---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017450"
form_type: "8-K"
ticker: "GECC"
cik: "0001675033"
company_name: "Great Elm Capital Corp."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:18:43.648374+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Great Elm Capital Corp Q1 NII grows 26% to $2.8M; NAV per share recovers to $11.88

## Summary
- Net investment income $2.8M ($0.37/share), up 26% from $2.3M ($0.30) in Q4 2022.
- Net assets $90.3M; NAV per share $11.88, up from $11.16 at Dec 2022.
- Board declared Q2 dividend of $0.35/share, payable June 30, record June 15.
- GEHF closed $50M committed credit line with Encina Lender Finance, plus $50M uncommitted accordion.
- Total investments $226.9M; debt portfolio weighted avg current yield 13.2%; 57.9% floating rate.

## SEC filing metadata
- accession: 0000950170-23-017450
- form_type: 8-K
- ticker: GECC
- cik: 0001675033
- company_name: Great Elm Capital Corp.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675033/000095017023017450/0000950170-23-017450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675033/000095017023017450/gecc-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017450
- JSON: https://secwatch.observer/filing/0000950170-23-017450.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017450.txt

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