abrdn Emerging Markets ex-China Fund (AEF) vs BlackRock TCP Capital (TCPC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
abrdn Emerging Markets ex-China Fund (AEF) has outperformed BlackRock TCP Capital (TCPC) over the past year, gaining 41.6% versus a loss of 28.9%. Over five years, AEF leads with a +9.6% price change compared with -71.6% for TCPC. abrdn Emerging Markets ex-China Fund is the larger company by market cap ($376.0 million vs $338.1 million), about 1.1 times the size.
BlackRock TCP Capital offers the higher dividend yield (20.84% vs 8.53%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AEF | TCPC |
|---|---|---|
| Share price | $9.26 | $4.03 |
| Market cap | $375.97M | $338.13M |
| 1-day change | -2.22% | +2.28% |
| YTD return | +32.29% | -26.33% |
| 1-year return | +41.59% | -28.92% |
| 5-year return | +9.59% | -71.62% |
| P/E ratio (TTM) | 1.95 | — |
| Forward P/E | — | 9.71 |
| EPS (TTM) | $4.74 | $-1.28 |
| Dividend yield | 8.53% | 20.84% |
| Annual dividend | $0.79 | $0.84 |
| 52-week high | $10.14 | $6.25 |
| 52-week low | $6.26 | $3.08 |
| Distance from 52-week high | -8.68% | -35.52% |
| Analyst consensus | — | hold |
| Avg. price target upside | — | +11.66% |
| Average volume | 101.15K | 744.50K |
| Shares outstanding | 40.60M | 83.90M |
| Sector | Financial Services | Finance |
| Industry | Asset Management | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AEF has outperformed TCPC by 70.5 percentage points over the past year.
- BlackRock TCP Capital offers a meaningfully higher dividend yield (20.84% vs 8.53%).
- The two companies sit in different sectors: abrdn Emerging Markets ex-China Fund in Financial Services and BlackRock TCP Capital in Finance.
About abrdn Emerging Markets ex-China Fund
AEF stock →abrdn Emerging Markets ex-China Fund, Inc. is a closed ended equity mutual fund and managed by Aberdeen Asset Managers Limited.
Financial Services · Asset Management
About BlackRock TCP Capital
TCPC stock →BlackRock TCP Capital Corp. is a business development company specializing in direct equity and debt investments in middle-market, small businesses, debt securities, senior secured loans, junior loans, originated loans, mezzanine, senior debt instruments, bonds, and secondary-market investments.
Finance · Finance/Investors Services
AEF vs TCPC FAQ
Which is bigger, abrdn Emerging Markets ex-China Fund or BlackRock TCP Capital?
abrdn Emerging Markets ex-China Fund (AEF) is larger, with a market capitalization of $375.97M compared with $338.13M for BlackRock TCP Capital (TCPC).
Which stock has performed better over the past year, AEF or TCPC?
AEF returned +41.59% over the past 12 months, compared with -28.92% for TCPC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, abrdn Emerging Markets ex-China Fund or BlackRock TCP Capital?
BlackRock TCP Capital has the higher yield at 20.84%, compared with 8.53% for abrdn Emerging Markets ex-China Fund.
Are abrdn Emerging Markets ex-China Fund and BlackRock TCP Capital in the same industry?
No. abrdn Emerging Markets ex-China Fund is in the Financial Services sector, while BlackRock TCP Capital is in Finance.