Stellus Capital Q3 net investment income falls 22% year over year to $7.16 million
SCM•Stellus Capital Investment’s third-quarter net investment income fell 22% year over year to $7.16 million, while investment income dropped 15% to $22.4 million.
1. Quarterly results
Stellus Capital Investment’s third-quarter net investment income fell 22% year over year to $7.16 million, and investment income dropped 15% to $22.4 million. Net assets resulting from operations decreased by $6.37 million, while unrealized investment depreciation more than doubled to $13.5 million. The company repurchased 493,537 shares, adding approximately $0.08 per share to net asset value during the quarter.
