Gladstone Capital Corporation reported an increase in total investment income driven by higher interest income from investments. Net investment income was $10.8 million, or $0.25 per share. The company invested $15.0 million in one new portfolio company and $29.7 million in existing portfolio companies.
Total investment income increased by 3.3% compared to the prior quarter, driven by a rise in interest income.
Net investment income was $10.8 million, or $0.25 per share for the quarter.
The company invested $15.0 million in one new portfolio company and $29.7 million in existing portfolio companies.
Secured first lien assets continue to be over 70% of debt investments, at cost, with a weighted average yield of 14.0%.