Gladstone Capital · filed 2026-02-04
Total Fair Value
$890.90M
114 holdings
Unrealized P/L
-$17.49M
-1.93% vs cost
W. Avg Spread
+7.61%
debt, FV-weighted
W. Avg Coupon
—
debt, FV-weighted
% First Lien
0.0%
by fair value
Non-Accrual
0
text-detected
Investment Type Allocation
Fair value by type
Industry Concentration
Top 10 industries by fair value
$891M
Total Fair Value
- Healthcare, Education, and Childcare – 46.6%24.9%
- Diversified/Conglomerate Manufacturing – 25.3%13.6%
- Diversified/Conglomerate Service – 23.0%12.3%
- Cargo Transportation – 10.5%5.6%
- Diversified/Conglomerate Manufacturing – 7.8%3.9%
- Beverage, Food, and Tobacco – 7.2%3.9%
- Home and Office Furnishings, Housewares and Durable Consumer Products – 6.3%3.4%
- Healthcare, Education, and Childcare – 5.4%2.9%
- Diversified/Conglomerate Manufacturing – 5.0%2.7%
- Healthcare, Education, and Childcare – 4.8%2.6%
- Other industries24.2%
Spread Distribution
Floating-rate debt holdings by 50bp spread bucket
All holdings
Sortable, click headers to re-sort
114 of 114
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
RPM Freight Systems, LLC | Cargo Transportation – 10.5% | Term Debt | $50.00M | $49.41M | $591.0K | — | +7.70% | — |
Altior Healthcare, LLC | Healthcare, Education, and Childcare – 46.6% | Term Debt | $46.72M | $46.00M | $724.0K | — | +6.50% | — |
Vet's Choice Radiology LLC | Healthcare, Education, and Childcare – 46.6% | Term Debt | $43.60M | $42.75M | $855.0K | — | +8.00% | — |
Giving Home Health Care, LLC | Healthcare, Education, and Childcare – 46.6% | Term Debt | $33.84M | $33.82M | $22.0K | — | +6.30% | — |
Turn Key Health Clinics, LLC | Healthcare, Education, and Childcare – 46.6% | Term Debt | $32.50M | $32.50M | $0.00 | — | +6.80% | — |
OCI, LLC | Diversified/Conglomerate Manufacturing – 25.3% | Term Debt | $32.00M | $32.00M | $0.00 | — | +7.50% | — |
ALS Education, LLC | Healthcare, Education, and Childcare – 46.6% | Term Debt | $30.28M | $30.31M | -$35.0K | — | +6.00% | — |
Springfield, Inc. | Diversified/Conglomerate Manufacturing – 7.8% | Term Debt | $30.00M | $29.70M | $296.0K | — | +11.10% | — |
Foodservices Brand Group, LLC | Home and Office Furnishings, Housewares and Durable Consumer Products – 6.3% | Term Debt | $29.93M | $30.00M | -$72.0K | — | +6.50% | — |
NeoGraf Solutions LLC | Diversified/Conglomerate Manufacturing – 25.3% | Term Debt | $27.40M | $27.40M | $0.00 | — | +7.00% | — |
MASSiv Brands, LLC | Diversified/Conglomerate Service – 23.0% | Term Debt | $25.63M | $25.64M | -$7.0K | — | — | — |
Sicilian Oven Restaurants LLC | Beverage, Food, and Tobacco – 7.2% | Term Debt | $23.89M | $23.89M | $0.00 | — | +6.70% | — |
Pan-Am Dental, LLC | Healthcare, Education, and Childcare – 4.8% | Term Debt | $23.12M | $23.00M | $123.0K | — | — | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 5.4% | Term Debt | $21.75M | $24.39M | -$2.64M | — | +10.50% | — |
Snif-Snax, LLC | Personal, Food, and Miscellaneous Services – 4.4% | Term Debt | $20.84M | $20.96M | -$119.0K | — | +6.70% | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 46.6% | Term Debt | $18.42M | $19.84M | -$1.43M | — | +8.00% | — |
