NPCT vs TCPC

Comparison between Nuveen Core Plus Impact Fund (NPCT, Company) and BlackRock TCP Capital Corp (TCPC, Company).

Both NPCT and TCPC are from the Financial Services sector.

5-Year PerformanceNPCT has outperformed TCPC, delivering a return of -3.4% compared to -14.2%

NPCT vs TCPC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NPCT(COMPANY)	TCPC(COMPANY)
Market Cap	$279M	$278M
Max Drawdown	56.92%	82.91%
Sharpe Ratio	-0.26	-1.66
5Y Beta	0.30	0.78
Industry	Asset Management	Asset Management
P/E Ratio	10.88	-2.22
Forward P/E	N/A	7.55
PEG Ratio	N/A	-0.01
Dividend Yield	N/A	29.10%
5Y Dividends CAGR	44.78%	-0.51%
Debt to Equity	35.36%	163.83%
Free Cash Flow Yield	14.47%	94.00%

Market Cap

Winner

NPCT

$279M

TCPC

$278M

Max Drawdown

Winner

NPCT

56.92%

TCPC

82.91%

Sharpe Ratio

Winner

NPCT

-0.26

TCPC

-1.66

5Y Beta

Winner

NPCT

0.30

TCPC

0.78

Industry

NPCT

Asset Management

TCPC

Asset Management

P/E Ratio

NPCT

10.88

Winner

TCPC

-2.22

Forward P/E

NPCT

N/A

TCPC

7.55

PEG Ratio

NPCT

N/A

TCPC

-0.01

Dividend Yield

NPCT

N/A

TCPC

29.10%

5Y Dividends CAGR

Winner

NPCT

44.78%

TCPC

-0.51%

Debt to Equity

Winner

NPCT

35.36%

TCPC

163.83%

Free Cash Flow Yield

NPCT

14.47%

Winner

TCPC

94.00%

NPCT vs TCPC - Historical Returns

Returns include dividend reinvestment.

Period	NPCT	TCPC
1 month	-2.41%	-1.19%
3 months	-4.20%	-16.75%
6 months	+0.00%	-30.42%
1 year	+0.58%	-46.31%
5 years(CAGR)	-3.43%	-14.17%
10 years(CAGR)	N/A	-3.56%
Max(CAGR)	-3.29%	+0.91%

NPCT

-2.41%

Winner

TCPC

-1.19%

Winner

NPCT

-4.20%

TCPC

-16.75%

Winner

NPCT

+0.00%

TCPC

-30.42%

Winner

NPCT

+0.58%

TCPC

-46.31%

5Y(CAGR)

Winner

NPCT

-3.43%

TCPC

-14.17%

10Y(CAGR)

NPCT

N/A

TCPC

-3.56%

Max(CAGR)

NPCT

-3.29%

Winner

TCPC

+0.91%

NPCT vs TCPC - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	NPCT	TCPC
2026	+1.77%	-34.43%
2025	+8.80%	-27.56%
2024	+16.81%	-12.65%
2023	+6.75%	+2.43%
2022	-37.11%	+5.01%
2021	-4.98%	+32.17%
2020	N/A	-8.06%
2019	N/A	+17.63%
2018	N/A	-6.11%
2017	N/A	-1.05%
2016	N/A	+30.31%
2015	N/A	-8.79%
2014	N/A	+9.94%
2013	N/A	+24.80%
2012	N/A	+8.99%

NPCT vs TCPC Drawdown Comparison

The maximum drawdown for NPCT was -46.74%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for TCPC was -68.74%, occurring on Mar 18, 2020. Recovery took 257 trading sessions.

The current NPCT drawdown is -17.40%. The current TCPC drawdown is -58.52%.

Rank	NPCT	TCPC
#1	-46.74% Jul 16, 2021 - Oct 19, 2023	-68.74% Feb 20, 2020 - Feb 26, 2021
#2	-4.50% Apr 28, 2021 - Jul 12, 2021	-60.78% Jan 10, 2024 - Jul 23, 2026
#3	N/A	-25.96% Aug 16, 2022 - Aug 4, 2023
#4	N/A	-22.34% Jun 26, 2014 - Jun 30, 2016
#5	N/A	-16.63% Aug 4, 2023 - Dec 14, 2023
#6	N/A	-15.32% Apr 1, 2022 - Aug 11, 2022
#7	N/A	-13.49% Oct 5, 2017 - Feb 22, 2019
#8	N/A	-10.77% Jul 15, 2013 - Oct 17, 2013
#9	N/A	-10.14% Feb 21, 2014 - Jun 13, 2014
#10	N/A	-9.55% Jun 19, 2019 - Nov 7, 2019
#11	N/A	-7.80% Oct 21, 2021 - Mar 3, 2022
#12	N/A	-7.64% Sep 28, 2012 - Feb 28, 2013
#13	N/A	-7.12% Mar 15, 2013 - May 20, 2013
#14	N/A	-6.90% Jun 8, 2021 - Oct 21, 2021
#15	N/A	-6.82% Mar 31, 2017 - Oct 5, 2017

Correlation

Correlation between NPCT and TCPC is -0.30 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.30

-101

Dividend Comparison (2012 - 2026)

NPCT vs TCPC dividend yield comparison.

Year	NPCT	TCPC
2026	6.95%	10.27%
2025	13.15%	20.48%
2024	12.20%	16.76%
2023	10.28%	14.64%
2022	11.93%	9.81%
2021	3.94%	8.88%
2020	0.00%	11.74%
2019	0.00%	10.25%
2018	0.00%	11.04%
2017	0.00%	9.42%
2016	0.00%	8.52%
2015	0.00%	10.34%
2014	0.00%	9.18%
2013	0.00%	9.12%
2012	0.00%	7.39%