PennantPark Floating Rate Capital Ltd. bonds PFLA
Who owns PennantPark Floating Rate Capital Ltd.'s debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. PFLA stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 70806AAC0 | 6.75% fixed | 2029-03-04 | USD | 100.04 | 6.73% | 248 bp | 2 | $46.9M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 1 | $46.9M | 100.04 | 6.73% | 248 bp | 2 |
| Jun 2026 | 1 | $4.2M | 99.34 | 7.02% | 288 bp | 2 |
| May 2026 | 1 | $106K | 99.79 | 6.83% | 280 bp | 1 |
| Apr 2026 | 1 | $43.8M | 99.80 | 6.83% | 301 bp | 2 |
| Mar 2026 | 1 | $4.2M | 99.70 | 6.86% | 313 bp | 2 |
| Feb 2026 | 1 | $106K | 99.80 | 6.82% | 330 bp | 1 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 1 added, 0 cut, 0 new holders and 0 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Holbrook Income Fund Two Roads Shared Trust | 2026-07-31 | $41.5M | $41.5M | $3.0M |
| BBH Income Fund BBH Trust | 2026-07-31 | $5.4M | $5.4M | $0 |
| CrossingBridge Ultra-Short Duration Fund Trust for Professional Managers | 2026-06-30 | $3.7M | $3.6M | $0 |
| First American Multi-Manager Fixed-Income Fund PFM Multi-Manager Series Trust | 2026-06-30 | $530K | $526K | $0 |
| Man Active Income ETF Man ETF Series Trust | 2026-05-31 | $106K | $106K | $0 |
Default risk, three ways
Stock market: distance-to-default
Not computed: financial company (banks, insurers, BDCs and REITs carry leverage as their business, which the model misreads).
Bond market: priced-in odds
A 248 bp spread prices in about 4.1% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Not available.
The stock side: 13F filings
What institutions report holding in PFLA's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 11 | $20.8M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 122 | $163.0M | 3 | $566K | 5 | $1.2M | 0 |
| 2026-03-31 | 129 | $135.9M | 3 | $2.1M | 5 | $675K | 0 |
| 2025-12-31 | 131 | $170.1M | 3 | $3.3M | 2 | $773K | 0 |
| 2025-09-30 | 132 | $168.5M | 1 | $289K | 3 | $508K | 0 |
| 2025-06-30 | 121 | $193.8M | 2 | $237K | 1 | $0 | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.