CEF Advisors AICA Event NAVigator Podcast

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Go to AICA CEF/BDC Screener Learn More @ www.AICalliance.org

Hercules Capital, Inc. (HTGC)

BDC - Debt Focused BDC

Data as of Jan. 20, 2022
Current
Market Price $17.26 (- $0.18)
NAV (Sept. 30, 2021) $11.54 ( $0.00)
Premium / Discount 49.57% (-1.56%)
Fund Info
Inception June 9, 2005
Sponsor Hercules
Website www.htgc.com/
Phone 1 650 289 3060
Location California
Incorporated Maryland
Staggered Board No
Objective: Current income from its debt investments and capital appreciation from equity-related investments. It provide senior secured loans to venture capital-backed companies in technology-related markets.
Related Indexes
12 Major CEF Sectors Index
Debt-Focused Business Development Company (BDC) Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 115,899,422
Total Assets (Reported: Sept. 30, 2021) $2,791M
Estimated Total Assets $2,700M
Net Assets $1,337M
Market Cap $2,000M
Portfolio Turnover 43.08%
Debt-to-Equity 1.0066
Total Leverage 50.47%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 9.77%
Non Lev Exp Ratio 5.28%
Gross Asset Expense Ratio 4.60%
Gross Asset Non Lev Exp Ratio 2.49%
Rel Lev Cost 4.19%
Discount Data
Average Discount (3 Yr) 29.77%
Discount Low(3 Yr) -35.45%
Discount High(3 Yr) 56.59%
Discount Rel Range 92.37%
Comp Discount 48.68
Discount St Dev (1Yr) 5.08
Z-Stat
Z-Stat (6mo) 0.83
Z-Stat (1Yr) 0.69
Z-Stat (3Yr) 1.16
Comp Z-Stat (6mo) 1.11
Comp Z-Stat (3Yr) 0.54
Distribution Data
Market Yield 7.65%
Income Yield 7.65%
Lev Adj NAV Yield 7.60%
Av Yield on Debt Investments 11.40
Distribution Frequency Q
Current Distribution $0.330
Current Income $0.330
Ex-Date 11/9/21
Payable Date 11/17/21
Div Growth (3yr) 6.45%
Dividend Change 3.1% on 10/26/21
Expected Div 2/22/22
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2020 2018 - 2020
Income 76.8% 89.4%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 23.2% 10.6%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (M) $18,140
Avg Volume 30 day 1,435,774
Avg Volume 90 day 1,051,009
Volume Trend 36.61%
Comp Volume Trend 40.41%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
55.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
64.0%
Price Correlation (1yr)
vs. CEFA's BDC Index
78.0%
Most Correlated Peer (Mk Pr): PFLT 72.0%
Price St Dev (1Yr) 18.0%
NAV St Dev (1Yr) 3.5%
Earnings
Earnings / Share (9/30/21) $0.329
Adj Core NII Coverage 99.57%
1 Yr Avg NII Coverage 101.85%
1 Yr Avg Adj Core NII Coverage 101.85%
NII Trend -2.77%
Adj Core NII Trend -2.77%
Performance
Price Beta (2yr)
vs. S&P 500 (TR)
1.49
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.37
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
0.95
Portfolio Data
Avg Libor Floor % 3.22%
% Loans with Libor Floor 54%

DISCLOSURES:

CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.