10-K
--09-30falseFY0001504619MDhttp://fasb.org/us-gaap/2024#UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTaxhttp://fasb.org/us-gaap/2024#UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTaxhttp://fasb.org/us-gaap/2024#UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTaxhttp://fasb.org/us-gaap/2024#UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTaxhttp://fasb.org/us-gaap/2024#UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTaxhttp://fasb.org/us-gaap/2024#UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTaxhttp://fasb.org/us-gaap/2024#UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTaxhttp://fasb.org/us-gaap/2024#UnrealizedGainLossInvestmentAndDerivativeOperatingBeforeTaxAugust 31, 20290001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (American Insulated Glass, LLC), HV Watterson Holdings, LLC, Industry Professional Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% DRS Holdings III, Inc. (Revolver) Maturity 11/03/2025 Industry Personal Products2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% UniTek Global Services, Inc. - Senior Preferred Equity Industry Telecommunications Current Coupon 19.00%2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Urology Management Holdings, Inc, Maturity 6/15/2026, Industry Healthcare and Pharmaceuticals, Current Coupon 11.79%, Basis Point Spread Above Index SOFR+5652023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Five Star Parent Holdings, LLC Industry Hotels, Restaurants and Leisure2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, RFMG Parent, LP (Rancho Health MSO, Inc.), Industry Healthcare Equipment and Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MDI Buyer, Inc. (Revolver) Maturity 07/25/2028 Industry Commodity Chemicals Current Coupon 11.25% Basis Point Spread Above Index 3M SOFR+6002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Beacon Behavioral Support Service, LLC - Unfunded Term Loan Maturity 12/21/2025 Industry Healthcare Providers and Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% IIN Group Holdings, LLC Industry Consumer Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% NFS - CFP Holdings LLC Matrity 09/13/2030 Industry Commercial Services & Supplies Current Coupon 9.56% Basis Point Spread Above Index 3M SOFR+4752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% MBS Holdings, Inc. (Revolver) Maturity 04/16/2027 Industry Internet Software and Services Current Coupon 11.17% Basis Point Spread Above Index 1M SOFR+5852022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Subordinate Debt - 0.3% Schlesinger Global, LLC - Promissory Note Maturity 01/08/2026 Industry Professional Services Current Coupon 12.31% Basis Point Spread Above Index 3M SOFR+7002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Ox Two, LLC Maturity 05/18/2026 Industry Construction and Building Current Coupon 12.90% Basis Point Spread Above Index 3M SOFR+7512022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% AG Investco LP One Industry Software2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Second Lien Secured Debt - 0.0%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Kinetic Purchaser, LLC - (Revolver) Maturity 11/10/2026 Industry Personal Products2022-10-012023-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Big Top Holdings, LLC Maturity 02/28/2030 Industry Construction & Engineering Current Coupon 11.10% Basis Point Spread Above Index 1M SOFR+6252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Infinity Home Services Holdco, Inc. Maturity 12/28/2028 Industry Commercial Services & Supplies Current Coupon 12.24% Basis Point Spread Above Index 3M SOFR+6852022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Schlesinger Global, Inc. Maturity 07/14/2025 Industry Business Services Current Coupon 13.20% Basis Point Spread Above Index SOFR+8352024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Skopima Consilio Parent, LLC Maturity 05/17/2028 Industry Business Services Current Coupon 9.46% Basis Point Spread Above Index SOFR+4612024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Loving Tan Intermediate II, Inc. (Revolver) Maturity 05/31/2028 Industry Personal Products Current Coupon 11.60% Basis Point Spread Above Index 3M SOFR+7002024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name TWS Acquisition Corporation Maturity 06/16/2025 Industry Diversified Consumer Services Current Coupon 11.33% Basis Point Spread Above Index SOFR+6402023-10-012024-09-300001504619pflt:TwoThousandTwentyThreeNotesMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% TPC Holding Company, LP Industry Food Products2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Walker Edison Furniture Company LLC - Junior Revolving Credit Facility, Maturity 3/31/2027, Industry Wholesale, Current Coupon 11.68%, Basis Point Spread Above Index SOFR+6352023-09-300001504619us-gaap:FairValueInputsLevel2Memberus-gaap:EquityMethodInvestmentsMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Broder Bros., Co. Maturity 12/04/2025 Industry Textiles, Apparel and Luxury Goods Current Coupon 10.97% Basis Point Spread Above Index 3M SOFR+6112024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Lightspeed Investment Holdco LLC, Industry Healthcare Technology2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% C5MI Holdco, LLC. - Preferred Equity Industry IT Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Cartessa Aesthetics, LLC, Maturity 06/14/2028, Industry Distributors, Current Coupon 11.39%, Basis Point Spread Above Index 3M SOFR+6002022-10-012023-09-300001504619us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Delta InvestCo LP (Sigma Defense Systems, LLC) One Industry IT Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% IG Investments Holdings, LLC (Revolver) Maturity 09/22/2027 Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Blackhawk Industrial Distribution, Inc. - Unfunded Term Loan Maturity 09/17/2026 Industry Distributors2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Kinetic Purchaser, LLC Industry Personal Products2023-10-012024-09-300001504619pflt:AutoComponentsMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Athletico Holdings, LLC Industry Healthcare Providers and Services2023-10-012024-09-300001504619pflt:RTwoThousandAndThirtySixAssetBackedDebtMember2023-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassDSecuredDeferrableFloatingRateLoansDue2036Member2024-02-012024-02-290001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% ORL Holdco, Inc. Industry Consumer Finance2022-10-012023-09-300001504619pflt:NonControlledAffiliatedInvestmentsMembersrt:MinimumMember2023-10-012024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% Equity Interests - 8.3% Total2023-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:SecondLienSubordinatedDebtAndEquityInvestmentsMember2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Aechelon InvestCo, LP - Common Equity Industry Aerospace and Defense2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Graffiti Buyer, Inc, Maturity 08/10/2027, Industry Trading Companies & Distributors, Current Coupon 10.98%, Basis Point Spread Above Index 3M SOFR+5502023-09-300001504619pflt:ClassA2RNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Preferred Equity— 1.8%, PL Acquisitionco, LLC (Preferred Equity), Industry Textiles, Apparel and Luxury Goods2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% AG Investco LP Industry Software2022-10-012023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% Cash and Cash Equivalents - 15.3% Money Market - BlackRock Federal FD Institutional 812023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Sargent & Greenleaf Inc. (Revolver) Maturity 12/20/2024 Industry Electronic Equipment, Instruments, and Components2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Sales Benchmark Index LLC, Maturity 01/03/2025, Industry Professional Services, Current Coupon 11.59%, Basis Point Spread Above Index 3M SOFR+6202022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name MAG DS Corp Maturity 7/31/2028 IndustryAerospace and Defense Current Coupon 10.99% Basis Point Spread Above Index SOFR+5502023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Global Holdings InterCo LLC Maturity 03/16/2026 Industry Diversified Financial Services Current Coupon 11.43% Basis Point Spread Above Index 3M SOFR+6152023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Solutionreach, Inc. Maturity 01/17/2024 Industry Healthcare Technology Current Coupon 12.37% Basis Point Spread Above Index 1M SOFR+7002022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Watchtower Intermediate, LLC Maturity 12/01/2029 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.60% Basis Point Spread Above Index 3M SOFR+6002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Megawatt Acquisition Partners, LLC - Preferred A Equity Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, EDS Topco, LP, Industry Electronic Equipment, Instruments, and Components2023-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassDSecuredDeferrableFloatingRateNotesMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% The Vertex Companies, LLC (Revolver) Maturity 08/30/2027 Industry Construction & Engineering2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% The Bluebird Group LLC Maturity 07/28/2026 Industry Professional Services Current Coupon 11.25% Basis Point Spread Above Index 3M SOFR+6652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Blackhawk Industrial Distribution, Inc. Maturity 09/17/2026 Industry Distributors2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Applied Technical Services, LLC Maturity 12/29/2026 Industry Commercial Services & Supplies Current Coupon 11.54% Basis Point Spread Above Index SOFR+6152022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Smartronix, LLC Maturity 11/23/2028 Industry Aerospace and Defense Current Coupon 10.35% Basis Point Spread Above Index 1M SOFR+6102024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% TWD Parent Holdings, LLC (The Vertex Companies, LLC) Industry Construction & Engineering2023-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:ClassB1SeniorSecuredFloatingRateNotesDue2031Memberpflt:TwoThousandAndThirtyOneAssetBackedDebtMember2019-09-012019-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, By Light Professional IT Services, LLC (Revolver), Maturity 05/16/2025, Industry High Tech Industries2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% LJ Avalon Holdings, LLC Maturity 02/01/2030 Industry Construction & Engineering Current Coupon 10.31% Basis Point Spread Above Index 3M SOFR+5252024-09-300001504619pflt:PennantParkSeniorSecuredLoanFundILLCMember2023-04-012023-04-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Dynata, LLC - First Out Term Loan Maturity 07/15/2028 Industry Diversified Consumer Services Current Coupon 10.38% Basis Point Spread Above Index SOFR+5262024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Municipal Emergency Services, Inc. Maturity 09/28/2027 Industry Distributors Current Coupon 9.75% Basis Point Spread Above Index SOFR+5152024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% MBS Holdings, Inc. (Revolver) Maturity 04/16/2027 Industry Internet Software and Services2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name PlayPower, Inc. Maturity 6/28/2026 Industry Consumer Goods: Durable Current Coupon 10.57% Basis Point Spread Above Index SOFR+5652023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Big Top Holdings, LLC Maturity 02/28/2030 Industry Construction & Engineering Current Coupon 11.10% Basis Point Spread Above Index 1M SOFR+6252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Anteriad, LLC (f/k/a MeritDirect, LLC) - Incremental Term Loan, Maturity 05/23/2024, Industry Media, Current Coupon 12.04%, Basis Point Spread Above Index 3M SOFR+6652022-10-012023-09-300001504619Related Party PSSL Equity Securities - 3.9% - Total2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name By Light Professional IT Services, LLC Maturity 5/16/2025 Industry High Tech Industries Current Coupon 12.43% Basis Point Spread Above Index SOFR+6882022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TPCN Midco, LLC - Unfunded Revolver Maturity 06/26/2029 Industry Diversified Consumer Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Quanti Tech InvestCo LP, Industry Aerospace and Defense One2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% Wildcat Parent, LP (Wildcat Buyerco, Inc.) Industry Electronic Equipment, Instruments, and Components2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, KL Stockton Co-Invest LP (Any Hour Services), Industry Energy Equipment and Services2023-09-3000015046192024-01-012024-03-310001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Walker Edison Holdco LLC Industry Healthcare Providers and Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Connatix Buyer, Inc. - Funded Revolver Maturity 07/13/2027 Industry Media Current Coupon 10.58% Basis Point Spread Above Index 3M SOFR+5762023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Crane 1 Acquisition Parent Holdings, L.P. Industry Commercial Services & Supplies2023-10-012024-09-300001504619pflt:InvestmentsWithDebtSecuritiesRiskMember2023-10-012024-09-300001504619Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Applied Technical Services, LLC (Unfunded Term Loan), Maturity 12/29/2026, Industry Commercial Services & Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, DRS Holdings III, Inc, Maturity 11/03/2025, Industry Chemicals, Plastics and Rubber, Current Coupon 11.79%, Basis Point Spread Above Index 3M SOFR+6402023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PL Acquisitionco, LLC - (Revolver) Maturity 11/09/2027 Industry Textiles, Apparel and Luxury Goods2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Pacific Purchaser, LLC Maturity 09/30/2028 Industry Professional Services Current Coupon 11.51% Basis Point Spread Above Index 3M SOFR+6252024-09-300001504619pflt:TruistCreditFacilityMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MOREGroup Holdings, Inc. - Unfunded Term Loan Matrity 01/16/2030 Industry Construction & Engineering2023-10-012024-09-300001504619Industry Air FInvestments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% One Stop Mailing, LLC Matrity 05/07/2027 reight and Logistics Current Coupon 11.21% Basis Point Spread Above Index 3M SOFR+6362024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name K2 Pure Solutions NoCal, L.P.c Maturity 12/20/2023 Industry Chemicals, Plastics and Rubber Current Coupon 13.42% Basis Point Spread Above Index SOFR+8102022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Simplicity Financial Marketing Group Holdings Inc. - (Revolver) Maturity 12/02/2026 Industry Diversified Financial Services2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Safe Haven Defense US, LLC Maturity 05/23/2029 Industry Construction and Building Current Coupon 9.85% Basis Point Spread Above Index SOFR+5252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RTIC Subsidiary Holdings, LLC Maturity 05/03/2029 Industry Leisure Products Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+5752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Integrity Marketing Acquisition, LLC - Unfunded Term Loan Maturity 08/31/2025 Industry Insurance2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Medina Health, LLC Maturity 10/20/2028 Industry Healthcare Providers and Services Current Coupon 10.85% Basis Point Spread Above Index 3M SOFR+6252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% NBH Group LLC (Revolver) Matrity 08/19/2026 Industry Healthcare Equipment and Supplies2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Arcfield Acquisition Corp. (Revolver) Maturity 08/04/2028 Industry Aerospace and Defense2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% EDS Buyer, LLC. (Revolver) Maturity 01/10/2029 Industry Electronic Equipment, Instruments, and Components2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Applied Technical Services, LLC Maturity 12/29/2026 Industry Commercial Services & Supplies Current Coupon 11.54% Basis Point Spread Above Index SOFR+6152023-09-300001504619pflt:HealthcareEducationAndChildcareMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Inventus Power, Inc. Maturity 06/30/2025 Industry Electronic Equipment, Instruments, and Components Current Coupon 12.93% Basis Point Spread Above Index 1M SOFR+7612022-10-012023-09-300001504619pflt:TwoThousandAndThirtyOneAssetBackedDebtMember2019-09-300001504619pflt:LitigationMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Compex Legal Services, Inc. (Revolver), Maturity 02/07/2025, Industry Professional Services2023-09-300001504619pflt:TwoThousandAndThirtyOneAssetBackedDebtMemberpflt:ClassA1SeniorSecuredFloatingRateNotesDue2031Member2019-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Holdco Sands Intermediate, LLC, Maturity 11/23/2028, Industry Aerospace and Defense, Current Coupon 11.32%, Basis Point Spread Above Index 6M SOFR+5852023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Ad.net Acquisition, LLC, Maturity 05/07/2026, Industry Media, Current Coupon 11.65%, Basis Point Spread Above Index 3M SOFR+6262023-09-300001504619Related Party PSSL, Total Investments - 1,415.0%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% The Bluebird Group LLC (Revolver) Maturity 07/28/2026 Industry Professional Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Municipal Emergency Services, Inc. Industry Distributors2022-10-012023-09-300001504619pflt:PennantParkTSOSeniorLoanFundLPMember2021-04-012021-04-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Aftermarket Drivetrain Products Holdings, LLC Industry Auto Components2023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:LongTermCreditFacilityMember2024-09-300001504619pflt:RiskInSubjectToStockholderActivismMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Beta Plus Technologies, Inc. Maturity 7/1/2029 Industry Business Services Current Coupon 11.14% Basis Point Spread Above Index SOFR+5752023-09-300001504619pflt:PennantParkTSOSeniorLoanFundLPMember2021-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Output Services Group, Inc. - First-out Term Loan Maturity 11/30/2028 Industry Business Services Current Coupon 13.75% Basis Point Spread Above Index 3M SOFR+8432024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Crane 1 Services, Inc.. Maturity 8/16/2027 Industry Commercial Services & Supplies Current Coupon 10.90% Basis Point Spread Above Index SOFR+5512023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Riverpoint Medical, LLC (Revolver) Maturity 06/20/2025 Industry Healthcare Equipment and Supplies2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Carisk Buyer, Inc. - Unfunded Term Loan Maturity 12/01/2029 Industry Healthcare Technology2024-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:TwoThousandAndThirtyOneAssetBackedDebtMember2023-10-012024-09-300001504619pflt:ControlledAffiliatedInvestmentsMember2021-10-012022-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Broder Bros., Co. Maturity 12/04/2025 Industry Consumer Products Current Coupon 10.97% Basis Point Spread Above Index SOFR+6112023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% LAV Gear Holdings, Inc. Maturity 10/31/2025 Industry Capital Equipment Current Coupon 11.64% Basis Point Spread Above Index 1M SOFR+6402024-09-300001504619us-gaap:HealthcareSectorMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Anteriad Holdings, LP (f/k/a MeritDirect Holdings, LP) Industry Media2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Megawatt Acquisitionco, Inc Maturity 03/01/2030 Industry Electronic Equipment, Instruments, and Components Current Coupon 9.85% Basis Point Spread Above Index SOFR+5252024-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassB2SeniorSecuredFixedRateNotesDue2036Member2024-02-290001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Infinity Home Services Holdco, Inc. - Unfunded Term Loan Maturity 12/28/2023 Industry Commercial Services & Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TransGo, LLC Maturity 12/29/2028 Industry Auto Components Current Coupon 10.60% Basis Point Spread Above Index 3M SOFR+5752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% North Haven Saints Equity Holdings, LP Industry Healthcare Providers and Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Urology Management Holdings, Inc. Maturity 06/15/2027 Industry Healthcare Providers and Services Current Coupon 10.52% Basis Point Spread Above Index 3M SOFR+5502023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name CHA Holdings, Inc..Maturity 4/10/2025 Industry Construction and Engineering Current Coupon 10.15% Basis Point Spread Above Index SOFR+4762023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Sales Benchmark Index LLC (Revolver), Maturity 01/03/2025, Industry Professional Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Five Star Buyer, Inc. (Revolver) Maturity 02/23/2028 Industry Hotels, Restaurants and Leisure2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Magenta Buyer, LLC Maturity 7/31/2028 Industry Software Current Coupon 10.63% Basis Point Spread Above Index SOFR+5002022-10-012023-09-300001504619pflt:TwoThousandTwentySixNotesPayableMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Pacific Purchaser, LLC - (Revolver) Maturity 09/30/2028 Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ox Two, LLC Maturity 05/18/2026 Industry Construction and Building Current Coupon 11.12% Basis Point Spread Above Index 3M SOFR+6512024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Sargent & Greenleaf Inc. (Revolver) Maturity 12/20/2024 Industry Electronic Equipment, Instruments, and Components Current Coupon 12.92% Basis Point Spread Above Index 1M SOFR+7602022-10-012023-09-300001504619Controlled Affiliated Investments2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, By Light Investco LP, Industry High Tech Industries2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Archer Lewis, LLC - Unfunded Revolver Maturity 08/28/2029 Industry Healthcare Technology2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% By Light Investco LP Industry High Tech Industries2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Magnolia Topco LP - Class A Common Equity, Industry Automobiles2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name TPC Canada Parent, Inc. and TPC US Parent, LLC Maturity 11/24/2025 Industry Consumer Goods: Non-Durable Current Coupon 10.84% Basis Point Spread Above Index SOFR+5652023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, First Lien Senior Secured Debt - 101.9%, Wildcat Buyerco, Inc. (Revolver), Maturity 02/27/2026, Industry Electronic Equipment, Instruments, and Components2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Five Star Buyer, Inc. (Revolver) Maturity 02/23/2028 Industry Hotels, Restaurants and Leisure2024-09-300001504619pflt:RisksRelatingToObligationToPayInvestmentAdviserIncentiveCompensationMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Broder Bros., Co., Maturity 12/04/2025, Industry Textiles, Apparel and Luxury Goods, Current Coupon 11.50%, Basis Point Spread Above Index 3M SOFR+6262022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Imagine Acquisitionco, LLC Maturity 11/15/2027 Industry Software Current Coupon 10.72% Basis Point Spread Above Index SOFR+5352022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Applied Technical Services, LLC - DDTL Unfunded Maturity 12/29/2026 Industry Commercial Services & Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Sigma Defense Systems, LLC (Revolver) Maturity 12/18/2027 Industry IT Services2023-10-012024-09-300001504619pflt:AssetBackedDebt2031Fiscal2022Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Subordinate Debt - 0.3% StoicLane, Inc. - Convertible Notes Maturity 08/15/2027 Industry Healthcare Technology Current Coupon 12.00%2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% HW Holdco, LLC (Revolver) Maturity 05/10/2026 Industry Media2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (American Insulated Glass, LLC), Icon Partners V C, L.P, Industry Internet Software and Services One2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MDI Buyer, Inc. (Revolver) Maturity 07/25/2028 Industry Commodity Chemicals2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Hills Distribution, Inc Maturity 11/08/2029 Industry Business Services Current Coupon 11.11% Basis Point Spread Above Index SOFR+6002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% FedHC InvestCo LP One Industry Aerospace and Defense2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Preferred Equity— 1.8%, NXOF Holdings, Inc. (Tyto Athene, LLC), Industry IT Services2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MDI Buyer, Inc. - Incremental Maturity 07/25/2028 Industry Chemicals, Plastics and Rubber Current Coupon 11.25% Basis Point Spread Above Index SOFR+6002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Quanti Tech InvestCo LP, Industry Aerospace and Defense One2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Smartronix, LLC Maturity 11/23/2028 Industry Aerospace and Defense Current Coupon 10.35% Basis Point Spread Above Index SOFR+6102024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Watchtower Intermediate, LLC - Unfunded Term Loan Maturity 12/01/2025 Industry Electronic Equipment, Instruments, and Components2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Sargent & Greenleaf Inc. Maturity 12/20/2024 Industry Electronic Equipment, Instruments, and Components Current Coupon 11.45% (PIK 1.00%) Basis Point Spread Above Index 1M SOFR+7602023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MOREGroup Holdings, Inc. - Unfunded Term Loan Matrity 01/16/2030 Industry Construction & Engineering2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% AFC Dell Holding Corp. - Unfunded Term Loan Maturity 04/09/2027 Industry Distributors2023-10-012024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies—40.0% First Lien Secured Debt—31.3% Marketplace Events, LLC Maturity 09/30/2025 Industry Media: Diversified and Production Current Coupon 10.26% Basis Point Spread Above Index 3M SOFR+5402024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Signature Systems Holding Company Maturity 05/03/2024 Industry Commercial Services & Supplies Current Coupon 12.04% Basis Point Spread Above Index 1M L+6652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Rancho Health MSO, Inc. (Revolver), Maturity 11/18/2025, Industry Healthcare Equipment and Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Meadowlark Acquirer, LLC Maturity 12/10/2027 Industry Professional Services Current Coupon 11.04% Basis Point Spread Above Index 3M SOFR+5652022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Recteq, LLC Maturity 1/29/2026 Industry Leisure Productss Current Coupon 12.54% Basis Point Spread Above Index SOFR+7002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Cartessa Aesthetics, LLC (Preferred) Industry Distributors2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Pragmatic Institute, LLC (Revolver), Maturity 07/06/2028 Industry Professional Services Current Coupon 12.82% (PIK 12.085%) Basis Point Spread Above Index 3M SOFR+7502024-09-300001504619us-gaap:FairValueInputsLevel3Member2022-09-300001504619pflt:FirstLienMemberpflt:InvestmentsFairValueMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% SV Aero Holdings, LLC Industry Aerospace and Defense2024-09-300001504619pflt:DistributorsMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Wildcat Buyerco, Inc. Maturity 02/26/2027 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.60% Basis Point Spread Above Index 3M SOFR+5752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% LJ Avalon Holdings, LLC - Unfunded Term Loan Maturity 02/01/2030 Industry Construction & Engineering2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, HW Holdco, LLC (Revolver), Maturity 12/10/2024, Industry Media2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC Term Loan B, Maturity 07/31/2025, Industry Diversified Consumer Services, Current Coupon 11.04%, Basis Point Spread Above Index 3M SOFR+5502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% A1 Garage Equity, LLC Industry Commercial Services & Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Beacon Behavioral Support Service, LLC - Unfunded Revolver Maturity 06/21/2029 Industry Healthcare Providers and Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% System Planning and Analysis, Inc. (f/k/a Management Consulting & Research, LLC) (Revolver) Maturity 08/16/2027 Industry Aerospace and Defense2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Infinity Home Services Holdco, Inc. Maturity 12/28/2028 Industry Commercial Services & Supplies Current Coupon 11.45% Basis Point Spread Above Index