Gladstone Investment Corp

GAIN

Market cap $635M

Gladstone Investment Corporation (NASDAQ:GAIN) pays shareholders $0.08 per share every month, an annualized rate of $0.96.

Gladstone Investment (GAIN) pays a strong monthly dividend and trades at a slight discount to NAV, buoyed by recent NAV per share gains. GAIN's concentrated portfolio, with 43% in equity and only 29 holdings, increases risk but has driven strong returns and supplemental payouts. Recent management transition appears low-risk, with seasoned internal executives assuming key leadership roles and continuity in strategy.

MCLEAN, VA / ACCESS Newswire / April 14, 2026 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to common stockholders. The Company also announced its plan to report earnings for its fourth fiscal quarter ended March 31, 2026.

Market volatility reminds investors how much they depend on a single income stream.

Currently, BDCs provide very high-yield opportunities. The fact that additional interest rate cuts are unlikely to happen this year should theoretically support the existing levels. Yet for most BDCs, the damage has already been done.

I see compelling value in floating-rate preferred shares and baby bonds, especially as credit spreads widen and many now trade at discounts to call value. Recent market volatility and higher interest rates have created attractive entry points in select REITs, BDCs, preferred shares, and baby bonds. I've allocated a significant portion of my portfolio to preferred shares and baby bonds in March 2026.

Gladstone Investment maintains sector leadership with robust credit metrics and stable performance despite recent BDC sector declines. GAIN's baby bonds, notably GAINI and GAINZ, offer yields to worst of around 8.4- 7.2%, outpacing sector benchmarks and peer Ares Capital. While non-accrual loans are elevated at 2.7%, GAIN's overall stability and attractive bond yields make its instruments compelling for income-focused investors.

MCLEAN, VA / ACCESS Newswire / March 23, 2026 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") today announced several executive officer appointments in connection with the Company's strategic succession plan. David Gladstone has stepped down as the Company's Chief Executive Officer ("CEO"), effective immediately; however, he will remain as the Company's Chairman of the Board of Directors, a member of the Company's investment committee, and also continue as Chairman, CEO, and President of the Company's affiliated investment adviser, Gladstone Management Corporation.

This high-yield sector is being taken to the woodshed by the Wall Street spreadsheet jockeys this year.

Gladstone Investment has issued a new exchange-traded debt security: 7.125% Notes due 2031. GAIN's asset coverage ratio remains robust, projected between 189% and 201% post-issuance, well above the 150% regulatory minimum. GAING is fairly priced relative to GAIN's existing notes and BDC sector peers.