Gladstone Capital · filed 2024-02-05
Total Fair Value
$739.52M
113 holdings
Unrealized P/L
-$8.84M
-1.18% vs cost
W. Avg Spread
+8.04%
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
$740M
Total Fair Value
- Diversified/Conglomerate Service – 31.3%17.7%
- Healthcare, Education, and Childcare – 29.6%16.7%
- Diversified/Conglomerate Manufacturing – 27.4%15.5%
- Aerospace and Defense – 19.1%10.8%
- Beverage, Food, and Tobacco – 16.2%9.1%
- Diversified/Conglomerate Manufacturing – 8.5%4.8%
- Healthcare, Education, and Childcare – 6.6%3.7%
- Aerospace and Defense – 6.2%3.5%
- Oil and Gas – 4.8%2.7%
- Diversified/Conglomerate Service – 4.0%2.3%
- Other industries13.1%
Spread Distribution
Floating-rate debt holdings by 50bp spread bucket
All holdings
Sortable, click headers to re-sort
113 of 113
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
ALS Education, LLC | Healthcare, Education, and Childcare – 29.6% | Term Debt | $32.56M | $32.56M | $0.00 | — | +7.00% | — |
Antenna Research Associates, Inc. | Aerospace and Defense – 19.1% | Term Debt | $30.33M | $30.33M | $0.00 | — | +10.00% | — |
SpaceCo Holdings, LLC | Aerospace and Defense – 19.1% | Term Debt | $30.07M | $29.79M | $286.0K | — | +7.20% | — |
Springfield, Inc. | Diversified/Conglomerate Manufacturing – 8.5% | Term Debt | $29.33M | $30.00M | -$666.0K | — | +10.10% | — |
Pansophic Learning, Ltd. | Healthcare, Education, and Childcare – 29.6% | Term Debt #1 | $27.92M | $27.97M | -$48.0K | — | +7.50% | — |
Giving Home Health Care, LLC | Healthcare, Education, and Childcare – 6.6% | Term Debt | $27.50M | $28.80M | -$1.30M | — | — | — |
Café Zupas | Beverage, Food, and Tobacco – 16.2% | Term Debt | $26.25M | $26.25M | $0.00 | — | +7.00% | — |
Leadpoint Business Services, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt | $25.50M | $25.50M | $0.00 | — | +8.50% | — |
Antenna Research Associates, Inc. | Aerospace and Defense – 6.2% | Common Equity Units | $25.20M | $4.28M | $20.92M | — | — | — |
NeoGraf Solutions LLC | Diversified/Conglomerate Manufacturing – 27.4% | Term Debt | $25.07M | $27.25M | -$2.17M | — | +7.00% | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 29.6% | Term Debt | $23.59M | $23.00M | $586.0K | — | +8.00% | — |
ENET Holdings, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt | $21.87M | $22.29M | -$422.0K | — | +8.30% | — |
Engineering Manufacturing Technologies, LLC | Diversified/Conglomerate Manufacturing – 27.4% | Term Debt | $21.77M | $21.63M | $142.0K | — | +8.30% | — |
Viva Railings, LLC | Diversified/Conglomerate Manufacturing – 27.4% | Term Debt | $20.63M | $20.53M | $96.0K | — | +7.10% | — |
Imperative Holdings Corporation | Oil and Gas – 4.8% | Term Debt | $20.18M | $20.13M | $46.0K | — | +9.80% | — |
MCG Energy Solutions, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt | $19.77M | $20.14M | -$374.0K | — | +7.60% | — |
OCI, LLC | Diversified/Conglomerate Manufacturing – 27.4% | Term Debt | $18.87M | $18.50M | $370.0K | — | +7.50% | — |
Ohio Armor Holdings, LLC | Aerospace and Defense – 19.1% | Term Debt | $17.44M | $17.44M | -$1.0K | — | +8.00% | — |
Eegee’s LLC | Beverage, Food, and Tobacco – 16.2% | Term Debt | $17.14M | $17.15M | -$1.0K | — | +7.80% | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 29.6% | Term Debt #1 | $16.29M | $15.97M | $320.0K | — | +8.00% | — |
Unirac Holdings, Inc. | Diversified/Conglomerate Manufacturing – 27.4% | Term Debt | $14.96M | $14.52M | $442.0K | — | +6.30% | — |
Gray Matter Systems, LLC | Diversified/Conglomerate Service – 4.0% | Term Debt | $13.99M | $13.65M | $338.0K | — | — | — |
