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Stellus Capital Investment Corporation (SCM)

BDC - Debt Focused BDC

Data as of June 14, 2024
Market Price $13.79 ( $0.00)
NAV (March 31, 2024) $13.41 ( $0.00)
Fund Listed NYSE
Premium / Discount 2.83% (+0.00%)
Fund Info
Inception Nov. 8, 2012
Sponsor Stellus Capital Management
Website http://stelluscapital....
Location Texas
Incorporated Maryland
Staggered Board No
Term Date N/A
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
High Income Index
Capital & Leverage
Outstanding Shares 24,125,642
Total Assets (Reported: March 31, 2024) $935M
Estimated Total Assets $905M
Net Assets $324M
Market Cap $333M
Portfolio Turnover 13.07%
Debt-to-Equity 0.8671
Total Leverage 64.27%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 19.70%
Non Lev Exp Ratio 9.99%
Gross Asset Expense Ratio 6.74%
Gross Asset Non Lev Exp Ratio 3.42%
Rel Lev Cost 5.17%
Discount Data
Average Discount (3 Yr) -3.21%
Discount Low(3 Yr) -23.24%
Discount High(3 Yr) 13.91%
Discount Rel Range (3 Yr) 70.18%
Comp Discount 3.35
Discount St Dev (1Yr) 3.93
Z-Stat (6mo) 0.81
Z-Stat (1Yr) 0.47
Z-Stat (3Yr) 0.96
Comp Z-Stat (6mo) 0.49
Comp Z-Stat (3Yr) 0.46
Distribution Data
Market Yield 11.60%
Income Yield 11.60%
Lev Adj NAV Yield 7.26%
Av Yield on Debt Investments 11.90
Distribution Frequency M
Current Distribution $0.133
Current Income $0.133
Ex-Date 6/28/24
Payable Date 7/15/24
Div Growth (3yr) 60.02%
Dividend Change 42.9% on 1/12/23
Expected Div 7/5/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022 2020 - 2022
Income 85.8% 90.3%
ST Gains 0% 0%
QDI 2.0% 0.8%
LT Gains 14.2% 9.7%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $2,207
Avg Volume 30 day 235,705
Avg Volume 90 day 160,012
Volume Trend 47.30%
Comp Volume Trend 39.41%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's BDC Index
Most Correlated Peer (Mk Pr): CGBD 72.0%
Price St Dev (1Yr) 17.2%
NAV St Dev (1Yr) 4.0%
Earnings / Share (3/31/24) $0.141
Adj Core NII Coverage 109.94%
1 Yr Avg NII Coverage 114.28%
1 Yr Avg Adj Core NII Coverage 117.79%
NII Trend 0.85%
Adj Core NII Trend 0.34%
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % 1.35%
% Loans with Libor Floor 96%


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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.

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