Something else investors can appreciate about this relatively unknown monthly high-yielder is the lengths management has gone to protect invested principal. A top-tier vetting process has resulted in only a 2.2% delinquency rate for the company's loan portfolio, at cost. Further, an average investment size of $14.7 million (including common and preferred stock), spread across 159 companies ensures that no single investment is paramount to PennantPark's success or capable of sinking the proverbial ship.