PFLT BDC — PennantPark Floating Rate Capital Ltd.

PennantPark Floating Rate Capital Ltd. (PFLT)

PFLT is a BDC. As of September 3, 2026, its distribution rate is 13.41%, its trailing-12-month yield is 15.78%. Dividend Vision Distribution Safety Score™ is 72/100 (Generally safe). Total return is 139.4% over the past 15.4 years, 522.1 points behind SPY at 661.5%.

At the current 13.41% distribution rate, a $10,000 investment would generate approximately $1,341 per year, or $111.75 per month on an equivalent basis.

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

Data as of September 3, 2026.

Total return is 139.4% over the past 15.4 years, 522.1 points behind SPY at 661.5%. Its deepest 1-year drawdown was 24.4%.

PFLT key facts

Data as of September 3, 2026.

Distribution Safety Score™

72 · Generally safe

Safety-Adjusted Yield

9.66%

Issuer

PennantPark

Asset type

BDC

Asset class

Equity

Distribution rate

13.41%

Distribution frequency

Monthly

Trailing yield

15.78%

5-year average yield

11.29

Last close

$7.43

Market cap

$737,188,967

Average volume

748233.0

Next dividend

$0.0833

Next ex-dividend date

09/15/2026

Next payment date

10/01/2026

Beta

0.758

Payout ratio

0.3293

P/E ratio

14.57

Forward P/E

6.9061

EPS

$0.51

How Dividend Vision calculates yield and returns

Distribution rate (13.41%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (15.78%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. 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. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

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 24.4%.

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.

Frequently asked questions

More securities from PennantPark.