v3.26.1
Investments - Schedule of Investments by Industry Classification and Enumerates Percentage, by Fair Value, of Total Portfolio Assets Excluding Cash and Cash Equivalents (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Sep. 30, 2025
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost $ 1,222,322 [1],[2],[3],[4] $ 1,236,888 [5],[6],[7],[8],[9]
Fair Value $ 1,203,513 [1],[2],[3],[4],[10] $ 1,287,273 [5],[6],[7],[8],[9]
Net Asset Value Percentage (184.20%) (188.60%)
Investment Unaffiliated Issuer [Member]    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost $ 844,537 [3],[4] $ 853,416 [8],[9]
Fair Value $ 848,177 [3],[4],[10] $ 857,415 [8],[9],[11]
Net Asset Value Percentage 193.10% [3],[4] 184.80%
Short-Term U.S. Government Securities    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 209,462 $ 124,809 [13]
Fair Value [12] $ 209,427 $ 124,788 [13]
Fair Value Percentage [12] 21.00% 12.00% [13]
Net Asset Value Percentage [12] 48.00% 27.00% [13]
Healthcare, Education and Childcare    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 120,903 $ 128,969 [13]
Fair Value [12] $ 171,921 $ 168,000 [13]
Fair Value Percentage [12] 17.00% 16.00% [13]
Net Asset Value Percentage [12] 39.00% 36.00% [13]
Business Services    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 154,653 $ 195,614 [13]
Fair Value [12] $ 134,049 $ 184,452 [13]
Fair Value Percentage [12] 13.00% 17.00% [13]
Net Asset Value Percentage [12] 31.00% 40.00% [13]
Financial Services    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 77,983 $ 70,403 [13]
Fair Value [12] $ 77,215 $ 68,959 [13]
Fair Value Percentage [12] 8.00% 6.00% [13]
Net Asset Value Percentage [12] 18.00% 15.00% [13]
Distribution    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 36,593 $ 57,352 [13]
Fair Value [12] $ 46,086 $ 130,850 [13]
Fair Value Percentage [12] 5.00% 12.00% [13]
Net Asset Value Percentage [12] 10.00% 28.00% [13]
Consumer Products    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 41,563 $ 53,746 [13]
Fair Value [12] $ 33,878 $ 49,414 [13]
Fair Value Percentage [12] 3.00% 5.00% [13]
Net Asset Value Percentage [12] 8.00% 11.00% [13]
Auto Sector    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 40,828 $ 26,621 [13]
Fair Value [12] $ 38,350 $ 27,826 [13]
Fair Value Percentage [12] 4.00% 2.00% [13]
Net Asset Value Percentage [12] 9.00% 6.00% [13]
Aerospace and Defense    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 20,028 $ 39,513 [13]
Fair Value [12] $ 38,288 $ 47,113 [13]
Fair Value Percentage [12] 4.00% 4.00% [13]
Net Asset Value Percentage [12] 9.00% 10.00% [13]
Environmental Services    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 63,048 $ 61,588 [13]
Fair Value [12] $ 27,334 $ 31,238 [13]
Fair Value Percentage [12] 3.00% 3.00% [13]
Net Asset Value Percentage [12] 6.00% 7.00% [13]
Gaming    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 24,101 $ 22,853 [13]
Fair Value [12] $ 24,269 $ 23,151 [13]
Fair Value Percentage [12] 2.00% 2.00% [13]
Net Asset Value Percentage [12] 6.00% 5.00% [13]
Media    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 37,606 $ 17,477 [13]
Fair Value [12] $ 36,342 $ 17,434 [13]
Fair Value Percentage [12] 4.00% 2.00% [13]
Net Asset Value Percentage [12] 8.00% 4.00% [13]
Diversified Conglomerate Service    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 22,761 $ 17,268 [13]
Fair Value [12] $ 22,181 $ 16,416 [13]
Fair Value Percentage [12] 2.00% 1.00% [13]
Net Asset Value Percentage [12] 5.00% 4.00% [13]
Consumer Services    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 19,991 $ 19,067 [13]
Fair Value [12] $ 19,749 $ 19,319 [13]
Fair Value Percentage [12] 2.00% 2.00% [13]
Net Asset Value Percentage [12] 4.00% 4.00% [13]
Personal, Food and Miscellaneous Services    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 16,316 $ 16,207 [13]
Fair Value [12] $ 19,403 $ 18,769 [13]
Fair Value Percentage [12] 2.00% 2.00% [13]
Net Asset Value Percentage [12] 4.00% 4.00% [13]
Manufacturing / Basic Industries    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 15,269 $ 42,601 [13]
Fair Value [12] $ 15,902 $ 43,067 [13]
Fair Value Percentage [12] 2.00% 4.00% [13]
Net Asset Value Percentage [12] 4.00% 9.00% [13]
Telecommunications    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 9,085 $ 22,305 [13]
Fair Value [12] $ 9,648 $ 13,695 [13]
Fair Value Percentage [12] 1.00% 1.00% [13]
Net Asset Value Percentage [12] 2.00% 3.00% [13]
Chemicals, Plastics and Rubber    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 15,473 $ 15,237 [13]
