PennantPark Investment Corporation bonds PNNT
Who owns PennantPark Investment Corporation's debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. PNNT stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 708062AD6 | 4% fixed | 2026-11-01 | USD | 99.42 | 6.30% | 257 bp | 1 | $30.0M | Jul 2026 |
| 708062AE4 | 7% fixed | 2029-02-01 | USD | 100.09 | 6.96% | 272 bp | 1 | $75.1M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 2 | $105.1M | 99.76 | 6.96% | 272 bp | 1 |
| Jun 2026 | 1 | $34.5M | 99.29 | — | — | 5 |
| Apr 2026 | 3 | $148.4M | 100.00 | 6.64% | 282 bp | 2 |
| Mar 2026 | 1 | $9.1M | 98.19 | — | — | 3 |
| Jan 2026 | 3 | $160.8M | 99.34 | 7.25% | 364 bp | 3 |
| Dec 2025 | 1 | $9.1M | 98.16 | — | — | 3 |
| Oct 2025 | 2 | $100.2M | 98.64 | 6.06% | 245 bp | 3 |
| Sep 2025 | 1 | $9.0M | 97.13 | 6.78% | 312 bp | 3 |
| Jul 2025 | 2 | $88.4M | 97.42 | 7.19% | 316 bp | 2 |
| Jun 2025 | 1 | $9.3M | 96.61 | 6.69% | 268 bp | 4 |
| Apr 2025 | 2 | $79.3M | 96.63 | 7.10% | 320 bp | 3 |
| Mar 2025 | 1 | $5.7M | 95.90 | 6.77% | 276 bp | 2 |
| Jan 2025 | 2 | $76.2M | 96.51 | 6.67% | 244 bp | 3 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 1 added, 1 cut, 2 new holders and 1 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Holbrook Income Fund Two Roads Shared Trust | 2026-07-31 | $75.0M | $75.1M | -$37.5M |
| BBH Limited Duration Fund BBH Trust | 2026-07-31 | $30.2M | $30.0M | $2.0M |
| CrossingBridge Low Duration High Income Fund Trust for Professional Managers | 2026-06-30 | $20.9M | $20.8M | new |
| CrossingBridge Ultra-Short Duration Fund Trust for Professional Managers | 2026-06-30 | $4.6M | $4.6M | new |
| First Trust Alternative Opportunities Fund | 2026-06-30 | $4.2M | $4.2M | $0 |
| RiverNorth/DoubleLine Strategic Income Fund RIVERNORTH FUNDS | 2026-06-30 | $3.1M | $3.1M | $0 |
| RiverNorth Opportunities Fund Inc. RIVERNORTH OPPORTUNITIES FUND INC. | 2026-06-30 | $2.0M | $2.0M | $0 |
| BBH Income Fund BBH Trust | 2026-07-31 | $0 | $0 | -$7.7M |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): BBH Income Fund ($7.7M).
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 272 bp spread prices in about 4.5% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Not available.
The stock side: 13F filings
What institutions report holding in PNNT's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 4 | $321K | 0 | — | 0 | — | 0 |
| 2026-06-30 | 97 | $38.7M | 3 | $121K | 0 | — | 0 |
| 2026-03-31 | 99 | $44.9M | 1 | $1.3M | 1 | $48K | 0 |
| 2025-12-31 | 113 | $64.7M | 1 | $11K | 2 | $744K | 0 |
| 2025-09-30 | 109 | $83.7M | 0 | — | 3 | $833K | 0 |
| 2025-06-30 | 109 | $88.4M | 3 | $306K | 4 | $1.4M | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.