Trinity Capital is an internally managed business development company founded in 1940. As such, the BDC must distribute 90% of its taxable income to its shareholders in order to maintain its BDC classification.
Trinity Capital has two main focuses in its investment portfolio: It invests primarily in collateralized loans that generate recurring interest income. These investments accounted for 70.4% of Trinity Capital's portfolio as of June 30, 2024.
The focus on secured loans is complemented by investments in asset finance solutions, which accounted for around a quarter of the portfolio (23.3%), while an even smaller percentage of investments (6.3%) were in equities and warrants.