Fair Value [12] $ 12,919 $ 12,240 [13]
Fair Value Percentage [12] 1.00% 1.00% [13]
Net Asset Value Percentage [12] 3.00% 3.00% [13]
Buildings and Real Estate    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 13,637 $ 12,546 [13]
Fair Value [12] $ 13,688 $ 12,495 [13]
Fair Value Percentage [12] 1.00% 1.00% [13]
Net Asset Value Percentage [12] 3.00% 3.00% [13]
Machinery    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 3,325 $ 1,645 [13]
Fair Value [12] $ 4,757 $ 3,083 [13]
Fair Value Percentage [12] 0.00% 0.00% [13]
Net Asset Value Percentage [12] 1.00% 1.00% [13]
Home and Office Furnishings, Housewares and Durable Consumer Products    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 7,218 $ 9,258 [13]
Fair Value [12] $ 9,009 $ 9,723 [13]
Fair Value Percentage [12] 1.00% 1.00% [13]
Net Asset Value Percentage [12] 2.00% 2.00% [13]
All Other    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 26,210 $ 48,481 [13]
Fair Value [12] $ 25,720 $ 51,622 [13]
Fair Value Percentage [12] 2.00% 6.00% [13]
Net Asset Value Percentage [12] 6.00% 11.00% [13]
Total Industry [Member]    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 999,677 $ 1,014,243
Fair Value [12] $ 1,009,318 $ 1,079,473
Fair Value Percentage [12] 100.00% 100.00%
Net Asset Value Percentage [12] 231.00% 234.00%
Transportation    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 12,530 $ 9,787 [13]
Fair Value [12] $ 7,646 $ 4,655 [13]
Fair Value Percentage [12] 1.00% 0.00% [13]
Net Asset Value Percentage [12] 2.00% 1.00% [13]
Government Services    
Schedule Of Investment Income Reported Amounts By Category [Line Items]    
Cost [12] $ 11,094 $ 896 [13]
Fair Value [12] $ 11,537 $ 1,164 [13]
Fair Value Percentage [12] 1.00% 0.00% [13]
Net Asset Value Percentage [12] 3.00% 0.00% [13]
[1] All investments are in US Companies unless noted otherwise. Total cost, fair value, and percentage of Net Assets for the U.S. Companies were $1,168.3 million, $1,100.9 million, and 250.6%
[2] All of our investments are not registered under the 1933 Act and have restrictions on resale.
[3] The provisions of the 1940 Act classify investments based on the level of control that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally presumed to be “non-controlled” when we own 25% or less of the portfolio company’s voting securities and “controlled” when we own more than 25% of the portfolio company’s voting securities.
[4] The provisions of the 1940 Act classify investments further based on the level of ownership that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally deemed as “non-affiliated” when we own less than 5% of a portfolio company’s voting securities and “affiliated” when we own 5% or more of a portfolio company’s voting securities (See Note 6).
[5] All investments are in US Companies unless noted otherwise. Total cost, fair value, and percentage of Net Assets for the U.S. Companies were $1,181.8 million, $1,198.6 million, and 258.4%
[6] All of our investments are not registered under the 1933 Act and have restrictions on resale.
[7] Non-income producing securities.
[8] The provisions of the 1940 Act classify investments based on the level of control that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally presumed to be “non-controlled” when we own 25% or less of the portfolio company’s voting securities and “controlled” when we own more than 25% of the portfolio company’s voting securities.
[9] The provisions of the 1940 Act classify investments further based on the level of ownership that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally deemed as “non-affiliated” when we own less than 5% of a portfolio company’s voting securities and “affiliated” when we own 5% or more of a portfolio company’s voting securities (See Note 6).
[10] Valued based on our accounting policy (See Note 2).
[11] Valued based on our accounting policy (See Note 2).
[12] Excludes investments in PSLF.
[13] The securities, or a portion thereof, are not 1) pledge as collateral under the Credit Facility and held through Funding I; or, 2) securing the 2034 Asset-Backed Debt and held through PennantPark CLOIV, LLC, or 3) securing the 2035 Asset-Backed Debt and held through PennantPark CLO VII, LLC, or 4) securing the 2037 Asset-Backed Debt and held through PennantPark CLO X, LLC.
(7)
Represents the purchase of a security with delayed settlement or a revolving line of credit that is currently an unfunded investment. This security does not earn a basis point spread above an index while it is unfunded.