Gladstone Investment Corporation 5.00% Notes Due 2026
GAINN
NASDAQ Global Select25.13
USD
- -
- -
CIK
0001321741
ISIN
US3765468000
CUSIP
376546800
Return %
Stock
S&P500
1Y
1.21
18.99
3Y
6.48
64.75
5Y
-1.57
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Full Time Employees
- 74
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1521 Westbranch Drive, Suite 100 McLean VA United States of America 22102
- IPO Date
- Mar 4, 2021
- CIK
- 0001321741
- Website
- gladstoneinvestment.com
- Similar Companies
- Business
- Gladstone Investment Corporation (Nasdaq: GAIN), founded in 2005 and headquartered in McLean, Virginia, operates as a publicly traded business development company that specializes in providing combined equity and debt financing to mature lower middle-market companies in the United States, primarily in connection with buyouts, recapitalizations, and changes in control; equity investments take the form of preferred or common equity, occasionally including warrants or options, while debt investments consist of senior term loans, senior subordinated loans, and junior subordinated loans, with individual investments typically totaling up to $75 million and the portfolio targeting approximately 75% debt securities and 25% equity securities at cost; the company focuses on established businesses across sectors such as manufacturing, consumer products, and business/consumer services, aiming to generate current income from debt interest payments to support growing monthly distributions to stockholders alongside long-term capital appreciation from equity realizations. Its portfolio includes investments in companies like B+T Group Acquisition, Inc., Dema Services Inc., Diligent Delivery Systems, Educators Steel, and others providing services in business and consumer segments. Gladstone Investment maintains affiliate relationships with Gladstone Capital Corporation, another business development company focused on debt investments in small and medium-sized businesses; Gladstone Commercial Corporation, a real estate investment trust owning net-leased industrial, commercial, and retail properties; Gladstone Land Corporation, a farmland-focused real estate investment trust; and Gladstone Alternative Income Fund, an interval fund investing in private loans and real estate debt. Recent developments include the November 2024 acquisition of Pyrotek Special Effects, Inc. in partnership with its management team, providing equity and senior secured debt to support the transaction; the December 2024 purchase of Nielsen-Kellerman in collaboration with its executive leadership, contributing equity financing and senior secured debt; entry into a definitive agreement in December 2024 with Proteus Enterprises LLC to acquire Ricardo Defense, Inc., with closing anticipated by year-end; and the November 2025 closing of a $60 million principal amount 6.875% unsecured notes offering due 2028, arranged by B. Riley Securities as sole bookrunner, with proceeds used to repay revolving credit facility balances, fund new investments, and support general corporate purposes. The company, externally managed by Gladstone Management Corporation, continues to emphasize patient, long-term capital deployment to enhance portfolio company growth and deliver value to shareholders through dividends and capital gains.
Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Trading Up 0.1% – Here’s What Happened
Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Shares Up 0.1% – What’s Next?