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Posted by
Two Blokes May 18, 2025 -
Filed in
Stock
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5 views
Great Elm Capital offers a high 14.5% dividend yield and strong Q1 earnings, but persistent NAV declines and inconsistent distributions remain concerns. The portfolio's heavy CLO exposure and below investment grade credit risk make GECC vulnerable in a high interest rate environment. Despite no current non-accruals and diversified holdings, increased leverage and declining cash position raise caution for future stability.
