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Trinity Capital Inc (TRIN)

BDC - Debt Focused BDC

Data as of June 14, 2024
Market Price $14.82 ( $0.00)
NAV (March 31, 2024) $12.88 ( $0.00)
Fund Listed NASDAQ
Premium / Discount 15.06% (0.00%)
Fund Info
Inception Jan. 29, 2021
Sponsor Trinity Capital Inc.
Website https://trinitycap.com/
Phone (480)374-5350
Location Arizona
Incorporated Maryland
Staggered Board No
Term Date N/A
Objective: To generate current income and, secondly capital appreciation through investments consisting primarily of term debt and equipment financings and, to a lesser extent, working capital loans, equity and equity-related investments.
Related Indexes
Debt-Focused Business Development Company (BDC) Index
High Income Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Capital & Leverage
Outstanding Shares 49,478,520
Total Assets (Reported: March 31, 2024) $1,409M
Estimated Total Assets $1,320M
Net Assets $637M
Market Cap $733M
Portfolio Turnover 45.60%
Debt-to-Equity 1.1644
Total Leverage 51.73%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 16.35%
Non Lev Exp Ratio 8.50%
Gross Asset Expense Ratio 7.18%
Gross Asset Non Lev Exp Ratio 3.73%
Rel Lev Cost 6.66%
Discount Data
Average Discount (3 Yr) 4.95%
Discount Low(3 Yr) -25.47%
Discount High(3 Yr) 28.32%
Discount Rel Range (3 Yr) 75.36%
Comp Discount 15.58
Discount St Dev (1Yr) 3.99
Z-Stat (6mo) 0.84
Z-Stat (1Yr) 1.17
Z-Stat (3Yr) 1.06
Comp Z-Stat (6mo) 0.51
Comp Z-Stat (3Yr) 0.56
Distribution Data
Market Yield 13.77%
Income Yield 13.77%
Lev Adj NAV Yield 10.44%
Av Yield on Debt Investments 15.80
Distribution Frequency Q
Current Distribution $0.510
Current Income $0.510
Ex-Date 6/28/24
Payable Date 7/15/24
Div Growth (3yr) 75.86%
Dividend Change 2.0% on 3/14/24
Expected Div 9/13/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022
Income 57.8%
ST Gains 18.7%
QDI 0%
LT Gains 23.5%
RoC 0%
Volume & Liquidity
Average Daily $ (K) $6,534
Avg Volume 30 day 318,444
Avg Volume 90 day 440,895
Volume Trend -27.77%
Comp Volume Trend -35.67%
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): FDUS 59.0%
Price St Dev (1Yr) 21.1%
NAV St Dev (1Yr) 2.5%
Earnings / Share (3/31/24) $0.517
Adj Core NII Coverage 101.41%
1 Yr Avg NII Coverage 109.69%
1 Yr Avg Adj Core NII Coverage 109.69%
NII Trend -7.48%
Adj Core NII Trend -7.48%
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 % 5.39%
% Loans with Libor Floor 73%


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

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