J Studios Overview When I originally covered PennantPark Floating Rate Capital (NYSE:PFLT), back in April, a lot of my prior analysis was centered around the fact that I liked PFLT a lot more compared to its brother fund PennantPark Investment Corp (PNNT). I wanted to circle back and dedicate an article that is more focused on PFLT individually, as I believe this business development company may see increased valuations over the next months as I anticipate interest rate cuts to happen. PFLT operates as a bu ...