Cue Financial Group Lowers stake in Pennantpark Floating Rate Capital Ltd (PFLT)

Pennantpark Floating Rate Capital Ltd (PFLT) : Cue Financial Group reduced its stake in Pennantpark Floating Rate Capital Ltd by 5.74% during the most recent quarter end. The investment management company now holds a total of 152,351 shares of Pennantpark Floating Rate Capital Ltd which is valued at $1,831,259 after selling 9,286 shares in Pennantpark Floating Rate Capital Ltd , the firm said in a disclosure report filed with the SEC on Apr 15, 2016.Pennantpark Floating Rate Capital Ltd makes up approximately 1.57% of Cue Financial Group’s portfolio.

Other Hedge Funds, Including , Donald L. Hagan added PFLT to its portfolio by purchasing 128 company shares during the most recent quarter which is valued at $1,539.Creative Planning reduced its stake in PFLT by selling 1,581 shares or 21.02% in the most recent quarter. The Hedge Fund company now holds 5,939 shares of PFLT which is valued at $69,783.Lgt Capital Partners Ltd. boosted its stake in PFLT in the latest quarter, The investment management firm added 15,000 additional shares and now holds a total of 510,000 shares of Pennantpark Floating Rate Capital Ltd which is valued at $5,992,500. Pennantpark Floating Rate Capital Ltd makes up approx 1.08% of Lgt Capital Partners Ltd.’s portfolio.Berson Corrado Investment Advisors reduced its stake in PFLT by selling 5,767 shares or 13.34% in the most recent quarter. The Hedge Fund company now holds 37,480 shares of PFLT which is valued at $440,390. Pennantpark Floating Rate Capital Ltd makes up approx 0.28% of Berson Corrado Investment Advisors’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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