Viron International Corp. | Diversified/Conglomerate Manufacturing – 25.3% | Term Debt | $18.35M | $18.38M | -$29.0K | — | +7.00% | — |
Engineering Manufacturing Technologies, LLC | Diversified/Conglomerate Manufacturing – 5.0% | Term Debt | $18.13M | $23.42M | -$5.29M | — | +8.30% | — |
Dutch Gold Honey, Inc. | Beverage, Food, and Tobacco – 3.8% | Term Debt | $18.04M | $18.00M | $41.0K | — | +7.50% | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 23.0% | Term Debt | $17.66M | $17.63M | $29.0K | — | +6.30% | — |
Axios Industrial Group, LLC | Diversified/Conglomerate Service – 23.0% | Term Debt #1 | $17.50M | $17.50M | $0.00 | — | +13.60% | — |
Total Access Elevator, LLC | Diversified/Conglomerate Service – 23.0% | Term Debt | $17.50M | $17.50M | $0.00 | — | +6.30% | — |
Arc Drilling Holdings LLC | Machinery – 3.7% | Term Debt | $16.06M | $15.90M | $159.0K | — | +7.00% | — |
Freedom Dental Management, Inc. | Healthcare, Education, and Childcare – 46.6% | Term Debt | $15.15M | $15.00M | $150.0K | — | +9.50% | — |
Eegee Acquisition Corp. | Beverage, Food, and Tobacco – 3.0% | Line of Credit | $14.50M | $14.50M | $0.00 | — | +7.00% | — |
Imperative Holdings Corporation | Oil and Gas – 3.0% | Term Debt | $14.27M | $14.20M | $65.0K | — | +9.80% | — |
Unirac Holdings, Inc. | Diversified/Conglomerate Manufacturing – 25.3% | Term Debt | $14.14M | $13.94M | $194.0K | — | +6.50% | — |
Viva Railings, LLC | Diversified/Conglomerate Manufacturing – 25.3% | Term Debt | $13.66M | $13.66M | $0.00 | — | +6.40% | — |
Quality Environmental Midco, Inc. | Diversified/Conglomerate Service – 23.0% | Term Debt | $13.16M | $13.03M | $130.0K | — | — | — |
RF Technologies, LLC | Diversified/Conglomerate Service – 23.0% | Term Debt | $12.67M | $12.60M | $74.0K | — | +6.70% | — |
Torrent Photonics Holdco LLC | Diversified/Conglomerate Manufacturing – 25.3% | Term Debt #1 | $12.32M | $12.20M | $122.0K | — | +9.50% | — |
Zero Case Holding Inc. | Diversified/Conglomerate Manufacturing – 2.6% | Term Debt | $11.94M | $12.00M | -$59.0K | — | +6.40% | — |
Wings ‘N More Restaurants LLC | Beverage, Food, and Tobacco – 7.2% | Term Debt | $10.61M | $10.50M | $105.0K | — | +7.30% | — |
Alsay Incorporated | Diversified/Conglomerate Service – 2.1% | Term Debt | $10.00M | $10.00M | $0.00 | — | — | — |
Flexible Technology Solutions, LLC | Diversified/Conglomerate Service – 1.9% | Term Debt | $9.00M | $9.00M | $0.00 | — | — | — |
Defiance Integrated Technologies, Inc. | Automobile– 1.8% | Term Debt | $8.79M | $8.79M | $0.00 | — | +9.60% | — |
Arc Drilling Holdings LLC | Machinery – 1.8% | Common Stock | $8.61M | $5.33M | $3.27M | — | — | — |
Pan-Am Dental, LLC | Healthcare, Education, and Childcare – 1.9% | Preferred Stock | $6.56M | $5.91M | $653.0K | — | — | — |
Giving Home Health Care, LLC | Healthcare, Education, and Childcare – 1.7% | Common Stock | $5.91M | — | — | — | — | — |
