Gladstone Investment · filed 2023-08-02
Total Fair Value
$740.30M
60 holdings
Unrealized P/L
+$43.01M
+6.17% vs cost
W. Avg Spread
+9.22%
debt, FV-weighted
W. Avg Coupon
14.23%
debt, FV-weighted
% First Lien
5.8%
by fair value
Non-Accrual
0
text-detected
Investment Type Allocation
Fair value by type
Industry Concentration
Top 10 industries by fair value
$740M
Total Fair Value
- Diversified/Conglomerate Services – 25.3%14.9%
- Diversified/Conglomerate Services – 17.7%10.4%
- Diversified/Conglomerate Services – 11.3%6.6%
- Home and Office Furnishings, Housewares, and Durable Consumer Products – 9.9%5.8%
- Hotels, Motels, Inns, and Gaming – 9.7%5.7%
- Home and Office Furnishings, Housewares, and Durable Consumer Products – 8.4%4.9%
- Home and Office Furnishings, Housewares, and Durable Consumer Products – 8.2%4.8%
- Home and Office Furnishings, Housewares, and Durable Consumer Products – 7.3%4.3%
- Leisure, Amusement, Motion Pictures, and Entertainment – 6.4%3.8%
- Diversified/Conglomerate Services – 6.3%3.7%
- Other industries34.9%
Spread Distribution
Floating-rate debt holdings by 50bp spread bucket
All holdings
Sortable, click headers to re-sort
60 of 60
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
Horizon Facilities Services, Inc. | Diversified/Conglomerate Services – 25.3% | Term Debt | $57.70M | $57.70M | $0.00 | 12.60% | +7.50% | — |
Old World Christmas | Home and Office Furnishings, Housewares, and Durable Consumer Products – 9.9% | Inc. – Secured First Lien Term Loan | $43.00M | $43.00M | $0.00 | 14.60% | +9.50% | — |
Nocturne Luxury Villas, Inc. | Hotels, Motels, Inns, and Gaming – 9.7% | Term Debt | $42.45M | $42.45M | $0.00 | 14.50% | +10.50% | — |
Brunswick Bowling Products, Inc. | Home and Office Furnishings, Housewares, and Durable Consumer Products – 8.4% | Preferred Stock | $36.57M | $6.65M | $29.91M | — | — | — |
Old World Christmas, Inc. | Home and Office Furnishings, Housewares, and Durable Consumer Products – 7.3% | Preferred Stock | $31.82M | — | — | — | — | — |
Counsel Press, Inc. | Diversified/Conglomerate Services – 11.3% | Preferred Stock | $28.89M | $7.00M | $21.90M | — | — | — |
The Maids International, LLC | Diversified/Conglomerate Services – 17.7% | Term Debt | $28.56M | $28.56M | $0.00 | 15.60% | +10.50% | — |
Schylling, Inc. | Leisure, Amusement, Motion Pictures, and Entertainment – 6.4% | Term Debt | $27.98M | $27.98M | $0.00 | 16.10% | +11.00% | — |
Nth Degree Investment Group, LLC | Diversified/Conglomerate Services – 6.3% | Common Stock | $27.29M | $6.22M | $21.07M | — | — | — |
PSI Molded Plastics, Inc. | Chemicals, Plastics, and Rubber – 5.8% | Term Debt | $25.45M | $26.62M | -$1.16M | 10.60% | +5.50% | — |
Mason West, LLC | Diversified/Conglomerate Services – 25.3% | Term Debt | $25.25M | $25.25M | $0.00 | 15.10% | +10.00% | — |
Nth Degree, Inc. | Diversified/Conglomerate Services Total – 5.7% | Term Debt | $25.00M | $25.00M | $0.00 | 13.60% | +8.50% | — |
ImageWorks Display and Marketing Group, Inc. | Diversified/Conglomerate Services – 17.7% | Term Debt | $22.00M | $22.00M | $0.00 | 16.10% | +11.00% | — |
Dema/Mai Holdings, Inc | Buildings and Real Estate – 4.9% | Preferred Equity | $21.57M | $21.00M | $572.0K | — | — | — |
