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Highland Opportunities and Income Fund (HFRO) vs BlackRock TCP Capital (TCPC)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Highland Opportunities and Income Fund is the larger company by market cap ($359.5 million vs $338.1 million), about 1.1 times the size. BlackRock TCP Capital pays a dividend yielding 20.84%, while Highland Opportunities and Income Fund does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

HFRO0.00%TCPC+2.28%
+2%+1%-0%
Oct 7, 20261 yearOct 8, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

HFRO versus TCPC key metrics
MetricHFROTCPC
Share price$6.51$4.03
Market cap$359.47M$338.13M
1-day change0.00%+2.28%
YTD return—-26.33%
1-year return—-28.92%
5-year return—-71.62%
P/E ratio (TTM)130.20—
Forward P/E—9.71
EPS (TTM)$0.05$-1.28
Dividend yield7.10%20.84%
Annual dividend$0.00$0.84
52-week high$7.74$6.25
52-week low$5.47$3.08
Distance from 52-week high-15.89%-35.52%
Analyst consensus—hold
Avg. price target upside—+11.66%
Average volume109.43K743.61K
Shares outstanding55.22M83.90M
SectorFinanceFinance
IndustryFinance/Investors ServicesFinance/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

  • BlackRock TCP Capital offers a meaningfully higher dividend yield (20.84% vs 7.10%).

About Highland Opportunities and Income Fund

HFRO stock →

Highland Funds I - Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P.

Finance · Finance/Investors Services

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

HFRO vs TCPC FAQ

Which is bigger, Highland Opportunities and Income Fund or BlackRock TCP Capital?

Highland Opportunities and Income Fund (HFRO) is larger, with a market capitalization of $359.47M compared with $338.13M for BlackRock TCP Capital (TCPC).

Which pays a higher dividend, Highland Opportunities and Income Fund or BlackRock TCP Capital?

BlackRock TCP Capital has the higher yield at 20.84%, compared with 7.10% for Highland Opportunities and Income Fund.

Are Highland Opportunities and Income Fund and BlackRock TCP Capital in the same industry?

Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.

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