Encore Dredging Holdings, LLC | Diversified/Conglomerate Service – 1.2% | Preferred Stock | $5.81M | $3.84M | $1.97M | — | — | — |
Alsay Incorporated | Diversified/Conglomerate Service – 1.1% | Preferred Stock | $5.47M | $5.00M | $470.0K | — | — | — |
TNCP Intermediate HoldCo, LLC | Printing and Publishing – 1.1% | Common Equity Units | $5.37M | $500.0K | $4.87M | — | — | — |
Gladstone Alternative Income Fund | Finance – 1.1% | Common Stock | $5.08M | $5.00M | $75.0K | — | — | — |
Tube Bending Technology, LLC | Diversified/Conglomerate Manufacturing – 7.8% | Term Debt | $4.97M | $5.00M | -$28.0K | — | — | — |
Lonestar EMS, LLC | Diversified/Conglomerate Manufacturing – 5.0% | Term Debt | $4.45M | $4.41M | $41.0K | — | — | — |
Dutch Gold Honey, Inc. | Beverage, Food, and Tobacco – 1.2% | Common Stock | $3.71M | $900.0K | $2.81M | — | — | — |
Canopy Safety Brands, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.7% | Common Stock | $3.44M | $800.0K | $2.63M | — | — | — |
Quality Environmental Midco, Inc. | Diversified/Conglomerate Service – 1.1% | Preferred Equity | $2.83M | $3.00M | -$173.0K | — | — | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 5.4% | Line of Credit #1 | $2.77M | $3.11M | -$337.0K | — | +10.50% | — |
Axios Industrial Group, LLC | Diversified/Conglomerate Service – 23.0% | Term Debt #2 | $2.73M | $2.73M | $0.00 | — | — | — |
B+T Group Acquisition, Inc. | Telecommunications – 0.7% | Term Debt | $2.73M | $6.00M | -$3.27M | — | +2.00% | — |
Sicilian Oven Restaurants LLC | Beverage, Food, and Tobacco – 0.6% | Preferred Stock | $2.69M | $2.69M | $0.00 | — | — | — |
Imperative Holdings Corporation | Oil and Gas – 0.5% | Preferred Equity Units | $2.46M | $488.0K | $1.97M | — | — | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 1.9% | Preferred Stock | $2.43M | $2.60M | -$175.0K | — | — | — |
Torrent Photonics Holdco LLC | Diversified/Conglomerate Manufacturing – 0.5% | Preferred Stock | $2.42M | $2.65M | -$232.0K | — | — | — |
Flexible Technology Solutions, LLC | Diversified/Conglomerate Service – 1.1% | Preferred Stock | $2.25M | $2.25M | $0.00 | — | — | — |
GSM MidCo LLC | Healthcare, Education, and Childcare – 1.7% | Common Stock | $2.19M | $767.0K | $1.42M | — | — | — |
Eegee Acquisition Corp. | Beverage, Food, and Tobacco – 0.5% | Common Stock | $2.17M | $8.50M | -$6.33M | — | — | — |
Lonestar EMS, LLC | Diversified/Conglomerate Manufacturing – 0.5% | Common Units | $2.16M | $6.75M | -$4.59M | — | — | — |
Triple H Food Processors, LLC | Beverage, Food, and Tobacco – 1.2% | Common Stock | $1.93M | $250.0K | $1.68M | — | — | — |
Snif-Snax, LLC | Personal, Food, and Miscellaneous Services – 0.4% | Preferred Stock | $1.91M | $1.50M | $409.0K | — | — | — |
Arc Drilling Holdings LLC | Machinery – 3.7% | Line of Credit | $1.80M | $1.80M | $0.00 | — | +7.00% | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 46.6% | Line of Credit | $1.73M | $1.87M | -$142.0K | — | +8.00% | — |
Total Access Elevator, LLC | Diversified/Conglomerate Service – 23.0% | Delayed Draw Term Loan #1 | $1.60M | $1.60M | $0.00 | — | +6.30% | — |
