PennantPark Floating Rate Capital Ltd. - Common Stock (PFLT)

Frequently Asked Questions About PennantPark Floating Rate Capital Ltd. - Common Stock (PFLT)

How does interest rate fluctuations impact PennantPark Floating Rate Capital Ltd.?

Interest rate fluctuations significantly impact PennantPark Floating Rate Capital Ltd. since a large portion of its income comes from floating-rate loans. Rising interest rates can enhance income, while falling rates could compress earnings, making interest rate trends critical to its performance.

How does PennantPark Floating Rate Capital Ltd. generate income?

The company generates income primarily through the interest earned on its floating-rate loans and other debt securities. The structure of these investments allows the company to adjust its interest earnings with market rate changes.

How often does PennantPark Floating Rate Capital Ltd. report its financial results?

PennantPark Floating Rate Capital Ltd. is required to report its financial results quarterly and annually, adhering to the regulatory requirements set forth by the SEC. This includes filing Form 10-Q for quarterly results and Form 10-K for annual results.

Is PennantPark Floating Rate Capital Ltd. suitable for retirement accounts?

PennantPark Floating Rate Capital Ltd. may be suitable for retirement accounts, particularly for income-focused investors seeking regular cash distributions through dividends. However, investors should assess their risk tolerance and financial goals before including such stocks in retirement portfolios.

On which stock exchange is PennantPark Floating Rate Capital Ltd. listed?

PennantPark Floating Rate Capital Ltd. is listed on the New York Stock Exchange (NYSE) under the ticker symbol PFLT.

What are floating-rate loans?

Floating-rate loans are loans that have interest rates that can change over time, typically in line with a benchmark rate such as LIBOR or SOFR (Secured Overnight Financing Rate). This allows investors to benefit from rising interest rates, which can enhance income from these loans.

What are the tax considerations for investing in PennantPark Floating Rate Capital Ltd.?

Investors in PennantPark Floating Rate Capital Ltd. should consider the tax implications, as the company is structured as a regulated investment company (RIC) and typically passes a significant portion of its income to shareholders as dividends, which may be taxable at ordinary income rates.

What does PennantPark Floating Rate Capital Ltd. do?

PennantPark Floating Rate Capital Ltd. is a business development company that focuses on investing in floating-rate loans primarily to middle-market companies. The company aims to provide a high level of current income, with a secondary focus on capital appreciation, through diversified investments in loans, structured debt, and other income-producing securities.

What is the dividend policy of PennantPark Floating Rate Capital Ltd.?

PennantPark Floating Rate Capital Ltd. typically pays monthly dividends to its shareholders, which is a key aspect of its appeal to income-focused investors. The dividends are derived from the interest income generated by its portfolio.

What is the geographic focus of PennantPark Floating Rate Capital Ltd.'s investments?

While PennantPark Floating Rate Capital Ltd. primarily focuses on middle-market companies in the United States, it may also explore opportunities in select international markets depending on investment strategy and market conditions.

What is the investment strategy of PennantPark Floating Rate Capital Ltd.?

The investment strategy of PennantPark Floating Rate Capital Ltd. involves primarily investing in floating-rate loans, structured debt, and equity investments in attractive mid-sized companies, focusing on those that exhibit solid operational performance and growth potential.

What is the market capitalization of PennantPark Floating Rate Capital Ltd.?

The market capitalization of PennantPark Floating Rate Capital Ltd. varies due to fluctuations in share price and market conditions. As of recent reports, it has generally remained within the range typical for business development companies.

What risks are associated with investing in PennantPark Floating Rate Capital Ltd.?

Investing in PennantPark Floating Rate Capital Ltd. comes with various risks, including credit risk, interest rate risk, and market risk. Additionally, the performance of middle-market companies can be affected by changes in economic conditions and business cycles.

What should investors know about the liquidity of PennantPark Floating Rate Capital Ltd.'s shares?

Shares of PennantPark Floating Rate Capital Ltd. trade on the NYSE, which typically provides a reasonable level of liquidity for investors. However, like other BDCs, supply and demand dynamics can lead to share price volatility.

What types of companies do PennantPark's investments target?

PennantPark typically targets middle-market companies across various industries, including healthcare, technology, consumer, and business services. These companies often have stable earnings and are poised for growth.

What was the initial public offering (IPO) date of PennantPark Floating Rate Capital Ltd.?

PennantPark Floating Rate Capital Ltd. went public on July 14, 2010. The IPO marked its entry into the public markets, allowing it to raise capital for its investment activities.

When was PennantPark Floating Rate Capital Ltd. founded?

PennantPark Floating Rate Capital Ltd. was founded in 2010. It was established to provide capital to middle-market companies, which often face challenges in accessing traditional forms of financing.

Who are the main competitors of PennantPark Floating Rate Capital Ltd.?

PennantPark Floating Rate Capital Ltd. competes with other business development companies (BDCs), private equity firms, and traditional banks that also invest in middle-market financing. Notable competitors include Hercules Capital, Ares Capital, and KKR.

Who manages PennantPark Floating Rate Capital Ltd.?

PennantPark Floating Rate Capital Ltd. is managed by PennantPark Investment Advisers, LLC, which is an affiliate of PennantPark, a firm that specializes in middle-market investments and asset management.

What is the current price of PennantPark Floating Rate Capital Ltd. - Common Stock?

The current price of PennantPark Floating Rate Capital Ltd. - Common Stock is 8.970

When was PennantPark Floating Rate Capital Ltd. - Common Stock last traded?

The last trade of PennantPark Floating Rate Capital Ltd. - Common Stock was at 11:05 am EDT on October 3rd, 2025

What is the market capitalization of PennantPark Floating Rate Capital Ltd. - Common Stock?

The market capitalization of PennantPark Floating Rate Capital Ltd. - Common Stock is 446.09M

How many shares of PennantPark Floating Rate Capital Ltd. - Common Stock are outstanding?

PennantPark Floating Rate Capital Ltd. - Common Stock has 49.73M shares outstanding.