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PFLT Updated Projections/Pricing: Hold For Now
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PFLT Updated Projections/Pricing: Hold For Now

BDC Buzz
Apr 13
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PennantPark Floating Rate Capital (PFLT) remains a component in the ‘Recommended Higher Yield’ portfolio due to its relatively stable dividend, higher quality management, insider ownership, strong underwriting standards, and measured approach when raising and deploying capital. However, PFLT is likely overpriced driving a lower dividend yield:

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