Last week we penned an article about the Gladstone family of offerings: Gladstone Investment Corp. (GAIN), Gladstone Capital Corp. (GLAD), and Gladstone Commercial Corp.,(GOOD). The article focused on the common distributions of these three firms. However, there's a large group of preferred shares also offered by them.
GAIN offers two vehicles: Gladstone Investment Corp., 6.375% Series E Cumulative Term Preferred Stock due 8/31/2025 (GAINL) and Gladstone Investment Corp. 6.375% Series D Cumulative Term Preferred Stock (GAINM). Unlike many other preferred shares on the market, these