Fix-It Group, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt | $12.32M | $12.20M | $118.0K | — | +8.10% | — |
Sea Link International IRB, Inc. | Automobile – 3.9% | Term Debt #1 | $12.13M | $12.12M | $16.0K | — | — | — |
Salvo Technologies, Inc. | Diversified/Conglomerate Manufacturing – 27.4% | Term Debt | $11.65M | $11.74M | -$90.0K | — | +9.50% | — |
Axios Industrial Group, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt | $11.03M | $11.30M | -$271.0K | — | +9.10% | — |
Turn Key Health Clinics, LLC | Healthcare, Education, and Childcare – 29.6% | Term Debt | $10.93M | $11.00M | -$73.0K | — | +7.30% | — |
Salt & Straw, LLC | Beverage, Food, and Tobacco – 16.2% | Delayed Draw Term Loan | $10.25M | $10.66M | -$411.0K | — | +9.10% | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt #1 | $10.04M | $9.97M | $64.0K | — | +8.30% | — |
Quality Environmental Midco, Inc. | Diversified/Conglomerate Service – 31.3% | Term Debt | $9.00M | $9.00M | $0.00 | — | — | — |
MCG Energy Solutions, LLC | Diversified/Conglomerate Service – 2.8% | Preferred Stock | $8.90M | $7.00M | $1.90M | — | — | — |
Sokol & Company Holdings, LLC | Beverage, Food, and Tobacco – 16.2% | Term Debt | $8.50M | $8.50M | $0.00 | — | +7.00% | — |
Defiance Integrated Technologies, Inc. | Automobile– 1.8% | Term Debt | $7.42M | $7.42M | $0.00 | — | +9.60% | — |
Salt & Straw, LLC | Beverage, Food, and Tobacco – 1.7% | Preferred Equity | $7.00M | $7.00M | $0.00 | — | — | — |
Fix-It Group, LLC | Diversified/Conglomerate Service – 31.3% | Delayed Draw Term Loan | $6.91M | $6.91M | $0.00 | — | +8.10% | — |
Arc Drilling Holdings LLC | Machinery – 1.5% | Term Debt | $6.01M | $6.02M | -$10.0K | — | +11.50% | — |
Trowbridge Chicago, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt #1 | $5.71M | $5.75M | -$43.0K | — | +7.00% | — |
Pansophic Learning, Ltd. | Healthcare, Education, and Childcare – 29.6% | Term Debt #2 | $4.99M | $5.00M | -$9.0K | — | +7.50% | — |
Tailwind Smith Cooper Intermediate Corporation | Diversified/Conglomerate Manufacturing – 8.5% | Term Debt | $4.22M | $4.86M | -$641.0K | — | +9.00% | — |
Encore Dredging Holdings, LLC | Diversified/Conglomerate Service – 1.0% | Preferred Stock | $4.21M | $3.84M | $370.0K | — | — | — |
Sea Link International IRB, Inc. | Automobile – 3.9% | Term Debt #2 | $4.02M | $4.02M | $0.00 | — | — | — |
Lonestar EMS, LLC | Diversified/Conglomerate Manufacturing – 0.9% | Term Debt | $4.01M | $4.01M | $0.00 | — | +8.00% | — |
Defiance Integrated Technologies, Inc. | Automobile– 0.9% | Common Stock | $3.81M | $580.0K | $3.23M | — | — | — |
TNCP Intermediate HoldCo, LLC | Printing and Publishing – 0.9% | Common Equity Units | $3.63M | $500.0K | $3.13M | — | — | — |
Giving Home Health Care, LLC | Healthcare, Education, and Childcare – 1.4% | Warrant | $3.56M | $19.0K | $3.54M | — | — | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 29.6% | Term Debt #2 | $3.28M | $3.22M | $64.0K | — | +8.00% | — |
DKI Ventures, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt | $3.22M | $5.92M | -$2.70M | — | — | — |
B+T Group Acquisition, Inc. | Telecommunications – 0.9% | Term Debt | $3.17M | $6.00M | -$2.83M | — | +2.00% | — |
Eegee’s LLC | Beverage, Food, and Tobacco – 16.2% | Delayed Draw Term Loan | $3.03M | $3.03M | $0.00 | — | +7.80% | — |
8th Avenue Food & Provisions, Inc. | Beverage, Food, and Tobacco – 0.7% | Term Debt | $2.91M | $3.68M | -$773.0K | — | +7.90% | — |
Encore Dredging Holdings, LLC | Diversified/Conglomerate Manufacturing – 0.7% | Term Debt #1 | $2.83M | $6.14M | -$3.31M | — | +5.50% | — |
CHA Holdings, Inc. | Diversified/Conglomerate Service – 4.0% | Term Debt | $2.82M | $2.98M | -$157.0K | — | +8.90% | — |
