40B
481 holdings
Avg Spread
+5.87%
FV-weighted, debt
Avg Coupon
10.18%
FV-weighted
% First Lien
90.0%
of debt FV
Unrealized P/L
-$51.35M
-2.09% of cost
Non-Accrual
4
text-detected
Balance sheet
Assets$2.52B
Liabilities + Equity$2.52B
First Lien
$2.16B · 85.8%
First Lien
$2.16B · 85.8%
Equity
$240.41M · 9.5%
Cash & Equivalents
$102.73M · 4.1%
Other Assets
$15.36M · 0.6%
Debt (Borrowings)
$298.96M · 11.9%
Debt (Borrowings)
$298.96M · 11.9%
Other Liabilities
$1.14B · 45.0%
Other Liabilities
$1.14B · 45.0%
Net Assets (Equity)
$1.09B · 43.1%
Net Assets (Equity)
$1.09B · 43.1%
Industry Composition
Financial Services Current Coupon 12.29% Basis Point Spread Above Index 3M SOFR+800
9.9%
Professional Services Current Coupon 9.33% Basis Point Spread Above Index 3M SOFR+ 500
3.3%
Aerospace and Defense Current Coupon 11.05% Basis Point Spread Above Index 3M SOFR+ 675
2.6%
Financial Services
2.6%
Personal Products Current Coupon 9.80% Basis Point Spread Above Index 3M SOFR+ 550
2.4%
Media Current Coupon 9.55% Basis Point Spread Above Index 3M SOFR+ 525
2.3%
Healthcare Providers and Services Current Coupon 9.80% Basis Point Spread Above Index 3M SOFR+ 550
2.2%
Business Services Current Coupon 10.07% Basis Point Spread Above Index 3M SOFR+ 575
2.1%
High Tech Industries Current Coupon 10.79% Basis Point Spread Above Index 1M SOFR+ 647
2.1%
Leisure Products Current Coupon 10.07% Basis Point Spread Above Index 3M SOFR+ 575
1.9%
Aerospace and Defense
1.9%
Commercial Services & Supplies Current Coupon 8.80% Basis Point Spread Above Index 3M SOFR+ 450
1.8%
Other industries
65.0%
Spread Distribution
4.0%
4.5%
5.0%
5.5%
6.0%
6.5%
7.0%
7.5%
8.0%
8.5%
9.0%
9.5%
Schedule of Investments
All holdings
All holdings
Sortable, click headers to re-sort
481 of 495
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
Investments in Controlled, Affiliated Portfolio Companies First Lien Secured DebT PennantPark Senior Secured Loan Fund I LLC Maturity 05/07/2029 | Financial Services Current Coupon 12.29% Basis Point Spread Above Index 3M SOFR+800 | First Lien Secured Debt | $237.65M | $237.65M | $0.00 | 12.29% | +8.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Harris & Co. LLC Maturity 8/9/2030 | Professional Services Current Coupon 9.33% Basis Point Spread Above Index 3M SOFR+ 500 | First Lien Secured Debt | $78.75M | $78.11M | $643.0K | 9.33% | +5.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Best Practice Associates, LLC Maturity 11/8/2029 | Aerospace and Defense Current Coupon 11.05% Basis Point Spread Above Index 3M SOFR+ 675 | First Lien Secured Debt | $63.16M | $63.12M | $40.0K | 11.05% | +6.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Loving Tan Intermediate II, Inc. Maturity 5/31/2028 | Personal Products Current Coupon 9.80% Basis Point Spread Above Index 3M SOFR+ 550 | First Lien Secured Debt | $57.05M | $56.67M | $386.0K | 9.80% | +5.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Marketplace Events Acquisition, LLC Maturity 12/19/2030 | Media Current Coupon 9.55% Basis Point Spread Above Index 3M SOFR+ 525 | First Lien Secured Debt | $55.30M | $54.80M | $499.0K | 9.55% | +5.25% | — |
Investments in Controlled, Affiliated Portfolio Companies Equity Interests PennantPark Senior Secured Loan Fund I LLC | Financial Services | Equity Interests | $53.29M | $123.72M | -$70.44M | — | — | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt ARGANO, LLC Maturity 9/13/2029 | Business Services Current Coupon 10.07% Basis Point Spread Above Index 3M SOFR+ 575 | First Lien Secured Debt | $50.48M | $50.48M | $3.0K | 10.07% | +5.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt By Light Professional IT Services, LLC Maturity 11/16/2026 | High Tech Industries Current Coupon 10.79% Basis Point Spread Above Index 1M SOFR+ 647 | First Lien Secured Debt | $48.77M | $48.66M | $107.0K | 10.79% | +6.47% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Commercial Fire Protection Holdings, LLC Maturity 9/23/2030 | Commercial Services & Supplies Current Coupon 8.80% Basis Point Spread Above Index 3M SOFR+ 450 | First Lien Secured Debt | $43.42M | $43.13M | $296.0K | 8.80% | +4.