Hercules Capital is a finance company focused on providing senior secured loans to venture capital-backed companies in a variety of technology, life sciences and sustainable and renewable technology industries. Co. invests primarily in structured debt with warrants and, to a lesser extent, in senior debt and equity investments, as well as in private companies but also has investments in public companies. Co. also provides unitranche loans, which are loans that combine both senior and mezzanine debt, generally in a first lien position. Co. makes investments in qualifying small businesses through Hercules Technology III, L.P., which is its wholly owned small business investment company. The HTGC stock yearly return is shown above.
The yearly return on the HTGC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the HTGC annual return calculation with any dividends reinvested as applicable (on ex-dates).
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