Trinity Capital Inc. is an internally managed, closed-end, non-diversified management investment company that operates as a business development company. It is a specialty lending company that provides debt, including loans and equipment financings, to growth stage companies, including venture-backed companies and companies with institutional equity investors. The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation through its investments.
Trinity Capital Inc. is having a very high yield at the moment which was the main reason for starting this position. Lets hope it is not a yield trap.
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