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Gladstone Capital Corporation
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Gladstone Capital Corporation (NASDAQ: GLAD) is a business development company that primarily invests in debt securities of established, private lower middle market companies in the U.S. These investments typically consist of senior term loans, senior subordinated loans, and junior subordinated loans, often accompanied by equity interests. The company's investment objectives are to generate current income and, to a lesser extent, capital appreciation. Gladstone Capital is externally managed by Gladstone Management Corporation and is part of the Gladstone Companies, a family of investment funds.
United States
Industry
Financial