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PennantPark Floating Rate Capital Ltd
PennantPark Floating Rate Capital Ltd
Exchange: Nasdaq Global Select
IPO Date: 08/04/2011
CEO: Arthur H. Penn
Asset Management Financial Services 🔗
  • PFLT
    symbol
  • 12.83
    price
  • 497446048
    market cap
  • 0.0699997
    changes
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Old Price $12 Current Price $12

PennantPark Floating Rate Capital Ltd. is a business development company. The Company is a closed-end, externally managed and non-diversified investment company. Its investment objectives 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 loans bearing variable rates of interest, or floating rate loans, and other investments made to the United States middle-market private companies whose debt is rated below investment grade. It has investments in various sectors, including aerospace and defense; consumer services; high technology industries; healthcare and pharmaceuticals; business services; consumer goods: durable; retail; construction and building; hotel, gaming and leisure; consumer goods: non-durable; media: broadcasting and subscription; wholesale, and others. Its investment activities are managed by the investment advisor, PennantPark Investment Advisers, LLC.

Address: 590 Madison Ave Fl 15 New York City NEW YORK

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