Trinity Capital: The 14% Yield Looks Sustainable In 2024

PM Images My Rating History Trinity Capital's Unique Portfolio Composition, Decline In Debt Yields TOTAL PORTFOLIO BY INVESTMENT TYPE(2) Equipment Financing Equity & Warrants Loans $1,350,000 5.5% 4.2% $1,200,000 20.4% 4.2% 4.7% 4.1% 26.4% $1,050,000 21.3% 20.0% 21.9% $900,000 THOUSANDS $750,000 $600,000 74.1% $450,000 69.4% 74.5% 75.3% 74.0% $300,000 $150,000 $0 1Q23 2Q23 3Q23 4Q23 1Q24 Timity Capital owned 75.4% floating-rate debt investments in 1Q24 and had 25.8% floating-rate borrowings, which give the ...