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PennantPark Floating Rate Capital Ltd. - $PFLT STOCK NEWS

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

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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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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. declares a monthly distribution of $0.1025 per share for November 2023, payable on December 1, 2023. The distribution will be paid from taxable net investment income. Stockholders of record as of November 16, 2023, will receive the distribution. The Company generates qualified interest income and short-term capital gains that may be exempt from U.S. withholding tax for non-U.S. stockholders.
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Rhea-AI Sentiment
End-of-Day
2.1%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. to report Q4 2023 results
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. declares a monthly distribution of $0.1025 per share for October 2023, payable on November 1, 2023. The distribution is expected to be paid from taxable net investment income.
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Rhea-AI Sentiment
End-of-Day
0.1%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. declares a monthly distribution of $0.1025 per share for September 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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Rhea-AI Summary
PennantPark Floating Rate Capital Ltd. (PFLT) announced its financial results for Q3 2023. Net investment income was $18.5 million, with a per share amount of $0.36. The investment portfolio totaled $1,105.3 million. The GAAP net asset value per share was $10.96, with a quarterly decrease of 1.7%. Purchases of investments amounted to $80.0 million, while sales and repayments totaled $132.4 million.
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End-of-Day
-3.99%
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Rhea-AI Sentiment
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-1.33%
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Rhea-AI Sentiment
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1.03%
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Rhea-AI Sentiment
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-1.12%
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PennantPark Floating Rate Capital Ltd.

NYSE:PFLT

PFLT Rankings

PFLT Stock Data

701.33M
61.63M
1.34%
20.74%
0.9%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
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