PennantPark Floating Rate Capital Ltd
PFLT
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 both 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 generates revenue in the form of interest income on the debt securities and dividends.
Contact
1691 Michigan Avenue
Miami BeachFL33139
USAT: +1 786 297-9500
Sector
Financial Services
Stock type
Cyclical
Industry
Asset Management
Fiscal Year End
30 September 2027
Employees
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