TCPC Quick Update: Stable Quarter, Nothing Exciting

TCPC Quick Update

• TCPC hit base case projections (which were conservative) covering its dividend by 102%, NAV per share increased by 1.9%, non-accruals declined slightly to 0.9%.

• There was slightly higher-than-expected portfolio growth offset by lower portfolio yield and lower dividend income.

• Much lower-than-expected income related to prepayment premiums,…