• PennantPark Investment
    Corporation (PNNT)

Investor FAQs

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Who is PennantPark Investment Corporation?
Incorporated in January 2007, PennantPark Investment Corporation is a closed-end, externally managed, non-diversified investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. In addition, for tax purposes we have elected to be treated as a regulated investment company, or RIC.
Who is PennantPark Investment Advisers, LLC?

We have entered into an Investment Management Agreement with the PennantPark Investment Advisers, LLC under which the Investment Adviser, subject to the overall supervision of our board of directors, manages the day-to-day operations of and provides investment advisory services to, PennantPark Investment Corporation. For providing these services, the Investment Adviser receives a fee from us, consisting of two components—a base management fee and an incentive fee.

Who is PennantPark Investment Administration, LLC?
PennantPark Investment Administration, LLC provides us with administrative services. For providing these services, facilities and personnel, we reimburse the Administrator for our allocable portion of overhead and other expenses incurred by the Administrator in performing its obligations under the Administration Agreement, including rent, technology systems, insurance and our allocable portion of the costs of the compensation and related expenses for its chief compliance officer, chief financial officer and their respective staffs. The Administrator also provides on our behalf managerial assistance to portfolio companies to which we are required to provide such assistance.
What is PennantPark Investment Corporation's investment objectives?
Our investment objectives are to generate both current income and capital appreciation through debt and equity investments. We invest primarily in U.S. middle-market private companies in the form of mezzanine debt senior secured loans and equity investments. Additionally, we may hold up to 30% of our portfolio assets in opportunistic investments such as companies with securities traded on a national securities exchange, non-U.S. companies, or investment companies as defined in the Investment Company Act of 1940.
Where is PennantPark Investment Corporation's common stock listed?
Our common stock is listed and traded on the NASDAQ under ticker symbol PNNT. Information about our stock price and other related data can be found by visiting the STOCK INFORMATION page on our website.
Where can I find information about PennantPark Investment Corporation's net asset value(NAV)?
Information about our NAV information can be found in our public filings with the Securities and Exchange Commission through their website WWW.SEC.GOV or by visiting the SEC FILINGS page on our website.
Can I purchase shares directly from PennantPark Investment Corporation?

No. Investors must go through a broker or to our transfer agent American Stock Transfer (also our dividend reinvestment plan administrator) to purchase shares. Please visit American Stock Transfer's website at WWW.AMSTOCK.COM or call 1-866-659-2642 for more information.

What is PennantPark Investment Corporation's cusip number?

PennantPark Investment Corporation cusip number is 708062104.

Does PennantPark Investment Corporation pay dividends?

Yes. PennantPark Investment Corporation intends to distribute quarterly dividends to stockholders of record. Information about our historical dividends can be found by visiting the DIVIDENDS page on our website.

Does PennantPark Investment Corporation have a Dividend Reinvestment Plan (DRIP)?

Yes. We maintain an "opt out" dividend reinvestment plan for our common stockholders. As a result, if we declare a dividend or other distribution, then stockholders' cash distributions will be automatically reinvested in additional shares of our common stock, unless they specifically "opt out" of the dividend reinvestment plan so as to receive cash distributions.

How can I opt out of the Dividend Reinvestment Plan?

A registered stockholder may elect to receive an entire dividend in cash by notifying American Stock Transfer and Trust Company, the plan administrator and our transfer agent and registrar, in writing so that such notice is received by the plan administrator no later than the record date for dividends to stockholders. Registered stockholders can notify the plan administrator via its website at WWW.AMSTOCK.COM, by filling out the transaction request form located at the bottom of their statement and sending it to the plan administrator at P.O. Box 922, Wall Street Station, NY, NY 10269-0560 or by calling the plan administrator's Interactive Voice Response System at 1-866-659-2642 .

How do I know if I am a registered stockholder?

A registered stockholder is one that is shown on the records of the Company. If you purchased shares through a broker, the shares might not be registered in your name but instead may be registered in the name of the broker (held in "street name"). Individual stockholders whose shares are held in street name should contact their broker for more information on any dividend reinvestment plan changes.

Are dividends taxable to stockholders?

Dividends are generally taxable to U.S. stockholders as ordinary income or capital gains. We will send to each of our U.S. registered stockholders, as promptly as possible after the end of each calendar year, a Form 1099-DIV, which details the amounts includible in such U.S. stockholder's taxable income for such year as ordinary income and as long-term capital gains.

How can I obtain additional information from PennantPark Investment Corporation?

Additional information can be requested by visiting the CONTACT US page on our website.

How can I receive e-mail alerts from PennantPark Investment Corporation?
For more information on how to sign up for e-mail alerts regarding events, documents and press releases please visit the E-MAIL NOTIFICATION page on our website.


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