Gladstone Investment: No Margin Of Safety (Rating Downgrade)

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Henrik Sorensen Gladstone Investment Corporation ( NASDAQ: GAIN ) managed to cover its base dividend with adjusted net investment income in the last two quarters, but the business development company has no real margin of safety reflected in its pay-out metrics anymore. With Analyst’s Disclosure: I/we have a beneficial long position in the shares of GAIN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions.

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