Analyst’s Disclosure:I/we have a beneficial long position in the shares of ARCC, BXSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether ...

Accessibility StatementSkip Navigation "We welcome Trinity Capital as a financing partner and appreciate their confidence in providing us this important financial flexibility as we continue our commercial expansion of our newly launch, next-generation Therapy Disc, and build upon our recent publication of what we believe is the largest long-term real-world data set for a permanent PNS device that demonstrated reliable long-term pain relief to a broad spectrum of patients," said Tom West, President and CEO ...

业务发展公司行业特征 - 业务发展公司为中小型企业提供贷款服务 这些企业无法像大型公司那样进入债券市场融资[3] - 行业被国会强制要求将至少90%的应税收入作为股息分配给投资者[2] - 行业股息收益率范围在10.6%至12.6%之间 远高于普通股票的股息水平[2] 利率环境对行业影响 - 大部分业务发展公司贷款采用浮动利率 与美联储利率政策挂钩[4] - 美联储降息通常会导致业务发展公司贷款收入下降 特别是浮动利率贷款[5] - 降息同时会降低业务发展公司自身借款成本 并刺激贷款需求增长[6] - 浮动利率债务具有双向性 资产收益率下降可能被债务成本降低所抵消[7] Trinity Capital公司分析 - 公司专注于成长阶段企业投资 2025年实现20%总回报率 位列行业前列[8] - 投资组合按公允价值计算：债务类占75% 设备融资占17% 股权和认股权证占剩余部分[9] - 投资集中于前沿技术领域 包括航天技术 绿色技术 医疗技术和人工智能[10] - 80%未偿还本金为浮动利率贷款 但超过半数投资组合设有最低利率保护[11] - 股票交易价格较净资产价值溢价22%[11] Oaktree Specialty Lending公司分析 - 公司交易价格较净资产价值折让16%[12] - 投资组合包含149家公司 主要分布在软件服务及医疗设备服务行业[12] - 主要投资于优先担保债务 其中大部分为第一留置权债务[13] - 超过90%债务投资组合为浮动利率[13] - 2024年表现显著落后行业 今年将常规股息削减27%至每股0.4美元[14] - 第一季度发放7美分补充股息 第二季度发放2美分 第三季度未发放额外股息[14] Blackstone Secured Lending Fund公司分析 - 公司依托黑石集团资源 可获得全球最大替代信贷平台支持[16] - 专注于中上层市场公司的第一留置权优先担保债务[17] - 投资组合包含295家公司 行业分布偏周期性但风险控制较好[17] - 股息覆盖能力从"充裕"下降至"勉强维持"水平[18] - 股票交易价格较净资产价值溢价7%[18] Blue Owl Capital公司分析 - 公司专注于美国中层市场企业 投资对象年EBITDA在1000万至2.5亿美元之间[19] - 投资组合包含233家公司 81%为优先担保贷款 98%为浮动利率[20] - 投资策略偏防御性 注重经常性收入和高转换成本特性[20] - 不良贷款率上升 净资产值下降 收入仅符合预期[21] - 股票交易价格较净资产价值折让5%[22]

The landscape for Business Development Companies is becoming more tricky as interest rates remain elevated. Many BDCs are struggling to grow their earnings and NAV since the higher interest rate environment makes it more costly forFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offe ...

The landscape for Business Development Companies is becoming more tricky as interest rates remain elevated. Many BDCs are struggling to grow their earnings and NAV since the higher interest rate environment makes it more costly forFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offe ...

收购要约 - Strathcona Resources公司提高对MEG Energy的收购报价以赢得竞购战 [1] - 公司高管对修订后的报价获得交易成功表示信心 [1] 行业动态 - 加拿大石油行业出现激烈竞购战 [1]

Accessibility StatementSkip Navigation PHOENIX, Sept. 11, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of $26 million in growth capital to Unmind, the workplace mental health platform delivering complete care in one solution, powered by AI. Unmind combines human expertise, digital innovation, and proven science so every employee can access the right support – from proactive and preventative AI guidance to ther ...

Accessibility StatementSkip Navigation About Trinity Capital Inc. Trinity Capital Inc. (NASDAQ: TRIN) is an international alternative asset manager that seeks to deliver consistent returns for investors through access to private credit markets. Trinity Capital sources and structures investments in well-capitalized growth-oriented companies across five distinct lending verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences. As a long-term, trusted partner for inno ...

Not that long (before Q2, 2025 earnings season), I issued an article on Trinity Capital Inc. (NASDAQ: TRIN ) titled: Trinity Capital: 14% Yield To Buy Now. I labeled TRIN as one of the bestRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-l ...

投资服务策略 - 提供收益导向型投资组合策略 通过持有资产获得收益 无需出售即可实现退休资金需求[1] - 服务包含模型投资组合及买卖提醒 保守型投资者适用的优先股和婴儿债券组合 活跃社区讨论及领导者访问权限 股息和投资组合追踪工具 定期市场更新[2] - 采用社区化和教育式服务理念 强调投资者不应独自进行投资决策[2] 资产类别分析 - 抵押贷款支持证券构成美国住房市场核心 支持数百万家庭实现购房需求[2] - 当前分析聚焦于公司信贷领域 作为固定收益资产的重要组成部分[2] 作者持仓披露 - 分析师持有OXLC ECC的优先股和婴儿债券 以及RWAY TRIN CSWC的婴儿债券多头仓位 通过股票 期权或其他衍生工具持有[3] - 分析内容代表作者个人观点 未获得除Seeking Alpha外任何补偿 与涉及公司无商业关联[3] 研究团队构成 - 四位支持贡献者共同服务于高股息机会研究团队 所有投资建议均动态调整[4] - 团队持续监控持仓情况 向会员独家提供买卖提醒服务[4]