Skip to content

Pennant Investment PNNT Incentive Fee Expense

Incentive Fee Expense at other companies

FS KKR Capital Corp. logo
FS KKR Capital Corp.FSK
$25M-35.9%
Blue Owl Capital logo
Blue Owl CapitalOBDC
$32.41M-21.0%
Barings BDC logo
Barings BDCBBDC
$4.72M-39.0%
MidCap Financial Investment Corporation logo
MidCap Financial Investment CorporationMFIC
$0-100%
Bain Capital Specialty Finance logo
Bain Capital Specialty FinanceBCSF
$5.62M+153%
Goldman Sachs BDC logo
Goldman Sachs BDCGSBD
$12.44M+82.8%

Other financials

Income statement

See full
Net income-$2.3M-125%

Balance sheet

See full
Cash & equivalents$29.7M-8.7%
Total equity$439.2M-10.0%
Total assets$1.3B0.0%

Cash flow

See full
Operating cash flow$36.4M-74.4%

Valuation

See full
Market cap$226.58M-49.2%
P/E15.3×+6.8×

Returns & leverage

See full
Return on equity3.2%-6.4pp

Where this comes from

Reported directly by Pennant Investment in its filing.

Tagged under the XBRL concept us-gaap:IncentiveFeeExpense.

The official record: Pennant Investment’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Pennant Investment's incentive fee expense.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Pennant Investment's incentive fee expense?
Pennant Investment (PNNT) reported incentive fee expense of $1.98M in Q1 2026.
How has Pennant Investment's incentive fee expense changed year-over-year?
Pennant Investment's incentive fee expense decreased by 18.3% year-over-year, from $2.43M to $1.98M.
What is the long-term trend for Pennant Investment's incentive fee expense?
Over 3 years (2021 to 2025), Pennant Investment's incentive fee expense has grown at a 157.1% compound annual growth rate (CAGR), from $575K to $9.77M.
What does incentive fee expense mean?
Represents performance-based compensation paid to the investment advisor, typically triggered when investment returns exceed specific hurdle rates. This aligns the interests of the manager with those of the shareholders by rewarding superior capital appreciation and income generation. It is a key component of the total cost structure for BDCs and closed-end funds.