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…
| Price | $25.05 |
|---|---|
| Market cap | $2.49B |
| Sector | Financial Services |
| Industry | Asset Management |
| Exchange | NYSE |
| 52-week range | 24.66-27.49 |
| Dividend (TTM) | $0.53 per share |
| Beta | 0.77 |
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