Pennantpark Investment Corp (NYSE:PNNT) Q3 2022 Earnings Conference Call August 4, 2022 12:00 PM ET

Company Participants

Arthur Penn - Founder, Chairman, Managing Partner & CEO

Richard Allorto - CFO

Conference Call Participants

Paul Johnson - KBW

Robert Dodd - Raymond James & Associates

Mickey Schleien - Ladenburg Thalmann & Co.

Casey Alexander - Compass Point Research & Trading

Melissa Wedel - JPMorgan Chase & Co.

Operator

Good afternoon, and welcome to the PennantPark Investment Corporation's Third Fiscal Quarter 2022 Earnings Conference Call. Today's conference is being recorded. [Operator Instructions]. It is now my pleasure to turn the call over to Mr. Art Penn, Chairman and Chief Executive Officer of PennantPark Investment Corporation. Mr. Penn, you may begin your conference.

Arthur Penn

Good afternoon, everyone. I'd like to welcome you to PennantPark Investment Corporation's Third Fiscal Quarter 2022 Earnings Conference Call. I'm joined today by Rick Allorto, our Chief Financial Officer. Rick, please start off by disclosing some general conference call information and include a discussion about forward-looking statements.

Richard Allorto

Thank you, Art. I'd like to remind everyone that today's call is being recorded. Please note that this call is the property of PennantPark Investment Corporation and that any unauthorized broadcast of this call in any form is strictly prohibited. Audio replay of the call will be available by using the telephone numbers and PIN provided in our earnings press release as well as on our website. I'd also like to call your attention to the customary safe harbor disclosure in our press release regarding forward-looking information. Today's conference call may also include forward-looking statements and projections, and we ask that you refer to our most recent filings with the SEC for important factors that could cause actual results to differ materially from these projections.

We do not undertake to update our forward-looking statements unless required by law. To obtain copies of our latest SEC filings, please visit please visit our website at pennantpark.com or call us at 212-905-1000. At this time, I'd like to turn the call back to our Chairman and Chief Executive Officer, Art Penn.

Arthur Penn

Thanks, Rick. And I'd like to welcome you as the new CFO of our BDCs. We're going to spend a few minutes and comment on our target market environment, provide a summary of how we fared in the quarter ended June 30, how the portfolio is positioned for the upcoming quarters, our capital structure and liquidity, a detailed review of the financials, then open up for Q&A. From an overall perspective in this era of inflation, rising interest rates and geopolitical risk, we believe we are well positioned as a lender focused on the United States, where floating interest rates on our loans can protect against rising interest rates and inflation.