PennantPark Floating Rate Capital Ltd. (PFLT)
NYSE
PFLT price, last 12 months
Key stats
- Previous close
- $7.00
- Open
- $7.13
- Day range
- $6.95 – $7.13
- 52-week range
- $6.83 – $9.75
- Volume
- 506.7K
- Avg volume (20 days)
- 714.2K
- Market cap
- $693.5M
Performance
Technicals and fundamentals
About PennantPark Floating Rate Capital Ltd.
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.
- Listed on
- NYSE
- Market cap
- $693.5M