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt GGG MIDCO, LLC Maturity 9/27/2030 | Diversified Consumer Services Current Coupon 9.30% Basis Point Spread Above Index 3M SOFR+ 500 | First Lien Secured Debt | $41.48M | $41.10M | $376.0K | 9.30% | +5.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt RTIC Subsidiary Holdings, LLC Maturity 5/3/2029 | Leisure Products Current Coupon 10.07% Basis Point Spread Above Index 3M SOFR+ 575 | First Lien Secured Debt | $40.95M | $41.15M | -$195.0K | 10.07% | +5.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt OSP Embedded Purchaser, LLC Maturity 12/17/2029 | Aerospace and Defense Current Coupon 10.07% Basis Point Spread Above Index 3M SOFR+ 575 | First Lien Secured Debt | $39.79M | $40.04M | -$253.0K | 10.07% | +5.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt System Planning and Analysis, Inc. (f/k/a Management Consulting & Research, LLC) Maturity 8/16/2027 | Aerospace and Defense Current Coupon 8.92% Basis Point Spread Above Index 3M SOFR+ 475 | First Lien Secured Debt | $37.06M | $37.09M | -$24.0K | 8.92% | +4.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Beacon Behavioral Support Service, LLC Maturity 6/21/2029 | Healthcare Providers and Services Current Coupon 9.80% Basis Point Spread Above Index 3M SOFR+ 550 | First Lien Secured Debt | $36.65M | $36.62M | $34.0K | 9.80% | +5.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Express Wash Intermediate, LLC Maturity 4/10/2031 | Automobiles Current Coupon 10.46% Basis Point Spread Above Index 3M SOFR+ 625 | First Lien Secured Debt | $34.90M | $34.94M | -$41.0K | 10.46% | +6.25% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Carnegie Dartlet, LLC Maturity 2/7/2030 | Professional Services Current Coupon 9.83% Basis Point Spread Above Index 3M SOFR+ 550 | First Lien Secured Debt | $33.06M | $32.97M | $92.0K | 9.83% | +5.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt ACP Avenu Buyer, LLC Maturity 10/2/2029 | IT Services Current Coupon 9.05% Basis Point Spread Above Index 3M SOFR+ 475 | First Lien Secured Debt | $32.13M | $32.13M | -$2.0K | 9.05% | +4.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt PlayPower, Inc. Maturity 8/28/2030 | Leisure Products Current Coupon 9.55% Basis Point Spread Above Index 1M SOFR+ 525 | First Lien Secured Debt | $31.84M | $31.97M | -$127.0K | 9.55% | +5.25% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt MOREGroup Holdings, Inc. Maturity 1/16/2030 | Construction & Engineering Current Coupon 9.57% Basis Point Spread Above Index 3M SOFR+ 525 | First Lien Secured Debt | $31.60M | $31.23M | $375.0K | 9.57% | +5.25% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Big Top Holdings, LLC Maturity 3/1/2030 | Construction & Engineering Current Coupon 9.80% Basis Point Spread Above Index 3M SOFR+ 550 | First Lien Secured Debt | $29.45M | $29.00M | $445.0K | 9.80% | +5.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Archer Lewis, LLC Maturity 8/28/2029 | Healthcare Technology Current Coupon 10.05% Basis Point Spread Above Index 3M SOFR+ 575 | First Lien Secured Debt | $29.04M | $28.79M | $245.0K | 10.05% | +5.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt C5MI Holdco, LLC Maturity 7/31/2029 | IT Services Current Coupon 10.30% Basis Point Spread Above Index 3M SOFR+ 600 | First Lien Secured Debt | $28.78M | $28.42M | $367.0K | 10.30% | +6.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Lightspeed Buyer Inc. Maturity 2/3/2027 | Healthcare Technology Current Coupon 9.05% Basis Point Spread Above Index 3M SOFR+ 475 | First Lien Secured Debt | $27.98M | $27.87M | $108.0K | 9.05% | +4.