BlackRock TCP Capital Corp vs Financial Select Sector SPDR Fund — how do they compare? BlackRock TCP Capital Corp trades at $3.24 (market cap $270.17M), while Financial Select Sector SPDR Fund trades at $56.07. The key difference: BlackRock TCP Capital Corp pays a 26.09% dividend while Financial Select Sector SPDR Fund pays none, and Financial 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 | XLF | |
|---|---|---|
Market Cap | $270.17M | — |
Sector | Financials | — |
52-Week High | $7.64 | $56.75 |
52-Week Low | $3.14 | $47.80 |
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 →The fund 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: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts; consumer finance; thrifts; and mortgage finance. The fund is non-diversified.
Read more on XLF →