Floating-rate debt outperforms fixed-rate holdings when interest rates are rising, research finds, but be prepared to pivot when they start falling.
The investment seeks a high level of current income; preservation of capital is a secondary goal. The fund invests at least 80% of its net assets in income-producing floating rate debt securities, ...
PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that PennantPark CLO VIII, LLC, a wholly-owned and consolidated subsidiary of the Company, has closed the ...
When credit spreads widen, corporate FRN prices may decline temporarily as investors demand greater compensation for credit ...
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PennantPark Floating Rate Capital is paying out 171% of earnings and that’s a problem
Quick Read PennantPark Floating Rate Capital (PFLT) pays out 171% of earnings as dividends. Net income fell 27.8% year-over-year to $66.4M. PennantPark’s debt surged 50.9% to $1.78B. The ...
WASHINGTON — The U.S. Treasury is delaying a decision on whether to start borrowing in an unconventional way to help cover the federal budget deficits: by offering Treasurys with variable interest ...
Artisan Floating Rate Fund returned 6.30% in 2025, outperforming its benchmark. Read the full analysis for more details.
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