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt PAR Excellence Holdings, Inc. Maturity 9/3/2030 | Healthcare Technology Current Coupon 9.32% Basis Point Spread Above Index 3M SOFR+ 500 | First Lien Secured Debt | $27.23M | $27.25M | -$21.0K | 9.32% | +5.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Sabel Systems Technology Solutions, LLC Maturity 10/31/2030 | Government Services Current Coupon 10.07% Basis Point Spread Above Index 3M SOFR+ 575 | First Lien Secured Debt | $26.72M | $26.48M | $236.0K | 10.07% | +5.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Omnia Exterior Solutions, LLC Maturity 12/31/2029 | Diversified Consumer Services Current Coupon 9.55% Basis Point Spread Above Index 3M SOFR+ 525 | First Lien Secured Debt | $23.31M | $23.37M | -$60.0K | 9.55% | +5.25% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt RRA Corporate, LLC Maturity 8/15/2029 | Diversified Consumer Services Current Coupon 9.57% Basis Point Spread Above Index 3M SOFR+ 525 | First Lien Secured Debt | $20.34M | $20.32M | $22.0K | 9.57% | +5.25% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies Common Equity/Warrants By Light Investco LP | High Tech Industries | Common Equity/Warrants | $20.33M | $687.0K | $19.64M | — | — | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Sigma Defense Systems, LLC Maturity 12/20/2027 | IT Services Current Coupon 11.47% Basis Point Spread Above Index 3M SOFR+ 715 | First Lien Secured Debt | $20.20M | $19.95M | $249.0K | 11.47% | +7.15% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt BLC Holding Company, Inc. Maturity 11/20/2030 | Business Services Current Coupon 8.80% Basis Point Spread Above Index 3M SOFR+ 450 | First Lien Secured Debt | $19.91M | $19.79M | $126.0K | 8.80% | +4.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt AFC Dell Holding Corp. Maturity 4/9/2027 | Distributors Current Coupon 9.83% Basis Point Spread Above Index 3M SOFR+ 550 | First Lien Secured Debt | $19.68M | $19.75M | -$68.0K | 9.83% | +5.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt NORA Acquisition, LLC Maturity 8/31/2029 | Healthcare Providers and Services Current Coupon 10.65% Basis Point Spread Above Index 3M SOFR+ 635 | First Lien Secured Debt | $19.50M | $19.34M | $162.0K | 10.65% | +6.35% | — |
Arcfield | Aerospace and Defense | First Lien Secured Debt | $19.34M | $19.42M | -$78.0K | 9.28% | +5.00% | 2031-10-28 |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Beta Plus Technologies, Inc. Maturity 7/2/2029 | Internet Software and Services Current Coupon 10.05% Basis Point Spread Above Index 1M SOFR+ 575 | First Lien Secured Debt | $19.21M | $19.14M | $68.0K | 10.05% | +5.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Case Works, LLC Maturity 10/1/2029 | Professional Services Current Coupon 9.55% Basis Point Spread Above Index 3M SOFR+ 525 | First Lien Secured Debt | $18.25M | $18.54M | -$293.0K | 9.55% | +5.25% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Boss Industries, LLC Maturity 12/27/2030 | Independent Power and Renewable Electricity Producers Current Coupon 9.30% Basis Point Spread Above Index 3M SOFR+ 500 | First Lien Secured Debt | $18.00M | $17.88M | $120.0K | 9.30% | +5.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Medina Health, LLC Maturity 10/20/2028 | Healthcare Providers and Services Current Coupon 10.57% Basis Point Spread Above Index 3M SOFR+ 625 | First Lien Secured Debt | $17.52M | $17.27M | $258.0K | 10.57% | +6.25% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Hills Distribution Inc. Maturity 11/8/2029 | Distributors Current Coupon 10.32% Basis Point Spread Above Index 1M SOFR+ 600 | First Lien Secured Debt | $17.11M | $16.93M | $181.0K | 10.32% | +6.