PennantPark Floating Rate Capital Ltd. Declares October Distribution

Strategic Insights -

PennantPark Floating Rate Capital Ltd., a business development company, has declared its monthly distribution for October 2025 of $0.1025 per share, payable on November 3, 2025, to stockholders of record as of October 15, 2025. The distribution is expected to be paid from taxable net investment income, and the specific tax characteristics will be reported to stockholders on Form 1099 after the end of the calendar year.

As a regulated investment company, PennantPark Floating Rate Capital Ltd. generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders. The Company has a comprehensive range of financing solutions that have enabled it to manage approximately $10 billion of investable capital since its inception in 2007.

Key Takeaways:

  • The Company has declared a monthly distribution of $0.1025 per share for October 2025, payable on November 3, 2025.
  • The distribution is expected to be paid from taxable net investment income.
  • The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.
  • PennantPark Floating Rate Capital Ltd. operates as a regulated investment company (RIC), generating qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders.
  • The Company has a comprehensive range of financing solutions, including first lien secured debt, second lien secured debt, and subordinated debt.
  • PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC, a leading middle market credit platform with approximately $10 billion of investable capital.

Statistics:

  • $0.1025 per share distribution declared for October 2025.
  • November 3, 2025 is the distribution payment date.
  • October 15, 2025 is the record date for the distribution.
  • $10 billion of investable capital managed by PennantPark Investment Advisers, LLC.
  • 2007 is the year PennantPark Investment Advisers, LLC was founded.

Sources:

  • GlobeNewswire, "PennantPark Floating Rate Capital Ltd. Declares October 2025 Distribution," October 2, 2025.
  • Comtex, "PennantPark Floating Rate Capital Ltd. Declares October Distribution."