Pennantpark Floating Rate Capital (PFLT)

Pennantpark Floating Rate Capital (PFLT) — Recent Articles & Press Releases:

Wed, Apr 3, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2024 Results
Tue, Apr 2, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Wed, Mar 13, 10:08 AM:
Ex-Div Reminder for Pennantpark Floating Rate Capital (PFLT)
Mon, Mar 4, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Thu, Feb 22, 4:58 PM:
PennantPark Floating Rate Capital Ltd. Completes CLO, Marking Continued Growth in PennantPark's CLO Platform
Mon, Feb 12, 1:10 PM:
Cash Dividend On The Way From Pennantpark Floating Rate Capital (PFLT)
Wed, Feb 7, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the First Quarter Ended December 31, ...
Fri, Feb 2, 4:06 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Wed, Jan 31, 4:08 PM:
Pennantpark Floating Rate Capital is Oversold
Tue, Jan 16, 7:34 AM:
PFLT's Strong Dividend History Helps Get It To The Top 25
Thu, Jan 4, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2024 Results
Wed, Jan 3, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Wed, Dec 13, 10:06 AM:
Reminder - Pennantpark Floating Rate Capital (PFLT) Goes Ex-Dividend Soon
Wed, Dec 13, 6:50 AM:
PFLT Crosses Above Average Analyst Target
Mon, Dec 4, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Wed, Nov 15, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Fourth Quarter and Fiscal Year ...
Thu, Nov 2, 4:08 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Fri, Oct 13, 4:06 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fourth Fiscal Quarter 2023 Results
Tue, Oct 3, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Tue, Sep 5, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Wed, Aug 9, 4:10 PM:
PennantPark Floating Rate Capital Ltd. Announces Its Financial Results for the Quarter Ended June 30, 2023
Wed, Aug 2, 4:08 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Thu, Jul 6, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2023 Results
Wed, Jul 5, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
Wed, May 10, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Announces 2.5% Increase of Its Monthly Distribution to $0.1025 ...
Tue, May 2, 4:08 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.10 per Share
Thu, Apr 13, 9:16 AM:
PennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund ...
Wed, Apr 5, 4:06 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2023 Results
Tue, Apr 4, 4:06 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.10 per Share
Wed, Feb 8, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces 5.3% Increase of Its Monthly Distribution to $0.10 per ...
Thu, Feb 2, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Mon, Jan 23, 9:46 PM:
PennantPark Floating Rate Capital Ltd. Announces Pricing of Public Offering of Common Stock
Mon, Jan 23, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Public Offering of Common Stock
Thu, Jan 5, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2023 Results
Wed, Jan 4, 4:06 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Fri, Dec 2, 4:31 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Wed, Nov 16, 4:54 PM:
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Fourth Quarter and Fiscal Year ...
Wed, Nov 2, 5:29 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Fri, Oct 21, 5:16 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fourth Fiscal Quarter 2022 Results
Tue, Oct 4, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Wed, Sep 21, 4:16 PM:
PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $366 Million
Wed, Sep 21, 4:16 PM:
PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $366 Million
Fri, Sep 2, 4:06 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Mon, Aug 8, 9:53 PM:
PennantPark Floating Rate Capital Ltd. Announces Pricing of Public Offering of Common Stock
Mon, Aug 8, 4:27 PM:
PennantPark Floating Rate Capital Ltd. Announces Public Offering of Common Stock
Wed, Aug 3, 4:09 PM:
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended June 30, 2022
Tue, Aug 2, 4:09 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Wed, Jul 6, 4:31 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2022 Results
Tue, Jul 5, 4:06 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Thu, Jun 2, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Fri, May 6, 9:00 AM:
PennantPark Floating Rate Capital Ltd. Appoints Senior Partner of PennantPark to Its Board of Directors
Wed, May 4, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended March 31, 2022
Tue, May 3, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Tue, Apr 5, 1:06 PM:
Daily Dividend Report: ALG,EME,PFLT,MGU,C [VIDEO]
Mon, Apr 4, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Mon, Apr 4, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2022 Results
Wed, Mar 30, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Announces Transfer of Common Stock listing to the New York Stock ...
Mon, Mar 14, 9:00 AM:
PennantPark Floating Rate Capital Ltd. Increases Commitment to Joint Venture
Wed, Mar 2, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Wed, Feb 9, 4:16 PM:
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended December 31, 2021
Wed, Feb 2, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Thu, Jan 6, 4:20 PM:
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2022 Results
Wed, Jan 5, 11:20 PM:
Daily Dividend Report: PNC,MVO,DUK,PFLT,LXFR [VIDEO]
Tue, Jan 4, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
Wed, May 5, 4:05 PM:
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended March 31, 2021
Mon, Nov 13, 4:07 PM:
PennantPark Floating Rate Capital Ltd. Increases Size of Credit Facility and Extends Maturity to 2022

Pennantpark Floating Rate Capital (PFLT) — Key Stats & Information:

