Investor Presentaiton
Portfolio Characteristics
($ in millions, except data relating to per share amounts and number of
portfolio companies)
As of
June 30,
As of
December 31,
As of
June 30,
As of
December 31,
2022
2021
2022
2021
Investments at fair value
$852.0
$772.9
Number of portfolio company investments
83
73
Total assets
$882.9
$821.3
Number of portfolio company debt investments
70
58
Net assets
$279.9
$285.1
Shares outstanding
19.545.935
19.517.595
Net asset value per share
$14.32
$14.61
Weighted average yield of debt and other income producing
investments (1)
Cash
7.9%
7.4%
Payment-in-kind ("PIK')
0.2%
0.2%
Quarter
Ended
June 30,
2022
Six Months
Fee amortization
0.4%
0.4%
Ended
June 30,
Total
8.5%
8.0%
2022
Weighted average yield on total investments (2)
Cash
New investments
Repayments of investments
Net activity
7.4%
$49.5
$124.1
6.9%
(30.4)
(40.4)
Payment-in-kind ("PIK')
0.2%
0.2%
$19.1
$83.7
Fee amortization
Total
0.4%
0.4%
8.0%
7.5%
STELLUS
CAPITAL
INVESTMENT CORPORATION
(1)
(2)
The dollar-weighted average annualized effective yield is computed using the effective interest rate for our debt and other income producing investments,
including cash, PIK interest, and the accretion of deferred fees. The individual investment yields are then weighted by the respective cost of the investments (as of
the date presented) in calculating the weighted average effective yield of the portfolio. The dollar-weighted average annualized yield on the Company's
investments for a given period will generally be higher than what investors of our common stock would realize in a return over the same period because the dollar-
weighted average annualized yield does not reflect the Company's expense or any sales load that may be paid by investors.
The dollar weighted average yield on total investments takes the same yields as calculated in the footnote above, but weights them to determine the weighted
average effective yield as a percentage of the Company's total investments, including non-income producing loans and equity.
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