CEF Advisors

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Stellus Capital Investment Corporation (SCM)

BDC - Debt Focused BDC

Data as of Oct. 21, 2021
Market Price $13.87 (+ $0.02)
NAV (June 30, 2021) $14.07 ( $0.00)
Premium / Discount -1.42% (+0.14%)
Fund Info
Inception Nov. 8, 2012
Sponsor Stellus Capital Management
Website http://stelluscapital....
Location Texas
Incorporated Maryland
Staggered Board No
Objective: Current income and capital appreciation; first lien, second lien, unitranche and mezzanine debt financing and equity investment
Capital & Leverage
Outstanding Shares 19,486,003
Total Assets (Reported: June 30, 2021) $804M
Estimated Total Assets $769M
Net Assets $274M
Market Cap $270M
Portfolio Turnover 16.30%
Debt-to-Equity 1.0521
Total Leverage 64.35%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 13.98%
Non Lev Exp Ratio 7.13%
Gross Asset Expense Ratio 4.76%
Gross Asset Non Lev Exp Ratio 2.43%
Rel Lev Cost 3.63%
Discount Data
Average Discount (3 Yr) -13.10%
Discount Low(3 Yr) -64.21%
Discount High(3 Yr) 7.88%
Discount Rel Range 87.10%
Comp Discount -6.51
Discount St Dev (1Yr) 8.61
Z-Stat (6mo) 2.61
Z-Stat (1Yr) 1.26
Z-Stat (3Yr) 0.80
Comp Z-Stat (6mo) 1.95
Comp Z-Stat (3Yr) -0.19
Distribution Data
Market Yield 8.07%
Income Yield 8.07%
Lev Adj NAV Yield 4.84%
Av Yield on Debt Investments 8.20
Distribution Frequency M
Current Distribution $0.093
Current Income $0.093
Ex-Date 10/28/21
Payable Date 11/15/21
Div Growth (3yr) -17.73%
Dividend Change 3.7% on 9/15/21
Expected Div 10/19/21
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2020 2018 - 2020
Income 90.0% 68.2%
ST Gains 0% 0%
QDI 0% 0.6%
LT Gains 10.0% 31.8%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (M) $773
Avg Volume 30 day 55,793
Avg Volume 90 day 55,751
Volume Trend 0.08%
Comp Volume Trend 1.97%
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): PFLT 64.0%
Price St Dev (1Yr) 28.0%
NAV St Dev (1Yr) 6.5%
Earnings / Share (6/30/21) $0.095
Adj Core NII Coverage 107.00%
1 Yr Avg NII Coverage 105.24%
1 Yr Avg Adj Core NII Coverage 112.46%
NII Trend 2.70%
Adj Core NII Trend 0.87%
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 % 1.20%
% Loans with Libor Floor 85%


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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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