GLAD · Business Development Company
Gladstone Investment Corporation
Private credit portfolio and Schedule of Investments data from SEC EDGAR filings.
125
Portfolio Holdings
$907M
Total Fair Value
Filing Information
Top Portfolio Holdings
| Company | Sector | Investment | Coupon | Maturity | Cost | Fair Value |
|---|---|---|---|---|---|---|
| Edge Adhesives Holdings, Inc.(S) – Term Debt (S + 5.5%, 9.6% Cash, Due 8/2026)(E)(P) | $6,140 | $513 | ||||
| HH-Inspire Acquisition, Inc. – Line of Credit, $0 available (S + 10.0%, 12.1% Cash, 2.0% PIK, Due 4/2028)(C) | $1,861 | $1,739 | ||||
| HH-Inspire Acquisition, Inc. – Term Debt (S + 10.0%, 12.1% Cash, 2.0% PIK, Due 4/2028)(C) | $19,805 | $18,580 | ||||
| Altior Healthcare, LLC – Term Debt (S + 6.5%, 10.6% Cash, Due 5/2030)(C) | ALS Education, LLC – Delayed Draw Term Loan, $6,000 available (S + 6.0%, 10.1% Cash, Due 12/2028)(C) | $46,000 | $46,920 | |||
| Freedom Dental Management, Inc. – Term Debt (S + 7.3%, 11.4% Cash, Due 6/2030)(C) | ALS Education, LLC – Delayed Draw Term Loan, $6,000 available (S + 6.0%, 10.1% Cash, Due 12/2028)(C) | $15,000 | $15,300 | |||
| Giving Home Health Care, LLC – Term Debt (S + 6.3%, 10.4% Cash, Due 4/2029)(C) | ALS Education, LLC – Delayed Draw Term Loan, $6,000 available (S + 6.0%, 10.1% Cash, Due 12/2028)(C) | $34,859 | $35,252 | |||
| ALS Education, LLC – Term Debt (S + 6.0%, 10.1% Cash, Due 12/2028)(C) | ALS Education, LLC – Line of Credit, $3,000 available (S + 6.0%, 10.1% Cash, Due 12/2028)(C) | $30,310 | $30,360 | |||
| ALS Education, LLC – Term Debt (S + 6.8%, 11.6% Cash, Due 12/2028)(C) | ALS Education, LLC – Line of Credit, $3,000 available (S + 6.8%, 11.6% Cash, Due 12/2028)(C) | $31,680 | $31,997 | |||
| HH-Inspire Acquisition, Inc. – Line of Credit, $110 available (S + 8.0%, 12.8% Cash, Due 4/2028)(C)(H) | ALS Education, LLC – Line of Credit, $3,000 available (S + 6.8%, 11.6% Cash, Due 12/2028)(C) | $1,727 | $1,677 | |||
| HH-Inspire Acquisition, Inc. – Term Debt (S + 8.0%, 12.8% Cash, Due 4/2028)(C)(H) | ALS Education, LLC – Line of Credit, $3,000 available (S + 6.8%, 11.6% Cash, Due 12/2028)(C) | $15,852 | $15,399 | |||
| Technical Resource Management, LLC – Line of Credit, $1,000 available (S + 8.0%, 12.8% Cash, Due 4/2028)(C) | ALS Education, LLC – Line of Credit, $3,000 available (S + 6.8%, 11.6% Cash, Due 12/2028)(C) | $2,000 | $2,008 | |||
| Technical Resource Management, LLC – Term Debt (S + 8.0%, 12.8% Cash, 2.5% PIK, Due 4/2028)(C) | ALS Education, LLC – Line of Credit, $3,000 available (S + 6.8%, 11.6% Cash, Due 12/2028)(C) | $23,158 | $23,327 | |||
| Ohio Armor Holdings, LLC – Common Equity(E)(G) | Aerospace and Defense – 0.2% | $1,000 | $1,184 | |||
| Antenna Research Associates, Inc. – Common Equity Units(E)(G)(U) | Aerospace and Defense – 12.8% | $4,283 | $59,423 | |||
| Antenna Research Associates, Inc. – Term Debt (S + 10.0%, 14.8% Cash, 4.0% PIK, Due 11/2026)(E)(U) | Aerospace and Defense – 19.7% | $31,267 | $31,267 | |||
| Ohio Armor Holdings, LLC – Term Debt (S + 8.0%, 12.8% Cash, Due 2/2026)(C) | Aerospace and Defense – 19.7% | $16,563 | $16,563 | |||
| SpaceCo Holdings, LLC – Line of Credit, $0 available (S + 6.4%, 11.0% Cash, Due 12/2025)(C)(H) | Aerospace and Defense – 19.7% | $2,000 | $2,000 | |||
| SpaceCo Holdings, LLC – Term Debt (S + 6.4%, 11.0% Cash, Due 12/2025)(C)(H) | Aerospace and Defense – 19.7% | $42,376 | $42,757 | |||
| Sea Link International IRB, Inc. – Preferred Stock(E)(G) | Automobile – 0.1% | $98 | $261 | |||
| Sea Link International IRB, Inc.– Common Equity Units(E)(G) | Automobile – 0.1% | $823 | $277 | |||
| Defiance Integrated Technologies, Inc. – Common Stock(E)(G) | Automobile – 0.6% | $581 | $2,949 | |||
| Defiance Integrated Technologies, Inc. – Term Debt (S + 9.6%, 13.7% Cash, Due 1/2027)(E) | Automobile – 1.8% | $8,792 | $8,792 | |||
| Defiance Integrated Technologies, Inc. – Term Debt (S + 9.6%, 14.4% Cash, Due 1/2027)(E) | Automobile – 1.8% | $8,547 | $8,547 | |||
| Sea Link International IRB, Inc. – Term Debt (11.3% Cash, 2.0% PIK, Due 12/2025)(C)(F) | Automobile – 3.4% | $12,314 | $12,331 | |||
| Sea Link International IRB, Inc. – Term Debt (12.0% Cash, 2.0% PIK, Due 12/2025)(C)(F) | Automobile – 3.4% | $4,079 | $4,079 |
About Gladstone Investment Corporation
Gladstone Investment Corporation (GLAD) is a publicly traded Business Development Company (BDC) — essentially a publicly listed fund that lends money to mid-sized private companies. In plain English: BDCs raise money from public investors and lend it to businesses that are too small for Wall Street banks. By law, they must pay out at least 90% of their profits as dividends, which is why BDC yields are often 8–12%. Gladstone Investment Corporation discloses its full loan portfolio through SEC filings.