Great Elm Capital Corp. is an externally managed business development company. The Company seeks to generate current income and capital appreciation by investing in debt and income generating equity securities, including investments in specialty finance businesses. It invests in secured and senior secured debt instruments of middle market companies, as well as income-generating equity investments in specialty finance companies. It also makes investments throughout other portions of a company’s capital structure, including subordinated debt, mezzanine debt, and equity or equity-linked securities. The Company's investment advisor is Great Elm Capital Management, Inc. (GECM).
Growing
The company is in a growing phase, with the latest annual income totaling USD 30.42M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 419.14%.
Fairly Valued
The company’s latest PB is 0.92, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 7.16M shares, increasing 15.45% quarter-over-quarter.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.81.