Analysts covering the pflt stock forecast are noting that the company's non-accrual rates remain exceptionally low, a key factor supporting forward valuation stability in the BDC sector. To build on this point, all but $2.7 million out of the company's $1.75 billion debt portfolio is first-lien secured. In the event that one of PennantPark's borrowers seeks bankruptcy protection, first-lien secured debtholders are first in line for repayment. Though delinquencies haven't been much of an issue -- just a 0.4% non-accrual rate, relative to the overall portfolio cost, as of Sept. 30 -- it's worth noting that the company has repayment priority. Please try using other words for your search or explore other sections of the website for relevant information. With high dividend coverage ratios, the pflt stock forecast remains constructive, supported by a 100% floating-rate loan portfolio that aligns with higher-for-longer interest rate scenarios.