SOFR+6852023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% OHCP V BC COI, L.P. Industry Distributors2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Marketplace Events, LLC Maturity 09/30/2026 Industry Media: Diversified and Production Current Coupon 10.53% Basis Point Spread Above Index SOFR+5252024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name The Vertex Companies, LLC Maturity 08/31/2027 Industry Construction and Engineering Current Coupon 10.95% Basis Point Spread Above Index SOFR+6102023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Blackhawk Industrial Distribution, Inc, Maturity 09/17/2026, Industry Distributors2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Imagine Acquisitionco, LLC (Revolver) Maturity 11/15/2027 Industry Software2024-09-300001504619pflt:SeniorSecuredRevolvingCreditFacilityMember2023-08-310001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Duraco Specialty Tapes LLC, Maturity 06/30/2024, Industry Containers and Packaging, Current Coupon 11.93%, Basis Point Spread Above Index 1M SOFR+6502023-09-300001504619pflt:SecondLienMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2023-09-300001504619srt:MaximumMember2023-10-012024-09-300001504619us-gaap:EquityMemberpflt:InvestmentsFairValueMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Kinetic Purchaser, LLC, Industry Personal Products2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Preferred Equity— 1.8%, Gauge Schlesinger Coinvest LLC (Preferred Equity), Industry Professional Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lightspeed Buyer Inc. (Revolver) Maturity 02/03/2026 Industry Healthcare Technology2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Megawatt Acquisition Partners, LLC - Common A Equity Industry Electronic Equipment, Instruments, and Components2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Crane 1 Services, Inc. Maturity 08/16/2027 Industry Commercial Services & Supplies Current Coupon 10.71% Basis Point Spread Above Index SOFR+5862024-09-300001504619us-gaap:FairValueMeasuredAtNetAssetValuePerShareMemberpflt:FirstLienMember2024-09-300001504619us-gaap:FairValueInputsLevel1Member2023-09-300001504619Cash and Cash Equivalents - 12.8%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Omnia Exterior Solutions, LLC - Unfunded Term Loan Matrity 12/30/2024 Industry Diversified Consumer Services2024-09-300001504619pflt:HotelsRestaurantsAndLeisureMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, CF512, Inc., Maturity 08/20/2026, Industry Media, Current Coupon 11.59%, Basis Point Spread Above Index 3M SOFR+6192023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% PL Acquisitionco, LLC (Preferred Equity) Industry Textiles, Apparel and Luxury Goods2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Total Second Lien Secured Debt - 0.0%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% AG Investco LP One Industry Software2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Owl Acquisition, LLC Maturity 12/24/2028 Industry Professional Services Current Coupon 10.80% Basis Point Spreads Above Index SOFR+5752023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name PH Beauty Holdings III, Inc. Maturity 09/29/2025 Industry Wholesale Current Coupon 10.17% Basis Point Spread Above Index SOFR+5432023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Pragmatic Institute, LLC (Revolver), Maturity 07/06/2028 Industry Professional Services Current Coupon 12.82% (PIK 12.085%) Basis Point Spread Above Index 3M SOFR+7502023-10-012024-09-300001504619pflt:CreditFacilityFiscal2020Member2024-09-300001504619pflt:TwoThousandAndThirtyOneAssetBackedDebtMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Spendmend Holdings LLC (Revolver) Maturity 03/01/2028 Industry Healthcare Technology2022-10-012023-09-300001504619pflt:SeniorSecuritiesMember2018-04-062018-04-060001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Five Star Buyer, Inc., Maturity 02/23/2028, Industry Hotels, Restaurants and Leisure, Current Coupon 12.43%, Basis Point Spread Above Index 1M SOFR+7102022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% TPC Holding Company, LP Industry Food Products2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name System Planning and Analysis, Inc. (f/k/a Management Consulting & Research, LLC) Maturity 08/16/2027 Industry Aerospace and Defense Current Coupon 10.26% Basis Point Spread Above Index SOFR+5002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Lightspeed Investment Holdco LLC Industry Healthcare Technology2024-09-300001504619pflt:ControlledAffiliatedInvestmentsMemberpflt:MarketplaceEventsLLCMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% DUGGAL EQUITY, LP – Common Equity Industry Marketing Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Hancock Roofing and Construction L.L.C. (Revolver) Maturity 12/31/2026 Industry Insurance Current Coupon 10.45% Basis Point Spread Above Index 3M SOFR+5602024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name HEC Purchaser Corp Maturity 06/17/2029 Industry Healthcare and Pharmaceuticals Current Coupon 9.75% Basis Point Spread Above Index SOFR+5502024-09-300001504619pflt:RisksRelatingToIncentiveFeePayableInduceToInvestmentAdviserMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Hancock Roofing and Construction L.L.C. (Revolver) Maturity 12/31/2026 Industry Insurance2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name LJ Avalon Holdings, LLC Maturity 1/31/2030 Industry Environmental Industries Current Coupon 11.77% Basis Point Spread Above Index SOFR+6402022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ITI Holdings, Inc. (Revolver) Maturity 03/03/2028 Industry IT Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, A1 Garage Merger Sub, LLC - Unfunded Term Loan, Maturity 12/22/2028, Industry Commercial Services & Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Pink Lily Holdco, LLC (PL Acquisitions, LLC), Industry Textiles, Apparel and Luxury Goods2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Big Top Holdings, LLC Maturity 02/28/2030 Industry Business Services Current Coupon 11.18% Basis Point Spread Above Index SOFR+6252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Ad.net Holdings, Inc. Industry Media2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Arcfield Acquisition Corp. (Revolver) Maturity 08/03/2029 Industry Aerospace and Defense Current Coupon 11.56% Basis Point Spread Above Index 1M SOFR+6252023-10-012024-09-300001504619pflt:TwoThousandThirtyOneAssetBackedDebtMember2024-07-310001504619us-gaap:FinancingReceivables30To59DaysPastDueMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Any Hour Services, Maturity 07/21/2027, Industry Energy Equipment and Services, Current Coupon 11.22%, Basis Point Spread Above Index 3M SOFR+5852023-09-300001504619Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Applied Technical Services, LLC (Revolver), Maturity 12/29/2026, Industry Commercial Services & Supplies, Current Coupon 13.25%, Basis Point Spread Above Index 3M SOFR+4752022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ORL Acquisition, Inc. (Revolver) Matrity 09/03/2027 Industry Consumer Finance2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Recteq, LLC (Revolver) Maturity 01/29/2026 Industry Leisure Products2024-09-300001504619Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Lash OpCo, LLC Maturity 02/18/2027 Industry Personal Products Current Coupon 11.88% Basis Point Spread Above Index 1M SOFR+6752022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% IHS Parent Holdngs, L.P. Industry Commercial Services & Supplies2023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:TwoThousandThirtySixAssetBackedDebtMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Sigma Defense Systems, LLC (Revolver) Maturity 12/18/2025 Industry IT Services Current Coupon 14.04% Basis Point Spread Above Index 3M L+8652023-09-300001504619pflt:TwoThousandTwentySixNotesPayableMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC (Revolver), Maturity 07/31/2025, Industry Diversified Consumer Services, Current Coupon 10.86%, Basis Point Spread Above Index 3M SOFR+5252022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Meadowlark Title, LLC, Industry Professional Services2023-09-300001504619pflt:TwoThousandTwentySixNotesPayableMember2021-10-310001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Confluent Health, LLC Maturity 10/28/2028 Industry Healthcare and Pharmaceuticals Current Coupon 8.96% Basis Point Spread Above Index SOFR+400Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Confluent Health, LLC Maturity 10/28/2028 Industry Healthcare and Pharmaceuticals Current Coupon 8.96% Basis Point Spread Above Index SOFR+4002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Pink Lily Holdco, LLC Industry Textiles, Apparel and Luxury Goods2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% GGG MIDCO, LLC Maturity 09/27/2030 Industry Diversified Consumer Services Current Coupon 9.64% Basis Point Spread Above Index 3M SOFR+5002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (Integrative Nutrition, LLC), IHS Parent Holdngs, L.P, Industry Commercial Services & Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% Tyto Athene, LLC Maturity 04/01/2028 Industry IT Services Current Coupon 10.90% Basis Point Spread Above Index 3M SOFR+5652023-09-300001504619us-gaap:FairValueInputsLevel2Memberpflt:TwoThousandTwentySixNotesPayableMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% HV Watterson Holdings, LLC Industry Professional Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Municipal Emergency Services, Inc. - Unfunded Term Loan B Maturity 12/16/2024 Industry Distributors2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Safe Haven Defense US, LLC Maturity 05/23/2029 Industry Construction and Building Current Coupon 9.85% Basis Point Spread Above Index SOFR+5252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% UniTek Global Services, Inc. - Senior Preferred Equity Industry Telecommunications Current Coupon 19.00%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (Integrative Nutrition, LLC), IHS Parent Holdngs, L.P, Industry Commercial Services & Supplies2023-09-300001504619pflt:FollowOnInvestmentsInPortfolioMember2023-10-012024-09-300001504619pflt:InvestmentOpportunitiesMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Owl Acquisition, LLC Maturity 02/04/2028 Industry Professional Services Current Coupon 10.80% Basis Point Spread Above Index 6M SOFR+5502022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Urology Management Holdings, Inc, Maturity 6/15/2026, Industry Healthcare and Pharmaceuticals, Current Coupon 11.79%, Basis Point Spread Above Index SOFR+5652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, By Light Professional IT Services, LLC (Revolver), Maturity 05/16/2025, Industry High Tech Industries2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Municipal Emergency Services, Inc. (Revolver) Maturity 10/01/2027 Industry Distributors2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% QuantiTech InvestCo LP One Industry Aerospace and Defense2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% TAC LifePort Holdings, LLC Industry Aerospace and Defense2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Owl Acquisition, LLC Maturity 02/04/2028 Industry Professional Services Current Coupon 10.20% Basis Point Spread Above Index SOFR+5352024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PlayPower, Inc. - Unfunded Revolver Maturity 08/28/2030 Industry Leisure Products2024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:SecondLienMember2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name ACP Falcon Buyer, Inc. Maturity 08/01/2029 Industry Business Services Current Coupon 10.83% Basis Point Spread Above Index SOFR+5502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ARGANO, LLC – Unfunded Revolver Maturity 09/13/2029 Industry Business Services2023-10-012024-09-300001504619pflt:Notes2026Fiscal2023Member2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Urology Management Holdings, Inc. Maturity 06/15/2026 Industry Healthcare and Pharmaceuticals Current Coupon 10.76% Basis Point Spread Above Index SOFR+5502023-10-012024-09-300001504619pflt:TwoThousandAndThirtyOneAssetBackedDebtMemberpflt:ClassDSecuredDeferrableFloatingRateLoansDue2031Member2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Team Services Group, LLC, Maturity 11/24/2024, Industry Healthcare and Pharmaceuticals, Current Coupon 10.75%, Basis Point Spread Above Index SOFR+5002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% HPA SPQ Aggregator LP Industry Professional Services2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name BioDerm, Inc. Maturity 01/31/2028 Industry Healthcare and Pharmaceuticals Current Coupon 11.70% Basis Point Spread Above Index SOFR+6502024-09-300001504619pflt:ChemicalsPlasticsAndRubberMember2024-09-300001504619pflt:FirstLienSecuredDebtMemberpflt:PennantParkSeniorSecuredLoanFundILLCMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Connatix Buyer, Inc., Maturity 07/13/2027, Industry Media2023-09-300001504619Related Party PSSL Equity Securities - 10.5% - Issuer Name New MPE Holdings, LLC, Industry Diversified Consumer Services2023-10-012024-09-300001504619pflt:InflationMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Arcfield Acquisition Corp. (Revolver), Maturity 08/04/2028, Industry Aerospace and Defense2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, BioDerm Holdings, LP, Industry Healthcare Equipment and Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% UniTek Global Services, Inc.(W) Industry Telecommunications2023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMemberpflt:FirstLienMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Dr. Squatch, LLC, Maturity 08/31/2027, Industry Personal Products, Current Coupon 11.24%, Basis Point Spread Above Index 3M SOFR+5852023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% FedHC InvestCo LP Industry Aerospace and Defense One2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RRA Corporate, LLC - Unfunded Revolver Maturity 08/15/2029 Industry Diversified Consumer Services2023-10-012024-09-300001504619pflt:PennantParkSeniorSecuredLoanFundILLCMember2021-10-012022-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% GGG MIDCO, LLC – Unfunded Revolver Maturity 09/27/2030 Industry Diversified Consumer Services2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Integrative Nutrition, LLC Maturity 1/31/2025 Industry Diversified Consumer Services Current Coupon 12.54% Basis Point Spread Above Index SOFR+7002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Integrated Data Services (Revolver) Maturity 08/01/2029 Industry Professional Services2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Transgo, LLC Maturity 12/29/2028 Industry Automotive Current Coupon 10.60% Basis Point Spread Above Index SOFR+5752024-09-300001504619us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputEbitdaMultipleMembersrt:MaximumMemberpflt:ValuationTechniqueEnterpriseMarketValueMemberpflt:FirstLienMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% DRI Holding Inc. Maturity 12/21/2028 Industry Media Current Coupon 10.20% Basis Point Spread Above Index 3M SOFR+5352024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MBS Holdings, Inc. (New Issue) - Incremental Maturity 04/16/2027 Industry Internet Software and Services Current Coupon 11.34% Basis Point Spread Above Index SOFR+6602023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Team Services Group, LLC Maturity 11/24/2028 Industry Healthcare and Pharmaceuticals Current Coupon 9.95% Basis Point Spread Above Index SOFR+5002023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name LAV Gear Holdings, Inc. - Term Loan Incremental Maturity 10/31/2025 Industry Capital Equipment Current Coupon 11.64% Basis Point Spread Above Index SOFR+6402024-09-300001504619Total Investments and Cash Equivalents - 238.9%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Cadence Aerospace, LLC, Maturity 11/14/2023, Industry Aerospace and Defense, Current Coupon 12.07%, Basis Point Spread Above Index 3M SOFR+6652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Integrative Nutrition, LLC Maturity 01/31/2025 Industry Consumer Services Current Coupon 12.54% Basis Point Spread Above Index 3M SOFR+7152022-10-012023-09-300001504619srt:MinimumMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Mars Acquisition Holdings Corp. (Revolver) Maturity 05/14/2026 Industry Media2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Infinity Home Services Holdco, Inc. - Unfunded Term Loan Maturity 12/28/2028 Industry Commercial Services & Supplies2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Lightspeed Buyer Inc. (Revolver) Maturity 02/03/2026 Industry Healthcare Technology2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Omnia Exterior Solutions, LLC (Revolver) Matrity 12/29/2029 Industry Diversified Consumer Services2024-09-300001504619pflt:PennantParkSeniorSecuredMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Integrated Data Services (Revolver) Maturity 08/01/2029 Industry Professional Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% TAC LifePort Holdings, LLC Industry Aerospace and Defense2023-09-300001504619pflt:SBADebenturesMember2019-09-012019-09-300001504619pflt:TwoThousandTwentySixNotesPayableMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Tower Arch Infolinks Media, LP (Infolinks Media Buyco, LLC) Industry Media2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% HW Holdco, LLC (Revolver) Maturity 05/10/2026 Industry Media2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% NEPRT Parent Holdings, LLC (Recteq, LLC) Industry Leisure Products2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Inventus Power, Inc. Maturity 06/30/2025 Industry Electronic Equipment, Instruments, and Components Current Coupon 12.93% Basis Point Spread Above Index 1M SOFR+7612023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name ACP Avenu Buyer, LLC Maturity 10/02/2029 Industry Business Services Current Coupon 10.58% Basis Point Spread Above Index SOFR+5252023-10-012024-09-300001504619pflt:CreditFacilityFiscal2018Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Icon Partners V C, L.P. Industry Internet Software and Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Altamira Intermediate Company II, Inc. Industry IT Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% PennantPark-TSO Senior Loan Fund, LP Industry Financial Services2024-09-300001504619pflt:AssetBackedDebt2031Fiscal2021Member2024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:SecondLienSubordinatedDebtAndEquityInvestmentsMember2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Cartessa Aesthetics, LLC Maturity 06/14/2028 Industry Distributors Current Coupon 10.35% Basis Point Spread Above Index SOFR+5752023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Solutionreach, Inc. Maturity 07/17/2025 Industry Healthcare and Pharmaceuticals Current Coupon 12.40% Basis Point Spread Above Index SOFR+7152024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Anteriad, LLC (f/k/a MeritDirect, LLC), Maturity 05/23/2024, Industry Media, Current Coupon 11.04%, Basis Point Spread Above Index 3M SOFR+5652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Delta InvestCo LP (Sigma Defense Systems, LLC) One Industry IT Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% QuantiTech InvestCo II LP Industry Aerospace and Defense2024-09-300001504619pflt:PennantParkSeniorSecuredLoanFundILLCMemberpflt:InvestmentInSinglePortfolioCompanyMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Beacon Behavioral Support Service, LLC Maturity 06/21/2029 Industry Healthcare Providers and Services Current Coupon 10.10% (PIK 15.00%) Basis Point Spread Above Index 3M SOFR+5252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% HV Watterson Holdings, LLC Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Carnegie Dartlet, LLC Maturity 02/07/2030 Industry Professional Services Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+5502023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Ad.net Holdings, Inc. Industry Media2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Infinity Home Services Holdco, Inc. (Revolver) Maturity 12/28/2028 Industry Commercial Services & Supplies2023-09-300001504619pflt:NotReceiveCashOnEquityInterestsFromFundingMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Neptune Flood Incorporated - Revolver Unfunded Maturity 05/09/2029 Industry Insurance2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% WCP IvyRehab QP CF Feeder, LP One Industry Healthcare Providers and Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Kinetic Purchaser, LLC Maturity 11/10/2027 Industry Personal Products Current Coupon 11.54% Basis Point Spread Above Index 3M SOFR+6152023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Five Star Parent Holdings, LLC Industry Hotels, Restaurants and Leisure2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, RFMG Parent, LP (Rancho Health MSO, Inc.), Industry Healthcare Equipment and Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Magnolia Topco LP - Class A Preferred Equity Industry Automobiles2023-09-300001504619pflt:ConflictsOfInterestRiskMember2023-10-012024-09-300001504619pflt:TwoThousandTwentyThreeNotesMember2020-03-012020-03-310001504619pflt:AerospaceAndDefenseMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% SP L2 Holdings, LLC (Ledge Lounger, Inc.) Industry Leisure Products2024-09-300001504619pflt:ControlledAffiliatedInvestmentsMemberpflt:MarketplaceEventsLLCMember2022-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Reception Purchaser, LLC Maturity 02/28/2028 Industry Air Freight and Logistics Current Coupon 10.75% Basis Point Spread Above Index SOFR+6152024-09-3000015046192023-01-012023-03-310001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Ad.net Acquisition, LLC Maturity 05/07/2026 Industry Media Current Coupon 11.28% Basis Point Spread Above Index SOFR+6262024-09-300001504619pflt:NonControlledNonAffiliatedInvestmentsMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% Seaway Topco, LP Industry Chemicals, Plastics and Rubber2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Walker Edison Holdco LLC Industry Healthcare Providers and Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% S101 Holdings, Inc. Maturity 12/29/2026 Industry Electronic Equipment, Instruments, and Components Current Coupon 11.48% Basis Point Spread Above Index 3M SOFR+6152024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Ad.net Acquisition, LLC (Revolver), Maturity 05/07/2026, Industry Media, Current Coupon 11.65%, Basis Point Spread Above Index 3M SOFR+6262023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Quantic Electronics, LLC Maturity 11/19/2026 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.95% Basis Point Spread Above Index 3M SOFR+6352024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Anteriad, LLC (f/k/a MeritDirect, LLC) Maturity 06/30/2026 Industry Media Current Coupon 10.50% Basis Point Spread Above Index 3M SOFR+5902023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, A1 Garage Merger Sub, LLC - Unfunded Term Loan, Maturity 12/22/2028, Industry Commercial Services & Supplie2022-10-012023-09-300001504619pflt:MediaMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Blackhawk Industrial Distribution, Inc. Maturity 09/17/2026 Industry Distributors Current Coupon 10.90% Basis Point Spread Above Index 3M SOFR+6402024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Meadowlark Acquirer, LLC Maturity 12/10/2027 Industry Professional Services Current Coupon 11.04% Basis Point Spread Above Index SOFR+5652023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Arcfield Acquisition Corp. Maturity 8/3/2029 Industry Aerospace and Defense Current Coupon 11.62% Basis Point Spread Above Index SOFR+6252023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Magnolia Topco LP - Class B Preferred Equity Industry Automobiles2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Preferred Equity— 1.8%, TPC Holding Company, LP, Industry Food Products2023-09-300001504619Related Party PSSL, Equity - 100.0%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TransGo, LLC (Revolver) Maturity 12/29/2028 Industry Auto Components2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Municipal Emergency Services, Inc. Industry Distributors2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Hancock Claims Consultants Investors, LLC (Preferred Equity) Industry Insurance2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% NORA Acquisition, LLC Matrity 08/31/2029 Industry Healthcare Providers and Services Current Coupon 10.95% Basis Point Spread Above Index 3M SOFR+6352023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% SBI Holdings Investments LLC (Sales Benchmark Index LLC) Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TCG 3.0 Jogger Acquisitionco, Inc. Maturity 01/26/2029 Industry Media Current Coupon 11.83% Basis Point Spread Above Index 3M SOFR+6502023-10-012024-09-300001504619pflt:ClassC1SecuredDeferrableFloatingRateNotesDue2031Memberpflt:TwoThousandAndThirtyOneAssetBackedDebtMember2019-09-012019-09-300001504619First Lien Secured Debt - 1,330.4%2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Magnolia Topco LP - Class A Common Equity One Industry Automobiles2023-10-012024-09-300001504619Related Party PSSL Equity Securities - 10.5% - Issuer Name Output Services Group, Inc Industry Business Services2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name HW Holdco, LLC Maturity 12/10/2024 Industry Media Current Coupon 11.75% Basis Point Spread Above Index SOFR+6402022-10-012023-09-300001504619 Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MBS Holdings, Inc. - Funded Revolver Maturity 04/16/2027 Industry Internet Software and Services Current Coupon 10.95% Basis Point Spread Above Index 3M SOFR+5852023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% WCP Ivyrehab QP CF Feeder, LP. - Unfunded Industry Healthcare Providers and Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% WCP IvyRehab QP CF Feeder, LP One Industry Healthcare Providers and Services2023-09-3000015046192022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Schlesinger Global, Inc. (Revolver) Maturity 07/14/2025 Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Quantic Electronics, LLC (Revolver) Maturity 11/19/2026 Industry Electronic Equipment, Instruments, and Components2024-09-3000015046192021-03-012021-03-310001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Zips Car Wash, LLC Maturity 12/31/2024 Industry Automobiles Current Coupon 12.46% (PIK 1.5%) Basis Point Spread Above Index 3M SOFR+7402024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ox Two, LLC (Revolver) Maturity 05/18/2026 Industry Construction and Building2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% ORL Holdco, Inc. Industry Consumer Finance2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Spendmend Holdings LLC (Revolver) Maturity 03/01/2028 Industry Healthcare Technology Current Coupon 11.03% Basis Point Spread Above Index 1M SOFR+5652022-10-012023-09-300001504619pflt:HealthcareEquipmentAndSuppliesMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Tower Arch Infolinks Media, LP (Infolinks Media Buyco, LLC) One Industry Media2023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:EquityMethodInvestmentsMemberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMember2023-09-300001504619pflt:FoodProductsMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Blackhawk Industrial Distribution, Inc. (Revolver) Maturity 09/17/2026 Industry Distributors Current Coupon 11.04% Basis Point Spread Above Index 3M SOFR+6402023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Urology Partners Co., L.P. Industry Healthcare Providers and Services2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name The Aegis Technologies Group, LLC, Maturity 10/31/2025, Industry Aerospace and Defense, Current Coupon 12.04%, Basis Point Spread Above Index SOFR+6652022-10-012023-09-300001504619Non-Qualifying Assets2023-09-300001504619pflt:FirstLienInPSSLMemberpflt:InvestmentsFairValueMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Spendmend Holdings LLC Maturity 03/01/2028 Industry Healthcare Technology Current Coupon 11.03% Basis Point Spread Above Index 3M SOFR + 5652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% LSF9 Atlantis Holdings, LLC Maturity 06/30/2029 Industry Specialty Retail Current Coupon 9.85% Basis Point Spread Above Index 3M SOFR+5252023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Alpine Acquisition Corp II Maturity 11/30/2026 Industry Containers and Packaging Current Coupon 11.24% Basis Point Spread Above Index SOFR+6002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% NXOF Holdings, Inc. (Tyto