NASDAQ: PFLT       Pennantpark Fltng Rt
Last Price Today's Change   Day's Range   Trading Volume
7.80   -0.10 (1.27%)  7.70 - 7.96  233,800


Avg Volume (4 weeks):168,235
4 Weeks Range:7.70 - 8.81
4 Weeks Price Volatility (%):
52 Weeks Range:3.34 - 12.67
52 Weeks Price Volatility (%):
Average Price Target: 15.00
Price Target Upside/Downside: +7.20


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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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