---
schema_version: "secwatch.filing_event.v1"
accession: "0001321741-24-000018"
form_type: "8-K"
ticker: "GAIN"
cik: "0001321741"
company_name: "GLADSTONE INVESTMENT CORPORATION\\DE"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:21:35.738728+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gladstone Investment Q2 NII $0.20 (down 41% QoQ), adjusted NII flat $0.24, $42.3M realized gain

## Summary
- Net investment income $7.3M ($0.20/share), down from $12.4M ($0.34) in prior quarter; adjusted NII $8.9M ($0.24) unchanged.
- Realized $42.3M gain from exit of Nth Degree; investments at fair value $853M (101.6% of cost) across 22 portfolio companies.
- NAV per share fell to $12.49 from $13.01 due to $34.1M unrealized depreciation and distributions exceeding net realized gains.
- Declared supplemental $0.70/share distribution in Sep (paid Oct) plus monthly $0.08; invested $18.5M in Nocturne Luxury Villas.
- Total investment income $22.6M (+1.7% QoQ); expenses rose to $15.3M, partly from capital gains incentive fee accrual.

## SEC filing metadata
- accession: 0001321741-24-000018
- form_type: 8-K
- ticker: GAIN
- cik: 0001321741
- company_name: GLADSTONE INVESTMENT CORPORATION\DE
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321741/000132174124000018/0001321741-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321741/000132174124000018/gain-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321741-24-000018
- JSON: https://secwatch.observer/filing/0001321741-24-000018.json
- Plain text: https://secwatch.observer/filing/0001321741-24-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.