Counsel Press, Inc. | Diversified/Conglomerate Services – 25.3% | Term Debt #1 | $21.10M | $21.10M | $0.00 | 16.90% | +11.80% | — |
Educators Resource, Inc. | Healthcare, Education, and Childcare – 4.6% | Term Debt | $20.00M | $20.00M | $0.00 | 15.60% | +10.50% | — |
Galaxy Technologies Holdings, Inc. | Aerospace and Defense – 5.9% | Term Debt #2 | $18.80M | $18.80M | $0.00 | 12.10% | +7.00% | — |
Nocturne Luxury Villas, Inc. | Hotels, Motels, Inns, and Gaming – 4.3% | Preferred Stock | $18.73M | $6.60M | $12.13M | — | — | — |
Educators Resource, Inc. | Healthcare, Education, and Childcare – 4.2% | Preferred Stock | $18.46M | $8.56M | $9.90M | — | — | — |
Brunswick Bowling Products, Inc. | Home and Office Furnishings, Housewares, and Durable Consumer Products – 8.2% | Term Debt #1 | $17.70M | $17.70M | $0.00 | 15.10% | +10.00% | — |
B+T Group Acquisition, Inc.(L) | Telecommunications – 3.8% | Term Debt #2 | $14.00M | $14.00M | $0.00 | 16.10% | +11.00% | — |
J.R. Hobbs Co. - Atlanta, LLC | Diversified/Conglomerate Services – 17.7% | Term Debt #2 | $13.94M | $26.00M | -$12.06M | 15.40% | +10.30% | — |
Mason West, LLC | Diversified/Conglomerate Services – 11.3% | Preferred Stock | $13.88M | $11.21M | $2.68M | — | — | — |
Diligent Delivery Systems | Cargo Transport – 3.0% | Term Debt | $13.00M | $13.00M | $0.00 | 14.10% | +9.00% | — |
SFEG Holdings, Inc. | Machinery (Non-Agriculture, Non-Construction, and Non-Electronic) – 3.6% | Term Debt #2 | $12.52M | $12.52M | $0.00 | 12.10% | +7.00% | — |
Home Concepts Acquisition, Inc. | Printing and Publishing Total – 2.7% | Term Debt | $12.00M | $12.00M | $0.00 | 14.10% | +9.00% | — |
Schylling, Inc. | Leisure, Amusement, Motion Pictures, and Entertainment – 2.7% | Preferred Stock | $11.97M | $4.00M | $7.97M | — | — | — |
Ginsey Home Solutions, Inc. | Home and Office Furnishings, Housewares, and Durable Consumer Products – 8.2% | Term Debt | $11.07M | $12.20M | -$1.13M | 15.10% | +10.00% | — |
J.R. Hobbs Co. - Atlanta, LLC | Diversified/Conglomerate Services – 17.7% | Term Debt #1 | $8.85M | $16.50M | -$7.65M | 11.10% | +6.00% | — |
Utah Pacific Bridge & Steel, Ltd. | Mining, Steel, Iron and Non-Precious Metals – 1.8% | Preferred Stock | $8.03M | $6.00M | $2.03M | — | — | — |
SFEG Holdings, Inc. | Machinery (Non-Agriculture, Non-Construction, and Non-Electronic) – 1.7% | Preferred Stock | $7.43M | $4.64M | $2.79M | — | — | — |
Galaxy Technologies Holdings, Inc. | Aerospace and Defense – 5.9% | Term Debt #1 | $6.90M | $6.90M | $0.00 | 9.20% | +4.10% | — |
Brunswick Bowling Products, Inc. | Home and Office Furnishings, Housewares, and Durable Consumer Products – 8.2% | Term Debt #2 | $6.85M | $6.85M | $0.00 | 15.10% | +10.00% | — |
Horizon Facilities Services, Inc. | Diversified/Conglomerate Services – 11.3% | Preferred Stock | $6.43M | — | — | — | — | — |
Counsel Press, Inc. | Diversified/Conglomerate Services – 25.3% | Term Debt #2 | $6.40M | $6.40M | $0.00 | 18.10% | +13.00% | — |
The Maids International, LLC | Diversified/Conglomerate Services – 1.7% | Preferred Stock | $5.15M | $6.64M | -$1.49M | — | — | — |
