CEF Advisors

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Stellus Capital Investment Corporation (SCM)

BDC - Debt Focused BDC

Data as of Dec. 4, 2019
Current
Market Price $14.23 (- $0.03)
NAV (Sept. 30, 2019) $14.40 ( $0.00)
Premium / Discount -1.18% (-0.21%)
Fund Info
Inception Nov. 8, 2012
Sponsor Stellus Capital Management
Website http://stelluscapital....
Phone
Objective: Current income and capital appreciation; first lien, second lien, unitranche and mezzanine debt financing and equity investment
Related Indexes
Debt-Focused Business Development Company (BDC) Index
Capital & Leverage
Outstanding Shares 18,905,959
Total Assets (Reported: Sept. 30, 2019) $612M
Estimated Total Assets $589M
Net Assets $272M
Market Cap $269M
Debt-to-Equity 0.6721
Total Leverage 53.77%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 15.27%
Non Lev Exp Ratio 9.34%
Gross Asset Expense Ratio 6.34%
Gross Asset Non Lev Exp Ratio 3.88%
Rel Lev Cost 4.58%
Discount Data
Average Discount (3 Yr) -4.07%
Discount Low(3 Yr) -17.89%
Discount High(3 Yr) 7.88%
Discount Rel Range 64.84%
Comp Discount 2.18
Discount St Dev (1Yr) 3.96
Z-Stat
Z-Stat (6mo) 0.85
Z-Stat (1Yr) 0.34
Z-Stat (3Yr) 0.55
Comp Z-Stat (6mo) 0.15
Comp Z-Stat (3Yr) 0.21
Distribution Data
Market Yield 9.55%
Income Yield 9.55%
Lev Adj NAV Yield 6.14%
Av Yield on Debt Investments 9.40
Distribution Frequency M
Current Distribution $0.113
Current Income $0.113
Ex-Date 11/27/19
Payable Date 12/13/19
Div Growth (3yr) 0.00%
Dividend Change 422.9% on 1/21/14
Expected Div 1/10/20
RoC (1yr) 0.00%
RoC (3yr) 0.47%
Tax Dividend Data 2018
Income 72.6%
ST Gains 0%
QDI 1.2%
LT Gains 27.4%
RoC 0%
Volume & Liquidity
Average Daily $ (M) $1,189
Avg Volume 30 day 93,042
Avg Volume 90 day 83,552
Volume Trend 11.36%
Comp Volume Trend -0.81%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
32.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
51.0%
Price Correlation (1yr)
vs. CEFA's BDC Index
68.0%
Most Correlated Peer (Mk Pr): MRCC 74.0%
Price St Dev (1Yr) 19.7%
NAV St Dev (1Yr) 2.3%
Earnings
Earnings / Share (9/30/19) $0.102
Adj Core NII Coverage 104.00%
1 Yr Avg NII Coverage 96.74%
1 Yr Avg Adj Core NII Coverage 100.16%
NII Trend -17.86%
Adj Core NII Trend -9.74%
Performance
Price Beta (2yr)
vs. S&P 500 (TR)
0.72
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.95
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
0.98
Portfolio Data
Avg Libor Floor % 1.10%
% Loans with Libor Floor 86%

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CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

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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