Gladstone Investment Corporation is an externally managed, closed-end,
non-diversified management investment company. The Company's investment
objectives are to achieve and grow current income by investing in debt
securities of established businesses that it believes will provide
stable earnings and cash flow to pay expenses, make principal and
interest payments on its outstanding indebtedness and make distributions
to stockholders that grow over time, and provide its stockholders with
long-term capital appreciation in the value of its assets by investing
in equity securities, generally in combination with the aforementioned
debt securities, of businesses that it believes can grow over time to
permit it to sell its equity investments for capital gains. It has
investments in sectors, such as chemicals, plastics, and rubber, and
home and office furnishings, house wares, and durable consumer products,
among others. Its investment advisor is Gladstone Management
Corporation.
Tuesday, August 17, 2021
New purchase : Gladstone Investment Corporation
New position in portfolio initiated with a purchase of 30 shares of Gladstone Investment Corporation (GAIN).
Labels:
GAIN,
new purchase
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