GLADSTONE CAPITAL CORP

GLAD represents shares of Gladstone Capital Corporation, a publicly traded business development company. It invests in debt and equity securities of established private businesses, aiming to generate current income and capital appreciation. Listed on the Nasdaq under the ticker GLAD, the stock offers investors exposure to a portfolio of lower-middle-market companies. As a BDC, GLAD is regulated under the Investment Company Act of 1940 and must distribute at least 90% of taxable income to shareholders.

Recent performance for GLAD can be found in the price chart and performance metrics displayed on this page, which show the latest available data. The stock's movement reflects changes in net asset value, dividend expectations, and broader market conditions. For the most current price return and comparison to benchmarks, refer to the live data provided here.

Because GLAD is a business development company, valuation often focuses on net asset value (NAV) and the premium or discount at which the stock trades relative to NAV. Other useful metrics include price-to-NAV and dividend yield. Comparing these measures to peers and considering portfolio credit quality can provide context. The latest valuation figures for GLAD are available on this page.

GLAD trades on the Nasdaq during regular market hours, typically 9:30 a.m. to 4:00 p.m. ET. Trading outside those hours may be possible through extended-hours sessions offered by some brokers, but liquidity is often lower and spreads wider. Investors should check with their brokerage for availability and any associated risks.

Reviewing GLAD's financial statements—including the balance sheet, income statement, and statement of cash flows—is essential. Key items include net investment income, net asset value per share, and the composition of the investment portfolio. Quarterly reports and annual filings provide details on portfolio company performance and credit quality. These documents are available through the SEC or the company's investor relations site.

GLAD faces credit risk, as its portfolio companies may struggle to repay loans or preferred equity. Interest rate risk can affect borrowing costs and the spread between asset yields and funding expenses. As a BDC, it also carries leverage risk, liquidity risk in its shares, and dividend sustainability risk if earnings decline. Economic downturns may pressure portfolio company performance and asset valuations.