Quarterly ResultMay 14, 2026, 04:52 PM
TriLinc Global Impact Fund Q1 Net Investment Income Plunges 83% to $0.5M
AI Summary
TriLinc Global Impact Fund reported a significant decline in its first-quarter 2026 financial performance. Net investment income plummeted by 83% to $535,474, and earnings per unit dropped to $0.00 from $0.05 in the prior year. The company's investment portfolio shows substantial distress, with numerous investments on watch lists, non-accrual status, in default, or undergoing bankruptcy and restructuring proceedings. The fair value of investments remains considerably below their amortized cost.
Key Highlights
- Net investment income decreased 83% to $535,474 in Q1 2026 from $3,141,781 in Q1 2025.
- Net change in net assets from operations fell 97.5% to $63,070 in Q1 2026 from $2,562,134 in Q1 2025.
- Earning per unit was $0.00 in Q1 2026, down from $0.05 in Q1 2025.
- Total investment income decreased 35.7% to $4,023,697 in Q1 2026 from $6,253,134 in Q1 2025.
- Total expenses increased 12% to $3,488,223 in Q1 2026 from $3,111,353 in Q1 2025.
- Investments owned at fair value were $263,296,448, significantly below the amortized cost of $331,156,303.
- A substantial portion of the investment portfolio is on watch lists, non-accrual, in default, or bankruptcy.