Gladstone Capital · filed 2023-07-26
Total Fair Value
$715.32M
117 holdings
Unrealized P/L
-$19.86M
-2.70% vs cost
W. Avg Spread
+8.09%
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
$715M
Total Fair Value
- Diversified/Conglomerate Manufacturing – 32.2%16.1%
- Healthcare, Education, and Childcare – 29.7%14.9%
- Diversified/Conglomerate Service – 29.6%14.8%
- Aerospace and Defense – 20.0%10.0%
- Beverage, Food, and Tobacco – 19.3%9.7%
- Diversified/Conglomerate Manufacturing – 10.1%5.1%
- Diversified/Conglomerate Service – 9.1%4.6%
- Healthcare, Education, and Childcare – 8.0%4.0%
- Oil and Gas – 6.0%3.0%
- Aerospace and Defense – 4.6%2.3%
- Other industries15.6%
Spread Distribution
Floating-rate debt holdings by 50bp spread bucket
All holdings
Sortable, click headers to re-sort
117 of 117
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
SpaceCo Holdings, LLC | Aerospace and Defense – 20.0% | Term Debt | $30.00M | $30.14M | -$141.0K | — | +7.20% | — |
Springfield, Inc. | Diversified/Conglomerate Manufacturing – 10.1% | Term Debt | $29.89M | $30.00M | -$112.0K | — | +10.10% | — |
Giving Home Health Care, LLC | Healthcare, Education, and Childcare – 8.0% | Term Debt | $28.73M | $28.80M | -$72.0K | — | — | — |
Pansophic Learning, Ltd. | Healthcare, Education, and Childcare – 29.7% | Term Debt #1 | $28.00M | $27.97M | $34.0K | — | +7.50% | — |
NeoGraf Solutions LLC | Diversified/Conglomerate Manufacturing – 32.2% | Term Debt | $26.26M | $27.07M | -$812.0K | — | +7.00% | — |
Encore Dredging Holdings, LLC | Diversified/Conglomerate Service – 9.1% | Term Debt #1 | $23.28M | $23.88M | -$597.0K | — | +7.00% | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 29.7% | Term Debt | $23.00M | $23.00M | $0.00 | — | +8.00% | — |
Café Zupas | Beverage, Food, and Tobacco – 19.3% | Term Debt | $22.99M | $23.46M | -$469.0K | — | +6.80% | — |
Antenna Research Associates, Inc. | Aerospace and Defense – 20.0% | Term Debt | $22.04M | $22.04M | $0.00 | — | +10.00% | — |
Imperative Holdings Corporation | Oil and Gas – 6.0% | Term Debt | $21.49M | $21.61M | -$118.0K | — | +9.80% | — |
ENET Holdings, LLC | Diversified/Conglomerate Service – 29.6% | Term Debt #2 | $21.45M | $22.29M | -$836.0K | — | +7.30% | — |
Viva Railings, LLC | Diversified/Conglomerate Manufacturing – 32.2% | Term Debt | $20.49M | $20.75M | -$259.0K | — | +7.10% | — |
Engineering Manufacturing Technologies, LLC | Diversified/Conglomerate Manufacturing – 32.2% | Term Debt | $20.32M | $21.50M | -$1.18M | — | +8.30% | — |
OCI, LLC | Diversified/Conglomerate Manufacturing – 32.2% | Term Debt | $20.00M | $20.00M | $0.00 | — | +7.50% | — |
ALS Education, LLC | Healthcare, Education, and Childcare – 29.7% | Term Debt | $18.98M | $19.03M | -$48.0K | — | +7.00% | — |
MCG Energy Solutions, LLC | Diversified/Conglomerate Service – 29.6% | Term Debt | $18.23M | $20.07M | -$1.84M | — | +7.60% | — |
Ohio Armor Holdings, LLC | Aerospace and Defense – 20.0% | Term Debt | $17.67M | $18.01M | -$343.0K | — | +8.00% | — |
Eegee’s LLC | Beverage, Food, and Tobacco – 19.3% | Term Debt | $16.28M | $17.00M | -$722.0K | — | +7.80% | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 29.7% | Term Debt #1 | $16.01M | $16.01M | $0.00 | — | — | — |
Antenna Research Associates, Inc. | Aerospace and Defense – 4.6% | Common Equity Units | $15.81M | $4.28M | $11.53M | — | — | — |
Unirac, Inc. | Diversified/Conglomerate Manufacturing – 32.2% | Term Debt | $14.91M | $14.56M | $345.0K | — | +6.50% | — |
Leadpoint Business Services, LLC | Diversified/Conglomerate Service – 29.6% | Term Debt | $13.37M | $13.50M | -$135.0K | — | +8.50% | — |
Sokol & Company Holdings, LLC | Beverage, Food, and Tobacco – 19.3% | Term Debt | $13.18M | $13.50M | -$321.0K | — | +7.00% | — |
