Company Data
PennantPark Floating Rate Capital Ltd.
Ticker
PFLT
Current Price
$10.24 0.1%
Market Cap
$1.0B
Price Target
Refer to Report
Volume
680.3K
52wk Range
$8.82 - $12.02
Overview
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 a limited amount of capital available for such companies and the potential for rising interest rates.