Canopy Safety Brands, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.7% | Common Stock | $2.75M | $800.0K | $1.95M | — | — | — |
Imperative Holdings Corporation | Oil and Gas – 0.7% | Preferred Equity Units | $2.22M | $488.0K | $1.74M | — | — | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 0.5% | Preferred Stock | $2.16M | $2.25M | -$92.0K | — | — | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 29.6% | Line of Credit | $2.05M | $2.00M | $51.0K | — | +8.00% | — |
OCI, LLC | Diversified/Conglomerate Manufacturing – 8.5% | Term Debt #2 | $2.05M | $2.05M | $0.00 | — | — | — |
Quality Environmental Midco, Inc. | Diversified/Conglomerate Service – 2.8% | Preferred Equity | $2.00M | $2.00M | $0.00 | — | — | — |
SpaceCo Holdings, LLC | Aerospace and Defense – 19.1% | Line of Credit | $2.00M | $2.00M | $0.00 | — | +7.20% | — |
Fix-It Group, LLC | Diversified/Conglomerate Service – 31.3% | Line of Credit | $1.90M | $1.90M | $0.00 | — | +8.10% | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 29.6% | Line of Credit | $1.76M | $1.73M | $34.0K | — | +8.00% | — |
Trowbridge Chicago, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt #2 | $1.67M | $1.65M | $19.0K | — | +7.00% | — |
Sokol & Company Holdings, LLC | Beverage, Food, and Tobacco – 0.7% | Common Stock | $1.61M | $1.50M | $115.0K | — | — | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 31.3% | Term Debt #2 | $1.61M | $1.60M | $10.0K | — | +9.20% | — |
GSM MidCo LLC | Healthcare, Education, and Childcare – 1.4% | Common Stock | $1.56M | $767.0K | $794.0K | — | — | — |
Café Zupas | Beverage, Food, and Tobacco – 16.2% | Delayed Draw Term Loan | $1.40M | $1.40M | $0.00 | — | +7.00% | — |
GFRC 360, LLC | Buildings and Real Estate – 0.5% | Line of Credit | $1.28M | $1.27M | $1.0K | — | +8.00% | — |
Triple H Food Processors, LLC | Beverage, Food, and Tobacco – 0.7% | Common Stock | $1.25M | $250.0K | $998.0K | — | — | — |
Lonestar EMS, LLC | Diversified/Conglomerate Manufacturing – 0.3% | Common Units | $1.13M | $6.75M | -$5.62M | — | — | — |
Unirac Holdings, Inc. | Diversified/Conglomerate Manufacturing – 27.4% | Delayed Draw Term Loan | $1.11M | $1.10M | $11.0K | — | +6.30% | — |
GFRC 360, LLC | Buildings and Real Estate – 0.5% | Term Debt | $1.00M | $1.00M | $1.0K | — | +8.00% | — |
Eegee’s LLC | Beverage, Food, and Tobacco – 16.2% | Line of Credit | $1.00M | $1.00M | $0.00 | — | +7.80% | — |
Canopy Safety Brands, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.2% | Preferred Stock | $923.0K | $500.0K | $423.0K | — | — | — |
FES Resources Holdings LLC | Oil and Gas – 0.7% | Preferred Equity Units | $791.0K | $6.35M | -$5.56M | — | — | — |
Ohio Armor Holdings, LLC | Aerospace and Defense – 6.2% | Common Equity | $756.0K | $1.00M | -$244.0K | — | — | — |
B+T Group Acquisition, Inc. | Telecommunications – 0.9% | Line of Credit | $634.0K | $1.20M | -$566.0K | — | +2.00% | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 1.4% | Common Stock | $623.0K | $2.00M | -$1.38M | — | — | — |
Trowbridge Chicago, LLC | Diversified/Conglomerate Service – 2.8% | Preferred Stock | $620.0K | $750.0K | -$130.0K | — | — | — |
Salvo Technologies, Inc. | Diversified/Conglomerate Manufacturing – 0.1% | Preferred Stock | $551.0K | $2.50M | -$1.95M | — | — | — |
Unirac Holdings, Inc. | Diversified/Conglomerate Manufacturing – 27.4% | Line of Credit | $426.0K | $422.0K | $4.0K | — | +6.30% | — |
Turn Key Health Clinics, LLC | Healthcare, Education, and Childcare – 29.6% | Line of Credit | $397.0K | $400.0K | -$3.0K | — | +7.30% | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 0.1% | Common Stock | $338.0K | $532.0K | -$194.0K | — | — | — |
