Description:

PFLT is the ticker symbol for PennantPark Floating Rate Capital Ltd., a company listed on the New York Stock Exchange. This investment firm focuses on floating rate loans and other debt instruments, primarily in middle-market companies. As a business development company (BDC), PennantPark Floating Rate Capital Ltd. aims to generate current income for its shareholders through interest payments from its portfolio of investments. The company's strategy involves providing financing solutions that cater to the specific needs of its target market, thereby positioning itself as a key player in the financial services sector.

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