Gladstone Investment 6.50% Series C Cumulative Term Preferred Stock Due 2022

By: ,

Date Issued   5/5/2015

Shares Offered   1,400,000        Overallotment Shares  210,000

S&P Rating   NR   Moodys Rating   NR


Security Ticker Symbol   GAINN    OTC Ticker  GLDTP

Market Traded ON   NASDAQ

Dividend Payment Paid on the last day of the month beginning on 6/30/2015

Monthly Dividend   .135   Annual Dividend   1.625

Securities may be redeemed, at the issuers option, as early as 05/31/2018  the call price is $25 plus accrued dividends.

Dividend Payment Will NOT BE Qualified Distributions.  Preferred stock dividends of business development companies (BDC’s) are not eligible for the qualified tax rate.  Because the BDC generally pays no federal taxes (if they follow the rules) there is no incremental tax breaks for the individual holders.

Maturity Date (Mandatory Redemption Date)  5/31/2022


Company Investor Relations Page for Gladstone Investment


Below you can find the offering Prospectus and Final Pricing Document


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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