PENNANTPARK INVESTMENT CORPORATION

590 MADISON AVENUE, 15TH FLOOR

NEW YORK, NY 10022

April 12, 2019

VIA EDGAR

United States Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, DC 20549

Attn: John Ganley and Megan Miller

Re: PennantPark Investment Corporation

Registration Statement on Form N-2

File Number 333-230014

Dear Commissioners:

Pursuant to Rule 461 under the Securities Act of 1933, as amended, PennantPark Investment Corporation respectfully requests acceleration of the effective date of its Registration Statement on Form N-2 (Registration No. 333-230014) (the “Registration Statement”) so that such Registration Statement may be declared effective at 4:00 p.m. on April 16, 2019, or as soon as practicable thereafter.

We request that we be notified of such effectiveness by a telephone call to Thomas J. Friedmann of Dechert LLP at (617) 728-7120, and that such effectiveness also be confirmed in writing.

Very truly yours,
PennantPark Investment Corporation
By:	/s/ Aviv Efrat
Name:	Aviv Efrat
Title:	Chief Financial Officer