Stellus Private Credit BDC Announces Financial Results for Q4 and Year Ended December 31, 2025
Stellus Private Credit BDC reported financial results for its fourth fiscal quarter and full year ended December 31, 2025, with net investment income of $4.17 million or $0.34 per share, according to PR Newswire. Robert T. Ladd, Chief Executive Officer, stated that the company generated this net investment income and maintained a stable net asset value, while funding $41.8 million in new investments and receiving $18.1 million in repayments during the quarter.
Financial Highlights
For the three months ended December 31, 2025, Stellus Private Credit BDC recorded a net realized gain on investments of $1.42 million or $0.11 per share, and net unrealized depreciation of $1.67 million or $0.12 per share. The company’s net increase in net assets resulting from operations was $3.85 million or $0.31 per share, with distributions of $4.47 million or $0.36 per share. For the full year ended December 31, 2025, net investment income totaled $15.10 million or $1.33 per share, and net assets stood at $199.63 million or $15.21 per share as of that date, according to PR Newswire. Weighted average shares outstanding were 12,424,324 for the quarter and 11,316,555 for the year.
Portfolio Activity
As of December 31, 2025, Stellus Private Credit BDC’s investments at fair value reached $400.1 million, with total assets at $404.7 million and net assets at $199.6 million. The company had 74 portfolio company investments and 71 debt investments, reflecting net activity of $23.7 million for the quarter from new investments of $41.8 million and repayments of $18.1 million. The weighted average yield of debt and other income-producing investments was 9.8% as of December 31, 2025, comprising 9.3% cash yield, 0.1% payment-in-kind, and 0.4% fee amortization, according to PR Newswire.
Dividends and Other Metrics
On January 16, 2026, Stellus Private Credit BDC declared its 2026 first quarter monthly dividend of $0.35 per share in the aggregate. Shares outstanding were 13,121,397 as of December 31, 2025, with net asset value per share at $15.21, compared to $15.16 as of December 31, 2024. The weighted average yield on total investments was 9.4% as of December 31, 2025, including 9.0% cash yield, 0.1% payment-in-kind, and 0.3% fee amortization.
