PennantPark Floating Rate Capital Ltd
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Financials : Capital Markets | Small Cap Value

PennantPark Floating Rate Capital Ltd. is a closed-end, externally managed, non-diversified investment company. The Company is a business development company, whose objectives are to generate both current income and capital appreciation while seeking to preserve capital by investing primarily in floating rate loans, and other investments made to the United States (U.S) middle-market companies. Interest on floating rate loans is determined periodically, on the basis of a floating base lending rate, such as LIBOR, with or without a floor, plus a fixed spread. Under normal market conditions, the Company generally expect that at least 80% of the value of its managed assets will be invested in floating rate loans and other investments. The Company’s debt investments may generally range in maturity from three to ten years and are made to U.S. and, to a limited extent, non-U.S. corporations, partnerships and other business entities which operate in various industries and geographical regions.

Postmarket

Last Trade: Delayed
$11.01

Change Since Close Change Since Close Postmarket extended hours change is based on the last price at the end of the regular hours period. Premarket extended hours change is based on the day's regular session close.: 0.00 (0.00%)

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Closing Price: $11.01

Day's Change: 0.03 (0.27%)

Bid close: --

Ask close: --

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Day's High: 11.08

Day's Low: 10.97

Volume (Light) Volume: 336,906 10-day average volume: 971,064: 336,906

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Postmarket

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