Great Elm Capital Corp. 7.75% Notes Due 2030
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $347.0M
- Price
- $24.98
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.04%
- Volume
- 1.2K
About
Great Elm Capital Corp. functions as an externally managed business development company (BDC), dedicated to maximizing overall investor returns. It endeavors to generate both consistent income and capital appreciation through its investment activities. The firm allocates capital to a diverse range of debt instruments and equity securities that yield returns, which includes holdings in specialty finance operations. GECC primarily directs its investments toward mid-sized companies, with a principal emphasis on industries such as media, commercial services, healthcare, telecommunications, and communications equipment.
Quick stats
Shares outstanding13.9M
Computed float5.8M
Float / shares41.7%
Key info
SectorFinancial Services
IndustryAsset Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001675033
Websitehttps://www.greatelmcc.com/
AI Summary
AI-generated1/17
standardmixedearnings
Great Elm Capital Corp. Announces Second Quarter 2026 Financial Results
Great Elm Capital reported Q2 net investment income of $0.32 per share, down from $0.36 in the prior quarter, while NAV grew 3% quarter-over-quarter to $7.95 per share.
The board declared a dividend of $0.25 per share for Q3, a reduction from the prior $0.30, though NII fully covered the distribution and the investment adviser waived an additional $0.9 million in incentive fees.
Management strengthened the balance sheet by retiring $18.6 million of GECCO notes and extending its revolver maturity to 2029, while repurchasing 0.1 million shares at a 37% discount to NAV.
Red flags
- Quarterly dividend reduced from $0.30 to $0.25 per share.
- Net investment income per share decreased quarter-over-quarter from $0.36 to $0.32.