Investor Presentaiton
Portfolio Characteristics
($ in millions, except data relating to per share amounts and number of
portfolio companies)
As of
March 31, 2023
As of
December 31, 2022
Investments at fair value
$877.5
$844.7
New investments
Total assets
$900.9
Net assets
$280.9
$898.2
$275.8
Repayments of investments
Net activity
Shares outstanding
20,248,383
19,666,769
Net asset value per share
$13.87
$14.02
Number of portfolio company investments
Number of debt investments
Weight average yield of debt and other income producing investments(1)
Cash
Payment-in-kind ("PIK")
Fee amortization
Total
Weighted average yield on total investments(2)
Cash
Fee amortization
Total
Payment-in-kind ("PIK")
Three Months Ended
March 31, 2023
Three Months Ended
March 31, 2022
$41.2
$74.5
(5.9)
(10.0)
$35.3
$64.5
As of
March 31, 2023
88
76
As of
December 31, 2022
85
73
10.6%
10.3%
0.4%
0.4%
0.4%
0.4%
11.4%
11.1%
10.0%
0.4%
0.4%
10.8%
9.7%
0.3%
0.4%
10.4%
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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