---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-005688"
form_type: "8-K"
ticker: "GECC"
cik: "0001675033"
company_name: "Great Elm Capital Corp."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:30:49.162112+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Great Elm Capital Q4 2022 NII $0.30/share, NAV $11.16, declares $0.35 dividend

## Summary
- NII $2.3M ($0.30/share) more than doubled from Q3 2022 ($0.14) on higher-yielding floating-rate investments.
- Net assets $84.8M ($11.16/share) down from $95.5M ($12.56) in Q3 2022 due to unrealized losses.
- Board declared $0.35/share quarterly dividend for Q1 2023 (12.5% yield on Dec 31 NAV).
- Formed Great Elm Healthcare Finance with Berkadia; closed three healthcare asset-based loans in Dec 2022.
- Deployed $37.6M into 22 investments at 11.8% weighted average yield; monetized $20.4M.

## SEC filing metadata
- accession: 0000950170-23-005688
- form_type: 8-K
- ticker: GECC
- cik: 0001675033
- company_name: Great Elm Capital Corp.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675033/000095017023005688/0000950170-23-005688-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675033/000095017023005688/gecc-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-005688
- JSON: https://secwatch.observer/filing/0000950170-23-005688.json
- Plain text: https://secwatch.observer/filing/0000950170-23-005688.txt

## Key facts
- Earnings Releases
  Great Elm Capital Corp. reported the quarter ended December 31, 2022 results: EPS ($0.96).
  - Period: the quarter ended December 31, 2022
  - EPS: ($0.96)
  - Result: reported results
  source text: Earnings Per Share (“EPS”) ($4.95) ($1.12) ($0.87) $0.18 ($0.96)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675033/000095017023005688/0000950170-23-005688-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
