GLAD Description — Gladstone Capital Corp
Gladstone Capital Corporation is a closed-end, non-diversified management investment company focused on achieving and growing current income by investing in debt securities of established lower middle market companies in the U.S. These companies typically have annual EBITDA of $3 million to $15 million. The goal is to provide stable earnings and cash flow to cover expenses, service debt, and make growing distributions to stockholders. Additionally, the company aims for long-term capital appreciation by investing in equity securities of businesses that can grow over time. It is externally managed by Gladstone Management Corporation.
Preferred: GLADP