BlackRock TCP Capital Corp. announced its financial results for the fourth quarter and year ended December 31, 2022. The company reported net investment income for the quarter ended December 31, 2022 was $23.0 million, or $0.40 per share on a diluted basis.
Net investment income for the quarter ended December 31, 2022 was $23.0 million, or $0.40 per share on a diluted basis.
Net asset value per share was $12.93 at December 31, 2022.
Net decrease in net assets from operations for the quarter ended December 31, 2022 was $47.8 million, or $0.83 per share.
Total acquisitions during the quarter ended December 31, 2022 were $74.9 million and total dispositions were $75.4 million.
BlackRock TCP Capital Corp. expects to continue to invest in senior secured loans, bonds and subordinated debt, as well as select equity investments, to obtain a high level of current income, with an emphasis on principal protection.
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