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PennantPark Floating Rate Capital Ltd - PFLT STOCK NEWS

Welcome to our dedicated news page for PennantPark Floating Rate Capital (Ticker: PFLT), a resource for investors and traders seeking the latest updates and insights on PennantPark Floating Rate Capital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PennantPark Floating Rate Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PennantPark Floating Rate Capital's position in the market.

Rhea-AI Summary
PennantPark Floating Rate Capital will announce its second fiscal quarter results on May 8, 2024, followed by a conference call on May 9, 2024. Interested parties can join the call to discuss the financial outcomes.
Rhea-AI Impact
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End-of-Day
-0.45%
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Rhea-AI Summary
PennantPark Floating Rate Capital (PFLT) declares a monthly distribution of $0.1025 per share for April 2024, payable on May 1, 2024. The distribution is expected to be paid from taxable net investment income, with specific tax characteristics to be reported later. The Company, a regulated investment company, generates qualified interest income and short-term capital gains, potentially exempt from U.S. withholding tax for non-U.S. stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. (PFLT) declares a monthly distribution for March 2024 of $0.1025 per share, payable on April 1, 2024. The distribution is expected to be paid from taxable net investment income, with specific tax characteristics to be reported to stockholders. The company, operating as a regulated investment company, generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax for non-U.S. stockholders.
Rhea-AI Impact
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End-of-Day
-1.4%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. completed a $350.55 million term debt securitization transaction with a four-year reinvestment period and twelve-year final maturity in the form of a CLO. The debt issued is structured with various classes, offering different coupon rates and ratings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. (PFLT) reported financial results for the first quarter ended December 31, 2023, with highlights including a net asset value per share of $11.20, a 0.6% quarterly increase in GAAP net asset value per share, and net investment income of $19.4 million. The company's portfolio activity, liquidity, and capital resources are also detailed in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. (PFLT) declares a monthly distribution of $0.1025 per share for February 2024, payable on March 1, 2024. The distribution is expected to be paid from taxable net investment income, with specific tax characteristics to be reported to stockholders on Form 1099 after the end of the calendar year. The company, operating as a regulated investment company, generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders.
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE:PFLT) will report first fiscal quarter results on February 7, 2024, followed by a conference call on February 8, 2024. Interested parties can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. (PFLT) declares a monthly distribution for January 2024 of $0.1025 per share, payable on February 1, 2024. The distribution is expected to be paid from taxable net investment income. The Company operates as a regulated investment company ('RIC') and generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) declares a monthly distribution for December 2023 of $0.1025 per share, payable on January 2, 2024, to stockholders of record as of December 18, 2023. The distribution is expected to be paid from taxable net investment income. The Company, a regulated investment company, generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax when distributed to non-U.S. stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced financial results for the fourth quarter and fiscal year ended September 30, 2023, showcasing strong performance, with an increase in net asset value and net investment income. The company's portfolio totaled $1,067.2 million and consisted of $906.2 million of first lien secured debt, $0.1 million of second lien secured debt, and $160.9 million of preferred and common equity. The weighted average yield on debt investments was 12.6%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
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PennantPark Floating Rate Capital Ltd

NYSE:PFLT

PFLT Rankings

PFLT Stock Data

687.77M
1.34%
20.74%
0.9%
Securities and Commodity Exchanges
Finance and Insurance
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New York

About PFLT

pennantpark investment advisers is a leader in providing middle-market companies with creative and flexible capital solutions across the capital structure. its staff of 35 is headquartered in new york city, with offices in chicago, los angeles, houston, and london. founded in 2007, pennantpark today manages approximately $2.1 billion across publicly-listed business development companies (pennantpark investment corporation - "pnnt"; pennantpark floating rate capital ltd. - “pflt”), and private vehicles for institutional limited partners, including the pennantpark credit opportunities fund ii, lp - "pcof ii" and multiple managed accounts and co-investment vehicles. led by founder arthur penn, pennantpark's senior team has deep individual experience and a long history of working together. from inception to december 31, 2016, they have invested over $5.7 billion into 482 transactions across a range of industries including business services, consumer products, distribution, manufacturing/ba