Great Elm Capital Corp. Announces Second Quarter 2026 Financial ResultsGECC's Investment Adviser Waives Incentive Fees Totaling $0.9 million or $0.06 Per Share for the Quarter Ended June 30, 2026, in Addition to Previously Waiving all $2.8 million, or $0.20 Per Share of Accrued Incentive Fees Through March 31, 2026 Net Investment Income (“NII”) of $0.32 Per Share in 2Q26 NAV of $7.95 Per Share as of June 30, 2026, Growing Approximately 3% Quarter-over-Quarter Approximately $1.9 Million of Net Realized and Unrealized Investment Gains Generated During 2Q26 Strong Liquidity Position with Approximately $6 Million of Cash and Equivalents, $39 Million of Revolving Credit Facility Availability, and Ample Liquid Assets as of June 30, 2026 Extended Revolving Credit Facility Maturity from 2027 to 2029 Called Remaining $18.6 Million of GECCO Notes due June 2026, Leaving No Debt Maturity Until 2029 In July 2026, Called $6.5 Million of GECCI Notes due April 2029, Retiring Highest Cost Debt Board Declares $0.25 Per Share Distribution for 3Q26, Resulting in an Annualized Dividend Yield of 18.9% on GECC's Closing Price as of August 4, 2026 PALM BEACH GARDENS, Fla., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “our,” the “Company” or “GECC”) (NASDAQ: GECC), a business development company, today announced its financial results for the second quarter ended June 30, 2026.
GlobeNewsWire8/5/2026Neutral