Triplepoint Venture Growth BDC Corp. Aktie News

TriplePoint Venture Growth BDC Corp. ( TPVG ) Q3 2025 Earnings Call November 5, 2025 5:00 PM EST Company Participants James Labe - Co-Founder, Chairman & Co-CEO Sajal Srivastava - Co-Founder, President, Co-CEO, Secretary, Treasurer & Director Mike Wilhelms - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler & Co., Research Division Cory Johnson - UBS Investment B...

MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the third quarter ended September 30, 2025. The Company prev...

Business development companies (BDCs) have gained popularity in recent years, but they still don't get as much attention as they should. Which is too bad, because they pay life-changing (no exaggeration here) dividends.

MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its Board of Directors has declared a regular quarterly distribution of $0.23 per share for the fourth quarter and a...

Blackstone Secured Lending and Morgan Stanley Direct Lending are high-quality BDCs facing potential dividend cuts due to falling coverage ratios. BXSL's fundamentals remain strong, but tight dividend coverage, high floating-rate exposure, and significant upcoming debt maturities raise concerns about a near-term cut. MSDL, despite robust liquidity and investment-grade ratings, has seen declining...

TriplePoint Venture Growth BDC trades at a deep discount to NAV, reflecting internal portfolio weaknesses rather than a compelling buying opportunity. TPVG's earnings and NAV growth remain stagnant, with elevated non-accruals and rising PIK income signaling ongoing portfolio stress despite a high 15.8% dividend yield. While the current dividend appears sustainable with 122% coverage, further in...

BDCs have already experienced a notable correction. The sector median P/NAV metric indicates ~12% discount to NAV. Many players are priced even below that.

AI disruption is happening faster than most expect, with trillions in CapEx reshaping industries and creating huge risks for income investors. BDCs thrive on high yields, but their heavy software exposure now faces AI-driven disruption that could upend portfolios and cash flows. I'm staying cautious, focusing on proven BDCs with strong diversification and lower disruption risk to balance income...