FES Resources Holdings LLC | Oil and Gas – 0.1% | Term Debt | $325.0K | $325.0K | $0.00 | — | — | — |
TNCP Intermediate HoldCo, LLC | Printing and Publishing – 0.1% | Line of Credit | $300.0K | $300.0K | $0.00 | — | — | — |
Leeds Novamark Capital I, L.P. | Healthcare, Education, and Childcare – 1.4% | Limited Partnership Interest | $246.0K | — | — | — | — | — |
Sea Link International IRB, Inc. | Automobile – 0.1% | Common Equity Units | $219.0K | $823.0K | -$604.0K | — | — | — |
Arc Drilling Holdings LLC | Machinery – 0.0% | Common Stock | $203.0K | $1.50M | -$1.30M | — | — | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 31.3% | Line of Credit | $197.0K | $200.0K | -$3.0K | — | +6.50% | — |
Sea Link International IRB, Inc. | Automobile – 0.1% | Preferred Stock | $192.0K | $98.0K | $94.0K | — | — | — |
DKI Ventures, LLC | Diversified/Conglomerate Service – 31.3% | Line of Credit | $190.0K | $350.0K | -$160.0K | — | — | — |
Triple H Food Processors, LLC | Beverage, Food, and Tobacco – 1.7% | Preferred Stock | $148.0K | $75.0K | $73.0K | — | — | — |
Total Safety Holdings, LLC | Oil and Gas – 0.0% | Common Equity | $146.0K | $499.0K | -$353.0K | — | — | — |
Frontier Financial Group Inc. | Diversified/Conglomerate Service – 0.0% | Convertible Debt | $23.0K | $198.0K | -$175.0K | — | +6.00% | — |
Funko Acquisition Holdings, LLC(S) | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.0% | Common Units | $22.0K | $22.0K | $0.00 | — | — | — |
ALS Education, LLC | Healthcare, Education, and Childcare – 29.6% | Line of Credit | — | — | — | — | +7.00% | — |
Arc Drilling Holdings LLC | Machinery – 1.5% | Line of Credit | — | — | — | — | +11.50% | — |
B+T Group Acquisition, Inc.(S) | Telecommunications – 0.0% | Preferred Stock | — | $2.02M | — | — | — | — |
Café Zupas | Beverage, Food, and Tobacco – 16.2% | Line of Credit | — | — | — | — | +7.00% | — |
Edge Adhesives Holdings, Inc. | Diversified/Conglomerate Manufacturing – 0.0% | Preferred Stock | — | $5.47M | — | — | — | — |
Engineering Manufacturing Technologies, LLC | Diversified/Conglomerate Manufacturing – 27.4% | Line of Credit | — | — | — | — | +8.30% | — |
Engineering Manufacturing Technologies, LLC | Diversified/Conglomerate Manufacturing – 0.0% | Common Stock | — | $3.00M | — | — | — | — |
FES Resources Holdings LLC | Oil and Gas – 0.0% | Common Equity Units | — | — | — | — | — | — |
Frontier Financial Group Inc. | Diversified/Conglomerate Service – 2.8% | Preferred Stock | — | $500.0K | — | — | — | — |
Frontier Financial Group Inc. | Diversified/Conglomerate Service – 2.8% | Preferred Stock Warrant | — | — | — | — | — | — |
GFRC 360, LLC | Buildings and Real Estate – 0.0% | Preferred Stock | — | $1.02M | — | — | — | — |
NeoGraf Solutions LLC | Diversified/Conglomerate Manufacturing – 27.4% | Line of Credit | — | — | — | — | +7.00% | — |
NeoGraf Solutions LLC | Diversified/Conglomerate Manufacturing – 0.0% | Common Stock | — | $2.00M | — | — | — | — |
OCI, LLC | Diversified/Conglomerate Manufacturing – 0.0% | Common Units | — | — | — | — | — | — |
Salt & Straw, LLC | Beverage, Food, and Tobacco – 16.2% | Line of Credit | — | — | — | — | +9.10% | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 29.6% | Delayed Draw Term Loan | — | — | — | — | +8.00% | — |
Trowbridge Chicago, LLC | Diversified/Conglomerate Service – 31.3% | Line of Credit | — | — | — | — | +7.00% | — |
Viva Railings, LLC | Diversified/Conglomerate Manufacturing – 27.4% | Line of Credit | — | — | — | — | +7.10% | — |
WB Xcel Holdings, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.0% | Preferred Stock | — | $2.75M | — | — | — | — |