Earnings ·
Stellus Capital Investment Corp announced preliminary financial results for its second quarter ended June 30, 2026
SCMStellus Capital Investment Corp
Stellus Capital Investment Corp announced preliminary financial results for its second quarter ended June 30, 2026. The company reported a net investment income estimate of $0.25 to $0.27 per share and a net asset value per share between $12.76 and $12.84, reflecting an increase of 1.8% to 2.4% from the prior quarter. During the period, Stellus funded approximately $18 million in investments while receiving $49 million in repayments, bringing the total portfolio fair value to between $965 million and $975 million. The firm also received a license for its third Small Business Administration (SBA) fund, allowing it to contribute $125 million in equity and draw up to $250 million in SBA-guaranteed debentures. Additionally, the company repurchased 274,343 shares at a weighted average price of $8.88 per share under its existing authorization program. Stellus Capital Investment Corp is an externally-managed business development company that invests primarily in private middle-market companies through debt and equity financing.