PennantPark Floating Rate Capital: Newly Issued Bond Outperforms Common Stock
ByAinvest
Wednesday, Mar 11, 2026 5:12 pm ET1min read
PFLT--
PennantPark Floating Rate Capital's newly issued bond outperforms common stock. Business development companies were overvalued in the past two years, but now the sector is in a panic mode. The comparison between bonds and equity is not favorable for stockholders. The bond offers a more stable return, making it a better option for investors.
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