TRIN News and Press, Trinity Capital Inc. From 07/22/23

2023-07-22 00:55:33 ET Summary We take a look at the action in business development companies through the second week of July and highlight some of the key themes we are watching. BDCs had another strong week, extending the year-to-date rally to double-digit figures. BDC inves...

2023-07-22 00:23:56 ET Summary With Ares Capital about to kick off BDC earnings season (Tues pre-market), we share updated comparative data on 40+ big-yield BDCs. After considering current market conditions (rates, credit spreads, fear-greed), we consider Ares' growing non-accrual...

2023-07-20 18:11:16 ET Summary Portman Ridge Finance has been struggling to outperform its peers and the S&P 500, with its stock underperforming over the past nine months. Despite a rise in total investment, core investment, and net investment income in Q1 2023, the company sa...

2023-07-19 15:17:08 ET Summary This article discusses dividend coverage for two BDCs currently yielding around 11% including supplemental dividends. We suggest one of these companies with a list of positives that investors should consider. One of the largest mistakes that BDC ...

2023-07-13 12:36:39 ET Summary This article discusses portfolio credit quality for Ares Capital which is the largest BDC currently yielding 10%. Credit quality is the most important consideration when selecting which BDCs are "buy and hold" as well as setting target prices. Th...

2023-07-12 13:45:50 ET Summary This fund's total expense ratio is very high. A large part of the portfolio is in leveraged debt. The share price has lost 35% since inception and is very volatile. Distributions are down by about 20% in 10 years. Bonus: How to manage cap...

Trinity Capital Inc. Announces Time Change for its Second Quarter 2023 Conference Call PR Newswire PHOENIX , July 11, 2023 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions ...

2023-07-08 01:56:07 ET Summary Trinity Capital is a business development company that's focused on venture capital lending and equipment loans. Recently, Jefferies initiated coverage on TRIN with a Buy and a $15 price target. The shares rapidly shot higher, and that's where th...

2023-07-07 15:38:46 ET Summary I recommend several high-yield income-oriented investments, including business development companies (BDCs), real estate investment trusts (REITs), and a closed-end fund (CEF) that holds midstream assets or master limited partnerships (MLPs). Regulat...

Trinity Capital Inc. Provides Details for Second Quarter 2023 Financial Results and Conference Call PR Newswire PHOENIX , July 6, 2023 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity"), a leading provider of diversified financial solutions to gr...