BDCX - PennantPark: 10% Yield 14% Discount Monthly Payer Benefits From Rising Rates
- PennantPark Floating Rate Capital yields 10.54% and pays monthly.
- It's trading at a -14.26% Discount to NAV/Share, much cheaper than the BDC industry average.
- PennantPark benefits from rising interest rates - its debt portfolio is 100% floating rate.
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PennantPark: 10% Yield, 14% Discount, Monthly Payer, Benefits From Rising Rates