State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF vs BlackRock TCP Capital Corp — how do they compare? State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF trades at $24.9, while BlackRock TCP Capital Corp trades at $3.24 (market cap $270.17M). The key difference: BlackRock TCP Capital Corp pays a 26.09% dividend while State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF pays none, and State Street SPDR Bloomberg Shrt Trm Hg Yld Bd ETF is trading nearer its 52-week high, BlackRock TCP Capital Corp nearer its low. Which is the better fit depends on your goals.
| SJNK | TCPC | |
|---|---|---|
Sector | Sector/Thematic | Financials |
52-Week High | $25.63 | $7.64 |
52-Week Low | $24.75 | $3.14 |
Market Cap | — | $270.17M |
Dividend Yield | — | 26.09% |
Trailing returns across standard periods
SJNK invests in U.S. dollar-denominated high-yield corporate bonds with short-term maturities (under five years). It offers higher yields than investment-grade funds but with less interest rate sensitivity than longer-term junk bond ETFs.
Read more on SJNK →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 →