PennantPark Investment Corporation (NYSE:PNNT) Q1 2024 Earnings Conference Call February 8, 2024 12:00 PM ET

Company Participants

Art Penn - Chairman & Chief Executive Officer

Rick Allorto - Chief Financial Officer

Conference Call Participants

Mark Hughes - Truist

Robert Dodd - Raymond James

Casey Alexander - Compass Point

Paul Johnson - KBW

Brian McKenna - Citizens JMP

Melissa Wedel - JPMorgan

Operator

Welcome to PennantPark Investment Corporations First Quarter 2024 Earnings Conference Call. Today's conference is being recorded. At this time all participants have been placed in a listen-only mode. The call will be open for a question-and-answer session following the speaker's remarks. [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.

Art Penn

Good afternoon, everyone. I'd like to welcome you to PennantPark Investment Corporation's first fiscal quarter 2024 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.

Rick 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. An audio replay of the call will be available 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 filing with the SEC for important factors that could cause actual results to materially differ 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 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.

Art Penn

Thank you, Rick. We're going to spend a few minutes and comment on the current market environment for private credit, provide a summary of how we fared in the quarter ended December 31; how the portfolio is positioned for upcoming quarters; a detailed review of the financials; and then open it up for Q&A.