Stellus Capital Investment Corp (SCM)

• Market cap: $379M
• 1 day: -1.50%
• 5 days: -5.22%
• 1 month: -11.03%
• 3 months: -0.72%
• 6 months: 1.25%
• Year to date: -0.72%
• 1 year: 5.35%
• 5 years: 147.13%
• 10 years: 12.57%

About: Stellus Capital Investment Corp is a closed-end, non-diversified management investment company. Its objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. It invests in private middle-market companies through a first lien, second lien, and unsecured debt financing, often with a corresponding equity investment. The company invests in various sectors, such as business services, energy, general industrial, government services, healthcare, software, and specialty finance. The business activity of the firm is functioned through the United States and it generates revenue in the form of interest income on debt investments and capital gains and distributions.

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

1,348% more call options, than puts

Call options by funds: $478K | Put options by funds: $33K

63% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 8

7% more funds holding

Funds holding: 56 [Q3] → 60 (+4) [Q4]

6% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 16

1.42% less ownership

Funds ownership: 11.94% [Q3] → 10.52% (-1.42%) [Q4]

9% less capital invested

Capital invested by funds: $43.8M [Q3] → $39.9M (-$3.87M) [Q4]