Boyle Capital Management adds Pennantpark Floating Rate Capital Ltd (PFLT) to its portfolio

Pennantpark Floating Rate Capital Ltd (PFLT) : Boyle Capital Management added new position in Pennantpark Floating Rate Capital Ltd during the most recent quarter end. The investment management firm now holds 54,169 shares of Pennantpark Floating Rate Capital Ltd which is valued at $703,655 , the company said in a statement filed on Aug 12, 2016 with the SEC.Pennantpark Floating Rate Capital Ltd makes up approximately 0.77% of Boyle Capital Management’s portfolio.

Other Hedge Funds, Including , Van Eck Associates Corp boosted its stake in PFLT in the latest quarter, The investment management firm added 14,313 additional shares and now holds a total of 123,572 shares of Pennantpark Floating Rate Capital Ltd which is valued at $1,605,200. Pennantpark Floating Rate Capital Ltd makes up approx 0.01% of Van Eck Associates Corp’s portfolio.Pacific Ridge Capital Partners reduced its stake in PFLT by selling 8,570 shares or 3.95% in the most recent quarter. The Hedge Fund company now holds 208,653 shares of PFLT which is valued at $2,710,402. Pennantpark Floating Rate Capital Ltd makes up approx 1.14% of Pacific Ridge Capital Partners’s portfolio.

PennantPark Floating Rate Capital Ltd. is a business development company. The Company is a closed-end externally managed non-diversified investment company. The Company’s objective is to generate current income and capital appreciation by investing primarily in loans bearing a variable-rate of interest or Floating Rate Loans and other investments made to the United States middle-market companies. The Investment Adviser of the Company has invested in Aerospace and Defense Auto Sector Beverage Food and Tobacco Financial Services Buildings and Real Estate and other industries.

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