Fix-It Group, LLC | Diversified/Conglomerate Service – 29.6% | Term Debt | $12.20M | $12.20M | $0.00 | — | +8.10% | — |
Sea Link International IRB, Inc. | Automobile – 3.3% | Term Debt | $11.63M | $11.99M | -$359.0K | — | — | — |
Turn Key Health Clinics, LLC | Healthcare, Education, and Childcare – 29.7% | Term Debt | $11.00M | $11.00M | $0.00 | — | +7.30% | — |
Salvo Technologies, Inc. | Diversified/Conglomerate Manufacturing – 32.2% | Term Debt | $10.97M | $11.80M | -$826.0K | — | +9.50% | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 29.6% | Term Debt #1 | $9.97M | $9.97M | $6.0K | — | +8.40% | — |
WB Xcel Holdings, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 3.2% | Term Debt | $9.85M | $9.85M | $0.00 | — | +10.50% | — |
MCG Energy Solutions, LLC | Diversified/Conglomerate Service – 2.7% | Preferred Stock | $8.90M | $7.00M | $1.90M | — | — | — |
Axios Industrial Group, LLC | Diversified/Conglomerate Service – 29.6% | Term Debt | $8.84M | $8.97M | -$124.0K | — | +9.10% | — |
Gray Matter Systems, LLC | Diversified/Conglomerate Service – 3.2% | Term Debt | $8.59M | $8.55M | $36.0K | — | +11.30% | — |
Salt & Straw, LLC | Beverage, Food, and Tobacco – 19.3% | Delayed Draw Term Loan | $8.12M | $8.43M | -$312.0K | — | +9.10% | — |
Defiance Integrated Technologies, Inc. | Automobile– 2.1% | Term Debt | $7.42M | $7.42M | $0.00 | — | +9.60% | — |
Fix-It Group, LLC | Diversified/Conglomerate Service – 29.6% | Delayed Draw Term Loan | $6.91M | $6.91M | $0.00 | — | +8.10% | — |
Trowbridge Chicago, LLC | Diversified/Conglomerate Service – 29.6% | Term Debt | $5.75M | $5.75M | $0.00 | — | +7.00% | — |
Arc Drilling Holdings LLC | Machinery – 1.5% | Term Debt | $5.52M | $5.83M | -$313.0K | — | +11.50% | — |
Pansophic Learning, Ltd. | Healthcare, Education, and Childcare – 29.7% | Term Debt #2 | $5.00M | $4.99M | $6.0K | — | +7.50% | — |
B+T Group Acquisition, Inc.(S) | Telecommunications – 1.7% | Term Debt | $4.98M | $6.00M | -$1.02M | — | +11.00% | — |
Encore Dredging Holdings, LLC | Diversified/Conglomerate Service – 9.1% | Delayed Draw Term Loan | $4.95M | $5.08M | -$127.0K | — | +7.00% | — |
Encore Dredging Holdings, LLC | Diversified/Conglomerate Service – 9.1% | Term Debt #2 | $4.50M | $4.62M | -$116.0K | — | +7.00% | — |
Tailwind Smith Cooper Intermediate Corporation | Diversified/Conglomerate Manufacturing – 10.1% | Term Debt | $4.30M | $4.85M | -$549.0K | — | +9.00% | — |
Encore Dredging Holdings, LLC | Diversified/Conglomerate Service– 1.2% | Preferred Stock | $4.28M | $3.84M | $438.0K | — | — | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 1.2% | Preferred Stock | $4.21M | $2.25M | $1.96M | — | — | — |
Café Zupas | Beverage, Food, and Tobacco – 19.3% | Delayed Draw Term Loan | $3.89M | $3.97M | -$79.0K | — | +6.80% | — |
Lonestar EMS, LLC | Diversified/Conglomerate Manufacturing – 1.1% | Term Debt | $3.85M | $3.85M | $0.00 | — | — | — |
FES Resources Holdings LLC | Oil and Gas – 1.5% | Preferred Equity Units | $3.62M | $6.35M | -$2.73M | — | — | — |
DKI Ventures, LLC | Diversified/Conglomerate Service – 29.6% | Term Debt | $3.55M | $5.92M | -$2.37M | — | +8.00% | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 29.7% | Term Debt #2 | $3.23M | $3.23M | $0.00 | — | — | — |
Axios Industrial Group, LLC | Diversified/Conglomerate Service – 29.6% | Delayed Draw Term Loan | $2.95M | $3.00M | -$52.0K | — | +9.10% | — |
TNCP Intermediate HoldCo, LLC | Printing and Publishing – 0.8% | Common Equity Units | $2.93M | $500.0K | $2.43M | — | — | — |
Eegee’s LLC | Beverage, Food, and Tobacco – 19.3% | Delayed Draw Term Loan | $2.87M | $3.00M | -$127.0K | — | +7.80% | — |
CHA Holdings, Inc. | Diversified/Conglomerate Service – 3.2% | Term Debt | $2.76M | $2.97M | -$213.0K | — | +9.00% | — |
