US EditionStellus Private Credit BDC Reports Results for its First Fiscal Quarter Ended March 31, 2025
- Stellus Private Credit BDC announced its financial results for the fiscal quarter ended March 31, 2025, in Houston on May 14, 2025.
- The report followed Stellus PBDC's investment activities and funding arrangements, including its Credit Facility and SPV Facility used to support the portfolio.
- In the quarter, the Company made new investments totaling $37 million, collected $4 million in repayments, and closed with a portfolio valued at $335 million on a fair value basis.
- CEO Robert T. Ladd highlighted that the company achieved net investment income of $3.3 million, equivalent to $0.31 for each common share, while successfully preserving a steady net asset value.
- The results demonstrate consistent operational stability and portfolio expansion, with declared dividends amounting to thirty-six cents per share and no anticipated return of capital.
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Leaning Left1Leaning Right1Center11Last UpdatedBias Distribution85% Center
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- 85% of the sources are Center
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C 85%
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