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Great Elm Capital announces regular monthly distributions

Great Elm Capital Corp.'s board has declared a regular monthly distribution of 8.3 cents per share starting in January 2017.

The distribution for the month of January will be paid Feb. 16, 2017, to shareholders of record as of Jan. 31, 2017, the distribution for February will be payable March 15, 2017, to shareholders of record as of Feb. 28, 2017, and the March distribution is payable April 17, 2017, to shareholders of record as of March 31, 2017.

In addition to the regular distribution, the company announced that an incremental distribution of 16.6 cents per share, representing the estimated net investment income generated from the closing of the company's merger with Full Circle Capital Corp. through year-end 2016, will be paid Jan. 16, 2017, to stockholders of record as of Dec. 30, 2016.