Edge Adhesives Holdings, Inc. (S) | Diversified/Conglomerate Manufacturing – 0.8% | Term Debt | $2.75M | $6.14M | -$3.39M | — | +5.50% | — |
Defiance Integrated Technologies, Inc. | Automobile– 0.7% | Common Stock | $2.64M | $580.0K | $2.06M | — | — | — |
8th Avenue Food & Provisions, Inc. | Beverage, Food, and Tobacco – 0.7% | Term Debt | $2.43M | $3.68M | -$1.25M | — | +7.90% | — |
Giving Home Health Care, LLC | Healthcare, Education, and Childcare – 1.6% | Warrant | $2.42M | $19.0K | $2.40M | — | — | — |
Salvo Technologies, Inc. | Diversified/Conglomerate Manufacturing – 0.6% | Preferred Stock | $2.01M | $2.50M | -$489.0K | — | — | — |
OCI, LLC | Diversified/Conglomerate Manufacturing – 10.1% | Term Debt #1 | $2.00M | $2.00M | $0.00 | — | +7.00% | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 1.6% | Common Stock | $2.00M | $2.00M | $0.00 | — | — | — |
SpaceCo Holdings, LLC | Aerospace and Defense – 20.0% | Line of Credit | $1.87M | $1.90M | -$31.0K | — | +7.20% | — |
Salt & Straw, LLC | Beverage, Food, and Tobacco – 19.3% | Line of Credit | $1.85M | $1.94M | -$87.0K | — | +9.10% | — |
Imperative Holdings Corporation | Oil and Gas – 1.5% | Preferred Equity Units | $1.66M | $488.0K | $1.17M | — | — | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 29.6% | Term Debt #2 | $1.60M | $1.59M | $1.0K | — | +9.50% | — |
Sokol & Company Holdings, LLC | Beverage, Food, and Tobacco – 0.8% | Common Stock | $1.58M | $1.50M | $81.0K | — | — | — |
WB Xcel Holdings, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 3.2% | Line of Credit | $1.47M | $1.47M | $0.00 | — | +10.50% | — |
Canopy Safety Brands, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.4% | Common Stock | $1.41M | $800.0K | $606.0K | — | — | — |
Triple H Food Processors, LLC | Beverage, Food, and Tobacco – 0.8% | Common Stock | $1.31M | $250.0K | $1.06M | — | — | — |
Unirac, Inc. | Diversified/Conglomerate Manufacturing – 32.2% | Line of Credit | $1.20M | $1.20M | $1.0K | — | +6.50% | — |
WB Xcel Holdings, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.3% | Preferred Equity | $1.14M | $2.75M | -$1.61M | — | — | — |
GSM MidCo LLC | Healthcare, Education, and Childcare – 1.6% | Common Stock | $1.12M | $767.0K | $351.0K | — | — | — |
Unirac, Inc. | Diversified/Conglomerate Manufacturing – 32.2% | Delayed Draw Term Loan | $1.11M | $1.11M | $2.0K | — | +6.50% | — |
GFRC 360, LLC | Buildings and Real Estate – 0.6% | Line of Credit | $1.08M | $1.15M | -$74.0K | — | +8.00% | — |
Fix-It Group, LLC | Diversified/Conglomerate Service – 29.6% | Line of Credit | $1.00M | $1.00M | $0.00 | — | +8.10% | — |
B+T Group Acquisition, Inc.(S) | Telecommunications – 1.7% | Line of Credit | $996.0K | $1.20M | -$204.0K | — | +11.00% | — |
GFRC 360, LLC | Buildings and Real Estate – 0.6% | Term Debt | $936.0K | $1.00M | -$64.0K | — | +8.00% | — |
TNCP Intermediate HoldCo, LLC | Printing and Publishing – 0.2% | Line of Credit | $900.0K | $900.0K | $0.00 | — | — | — |
NeoGraf Solutions LLC | Diversified/Conglomerate Manufacturing – 0.2% | Common Equity | $855.0K | $2.00M | -$1.15M | — | — | — |
Canopy Safety Brands, LLC | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.2% | Preferred Stock | $846.0K | $500.0K | $346.0K | — | — | — |
CPM Holdings, Inc. | Machinery – 0.2% | Term Debt | $792.0K | $798.0K | -$6.0K | — | +8.30% | — |
Trowbridge Chicago, LLC | Diversified/Conglomerate Service – 2.7% | Preferred Stock | $750.0K | $750.0K | $0.00 | — | — | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 29.7% | Line of Credit | $624.0K | $624.0K | $0.00 | — | +8.00% | — |
Ohio Armor Holdings, LLC | Aerospace and Defense – 4.6% | Common Equity | $543.0K | $1.00M | -$457.0K | — | — | — |