PFLT — Current Quote
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PFLT — Price Chart
PFLT — Performance
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PFLT — vs. Other BDCs By Yield
RankBDCYield   
• • •   
#19  SCM 11.32%  
#20  BBDC 11.16%  
#21  OCSL 11.09%  
#22  BKCC 10.87%  
#23  PFLT 10.70%  
#24  SLRC 10.57%  
#25  NCDL 10.30%  
#26  PSBD 10.23%  
#27  BCSF 10.20%  
• • •   
PFLT — Current Snapshot
Current Stock Price:
(Data delayed 20 minutes)		 $11.49
Most Recent NAV/Share:
(As of 12/31/2023)		 $11.20
Current Price/NAV: 1.03x
Annualized Regular Dividend: $1.24
Annualized Current Yield: 10.79%
PFLT — TTM Snapshot
TTM = Trailing Twelve Months
  3/31/2023 6/30/2023 9/30/2023 12/31/2023
NAV/Share: $11.15 $10.96 $11.13 $11.20
Debt/Equity: 1.30 1.22 .63 .93
NOI/Share: $0.35 $0.31 $0.32 $0.33
EPS/Share: $0.15 $0.11 $0.48 $0.38
Sum of TTM NOI/Share
(Or NII/share where applicable)		 $1.31
TTM NOI Yield:
(As percentage of current $11.49 price)		 11.40%
Sum of TTM EPS/Share
 $1.12
TTM EPS Yield:
(As percentage of current $11.49 price)		 9.75%
Sum of TTM Regular Dividends $1.21
TTM Dividend Yield:
(As percentage of current $11.49 price)		 10.53%
PFLT — Snapshot At 12/31/2023
% Senior Debt % Sub Debt % Equity % Other
85.8% 0.2% 14% 0%
Stock Price @ Quarter End:
(Closest close to 12/31/2023)		 $12.1
NAV/Share: $11.20
Price/NAV: 1.08x
Shares Outstanding: 58.73M
Market Cap: 710.69M
Investments at Cost: 1.29B
Investments at Fair Value: 1.27B
Difference: -19.55M
Net Asset Value: 657.83M
Leverage 613.10M
Debt:Equity Ratio .93:1
Originations:
(During quarter)		 302.60M
Repayments:
(During quarter)		 -103.80M
Difference: 198.80M
Realized Gains/Losses:
(During quarter)		 -3.09M
Unrealized Gains/Losses:
(During quarter)		 6.11M
Non-Accruals at Cost: 0.1%
Non-Accruals at Fair Value: 0%
Net Operating Income / Share
(Or Net Investment Income where applicable)		 $0.33
EPS/Share $0.38
Regular Dividends/Share $0.31
Regular Dividend Yield (Annualized)
(Against quarter-end $12.1 stock price)		 10.25%
Although best efforts are made to minimize errors, there is no guarantee this data is free of error and therefore it should not be relied upon for investment decisions. See full disclaimer.
Management Fee Structure
Base Management Fee: 1%
Fees Paid on Cash?: No
NOI Incentive Fee: 20%
Annual Hurdle Rate: 7%
Capital Gains Fee: 20%
Incentive Catch-Up Provision: Yes - 50% rate - The 50% catch-up fee allows the manager to receive 50% of income above the hurdle rate until they have received a full 20% allocation of the profits (called the high hurdle). Above the high hurdle income is split 80/20.
Total Return Hurdle: No
Notes / Additional Features:
Catch-up provision is 50% instead of the typical 100%.
For more information see PFLT SEC filings.
PFLT — vs. Other BDCs By Price/NAV
RankBDCPrice/NAV   
• • •   
#16  MSDL 1.04x  
#17  OCSL 1.04x  
#18  TPVG 1.04x  
#19  OBDC 1.03x  
#20  PFLT 1.03x  
#21  CGBD 1.01x  
#22  OBDE 1.00x  
#23  MFIC 0.99x  
#24  NMFC 0.99x  
• • •   
PFLT — NAV/Share History
Mouse over chart for data details
6/30
2011		 ...12/31
2023
PFLT — Price/NAV History
Mouse over chart for data details
6/30
2011		 ...12/31
2023
 Avg: .92x
PFLT — Dividend History
Mouse over chart for data details
6/30
2011		 ...12/31
2023
PFLT — Yield History
(regular quarterly amount annualized)
Mouse over chart for data details
6/30
2011		 ...12/31
2023
 Avg: 9.22%
PFLT — Debt:Equity Ratio History
Mouse over chart for data details
6/30
2011		 ...12/31
2023
 Avg: .86:1
PFLT — NOI/Share History
(or NII/share when applicable)
Mouse over chart for data details
6/30
2011		 ...12/31
2023
PFLT — vs. Others By 1Yr NAV/Sh Change
RankBDC1Yr NAV/Sh Change  
• • •   
#18  CCAP +1.06% 
#19  TRIN +0.30% 
#20  GSBD +0.07% 
#21  CGBD 0.00% 
#22  PFLT -0.18% 
#23  FDUS -0.31% 
#24  PNNT -0.78% 
#25  BKCC -0.91% 
#26  NMFC -1.15% 
• • •   
 

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