GECC BDC — Great Elm Capital Corp

Great Elm Capital Corp (GECC)

Updated October 9, 2026.

GECC is a BDC. its distribution rate is 23.40%, its trailing-12-month yield is 23.40%. Dividend Vision Distribution Safety Score™ is 26/100 (Elevated risk). Total return is -92.2% over the past 16.1 years, 948.0 points behind SPY at 855.8%.

At the current 23.40% distribution rate, a $10,000 investment would generate approximately $2,340 per year, or about $585.00 per quarter if the next payment matches the last regular one.

GECC performance versus SPY

Price and return data through 2026-10-09.

Total return is -92.2% over the past 16.1 years, 948.0 points behind SPY at 855.8%. Over the past year its total return — price change plus distributions reinvested — is -18.9%. Its deepest 1-year drawdown was 34.4%.

GECC key facts

Distribution Safety Score™

26 · Elevated risk

Safety-Adjusted Yield

6.08%

Issuer

Great Elm Capital

Asset type

BDC

Asset class

Fixed Income

Distribution rate

23.40%

Distribution frequency

Quarterly

Trailing yield

23.40%

5-year average yield

16.42

Last close

$5.00 (as of 2026-10-09)

Market cap

$69,448,750

Average volume

38306.0

Dividend

$0.25

Ex-dividend date

09/15/2026

Payment date

09/30/2026

Beta

0.868

Payout ratio

88.9%

Forward P/E

6.1843

EPS

$-3.10

How Dividend Vision calculates yield and returns

Distribution rate (23.40%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (23.40%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Great Elm Capital or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GECC risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 34.4%.

Who may consider GECC — and who may not

It is a weaker fit for investors who need monthly cash flow (GECC pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Great Elm Capital.