TRIN

Investor sentiment in venture debt BDCs continues to be shaped by perceived AI-driven risks to software portfolios. TPVG is down 15% over the last year, with TRIN up 13%. TRIN offers an 11.07% annualized yield with monthly distributions, while TPVG pays 580 basis points over this with its 16.9% yield but with coverage at 91% versus 100% from TRIN. TPVG saw NII fall 26.5% year-over-year versus growth of 32.1% for TRIN, with TPVG trading at a deep 37% discount to NAV per share. TRIN trades at a 35% premium.

Many BDCs have cut their dividends in the past 12-month period. However, for many (including those who have already cut), some form of damage is still in front of them. In my view, investing in BDCs for truly durable income is almost impossible.

Trinity Capital Inc. (TRIN) Q2 2026 Earnings Call Transcript

Trinity Capital NASDAQ: TRIN reported record second-quarter originations and growth in net asset value, while management said its expanding managed-funds platform, recent equipment-finance acquisition and joint ventures are intended to support earnings growth over time.

Trinity Capital (TRIN) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.53 per share a year ago.

Return on Average Equity reaches 15.2% in Q2 Quarterly Net Investment Income climbs to a record $46.0 million, or $0.51 per share Q2 2026 Total Investment Income grows 25.5% year-over-year PHOENIX, Aug. 5, 2026 /PRNewswire/ -- Trinity Capital Inc. (NYSE: TRIN) ("the Company"), a leading international alternative asset manager, today announced its financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Highlights Total investment income of $87.2 million, an increase of 25.5% year-over-year.

Business development companies (BDCs) remain one of the most efficient income vehicles in public markets, and August is shaping up to be a constructive month to lean into the space.

PHOENIX, July 27, 2026 /PRNewswire/ -- Trinity Capital Inc. (NYSE: TRIN) (the "Company"), a leading international alternative asset manager, began trading today on the New York Stock Exchange ("NYSE") and NYSE Texas, a strategic transfer designed to enhance the Company's profile among institutional investors and peers in the financials sector. Trinity Capital's common stock continues to trade under the ticker symbol, "TRIN.

Trinity Capital remains a "Buy" due to sustained outperformance versus major indices and a robust, well-managed 11.8% yield. TRIN's diversified BDC portfolio spans technology, equipment financing, and life sciences, supporting consistent investment growth and attractive distributions. Management issues shares at a premium to NAV, maintaining capital integrity and enabling sustainable, hefty payouts without eroding net asset value per share.

PHOENIX, July 14, 2026 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced that it plans to transfer the listing of its common stock to the New York Stock Exchange ("NYSE") and NYSE Texas from the Nasdaq Stock Market ("Nasdaq"). The Company expects to begin trading as a NYSE-listed company on or about July 27, 2026, maintaining the current ticker symbol "TRIN" for its common stock.