---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-037355"
form_type: "8-K"
ticker: null
cik: "0001913724"
company_name: "TPG Twin Brook Capital Income Fund"
filed_at: "2026-05-21T20:52:08+00:00"
generated_at: "2026-05-21T20:57:12.519431+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TCAP Q1 2026: YTD total return 2.5% (Class I); TTM return 10.3%; distribution rate 9.9%

## Summary
- Class I YTD total return 2.5%, outperforming leveraged loans by 180bps and fixed income by 250bps.
- Trailing 12-month total return 10.3%, outperforming leveraged loans by 430bps and fixed income by 600bps.
- Annualized distribution rate for Class I is 9.9%; debt-to-equity ratio 0.8x.
- Portfolio 100% first lien senior secured; non-accrual rate 0.2%; PIK interest 1.3%.
- TCAP committed $462M to new loans in Q1 2026; weighted average spread increased 10bps to 540bps.

## SEC filing metadata
- accession: 0001628280-26-037355
- form_type: 8-K
- cik: 0001913724
- company_name: TPG Twin Brook Capital Income Fund
- filed_at: 2026-05-21T20:52:08+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1913724/000162828026037355/0001628280-26-037355-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1913724/000162828026037355/agci-20260521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-037355
- JSON: https://secwatch.observer/filing/0001628280-26-037355.json
- Plain text: https://secwatch.observer/filing/0001628280-26-037355.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.