Item 7.01. Regulation FD Disclosure.

On January 12, 2021, Gladstone Investment Corporation (the "Company") issued a press release, filed herewith as Exhibit 99.1, announcing that the Company's board of directors declared monthly cash distributions for the Company's common stock, 6.25% Series D Cumulative Term Preferred Stock, and 6.375% Series E Cumulative Term Preferred Stock for each of January, February, and March 2021.

The information disclosed under this Item 7.01, including portions of Exhibit 99.1 attached hereto regarding distributions, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits.



Exhibit No.       Description
99.1                Press Release issued by Gladstone Investment Corporation, dated
                  January 12, 2021.

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