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Stock impact report

PennantPark Floating Rate Capital: Very Good Moment To Exit (Downgrade) [Seeking Alpha]

PennantPark Floating Rate Capital Ltd. (PFLT) 
Last pennantpark floating rate capital ltd. earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pennantpark.com/our-funds/pflt
Company Research Source: Seeking Alpha
In the meantime, PFLT just delivered a sound NII per share result, while keeping the portfolio quality in truly solid shape. Yet, PFLT has started to take bold steps into the unconsolidated and very leveraged JV direction, which is where I have the biggest fears when it comes to BDCs in general. In the article I share more details about why I have decided to take my small profits home to avoid the potential risk that stems from hidden leverage. PM Images/DigitalVision via Getty Images PennantPark Floating Rate Capital ( PFLT ) has experienced decent volatility this year. So far, on a total return basis, PFLT is down ~3%, which is largely in line with the sector average ( BIZD However, from the This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am Show less Read more
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