State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs BlackRock TCP Capital Corp — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77, while BlackRock TCP Capital Corp trades at $3.93 (market cap $327.64M). The key difference: BlackRock TCP Capital Corp pays a 19.46% dividend while State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF pays none, and State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF is trading nearer its 52-week high, BlackRock TCP Capital Corp nearer its low. Which is the better fit depends on your goals.
| FLRN | TCPC | |
|---|---|---|
Sector | Sector/Thematic | Financials |
52-Week High | $30.86 | $7.26 |
52-Week Low | $30.65 | $3.13 |
Market Cap | — | $327.64M |
Dividend Yield | — | 19.46% |
Trailing returns across standard periods
FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.
Read more on FLRN →BlackRock TCP Capital Corp is a finance company specializing in middle-market lending. It aims for high returns through income and capital appreciation while prioritizing principal protection. The company invests in debt securities and earns revenue from interest payments, fees, and some equity appreciation.
Read more on TCPC →