PENNANTPARK FLOATING RATE CA (PFLT)

Company Profile

PennantPark Floating Rate Capital Ltd., a traded fund, invests in middle market companies located in the United States. The company is headquartered in New York City, New York. The company went IPO on 2011-04-08. The investment objectives of the Company are to generate both current income and capital appreciation while seeking to preserve capital. The company seeks to achieve its investment objective by investing primarily in floating rate loans, and other investments made to United States middle-market private companies whose debt is rated below investment grade. The firm generally expect to invest up to 35% of its overall portfolio opportunistically in other types of investments, including second lien secured debt, subordinated debt, and, to a lesser extent, equity investments. The Company’s debt investments may generally range in maturity from three to ten years and are made to United States and, to a limited extent, non-United States corporations, partnerships and other business entities which operate in various industries and geographical regions.

Company Info

PENNANTPARK FLOATING RATE CA

590 Madison Avenue, 15tH FLOOR

New York City NEW YORK 10022

P: 12129051000

CEO: Arthur H. Penn

Employees: 0

Website: https://www.pennantpark.com/funds/pflt/