Engineering Manufacturing Technologies, LLC | Diversified/Conglomerate Manufacturing – 5.0% | Line of Credit | $1.51M | $1.95M | -$440.0K | — | +8.30% | — |
Zero Case Holding Inc. | Diversified/Conglomerate Manufacturing – 0.3% | Common Stock | $1.38M | $1.00M | $382.0K | — | — | — |
Total Access Elevator, LLC | Diversified/Conglomerate Service – 0.4% | Common Stock | $1.37M | $750.0K | $620.0K | — | — | — |
GFRC 360, LLC | Buildings and Real Estate – 0.5% | Line of Credit | $1.35M | $1.35M | $0.00 | — | +8.00% | — |
NeoGraf Solutions LLC | Diversified/Conglomerate Manufacturing – 0.5% | Common Stock | $1.19M | $2.00M | -$808.0K | — | — | — |
OCI, LLC | Diversified/Conglomerate Manufacturing – 0.5% | Common Units | $1.12M | $1.11M | $13.0K | — | — | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 23.0% | Line of Credit | $1.10M | $1.10M | $0.00 | — | +6.30% | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 5.4% | Line of Credit #2 | $1.09M | $1.23M | -$133.0K | — | +10.50% | — |
Unirac Holdings, Inc. | Diversified/Conglomerate Manufacturing – 25.3% | Delayed Draw Term Loan | $1.05M | $1.05M | $0.00 | — | +6.50% | — |
GFRC 360, LLC | Buildings and Real Estate – 0.5% | Term Debt | $1.00M | $1.00M | $0.00 | — | +8.00% | — |
NeoGraf Solutions LLC | Diversified/Conglomerate Manufacturing – 25.3% | Line of Credit | $1.00M | $1.00M | $0.00 | — | +7.00% | — |
Ohio Armor Holdings, LLC | Aerospace and Defense – 0.2% | Common Equity | $1.00M | $1.00M | $0.00 | — | — | — |
Canopy Safety Brands, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.2% | Preferred Stock | $926.0K | $500.0K | $426.0K | — | — | — |
B+T Group Acquisition, Inc. | Telecommunications – 0.7% | Line of Credit #1 | $600.0K | $1.32M | -$720.0K | — | +2.00% | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 0.4% | Common Stock | $539.0K | $532.0K | $7.0K | — | — | — |
GFRC 360, LLC | Buildings and Real Estate – 0.1% | Preferred Stock | $531.0K | $1.02M | -$494.0K | — | — | — |
Torrent Photonics Holdco LLC | Diversified/Conglomerate Manufacturing – 25.3% | Term Debt #2 | $505.0K | $500.0K | $5.0K | — | +9.50% | — |
Torrent Photonics Holdco LLC | Diversified/Conglomerate Manufacturing – 25.3% | Term Debt #3 | $500.0K | $500.0K | $0.00 | — | — | — |
Edge Adhesives Holdings, Inc. | Diversified/Conglomerate Manufacturing – 0.0% | Term Debt | $468.0K | $6.14M | -$5.67M | — | — | — |
Sea Link International IRB, Inc. | Automobile – 0.1% | Preferred Stock | $271.0K | $98.0K | $173.0K | — | — | — |
Triple H Food Processors, LLC | Beverage, Food, and Tobacco – 0.6% | Preferred Stock | $206.0K | $75.0K | $131.0K | — | — | — |
B+T Group Acquisition, Inc. | Telecommunications – 0.7% | Line of Credit #2 | $205.0K | $450.0K | -$245.0K | — | +2.00% | — |
Sea Link International IRB, Inc. | Automobile – 0.0% | Common Equity Units | $201.0K | $823.0K | -$622.0K | — | — | — |
Salt & Straw, LLC | Beverage, Food, and Tobacco – 1.2% | Common Warrant | $186.0K | — | — | — | — | — |
