PennantPark Floating Rate Capital: A Solid 10.8% Yielding BDC Trading At A Discount

JamesBrey Introduction In today's market, it's hard to find high-quality stocks that are trading at great valuations. This is especially true in the BDC sector; it is very hard to find deals, with many of their share prices trading at premiums above their NAVs as a result of the high interest rate environment. One BDC in particular that trades at a small discount to its NAV is PennantPark Floating Rate Capital (NYSE:PFLT), a quality, monthly-paying BDC that has solid fundamentals. In this article, I dis ...