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Recent Updates — GAING

August 6, 2026View Source ↗

Gladstone Investment Corporation reported first-quarter fiscal 2026 results ending June 30, 2026. Net investment income was $15.9 million ($0.40 per share), a reversal from the prior quarter's loss, driven by lower incentive fee accruals and higher investment income. Net asset value declined 3.2% to $16.24 per share due to unrealized depreciation of $18.8 million and realized losses. The company repaid its $127.9 million in 5.00% Notes due 2026 at maturity and amended its credit facility, increasing the commitment to $405.0 million with a June 2031 maturity. In July 2026, the Board declared monthly distributions of $0.08 per share for July, August, and September. The company also invested $56.5 million in DHE Computer Systems and entered an agreement to acquire Extrude Hone LLC. Gladstone Investment Corporation is a publicly traded business development company that makes secured debt and equity investments in lower middle market businesses.