Athene, LLC) Industry IT Services2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name TCG 3.0 Jogger Acquisitionco Maturity 01/23/2029 Industry Media Current Coupon 11.10% Basis Point Spread Above Index SOFR+6502024-09-300001504619pflt:NegativeCreditEventsMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Lucky Bucks, LLC Maturity 07/20/2027 Industry Hotels, Restaurants and Leisure Current Coupon 0.00%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Global Holdings InterCo LLC Maturity 03/16/2026 Industry Diversified Financial Services Current Coupon 11.43% Basis Point Spread Above Index 3M SOFR+6152024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name LJ Avalon Holdings, LLC Maturity 1/31/2030 Industry Environmental Industries Current Coupon 11.77% Basis Point Spread Above Index SOFR+6402023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Zips Car Wash, LLC Maturity 12/31/2024 Industry Automobiles Current Coupon 12.46% Basis Point Spread Above Index SOFR+7402023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% DUGGAL EQUITY, LP – Common Equity Industry Marketing Services2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name ITI Holdings, Inc Maturity 3/3/2028 Industry IT Services Current Coupon 11.06% Basis Point Spread Above Index SOFR+5602023-09-300001504619us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMemberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMember2023-09-300001504619pflt:ClassA2RNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2024-07-250001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Hancock Claims Consultants Investors, LLC Industry Insurance2022-10-012023-09-300001504619pflt:TwoThousandAndTwentySixNotesMember2021-03-012021-03-310001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, DRS Holdings III, Inc. (Revolver)), Maturity 11/03/2025, Industry Personal Products2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Subordinate Debt - 0.3% StoicLane, Inc. - Convertible Notes Maturity 08/15/2027 Industry Healthcare Technology Current Coupon 12.00%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, DRS Holdings III, Inc. (Revolver)), Maturity 11/03/2025, Industry Personal Products2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Anteriad, LLC (f/k/a MeritDirect, LLC) - (Revolver) Maturity 06/30/2026 Industry Media2023-10-012024-09-300001504619pflt:RiskRelatedToProvisionsOfMarylandGeneralCorporationLawCharterAndBylawsMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Integrity Marketing Acquisition, LLC - Unfunded Term Loan Maturity 08/31/2025 Industry Insurance2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Connatix Buyer, Inc. - Funded Revolver Maturity 07/13/2027 Industry Media Current Coupon 10.58% Basis Point Spread Above Index 3M SOFR+5762024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Ox Two, LLCC Maturity 5/18/202 Industry Construction and Buildings Current Coupon 12.90% Basis Point Spread Above Index SOFR+7502022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% Schlesinger Global, Inc. (Revolver) Maturity 07/14/2025 Industry Professional Services2022-10-012023-09-300001504619Related Party PSSL, Total Investments and Cash Equivalents —1,484.6%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% OHCP V BC COI, L.P. Industry Distributors2024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:SecondLienMemberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Meadowlark Acquirer, LLC (Revolver) Maturity 12/10/2027 Industry Professional Services2022-10-012023-09-300001504619pflt:CreditFacilityFiscal2015Member2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Kinetic Purchaser, LLC Maturity 11/10/2027 Industry Personal Products Current Coupon 10.75% Basis Point Spread Above Index SOFR+6152023-10-012024-09-300001504619pflt:MetalsAndMiningMember2024-09-300001504619pflt:HotelsRestaurantsAndLeisureMember2024-09-300001504619pflt:RiskInImpactOfRecentFinancialReformLegislationMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Magnolia Topco LP - Class B Preferred Equity Industry Automobiles2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Signature CR Intermediate Holdco, Inc. Industry Commercial Services & Supplies Current Coupon 12.00%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% OceanSound Discovery Equity, LP (Holdco Sands Intermediate, LLC) Industry Aerospace and Defense2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Riverpoint Medical, LLC, Maturity 06/20/2025, Industry Healthcare Equipment and Supplies, Current Coupon 10.54%, Basis Point Spread Above Index 3M SOFR+5152023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PAR Excellence Holdings, Inc. Maturity 09/03/2030 Industry Healthcare Technology Current Coupon 9.77% Basis Point Spread Above Index 3M SOFR+4752024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Spendmend Holdings LLC Maturity 03/01/2028 Industry Healthcare Technology Current Coupon 10.25% Basis Point Spread Above Index SOFR+5652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Rancho Health MSO, Inc. (Revolver) Maturity 12/18/2025 Industry Healthcare Equipment and Supplies2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Big Top Holdings, LLC - (Revolver) Maturity 02/28/2030 Industry Construction & Engineering2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% TPC Holding Company, LP Industry Food Products2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% MDI Buyer, Inc. (Revolver) Maturity 07/25/2028 Industry Commodity Chemicals2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Connatix Parent, LLC Industry Media2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% PCS Parent, LP - Common Equity Industry Professional Services2024-09-300001504619pflt:EconomicSanctionLawsFromTransactingMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% FedHC InvestCo LP Industry Aerospace and Defense2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ORL Acquisition, Inc. Matrity 09/03/2027 Industry Consumer Finance Current Coupon 14.00% (PIK 7.50%) Basis Point Spread Above Index 3M SOFR+9402023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ACP Avenu Buyer, LLC - Unfunded Term Loan Maturity 04/02/2025 Industry IT Services2024-09-300001504619pflt:RTwoThousandAndThirtySixAssetBackedDebtMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Aftermarket Drivetrain Products Holdings, LLC Industry Auto Components2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Apex Service Partners, LLC Term Loan C Maturity 7/31/2025 Industry Diversified Consumer Services Current Coupon 10.69% Basis Point Spread Above Index SOFR+5252023-09-300001504619pflt:Notes2023Fiscal2022Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Hancock Claims Consultants Investors, LLC Industry Insurance2024-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassDSecuredDeferrableFloatingRateNotesMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Gauge Schlesinger Coinvest LLC (Preferred Equity) Industry Professional Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Exigo Intermediate II, LLC (Revolver) Maturity 03/15/2027 Industry Software2024-09-300001504619Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Applied Technical Services, LLC (Revolver), Maturity 12/29/2026, Industry Commercial Services & Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, BioDerm, Inc. (Revolver), Maturity 01/31/2028, Industry Healthcare Equipment and Supplies, Current Coupon 11.81%, Basis Point Spread Above Index 1M SOFR+6502024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Burgess Point Purchaser Corporation Maturity 09/26/2029 Industry Automotive Current Coupon 10.20% Basis Point Spread Above Index SOFR+5352024-09-300001504619pflt:ClassCRNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2024-07-250001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Burgess Point Purchaser Corporation Maturity 07/25/2029 Industry Auto Components Current Coupon 10.20% Basis Point Spread Above Index 3M SOFR+5352023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ETE Intermediate II, LLC - Funded Revolver Maturity 05/25/2029 Industry Diversified Consumer Services Current Coupon 11.1% Basis Point Spread Above Index 3M SOFR+6502024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Dynata, LLC - Last Out Term Loan Maturity 10/15/2028 Industry Diversified Consumer Services Current Coupon 10.88% Basis Point Spread Above Index SOFR+5762024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Carnegie Dartlet, LLC Maturity 02/07/2030 Industry Media: Advertising, Printing & Publishing Current Coupon 10.60% Basis Point Spread Above Index SOFR+5502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Omnia Exterior Solutions, LLC - Unfunded Term Loan Matrity 12/30/2024 Industry Diversified Consumer Services2023-10-012024-09-300001504619pflt:TwoThousandTwentyThreeNotesMember2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Simplicity Financial Marketing Group Holdings Inc. - (Revolver) Maturity 12/02/2026 Industry Diversified Financial Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Total Common Equity/Warrants- 14.5%2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Exigo Intermediate II, LLC Maturity 03/15/2027 Industry Software Current Coupon 11.20% Basis Point Spread Above Index SOFR+6352024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Solutionreach, Inc. (Revolver) Maturity 07/17/2025 Industry Healthcare Technology2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Crane 1 Acquisition Parent Holdings, LP Industry Commercial Services & Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% HW Holdco, LLC Maturity 05/10/2026 Industry Media Current Coupon 11.2% Basis Point Spread Above Index 3M SOFR+5902024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Magnolia Topco LP - Class B Common Equity, Industry Automobiles2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Recteq, LLC Maturity 1/29/2026 Industry Leisure Productss Current Coupon 12.54% Basis Point Spread Above Index SOFR+7002022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% MSpark, LLC Industry Media: Advertising, Printing and Publishing2022-10-012023-09-300001504619pflt:RisksRelatingToInvestmentsMember2023-10-012024-09-300001504619Related Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name MAG DS Corp Maturity 7/31/2028 IndustryAerospace and Defense Current Coupon 10.99% Basis Point Spread Above Index SOFR+550Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Lucky Bucks,LLC - OpCo DIP Loans Maturity 9/30/2025 Industry Hotel, Gaming and Leisure Current Coupon 15.33% Basis Point Spread Above Index SOFR+10002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Delta InvestCo LP (Sigma Defense Systems, LLC), Industry IT Services2023-09-300001504619pflt:MediaDiversifiedAndProductionMember2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Meadowlark Acquirer, LLC Maturity 12/10/2027 Industry Professional Services Current Coupon 10.50% Basis Point Spread Above Index SOFR+5902024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Go Dawgs Capital III, LP (American Insulated Glass, LLC) Industry Building Products2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Rural Sourcing Holdings, Inc. (HPA SPQ Merger Sub, Inc.) - Unfunded Term Loan, Maturity 06/15/2029, Industry Professional Services2022-10-012023-09-300001504619pflt:TwoThousandAndThirtyOneAssetBackedDebtMember2024-09-300001504619pflt:AssumesReturnOnlyFromRealizedCapitalGainsMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Seaway Buyer, LLC Maturity 06/13/2029 Industry Chemicals, Plastics and Rubber Current Coupon 10.75% Basis Point Spread Above Index SOFR+6152023-10-012024-09-300001504619us-gaap:FinancingReceivables30To59DaysPastDueMember2024-09-300001504619pflt:AssetBackedDebt2031Fiscal2024Member2024-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassA1SeniorSecuredFloatingRateNotesDue2036Member2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Mission Critical Electronics, Inc. Maturity 03/31/2025 Industry Capital Equipment Current Coupon 11.02% Basis Point Spread Above Index 3M SOFR+5902024-09-3000015046192023-10-012023-12-310001504619Investments - 163.3%2023-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMember2023-09-300001504619pflt:CreditFacilityFiscal2017Member2024-09-300001504619pflt:CreditFacilityFiscal2024Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% TTower Arch Infolinks Media, LP (Infolinks Media Buyco, LLC) Industry Media2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Spendmend Holdings LLC - Unfunded Term Loan Maturity 03/03/2025 Industry Healthcare Technology2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ECL Entertainment, LLC Maturity 08/31/2030 Industry Hotels, Restaurants and Leisure Current Coupon 8.85% Basis Point Spread Above Index 1M SOFR+4002023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Smile Brands Inc, Maturity 10/14/2025, Industry Healthcare and Pharmaceuticals, Current Coupon 9.70%, Basis Point Spread Above Index SOFR+4502023-09-300001504619Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% MAG DS Corp. Maturity 04/01/2027 Industry Aerospace and Defense Current Coupon 10.99% Basis Point Spread Above Index 3M SOFR+5502022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Recteq, LLC (Revolver), Maturity 01/29/2026, Industry Leisure Products2023-09-300001504619pflt:RiskRelatedToDebtSecuritizationMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Archer Lewis, LLC Maturity 08/28/2029 Industry Healthcare Technology Current Coupon 10.83% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Meadowlark Acquirer, LLC - Term Loan II Maturity 12/10/2027 Industry Professional Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Smile Brands Inc. LC (Revolver) Maturity 10/14/2025 Industry Healthcare and Pharmaceuticals2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name EDS Buyer, LLC Maturity 1/10/2029 Industry Electronic Equipment, Instruments, and Components Current Coupon 11.64% Basis Point Spread Above Index SOFR+6252023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% TWS Acquisition Corporation (Revolver) Maturity 06/16/2025 Industry Diversified Consumer Services2023-09-300001504619pflt:RiskOccurredDueToNonDiversifiedInvestmentCompanyMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Ox Two, LLC Maturity 05/18/2026 Industry Construction and Building Current Coupon 12.90% Basis Point Spread Above Index 3M SOFR+7512023-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMembersrt:WeightedAverageMemberpflt:MeasurementInputMarketYieldMemberpflt:FirstLienMember2024-09-300001504619pflt:RegulationsRiskMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% OES Co-Invest, LP - Class A Common Equity Industry Diversified Consumer Services2023-10-012024-09-300001504619pflt:ClassDSecuredDeferrableFloatingRateNotesMember2023-09-300001504619pflt:SeniorSecuritiesMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Recteq, LLC Maturity 01/29/2026 Industry Leisure Products Current Coupon 11.75% Basis Point Spread Above Index SOFR+7152024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% System Planning and Analysis, Inc. (f/k/a Management Consulting & Research, LLC) Maturity 08/16/2027 Industry Aerospace and Defense Current Coupon 10.26% Basis Point Spread Above Index 3M SOFR+5002024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name ACP Falcon Buyer, Inc. Maturity 08/01/2029 Industry Business Services Current Coupon 10.83% Basis Point Spread Above Index SOFR+5502023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Mission Critical Electronics, Inc. (Revolver) Maturity 03/31/2025 Industry Capital Equipment2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Hancock Roofing and Construction L.L.C. Maturity 12/31/2026 Industry Insurance Current Coupon 10.2% Basis Point Spread Above Index 3M SOFR+5602023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TransGo, LLC (Revolver) Maturity 12/29/2028 Industry Auto Components2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, First Lien Senior Secured Debt - 101.9%, Walker Edison Furniture Company, LLC - Unfunded Term Loan, Maturity 03/31/2027, Industry Wholesale2022-10-012023-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:ClassCRNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2024-07-252024-07-250001504619us-gaap:FairValueInputsLevel3Memberpflt:SecondLienSubordinatedDebtAndEquityInvestmentsMember2022-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Inventus Power, Inc. Maturity 06/30/2025 Industry Consumer Goods: Durable Current Coupon 12.46% Basis Point Spread Above Index SOFR+7612023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Outcomes Group Holdings, Inc Matrity 04/02/2031 Industry Healthcare Providers and Services Current Coupon 9.10% Basis Point Spread Above Index 3M SOFR+4252024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Meadowlark Acquirer, LLC Maturity 12/10/2027 Industry Professional Services Current Coupon 10.50% Basis Point Spread Above Index SOFR+5902023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% QuantiTech InvestCo LP Industry Aerospace and Defense2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Infinity Home Services Holdco, Inc. (Revolver) Maturity 12/28/2028 Industry Commercial Services & Supplies Current Coupon 13.75% Basis Point Spread Above Index 3M SOFR+5752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lash OpCo, LLC Maturity 02/18/2027 Industry Personal Products Current Coupon 12.94% (PIK 5.10%) Basis Point Spread Above Index 3M SOFR+7852023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Sigma Defense Systems, LLC (Revolver) Maturity 12/18/2025 Industry IT Services Current Coupon 14.04% Basis Point Spread Above Index 3M L+8652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Sargent & Greenleaf Inc. (Revolver) Maturity 12/20/2024 Industry Electronic Equipment, Instruments, and Components2024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:FirstLienMember2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Holdco Sands Intermediate, LLC Maturity 11/23/2028 Industry Aerospace and Defense Current Coupon 11.32% Basis Point Spread Above Index SOFR+5852023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PL Acquisitionco, LLC Maturity 11/09/2027 Industry Textiles, Apparel and Luxury Goods Current Coupon 11.99% (PIK 3.50%) Basis Point Spread Above Index 3M SOFR+7252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Sargent & Greenleaf Inc. (Revolver) Maturity 12/20/2024 Industry Electronic Equipment, Instruments, and Components Current Coupon 11.45% (PIK 1.00%) Basis Point Spread Above Index 1M SOFR+6602024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MDI Buyer, Inc. Maturity 07/25/2028 Industry Chemicals, Plastics and Rubber Current Coupon 10.60% Basis Point Spread Above Index SOFR+5752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Recteq, LLC, Maturity 01/29/2026, Industry Leisure Products, Current Coupon 11.54%, Basis Point Spread Above Index 3M SOFR+7152023-09-300001504619pflt:ClassDSecuredDeferrableFloatingRateNotesMember2024-09-300001504619pflt:TwoThousandAndThirtySixAssetBackDebtMember2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Spendmend Holdings LLC - Unfunded Term Loan Maturity 03/03/2025 Industry Healthcare Technology2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Arcfield Acquisition Corp, Maturity 08/03/2029, Industry Aerospace and Defense, Current Coupon 11.62%, Basis Point Spread Above Index 1M SOFR+6252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Lucky Bucks, LLC Industry Hotels, Restaurants and Leisure2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% C5MI Holdco, LLC Maturity 07/31/2030 Industry IT Services Current Coupon 10.60% Basis Point Spread Above Index 3M SOFR+6002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, LJ Avalon, LP Industry Construction & Engineering2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Municipal Emergency Services, Inc. (Revolver) Maturity 10/01/2027 Industry Distributors Current Coupon 11.04% Basis Point Spread Above Index 3M SOFR+5652023-09-300001504619Related Party PSSL Equity Securities - 10.5% - Issuer Name New MPE Holdings, LLC, Industry Diversified Consumer Services2024-09-300001504619pflt:RisksRelatedToUseOfLeverageMember2023-10-012024-09-300001504619pflt:EquityInterestsMemberpflt:PennantParkSeniorSecuredLoanFundILLCMember2024-09-300001504619pflt:NonControlledAffiliatedInvestmentsMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Delta InvestCo LP (Sigma Defense Systems, LLC) Industry IT Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Signature CR Intermediate Holdco, Inc, Industry Commercial Services & Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Compex Legal Services, Inc. (Revolver), Maturity 02/07/2025, Industry Professional Services, Current Coupon 10.94%, Basis Point Spread Above Index 3M SOFR+5552023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name ITI Holdings, Inc Maturity 3/3/2028 Industry IT Services Current Coupon 11.06% Basis Point Spread Above Index SOFR+5602022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Five Star Buyer, Inc., Maturity 02/23/2028, Industry Hotels, Restaurants and Leisure, Current Coupon 12.43%, Basis Point Spread Above Index 1M SOFR+7102023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Connatix Buyer, Inc., Maturity 07/13/2027, Industry Media, Current Coupon 11.16%, Basis Point Spread Above Index 3M SOFR+5762023-09-300001504619pflt:EquityInterestsInPSSLMemberpflt:InvestmentsFairValueMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% MDI Buyer, Inc. (Revolver) Maturity 07/25/2028 Industry Commodity Chemicals2023-09-300001504619 Member Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Hancock Roofing and Construction L.L.C (Revolver), Maturity 12/31/2026, Industry Insurance2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Harris & Co. LLC Maturity 08/09/2030 Industry Professional Services Current Coupon 9.85% Basis Point Spread Above Index 3M SOFR+5002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Hancock Claims Consultants Investors, LLC Industry Insurance2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name ORL Acquisitions, Inc. Maturity 09/03/2027 Industry Consumer Finance Current Coupon 14.00% Basis Point Spread Above Index SOFR+9402024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lightspeed Buyer Inc. (Revolver) Maturity 02/03/2026 Industry Healthcare Technology2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Cartessa Aesthetics, LLC (Revolver), Maturity 06/14/2028, Industry Distributors2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Blackhawk Industrial Distribution, Inc. Maturity 09/17/2026 Industry Distributors Current Coupon 10.90% Basis Point Spread Above Index 3M SOFR+6402023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name PL Acquisitionco, LLC Maturity 11/09/2027 Industry Textiles, Apparel and Luxury Goods Current Coupon 11.99% Basis Point Spread Above Index SOFR+7252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Smartronix, LLC Maturity 11/23/2028 Industry Aerospace and Defense Current Coupon 10.35% Basis Point Spread Above Index 1M SOFR+6102023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Total Preferred Equity— 1.8%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Ad.net Acquisition, LLC, Maturity 05/07/2026, Industry Media, Current Coupon 11.65%, Basis Point Spread Above Index 3M SOFR+6262024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name RTIC Subsidiary Holdings, LLC Maturity 05/03/2029 Industry Consumer Goods: Durable Current Coupon 10.35% Basis Point Spread Above Index SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Recteq, LLC (Revolver) Maturity 01/29/2026 Industry Leisure Products2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MOREGroup Holdings, Inc. - (Revolver) Matrity 01/16/2030 Industry Construction & Engineering2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Recteq, LLC Maturity 01/29/2026 Industry Leisure Products Current Coupon 11.75% Basis Point Spread Above Index 3M SOFR+7152024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Preferred Equity— 1.8%, Signature CR Intermediate Holdco, Inc, Industry Commercial Services & Supplies, Current Coupon 12.00%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC (Revolver), Maturity 07/31/2025, Industry Diversified Consumer Services2023-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMemberpflt:MeasurementInputMarketYieldMembersrt:MaximumMemberpflt:FirstLienMember2024-09-300001504619pflt:TwoThousandTwentyThreeNotesMember2017-11-3000015046192021-10-012021-10-310001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Schlesinger Global, Inc. (Revolver) Maturity 07/14/2025 Industry Professional Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Broder Bros., Co., Maturity 12/04/2025, Industry Textiles, Apparel and Luxury Goods, Current Coupon 11.50%, Basis Point Spread Above Index 3M SOFR+6262024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Connatix Parent, LLC Industry Media2022-10-012023-09-300001504619pflt:LeisureProductsMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% SP L2 Holdings, LLC (Ledge Lounger, Inc.) Industry Leisure Products2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Loving Tan Intermediate II, Inc. (Revolver) Maturity 05/31/2028 Industry Personal Products Current Coupon 11.60% Basis Point Spread Above Index 3M SOFR+7002023-10-012024-09-300001504619pflt:RisksAssociatedWithCybersecurityAndCyberIncidentsMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Hills Distribution, Inc Maturity 11/08/2029 Industry Business Services Current Coupon 11.11% Basis Point Spread Above Index SOFR+6002023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Burgess Point Purchaser Corporation Maturity 9/26/2029 Industry Automotive Current Coupon 10.67% Basis Point Spread Above Index SOFR+5252023-09-300001504619pflt:AtTheMarketOfferingMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name MDI Buyer, Inc. Maturity 7/25/2028 Industry Chemicals, Plastics and RubberCurrent Coupon 11.32% Basis Point Spread Above Index SOFR+6002022-10-012023-09-300001504619pflt:Notes2026Fiscal2021Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% AG Investco LP Industry Software2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% LAV Gear Holdings, Inc. (Revolver) Maturity 10/31/2024 Industry Capital Equipment Current Coupon 11.02%(PIK 5.50%) Basis Point Spread Above Index 3M SOFR+5652022-10-012023-09-300001504619Non-Affiliated Investments2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, A1 Garage Merger Sub, LLC, Maturity 12/22/2028, Industry Commercial Services & Supplies, Current Coupon 11.99%, Basis Point Spread Above Index 3M SOFR+6602023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% EvAL Home Health Solutions, LLC - Preferred Equity Industry Healthcare, Education and Childcare2023-10-012024-09-300001504619pflt:TwoThousandThirtyTwoAssetBackedDebtMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, By Light Professional IT Services, LLC, Maturity 05/16/2025, Industry High Tech Industries, Current Coupon 12.43%, Basis Point Spread Above Index 3M SOFR+6882022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lightspeed Buyer Inc. Maturity 02/03/2026 Industry Healthcare Technology Current Coupon 10.20% Basis Point Spread Above Index 1M SOFR+5352023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMemberpflt:MeasurementInputOnDiscountForLackOfMarketabilityMemberpflt:ValuationTechniqueEnterpriseMarketValueMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Carisk Buyer, Inc. Maturity 12/01/2029 Industry Healthcare Technology Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Medina Health, LLC (Revolver) Maturity 10/20/2028 Industry Healthcare Providers and Services2024-09-300001504619pflt:LeverageRiskMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Graffiti Buyer, Inc. Maturity 08/10/2027 Industry Trading Companies & Distributors Current Coupon 10.45% Basis Point Spread Above Index SOFR+5602024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% TWD Parent Holdings, LLC (The Vertex Companies, LLC) Industry Construction & Engineering2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Smile Brands Inc. (Revolver) Maturity 10/12/2027 Industry Healthcare and Pharmaceuticals2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Duggal Acquisition, LLC - Unfunded Term Loan Maturity 09/30/2026 Industry Marketing Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Athletico Holdings, LLC, Industry Healthcare Providers and Services2023-09-300001504619pflt:ControlledAffiliatedInvestmentsMember2022-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name System Planning and Analysis, Inc. (f/k/a Management Consulting & Research, LLC), Maturity 8/16/2027, Industry Aerospace and Defense, Current Coupon 11.49%, Basis Point Spread Above Index SOFR+6002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Graffiti Buyer, Inc (Revolver), Maturity 08/10/2027, Industry Trading Companies & Distributors2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Dynata, LLC - First-Out Term Loan Maturity 07/15/2028 Industry Business Services Current Coupon 10.38% Basis Point Spread Above Index 3M SOFR+5262023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% New Insight Holdings, Inc. - Common Equity Industry Business Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Consello Pacific Aggregator, LLC Industry Professional Services2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Lash OpCo, LLC Maturity 2/18/2027 Industry Personal Products Current Coupon 12.13% Basis Point Spread Above Index SOFR+6752023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Seaway Topco, LP Industry Chemicals, Plastics and Rubber2023-10-012024-09-300001504619Related Party PSSL, Cash and Cash Equivalents - 133.2%2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Marketplace Events, LLC - Super Priority First Lien Unfunded Term Loan (3) Maturity 9/30/2025 Industry Media: Diversified and Production2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Team Services Group, LLC Maturity 11/24/2028 Industry Healthcare and Pharmaceuticals Current Coupon 9.95% Basis Point Spread Above Index SOFR+5002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% Sigma Defense Systems, LLC (Revolver) Maturity 12/18/2028 Industry IT Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% A1 Garage Equity, LLC Industry Commercial Services & Supplies2023-10-012024-09-300001504619 Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Omnia Exterior Solutions, LLC - Unfunded Term Loan Matrity 09/30/2026 Industry Diversified Consumer Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Pragmatic Institute, LLC (Revolver) Maturity 07/06/2028 Industry Professional Services Current Coupon 11.17% Basis Point Spread Above Index 3M SOFR+5752023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Medina Health, LLC Maturity 10/20/2028 Industry Healthcare and Pharmaceuticals Current Coupon 10.85% Basis Point Spread Above Index SOFR+6252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% New Medina Health, LLC Industry Healthcare Providers and Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% LJ Avalon Holdings, LLC (Revolver) Maturity 01/31/2030 Industry Construction & Engineering2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ETE Intermediate II, LLC - Funded Revolver Maturity 05/25/2029 Industry Diversified Consumer Services Current Coupon 11.1% Basis Point Spread Above Index 3M SOFR+6502023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Marketplace Events, LLC Maturity 09/30/2026 Industry Media: Diversified and Production Current Coupon 10.53% Basis Point Spread Above Index SOFR+5252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% IG Investments Holdings, LLC (Revolver) Maturity 09/22/2027 Industry Professional Services2024-09-300001504619us-gaap:BaseRateMemberpflt:ClassA1SeniorSecuredFloatingRateLoansMemberpflt:TwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Gauge Schlesinger Coinvest LLC Industry Professional Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Dr. Squatch, LLC, Maturity 08/31/2027, Industry Personal Products, Current Coupon 11.24%, Basis Point Spread Above Index 3M SOFR+5852022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Connatix Buyer, Inc. Maturity 07/13/2027 Industry Media2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Transgo, LLC Maturity 12/29/2028 Industry Automotive Current Coupon 10.60% Basis Point Spread Above Index SOFR+5752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Five Star Buyer, Inc. (Revolver), Maturity 02/23/2028, Industry Hotels, Restaurants and Leisure2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Kinetic Purchaser, LLC Maturity 11/10/2027 Industry Personal Products Current Coupon 10.75% Basis Point Spread Above Index SOFR+6152024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Cartessa Aesthetics, LLC (Revolver), Maturity 06/14/2028, Industry Distributors, Current Coupon 11.39%, Basis Point Spread Above Index 3M SOFR+6002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Seaway Buyer, LLC Maturity 06/13/2029 Industry Chemicals, Plastics and Rubber Current Coupon 10.75% Basis Point Spread Above Index 3M SOFR+6152023-10-012024-09-300001504619pflt:PennantParkSeniorSecuredMember2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% PlayPower, Inc. Maturity 05/08/2026 Industry Leisure Products Current Coupon 10.92% Basis Point Spread Above Index 3M SOFR+5652022-10-012023-09-300001504619Related Party PSSL, Equity Securities - 10.5%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Integrative Nutrition, LLC Maturity 01/31/2025 Industry Consumer Services Current Coupon 11.36% (PIK 6.00%) Basis Point Spread Above Index 3M SOFR+7152023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name ETE Intermediate II, LLC Maturity 5/29/2029 Industry Diversified Consumer Services Current Coupon 11.89% Basis Point Spread Above Index SOFR+6502022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name LAV Gear Holdings, Inc. Maturity 10/31/2025 Industry Capital Equipment Current Coupon 11.42% Basis Point Spread Above Index SOFR+6432024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% Equity Interests - 8.3% New MPE Holdings, LLC (Marketplace Events, LLC), Industry Media: Diversified and Production2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Go Dawgs Capital III, LP (American Insulated Glass, LLC) Industry Building Products2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name System Planning and Analysis, Inc. (f/k/a Management Consulting & Research, LLC), Maturity 8/16/2027, Industry Aerospace and Defense, Current Coupon 11.49%, Basis Point Spread Above Index SOFR+6002022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Quantic Electronics, LLC Maturity 09/09/2024 Industry media, Diversified and Production Current Coupon 9.81% Basis Point Spread Above Index 3M SOFR+4252023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Hancock Roofing and Construction L.L.C (Revolver), Maturity 12/31/2026, Industry Insurance, Current Coupon 10.92%, Basis Point Spread Above Index 1M SOFR+5602023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Senior Secured Debt—101.9% STV Group Incorporated Maturity 12/11/2026 Industry Construction & Engineering Current Coupon 10.67% Basis Point Spread Above Index 1M SOFR+5352022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Crane 1 Services, Inc (Revolver), Maturity 08/16/2027, Industry Commercial Services & Supplies2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Smile Brands Inc, Maturity 10/14/2025, Industry Healthcare and Pharmaceuticals, Current Coupon 9.70%, Basis Point Spread Above Index SOFR+4502022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Connatix Buyer, Inc. Maturity 07/13/2027 Industry Media2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Blackhawk Industrial Distribution, Inc, Maturity 09/17/2026, Industry Distributors, Current Coupon 11.79%, Basis Point Spread Above Index 3M SOFR+6402024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% Urology Partners Co., L.P Industry Healthcare Providers and Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Infolinks Media Buyco, LLC Maturity 11/01/2026 Industry Media Current Coupon 11.17% Basis Point Spread Above Index 1M SOFR+5852022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Simplicity Financial Marketing Group Holdings, Inc Maturity 12/02/2026 Industry Diversified Financial Services Current Coupon 11.00% Basis Point Spread Above Index SOFR+6402023-10-012024-09-300001504619pflt:DiversifiedFinancialServicesMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, BioDerm, Inc. (Revolver), Maturity 01/31/2028, Industry Healthcare Equipment and Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Carisk Parent, L.P. Industry Healthcare Technology2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Marketplace Events, LLC - Super Priority First Lien Term Maturity 9/30/2025 Industry Media: Diversified and Production Current Coupon 10.94% Basis Point Spread Above Index SOFR+5252023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, AG Investco LP, Industry Software2023-09-300001504619pflt:LeisureProductsMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% The Vertex Companies, LLC (Revolver) Maturity 08/30/2027 Industry Construction & Engineering Current Coupon 11.67% Basis Point Spread Above Index 1M SOFR+6352022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% LJ Avalon Holdings, LLC Maturity 02/01/2030 Industry Construction & Engineering Current Coupon 10.31% Basis Point Spread Above Index 3M SOFR+5252023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:LongTermCreditFacilityMember2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Aeronix, Inc Maturity 12/18/2028 Industry Aerospace and Defense Current Coupon 9.85% Basis Point Spread Above Index SOFR+5252024-09-300001504619pflt:InvestmentsCostMemberpflt:FirstLienInPSSLMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% LSF9 Atlantis Holdings, LLC Maturity 06/30/2029 Industry Specialty Retail Current Coupon 9.85% Basis Point Spread Above Index 3M SOFR+5252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, CHA Holdings, Inc, Maturity 04/10/2025, Industry Environmental Industries, Current Coupon 10.15%, Basis Point Spread Above Index 3M SOFR+4762023-09-300001504619pflt:IncentiveFeePaymentConditionThreeMembersrt:MinimumMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Broder Bros., Co. Maturity 12/4/2025 Industry Consumer Products Current Coupon 11.50% Basis Point Spread Above Index SOFR+6262022-10-012023-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMember2021-10-012022-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Anteriad, LLC (f/k/a MeritDirect, LLC) - Incremental Term Loan Maturity 06/30/2026 Industry Media: Advertising, Printing & Publishing Current Coupon 10.50% Basis Point Spread Above Index SOFR+5902023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Crane 1 Services, Inc. Maturity 08/16/2027 Industry Commercial Services & Supplies Current Coupon 10.71% Basis Point Spread Above Index 3M SOFR+5862024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Watchtower Intermediate, LLC - Unfunded Term Loan Maturity 12/01/2025 Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, A1 Garage Merger Sub, LLC - Unfunded Term Loan, Maturity 12/22/2028, Industry Commercial Services & Supplie2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Graffiti Buyer, Inc Maturity 8/10/2027 Industry Trading Companies & Distributors Current Coupon 10.99% Basis Point Spread Above Index SOFR+5752023-09-300001504619Related Party PSSL Equity Securities - 10.5% - Issuer Name Lucky Bucks, LLC Industry Hotel, Gaming and Leisure2023-10-012024-09-300001504619pflt:AtTheMarketOfferingMember2022-10-012023-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassA1SeniorSecuredFloatingRateNotesDue2036Member2024-02-012024-02-290001504619pflt:SubordinateDebtMemberpflt:InvestmentsFairValueMember2023-09-300001504619pflt:RTwoThousandAndThirtySixAssetBackDebtMember2021-10-012022-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Quantic Electronics, LLC - Funded revolver Maturity 11/19/2026 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.95% Basis Point Spread Above Index 3M SOFR+6352024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, First Lien Senior Secured Debt - 101.9%, Walker Edison Furniture, LLC - Term Loan, Maturity 03/31/2027, Industry Wholesale, Current Coupon 12.18% Basis Point Spread Above Index 1M SOFR+6852023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Pragmatic Institute, LLC Maturity 07/06/2028 Industry Education Current Coupon 12.35% Basis Point Spread Above Index SOFR+7502023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TWS Acquisition Corporation Maturity 06/16/2025 Industry Diversified Consumer Services Current Coupon 11.33% Basis Point Spread Above Index 1M SOFR+6402023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Crane 1 Acquisition Parent Holdings, LP Industry Commercial Services & Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Arcfield Acquisition Corp, Maturity 08/03/2029, Industry Aerospace and Defense, Current Coupon 11.62%, Basis Point Spread Above Index 1M SOFR+6252022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Graffiti Buyer, Inc. Maturity 08/10/2027 Industry Trading Companies & Distributors Current Coupon 10.7% Basis Point Spread Above Index 3M SOFR+5602024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Beacon Behavioral Services, LLC Maturity 06/21/2029 Industry Healthcare and Pharmaceuticals Current Coupon 9.85% Basis Point Spread Above Index SOFR+5252023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Municipal Emergency Services, Inc. Maturity 09/28/2027 Industry Distributors Current Coupon 9.75% Basis Point Spread Above Index SOFR+5152023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Wildcat Buyerco, Inc. Maturity 02/26/2027 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.60% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% NFS - CFP Holdings LLC - Unfunded Revolver Matrity 09/13/2030 Industry Commercial Services & Supplies2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Quantic Electronics, LLC Maturity 11/19/2026 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.95% Basis Point Spread Above Index 3M SOFR+6352023-10-012024-09-300001504619pflt:InvestmentsFairValueMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PCS Midco, Inc. Maturity 03/01/2030 Industry Professional Services Current Coupon 10.81% Basis Point Spread Above Index 3M SOFR+5752023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name EDS Buyer, LLC Maturity 1/10/2029 Industry Electronic Equipment, Instruments, and Components Current Coupon 11.64% Basis Point Spread Above Index SOFR+6252022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% OHCP V BC COI, L.P. One Industry Distributors2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Gauge Loving Tan, LP Industry Personal Products2023-10-012024-09-300001504619pflt:EffectiveManagementOfFutureGrowthMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Sales Benchmark Index LLC Maturity 01/03/2025 Industry Professional Services Current Coupon 10.80% Basis Point Spread Above Index SOFR+6202023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Fairbanks More Defense Maturity 06/17/2028 Industry Aerospace and Defense Current Coupon 9.65% Basis Point Spread Above Index SOFR+4502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Amsive Holding Corporation (f/k/a Vision Purchaser Corporation), Maturity 06/10/2025, Industry Media, Current Coupon 11.79%, Basis Point Spread Above Index 3M SOFR+6402022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Infinity Home Services Holdco, Inc. (CAD) Maturity 12/28/2028 Industry Commercial Services & Supplies Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+6002024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Apex Service Partners, LLC Term Loan B Maturity 7/31/2025 Industry Diversified Consumer Services Current Coupon 11.04% Basis Point Spread Above Index SOFR+5502022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% NEPRT Parent Holdings, LLC (Recteq, LLC) Industry Leisure Products2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Sales Benchmark Index LLC, Maturity 1/3/2025, Industry Professional Services, Current Coupon 11.59%, Basis Point Spread Above Index SOFR+6202023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Anteriad, LLC (f/k/a MeritDirect, LLC) (Revolver), Maturity 05/23/2024, Industry Media2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, LJ Avalon, LP Industry Construction & Engineering2022-10-012023-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMemberpflt:MeasurementInputMarketYieldMembersrt:MinimumMemberpflt:FirstLienMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Inventus Power, Inc. - Unfunded Revolver Maturity 06/30/2025 Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% DRS Holdings III, Inc. Maturity 45727 Industry Chemicals, Plastics and Rubber Current Coupon 11.20% Basis Point Spread Above Index 3M SOFR+6352023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Smile Brands Inc. LC (Revolver) Maturity 10/12/2027 Industry Healthcare and Pharmaceuticals2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Meadowlark Acquirer, LLC Maturity 12/10/2027 Industry Professional Services Current Coupon 11.04% Basis Point Spread Above Index SOFR+5652022-10-012023-09-300001504619pflt:PriorCreditFacilityMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Meadowlark Acquirer, LLC - Term Loan Maturity 12/10/2027 Industry Professional Services2022-10-012023-09-300001504619us-gaap:FinancingReceivables30To59DaysPastDueMember2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TPCN Midco, LLC Maturity 06/26/2029 Industry Diversified Consumer Services Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+5752023-10-012024-09-300001504619pflt:ControlledAffiliatedInvestmentsMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Confluent Health, LLC Maturity 11/30/2028 Industry Healthcare Providers and Services Current Coupon 9.85% Basis Point Spread Above Index 3M SOFR+5002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% OHCP V BC COI, L.P. One Industry Distributors2023-10-012024-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619pflt:TwoThousandTwentySixMember2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Carnegie Dartlet, LLC Maturity 02/07/2030 Industry Professional Services Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+5502024-09-300001504619pflt:ClassDRNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2024-07-250001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% TPC Holding Company, LP Industry Food Products2023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies—40.0% First Lien Secured Debt—31.3% PennantPark Senior Secured Loan Fund I LLC Maturity 05/06/2029 Industry Financial Services Current Coupon 13.28% Basis Point Spread Above Index 3M SOFR+8002023-10-012024-09-3000015046192024-06-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name PCS Midco, Inc Maturity 03/01/2030 Industry Diversified Consumer Services Current Coupon 10.81% Basis Point Spread Above Index SOFR+5752023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMemberpflt:FirstLienMemberpflt:MeasurementInputBrokerOrDealerBidsOrQuotesMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Kentucky Racing Holdco, LLC, Industry Hotels, Restaurants and Leisure2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Watchtower Holdings, LLC Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name PL Acquisitionco, LLC. Maturity 11/19/2027 Industry Textiles, Apparel and Luxury GoodsCurrent Coupon 12.42% Basis Point Spread Above Index SOFR+7102022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% The Aegis Technologies Group, LLC Maturity 10/31/2025 Industry Aerospace and Defense Current Coupon 12.04% Basis Point Spread Above Index 3M SOFR+6152022-10-012023-09-300001504619pflt:RiskInIssuingSubscriptionRightsOfWarrantsForCommonStockMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% By Light Professional IT Services, LLC Maturity 05/16/2025 Industry High Tech Industries Current Coupon 12.18% Basis Point Spread Above Index 3M SOFR+6982024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Walker Edison Furniture, LLC - Term Loan Maturity 03/01/2029 Industry Wholesale2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% Common Equity/Warrants— 14.5% WCP IvyRehab QP CF Feeder, LP Industry Healthcare Providers and Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Pragmatic Institute, LLC, Industry Professional Services2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Crane 1 Services, Inc.. Maturity 8/16/2027 Industry Commercial Services & Supplies Current Coupon 10.90% Basis Point Spread Above Index SOFR+5512022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Recteq, LLC (Revolver), Maturity 01/29/2026, Industry Leisure Products2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% ORL Acquisition, Inc. (Revolver) Maturity 09/03/2027 Industry Consumer Finance2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% KL Stockton Co-Invest LP (Any Hour Services) Industry Energy Equipment and Services2023-10-012024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies—40.0% Equity Interests - 8.7% New MPE Holdings, LLC - Common Equity Industry Media: Diversified and Production2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Total Second Lien Secured Debt—0.0%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Inventus Power, Inc. Maturity 06/30/2025 Industry Electronic Equipment, Instruments, and Components Current Coupon 12.46% Basis Point Spread Above Index 3M SOFR+7612024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RRA Corporate, LLC Maturity 08/15/2029 Industry Diversified Consumer Services Current Coupon 9.60% Basis Point Spread Above Index 3M SOFR+5002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Anteriad, LLC (f/k/a MeritDirect, LLC) - Incremental Term Loan Maturity 06/30/2026 Industry Media Current Coupon 10.50% Basis Point Spread Above Index 3M SOFR+5902024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Integrity Marketing Acquisition, LLC (Revolver) Maturity 08/27/2026 Industry Insurance2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Applied Technical Services, LLC - Unfunded Term Loan Maturity 07/17/2025 Industry Commercial Services & Supplies2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% UniTek Global Services, Inc.(C) Industry Telecommunications2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ledge Lounger, Inc. Maturity 11/09/2026 Industry Leisure Products Current Coupon 12.25% Basis Point Spread Above Index 3M SOFR+7652023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Total Preferred Equity - 1.8%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% A1 Garage Merger Sub, LLC - Unfunded Term Loan Maturity 12/22/2028 Industry Commercial Services & Supplies2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Lightspeed Buyer Inc. Maturity 2/3/2026 Industry Healthcare Providers and Services Current Coupon 11.70% Basis Point Spread Above Index SOFR+5352023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lucky Bucks, LLC - Last-out Term Loan Maturity 10/02/2028 Industry Hotels, Restaurants and Leisure Current Coupon 12.77% Basis Point Spread Above Index 3M SOFR+7652024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1%2023-09-300001504619pflt:TwoThousandAndThirtyOneAssetBackedDebtMember2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Graffiti Buyer, Inc. Maturity 08/10/2027 Industry Trading Companies & Distributors Current Coupon 10.45% Basis Point Spread Above Index SOFR+5602023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% TTower Arch Infolinks Media, LP (Infolinks Media Buyco, LLC) Industry Media2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Apex Service Partners, LLC Term Loan C Maturity 7/31/2025 Industry Diversified Consumer Services Current Coupon 10.69% Basis Point Spread Above Index SOFR+5252022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Loving Tan Intermediate II, Inc. - Unfunded Term Loan Maturity 07/12/2025 Industry Personal Products2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% PCS Parent, LP - Common Equity Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% EvAL Home Health Solutions, LLC - Preferred Equity Industry Healthcare, Education and Childcare2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Team Services Group, LLC Maturity 12/20/2027 Industry Healthcare Providers and Services Current Coupon 10.51% Basis Point Spread Above Index 3M SOFR+5262024-09-300001504619us-gaap:FairValueInputsLevel1Memberpflt:TwoThousandTwentySixNotesPayableMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Teneo Holdings, LLC - Initial Term Loans Maturity 03/13/2031 Industry Diversified Financial Services Current Coupon 9.60% Basis Point Spread Above Index 3M SOFR+4752024-09-300001504619 Member Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Hancock Roofing and Construction L.L.C (Revolver), Maturity 12/31/2026, Industry Insurance2023-09-300001504619pflt:TwoThousandTwentyThreeNotesPayableMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% LJ Avalon Holdings, LLC (Revolver) Maturity 01/31/2030 Industry Construction & Engineering2023-10-012024-09-300001504619pflt:TwoThousandThirtySixAssetBackedDebtMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Preferred Equity— 1.8%, UniTek Global Services, Inc, Industry Telecommunications2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (Integrative Nutrition, LLC), Imagine Topco, LP (Common), Industry Software2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Five Star Parent Holdings, LLC Industry Hotels, Restaurants and Leisure2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Crane 1 Services, Inc. (Revolver) Maturity 08/16/2027 Industry Commercial Services & Supplies2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% ACP Big Top Holdings, L.P. - Common Equity Industry Construction & Engineering2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% SV Aero Holdings, LLC Industry Aerospace and Defense2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Altamira Intermediate Company II, Inc. Industry IT Services2023-10-012024-09-300001504619pflt:AdministratorMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% LAV Gear Holdings, Inc. (Revolver) Maturity 10/31/2025 Industry Capital Equipment Current Coupon 11.64% Basis Point Spread Above Index 1M SOFR+6402023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Subordinate Debt - 0.3% StoicLane, Inc. - Unfunded Convertible Notes Maturity 08/15/2027 Industry Healthcare Technology Current Coupon 0.00%2023-10-012024-09-300001504619pflt:ClassC1SecuredDeferrableFloatingRateNotesDue2031Memberpflt:TwoThousandAndThirtyOneAssetBackedDebtMember2019-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Gauge Lash Coinvest LLC, Industry Personal Products2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Applied Technical Services, LLC Maturity 12/29/2026 Industry Commercial Services & Supplies Current Coupon 10.50% Basis Point Spread Above Index SOFR+5902024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% MDI Buyer, Inc. Maturity 07/25/2028 Industry Commodity Chemicals Current Coupon 11.09% Basis Point Spread Above Index 3M SOFR+6252023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% MDI Aggregator, LP Industry Commodity Chemicals2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ledge Lounger, Inc. (Revolver) Maturity 11/09/2026 Industry Leisure Products Current Coupon 12.25% PIK 1.0%) Basis Point Spread Above Index 3M SOFR+7652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Anteriad Holdings, LP (f/k/a MeritDirect Holdings, LP) Industry Media2023-09-300001504619pflt:TwoThousandTwentySixMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer NameExigo Intermediate II, LLC Maturity 3/15/2027 Industry Software Current Coupon 11.17% Basis Point Spread Above Index SOFR+5852023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% MDI Buyer, Inc. (Revolver) Maturity 07/25/2028 Industry Commodity Chemicals Current Coupon 10.91% Basis Point Spread Above Index 3M SOFR+6002022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% StellPen Holdings, LLC (CF512, Inc.) Industry Media2022-10-012023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% First Lien Secured Debt - 36.8% Marketplace Events, LLC, Maturity 09/30/2026, Industry Media: Diversified and Production, Current Coupon 10.94%, Basis Point Spread Above Index 3M SOFR+5502023-09-300001504619pflt:HighTechIndustriesMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Kinetic Purchaser, LLC Industry Personal Products2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name ECL Entertainment, LLC Maturity 08/31/2030 Industry Hotel, Gaming and Leisure Current Coupon 8.85% Basis Point Spread Above Index SOFR+4002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Loving Tan Intermediate II, Inc. Maturity 05/31/2028 Industry Personal Products2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Watchtower Intermediate, LLC Maturity 12/01/2029 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.60% Basis Point Spread Above Index 3M SOFR+6002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% CF512, Inc. Maturity 08/20/2026 Industry Media Current Coupon 11.21% Basis Point Spread Above Index 3M SOFR+6192023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Rancho Health MSO, Inc. Maturity 12/18/2025 Industry Healthcare Providers and Services Current Coupon 10.85% Basis Point Spread Above Index SOFR+5602023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,398.7% Issuer Name A1 Garage Merger Sub, LLC Maturity 12/22/2028 Industry Commercial