P

PennantPark Floating Rate Capital Ltd
D

PFLT

10.720
USD
0.03
(0.23%)
Market Closed
Volume
38,598
EPS
1
Div Yield
11.52
P/E
8
Market Cap
892,224,485
OverviewSignalsIdeasNews
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Title: PennantPark Floating Rate Capital Ltd

Sector: Financial Services
Industry: Asset Management
PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generate revenue in the form of interest income on the debt securities and dividends.