Company: PNNT
Filing Date: 2025-11-24
Form Type: 10-K
Source: 0001193125-25-293703
Chunk: 52

Company: PENNANTPARK INVESTMENT CORP
Filing Date: 2025-11-24
Form: 10-K
Item: Item 1C
Chunk 52
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     Up 3%

     9,368

     0.14

60

 Although management believes that this measure is indicative of our sensitivity to interest rate changes, it does not adjust for potential changes in the credit market, credit quality, size and composition of the assets on the Consolidated Statements of Assets and Liabilities and other business developments that could affect net increase in net assets resulting from operations, or net investment income. Accordingly, no assurances can be given that actual results would not differ materially from those shown above.Because we borrow money to make investments, our net investment income is dependent upon the difference between the rate at which we borrow funds and the rate at which we invest these funds as well as our level of leverage. As a result, there can be no assurance that a significant change in market interest rates will not have a material adverse effect on our net investment income or net assets.We may hedge against interest rate and foreign currency fluctuations by using standard hedging instruments such as futures, options and forward contracts or our Truist Credit Facility subject to the requirements of the 1940 Act and applicable commodities laws. While hedging activities may insulate us against adverse changes in interest rates and foreign currencies, they may also limit our ability to participate in benefits of lower interest rates or higher exchange rates with respect to our portfolio of investments with fixed interest rates or investments denominated in foreign currencies. During the periods covered by this Report, we did not engage in interest rate hedging activities or foreign currency derivatives hedging activities.

61

Item 8.	Consolidated Financial Statements and Supplementary Data 

     Page

     Management’s Report on Internal Control over Financial Reporting
      
     63

     Report of Independent Registered Public Accounting Firm on Internal Control over Financial Reporting 
      
     64

     Report of Independent Registered Public Accounting Firm (PCAOB ID - 49)
      
     65

     Consolidated Statements of Assets and Liabilities as of September 30, 2025 and 2024
      
     66

     Consolidated Statements of Operations for the years ended September 30, 2025, 2024 and 2023
      
     67

     Consolidated Statements of Changes in Net Assets for the years ended September 30, 2025, 2024 and 2023 
      
     68

     Consolidated Statements of Cash Flows for the years ended September 30, 2025, 2024 and 2023