MetaCap

Bain Capital Specialty Finance (BCSF) vs Gladstone Investment Business Development (GAIN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Gladstone Investment Business Development (GAIN) has outperformed Bain Capital Specialty Finance (BCSF) over the past year, gaining 12.9% versus a loss of 21.3%. Over five years, GAIN leads with a +4.6% price change compared with -27.7% for BCSF. On valuation, Bain Capital Specialty Finance trades at a lower forward P/E (8.1x vs 15.2x for Gladstone Investment Business Development).

Bain Capital Specialty Finance offers the higher dividend yield (15.58% vs 6.24%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BCSF-21.26%GAIN+12.92%
+27%+1%-24%
Oct 8, 20251 yearOct 8, 2026
BCSF-27.65%GAIN+9.08%
+31%+0%-30%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BCSF versus GAIN key metrics
MetricBCSFGAIN
Share price$10.78$15.38
Market cap$699.28M—
1-day change+1.03%+0.59%
YTD return-22.50%+10.09%
1-year return-21.26%+12.92%
5-year return-27.75%+4.55%
P/E ratio (TTM)10.893.65
Forward P/E8.0615.15
EPS (TTM)$0.99$4.21
Dividend yield15.58%6.24%
Annual dividend$1.68$0.96
52-week high$14.70$17.14
52-week low$10.53$13.11
Distance from 52-week high-26.67%-10.27%
Analyst consensusnonenone
Avg. price target upside+17.16%+10.53%
Average volume438.19K178.34K
Shares outstanding64.87M—
SectorFinancial ServicesFinancial Services
IndustryAsset ManagementAsset Management

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • GAIN has outperformed BCSF by 34.2 percentage points over the past year.
  • Bain Capital Specialty Finance trades at a higher earnings multiple (10.9x vs 3.7x trailing P/E).
  • Bain Capital Specialty Finance offers a meaningfully higher dividend yield (15.58% vs 6.24%).

About Bain Capital Specialty Finance

BCSF stock →

Bain Capital Specialty Finance, Inc. is business development company specializing in direct loans to middle-market companies.

Financial Services · Asset Management

About Gladstone Investment Business Development

GAIN stock →

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups.

Financial Services · Asset Management

BCSF vs GAIN FAQ

Which stock has performed better over the past year, BCSF or GAIN?

GAIN returned +12.92% over the past 12 months, compared with -21.26% for BCSF (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, BCSF or GAIN?

GAIN has the lower trailing P/E at 3.7, versus 10.9 for BCSF. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Bain Capital Specialty Finance or Gladstone Investment Business Development?

Bain Capital Specialty Finance has the higher yield at 15.58%, compared with 6.24% for Gladstone Investment Business Development.

Are Bain Capital Specialty Finance and Gladstone Investment Business Development in the same industry?

Yes. Both are classified in the Asset Management industry within the Financial Services sector.

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