secwatch.observer — SEC 8-K summary
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Issuer:     TPG Twin Brook Capital Income Fund (—)
CIK:        0001913724
Form:       8-K
Filed at:   2026-05-21T20:52:08+00:00
Accession:  0001628280-26-037355
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1913724/000162828026037355/0001628280-26-037355-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1913724/000162828026037355/agci-20260521.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-037355

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer