While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
The BDC sector faces mounting risks from a weakening economy, high consumer debt, and the potential for further dividend cuts as interest rates decline. Recent dividend cuts by several BDCs highlight the sector's vulnerability, despite some names maintaining resilience and attractive valuations. Spillover income offers only limited protection; tight dividend coverage and rising non-accruals sig...
Q2 earnings confirmed my call for a market rotation in BDCs; quality bias and selectivity remain critical for outperformance. Structural headwinds—spread compression, falling base rates, and thin dividend coverage—signal elevated risk of further dividend cuts across the sector. Current sector repricing is insufficient for broad new BDC allocations; most remain unattractive except for select nam...
During the July meeting of the Federal Reserve, both Christopher Waller and Michelle Bowman, both of whom were Trump appointees, voted against the central bank's decision to leave interest rates unchanged — the first time two governors have dissented on a monetary policy decision in a single meeting since 1993.
Trinity Capital offers a double-digit, well-covered 12.9% dividend yield. The BDC reported NAV per share growth of 22 cents sequentially for its second quarter. TRIN's payout ratio also improved sequentially following NII that grew by 30.3% over its year-ago comp.
Trinity Capital Inc. (NASDAQ:TRIN ) Q2 2025 Earnings Conference Call August 6, 2025 12:00 PM ET Company Participants Ben Malcolmson - Head of Investor Relations Gerald Harder - Chief Operating Officer Kyle Steven Brown - CEO, President, Chief Investment Officer & Director Michael Testa - CFO & Treasurer Ronald Kundich - Chief Credit Officer Conference Call Participants Casey Jay Alexander - Com...
Total Investment Income grows 27.3% year-over-year Net Asset Value reaches new high of $923.6 million Return on Average Equity increases to 15.9% PHOENIX , Aug. 6, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital" or "the Company"), a leading alternative asset manager, today announced its financial results for the second quarter ended June 30, 2025. Second Quarter 2025...
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