Turn Key Health Clinics, LLC | Healthcare, Education, and Childcare – 29.7% | Line of Credit | $500.0K | $500.0K | $0.00 | — | +7.30% | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 0.1% | Common Stock | $391.0K | $532.0K | -$141.0K | — | — | — |
Sea Link International IRB, Inc. | Automobile– 0.1% | Common Equity Units | $322.0K | $823.0K | -$501.0K | — | — | — |
GFRC 360, LLC | Buildings and Real Estate – 0.1% | Preferred Stock | $263.0K | $1.02M | -$762.0K | — | — | — |
PIC 360, LLC | Machinery – 0.1% | Common Equity Units | $256.0K | $1.0K | $255.0K | — | — | — |
Leeds Novamark Capital I | Healthcare, Education, and Childcare – 1.6% | L.P. – Limited Partnership Interest ($843 uncalled capital commitment | $193.0K | — | — | — | — | — |
Sea Link International IRB, Inc. | Automobile – 0.0% | Preferred Stock | $175.0K | $98.0K | $77.0K | — | — | — |
Triple H Food Processors, LLC | Beverage, Food, and Tobacco – 0.0% | Preferred Stock | $135.0K | $75.0K | $60.0K | — | — | — |
Total Safety Holdings, LLC | Oil and Gas – 0.0% | Common Equity | $119.0K | $499.0K | -$380.0K | — | — | — |
Arc Drilling Holdings LLC | Machinery – 0.0% | Common Stock | $106.0K | $1.50M | -$1.39M | — | — | — |
Frontier Financial Group Inc. | Diversified/Conglomerate Service – 0.0% | Convertible Debt | $32.0K | $198.0K | -$166.0K | — | +6.00% | — |
Funko Acquisition Holdings, LLC(S) | Personal and Non-Durable Consumer Products (Manufacturing Only) – 0.0% | Common Units | $31.0K | $22.0K | $9.0K | — | — | — |
ALS Education, LLC | Healthcare, Education, and Childcare – 29.7% | 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 – 19.3% | Line of Credit | — | — | — | — | +6.80% | — |
Edge Adhesives Holdings, Inc.(S) | Diversified/Conglomerate Manufacturing – 0.0% | Preferred Stock | — | $5.47M | — | — | — | — |
Eegee’s LLC | Beverage, Food, and Tobacco – 19.3% | Line of Credit | — | — | — | — | +7.80% | — |
Encore Dredging Holdings, LLC | Diversified/Conglomerate Service – 9.1% | Line of Credit | — | — | — | — | +8.30% | — |
Engineering Manufacturing Technologies, LLC | Diversified/Conglomerate Manufacturing – 32.2% | Line of Credit | — | — | — | — | +8.30% | — |
Engineering Manufacturing Technologies, LLC | Diversified/Conglomerate Manufacturing – 0.2% | Common Stock | — | $3.00M | — | — | — | — |
FES Resources Holdings LLC | Oil and Gas – 0.0% | Common Equity Units | — | — | — | — | — | — |
Frontier Financial Group Inc. | Diversified/Conglomerate Service – 2.7% | Preferred Stock | — | $500.0K | — | — | — | — |
Frontier Financial Group Inc. | Diversified/Conglomerate Service – 2.7% | Preferred Stock Warrant | — | — | — | — | — | — |
HH-Inspire Acquisition, Inc. | Healthcare, Education, and Childcare – 29.7% | Term Debt | — | — | — | — | +8.00% | — |
Lonestar EMS, LLC | Diversified/Conglomerate Manufacturing – 0.0% | Common Units | — | $6.75M | — | — | — | — |
NeoGarf Solutions LLC | — | Line of Credit | — | — | — | — | +7.00% | — |
OCI, LLC | Diversified/Conglomerate Manufacturing – 0.2% | Common Units | — | — | — | — | — | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 29.7% | Line of Credit | — | — | — | — | +8.00% | — |
Technical Resource Management, LLC | Healthcare, Education, and Childcare – 29.7% | Delayed Draw Term Loan | — | — | — | — | +8.00% | — |
Trowbridge Chicago, LLC | Diversified/Conglomerate Service – 29.6% | Line of Credit | — | — | — | — | +7.00% | — |
Trowbridge Chicago, LLC | Diversified/Conglomerate Service – 29.6% | Delayed Draw Term Loan | — | — | — | — | +7.00% | — |
Viva Railings, LLC | Diversified/Conglomerate Manufacturing – 32.2% | Line of Credit | — | — | — | — | +7.10% | — |
WorkforceQA, LLC | Diversified/Conglomerate Service – 29.6% | Line of Credit | — | — | — | — | +6.50% | — |