PSEC - Dividend Increases For The High-Yield BDC Sector Part 5: BlackRock TCP Capital

TCPC Article Follow-Up

In December 2018, I purchased additional shares of multiple higher-quality business development companies ("BDCs") with risk-averse balance sheets due to oversold conditions predicted in my previous BlackRock TCP Capital (TCPC) article:

• Tax-Loss Harvesting And Merger Fears Driving 10%+ Yield For BlackRock TCP Capital?

Among other things, the article discussed year-end tax loss selling for BDCs driving a potential buying opportunity "through mid-to-late December" followed by:

The January effect is a seasonal increase in stock prices during the month of January. Analysts generally attribute this rally to an increase in buying,