Services & Supplies Current Coupon 11.84% Basis Point Spread Above Index SOFR+6602023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Rancho Health MSO, Inc. (Revolver) Maturity 12/18/2025 Industry Healthcare Equipment and Supplies Current Coupon 10.93% Basis Point Spread Above Index 3M SOFR+5602023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Beta Plus Technologies, Inc, Maturity 07/01/2029, Industry Internet Software and Services, Current Coupon 11.14%, Basis Point Spread Above Index 3M SOFR+5752023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, First Lien Senior Secured Debt - 101.9%, Walker Edison Furniture Company, LLC - Funded Junior Revolver, Maturity 03/31/2027, Industry Wholesale, Current Coupon 11.68% Basis Point Spread Above Index 1M SOFR+6352023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Anteriad, LLC (f/k/a MeritDirect, LLC) Maturity 5/23/2024 Industry Media: Advertising, Printing & Publishing Current Coupon 11.04% Basis Point Spread Above Index SOFR+5502022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Solutionreach, Inc. (Revolver) Maturity 01/17/2024 Industry Healthcare Technology2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Rural Sourcing Holdings, Inc. (HPA SPQ Merger Sub, Inc.) Maturity 06/15/2029 Industry High Tech Industries Current Coupon 10.35% Basis Point Spread Above Index SOFR+5752023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Total2023-09-300001504619us-gaap:TechnologySectorMember2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name TPC Canada Parent, Inc. and TPC US Parent, LLC, Maturity 11/24/2025, Industry Consumer Goods: Non- Durable, Current Coupon 10.95%, Basis Point Spread Above Index SOFR+5652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Affinion Group Holdings, Inc. (Warrants) Maturity 04/10/2024 Industry Consumer Goods: Durable2022-10-012023-09-3000015046192023-06-300001504619pflt:TwoThousandThirtyTwoAssetBackedDebtMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Aechelon InvestCo, LP - Common Equity Industry Aerospace and Defense2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Quantic Electronics, LLC Maturity 11/19/2026 Industry Electronic Equipment, Instruments, and Components Current Coupon 11.74% Basis Point Spread Above Index 3M SOFR+6352022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Marketplace Events, LLC - Super Priority First Lien Unfunded Term Loan (3) Maturity 5/14/2026 Industry Media Current Coupon 11.04% Basis Point Spread Above Index SOFR+5652023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ACP Avenu Buyer, LLC (Revolver) Maturity 10/02/2029 Industry IT Service2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Blackhawk Industrial Distribution, Inc. Maturity 09/17/2026 Industry Distributors Current Coupon 11.00% Basis Point Spread Above Index SOFR+6402024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Rural Sourcing Holdings, Inc. (HPA SPQ Merger Sub, Inc.) - Unfunded Term Loan Maturity 06/27/2026 Industry Professional Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% SSC Dominion Holdings, LLC Class B (US Dominion, Inc.)Industry Capital Equipment2023-09-300001504619pflt:Notes2026Fiscal2022Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Megawatt Acquisitionco, Inc. - Funded Revolver Maturity 03/01/2030 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.11% Basis Point Spread Above Index 3M SOFR+5252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Hancock Roofing and Construction L.L.C, Maturity 12/31/2026, Industry Insurance, Current Coupon 10.93%, Basis Point Spread Above Index 3M SOFR+5602022-10-012023-09-300001504619us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMemberpflt:FirstLienMember2023-09-300001504619Total Investments - 226.1%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Anteriad, LLC (f/k/a MeritDirect, LLC), Maturity 05/23/2024, Industry Media, Current Coupon 11.04%, Basis Point Spread Above Index 3M SOFR+5652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% BioDerm, Inc. (Revolver) Maturity 01/31/2028 Industry Healthcare Equipment and Supplies2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Wrench Group, LLC Maturity 10/30/2028 Industry Commercial Services & Supplies Current Coupon 8.87% Basis Point Spread Above Index 3M SOFR+4262024-09-300001504619Related Party PSSL, Total Cash and Cash Equivalents2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC Term Loan C, Maturity 07/31/2025, Industry Diversified Consumer Services, Current Coupon 10.68%, Basis Point Spread Above Index 3M SOFR+5252023-09-300001504619pflt:ImpactOnPortfolioAndValueOfInvestmentDueToGlobalPoliticalAndEconomicUncertaintyMember2023-10-012024-09-300001504619Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% LAV Gear Holdings, Inc. Maturity 10/31/2024 Industry Capital Equipment Current Coupon 11.83%(PIK 5.50%) Basis Point Spread Above Index 1M SOFR+6432023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Infinity Home Services Holdco, Inc. - 1st Amendment Unfunded Term Loan Maturity 11/17/2025 Industry Commercial Services & Supplies2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% PL Acquisitionco, LLC (Revolver) Maturity 11/09/2027 Industry Textiles, Apparel and Luxury Goods2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Compex Legal Services, Inc. (Revolver) Maturity 02/07/2025 Industry Professional Services Current Coupon 10.80% Basis Point Spread Above Index 3M SOFR+5552024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Connatix Parent, LLC Industry Media2023-10-012024-09-300001504619pflt:SecondLienMemberpflt:InvestmentsFairValueMember2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Exigo Intermediate II, LLC Maturity 03/15/2027 Industry Software Current Coupon 11.20% Basis Point Spread Above Index SOFR+6352023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Outcomes Group Holdings, Inc Matrity 04/02/2031 Industry Healthcare Providers and Services Current Coupon 9.10% Basis Point Spread Above Index 3M SOFR+4252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% NFS - CFP Holdings LLC - Unfunded Revolver Matrity 09/13/2030 Industry Commercial Services & Supplies2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Beta Plus Technologies, Inc, Maturity 07/01/2029, Industry Internet Software and Services, Current Coupon 11.14%, Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619pflt:Notes2023Fiscal2019Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Infinity Home Services Holdco, Inc. (CAD) Maturity 12/28/2028 Industry Commercial Services & Supplies Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+6002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ARGANO, LLC - Unfunded Term Loan Maturity 03/13/2025 Industry Business Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, EDS Buyer, LLC. (Revolver), Maturity 01/10/2029, Electronic Equipment, Instruments, and Components2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% TPC Canada Parent, Inc. and TPC US Parent, LLC Maturity 11/24/2025 Industry Food Products Current Coupon 10.90% Basis Point Spread Above Index 3M SOFR+5652023-09-300001504619pflt:FundingIsCreditFacilityMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% OSP Embedded Purchaser, LLC (Revolver) Matrity 12/15/2029 Industry Aerospace and Defense Current Coupon 10.70% Basis Point Spread Above Index 3M SOFR+6102023-10-012024-09-300001504619pflt:InvestmentsCostMemberpflt:FirstLienMember2024-09-300001504619us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien SecuredDebt - 101.9% Inception Fertility Ventures, LLC Maturity 12/31/2024 Industry Healthcare Providers and Services Current Coupon 12.50% Basis Point Spread Above Index 3M SOFR+7152023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% AFC Dell Holding Corp. Maturity 04/09/2027 Industry Distributors Current Coupon 10.49% Basis Point Spread Above Index 3M SOFR+5502023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:FirstLienMember2022-09-300001504619pflt:HealthcareEquipmentAndSuppliesMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% C5MI Holdco, LLC - Unfunded Revolver Maturity 07/31/2030 Industry IT Services2024-09-300001504619us-gaap:FairValueInputsLevel2Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% OSP Embedded Purchaser, LLC Matrity 12/15/2029 Industry Aerospace and Defense Current Coupon 10.70% Basis Point Spread Above Index 3M SOFR+6102023-10-012024-09-300001504619Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Lash OpCo, LLC (Revolver) Maturity 08/16/2026 Industry Personal Products Current Coupon 12.15% Basis Point Spread Above Index 3M SOFR+6752022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, eCommission Financial Services, Inc (Revolver), Maturity 10/05/2023, Industry Banking, Finance, Insurance & Real Estate2023-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:TwoThousandAndThirtyOneAssetBackedDebtMemberpflt:ClassDSecuredDeferrableFloatingRateLoansDue2031Member2019-09-012019-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PCS Midco, Inc. - Revolver Maturity 03/01/2030 Industry Professional Services Current Coupon 10.81% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Infolinks Media Buyco, LLC- Unfunded Term Loan Maturity 11/01/2023 Industry Media2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Beacon Behavioral Support Service, LLC - Unfunded Term Loan Maturity 12/21/2025 Industry Healthcare Providers and Services2023-10-012024-09-300001504619pflt:IncomeDistributionToStockholdersRiskMember2023-10-012024-09-300001504619pflt:RiskRelatedToInvestInOverTheCounterSecuritiesMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% BioDerm Holdings, LP Industry Healthcare Equipment and Supplies2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Gauge Loving Tan, LP Industry Personal Products2022-10-012023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% Cash and Cash Equivalents - 15.3% Money Market - BlackRock Federal FD Institutional 302023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Mission Critical Electronics, Inc. (Revolver) Maturity 03/28/2024 Industry Capital Equipment2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% North Haven Saints Equity Holdings, LP Industry Healthcare Technology2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Smartronix, LLC - (Revolver) Maturity 11/23/2027 Industry Aerospace and Defense2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name K2 Pure Solutions NoCal, L.P.c Maturity 12/20/2023 Industry Chemicals, Plastics and Rubber Current Coupon 13.42% Basis Point Spread Above Index SOFR+8102023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Gauge Schlesinger Coinvest LLC Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Five Star Buyer, Inc. (Revolver), Maturity 02/23/2028, Industry Hotels, Restaurants and Leisure2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% NBH Group LLC (Revolver) Maturity 08/19/2026 Industry Healthcare Equipment and Supplies2023-09-300001504619pflt:EquityInterestsInPSSLMemberpflt:InvestmentsFairValueMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Imagine Topco, LP Industry Software Current Coupon 8.00%2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Skopima Consilio Parent, LLC, Maturity 5/17/2028, Industry Business Services, Current Coupon 9.93%, Basis Point Spread Above Index SOFR+4502022-10-012023-09-300001504619pflt:ChemicalsPlasticsAndRubberMember2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Anteriad, LLC (f/k/a MeritDirect, LLC) - Incremental Term Loan Maturity 06/30/2026 Industry Media: Advertising, Printing & Publishing Current Coupon 10.50% Basis Point Spread Above Index SOFR+5902024-09-300001504619pflt:RiskRelatedToInvestmentsInProspectivePortfolioCompaniesMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Quantic Electronics, LLCMaturity 11/19/2026 Industry Aerospace and Defense Current Coupon 11.74% Basis Point Spread Above Index SOFR+6352023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RRA Corporate, LLC Maturity 08/15/2029 Industry Diversified Consumer Services Current Coupon 9.60% Basis Point Spread Above Index 3M SOFR+5002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Harris & Co. LLC - Unfunded Revolver Maturity 08/09/2030 Industry Professional Services2024-09-300001504619pflt:FiveLargestInvestmentsMemberpflt:PennantParkSeniorSecuredLoanFundILLCMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% SP L2 Holdings, LLC (Ledge Lounger, Inc.) Industry Leisure Products2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Second Lien Secured Debt - 0.0% Mailsouth Inc., Maturity 04/23/2025 Industry Media: Advertising, Printing and Publishing2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Imagine Topco, LP Industry Software Current Coupon 8.00%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Carnegie Dartlet, LLC - (Revolver) Maturity 02/07/2030 Industry Professional Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Loving Tan Intermediate II, Inc. - Unfunded Revolver Maturity 05/31/2028 Industry Personal Products2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Rural Sourcing Holdings, Inc. (HPA SPQ Merger Sub, Inc.) (Revolver) Maturity 06/15/2029 Industry Professional Services2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Marketplace Events, LLC - Super Priority First Lien Term Maturity 9/30/2025 Industry Media: Diversified and Production Current Coupon 10.94% Basis Point Spread Above Index SOFR+5252022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Summit Behavioral Healthcare, LLC Maturity 11/24/2028 Industry Healthcare and Pharmaceuticals Current Coupon 9.31% Basis Point Spread Above Index SOFR+4252024-09-300001504619pflt:TwoThousandAndThirtyOneAssetBackedDebtMemberpflt:ClassA1SeniorSecuredFloatingRateNotesDue2031Member2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Seaway Buyer, LLC Maturity 06/13/2029 Industry Chemicals, Plastics and Rubber Current Coupon 10.75% Basis Point Spread Above Index SOFR+6152024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Holdco Sands Intermediate, LLC Maturity 11/23/2028 Industry Aerospace and Defense Current Coupon 11.32% Basis Point Spread Above Index SOFR+5852022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Gauge Loving Tan, LP, Industry Personal Products2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,404.5%%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Sales Benchmark Index LLC, Maturity 01/03/2025, Industry Professional Services, Current Coupon 11.59%, Basis Point Spread Above Index 3M SOFR+6202023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name PlayPower, Inc. Maturity 6/28/2026 Industry Consumer Goods: Durable Current Coupon 10.57% Basis Point Spread Above Index SOFR+5652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Watchtower Intermediate, LLC (Revolver) Maturity 12/01/2029 Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% NXOF Holdings, Inc. (Tyto Athene, LLC) Industry IT Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Imagine Acquisitionco, LLC (Revolver) Maturity 11/15/2027 Industry Software2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies -118.1% Common Equity/Warrants - 14.5% OHCP V BC COI, L.P. Industry Distributors One2023-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassDSecuredDeferrableFloatingRateLoansDue2036Member2024-02-290001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Sigma Defense Systems, LLC Maturity 12/18/2025 Industry IT Services Current Coupon 14.04% Basis Point Spread Above Index 3M L+8652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% WCP Ivyrehab QP CF Feeder, LP. - Unfunded Industry Healthcare Providers and Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Output Services Group, Inc. Industry Business Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% NFS - CFP Holdings LLC - Unfunded Term Loan Matrity 09/23/2026 Industry Commercial Services & Supplies2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% Common Equity/Warrants— 14.5% WCP IvyRehab QP CF Feeder, LP Industry Healthcare Providers and Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Carnegie HoldCo, LLC - Common Equity Industry Professional Services2024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% First Lien Secured Debt - 36.8% PennantPark Senior Secured Loan Fund I LLC, Maturity 05/06/2024, Industry Financial Services, Current Coupon 13.33%, Basis Point Spread Above Index 3M SOFR+8002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, A1 Garage Merger Sub, LLC LLC (Revolver), Maturity 12/22/2028, Industry Commercial Services & Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% New Medina Health, LLC Industry Healthcare Providers and Services2024-09-300001504619pflt:AssetBackedDebt2031Fiscal2019Member2024-09-300001504619pflt:RTwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Output Services Group, Inc. - Last-out Term Loan Maturity 05/30/2028 Industry Business Services Current Coupon 12.00% Basis Point Spread Above Index 3M SOFR+6682024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Rural Sourcing Holdings, Inc. (HPA SPQ Merger Sub, Inc.) - Unfunded Term Loan Maturity 06/27/2026 Industry Professional Services2023-10-012024-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassB1SeniorSecuredFloatingRateNotesDue2031Member2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Imagine Acquisitionco, LLC Maturity 11/15/2027 Industry Software2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Spendmend Holdings LLC Maturity 03/01/2028 Industry Healthcare Technology Current Coupon 10.25% Basis Point Spread Above Index SOFR+5652023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Loving Tan Intermediate II, Inc. Maturity 05/31/2028 Industry Personal Products Current Coupon 12.39% Basis Point Spread Above Index 3M SOFR+7002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Exigo, LLC Industry Software2024-09-300001504619pflt:RiskRelatedToFluctationInCommonStockMarketPriceMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Safe Haven Defense US LLC - Unfunded Revolver Maturity 05/23/2029 Industry Building Products2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Cartessa Aesthetics, LLC (Revolver) Maturity 06/14/2028 Industry Distributors Current Coupon 10.35% Basis Point Spread Above Index 1M SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Connatix Buyer, Inc., Maturity 07/13/2027, Industry Media, Current Coupon 11.16%, Basis Point Spread Above Index 3M SOFR+5762022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Eval Home Solutions Intermediate, LLC Maturity 05/10/2030 Industry Healthcare and Pharmaceuticals Current Coupon 10.60% Basis Point Spread Above Index SOFR+5752024-09-300001504619pflt:SeniorSecuritiesMember2022-10-012023-09-3000015046192024-05-310001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Mars Intermediate Holdings II, Inc, Industry Media2022-10-012023-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassA2SeniorSecuredFixedRateNotesDue2036Member2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%,Exigo Intermediate II, LLC (Revolver), Maturity 03/15/2027, Industry Software2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Municipal Emergency Services, Inc. Industry Distributors2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% BioDerm Holdings, LP Industry Healthcare Equipment and Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (American Insulated Glass, LLC), Hancock Claims Consultants Investors, LLC, Industry Insurance2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Crane 1 Services, Inc, Maturity 08/16/2027, Industry Commercial Services & Supplies, Current Coupon 10.90%, Basis Point Spread Above Index 3M SOFR+5512022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Solutionreach, Inc. Maturity 01/17/2024 Industry Healthcare Technology Current Coupon 12.37% Basis Point Spread Above Index 1M SOFR+7002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Ad.net Holdings, Inc. Industry Media2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Accounting Platform Blocker, Inc -. Preferred Equity Industry Professional Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants 14.5%, QuantiTech InvestCo LP, Industry Aerospace and Defense2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien SecuredDebt - 101.9% Inception Fertility Ventures, LLC Maturity 12/31/2024 Industry Healthcare Providers and Services Current Coupon 12.50% Basis Point Spread Above Index 3M SOFR+7152022-10-012023-09-300001504619pflt:AssetBackedDebt2031Fiscal2023Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC Term Loan C, Maturity 07/31/2025, Industry Diversified Consumer Services, Current Coupon 10.68%, Basis Point Spread Above Index 3M SOFR+5252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Compex Legal Services, Inc. (Revolver), Maturity 02/07/2025, Industry Professional Services2022-10-012023-09-300001504619pflt:AllOtherIndustriesMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TWS Acquisition Corporation (Revolver) Maturity 06/16/2025 Industry Diversified Consumer Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Beta Plus Technologies, Inc. Maturity 07/01/2029 Industry Internet Software and Services Current Coupon 10.35% Basis Point Spread Above Index 3 M SOFR+5752023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name The Aegis Technologies Group, LLC, Maturity 10/31/2025, Industry Aerospace and Defense, Current Coupon 12.04%, Basis Point Spread Above Index SOFR+6652023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Riverpoint Medical, LLC (Revolver) Maturity 06/20/2025 Industry Healthcare Equipment and Supplies2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% TWS Acquisition Corporation (Revolver) Maturity 06/16/2025 Industry Diversified Consumer Services2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name LAV Gear Holdings, Inc. Maturity 10/31/2025 Industry Capital Equipment Current Coupon 11.42% Basis Point Spread Above Index SOFR+6432023-10-012024-09-3000015046192024-07-310001504619pflt:FutureIssueOfDebtOrOtherSecuritiesRiskMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% System Planning and Analysis, Inc. - (Revolver) Maturity 08/16/2027 Industry Aerospace and Defense2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Spendmend Holdings LLC, Maturity 3/1/2028, Industry Healthcare Technology, Current Coupon 11.04%, Basis Point Spread Above Index SOFR+5652022-10-012023-09-300001504619Related Party PSSL Equity Securities - 10.5% - Issuer Name New MPE Holdings, LLC Industry Media: Diversified and Production2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% SSC Dominion Holdings, LLC - Class B (US Dominion, Inc.) Industry Capital Equipment2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Cartessa Aesthetics, LLC, Maturity 06/14/2028, Industry Distributors, Current Coupon 11.39%, Basis Point Spread Above Index 3M SOFR+6002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ad.net Acquisition, LLC (Revolver) Maturity 05/07/2026 Industry Media2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Municipal Emergency Services, Inc. - Unfunded Term Loan A Maturity 06/16/2023 Industry Distributors2022-10-012023-09-300001504619pflt:TwoThousandTwentyThreeNotesPayableMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ACP Avenu Buyer, LLC (Revolver) Maturity 10/02/2029 Industry IT Service2024-09-300001504619pflt:TwoThousandAndThirtyOneAssetBackedDebtMemberpflt:ClassA2SeniorSecuredFixedRateNotesDue2031Member2019-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Rural Sourcing Holdings, Inc. (HPA SPQ Merger Sub, Inc.) (Revolver), Maturity 06/15/2029, Industry Professional Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% TTower Arch Infolinks Media, LP (Infolinks Media Buyco, LLC) One Industry Media2022-10-012023-09-3000015046192021-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Eval Home Solutions Intermediate, LLC Maturity 05/10/2030 Industry Healthcare and Pharmaceuticals Current Coupon 10.60% Basis Point Spread Above Index SOFR+5752023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Walker Edison Furniture Company LLC, Maturity 3/31/2027, Industry Wholesale, Current Coupon 12.18%, Basis Point Spread Above Index SOFR+6852022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PlayPower, Inc. Maturity 08/28/2030 Industry Leisure Products Current Coupon 9.85% Basis Point Spread Above Index 1M SOFR+5252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, HW Holdco, LLC, Maturity 12/10/2024, Industry Media, Current Coupon 11.70%, Basis Point Spread Above Index 3M SOFR+6402023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Spendmend Holdings LLC - Unfunded Term Loan Maturity 03/01/2024 Industry Healthcare Technology2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% TWS Acquisition Corporation Maturity 06/16/2025 Industry Diversified Consumer Services Current Coupon 11.81% Basis Point Spread Above Index 3M SOFR+6402023-09-300001504619pflt:RiskRelatedToIssuanceOfSharesOfCommonStockAtPriceBelowCurrentNavPerShareMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Infinity Home Services Holdco, Inc. Maturity 12/28/2028 Industry Commercial Services & Supplies Current Coupon 12.24% Basis Point Spread Above Index SOFR+6852023-09-300001504619Cash and Cash Equivalents - 12.8% - Money Market - BlackRock Federal FD Institutional 81 Industry Financial Services Current Coupon 5.03%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Seaway Buyer, LLC Maturity 06/13/2029 Industry Chemicals, Plastics and Rubber Current Coupon 11.54% Basis Point Spread Above Index 3M SOFR+6152022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Inventus Power, Inc Maturity 6/30/2025 Industry Consumer Goods Durable Current Coupon 12.93% Basis Point Spread Above Index SOFR+7612022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, ETE Intermediate II, LLC (Revolver), Maturity 05/25/2029, Industry Diversified Consumer Services2022-10-012023-09-300001504619pflt:EquityInterestsMemberpflt:PennantParkSeniorSecuredLoanFundILLCMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Ad.net Acquisition, LLC (Revolver), Maturity 05/07/2026, Industry Media, Current Coupon 11.65%, Basis Point Spread Above Index 3M SOFR+6262022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Applied Technical Services, LLC (Revolver) Maturity 12/29/2026 Industry Commercial Services & Supplies Current Coupon 12.75% Basis Point Spread Above Index 3M SOFR+4752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Magnolia Topco LP - Class A Common Equity One Industry Automobiles2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Teneo Holdings LLC, Maturity 7/18/2025, Industry Business Services, Current Coupon 10.67%, Basis Point Spread Above Index SOFR+5352022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% ORL Holdco, Inc. Industry Consumer Finance2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% A1 Garage Merger Sub, LLC Maturity 12/22/2028 Industry Commercial Services & Supplies Current Coupon 10.95% Basis Point Spread Above Index 3M SOFR+6102024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ACP Avenu Buyer, LLC - Unfunded Term Loan Maturity 04/02/2025 Industry IT Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Smile Brands Inc. Maturity 10/12/2027 Industry Healthcare and Pharmaceuticals Current Coupon 10.20% (PIK 1.50%) Basis Point Spread Above Index 1M SOFR+5502024-09-300001504619Related Party PSSL Equity Securities - 10.5% - Issuer Name Walker Edison Furniture - Common Equity Industry Wholesale2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name CF512, Inc. Maturity 08/20/2026 Industry Media Current Coupon 11.21% Basis Point Spread Above Index SOFR+6192023-10-012024-09-300001504619pflt:MetalsAndMiningMember2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Marketplace Events, LLC - Super Priority First Lien Unfunded Term Loan Maturity 09/30/2025 Industry Media: Diversified and Production Current Coupon 0.00% Basis Point Spread Above Index 2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Graffiti Buyer, Inc. (Revolver) Maturity 08/10/2027 Industry Trading Companies & Distributors2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name DRI Holding Inc. Maturity 12/21/2028 Industry Media Current Coupon 10.20% Basis Point Spread Above Index SOFR+5352023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC Term Loan B, Maturity 07/31/2025, Industry Diversified Consumer Services, Current Coupon 11.04%, Basis Point Spread Above Index 3M SOFR+5502022-10-012023-09-300001504619pflt:ClassCRNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Sales Benchmark Index LLC (Revolver) Maturity 01/03/2025 Industry Professional Services2024-09-300001504619pflt:TwoThousandThirtyOneAssetBackedDebtMember2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TCG 3.0 Jogger Acquisitionco, Inc. - (Revolver) Maturity 01/26/2029 Industry Media2024-09-300001504619pflt:TwoThousandThirtySixAssetBackedDebtMemberpflt:PennantParkSeniorSecuredLoanFundILLCMember2023-09-3000015046192024-11-250001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Magnolia