LOGO

July 24, 2012

VIA EDGAR AND ELECTRONIC DELIVERY

Edward P. Bartz, Esq.

Staff Attorney

United States Securities and Exchange Commission

100 F Street, N.E.

Mail Stop 8626

Washington, D.C. 20549

 

Re: Gladstone Investment Corporation
   Registration Statement on Form N-2
   (Registration No. 333-181879)

Dear Mr. Bartz:

The undersigned registrant hereby requests that the Securities and Exchange Commission take appropriate action to cause the above-referenced registration statement to be declared effective on July 26, 2012 at 4:00 p.m. Eastern Time or as soon thereafter as practicable.

Very truly yours,

GLADSTONE INVESTMENT CORPORATION

 

By:  

/s/ David Watson

  David Watson
  Chief Financial Officer
cc:   Darren K. DeStefano