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PennantPark Floating Rate Capital Ltd. (PFLT)

BDC - Debt Focused BDC

Data as of Dec. 9, 2024
Current
Market Price $11.10 (+ $0.04)
NAV (Sept. 30, 2024) $11.31 ( $0.00)
Fund Listed NASDAQ
Premium / Discount -1.86% (+0.35%)
Fund Info
Inception April 8, 2011
Sponsor PennantPark
Website www.pennantpark.com/ou...
Phone 212.905.1000
Location New York
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: Current income and capital appreciation; Floating Rate Loans and below investment grade debts
Related Indexes
Debt-Focused Business Development Company (BDC) Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 83,229,896
Total Assets (Reported: Sept. 30, 2024) $2,108M
Estimated Total Assets $2,130M
Net Assets $941M
Market Cap $924M
Portfolio Turnover 29.66%
Debt-to-Equity 1.3417
Total Leverage 55.81%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 19.55%
Non Lev Exp Ratio 5.05%
Gross Asset Expense Ratio 7.12%
Gross Asset Non Lev Exp Ratio 1.84%
Rel Lev Cost 9.46%
Discount Data
Average Discount (3 Yr) -1.16%
Discount Low(3 Yr) -20.97%
Discount High(3 Yr) 12.59%
Discount Rel Range (3 Yr) 56.95%
Comp Discount 0.72
Discount St Dev (1Yr) 3.14
Z-Stat
Z-Stat (6mo) -0.78
Z-Stat (1Yr) -0.90
Z-Stat (3Yr) -0.14
Comp Z-Stat (6mo) -1.08
Comp Z-Stat (3Yr) -0.58
Distribution Data
Market Yield 11.08%
Income Yield 11.08%
Lev Adj NAV Yield 6.98%
Av Yield on Debt Investments 11.50
Distribution Frequency M
Current Distribution $0.103
Current Income $0.103
Ex-Date 12/16/24
Payable Date 1/2/25
Div Growth (3yr) 7.89%
Dividend Change 2.5% on 5/9/23
Expected Div 1/2/25
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022 2020 - 2022
Income 100% 100%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $7,913
Avg Volume 30 day 823,863
Avg Volume 90 day 712,890
Volume Trend 15.57%
Comp Volume Trend 1.96%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
34.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
41.0%
Price Correlation (1yr)
vs. CEFA's BDC Index
68.0%
Most Correlated Peer (Mk Pr): PNNT 60.0%
Price St Dev (1Yr) 14.3%
NAV St Dev (1Yr) 2.0%
Earnings
Earnings / Share (9/30/24) $0.077
Adj Core NII Coverage 75.34%
1 Yr Avg NII Coverage 94.25%
1 Yr Avg Adj Core NII Coverage 94.25%
NII Trend -16.86%
Adj Core NII Trend -16.86%
Performance
Price Beta (2yr)
vs. S&P 500 (TR)
0.80
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.86
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
0.95
Portfolio Data
Avg Libor Floor % %
% Loans with Libor Floor 0%

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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