Topco LP - Class A Preferred Equity Industry Automobiles2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Output Services Group, Inc - First-Out Term Loan Maturity 11/30/2028 Industry Business Services Current Coupon 13.75% Basis Point Spread Above Index SOFR+8432023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PCS Midco, Inc. Maturity 03/01/2030 Industry Professional Services Current Coupon 10.81% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619pflt:TwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Output Services Group, Inc. - Last-out Term Loan Maturity 05/30/2028 Industry Business Services Current Coupon 12.00% Basis Point Spread Above Index 3M SOFR+6682023-10-012024-09-300001504619Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Lash OpCo, LLC Maturity 02/18/2027 Industry Personal Products Current Coupon 11.88% Basis Point Spread Above Index 1M SOFR+6752023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ACP Falcon Buyer, LLC (Revolver) Maturity 08/01/2029 Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Blackhawk Industrial Distribution, Inc. - Unfunded Term Loan Maturity 09/17/2026 Industry Distributors2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Sigma Defense Systems, LLC (Revolver) Maturity 12/18/2027 Industry IT Services2024-09-300001504619Related Party PSSL Equity Securities - 10.5% - Issuer Name Output Services Group, Inc Industry Business Services2023-10-012024-09-300001504619Assets - 100.0%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, QuantiTech Invest Co LP, Industry Aerospace and Defense2023-09-300001504619pflt:ConsumerServicesMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Beta Plus Technologies, Inc, Maturity 07/01/2029, Industry Internet Software and Services, Current Coupon 11.14%, Basis Point Spread Above Index 3M SOFR+5752022-10-012023-09-3000015046192021-10-012022-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Gauge Loving Tan, LP Industry Personal Products2023-09-300001504619pflt:LegislativeOrRegulatoryTaxChangesMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RRA Corporate, LLC - Unfunded Term Loan 2 Maturity 08/15/2026 Industry Diversified Consumer Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Megawatt Acquisition Partners, LLC - Common A Equity Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Broder Bros., Co. Maturity 12/04/2025 Industry Consumer Products Current Coupon 10.97% Basis Point Spread Above Index SOFR+6112024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Imagine Acquisitionco, LLC Maturity 11/15/2027 Industry Software Current Coupon 10.72% Basis Point Spread Above Index SOFR+5352023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Efficient Collaborative Retail Marketing Company, LLC, Maturity 06/15/2024, Industry Media: Diversified and Production, Current Coupon 13.15%, Basis Point Spread Above Index 3M SOFR+7762022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% AG Investco LP Industry Software2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Summit Behavioral Healthcare, LLC Maturity 11/24/2028 Industry Healthcare Providers and Services Current Coupon 9.31% Basis Point Spread Above Index 1M SOFR+4252023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name DRS Holdings III, Inc.. Maturity 11/3/2025 Industry Consumer Goods: Durable Current Coupon 11.79% Basis Point Spread Above Index SOFR+6402022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% PennantPark-TSO Senior Loan Fund, LP Industry Financial Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Second Lien Secured Debt - 0.0% QuantiTech LLC Maturity 02/04/2027 Industry Aerospace and Defense Current Coupon 15.50% Basis Point Spread Above Index 3M SOFR+10102022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% TPC Holding Company, LP Industry Food Products2024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:TwoThousandThirtyOneAssetBackedDebtMember2023-09-300001504619pflt:AtTheMarketOfferingMember2010-10-012024-09-300001504619pflt:SecondLienMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Inventus Power, Inc. (Revolver) Maturity 06/30/2025 Industry Electronic Equipment, Instruments, and Components2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, FedHC InvestCo LP, Industry Aerospace and Defense2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Any Hour Services, Maturity 07/21/2027, Industry Energy Equipment and Services, Current Coupon 11.22%, Basis Point Spread Above Index 3M SOFR+5852022-10-012023-09-300001504619pflt:AllOtherIndustriesMember2023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies—40.0% First Lien Secured Debt—31.3% Marketplace Events, LLC - Super Priority First Lien Term Loan, Maturity 09/30/2025 Industry Media: Diversified and Production Current Coupon 10.26% Basis Point Spread Above Index 3M SOFR+5402024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% The Vertex Companies, LLC (Revolver) Maturity 08/30/2027 Industry Construction & Engineering Current Coupon 11.67% Basis Point Spread Above Index 1M SOFR+6352023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Walker Edison Furniture, LLC - Term Loan Maturity 03/01/2029 Industry Wholesale2024-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassBNotesMember2024-02-012024-02-290001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Anteriad Holdings, LP (f/k/a MeritDirect Holdings, LP) Industry Media2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Second Lien Secured Debt - 0.0% Mailsouth Inc., Maturity 04/23/2025 Industry Media: Advertising, Printing and Publishing2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Harris & Co. LLC. - Unfunded Term Loan B Maturity 02/09/2026 Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, First Lien Senior Secured Debt - 101.9%, Wildcat Buyerco, Inc, Maturity 02/27/2026, Industry Electronic Equipment, Instruments, and Components, Current Coupon 10.54% Basis Point Spread Above Index 3M SOFR+5152022-10-012023-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:LongTermCreditFacilityMember2023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies—40.0% Equity Interests - 8.7% PennantPark Senior Secured Loan Fund I LLC Industry Financial Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC, Maturity 07/21/2027, Industry Energy Equipment and Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% IG Investments Holdings, LLC (7) Maturity 09/22/2028 Industry Professional Services Current Coupon 11.35% Basis Point Spread Above Index 3M SOFR+6102023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Smartronix, LLC - (Revolver) Maturity 11/23/2027 Industry Aerospace and Defense2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Owl Acquisition, LLC Maturity 02/04/2028 Industry Professional Services Current Coupon 10.20% Basis Point Spread Above Index 3M SOFR+5352024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Simplicity Financial Marketing Group Holdings Inc. Maturity 12/02/2026 Industry Diversified Financial Services Current Coupon 11.73% Basis Point Spread Above Index 3M SOFR+6402023-10-012024-09-300001504619pflt:TruistCreditFacilityMember2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Electro Rent Corporation Maturity 1/17/2024 Industry Electronic Equipment, Instruments, and Components Current Coupon 11.00% Basis Point Spread Above Index SOFR+5502023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% GGG MIDCO, LLC Maturity 09/27/2030 Industry Diversified Consumer Services Current Coupon 9.64% Basis Point Spread Above Index 3M SOFR+5002024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Blackhawk Industrial Distribution, Inc. Maturity 09/17/2026 Industry Distributors Current Coupon 11.00% Basis Point Spread Above Index SOFR+6402023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Gauge TVC Coinvest, LLC (TVC Enterprises, LLC), Industry Professional Services2023-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:SecondLienSubordinatedDebtAndEquityInvestmentsMember2023-10-012024-09-300001504619pflt:AtTheMarketOfferingMember2010-10-012023-09-300001504619pflt:ConstructionAndBuildingMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Harris & Co. LLC - Unfunded Revolver Maturity 08/09/2030 Industry Professional Services2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Cartessa Aesthetics, LLC Maturity 06/14/2028 Industry Distributors Current Coupon 10.35% Basis Point Spread Above Index SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Gauge ETE Blocker, LLC Industry Diversified Consumer Services2022-10-012023-09-3000015046192024-07-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Second Lien Secured Debt - 0.0% QuantiTech LLC Maturity 02/04/2027 Industry Aerospace and Defense Current Coupon 15.50% Basis Point Spread Above Index 3M SOFR+10102023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% NXOF Holdings, Inc. (Tyto Athene, LLC) Industry IT Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Spendmend Holdings LLC (Revolver) Maturity 03/01/2028 Industry Healthcare Technology Current Coupon 11.03% Basis Point Spread Above Index 1M SOFR+5652023-09-300001504619pflt:NotReplicateHistoricalPerformanceOfOtherInvestmentCompaniesAndFundsMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% BioDerm, Inc. (Revolver) Maturity 01/31/2028 Industry Healthcare Equipment and Supplies Current Coupon 11.70% Basis Point Spread Above Index 1M SOFR+6502023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TPCN Midco, LLC Maturity 06/26/2029 Industry Diversified Consumer Services Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Imagine Acquisitionco, LLC Maturity 11/15/2027 Industry Software2023-09-300001504619pflt:ClassDRNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Megawatt Acquisitionco, Inc. - Funded Revolver Maturity 03/01/2030 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.11% Basis Point Spread Above Index 3M SOFR+5252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Graffiti Buyer, Inc. (Revolver) Maturity 08/10/2027 Industry Trading Companies & Distributors Current Coupon 10.7% Basis Point Spread Above Index 3M SOFR+5602024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, eCommission Financial Services, Inc (Revolver), Maturity 10/05/2023, Industry Banking, Finance, Insurance & Real Estate2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% ITI Holdings, Inc. (Revolver) Maturity 03/03/2028 Industry IT Services2023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies—40.0% Equity Interests - 8.7% New MPE Holdings, LLC - Common Equity Industry Media: Diversified and Production2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% UniVista Insurance Industry Insurance2023-09-300001504619pflt:CapitalEquipmentMember2024-09-300001504619pflt:ClassC1SecuredDeferrableFloatingRateNotesDue2036Memberpflt:TwoThousandAndThirtySixAssetBackedDebtMember2024-02-290001504619pflt:FluctuationsInQuarterlyResultsMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Spendmend Holdings LLC (Revolver) Maturity 03/01/2028 Industry Healthcare Technology2023-10-012024-09-300001504619pflt:LongTermCreditFacilityMember2022-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Owl Acquisition, LLC Maturity 02/04/2028 Industry Professional Services Current Coupon 10.20% Basis Point Spread Above Index 3M SOFR+5352023-10-012024-09-3000015046192023-08-012023-08-310001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Pacific Purchaser, LLC - Unfunded Term Loan Maturity 09/30/2028 Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lash OpCo, LLC (Revolver) Maturity 08/16/2026 Industry Personal Products Current Coupon (PIK 5.10%)2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Schlesinger Global, Inc. Maturity 07/14/2025 Industry Business Services Current Coupon 13.20% Basis Point Spread Above Index SOFR+8352023-10-012024-09-300001504619pflt:FirstLienSecuredDebtMembersrt:MinimumMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name RTIC Subsidiary Holdings, LLC Maturity 05/03/2029 Industry Consumer Goods: Durable Current Coupon 10.35% Basis Point Spread Above Index SOFR+5752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% DRS Holdings III, Inc. Maturity 45727 Industry Chemicals, Plastics and Rubber Current Coupon 11.20% Basis Point Spread Above Index 3M SOFR+6352024-09-300001504619us-gaap:FinancingReceivables30To59DaysPastDueMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Icon Partners V C, L.P. One Industry Internet Software and Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, By Light Professional IT Services, LLC, Maturity 05/16/2025, Industry High Tech Industries, Current Coupon 12.43%, Basis Point Spread Above Index 3M SOFR+6882023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Municipal Emergency Services, Inc. Industry Distributors2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% NXOF Holdings, Inc. (Tyto Athene, LLC) Industry IT Services2022-10-012023-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:ClassA1RNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Loving Tan Intermediate II, Inc. Maturity 05/31/2028 Industry Consumer Products Current Coupon 11.10% Basis Point Spread Above Index SOFR+6502023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% UniTek Global Services, Inc.(W) Industry Telecommunications2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Cartessa Aesthetics, LLC (Revolver), Maturity 06/14/2028, Industry Distributors, Current Coupon 11.39%, Basis Point Spread Above Index 3M SOFR+6002022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Gauge ETE Blocker, LLC - Promissory Note Maturity 05/19/2029 Industry Diversified Consumer Services Current Coupon 12.56%2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% BioDerm, Inc. (Revolver) Maturity 01/31/2028 Industry Healthcare Equipment and Supplies Current Coupon 11.70% Basis Point Spread Above Index 1M SOFR+6502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Megawatt Acquisition Partners, LLC - Preferred A Equity Industry Electronic Equipment, Instruments, and Components2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% LAV Gear Holdings, Inc. (Revolver) Maturity 10/31/2024 Industry Capital Equipment Current Coupon 11.02%(PIK 5.50%) Basis Point Spread Above Index 3M SOFR+5652023-09-300001504619pflt:ClassA1RNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2024-07-250001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Blackhawk Industrial Distribution, Inc. Maturity 9/17/2026 Industry Distributors Current Coupon 11.79% Basis Point Spread Above Index SOFR+6402022-10-012023-09-300001504619pflt:TwoThousandTwentySixNotesPayableMember2021-03-310001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Reception Purchaser, LLC Maturity 02/28/2028 Industry Air Freight and Logistics Current Coupon 10.75% Basis Point Spread Above Index SOFR+6152023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% LJ Avalon Holdings, LLC Unfunded Term Loan Maturity 07/31/2024 Industry Construction & Engineering2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% AG Investco LP One Industry Software2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Recteq, LLC, Maturity 01/29/2026, Industry Leisure Products, Current Coupon 11.54%, Basis Point Spread Above Index 3M SOFR+7152022-10-012023-09-300001504619pflt:InvestmentsCostMemberus-gaap:EquityMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% NFS - CFP Holdings LLC Matrity 09/13/2030 Industry Commercial Services & Supplies Current Coupon 9.56% Basis Point Spread Above Index 3M SOFR+4752024-09-300001504619pflt:RiskRelatedToInvestmentInSharesMember2023-10-012024-09-300001504619pflt:NonMoneyMarketMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% IG Investments Holdings, LLC (Revolver) Maturity 09/22/2027 Industry Professional Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Sargent & Greenleaf Inc. Maturity 12/20/2024 Industry Electronic Equipment, Instruments, and Components Current Coupon 12.93% Basis Point Spread Above Index 1M SOFR+7602022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Gauge ETE Blocker, LLC - Promissory Note, Maturity 05/19/2029, Industry Diversified Consumer Services Current Coupon 12.56%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% LJ Avalon, LP Industry Construction & Engineering2024-09-300001504619us-gaap:FairValueInputsLevel1Memberpflt:FirstLienMember2024-09-300001504619pflt:RisksRelatingToInvestmentsInForeignSecuritiesMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Wildcat Buyerco, Inc, Maturity 2/27/2026, Industry Electronic Equipment, Instruments, and Components, Current Coupon 10.54%, Basis Point Spread Above Index SOFR+5152022-10-012023-09-300001504619Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Challenger Performance Optimization, Inc., Maturity 08/31/2024, Industry Business Services, Current Coupon 12.18%, Basis Point Spread Above Index 3M L+6752022-10-012023-09-300001504619pflt:NonControlledAndControlledAffiliatedInvestmentsMember2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% PL Acquisitionco, LLC (Preferred Equity) Industry Textiles, Apparel and Luxury Goods2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name By Light Professional IT Services, LLC Maturity 5/16/2025 Industry High Tech Industries Current Coupon 12.43% Basis Point Spread Above Index SOFR+6882023-09-300001504619Affiliated Investments2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Applied Technical Services, LLC, Maturity 12/29/2026, Industry Commercial Services & Supplies, Current Coupon 11.54%, Basis Point Spread Above Index 3M SOFR+6152022-10-012023-09-300001504619pflt:ControlledAffiliatedInvestmentsMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% PL Acquisitionco, LLC (Preferred Equity) Industry Textiles, Apparel and Luxury Goods2022-10-012023-09-300001504619pflt:NonControlledNonAffiliatedInvestmentsMember2023-09-300001504619pflt:InvestmentsFairValueMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Mission Critical Electronics, Inc. Maturity 03/28/2024 Industry Capital Equipment2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Loving Tan Intermediate II, Inc. Maturity 5/26/2028 Industry Consumer Products Current Coupon 12.39% Basis Point Spread Above Index SOFR+7002022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TCG 3.0 Jogger Acquisitionco, Inc. Maturity 01/26/2029 Industry Media Current Coupon 11.83% Basis Point Spread Above Index 3M SOFR+6502024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Alpine Acquisition Corp II Maturity 11/30/2026 Industry Containers and Packaging Current Coupon 11.30% Basis Point Spread Above Index SOFR+6102023-10-012024-09-300001504619pflt:RTwoThousandAndThirtySixAssetBackedDebtMember2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Hancock Roofing and Construction L.L.C. Maturity 12/31/2026 Industry Insurance Current Coupon 10.92% Basis Point Spread Above Index SOFR+5602022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% HV Watterson Holdings, LLC Industry Professional Services2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Marketplace Events, LLC - Super Priority First Lien Unfunded Term Loan Maturity 09/30/2025 Industry Media: Diversified and Production Current Coupon 0.00% Basis Point Spread Above Index 2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Gauge Lash Coinvest LLC Industry Personal Products2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Mission Critical Electronics, Inc. Maturity 03/28/2024 Industry Capital Equipment Current Coupon 10.65% Basis Point Spread Above Index SOFR+5152023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Teneo Holdings LLC Maturity 07/18/2025 Industry Diversified Financial Services Current Coupon 10.67% Basis Point Spread Above Index 1M SOFR+5352022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Sargent & Greenleaf Inc, Maturity 12/20/2024, Industry Wholesale, Current Coupon 12.92% (PIK 1.00%), Basis Point Spread Above Index SOFR+7602022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Exigo, LLC, Industry Software2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Urology Management Holdings, Inc. - Unfunded Term Loan Maturity 09/03/2026 Industry Healthcare Providers and Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Arcfield Acquisition Corp. (Revolver) Maturity 08/03/2029 Industry Aerospace and Defense Current Coupon 11.56% Basis Point Spread Above Index 1M SOFR+6252024-09-300001504619pflt:TwoThousandThirtySixRAssetBackedDebtMemberus-gaap:FairValueInputsLevel1Member2024-09-300001504619pflt:NonControlledNonAffiliatedInvestmentsMember2021-10-012022-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% PL Acquisitionco, LLC (Preferred Equity) Industry Textiles, Apparel and Luxury Goods2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Loving Tan Intermediate II, Inc. Maturity 05/31/2028 Industry Personal Products Current Coupon 11.10% Basis Point Spread Above Index 3M SOFR+6502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Five Star Buyer, Inc. Maturity 02/23/2028 Industry Hotels, Restaurants and Leisure Current Coupon 12.21% Basis Point Spread Above Index 3M SOFR+7152024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (Integrative Nutrition, LLC), Ironclad Holdco, LLC, (Applied Technical Services, LLC), Industry Commercial Services & Supplies2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MAG DS Corp Maturity 04/01/2027 Industry Aerospace and Defense Current Coupon 10.20% Basis Point Spread Above Index SOFR+5502023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Imagine Topco, LP (Common) Industry Software2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Lucky Bucks, LLC Industry Hotels, Restaurants and Leisure2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Eval Home Health Solutions Intermediate, LLC Maturity 05/10/2030 Industry Healthcare, Education and Childcare Current Coupon 10.6% Basis Point Spread Above Index 3M SOFR+5752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, eCommission Financial Services, Inc, Maturity 10/05/2023, Industry Banking, Finance, Insurance & Real Estate, Current Coupon 10.43%, Basis Point Spread Above Index 1M SOFR+5102023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Exigo, LLC Industry Software2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, BioDerm, Inc. (Revolver), Maturity 01/31/2028, Industry Healthcare Equipment and Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (American Insulated Glass, LLC), IIN Group Holdings, LLC, Industry Consumer Services2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Wildcat Buyerco, Inc, Maturity 2/27/2026, Industry Electronic Equipment, Instruments, and Components, Current Coupon 10.54%, Basis Point Spread Above Index SOFR+5152023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Icon Partners V C, L.P. One Industry Internet Software and Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Integrity Marketing Acquisition, LLC (Revolver) Maturity 08/27/2026 Industry Insurance2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Signature CR Intermediate Holdco, Inc, Industry Commercial Services & Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Quad (U.S.) Co-Invest, L.P. Industry Professional Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% SSC Dominion Holdings, LLC Class B (US Dominion, Inc.)Industry Capital Equipment2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Cartessa Aesthetics, LLC (Preferred) Industry Distributors2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Cartessa Aesthetics, LLC Maturity 06/14/2028 Industry Distributors Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Sigma Defense Systems, LLC, Maturity 12/18/2025, Industry Aerospace and Defense, Current Coupon 14.04%, Basis Point Spread Above Index SOFR+8652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Dr. Squatch, LLC Maturity 08/31/2027 Industry Personal Products Current Coupon 9.95% Basis Point Spread Above Index 3M SOFR+5352024-09-300001504619pflt:ConstructionAndBuildingMember2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Rural Sourcing Holdings, Inc. (HPA SPQ Merger Sub, Inc.) Maturity 06/15/2029 Industry High Tech Industries Current Coupon 10.35% Basis Point Spread Above Index SOFR+5752024-09-300001504619pflt:SecondLienMemberus-gaap:FairValueMeasuredAtNetAssetValuePerShareMember2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MDI Buyer, Inc. Maturity 07/25/2028 Industry Chemicals, Plastics and Rubber Current Coupon 10.60% Basis Point Spread Above Index SOFR+5752024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Lucky Bucks, LLC - First-Out Term Loan One Maturity 10/02/2028 Industry Hotel, Gaming and Leisure Current Coupon 12.77% Basis Point Spread Above Index SOFR+7652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% NFS - CFP Holdings LLC Industry Commercial Services & Supplies2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Sigma Defense Systems, LLC Maturity 12/18/2027 Industry Aerospace and Defense Current Coupon 11.50% Basis Point Spread Above Index SOFR+6902023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberpflt:ValuationTechniqueMarketComparableMemberpflt:MeasurementInputMarketYieldMemberpflt:SecondLienMember2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Lucky Bucks, LLC - First-Out Term Loan Maturity 10/02/2028 Industry Hotel, Gaming and Leisure Current Coupon 12.77% Basis Point Spread Above Index SOFR+7652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% UniTek Global Services, Inc. - Super Senior Preferred Equity Industry Telecommunications Current Coupon 20.00%2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC (Revolver), Maturity 07/31/2025, Industry Diversified Consumer Services, Current Coupon 10.86%, Basis Point Spread Above Index 3M SOFR+5252024-09-300001504619pflt:SubordinateDebtMemberpflt:InvestmentsFairValueMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Infinity Home Services Holdco, Inc. Maturity 12/28/2028 Industry Commercial Services & Supplies Current Coupon 12.24% Basis Point Spread Above Index 3M SOFR+6852023-09-300001504619pflt:FluctuationsInTradingMarketOrMarketValueOfPubliclyIssuedDebtOrConvertibleDebtSecuritiesMember2023-10-012024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies—40.0% First Lien Secured Debt—31.3% PennantPark Senior Secured Loan Fund I LLC Maturity 05/06/2029 Industry Financial Services Current Coupon 13.28% Basis Point Spread Above Index 3M SOFR+8002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ad.net Acquisition, LLC - Funded Revolver Maturity 05/07/2026 Industry Media Current Coupon 10.93% Basis Point Spread Above Index 3M SOFR+6262023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Cartessa Aesthetics, LLC (Revolver) Maturity 06/14/2028 Industry Distributors2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies -118.1% Common Equity/Warrants - 14.5%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% MBS Holdings, Inc. (Revolver) Maturity 04/16/2027 Industry Internet Software and Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Megawatt Acquisitionco, Inc. Maturity 03/01/2030 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.11% Basis Point Spread Above Index 3M SOFR+5252024-09-300001504619pflt:ClassC2SecuredDeferrableFixedRateNotesDue2031Memberpflt:TwoThousandAndThirtyOneAssetBackedDebtMember2019-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (Integrative Nutrition, LLC), Ironclad Holdco, LLC, ITC Rumba, LLC (Cano Health, LLC), Industry Healthcare and Pharmaceuticals2023-09-300001504619pflt:TaxableSubsidiaryMember2023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMemberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Graffiti Buyer, Inc. (Revolver) Maturity 08/10/2027 Industry Trading Companies & Distributors2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name The Vertex Companies, LLC, Maturity 8/31/2027, Industry Construction and Engineering, Current Coupon 11.72%, Basis Point Spread Above Index SOFR+6352022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Aechelon Technology, Inc. Maturity 08/16/2029 Industry Aerospace and Defense Current Coupon 12.35% Basis Point Spread Above Index 3M SOFR+7502023-10-012024-09-300001504619pflt:TwoThousandTwentySixNotesPayableMember2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Confluent Health, LLC Maturity 10/28/2028 Industry Healthcare and Pharmaceuticals Current Coupon 8.96% Basis Point Spread Above Index SOFR+400Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Confluent Health, LLC Maturity 10/28/2028 Industry Healthcare and Pharmaceuticals Current Coupon 8.96% Basis Point Spread Above Index SOFR+4002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, BioDerm, Inc. (Revolver), Maturity 01/31/2028, Industry Healthcare Equipment and Supplies, Current Coupon 11.81%, Basis Point Spread Above Index 1M SOFR+6502022-10-012023-09-300001504619pflt:RiskRelatedToInvestingNetProceedsRaisedFromOfferingsMember2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name