Highlights
NASDAQ: PFLT       Pennantpark Fltng Rt
Last Price Today's Change   Day's Range   Trading Volume
12.25   +0.05 (0.41%)  12.196 - 12.28  232,700

Overview

 
Avg Volume (4 weeks):149,611
4 Weeks Range:12.14 - 12.41
4 Weeks Price Volatility (%):
40.74%
52 Weeks Range:11.14 - 13.42
52 Weeks Price Volatility (%):
48.68%
Average Price Target: 15.00
Price Target Upside/Downside: +2.75

Headlines



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Business Background

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 a limited amount of capital available for such companies and the potential for rising interest rates. It uses the term middle-market to refer to companies with annual revenues between $50 million and $1 billion.

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