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Gladstone Securities Unveils New Income Fund

Graphique de l'évolution du cours de l'action Gladstone Capital Corporation (EBR:GLAD).

Gladstone Securities LLC has introduced the Gladstone Alternative Income Fund. This fund, a non-diversified, unlisted closed-end management investment company, operates as an interval fund under the 1940 Investment Company Act. It aims to achieve and grow current income and seeks long-term capital appreciation by investing in debt and equity securities in lower and middle private market businesses in the U.S.

The fund, seeded with over $20 million by affiliates, includes significant investments from The Gladstone Companies and other Gladstone entities. The investment portfolio is expected to be composed of approximately 85% debt securities and 15% equity securities. The fund's board plans to announce initial distribution rates for March during the first week of March.

John Sateri leads the fund as President, supported by David and Laura Gladstone. Investors can view the prospectus on the Fund's website or the SEC's EDGAR system. This announcement is not an offer to sell securities.

R. H.

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