CEF Advisors

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Great Elm Capital Corp. (GECC)

BDC - Debt Focused BDC

Data as of May 6, 2021
Current
Market Price $3.26 (- $0.02)
NAV (Dec. 31, 2020) $3.46 ( $0.00)
Premium / Discount -5.78% (-0.58%)
Fund Info
Inception Nov. 7, 2016
Sponsor Great Elm Capital Management, Inc.
Website www.greatelmcc.com/
Phone
Location Massachusetts
Incorporated Maryland
Staggered Board Yes
Objective: current income and capital appreciation by investing in middle-market companies that operate in a diverse range of industries.
Related Indexes
Debt-Focused Business Development Company (BDC) Index
High Income Index
Capital & Leverage
Outstanding Shares 23,508,232
Total Assets (Reported: Dec. 31, 2020) $283M
Estimated Total Assets $137M
Net Assets $81M
Market Cap $77M
Portfolio Turnover 64.00%
Debt-to-Equity 1.4528
Total Leverage 40.82%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 26.94%
Non Lev Exp Ratio 12.45%
Gross Asset Expense Ratio 5.79%
Gross Asset Non Lev Exp Ratio 2.68%
Rel Lev Cost 7.63%
Discount Data
Average Discount (3 Yr) -20.25%
Discount Low(3 Yr) -69.64%
Discount High(3 Yr) 16.47%
Discount Rel Range 74.16%
Comp Discount -9.09
Discount St Dev (1Yr) 17.04
Z-Stat
Z-Stat (6mo) 0.43
Z-Stat (1Yr) 0.77
Z-Stat (3Yr) 1.13
Comp Z-Stat (6mo) -0.94
Comp Z-Stat (3Yr) -0.03
Distribution Data
Market Yield 12.27%
Income Yield 12.27%
Lev Adj NAV Yield 8.21%
Av Yield on Debt Investments 11.70
Distribution Frequency Q
Current Distribution $0.100
Current Income $0.100
Ex-Date 3/12/21
Payable Date 3/31/21
Div Growth (3yr) 20.48%
Dividend Change 20.5% on 2/24/21
Expected Div 5/24/21
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2017
Income 100%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 0%
Volume & Liquidity
Average Daily $ (M) $874
Avg Volume 30 day 127,919
Avg Volume 90 day 268,193
Volume Trend -52.30%
Comp Volume Trend -37.59%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
35.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
48.0%
Price Correlation (1yr)
vs. CEFA's BDC Index
42.0%
Most Correlated Peer (Mk Pr): WHF 58.0%
Price St Dev (1Yr) 60.3%
NAV St Dev (1Yr) 38.4%
Earnings
Earnings / Share (12/31/20) $0.072
Adj Core NII Coverage 71.56%
1 Yr Avg NII Coverage 176.95%
1 Yr Avg Adj Core NII Coverage 176.95%
NII Trend -29.36%
Adj Core NII Trend -29.36%
Performance
Price Beta (2yr)
vs. S&P 500 (TR)
1.15
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
1.47
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
0.93
Portfolio Data
Avg Libor Floor % 1.07%
% Loans with Libor Floor 38%

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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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