Edge Adhesives Holdings, Inc. | Diversified/Conglomerate Manufacturing – 0.9% | Term Debt | $4.13M | $9.21M | -$5.08M | 10.60% | +5.50% | — |
Phoenix Door Systems, Inc. | Diversified/Conglomerate Manufacturing – 1.4% | Term Debt | $3.20M | $3.20M | $0.00 | 16.10% | +11.00% | — |
SFEG Holdings, Inc. | Machinery (Non-Agriculture, Non-Construction, and Non-Electronic) – 3.6% | Term Debt #1 | $3.13M | $3.13M | $0.00 | 12.10% | +7.00% | — |
B+T Group Acquisition, Inc. | Telecommunications – 3.8% | Line of Credit | $2.80M | $2.80M | $0.00 | 16.10% | +11.00% | — |
Phoenix Door Systems, Inc | Diversified/Conglomerate Manufacturing – 1.4% | Line of Credit | $2.75M | $2.75M | $0.00 | 12.10% | +7.00% | — |
J.R. Hobbs Co. - Atlanta, LLC | Diversified/Conglomerate Services – 17.7% | Line of Credit | $2.68M | $5.00M | -$2.32M | 11.10% | +6.00% | — |
ImageWorks Display and Marketing Group, Inc. | Diversified/Conglomerate Services – 1.7% | Preferred Stock | $2.04M | $6.75M | -$4.71M | — | — | — |
Diligent Delivery Systems | Cargo Transport – 0.3% | Common Stock Warrants | $1.49M | $500.0K | $987.0K | — | — | — |
J.R. Hobbs Co. - Atlanta, LLC | Diversified/Conglomerate Services – 17.7% | Term Debt #3 | $1.31M | $2.44M | -$1.13M | 11.10% | +6.00% | — |
Funko Acquisition Holdings, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.0% | Common Units | $31.0K | $21.0K | $10.0K | — | — | — |
B+T Group Acquisition, Inc. | Telecommunications – 0.0% | Preferred Stock | — | $4.72M | — | — | — | — |
Edge Adhesives Holdings, Inc. | Diversified/Conglomerate Manufacturing – 0.0% | Preferred Stock | — | $8.20M | — | — | — | — |
Galaxy Technologies Holdings, Inc. | Aerospace and Defense – 0.0% | Common Stock | — | $11.51M | — | — | — | — |
Ginsey Home Solutions, Inc. | Home and Office Furnishings, Housewares, and Durable Consumer Products – 8.4% | Preferred Stock | — | $9.58M | — | — | — | — |
Ginsey Home Solutions, Inc. | Home and Office Furnishings, Housewares, and Durable Consumer Products – 0.0% | Common Stock | — | $8.0K | — | — | — | — |
Home Concepts Acquisition, Inc. | Printing and Publishing Total – 2.7% | Line of Credit | — | — | — | 11.10% | +6.00% | — |
Nocturne Luxury Villas, Inc. | Hotels, Motels, Inns, and Gaming – 9.7% | Line of Credit | — | — | — | 13.10% | +8.00% | — |
PSI Molded Plastics | Chemicals, Plastics, and Rubber – 0.0% | Inc. – Preferred Stock( | — | $19.73M | — | — | — | — |
Phoenix Door Systems, Inc. | Diversified/Conglomerate Manufacturing– 0.0% | Common Stock | — | $1.83M | — | — | — | — |
SFEG Holdings, Inc. | Machinery (Non-Agriculture, Non-Construction, and Non-Electronic)- 0.0% | Common Stock | — | $222.0K | — | — | — | — |
The Mountain Corporation | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.0% | Line of Credit | — | $4.55M | — | 10.10% | +5.00% | — |
The Mountain Corporation | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.0% | Term Debt | — | $3.20M | — | 9.10% | +4.00% | — |
The Mountain Corporation | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.0% | Preferred Stock | — | $6.90M | — | — | — | — |
The Mountain Corporation | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.0% | Common Stock | — | $1.0K | — | — | — | — |