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Dr. Squatch, LLC Maturity 8/31/2027 | Personal Products Current Coupon 9.65% Basis Point Spread Above Index 3M SOFR+ 535 | First Lien Secured Debt | $16.74M | $16.62M | $122.0K | 9.65% | +5.35% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Azureon, LLC Maturity 6/26/2029 | Diversified Consumer Services Current Coupon 10.05% Basis Point Spread Above Index 3M SOFR+ 575 | First Lien Secured Debt | $16.51M | $16.71M | -$199.0K | 10.05% | +5.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Impact Advisors, LLC Maturity 3/19/2032 | Business Services Current Coupon 9.05% Basis Point Spread Above Index 3M SOFR+ 475 | First Lien Secured Debt | $16.48M | $16.48M | -$2.0K | 9.05% | +4.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Ro Health, LLC Maturity 1/17/2031 | Healthcare Providers and Services Current Coupon 9.30% Basis Point Spread Above Index 3M SOFR+ 500 | First Lien Secured Debt | $16.48M | $16.37M | $110.0K | 9.30% | +5.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt SV-Aero Holdings, LLC - Term Loan Maturity 11/1/2030 | Aerospace and Defense Current Coupon 9.55% Basis Point Spread Above Index 3M SOFR+ 525 | First Lien Secured Debt | $15.37M | $15.31M | $65.0K | 9.55% | +5.25% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Schlesinger Global, Inc. Maturity 7/21/2025 | Professional Services Current Coupon 12.93% (PIK 5.85%) Basis Point Spread Above Index 3M SOFR+ 860 | First Lien Secured Debt | $14.98M | $15.76M | -$786.0K | 12.93% | +8.60% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Infinity Home Services Holdco, Inc. Maturity 12/28/2028 | Commercial Services & Supplies Current Coupon 10.30% Basis Point Spread Above Index 3M SOFR+ 600 | First Lien Secured Debt | $14.83M | $14.80M | $30.0K | 10.30% | +6.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Eval Home Health Solutions Intermediate, LLC Maturity 5/10/2030 | Healthcare, Education and Childcare Current Coupon 10.07% Basis Point Spread Above Index 1M SOFR+ 575 | First Lien Secured Debt | $14.11M | $13.91M | $198.0K | 10.07% | +5.75% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Emergency Care Partners, LLC Maturity 10/18/2027 | Healthcare Providers and Services Current Coupon 9.80% Basis Point Spread Above Index 3M SOFR+ 550 | First Lien Secured Debt | $13.67M | $13.59M | $77.0K | 9.80% | +5.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Amsive Holding Corporation (f/k/a Vision Purchaser Corporation) Maturity 6/10/2026 | Media Current Coupon 10.75% Basis Point Spread Above Index 3M SOFR+ 650 | First Lien Secured Debt | $13.63M | $13.72M | -$87.0K | 10.75% | +6.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Aechelon Technology, Inc. Maturity 8/16/2029 | Aerospace and Defense Current Coupon 10.83% Basis Point Spread Above Index 1M SOFR+ 650 | First Lien Secured Debt | $13.58M | $13.47M | $112.0K | 10.83% | +6.50% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Safe Haven Defense US LLC Maturity 5/23/2029 | Building Products Current Coupon 9.57% Basis Point Spread Above Index 3M SOFR+ 525 | First Lien Secured Debt | $13.45M | $13.28M | $173.0K | 9.57% | +5.25% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Kinetic Purchaser, LLC Maturity 11/10/2027 | Personal Products Current Coupon 10.45% Basis Point Spread Above Index 3M SOFR+ 615 | First Lien Secured Debt | $13.27M | $13.84M | -$567.0K | 10.45% | +6.15% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Cartessa Aesthetics, LLC Maturity 6/14/2028 | Distributors Current Coupon 10.32% Basis Point Spread Above Index 3M SOFR+ 600 | First Lien Secured Debt | $12.85M | $12.73M | $116.0K | 10.32% | +6.00% | — |
Investments in Non-Controlled, Non-Affiliated Portfolio Companies First Lien Secured Debt Cornerstone Advisors of Arizona, LLC Maturity 5/13/2032 | Consulting Services Current Coupon 9.05% Basis Point Spread Above Index 3M SOFR+ 475 | First Lien Secured Debt | $12.77M | $12.77M | $0.00 | 9.05% | +4.75% |