BlackRock TCP Capital Corp vs Materials Select Sector SPDR Fund — how do they compare? BlackRock TCP Capital Corp trades at $3.24 (market cap $270.17M), while Materials Select Sector SPDR Fund trades at $50.01. The key difference: BlackRock TCP Capital Corp pays a 26.09% dividend while Materials Select Sector SPDR Fund pays none, and Materials Select Sector SPDR Fund is trading nearer its 52-week high, BlackRock TCP Capital Corp nearer its low. Which is the better fit depends on your goals.
| TCPC | XLB | |
|---|---|---|
Market Cap | $270.17M | — |
Sector | Financials | — |
52-Week High | $7.64 | $53.62 |
52-Week Low | $3.14 | $42.23 |
Dividend Yield | 26.09% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
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