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Princeton Capital Corporation (PIAC)

BDC - Debt Focused BDC

Data as of Sept. 29, 2023
Market Price $0.27 ( $0.00)
NAV (June 30, 2023) $0.28 ( $0.00)
Fund Listed OTC
Premium / Discount -3.57% (+0.00%)
Fund Info
Inception March 13, 2015
Sponsor House Hanover, LLC
Website https://www.princetonc...
Phone (978) 794-3366
Location Massachusetts
Incorporated Maryland
Staggered Board No
Term Date N/A
Objective: Generate current income and capital appreciation through debt securities including first and second lien debt, notes, bonds and mezzanine securities.
Capital & Leverage
Outstanding Shares 120,486,061
Total Assets (Reported: June 30, 2023) $33M
Estimated Total Assets $34M
Net Assets $34M
Market Cap $33M
Portfolio Turnover 0.00%
Debt-to-Equity 0.0000
Total Leverage 0.00%
Structural Leverage (out of total) %
Portfolio Leverage (out of total) %
Expense Ratio 5.47%
Non Lev Exp Ratio 5.47%
Gross Asset Expense Ratio 5.00%
Gross Asset Non Lev Exp Ratio 5.00%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -6.61%
Discount Low(3 Yr) -60.71%
Discount High(3 Yr) 168.42%
Discount Rel Range (3 Yr) 24.94%
Comp Discount 2.42
Discount St Dev (1Yr) 16.17
Z-Stat (6mo) -0.08
Z-Stat (1Yr) -0.08
Z-Stat (3Yr) 0.14
Comp Z-Stat (6mo) -0.57
Comp Z-Stat (3Yr) 0.04
Distribution Data
Market Yield 0.00%
Income Yield 0.00%
Lev Adj NAV Yield 0.00%
Av Yield on Debt Investments 11.71
Distribution Frequency NA
Current Distribution $0.075
Current Income $0.075
Ex-Date 11/18/22
Payable Date 12/1/22
Div Growth (3yr) %
Dividend Change % on
Expected Div
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $0
Avg Volume 30 day 2,528
Avg Volume 90 day 916
Volume Trend 175.98%
Comp Volume Trend 170.24%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's BDC Index
Most Correlated Peer (Mk Pr): BKCC 25.0%
Price St Dev (1Yr) 194.2%
NAV St Dev (1Yr) 20.2%
Earnings / Share (6/30/23) $
Adj Core NII Coverage %
1 Yr Avg NII Coverage %
1 Yr Avg Adj Core NII Coverage %
NII Trend %
Adj Core NII Trend %
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % %
% Loans with Libor Floor 0%

DISCLOSURES: 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 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.).

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