PennantPark Floating Rate Capital Ltd. (PFLT)

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PennantPark Floating Rate Capital Ltd. (PFLT) is down 16.2% since the beginning of the year. At $7 per share, PFLT is trading 33.3% below its 52-week high of $11. Investors who bought $1,000 worth of PFLT shares 5 years ago would now be looking at an investment worth $973.

PennantPark Floating Rate Capital Ltd. (PFLT) has returned -16.15% so far this year and -19.29% over the past 12 months. Over the last ten years, PFLT has returned 4.93% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Apr 8, 2011, PFLT's average daily return is +0.03%, while the average monthly return is +0.76%. At this rate, an investment would double in approximately 7.6 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +51.3%, while the worst month was Mar 2020 at -54.1%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.

On a daily basis, PFLT closed higher 53% of trading days. The best single day was Mar 19, 2020 with a return of +24.8%, while the worst single day was Mar 18, 2020 at -29.5%.

PennantPark Floating Rate Capital Ltd. has an annualized alpha of 0.21%, beta of 0.64, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since April 08, 2011.

• This stock participated in 105.68% of S&P 500 Index downside but only 76.21% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.64 may look defensive, but with R2 of 0.19 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.19 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

PFLT ranks 8 for risk / return — in the bottom 8% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

PennantPark Floating Rate Capital Ltd. provided a 16.70% dividend yield over the last twelve months, with an annual payout of $1.21 per share. The company has been increasing its dividends for 7 consecutive years.

The table displays the monthly dividend distributions for PennantPark Floating Rate Capital Ltd.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the PennantPark Floating Rate Capital Ltd.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PennantPark Floating Rate Capital Ltd. was 69.77%, occurring on Mar 18, 2020. Recovery took 207 trading sessions.

The current PennantPark Floating Rate Capital Ltd. drawdown is 25.22%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of PennantPark Floating Rate Capital Ltd. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how PennantPark Floating Rate Capital Ltd. is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.