NPORT-P
false
0002026098
XXXXXXXX
Gladstone Alternative Income Fund
811-23983
0002026098
5299008TNQEFDPVB0997
1521 Westbranch Dr Suite 100
McLean
22102
7032875800
Gladstone Alternative Income Fund
5299008TNQEFDPVB0997
2026-03-31
2026-03-31
N
29784453.61
8549887.63
21234565.98
0.00000000
0.00000000
8100000.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
41439.60000000
USD
N
Morgan Stanley Institutional Liquidity Funds
5493000A332Y142SOW84
MSILF Government Portfolio
61747C608
3674908.75000000
NS
USD
3674908.75000000
17.30625788848
Long
STIV
RF
US
N
1
N
N
N
Treasury Bill
254900HROIFWPRGM1V77
United States Treasury Bill
912797SD0
9000000.00000000
PA
USD
8999100.00000000
42.37948639249
Long
DBT
UST
US
N
2
2026-04-02
None
0.00000000
N
N
N
N
N
N
N/A
N/A
Dutch Gold Honey (Common Stock)
N/A
100000.00000000
NS
USD
377488.00000000
1.777705277120
Long
EC
CORP
US
N
3
N
N
N
N/A
N/A
Dutch Gold Honey (Secured Second Lien Debt)
N/A
2700000.00000000
PA
USD
2700000.00000000
12.71511742949
Long
LON
CORP
US
N
3
2030-08-04
Floating
11.16800000
N
N
N
N
N
N
N/A
N/A
Flexible Technology Solutions (Secured Second Lien Debt)
N/A
1000000.00000000
PA
USD
1000000.00000000
4.709302751663
Long
LON
CORP
US
N
3
2031-03-31
Floating
11.50000000
N
N
N
N
N
N
N/A
N/A
Flexible Technology Solutions (Preferred Stock)
N/A
2500.00000000
NS
USD
250000.00000000
1.177325687915
Long
EP
CORP
US
N
3
N
N
N
N/A
N/A
Nielsen-Kellerman (Preferred Stock Series A)
N/A
3.00890000
NS
USD
2647.36000000
0.012467219732
Long
EP
CORP
US
N
3
N
N
N
N/A
N/A
Nielsen-Kellerman (Preferred Stock Series B)
N/A
628.13300000
NS
USD
552658.54000000
2.602636383152
Long
EP
CORP
US
N
3
N
N
N
N/A
N/A
Nielsen-Kellerman (Secured First Lien Debt)
N/A
1368858.13000000
PA
USD
1396235.29000000
6.575294693167
Long
LON
CORP
US
N
3
2029-12-19
Floating
13.50000000
N
N
N
N
N
N
N/A
N/A
REVERSE REPO
RP797SD08
-8100000.00000000
NS
USD
-8100000.00000000
-38.1453522884
Short
RA
CORP
US
N
2
Reverse repurchase
N
4.40000000
2026-04-02
-8100000.00000000
USD
8999100.00000000
USD
ABS
N
N
N
N/A
N/A
Detroit Defense (Preferred Stock)
N/A
1038.53400000
NS
USD
750839.46000000
3.535930335035
Long
EP
CORP
US
N
3
N
N
N
N/A
N/A
Detroit Defense (Secured First Lien Debt)
N/A
3661466.00000000
PA
USD
3661466.00000000
17.24295190892
Long
LON
CORP
US
N
3
2029-12-31
Floating
13.00000000
N
N
N
N
N
N
N/A
N/A
Smart Chemical Solutions (Preferred Stock Series A)
N/A
2.99000000
NS
USD
2340.16000000
0.011020521927
Long
EP
CORP
US
N
3
N
N
N
N/A
N/A
Smart Chemical Solutions (Preferred Stock Series B)
N/A
614.16000000
NS
USD
480679.84000000
2.263666893181
Long
EP
CORP
US
N
3
N
N
N
N/A
N/A
Smart Chemical Solutions (Secured First Lien Debt)
N/A
1589823.00000000
PA
USD
1602411.22000000
7.546239567642
Long
LON
CORP
US
N
3
2030-05-15
Floating
13.50000000
N
N
N
N
N
N
N/A
N/A
Viron International (Common Stock)
N/A
49.61000000
NS
USD
0.00000000
0.000000
Long
EC
CORP
US
N
3
N
N
N
N/A
N/A
Viron International (Secured First Lien Debt)
N/A
2042500.00000000
PA
USD
2039401.53000000
9.604159236976
Long
LON
CORP
US
N
3
2030-02-07
Floating
10.66000000
N
N
N
N
N
N
N/A
N/A
Clean Water Environmental Services, Inc. (Secured First Lein Debt)
N/A
2000000.00000000
PA
USD
2000000.00000000
9.418605503327
Long
LON
CORP
US
N
3
2031-02-18
Floating
10.96800000
N
N
N
N
N
N
2026-04-30
Gladstone Alternative Income Fund
Michael J. Malesardi
Michael J. Malesardi
Chief Financial Officer and Treasurer