HTGC Analysis
Hercules Capital, Inc. — is the distribution income, or your own capital coming back?
NAV decline exceeded distributions
Over the last 1Y, HTGC distributed 14.7% of its price while NAV fell 14.3%. The decline was larger than everything paid out, so a holder across the full window is down on a total-return basis despite the distributions.
From here, HTGC would need a 17% price gain just to return to where it started the window — before any further distributions are counted.
This verdict is generated from fixed thresholds applied to live price and distribution data, not written per fund. Two funds with the same profile always get the same wording.
How HTGC generates income
HTGC is an income-focused ETF issued by Hercules Capital. BDC providing venture lending to technology companies. Quarterly dividends plus supplementals.
The fund is designed for investors who prioritize regular income distributions. The yield comes from a combination of dividends from the underlying holdings and any income-generating strategies the fund employs.
- Income source
- Dividends from underlying holdings
- Issuer
- Hercules Capital
HTGC price return since first distribution
The capital half of total return. Read it against the cumulative distributions below — the two together are what a holder actually earned.
Cumulative price return: -2.09%
Want this chart with the underlying, peer funds, and the S&P overlaid on one axis? Koyfin does that — 20% off through our link (Affiliate link — we earn a commission if you subscribe, at no extra cost to you.)
Cumulative distributions collected
Running total of per-share distributions since the first payment on record — 85 payments.
Total collected per share since inception: $28.56
Go deeper on HTGC than this page can
This page answers one question well: did HTGC's distributions outrun its NAV. Koyfin answers the rest — options-implied volatility on the underlying, holdings, correlation, and custom dashboards tracking your whole income sleeve. Our link gets you 20% off the first year.
Affiliate link — we earn a commission if you subscribe, at no extra cost to you. Full disclosure.