Is PennantPark Floating Rate Capital Ltd. (PFLA) a Buy, Sell, or Hold?
NYSE : PFLA
PennantPark Floating Rate Capital Ltd.
$25.3 USD
$0 (0.0%)
- Volume
- 1.7K
- Average Volume
- 25.54K
- Market Capitalization
- $2.51B
- P/E Ratio
- Dividend Yield
- %
- Price Target
- Year High
- $27.49
- Year Low
- $24.80
- Day High
- —
- Day Low
- —
- Payout Ratio
- Current Ratio
Company Overview
NYSE
Arthur Howard Penn
Asset Management
Financial Services
PFLA
N/A
US
USD
Liquidity Metrics
Sales & Valuation
-$
Profitability
-$
%
%
%
%
P/E Metrics
Analyst Price Target & Rating
0/5
0 Analysts
%
Financial Health Scores
No financial score data available.
Key Metrics (TTM)
No key metrics data available.
Company Executives
| Name | Title |
|---|---|
| Whitridge Williams Jr. | Partner |
| Brian Kendall | Senior Vice President |
| Adam Katz | MD & General Counsel |
| Ajay Mudambi | VP & Operations Manager |
| Arthur Howard Penn | Founder, Chairman & CEO |
| Gerald Richard Cummins | Chief Compliance Officer |
| Jose A. Briones Jr. | Senior Partner & Director |
| Salvatore Giannetti | Partner |
| Richard Thomas Allorto Jr. | CFO & Treasurer |
| Sarah de la Villa | Director of Human Resources |
Poll Results
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About PennantPark Floating Rate Capital Ltd. (NYSE:PFLA) Stock
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The co ... mpanies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
2 BDCs To Sell Before They Slash Their Dividends
2026-07-12 09:15:02
Business Development Companies face mounting risks as exhausted capital structures and poor dividend coverage threaten payout sustainability. Dividend cuts have become prevalent, with market reactions punishing BDCs regardless of existing discounts to NAV. I prioritize BDCs with well-covered, stable dividends over higher-yielding but riskier peers, favoring income stability and NAV protection.
Frequently Asked Questions
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What is the current PennantPark Floating Rate Capital Ltd. (PFLA) stock price?
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PennantPark Floating Rate Capital Ltd.(NYSE:PFLA) stock price is $25.3 in the last trading session. During the trading session, PFLA stock reached the peak price of $27.49 while $24.8 was the lowest point it dropped to. The percentage change in PFLA stock occurred in the recent session was 0.0% while the dollar amount for the price change in PFLA stock was $0.
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PFLA's industry and sector of operation?
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The NYSE listed PFLA is part of Asset Management industry that operates in the broader Financial Services sector.
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Who are the executives of PFLA?
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Whitridge Williams Jr. | Partner
Brian Kendall | Senior Vice President
Adam Katz | MD & General Counsel
Ajay Mudambi | VP & Operations Manager
Arthur Howard Penn | Founder, Chairman & CEO -
How many employees does PFLA have?
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Number of PFLA employees currently stands at None. PFLA operates from 1691 Michigan Avenue, Miami Beach, FL 33139, US.
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Link for PFLA official website?
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Official Website of PFLA is: https://www.pennantpark.com
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How do I contact PFLA?
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PFLA could be contacted at phone #212-905-1000 and can also be accessed through its website. PFLA operates from 1691 Michigan Avenue, Miami Beach, FL 33139, US.
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How many shares of PFLA are traded daily?
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The average number of PFLA shares traded daily for last 3 months was 25.54K.
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What is the market cap of PFLA currently?
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The market value of PFLA currently stands at $2.51B with its latest stock price at $25.3