As of June 30, 2023, BlackRock TCP Capital Corp.’s investment portfolio consisted of debt and equity
positions in 143 portfolio companies with a total fair value of approximately
$1.6 billion. Debt positions represented approximately 88% of the portfolio fair value, substantially all of
which were senior secured debt. Equity positions represented
approximately 12% of the investment portfolio.
As of June 30, 2023, the weighted average annual effective yield of our debt portfolio was approximately
13.8%.(1) As of June 30, 2023, approximately 94% of our debt
portfolio at fair value had floating interest rates.
Investments by Industry as of June 30, 2023
Investments by asset type as of June 30, 2023
(1) Weighted average annual effective yield includes amortization of
deferred debt origination and end of term fees and accretion of original issue discount, but excludes market
discount, any prepayment and make-whole fee income, and any debt investments that are distressed or on
non-accrual status. Weighted average effective yield on the total portfolio (including debt investments that
are distressed or on non-accrual status and equity investments) was 12.8% as of June 30, 2023.