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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
SCHEDULE 13G
Under the Securities Exchange Act of 1934
PennantPark Investment Corporation
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(Name of Issuer)
Common Stock, par value $0.001 per share
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(Title of Class of Securities)
708062104
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(CUSIP Number)
April 19, 2007
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|X| Rule 13d-1(b)
|_| Rule 13d-1(c)
|_| Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
PERSONS WHO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE
NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL
NUMBER.
Page 1 of 4
CUSIP No. 708062104
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY).
Alpine Total Dynamic Dividend Fund
20-5785181
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States-DE
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5 SOLE VOTING POWER
1,400,000
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY -----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,400,000
WITH: -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,400,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.0%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IV
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Page 2 of 4
Item 1(a). Name of Issuer:
PennantPark Investment Corporation
(b). Address of Issuer's Principal Executive Offices:
445 Park Avenue, 10th Floor, New York, NY 10022
Item 2(a)-(c). This Statement is filed by:
Alpine Total Dynamic Dividend Fund as the "Reporting Person."
The principal executive office address of Alpine Total Dynamic
Dividend Fund is 2500 Westchester Avenue, Suite 215, Purchase,
New York, 10577. Alpine Total Dividend Fund is a Delaware
statutory trust.
(d). Title of Class of Securities:
Common Stock, par value $0.001 per share
(e). CUSIP Number:
708062104
Item 3. The Reporting Person is:
(d) an investment company registered under section 8 of the
Investment Company Act of 1940
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: See Row 9 for the amount beneficially
owned by the Reporting Person
(b) Percent of class: See Row 11 for the percentage of class
beneficially owned by the Reporting Person. Such percentage is
based on 20,000,000 shares of common stock outstanding as of
April 26, 2007, as reported in Form 8-K.
(c) Number of shares as to which such person has: See Rows 5-8 for
the voting and dispositive power for the Reporting Person
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Page 3 of 4
Item 10. Certifications.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 29, 2008 ALPINE TOTAL DYNAMIC DIVIDEND FUND
By: /s/ Sheldon R. Flamm
-----------------------------------
Sheldon R. Flamm
Vice President and Principal
Financial and Accounting Officer
Page 4 of 4