P

PennantPark Floating Rate Capital Ltd
D

PFLT

11.070
USD
0.04
(0.36%)
Market Closed
Volume
29,452
EPS
1
Div Yield
11.14
P/E
7
Market Cap
812,767,282
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News

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.