EDS Buyer, LLC Maturity 01/10/2029 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.35% Basis Point Spread Above Index SOFR+5752024-09-300001504619us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueInputsLevel1Member2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% AG Investco LP One Industry Software2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ledge Lounger, Inc. Maturity 11/09/2026 Industry Leisure Products Current Coupon 12.25% Basis Point Spread Above Index 3M SOFR+7652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Signature CR Intermediate Holdco, Inc. Industry Commercial Services & Supplies Current Coupon 12.00%2022-10-012023-09-300001504619us-gaap:FairValueInputsLevel2Memberpflt:SecondLienMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% TPCN Holdings, LLC - Common Equity Industry Diversified Consumer Services2024-09-300001504619pflt:ClassA1SeniorSecuredFloatingRateLoansMemberpflt:TwoThousandAndThirtySixAssetBackedDebtMember2024-02-290001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RTIC Subsidiary Holdings, LLC Maturity 05/03/2029 Industry Leisure Products Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Tyto Athene, LLC Maturity 04/01/2028 Industry IT Services Current Coupon 10.23% Basis Point Spread Above Index 1M SOFR+4902023-10-012024-09-300001504619us-gaap:FairValueInputsLevel1Memberpflt:FirstLienMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% IG Investments Holdings, LLC (7) Maturity 09/22/2028 Industry Professional Services Current Coupon 11.35% Basis Point Spread Above Index 3M SOFR+6102024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% TWD Parent Holdings, LLC (The Vertex Companies, LLC) Industry Construction & Engineering2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Output Services Group, Inc. Maturity 06/27/2026 Industry Business Services Current Coupon 0.00%2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Magnolia Topco LP - Class A Common Equity Industry Automobiles2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Challenger Performance Optimization, Inc.Maturity 8/31/2024 Industry Business Serviceg Current Coupon 12.18% Basis Point Spread Above Index SOFR+6752023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Pacific Purchaser, LLC Maturity 09/30/2028 Industry Business Services Current Coupon 11.51% Basis Point Spread Above Index SOFR+6252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Altamira Intermediate Company II, Inc. Industry IT Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, CF512, Inc., Maturity 08/20/2026, Industry Media, Current Coupon 11.59%, Basis Point Spread Above Index 3M SOFR+6192022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Ledge Lounger, Inc. Maturity 11/09/2026 Industry Leisure Products Current Coupon 11.79% Basis Point Spread Above Index 3M SOFR+6402023-09-300001504619us-gaap:InvestmentUnaffiliatedIssuerMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Crane 1 Services, Inc (Revolver), Maturity 08/16/2027, Industry Commercial Services & Supplies, Current Coupon 10.90%, Basis Point Spread Above Index 3M SOFR+5512022-10-012023-09-300001504619pflt:IncentiveFeePaymentConditionOneMember2023-10-012024-09-300001504619pflt:AtTheMarketOfferingMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% The Vertex Companies, LLC Maturity 08/30/2027 Industry Construction & Engineering Current Coupon 10.95% Basis Point Spread Above Index 1M SOFR+6102024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (Integrative Nutrition, LLC), Imagine Topco, LP (Common), Industry Software2022-10-012023-09-300001504619us-gaap:FinancialServicesSectorMember2024-09-300001504619pflt:UnrealizedLossesMember2023-10-012024-09-300001504619pflt:HighTechIndustriesMember2024-09-300001504619pflt:InformationSystemsAndSystemsFailuresMember2023-10-012024-09-300001504619pflt:TwoThousandAndThirtySixAssetBackDebtMember2021-10-012022-09-300001504619Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Lash OpCo, LLC (Revolver) Maturity 08/16/2026 Industry Personal Products Current Coupon 12.15% Basis Point Spread Above Index 3M SOFR+6752023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Anteriad, LLC (f/k/a MeritDirect, LLC) - Incremental Term Loan, Maturity 05/23/2024, Industry Media, Current Coupon 12.04%, Basis Point Spread Above Index 3M SOFR+6652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% The Vertex Companies, LLC (Revolver) Maturity 08/30/2027 Industry Construction & Engineering2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, KL Stockton Co-Invest LP (Any Hour Services), Industry Energy Equipment and Services2022-10-012023-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:SecondLienMemberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Mission Critical Electronics, Inc. (Revolver) Maturity 03/28/2024 Industry Capital Equipment2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Arcfield Acquisition Corp. Maturity 08/03/2029 Industry Aerospace and Defense Current Coupon 11.56% Basis Point Spread Above Index SOFR+6252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, First Lien Senior Secured Debt - 101.9%, Zips Car Wash, LLC, Maturity 03/01/2024, Industry Automobiles, Current Coupon 12.67% Basis Point Spread Above Index 1M SOFR+7352023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Integrity Marketing Acquisition, LLC Maturity 08/27/2026 Industry Insurance Current Coupon 11.57% Basis Point Spread Above Index 3M SOFR+6152022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Ad.net Holdings, Inc. Industry Media2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Pacific Purchaser, LLC - Unfunded Term Loan Maturity 09/30/2028 Industry Professional Services2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Magenta Buyer, LLC - Second-Out Term Loan Maturity 07/31/2028 Industry Software Current Coupon 12.38% Basis Point Spread Above Index SOFR+8012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% TWD Parent Holdings, LLC (The Vertex Companies, LLC) Industry Construction & Engineering2022-10-012023-09-300001504619Related Party PSSL, Equity - 100.0%2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% C5MI Holdco, LLC - Unfunded Revolver Maturity 07/31/2030 Industry IT Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, First Lien Senior Secured Debt - 101.9% , Schlesinger Global, Inc., Maturity 07/14/2025, Industry Professional Services, Instruments, and Components, Current Coupon 12.07, Basis Point Spread Above Index 3M SOFR+7152022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Carnegie Dartlet, LLC Maturity 02/07/2030 Industry Media: Advertising, Printing & Publishing Current Coupon 10.60% Basis Point Spread Above Index SOFR+5502023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Seaway Buyer, LLC Maturity 06/13/2029 Industry Chemicals, Plastics and Rubber Current Coupon 10.75% Basis Point Spread Above Index 3M SOFR+6152024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Archer Lewis, LLC - Unfunded Term Loan B Maturity 08/28/2026 Industry Healthcare Technology2023-10-012024-09-300001504619pflt:ClassA2RNotesMemberus-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2024-07-252024-07-250001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lash OpCo, LLC (Revolver) Maturity 08/16/2026 Industry Personal Products Current Coupon 12.94% (PIK 5.10%) Basis Point Spread Above Index 1M SOFR+7852023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PH Beauty Holdings III, Inc. Maturity 09/28/2025 Industry Consumer Products Current Coupon 10.17% Basis Point Spread Above Index 3M SOFR+5432023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Duggal Acquisition, LLC - Unfunded Term Loan Maturity 09/30/2026 Industry Marketing Services2024-09-3000015046192022-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% EDS Buyer, LLC. (Revolver) Maturity 01/10/2029 Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Anteriad Holdings Inc (fka MeritDirect) March 2023 Maturity 5/23/2024 Industry Media: Advertising, Printing & Publishing Current Coupon 12.04% Basis Point Spread Above Index SOFR+6502023-09-300001504619pflt:RTwoThousandAndThirtySixAssetBackedDebtMember2024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMemberpflt:MeasurementInputMarketYieldMembersrt:MinimumMemberpflt:SecondLienMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% GGG MIDCO, LLC – Unfunded Revolver Maturity 09/27/2030 Industry Diversified Consumer Services2023-10-012024-09-300001504619pflt:SBADebenturesMember2024-02-012024-02-290001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Tyto Athene, LLC, Maturity 4/1/2028, Industry IT Services, Current Coupon 10.90%, Basis Point Spread Above Index SOFR+5502022-10-012023-09-300001504619us-gaap:EquityMethodInvestmentsMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Wildcat Parent, LP (Wildcat Buyerco, Inc.) Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Ledge Lounger, Inc. (Revolver) Maturity 11/09/2026 Industry Leisure Products2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Cartessa Aesthetics, LLC Maturity 06/14/2028 Industry Distributors Current Coupon 10.35% Basis Point Spread Above Index 3M SOFR+5752023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Quantic Electronics, LLC - Funded revolver Maturity 11/19/2026 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.95% Basis Point Spread Above Index 3M SOFR+6352023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Applied Technical Services, LLC Maturity 12/29/2026 Industry Commercial Services & Supplies Current Coupon 10.50% Basis Point Spread Above Index 3M SOFR+5902024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 111.8% First Lien Senior Secured Debt - 101.9% Tyto Athene, LLC Maturity 04/01/2028 Industry IT Services Current Coupon 10.90% Basis Point Spread Above Index 3M SOFR+5652022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name TWS Acquisition Corporation, Maturity 6/16/2025, Industry Diversified Consumer Services, Current Coupon 11.80%, Basis Point Spread Above Index SOFR+6252022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Rancho Health MSO, Inc. (Revolver), Maturity 11/18/2025, Industry Healthcare Equipment and Supplies, Current Coupon 11.24%, Basis Point Spread Above Index 3M SOFR+5852022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Kinetic Purchaser, LLC, Industry Personal Products2023-09-300001504619pflt:RAssetBackedDebt2036Fiscal2024Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% AFC Acquisitions, Inc. (Preferred) Industry Distributors2024-09-300001504619us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMemberpflt:FirstLienMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Skopima Consilio Parent, LLC Maturity 05/17/2028 Industry Business Services Current Coupon 9.46% Basis Point Spread Above Index 1M SOFR+4612024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, (Integrative Nutrition, LLC), Ironclad Holdco, LLC, ITC Infusion Co-invest, LP, Industry Healthcare Equipment and Supplies2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% ORL Holdco, Inc. Industry Consumer Finance2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% TAC LifePort Holdings, LLC Industry Aerospace and Defense2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% MDI Aggregator, LP Industry Commodity Chemicals2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Kinetic Purchaser, LLC - (Revolver) Maturity 11/10/2026 Industry Personal Products2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MAG DS Corp Maturity 04/01/2027 Industry Aerospace and Defense Current Coupon 10.20% Basis Point Spread Above Index SOFR+5502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RTIC Subsidiary Holdings, LLC - Unfunded Revolver Maturity 05/03/2029 Industry Leisure Products2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Hancock Roofing and Construction L.L.C. Maturity 12/31/2026 Industry Insurance Current Coupon 10.2% Basis Point Spread Above Index 3M SOFR+5602024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Quantic Electronics, LLCMaturity 11/19/2026 Industry Aerospace and Defense Current Coupon 11.74% Basis Point Spread Above Index SOFR+6352022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MBS Holdings, Inc. Maturity 04/16/2027 Industry Internet Software and Services Current Coupon 10.59% Basis Point Spread Above Index SOFR+5852024-09-300001504619Liabilities in Excess of Other Assets - (78.6)%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Anteriad Holdings, LP (f/k/a MeritDirect Holdings, LP) Industry Media2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Kinetic Purchaser, LLC Maturity 11/10/2027 Industry Personal Products Current Coupon 11.54% Basis Point Spread Above Index SOFR+6152022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Output Services Group, Inc - Last-Out Term Loan Maturity 05/30/2028 Industry Business Services Current Coupon 12.00% Basis Point Spread Above Index SOFR+6682024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Blackhawk Industrial Distribution, Inc. (Revolver) Maturity 09/17/2026 Industry Distributors Current Coupon 11.04% Basis Point Spread Above Index 3M SOFR+6402024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TransGo, LLC Maturity 12/29/2028 Industry Auto Components Current Coupon 10.60% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Duggal Acquisition, LLC Maturity 09/30/2030 Industry Marketing Services Current Coupon 9.60% Basis Point Spread Above Index 3M SOFR+5002023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Ad.net Acquisition, LLC Maturity 5/7/2026 Industry Media Current Coupon 11.65% Basis Point Spread Above Index SOFR+6262022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MAG DS Corp. Maturity 04/01/2027 Industry Aerospace and Defense Current Coupon 10.20% Basis Point Spread Above Index 1M SOFR+5502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% ITC Infusion Co-invest, LP Industry Healthcare Equipment and Supplies2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name HEC Purchaser Corp Maturity 06/17/2029 Industry Healthcare and Pharmaceuticals Current Coupon 9.75% Basis Point Spread Above Index SOFR+5502023-10-012024-09-300001504619pflt:ClassBRNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619us-gaap:InvestmentUnaffiliatedIssuerMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Anteriad, LLC (f/k/a MeritDirect, LLC) - Incremental Term Loan, Maturity 05/23/2024, Industry Media, Current Coupon 12.04%, Basis Point Spread Above Index 3M SOFR+6652023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Compex Legal Services, Inc. (Revolver) (7) Maturity 02/07/2025 Industry Professional Services2024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Solutionreach, Inc, Maturity 7/17/2025, Industry Healthcare and Pharmaceuticals, Current Coupon 12.37%, Basis Point Spread Above Index SOFR+7002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% MDI Buyer, Inc. Maturity 07/25/2028 Industry Commodity Chemicals Current Coupon 11.09% Basis Point Spread Above Index 3M SOFR+6252022-10-012023-09-300001504619pflt:InvestmentsCostMemberpflt:FirstLienMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Ad.net Holdings, Inc. Industry Media2023-10-012024-09-300001504619pflt:TwoThousandAndThirtyOneAssetBackedDebtMember2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Infinity Home Services Holdco, Inc. Maturity 12/28/2028 Industry Commercial Services & Supplies Current Coupon 10.96% Basis Point Spread Above Index 3M SOFR+6852024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Gauge Loving Tan, LP Industry Personal Products2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RRA Corporate, LLC - Unfunded Term Loan 2 Maturity 08/15/2026 Industry Diversified Consumer Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% SBI Holdings Investments LLC (Sales Benchmark Index LLC) Industry Professional Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% Imagine Topco, LP Industry Software Current Coupon 8.00%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% LEP Pequod Holdings, LP Industry Financial Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Keel Platform, LLC - Unfunded Term Loan Maturity 01/19/2031 Industry Metals and Mining2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Hills Distribution Inc. - Unfunded Term Loan Maturity 11/07/2025 Industry Distributors2023-10-012024-09-300001504619pflt:BuildingProductsMember2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MBS Holdings, Inc. (New Issue) - Incremental Maturity 04/16/2027 Industry Internet Software and Services Current Coupon 11.34% Basis Point Spread Above Index SOFR+6602024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Output Services Group, Inc. Industry Business Services2024-09-3000015046192024-04-012024-06-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Lightspeed Investment Holdco LLC, Industry Healthcare Technology2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Broder Bros., Co. Maturity 12/4/2025 Industry Consumer Products Current Coupon 11.50% Basis Point Spread Above Index SOFR+6262023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ad.net Acquisition, LLC - Funded Revolver Maturity 05/07/2026 Industry Media Current Coupon 10.93% Basis Point Spread Above Index 3M SOFR+6262024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Graffiti Buyer, Inc (Revolver), Maturity 08/10/2027, Industry Trading Companies & Distributors, Current Coupon 10.98%, Basis Point Spread Above Index 3M SOFR+5752023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name By Light Professional IT Services, LLC Maturity 05/16/2025 Industry High Tech Industries Current Coupon 12.18% Basis Point Spread Above Index SOFR+6982023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Pequod Merger Sub, Inc. - Unfunded Term Loan Maturity 12/02/2026 Industry Diversified Financial Services2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Dynata, LLC - First Out Term Loan Maturity 07/15/2028 Industry Diversified Consumer Services Current Coupon 10.38% Basis Point Spread Above Index SOFR+5262023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Preferred Equity— 1.8%, Cartessa Aesthetics, LLC (Preferred), Industry Distributors2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Gauge ETE Blocker, LLC - Promissory Note, Maturity 05/19/2029, Industry Diversified Consumer Services Current Coupon 12.56%2022-10-012023-09-300001504619pflt:ChangesInInterestRatesMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 169.5% First Lien Senior Secured Debt - 149.7% Sargent & Greenleaf Inc. (Revolver) Maturity 12/20/2024 Industry Electronic Equipment, Instruments, and Components2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, HW Holdco, LLC (Revolver), Maturity 12/10/2024, Industry Media, Current Coupon 11.82%, Basis Point Spread Above Index 3M SOFR+6402022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Duggal Acquisition, LLC - Unfunded Revolver Maturity 09/30/2030 Industry Marketing Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% RTIC Parent Holdings, LLC - Class C Preferred Equity One Industry Leisure Products2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% UniTek Global Services, Inc. - Senior Preferred Equity Industry Telecommunications Current Coupon 19.00%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants- 14.5% TPC Holding Company, LP Industry Food Products2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% FedHC InvestCo LP Industry Aerospace and Defense2024-09-300001504619pflt:NonControlledAffiliatedInvestmentsMember2021-10-012022-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name ETE Intermediate II, LLC Maturity 5/29/2029 Industry Diversified Consumer Services Current Coupon 11.89% Basis Point Spread Above Index SOFR+6502023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% GCOM InvestCo LP Industry IT Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Ad.net Acquisition, LLC (Revolver), Maturity 05/07/2026, Industry Media, Current Coupon 11.65%, Basis Point Spread Above Index 3M SOFR+6262024-09-300001504619pflt:LongTermCreditFacilityMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Cadence Aerospace, LLC, Maturity 11/14/2023, Industry Aerospace and Defense, Current Coupon 12.07%, Basis Point Spread Above Index 3M SOFR+6652023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Blackhawk Industrial Distribution, Inc. (Revolver), Maturity 09/17/2026, Industry Distributors, Current Coupon 13.75%, Basis Point Spread Above Index 3M SOFR+5252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Signature Systems Holding Company Maturity 05/03/2024 Industry Commercial Services & Supplies Current Coupon 12.04% Basis Point Spread Above Index 1M L+6652023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lightspeed Buyer Inc. Maturity 02/03/2026 Industry Healthcare Technology Current Coupon 10.20% Basis Point Spread Above Index 1M SOFR+5352024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Magnolia Topco LP - Class B Preferred Equity Industry Automobiles2023-10-012024-09-300001504619pflt:PennantparkSeniorSecuredLoanFundLlcPortfolioMember2023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMemberpflt:MeasurementInputMarketYieldMembersrt:MaximumMemberpflt:FirstLienMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MAG DS Corp. Maturity 04/01/2027 Industry Aerospace and Defense Current Coupon 10.20% Basis Point Spread Above Index 1M SOFR+5502023-10-012024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% First Lien Secured Debt - 36.8% Marketplace Events, LLC - Super Priority First Lien Term Loan, Maturity 09/30/2025, Industry Media: Diversified and Production, Current Coupon 10.94, Basis Point Spread Above Index 3M SOFR+5502022-10-012023-09-300001504619pflt:CreditFacilityFiscal2019Member2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Carnegie Dartlet, LLC - Unfunded Term Loan Maturity 02/07/2026 Industry Professional Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% LAV Gear Holdings, Inc. (Revolver) Maturity 10/31/2025 Industry Capital Equipment Current Coupon 11.64% Basis Point Spread Above Index 1M SOFR+6402024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Duraco Specialty Tapes LLC Maturity 6/30/2024 Industry Containers and Packaging Current Coupon 11.89% Basis Point Spread Above Index SOFR+6502023-09-300001504619pflt:ClassDRNotesMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Magnolia Topco LP - Class B Common Equity, Industry Automobiles2023-09-300001504619pflt:ElectronicEquipmentInstrumentsAndComponentsMember2024-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:ClassDRNotesMemberpflt:RTwoThousandAndThirtySixAssetBackedDebtMember2024-07-252024-07-250001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name LAV Gear Holdings, Inc. Maturity 10/31/2024 Industry Capital Equipment Current Coupon 11.74% Basis Point Spread Above Index SOFR+6432023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Loving Tan Intermediate II, Inc. - Unfunded Revolver Maturity 05/31/2028 Industry Personal Products2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Harris & Co. LLC. - Unfunded Term Loan A Maturity 02/09/2025 Industry Professional Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Gauge ETE Blocker, LLC Industry Diversified Consumer Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Pragmatic Institute, LLC - Unfunded Term Loan Maturity 07/06/2028 Industry Professional Services2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Pacific Purchaser, LLC Maturity 09/30/2028 Industry Business Services Current Coupon 11.51% Basis Point Spread Above Index SOFR+6252024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Ad.net Acquisition, LLC Maturity 05/07/2026 Industry Media Current Coupon 11.28% Basis Point Spread Above Index SOFR+6262023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% UniTek Global Services, Inc.(C) Industry Telecommunications2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC Term Loan B, Maturity 07/31/2025, Industry Diversified Consumer Services, Current Coupon 11.04%, Basis Point Spread Above Index 3M SOFR+5502023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Confluent Health, LLC Maturity 10/28/2028 Industry Healthcare and Pharmaceuticals Current Coupon 9.32% Basis Point Spread Above Index SOFR+4002022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Beta Plus Technologies, Inc. Maturity 7/1/2029 Industry Business Services Current Coupon 11.14% Basis Point Spread Above Index SOFR+5752022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Anteriad Holdings, LP (f/k/a MeritDirect Holdings, LP) Industry Media2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ox Two, LLC Maturity 05/18/2026 Industry Construction and Building Current Coupon 11.12% Basis Point Spread Above Index 3M SOFR+6512023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Fairbanks Morse Defense Maturity 6/17/2028 Industry Aerospace and Defense Current Coupon 11.40% Basis Point Spread Above Index SOFR+4752023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% FedHC InvestCo LP Industry Aerospace and Defense One2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Inventus Power, Inc. Maturity 06/30/2025 Industry Electronic Equipment, Instruments, and Components Current Coupon 12.46% Basis Point Spread Above Index 3M SOFR+7612023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Aechelon Technology, Inc. - Unfunded Revolver Maturity 08/16/2029 Industry Aerospace and Defense2024-09-300001504619pflt:IncentiveFeePaymentConditionTwoMember2023-10-012024-09-300001504619pflt:DifficultyInPayingAnnualDistributionRequirementMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Exigo, LLC Industry Software2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Eisner Advisory Group, LLC Maturity 02/23/2031 Industry Professional Services Current Coupon 9.25% Basis Point Spread Above Index 3M SOFR+4002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Icon Partners V C, L.P Industry Internet Software and Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% HEC Purchaser Corp. Maturity 06/17/2029 Industry Healthcare, Education and Childcare Current Coupon 9.75% Basis Point Spread Above Index 3M SOFR+5502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Keel Platform, LLC Maturity 01/19/2031 Industry Metals and Mining Current Coupon 10.09% Basis Point Spread Above Index 3M SOFR+5252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% ORL Holdco, Inc Industry Consumer Finance2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ad.net Acquisition, LLC Maturity 05/07/2026 Industry Media Current Coupon 10.93% Basis Point Spread Above Index 3M SOFR+6262023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Schlesinger Global, Inc, Maturity 7/14/2025, Industry Business Services, Current Coupon 12.52% (PIK .50%), Basis Point Spread Above Index SOFR+7152022-10-012023-09-300001504619us-gaap:InvestmentAffiliatedIssuerControlledMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lucky Bucks, LLC - First-out Term Loan Maturity 10/02/2028 Industry Hotels, Restaurants and Leisure Current Coupon 12.77% Basis Point Spread Above Index 3M SOFR+7652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Meadowlark Acquirer, LLC Maturity 12/10/2027 Industry Professional Services Current Coupon 10.50% Basis Point Spread Above Index 3M SOFR+5902023-10-012024-09-300001504619pflt:Notes2023Fiscal2021Member2024-09-300001504619us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Anteriad, LLC (f/k/a MeritDirect, LLC) (Revolver), Maturity 05/23/2024, Industry Media2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name ECL Entertainment, LLC Maturity 8/31/2030 Industry Hotel, Gaming and Leisure Current Coupon 10.07% Basis Point Spread Above Index SOFR+4752023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% Equity Interests - 8.3%% PennantPark Senior Secured Loan Fund I LLC, Industry Financial Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Ad.net Acquisition, LLC, Maturity 05/07/2026, Industry Media, Current Coupon 11.65%, Basis Point Spread Above Index 3M SOFR+6262022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Connatix Buyer, Inc. Maturity 07/13/2027 Industry Media Current Coupon 10.53% Basis Point Spread Above Index 3M SOFR+5612023-10-012024-09-300001504619us-gaap:FairValueInputsLevel2Member2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Preferred Equity - 2.1% Imagine Topco, LP Industry Software Current Coupon 8.00%2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Wildcat Buyerco, Inc. (Revolver) Maturity 02/26/2027 Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Amsive Holding Corporation (f/k/a Vision Purchaser Corporation), Maturity 06/10/2025, Industry Media, Current Coupon 11.79%, Basis Point Spread Above Index 3M SOFR+6402023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Burgess Point Purchaser Corporation Maturity 09/26/2029 