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PennantPark Floating Rate Capital Ltd - Stock Quote PFLT

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Morningstar's PennantPark Floating Rate Capital Ltd Stock Analysis

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1-Star Price

PREMIUM

5-Star Price

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Economic Moat

PREMIUM

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PennantPark Floating Rate Capital Ltd's Company Profile

Business Description

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.

Contact
590 Madison Avenue, 15th Floor
New York, NY, 10022
T +1 212 905-1000
Sector Financial Services
Industry Asset Management
Most Recent Earnings Mar 31, 2022
Fiscal Year End Sep 30, 2022
Stock Type High Yield
Employees