Home Money PennantPark Floating Rate Capital: A More Reliable Alternative To PNNT (NYSE:PFLT)

PennantPark Floating Rate Capital: A More Reliable Alternative To PNNT (NYSE:PFLT)

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PennantPark Floating Rate Capital: A More Reliable Alternative To PNNT (NYSE:PFLT)

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Overview

In an environment of higher interest rates, I believe that Business Development Companies are the right place to be! BDCs are a great way to offset the higher rates with a higher level of dividend income, since they direct profit

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