PennantPark Floating Rate CapitalPFLT
PFLT
About: PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generate revenue in the form of interest income on the debt securities and dividends.
0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
170% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 20
100% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 2 (+1) [Q1 2025]
50% more call options, than puts
Call options by funds: $412K | Put options by funds: $274K
43% more capital invested
Capital invested by funds: $200M [Q4 2024] → $286M (+$86.4M) [Q1 2025]
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
7.12% more ownership
Funds ownership: 21.93% [Q4 2024] → 29.05% (+7.12%) [Q1 2025]
4% more funds holding
Funds holding: 126 [Q4 2024] → 131 (+5) [Q1 2025]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10.50
2%
downside
Avg. target
$11
2%
upside
High target
$11.50
7%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
JMP Securities Matthew Condon | 2%upside $11 | Market Outperform Maintained | 24 Jun 2025 |
Maxim Group Michael Diana | 7%upside $11.50 | Buy Maintained | 14 May 2025 |
Truist Securities Mark Hughes | 2%upside $11 | Buy Maintained | 14 May 2025 |
UBS Vilas Abraham | 2%downside $10.50 | Neutral Maintained | 17 Apr 2025 |
Financial journalist opinion
Based on 13 articles about PFLT published over the past 30 days
Negative
Seeking Alpha
1 day ago
PFLT: High Yield Under Pressure, But Valuation Looks Better
PFLT faces headwinds from the current environment, pressuring income and dividend coverage due to its floating-rate loan portfolio. With the latest quarterly results, we've seen the negative impact as NII has declined, and NAV was also under pressure. However, this isn't only pressuring PFLT, as the BDC space is experiencing similar impacts in this environment, and PFLT has come down to a more tempting valuation.
Neutral
Seeking Alpha
3 days ago
June Readers Tagged 13 Ideal Dividend Dogs From 16 "Safer" Out Of 38 ReFa/Ro
My contrarian yield-based strategy spotlights high-yield 'ReFa/Ro Dogs' with analyst forecasts suggesting 19-33% net gains by June 2026. All top ten ReFa/Ro Dogs offer annual dividends from $1,000 invested that exceed their share prices, meeting my 'ideal' stock criteria. Caution: Fourteen of thirty-eight ReFa/Ro stocks show negative free cash flow margins, so dividend safety varies—focus on the thirteen 'safer' picks.
Neutral
GlobeNewsWire
1 week ago
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2025 Results
MIAMI, July 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that it will report results for the third fiscal quarter ended June 30, 2025 on Monday, August 11, 2025 after the close of the financial markets.
Neutral
GlobeNewsWire
1 week ago
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
MIAMI, July 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for July 2025 of $0.1025 per share, payable on August 1, 2025 to stockholders of record as of July 15, 2025. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
Positive
24/7 Wall Street
1 week ago
5 ETFs Paying More Than Double US Treasuries (All Over 9% Yield)
ETFs have grown into a dominant investment vehicle due to their intraday liquidity, with income-focused investors increasingly turning to high-yield names like PFLT, SCM, EFC, DX, and HRZN—each yielding over 9%.
Positive
Seeking Alpha
1 week ago
31 June Ideal 'Safer' Monthly Paying Dividend Stocks And 80 Funds
June U.S. exchange-traded monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (80); 2. Stocks-by-price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash-Flow-Margins. Analyst estimates suggest top MoPay stocks could net 16.48% to 33.67% gains by June 2026, with an average net gain of 23.57% and higher-than-market risk. The dogcatcher rule highlights 31 'safer' MoPay stocks where dividends from $1K invested exceed share price, positive returns, and strong free cash flow coverage.
Positive
24/7 Wall Street
1 week ago
I'm Passing On The YieldMax ETFs – 4 Monthly Pay Stocks With 11% and Higher Yields Will Do Fine
Investors love dividend stocks, especially those with ultra-high yields that pay monthly, because they provide a substantial income stream and offer significant total return potential.
Positive
24/7 Wall Street
2 weeks ago
2 Dividend Stocks Retirees Can Count On for 10%+ Yield in 2025
Key Points in This Article: Dividend stocks have proved to be superior investments for decades, and those yielding 10% or more are top-tier performers.
Positive
Seeking Alpha
3 weeks ago
PennantPark Floating Rate Capital: Avoiding This Dividend Powerhouse Amid Declining NAV Concerns
Great dividend, weak stock. The 12% yield looks nice, but the stock and NAV have been slowly sliding for years. NAV keeps dropping. It is down 22% over 14 years and never really recovered. Q2 was not impressive. Core NII came in below the dividend.
Positive
The Motley Fool
3 weeks ago
Want to Collect $300 in Safe Monthly Dividend Income? Invest $32,850 Into These 3 Ultra-High-Yield Stocks.
With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, investors have a myriad of ways to grow their wealth on Wall Street. But among these countless strategies, few have more consistently delivered for investors than buying and holding high-quality dividend stocks.
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