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Pennantpark Floating Rate Cap Stock Price, News & Analysis

PFLT Nasdaq

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

PennantPark Floating Rate Capital Ltd (NYSE: PFLT) provides investors with floating rate loan solutions for U.S. middle-market companies. This news hub delivers timely updates on corporate developments, financial performance, and strategic initiatives critical to understanding the company's market position.

Access official press releases, earnings announcements, and expert analyses in one centralized location. Track updates on portfolio investments, risk management practices, and dividend-related news essential for evaluating PFLT's income-focused strategy.

The curated collection includes:
- Quarterly financial results and SEC filings
- Strategic partnerships and debt offerings
- Market commentary on floating rate instruments
- Leadership updates and governance changes

Bookmark this page for direct access to verified information from PennantPark Floating Rate Capital Ltd, maintained for clarity and investor relevance. Check regularly for new developments impacting middle-market finance and income-focused investment strategies.

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PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) announced a monthly distribution of $0.095 per share for June 2021, payable on July 1, 2021, to stockholders on record as of June 17, 2021. This distribution will stem from taxable net investment income. The company operates as a regulated investment company, generating qualified interest income that may be exempt from U.S. withholding tax for non-U.S. stockholders. Comprehensive details about tax characteristics will be provided to stakeholders via Form 1099 after the calendar year.

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PennantPark Floating Rate Capital Ltd. (PFLT) reported its second fiscal quarter results for the period ending March 31, 2021. The company’s investment portfolio totaled $1,069.1 million, with net assets of $493.0 million. The GAAP net asset value per share increased by 0.1% to $12.71, while the adjusted net asset value per share rose by 2.3% to $12.60. Net investment income stood at $9.9 million, or $0.26 per share. The company declared distributions of $0.285 per share for the quarter. Overall, PFLT saw improvements in portfolio performance with net unrealized appreciation of $4.7 million.

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PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) announced a monthly distribution of $0.095 per share for May 2021, payable on June 1, 2021, to stockholders recorded by May 17, 2021. Payments will be sourced from taxable net investment income, with tax characteristics disclosed on Form 1099 at year-end. As a regulated investment company, distributions may be exempt from U.S. withholding tax for non-U.S. stockholders. PennantPark primarily invests in U.S. middle-market private companies through floating rate loans and occasionally equity investments.

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PennantPark Floating Rate Capital Ltd. (PFLT) will report its financial results for the second fiscal quarter ending March 31, 2021, on May 5, 2021, post-market close. A conference call is scheduled for May 6, 2021, at 9:00 a.m. ET for discussion of these results. PennantPark Floating Rate Capital focuses on investing in U.S. middle-market private companies through floating rate senior secured loans. Managed by PennantPark Investment Advisers, LLC, which oversees $4.3 billion in capital, the company emphasizes flexible financing solutions for its borrowers.

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PennantPark Floating Rate Capital Ltd. (PFLT) has announced a monthly distribution of $0.095 per share for April 2021, payable on May 3, 2021. Stockholders of record by April 15, 2021 will receive this payment from taxable net investment income. As a regulated investment company (RIC), PFLT's distributions may be exempt from U.S. withholding tax for non-U.S. stockholders with proper documentation. The company primarily invests in U.S. middle-market private companies through floating rate senior secured loans.

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PennantPark Floating Rate Capital Ltd. has announced a public offering of $100 million in 4.25% unsecured notes due 2026, set to close on March 23, 2021. The notes mature on April 1, 2026, and can be redeemed at par plus a make-whole premium before maturity. Proceeds from the offering will be used to reduce credit facility obligations, invest in portfolio companies, or for general corporate purposes. Goldman Sachs, Keefe Bruyette & Woods, and Truist Securities are managing the offering. Investors should review risk information in the filed documents before investing.

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PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) has announced a monthly distribution of $0.095 per share for March 2021, payable on April 1, 2021. Stockholders recorded as of March 18, 2021 will receive this distribution, which is derived from taxable net investment income. As a regulated investment company, PFLT can distribute interest-related dividends that may be exempt from U.S. withholding tax for non-U.S. stockholders. More tax information will be provided on Form 1099 at year-end and on the company’s website.

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PennantPark Floating Rate Capital Ltd. (PFLT) reported its financial results for Q1 of FY 2021, ending December 31, 2020. The company achieved a net asset value per share of $12.70, a 3.2% increase, while adjusted NAV rose 4.3% to $12.32. Net investment income was $10.1 million ($0.26 per share), a decline from $11.1 million in the previous year. The investment portfolio was valued at $1,067.3 million, with 7.5% yield on debt investments. The company declared distributions of $0.285 per share. A conference call is scheduled for February 10, 2021.

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PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) announced the closure of a $300.7 million collateralized loan obligation (CLO) via its subsidiary, PennantPark Senior Secured Loan Fund I, LLC. This 11-year CLO features a three-year reinvestment period and aims to enhance returns while tapping into low-cost, long-term financing. The proceeds will partially repay a $325 million secured credit facility. The transaction is approximately 95% funded at close, indicating strong investor confidence.

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PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) announced it will report its first fiscal quarter results for the period ending December 31, 2020, on February 9, 2021, after market close. A conference call is scheduled for February 10 at 10:00 a.m. ET, accessible via toll-free numbers for domestic and international callers. The company primarily invests in floating rate senior secured loans to U.S. middle-market private companies and is managed by PennantPark Investment Advisers, LLC, which oversees approximately $3.5 billion in assets.

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FAQ

What is the current stock price of Pennantpark Floating Rate Cap (PFLT)?

The current stock price of Pennantpark Floating Rate Cap (PFLT) is $10.55 as of July 3, 2025.

What is the market cap of Pennantpark Floating Rate Cap (PFLT)?

The market cap of Pennantpark Floating Rate Cap (PFLT) is approximately 1.0B.
Pennantpark Floating Rate Cap

Nasdaq:PFLT

PFLT Rankings

PFLT Stock Data

1.01B
98.35M
0.96%
21.67%
0.49%
Asset Management
Financial Services
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United States
NEW YORK