Pennant Park Floating Rate Capital Ltd (PFLT)

[pappi]

My goodness, a first post(er): How come no one else is into this one? I stumbled into PFLT on a merger, then sale, but a few DRIP shares remained, so I received microscopic monthlies. Then I started looking at it, thinking to liquidate, but now I am doing DCA in on a monthly basis.

Small-medium cap size private sector firms in the US economy, decent risk, careful selection, modest cap growth prospects for some investments. Decent monthly yield. BDC - careful specific firm.

Well, I'm aiming long. Every 500USD put in grows your monthly DRIP by 5USD, roughly.

- p, first post for the record.