Total Safety Holdings, LLC | Oil and Gas – 0.0% | Common Equity | $22.0K | $499.0K | -$477.0K | — | — | — |
Frontier Financial Group Inc. | Diversified/Conglomerate Service – 0.0% | Convertible Debt | $16.0K | $198.0K | -$182.0K | — | — | — |
ALS Education, LLC | Healthcare, Education, and Childcare – 46.6% | Line of Credit | — | — | — | — | +6.00% | — |
ALS Education, LLC | Healthcare, Education, and Childcare – 46.6% | Delayed Draw Term Loan | — | — | — | — | +6.00% | — |
B+T Group Acquisition, Inc | Telecommunications – 0.0% | Preferred Stock | — | $2.02M | — | — | — | — |
Defiance Integrated Technologies, Inc. | Automobile– 0.0% | Common Stock | — | $581.0K | — | — | — | — |
Edge Adhesives Holdings, Inc. | Diversified/Conglomerate Manufacturing – 0.0% | Preferred Stock | — | $5.47M | — | — | — | — |
Edge Adhesives Holdings, Inc.(L) | — | Term Debt | — | — | — | — | +5.50% | — |
Engineering Manufacturing Technologies, LLC | Diversified/Conglomerate Manufacturing – 0.5% | Common Stock | — | $3.00M | — | — | — | — |
FES Resources Holdings LLC | Oil and Gas – 0.0% | Term Debt | — | $213.0K | — | — | — | — |
First Citizens Premium Money Market Savings | CASH EQUIVALENTS - 0.3% | Common Equity | — | — | — | 3.25% | — | — |
Foodservices Brand Group, LLC | Home and Office Furnishings, Housewares and Durable Consumer Products – 6.3% | Line of Credit | — | — | — | — | +6.50% | — |
Frontier Financial Group Inc. | Diversified/Conglomerate Service – 1.1% | Preferred Stock | — | $500.0K | — | — | — | — |
RF Technologies, LLC | Diversified/Conglomerate Service – 23.0% | Line of Credit | — | — | — | — | +6.70% | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 0.0% | Common Stock | — | $2.00M | — | — | — | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 0.0% | Common Warrants | — | — | — | — | — | — |
Total Access Elevator, LLC | Diversified/Conglomerate Service – 23.0% | Line of Credit | — | — | — | — | +6.30% | — |
Total Access Elevator, LLC | Diversified/Conglomerate Service – 23.0% | Delayed Draw Term Loan #2 | — | — | — | — | +6.30% | — |
Turn Key Health Clinics, LLC | Healthcare, Education, and Childcare – 46.6% | Line of Credit | — | — | — | — | +6.80% | — |
Unirac Holdings, Inc. | Diversified/Conglomerate Manufacturing – 25.3% | Line of Credit | — | — | — | — | +6.50% | — |
Viron International Corp. | Diversified/Conglomerate Manufacturing – 0.5% | Common Stock | — | $15.0K | — | — | — | — |
Viva Railings, LLC | Diversified/Conglomerate Manufacturing – 25.3% | Line of Credit | — | — | — | — | +6.40% | — |
WB Xcel Holdings, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.0% | Preferred Stock | — | $2.75M | — | — | — | — |
Wings ‘N More Restaurants LLC | Beverage, Food, and Tobacco – 7.2% | Line of Credit | — | — | — | — | +7.30% | — |
Wings ‘N More Restaurants LLC | Beverage, Food, and Tobacco – 7.2% | Delayed Draw Term Loan | — | — | — | — | +7.30% | — |
Zero Case Holding Inc. | Diversified/Conglomerate Manufacturing – 2.6% | Line of Credit | — | — | — | — | +6.40% | — |