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Pennantpark Floating Rate Capital Ltd (PFLT) USD0.001

Sell:$11.31 Buy:$11.39 Change: $0.12 (1.07%)
Market closed |  Prices as at close on 19 April 2024 | Switch to live prices |
Ex-dividend
Sell:$11.31
Buy:$11.39
Change: $0.12 (1.07%)
Market closed |  Prices as at close on 19 April 2024 | Switch to live prices |
Ex-dividend
Sell:$11.31
Buy:$11.39
Change: $0.12 (1.07%)
Market closed |  Prices as at close on 19 April 2024 | Switch to live prices |
Ex-dividend
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

PennantPark Floating Rate Capital Ltd. is a closed-end, externally managed, non-diversified investment company. The investment objectives of the Company are to generate both current income and capital appreciation while seeking to preserve capital. It seeks to achieve its investment objective by investing primarily in floating rate loans, and other investments made to United States middle-market private companies whose debt is rated below investment grade. The Company generally expect to invest up to 35% of its overall portfolio opportunistically in other types of investments, including second lien secured debt, subordinated debt, and, to a lesser extent, equity investments. The Company’s debt investments may generally range in maturity from three to ten years and are made to United States and, to a limited extent, non-United States corporations, partnerships and other business entities which operate in various industries and geographical regions.

Contact details

Address:
590 Madison Avenue, 15tH FLOOR
NEW YORK
10022
United States
Telephone:
+1 (212) 9051000
Website:
https://www.pennantpark.com/funds/pflt/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
PFLT
ISIN:
US70806A1060
Market cap:
$684.69 million
Shares in issue:
61.63 million
Sector:
Asset Management & Custody Banks
Exchange:
-
Country:
United States
Currency:
US dollar
Indices:
n/a

Key personnel


Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.