PFLT BDC — PennantPark Floating Rate Capital Ltd.

PennantPark Floating Rate Capital Ltd. (PFLT)

Updated October 16, 2026.

PFLT is a BDC. its distribution rate is 17.42%, its trailing-12-month yield is 17.42%. Dividend Vision Distribution Safety Score™ is 63/100 (Generally safe). Total return is 115.0% over the past 15.5 years, 538.6 points behind SPY at 653.6%.

At the published price, recorded trailing 12-month cash corresponds to $1,742 per $10,000. Past cash distributions do not establish future income.

PennantPark Floating Rate Capital Ltd. is a business development company that makes secondary direct investments in floating rate loans, mezzanine debt, and equity securities of middle-market companies, primarily in the United States. The company targets smaller, unrated or below-investment-grade companies and typically holds investments for three to ten years, with at least 80 percent of its portfolio expected to be in floating rate loans and similar instruments. It pays distributions monthly and currently maintains a high distribution rate.

PFLT performance versus SPY

Price and return data through 2026-10-16.

Total return is 115.0% over the past 15.5 years, 538.6 points behind SPY at 653.6%. Over the past year its total return — price change plus distributions reinvested — is -11.3%. Its deepest 1-year drawdown was 24.9%.

PFLT key facts

Distribution Safety Score™

63 · Generally safe

Safety-Adjusted Yield

10.97%

Issuer

PennantPark

Asset type

BDC

Asset class

Equity

Distribution rate

17.42%

Distribution frequency

Monthly

Trailing yield

17.42%

5-year average yield

11.1

Last close

$6.51 (stale; as of 2026-10-16)

Market cap

$645,908,503

Average volume

732100.0

Dividend

$0.0833

Ex-dividend date

10/15/2026

Payment date

11/02/2026

Beta

0.797

Payout ratio

31.1%

P/E ratio

12.76

Forward P/E

6.6445

EPS

$0.51

How Dividend Vision calculates yield and returns

Distribution rate (17.42%) uses trailing 12-month split-adjusted cash distributions; includes specials and supplementals; divided by market price dated 2026-10-16. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (17.42%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: PennantPark; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PFLT risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 24.9%.

Who may consider PFLT — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PFLT

• All tickers starting with P

Tagged: BDC, Dividend.

Frequently asked questions

More securities from PennantPark.