PennantPark Floating Rate CapitalPFLT
PFLT
About: 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. The company generate revenue in the form of interest income on the debt securities and dividends.
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3,497% more call options, than puts
Call options by funds: $1.4M | Put options by funds: $39K
1% more capital invested
Capital invested by funds: $186M [Q2] → $187M (+$1.69M) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 33
2.57% less ownership
Funds ownership: 25.15% [Q2] → 22.58% (-2.57%) [Q3]
8% less funds holding
Funds holding: 111 [Q2] → 102 (-9) [Q3]
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
Research analyst outlook
We haven’t received any recent analyst ratings for PFLT.
Financial journalist opinion
Based on 9 articles about PFLT published over the past 30 days
Neutral
The Motley Fool
1 week ago
Want an Extra $1,000 of Dividend Income in 2025? Invest $11,750 in These 3 Ultra-High-Yield Stocks
The past couple of years have been great for the overall stock market, but there is a downside. When stock prices go up, dividend yields decline.
Positive
The Motley Fool
2 weeks ago
Want $200 in Super-Safe Monthly Dividend Income in 2025? Invest $22,050 Into the Following 3 Ultra-High-Yield Stocks.
One of the best aspects of putting your money to work on Wall Street is there's no one-size-fits-all blueprint for success. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, there's likely to be one or more stocks that can help you meet your investment goals.
Positive
Seeking Alpha
2 weeks ago
PennantPark Floating Rate Capital: Improved Portfolio Quality And Discounted Valuation
I maintain my buy rating on PFLT due to its improved non-accrual rate, prioritization of new investments, and slightly improved dividend coverage. PennantPark Floating Rate Capital's current dividend yield is 11.1%, but negative returns and high debt levels have impacted its attractiveness compared to peers. The price trades at a slight discount to NAV, offering a potential upside of 6.8%, supported by improving portfolio metrics and a high rate of capital allocated towards new investments.
Positive
24/7 Wall Street
2 weeks ago
4 Superstar Ultra-High-Yield Dividend Buy-Rated Stocks Trading Under $15
Investors love dividend stocks, especially the ultra-high-yield variety because they offer a significant income stream and have massive total return potential.
Neutral
GlobeNewsWire
2 weeks ago
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2025 Results
MIAMI, Jan. 08, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that it will report results for the first fiscal quarter ended December 31, 2024 on Monday, February 10, 2025 after the close of the financial markets.
Neutral
GlobeNewsWire
3 weeks ago
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
MIAMI, Jan. 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for January 2025 of $0.1025 per share, payable on February 3, 2025 to stockholders of record as of January 15, 2025. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
Positive
The Motley Fool
3 weeks ago
3 Ultra-High-Yield Dividend Stocks That Are Screaming Buys in 2025
When the closing bell rang on Dec. 31, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite had delivered respective returns of 13%, 23%, and 29% in 2024. The icing on the cake is that all three indexes achieved multiple record-closing highs.
Positive
The Motley Fool
3 weeks ago
Want $500 of Reliable Dividend Income in 2025? Invest $5,040 in These 3 Ultra-High-Yield Stocks.
It's been a great couple of years for investors holding U.S. equities. From the end of 2022 through Dec. 27, the benchmark S&P 500 index soared 55.5%.
Positive
The Motley Fool
4 weeks ago
Want $300 in Super-Safe Dividend Income in 2025? Invest $3,730 Into the Following 3 Ultra-High-Yield Stocks.
One of the greatest aspects of Wall Street is that there are countless ways to make money. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, there's likely to be one or more securities that can help you reach your financial goal.
Neutral
GlobeNewsWire
1 month ago
PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $736 Million
MIAMI, Dec. 26, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) announced that it has upsized its credit facility, led by Truist Bank (the “Credit Facility”) to $736 million from $636 million. Pricing on this facility remained unchanged at SOFR plus 225 basis points.
Charts implemented using Lightweight Charts™