BlackRock TCP Capital Q2 FY26 net investment income falls to $18.14 million; revenue drops to $40 million - TCPC News | RalliesBlackRock TCP Capital Q2 FY26 net investment income falls to $18.14 million; revenue drops to $40 million
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TCPC• Quarterly results
- BlackRock TCP Capital posted net investment income of $18.14 million, or $0.22 a share, down from $27.59 million, or $0.32, a year earlier.
- Total investment income fell to $40 million from $51.5 million, reflecting a smaller portfolio and lower SOFR rates.
- Net assets from operations swung to a $1.75 million increase, or $0.02 a share, from a $15.91 million decrease, or $0.19.
- Net realized and unrealized losses narrowed to $16.39 million, or $0.20 a share, from $43.5 million, or $0.51.
Portfolio and coverage
- Portfolio fair value stood at $1.29 billion across 134 companies; asset coverage ratio was 160.3% following a May 27 CLO Transaction.
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