Recent Updates — SCM
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.