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Trinity Capital Inc (TRIN)

BDC - Debt Focused BDC

Data as of Aug. 12, 2022
Current
Market Price $16.09 (+ $0.30)
NAV (June 30, 2022) $14.62 ( $0.00)
Fund Listed NASDAQ
Premium / Discount 10.05% (+2.05%)
Fund Info
Inception Jan. 29, 2021
Sponsor Trinity Capital Inc.
Website https://trincapinvestm...
Phone (480)374-5350
Location Arizona
Incorporated Maryland
Staggered Board No
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
Capital & Leverage
Outstanding Shares 31,405,672
Total Assets (Reported: June 30, 2022) $1,090M
Estimated Total Assets $992M
Net Assets $459M
Market Cap $505M
Portfolio Turnover 43.40%
Debt-to-Equity 1.2779
Total Leverage 53.73%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 15.69%
Non Lev Exp Ratio 8.83%
Gross Asset Expense Ratio 6.51%
Gross Asset Non Lev Exp Ratio 3.66%
Rel Lev Cost 5.30%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -5.81%
Discount High(3 Yr) 28.32%
Discount Rel Range 46.49%
Comp Discount 13.18
Discount St Dev (1Yr) 6.72
Z-Stat
Z-Stat (6mo) 0.36
Z-Stat (1Yr) 0.16
Z-Stat (3Yr)
Comp Z-Stat (6mo) -0.00
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 10.44%
Income Yield 10.44%
Lev Adj NAV Yield 7.47%
Av Yield on Debt Investments 13.80
Distribution Frequency Q
Current Distribution $0.420
Current Income $0.420
Ex-Date 6/29/22
Payable Date 7/15/22
Div Growth (3yr) %
Dividend Change 5.0% on 6/15/22
Expected Div 9/15/22
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $2,703
Avg Volume 30 day 145,363
Avg Volume 90 day 168,015
Volume Trend -13.48%
Comp Volume Trend 5.22%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
69.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
69.0%
Price Correlation (1yr)
vs. CEFA's BDC Index
71.0%
Most Correlated Peer (Mk Pr): TPVG 71.0%
Price St Dev (1Yr) 28.8%
NAV St Dev (1Yr) 14.5%
Earnings
Earnings / Share (6/30/22) $0.501
Adj Core NII Coverage 119.32%
1 Yr Avg NII Coverage 115.76%
1 Yr Avg Adj Core NII Coverage 115.76%
NII Trend 32.68%
Adj Core NII Trend 32.68%
Performance
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 % 3.65%
% Loans with Libor Floor 64%

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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.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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