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PNNT - PennantPark Floating Rate: This Overlooked Gem Is A Buy Here's Why
July, 29 2021 04:52 AM
PennantPark Investment Corporation
PFLT is a well-managed BDC with a low base management fee, and a relatively safe portfolio structure comprised primarily of first-lien debt. Its book value has seen a recovery over the past 12 months and it has a favorable outlook for the deal pipeline. I also highlight the dividend, balance sheet, valuation, and other points worth considering. For further details see:
PennantPark Floating Rate: This Overlooked Gem Is A Buy, Here's Why
Stock Information
Company Name:
PennantPark Investment Corporation
Stock Symbol:
PNNT
Market:
NASDAQ
Website:
pennantpark.com
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