Unfortunately, the only thing that will turn 12 in one month, is my 11 year old daughter. market real nervous about .25 % interest rate increase and the effect on resetting the loans outstanding to value. Even though good percent of portfolio has a 6 month turn, vast majority has a 40 month turn plus. Also, look at the .22 cent return with a cash out 31 cent dividend. Can't pay out more than you earn.
Hey beefstu57, you sound like the Doors song, "This is the End My Friend" Don't think so, Long term investors hanging in....those that are looking for primarily growth and not dividends are jumping ship fast. Stay the course.
Wow, this baby is going down hill faster than Lindsay Von. I know that a certain percentage pf PNNT's portfolio is in energy related companies, who's getting more and more bashed than normal. But really, does anyone have a take on the net effect it has to the bottomline? How exposed are they? And is the quarterly scheduled news conference on August 5th when Art Penn heads to the showers?
whats there to say after reading the transcripts from the last Quarters State of the Union address with Wall Street and Institutional investors, Reads like a lot of tap dancing by CMO's Executive Board. IMO
Great, declared the 28 cent divy effective for owners of record as of June 20th. Why is this sinking still....potential for interest rate hikes by the FED and impact on balance sheet for PNNT? Any input appreciated.