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TCPC Q1 2021 Update
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TCPC Q1 2021 Update

BDC Buzz
May 5, 2021
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Summary

  • TCPC slightly beat its base-case projections due to much higher-than-expected dividend income partially offset by lower portfolio yield and only $0.01 per share of prepayment-related driving lower interest income.

  • NAV per share increased by another 2.4% primarily driven by $6.2 million in additional gains on its investment in Edmentum (similar to …

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