Stellus Capital reports Q2 core NII 35c, consensus 35c

Robert Ladd, Chief Executive Officer of Stellus, stated, “I am pleased to report solid operating results for the quarter ended June 30, 2025, in which we earned U.S. GAAP net investment income of $0.34 per share and core net investment income of $0.35 per share. During the quarter, we funded $23 million of investments and received $32 million of repayments, resulting in a total portfolio of $986 million at fair value. We raised an additional $4 million of equity during the quarter under the at-the-market equity program. I’m also pleased to report that our investors have received a total of $306 million in distributions, equivalent to $17.35 per share, since we began operations.”