---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037550"
form_type: "8-K"
ticker: "GECC"
cik: "0001675033"
company_name: "Great Elm Capital Corp."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:38:29.786706+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Great Elm Capital Corp. Q2 NII up 19% to $0.44/share, covers dividend; NAV grows to $12.21

## Summary
- Net investment income of $3.4M ($0.44/share), second consecutive quarter covering $0.35 dividend.
- Total investment income $9.0M; only 13% from PIK/accretion, highest cash income quarter.
- NAV per share $12.21, up from $11.88 in Q1; asset coverage ratio 161.5%.
- Deployed $23M in new investments at 14.8% yield; exited Lenders Funding equity/sub notes.
- Q3 dividend of $0.35/share declared, payable Sept 29, 2023 to record Sept 15.

## SEC filing metadata
- accession: 0000950170-23-037550
- form_type: 8-K
- ticker: GECC
- cik: 0001675033
- company_name: Great Elm Capital Corp.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675033/000095017023037550/0000950170-23-037550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675033/000095017023037550/gecc-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037550
- JSON: https://secwatch.observer/filing/0000950170-23-037550.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037550.txt

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