Industry Automotive Current Coupon 10.20% Basis Point Spread Above Index SOFR+5352023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% ORL Acquisition, Inc. Matrity 09/03/2027 Industry Consumer Finance Current Coupon 14.00% (PIK 7.50%) Basis Point Spread Above Index 3M SOFR+9402024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Walker Edison Furniture Company LLC - DDTL - Unfunded, Maturity 3/31/2027, Industry Wholesale2022-10-012023-09-300001504619pflt:TwoThousandTwentySixNotesPayableMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies -118.1% Common Equity/Warrants - 14.5% NXOF Holdings, Inc. (Tyto Athene, LLC) Industry IT Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Archer Lewis, LLC - Unfunded Term Loan A Maturity 08/28/2025 Industry Healthcare Technology2023-10-012024-09-300001504619pflt:ClassB1SeniorSecuredFloatingRateNotesDue2031Memberpflt:TwoThousandAndThirtyOneAssetBackedDebtMember2019-09-3000015046192024-01-312024-01-310001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Pink Lily Holdco, LLC Industry Textiles, Apparel and Luxury Goods2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Wildcat Buyerco, Inc. Maturity 02/27/2027 Industry Electronic Equipment, Instruments, and Components Current Coupon 10.60% Basis Point Spread Above Index SOFR+5752024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Peaquod Merger Sub, Inc. LLCC Maturity 12/2/2026 Industry Diversified Financial Services Current Coupon 11.79% Basis Point Spread Above Index SOFR+6402022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Crane 1 Services, Inc. Maturity 08/16/2027 Industry Commercial Services & Supplies Current Coupon 10.71% Basis Point Spread Above Index SOFR+5862023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Pragmatic Institute, LLC. Maturity 7/6/2028 Industry Education Current Coupon 11.17% Basis Point Spread Above Index SOFR+5752022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Dr. Squatch, LLC Maturity 08/31/2027 Industry Personal Products Current Coupon 9.95% Basis Point Spread Above Index 3M SOFR+5352023-10-012024-09-300001504619us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberpflt:TwoThousandAndThirtySixAssetBackedDebtMemberpflt:ClassA2SeniorSecuredFixedRateNotesDue2036Member2024-02-290001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Applied Technical Services, LLC (Revolver) Maturity 12/29/2026 Industry Commercial Services & Supplies Current Coupon 12.75% Basis Point Spread Above Index 3M SOFR+4752023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Beacon Behavioral Services, LLC Maturity 06/21/2029 Industry Healthcare and Pharmaceuticals Current Coupon 9.85% Basis Point Spread Above Index SOFR+5252024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name ITI Holdings, Inc. Maturity 03/03/2028 Industry IT Services Current Coupon 10.58% Basis Point Spread Above Index SOFR+5652023-10-012024-09-300001504619pflt:MarketingServicesMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, HW Holdco, LLC, Maturity 12/10/2024, Industry Media, Current Coupon 11.70%, Basis Point Spread Above Index 3M SOFR+6402022-10-012023-09-300001504619pflt:TwoThousandTwentyThreeNotesMember2020-12-152020-12-150001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Rancho Health MSO, Inc. (Revolver) Maturity 12/18/2025 Industry Healthcare Equipment and Supplies Current Coupon 10.93% Basis Point Spread Above Index 3M SOFR+5602024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Graffiti Buyer, Inc (Revolver), Maturity 08/10/2027, Industry Trading Companies & Distributors, Current Coupon 10.98%, Basis Point Spread Above Index 3M SOFR+5752022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Any Hour Services, Maturity 07/21/2027, Industry Energy Equipment and Services, Current Coupon 11.22%, Basis Point Spread Above Index 3M SOFR+5852024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name BlueHalo Financing Holdings, LLC Maturity 10/31/2025 Industry Aerospace and Defense Current Coupon 10.60% Basis Point Spread Above Index SOFR+6002023-10-012024-09-300001504619pflt:FluctuationsInNAVAndMarketValueOfCommonStockWhileIssuanceOfPreferredStockDebtSecuritiesOrConvertibleDebtSecuritiesMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, DRS Holdings III, Inc, Maturity 11/03/2025, Industry Chemicals, Plastics and Rubber, Current Coupon 11.79%, Basis Point Spread Above Index 3M SOFR+6402022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lash OpCo, LLC (Revolver) Maturity 08/16/2026 Industry Personal Products Current Coupon 12.94% (PIK 5.10%) Basis Point Spread Above Index 1M SOFR+7852024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Lucky Bucks, LLC - Last-out Term Loan Maturity 10/02/2028 Industry Hotels, Restaurants and Leisure Current Coupon 12.77% Basis Point Spread Above Index 3M SOFR+7652023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% ITC Infusion Co-invest, LP Industry Healthcare Equipment and Supplies2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% GGG MIDCO, LLC - Unfunded Term Loan Maturity 03/27/2026 Industry Diversified Consumer Services2023-10-012024-09-300001504619pflt:RiskRelatedToSaleOfSecuritiesMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Integrative Nutrition, LLC Maturity 01/31/2025 Industry Consumer Services Current Coupon 11.36% (PIK 6.00%) Basis Point Spread Above Index 3M SOFR+7152024-09-3000015046192021-01-310001504619us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:EquityMethodInvestmentsMemberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMember2024-09-300001504619pflt:AutomobilesIndustryMember2023-09-300001504619pflt:AutoComponentsMember2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Sargent & Greenleaf Inc. Maturity 12/20/2024 Industry Wholesale Current Coupon 12.45% Basis Point Spread Above Index SOFR+7602024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:TwoThousandTwentySixNotesPayableMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MDI Buyer, Inc. (Revolver) Maturity 07/25/2028 Industry Commodity Chemicals Current Coupon 11.25% Basis Point Spread Above Index 3M SOFR+6002023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Loving Tan Intermediate II, Inc. Maturity 05/31/2028 Industry Personal Products Current Coupon 11.10% Basis Point Spread Above Index 3M SOFR+6502023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% A1 Garage Merger Sub, LLC Maturity 12/22/2028 Industry Commercial Services & Supplies Current Coupon 10.95% Basis Point Spread Above Index 3M SOFR+6102023-10-012024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% First Lien Secured Debt - 36.8%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Lightspeed Buyer Inc. (Revolver) Maturity 02/03/2026 Industry Healthcare Technology2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Blackhawk Industrial Distribution, Inc. - Unfunded Term Loan, Maturity 09/17/2026, Industry Distributors2022-10-012023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% Equity Interests - 8.3%2023-09-300001504619us-gaap:FairValueInputsLevel3Member2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% S101 Holdings, Inc. - Unfunded Term Loan 2 Maturity 12/15/2024 Industry Electronic Equipment, Instruments, and Components2023-10-012024-09-300001504619pflt:PennantParkSeniorSecuredLoanFundILLCMember2023-09-300001504619srt:MaximumMemberpflt:IncentiveFeePaymentConditionTwoMember2023-10-012024-09-300001504619Non-Affiliated Investments2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Loving Tan Intermediate II, Inc. Maturity 05/31/2028 Industry Consumer Products Current Coupon 11.10% Basis Point Spread Above Index SOFR+6502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% UniTek Global Services, Inc. Industry Telecommunications Current Coupon 13.50%2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Municipal Emergency Services, Inc. Maturity 10/01/2027 Industry Distributors Current Coupon 11.04% Basis Point Spread Above Index 3M SOFR+5652023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Municipal Emergency Services, Inc. (Revolver) Maturity 10/01/2027 Industry Distributors2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Zips Car Wash, LLC, Maturity 3/1/2024, Industry Automobiles, Current Coupon 12.67%, Basis Point Spread Above Index SOFR+7352022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Harris & Co. LLC. - Unfunded Term Loan A Maturity 02/09/2025 Industry Professional Services2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Preferred Equity - 1.8% UniTek Global Services, Inc. Industry Telecommunications Current Coupon 13.50%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, LEP Pequod Holdings, LP, Industry Financial Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Municipal Emergency Services, Inc. (Revolver) Maturity 10/01/2027 Industry Distributors2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1% First Lien Senior Secured Debt - 101.9% Seaway Buyer, LLC Maturity 06/13/2029 Industry Chemicals, Plastics and Rubber Current Coupon 11.54% Basis Point Spread Above Index 3M SOFR+6152023-09-300001504619pflt:TwoThousandAndTwentySixNotesFourPointTwoFiveMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% New Medina Health, LLC Industry Healthcare Providers and Services2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Zips Car Wash, LLC, Maturity 3/1/2024, Industry Automobiles, Current Coupon 12.67%, Basis Point Spread Above Index SOFR+7352023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Smile Brands Inc. (Revolver) Maturity 10/12/2027 Industry Healthcare and Pharmaceuticals Current Coupon 10.20% (PIK 1.50%) Basis Point Spread Above Index 1M SOFR+5502024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Magnolia Topco LP - Class A Common Equity Industry Automobiles2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Ledge Lounger, Inc. (Revolver) Maturity 11/09/2026 Industry Leisure Products2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RRA Corporate, LLC - Funded Revolver Maturity 08/15/2029 Industry Diversified Consumer Services Current Coupon 9.60% Basis Point Spread Above Index 3M SOFR+5002023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMemberpflt:MeasurementInputMarketYieldMembersrt:MinimumMemberpflt:FirstLienMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Beacon Behavioral Support Service, LLC Maturity 06/21/2029 Industry Healthcare Providers and Services Current Coupon 10.10% (PIK 15.00%) Basis Point Spread Above Index 3M SOFR+5252023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Pequod Merger Sub, Inc. (Revolver) Maturity 12/02/2026 Industry Diversified Financial Services2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Walker Edison Furniture Company LLC - DDTL - Unfunded Maturity 03/01/2029 Industry Wholesale Current Coupon 0.00% Basis Point Spread Above Index 2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Walker Edison Furniture Company LLC - Junior Revolving Credit Facility Maturity 03/01/2029 Industry Wholesale Current Coupon 0.00% Basis Point Spread Above Index 2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% UniVista Insurance Industry Insurance2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RTIC Subsidiary Holdings, LLC - Unfunded Revolver Maturity 05/03/2029 Industry Leisure Products2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Riverpoint Medical, LLC (Revolver) Maturity 06/20/2025 Industry Healthcare Equipment and Supplies Current Coupon 10.10% Basis Point Spread Above Index 3M SOFR+5352024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Applied Technical Services, LLC Maturity 12/29/2026 Industry Commercial Services & Supplies Current Coupon 10.50% Basis Point Spread Above Index SOFR+5902023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Crane 1 Acquisition Parent Holdings, L.P, Industry Commercial Services & Supplies2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Loving Tan Intermediate II, Inc. Maturity 05/31/2028 Industry Personal Products2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name One Stop Mailing, LLC Maturity 05/07/2027 Industry Air Freight and Logistics Current Coupon 11.21% Basis Point Spread Above Index SOFR+6362024-09-300001504619pflt:RisksRelatingToDistressedDebtInvestmentsMember2023-10-012024-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMemberpflt:MeasurementInputMarketYieldMemberpflt:LongTermCreditFacilityMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Any Hour Services (Revolver), Maturity 07/21/2027, Industry Energy Equipment and Services2022-10-012023-09-300001504619Related Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name MAG DS Corp Maturity 7/31/2028 IndustryAerospace and Defense Current Coupon 10.99% Basis Point Spread Above Index SOFR+550Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Lucky Bucks,LLC - OpCo DIP Loans Maturity 9/30/2025 Industry Hotel, Gaming and Leisure Current Coupon 15.33% Basis Point Spread Above Index SOFR+10002022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies- 118.1% Common Equity/Warrants - 14.5% ORL Holdco, Inc. Industry Consumer Finance2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Pragmatic Institute, LLC - Unfunded Term Loan Maturity 07/06/2028 Industry Professional Services2022-10-012023-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMemberpflt:MeasurementInputMarketYieldMemberpflt:SecondLienMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Exigo Intermediate II, LLC (Revolver) Maturity 03/15/2027 Industry Software2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Delta InvestCo LP (Sigma Defense Systems, LLC) Industry IT Services One2022-10-012023-09-300001504619pflt:AdministratorMember2021-10-012022-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% TWS Acquisition Corporation (Revolver) Maturity 06/16/2025 Industry Diversified Consumer Services2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Alpine Acquisition Corp II Maturity 11/30/2026 Industry Containers and Packaging Current Coupon 11.24% Basis Point Spread Above Index SOFR+6002022-10-012023-09-300001504619Total Cash and Cash Equivalents2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Global Holdings InterCo LLC Maturity 03/16/2026 Industry Diversified Financial Services Current Coupon 11.43% Basis Point Spread Above Index SOFR+6152023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name The Bluebird Group LLC Maturity 07/27/2026 Industry Professional Services Current Coupon 11.25% Basis Point Spread Above Index SOFR+6652023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Second Lien Secured Debt—0.0%, QuantiTech LLC, Maturity 02/04/2027, Industry Aerospace and Defense, Current Coupon 15.50% Basis Point Spread Above Index 3M SOFR+10102023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Sargent & Greenleaf Inc. Maturity 12/20/2024 Industry Wholesale Current Coupon 12.45% Basis Point Spread Above Index SOFR+7602023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Exigo, LLC Industry Software2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Ad.net Acquisition, LLC Maturity 5/7/2026 Industry Media Current Coupon 11.65% Basis Point Spread Above Index SOFR+6262023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Blackhawk Industrial Distribution, Inc. Maturity 09/17/2026 Industry Distributors2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% C5MI Holdco, LLC. - Common Equity Industry IT Services2023-10-012024-09-300001504619Related Party PSSL Equity Securities - 3.9% - Issuer Name New Walker Edison Furniture - Common Equity, Industry Wholesale2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Marketplace Events, LLC Maturity 9/30/2026 Industry Media: Diversified and Production Current Coupon 10.94% Basis Point Spread Above Index SOFR+5252023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC (Revolver), Maturity 07/31/2025, Industry Diversified Consumer Services, Current Coupon 10.86%, Basis Point Spread Above Index 3M SOFR+5252023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Fairbanks More Defense Maturity 06/17/2028 Industry Aerospace and Defense Current Coupon 9.65% Basis Point Spread Above Index SOFR+4502023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Sales Benchmark Index LLC (Revolver), Maturity 01/03/2025, Industry Professional Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% NORA Acquisition, LLC (Revolver) Matrity 08/31/2029 Industry Healthcare Providers and Services2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Global Holdings InterCo LLC Maturity 03/16/2026 Industry Diversified Financial Services Current Coupon 11.43% Basis Point Spread Above Index SOFR+6152024-09-300001504619us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMembersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMember2024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% Equity Interests - (78.6)%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Cartessa Aesthetics, LLC (Revolver), Maturity 06/14/2028, Industry Distributors2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,398.7% Issuer Name A1 Garage Merger Sub, LLC Maturity 12/22/2028 Industry Commercial Services & Supplies Current Coupon 11.84% Basis Point Spread Above Index SOFR+6602022-10-012023-09-300001504619pflt:InternetSoftwareAndServicesMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% NFS - CFP Holdings LLC Industry Commercial Services & Supplies2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MOREGroup Holdings, Inc Maturity 01/16/2030 Industry Business Services Current Coupon 10.35% Basis Point Spread Above Index SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Crane 1 Services, Inc, Maturity 08/16/2027, Industry Commercial Services & Supplies, Current Coupon 10.90%, Basis Point Spread Above Index 3M SOFR+5512023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name A1 Garage Merger Sub, LLC Maturity 12/22/2028 Industry Commercial Services & Supplies Current Coupon 10.95% Basis Point Spread Above Index SOFR+6102024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name PCS Midco, Inc Maturity 03/01/2030 Industry Diversified Consumer Services Current Coupon 10.81% Basis Point Spread Above Index SOFR+5752024-09-300001504619pflt:TwoThousandTwentySixNotesPayableMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% ITI Holdings, Inc. (Revolver) Maturity 03/03/2028 Industry IT Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RRA Corporate, LLC - Unfunded Term Loan 1 Maturity 02/15/2029 Industry Diversified Consumer Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Gauge TVC Coinvest, LLC (TVC Enterprises, LLC) Industry Professional Services2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Gauge TVC Coinvest, LLC (TVC Enterprises, LLC) Industry Professional Services2023-09-300001504619us-gaap:FairValueInputsLevel3Memberpflt:ValuationTechniqueMarketComparableMemberpflt:MeasurementInputMarketYieldMemberpflt:FirstLienMember2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% A1 Garage Merger Sub, LLC - Unfunded Term Loan Maturity 12/22/2028 Industry Commercial Services & Supplies2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Efficient Collaborative Retail Marketing Company, LLC Maturity 06/15/2025 Industry Media: Diversified and Production Current Coupon 12.37% (PIK 1.50%) Basis Point Spread Above Index 3M SOFR+7762023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Megawatt Acquisitionco, Inc. - (Revolver) Maturity 03/01/2030 Industry Electronic Equipment, Instruments, and Components2023-10-012024-09-300001504619pflt:TwoThousandTwentyThreeNotesMember2021-12-152021-12-150001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% RRA Corporate, LLC - Funded Revolver Maturity 08/15/2029 Industry Diversified Consumer Services Current Coupon 9.60% Basis Point Spread Above Index 3M SOFR+5002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Spendmend Holdings LLC Maturity 03/01/2028 Industry Healthcare Technology Current Coupon 10.78% Basis Point Spread Above Index 3M SOFR+5652024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Skopima Consilio Parent, LLC Maturity 05/17/2028 Industry Business Services Current Coupon 9.46% Basis Point Spread Above Index 1M SOFR+4612023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Common Equity/Warrants— 14.5%, Gauge ETE Blocker, LLC, Industry Diversified Consumer Services2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% PL Acquisitionco, LLC - (Revolver) Maturity 11/09/2027 Industry Textiles, Apparel and Luxury Goods2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Confluent Health, LLC Maturity 10/28/2028 Industry Healthcare and Pharmaceuticals Current Coupon 9.32% Basis Point Spread Above Index SOFR+4002023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Ledge Lounger, Inc. Maturity 11/09/2026 Industry Leisure Products Current Coupon 11.79% Basis Point Spread Above Index 3M SOFR+6402022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Municipal Emergency Services, Inc. - Unfunded Term Loan B Maturity 12/16/2024 Industry Distributors2023-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Lightspeed Buyer Inc. Maturity 02/03/2026 Industry Healthcare Providers and Services Current Coupon 10.15% Basis Point Spread Above Index SOFR+5352024-09-300001504619Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Mars Acquisition Holdings Corp. Maturity 05/14/2026 Industry Media Current Coupon 11.04% Basis Point Spread Above Index 3M SOFR+5652022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Safe Haven Defense US LLC Maturity 05/23/2029 Industry Building Products Current Coupon 9.85% Basis Point Spread Above Index 3M SOFR+5252024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% C5MI Holdco, LLC - Funded Revolver Maturity 07/31/2030 Industry IT Services Current Coupon 10.60% Basis Point Spread Above Index 3M SOFR+6002024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Apex Service Partners, LLC Term Loan C, Maturity 07/31/2025, Industry Diversified Consumer Services, Current Coupon 10.68%, Basis Point Spread Above Index 3M SOFR+5252022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% System Planning and Analysis, Inc. - Funded Revolver Maturity 08/16/2027 Industry Aerospace and Defense Current Coupon 9.59% Basis Point Spread Above Index 3M SOFR+5152023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Ox Two, LLC (Revolver) Maturity 05/18/2026 Industry Construction and Building2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% MDI Buyer, Inc. Maturity 07/25/2028 Industry Commodity Chemicals Current Coupon 11.25% Basis Point Spread Above Index 3M SOFR+5752024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Dynata, LLC - First-Out Term Loan Maturity 07/15/2028 Industry Business Services Current Coupon 10.38% Basis Point Spread Above Index 3M SOFR+5262024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name NORA Acquisition, LLC Maturity 08/31/2029 Industry Healthcare Providers and Services Current Coupon 10.95% Basis Point Spread Above Index SOFR+6352023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Broder Bros., Co. Maturity 12/04/2025 Industry Textiles, Apparel and Luxury Goods Current Coupon 10.97% Basis Point Spread Above Index 3M SOFR+6112023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% Gauge Schlesinger Coinvest LLC Industry Professional Services2023-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% Equity Interests - 8.3% New MPE Holdings, LLC (Marketplace Events, LLC), Industry Media: Diversified and Production2022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Harris & Co. LLC. - Unfunded Term Loan B Maturity 02/09/2026 Industry Professional Services2024-09-300001504619us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMemberpflt:ValuationTechniqueEnterpriseMarketValueMemberpflt:FirstLienMember2024-09-300001504619pflt:PennantParkSeniorSecuredLoanFundILLCMemberpflt:InvestmentInSinglePortfolioCompanyMember2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1% First Lien Secured Debt - 101.9% Ox Two, LLC (Revolver) Maturity 05/18/2026 Industry Construction and Building2023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name TPC Canada Parent, Inc. and TPC US Parent, LLC, Maturity 11/24/2025, Industry Consumer Goods: Non- Durable, Current Coupon 10.95%, Basis Point Spread Above Index SOFR+5652023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Lightspeed Investment Holdco LLC Industry Healthcare Technology2023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name Mission Critical Electronics, Inc. Maturity 03/31/2025 Industry Capital Equipment Current Coupon 10.50% Basis Point Spread Above Index SOFR+5902024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Inception Fertility Ventures, LLC Maturity 12/31/2024 Industry Healthcare Providers and Services Current Coupon 12.51% Basis Point Spread Above Index SOFR+7152022-10-012023-09-300001504619pflt:TwoThousandThirtyOneAssetBackedDebtMemberus-gaap:FairValueInputsLevel1Member2023-09-300001504619pflt:RTwoThousandAndThirtySixAssetBackedDebtMember2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% Common Equity/Warrants - 15.9% Delta InvestCo LP (Sigma Defense Systems, LLC) Industry IT Services2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% S101 Holdings, Inc. - Unfunded Term Loan 2 Maturity 12/15/2024 Industry Electronic Equipment, Instruments, and Components2024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Municipal Emergency Services, Inc. - Unfunded Term Loan Matrity 09/28/2027 Industry Distributors2024-09-300001504619Investments in Controlled, Affiliated Portfolio Companies - 45.1% Equity Interests - 178.6%2023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Carisk Buyer, Inc. - Unfunded Term Loan Maturity 12/01/2029 Industry Healthcare Technology2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% NFS - CFP Holdings LLC - Unfunded Term Loan Matrity 09/23/2026 Industry Commercial Services & Supplies2024-09-300001504619Related Party PSSL First Lien Secured Debt 1,404.5% Issuer Name MBS Holdings, Inc. (New Issue) - Second Incremental Maturity 04/16/2027 Industry Internet Software and Services Current Coupon 11.09% Basis Point Spread Above Index SOFR+6352023-10-012024-09-300001504619pflt:AtTheMarketOfferingMember2024-07-012024-07-310001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% New Medina Health, LLC Industry Healthcare Providers and Services2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Owl Acquisition, LLC Maturity 12/24/2028 Industry Professional Services Current Coupon 10.80% Basis Point Spreads Above Index SOFR+5752022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies— 118.1%, Preferred Equity— 1.8%, Magnolia Topco LP - Class B Preferred Equity, Industry Automobiles2023-09-300001504619us-gaap:FairValueInputsLevel3Member2023-10-012024-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Teneo Holdings, LLC - Initial Term Loans Maturity 03/13/2031 Industry Diversified Financial Services Current Coupon 9.60% Basis Point Spread Above Index 3M SOFR+4752023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Rural Sourcing Holdings, Inc. (HPA SPQ Merger Sub, Inc.), Maturity 6/15/2029, Industry High Tech Industries, Current Coupon 11.52%, Basis Point Spread Above Index SOFR+6252022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies—118.1%, First Lien Secured Debt—101.9%, Global Holdings InterCo LLC, Maturity 03/16/2026, Industry Diversified Financial Services, Current Coupon 11.96%, Basis Point Spread Above Index 3M SOFR+6602023-09-300001504619us-gaap:FairValueInputsLevel3Member2024-09-300001504619pflt:TwoThousandAndTwentySixNotesMember2021-12-152021-12-150001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Sales Benchmark Index LLC Maturity 01/03/2025 Industry Professional Services Current Coupon 10.80% Basis Point Spread Above Index 3M SOFR+6202024-09-3000015046192020-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% Municipal Emergency Services, Inc. - Unfunded Term Loan Matrity 09/28/2027 Industry Distributors2023-10-012024-09-300001504619pflt:ControlledAffiliatedInvestmentsMemberpflt:MarketplaceEventsLLCMember2022-10-012023-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5%- Issuer Name Seaway Buyer, LLC, Maturity 6/13/2029, Industry Chemicals, Plastics and Rubber, Current Coupon 11.54%, Basis Point Spread Above Index SOFR+6152022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 186.1% First Lien Secured Debt - 167.8% DRI Holding Inc. Maturity 12/21/2028 Industry Media Current Coupon 10.20% Basis Point Spread Above Index 3M SOFR+5352023-10-012024-09-300001504619Related Party PSSL First Lien Secured Debt - 1,347.5% Issuer Name Burgess Point Purchaser Corporation Maturity 9/26/2029 Industry Automotive Current Coupon 10.67% Basis Point Spread Above Index SOFR+5252022-10-012023-09-300001504619Investments in Non-Controlled, Non-Affiliated Portfolio Companies - 118.1% Common Equity/Warrants - 14.5% MSpark, LLC Industry Media: Advertising, Printing and Publishing2023-09-300001504619