TPG Twin Brook Capital Income Fund Declares July 2026 Distributions, Reports NAV

What Happened

• TPG Twin Brook Capital Income Fund filed an 8-K on July 29, 2026, announcing distributions for July 2026 of $0.2000 gross per share for each share class. Record date is July 31, 2026, with payment on or about August 27, 2026; shareholders may receive cash or reinvest via the company’s distribution reinvestment plan.
• The company reported its net asset value (NAV) per share as of June 30, 2026: $25.1993 for Class I, Class S and Class D shares. As of that date the aggregate NAV was $2.7 billion, the investment portfolio fair value was $4.8 billion, principal debt outstanding was $2.3 billion, and the debt-to-equity ratio was approximately 0.85x.
• The company continues a continuous public offering of up to $5.0 billion in Shares. Through the July 1, 2026 subscription date the Offering reflects 111,105,417 shares issued for total consideration of about $2,815.1 million (Class I: 98,980,917 shares / $2,507.9M; Class S: 11,976,855 / $303.5M; Class D: 147,645 / $3.7M). The filing was signed by Terrence Walters, CFO and Treasurer, dated July 29, 2026.

Key Details

• Distribution declared: Gross $0.2000 per share for all classes; net amounts after shareholder servicing fees:
  • Class I: $0.2000 net
  • Class S: $0.1818 net (fee $0.0182)
  • Class D: $0.1947 net (fee $0.0053)
• Record date/payable date: record date July 31, 2026; payable on or about August 27, 2026; reinvestment option available.
• NAV and balance sheet snapshot (as of June 30, 2026): NAV/share $25.1993; aggregate NAV $2.7B; portfolio fair value $4.8B; principal debt $2.3B; debt-to-equity ≈ 0.85x.
• Offering status: continuous offering up to $5.0B; issued ~111.1M shares for $2,815.1M through July 1, 2026 (excludes reinvestment-plan sales).

Why It Matters

• The announced $0.20 gross distribution is a near-term cash (or reinvested) return for shareholders and shows the company is maintaining regular distributions.
• The NAV and balance-sheet figures give investors a current view of size and leverage: $2.7B NAV vs. $2.3B principal debt implies leverage of about 0.85x, a key metric for evaluating risk for an income-focused fund.
• Continued monthly share issuance (up to the $5.0B shelf) affects total shares outstanding and capital raising; investors should note the Offering totals and that reinvested distributions are excluded from the Offering table.