Gladstone Alternative Income Fund (“Gladstone Alternative” or the “Fund”) announced an increase in its monthly cash distribution for June 2025. The Fund’s board of trustees approved a 1.149% rise in the daily dividend rate compared to May.
For June, the Fund will pay $0.00176 per calendar day per share across all Class A, Class C, and Class I shares. This amounts to $0.0528 per share for shareholders holding shares throughout the entire month.
The distributions will be paid on July 1, 2025, to both Dividend Reinvestment Plan (DRIP) participants and non-DRIP shareholders.
John Sateri, President of Gladstone Alternative, said, “We are proud to deliver our fourth consecutive monthly dividend. This reflects our ongoing commitment to providing steady income to investors. We aim to generate sustainable returns and long-term value by investing in a diversified portfolio of private credit and equity.”
Gladstone Alternative Income Fund is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940. It operates as an interval fund.
The Fund focuses on generating and growing income by investing mainly in directly originated loans to lower and middle market private businesses in the U.S., as well as broadly syndicated loans and commercial real estate loans.
Investors should review the Fund’s investment objectives, risks, charges, and expenses before investing. The prospectus dated November 7, 2024, filed with the U.S. Securities and Exchange Commission (SEC), contains detailed information about the Fund.
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