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Stellus Capital Investment Corporation Reports Results for its Third Fiscal Quarter Ended September 30, 2026

  • Stellus Capital Investment Corporation reported fiscal third-quarter 2026 results ending September 30, 2026, with U.S. GAAP net investment income of $0.25 per share & core net investment income of $0.26 per share.
  • The company funded $38 million in new investments & received $30 million in repayments, resulting in a portfolio fair value of $966 million.
  • Under its Share Repurchase Program, Stellus repurchased 493,537 shares at an average price of $8.36, which was accretive to net asset value by approximately $0.08 per share.
  • Net assets decreased by $6.37 million ($0.22 per share) for the quarter due to a $13.5 million net unrealized depreciation on investments.
  • Total assets stood at $973.9 million & net assets were $349.3 million as of September 30, 2026, with a net asset value per share of $12.40.
  • Outstanding borrowings under the Credit Facility were $230.6 million as of September 30, 2026, with an accordion feature allowing expansion to $365 million.
  • SBA-guaranteed debentures totaled $257.5 million as of September 30, 2026, while subsequent balances as of November 9, 2026, showed $212.0 million in Credit Facility debt & $276.5 million in SBA debentures.
  • The company declared monthly dividends of $0.0833 per share for October, November, & December 2026, payable on October 30, November 13, & December 15, 2026, respectively.
  • Stellus invested in multiple portfolio companies during the quarter, including new investments in Emergent Software, LJ Welding Automation, & Strategic Maintenance Solutions.
  • Subsequent to the quarter, the company realized a loss on the full repayment of Exigo, LLC, recording a realized loss of $5.6 million.
  • A conference call to discuss these results is scheduled for November 10, 2026, at 10:00 AM Central Time, led by CEO Robert T. Ladd & CFO W. Todd Huskinson.
Company
Stellus Capital Investment Corporation
Keywords
Stellus Capital Investment Corporation