The investment firm projects net asset value per share between $12.76 and $12.84 for Q2, up from $12.54 in Q1.
Stellus Capital announced preliminary second-quarter net investment income of $0.25 to $0.27 per share. The figure reflects ongoing portfolio performance and investment activity during the period.
Net asset value per share is expected to rise to $12.76 to $12.84 as of June 30, compared with $12.54 at the end of the first quarter. The increase stems from portfolio appreciation and share repurchases.
No immediate market reaction was disclosed in the release.