Gladstone Investmet: The NAV Dipped And I'm Still Buying

Gladstone Investment remains a buy despite a 3.2% NAV decline, with strong adjusted net investment income supporting monthly distributions. Gladstone's concentrated portfolio of 29 companies increases both risk and reward, but recent capital deployment and new investments should drive improved results next quarter. The current dividend yield is 5.7%, well-covered by $0.26 per share adjusted net investment income, with potential for supplemental distributions by year-end.