Golub Capital BDC
GBDC
Market cap $3.94B

14.65 USD

-0.13

0.88%

At close Aug 25, 4:00 PM EDT

After hours

14.70

+0.05

0.34%

1 day

-0.88%

5 days

-0.95%

1 month

-4.62%

3 months

-3.17%

6 months

-6.63%

Year to date

-4.06%

1 year

-2.07%

5 years

12.78%

10 years

-8.09%

About: Golub Capital BDC Inc is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in United States middle-market companies. It also invests in the second lien and subordinated loans, warrants, and minority equity securities in United States middle-market companies. The company generally invests in securities that have been rated below investment grade by independent rating agencies or that would be rated below investment grade if rated. Maximum investment is done in USA and Canadian Companies, with maximum profit earned from those countries.

Financials Asset Management

0

Funds holding %

of 7,428 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

362% more call options, than puts

Call options by funds: $1.09M | Put options by funds: $237K

30% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 99

4% less capital invested

Capital invested by funds: $1.69B [Q1] → $1.61B (-$74.3M) [Q2]

2.89% less ownership

Funds ownership: 41.69% [Q1] → 38.81% (-2.89%) [Q2]

6% less funds holding

Funds holding: 330 [Q1] → 309 (-21) [Q2]

27% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 44

54% less funds holding in top 10

Funds holding in top 10: 13 [Q1] → 6 (-7) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for GBDC.

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about GBDC published over the past 30 days

My 10% Income Portfolio-Protecting The NAV

Caring about dividends can increase our returns, but caring about NAV can save our portfolio. Return and NAV protection must go hand in hand, because there can be no sustainable return without protecting the value of the underlying assets. As far as I am concerned, the way to protect my portfolio is to favor only securities with a positive NAV over time.

My 10% Income Portfolio-Protecting The NAV

Golub Capital: Another Boring Solid Quarter From This 10.6%-Yielding BDC

Golub Capital BDC delivered another solid quarter with a 2.4% total NAV return, maintaining a 10.55% dividend yield and trading near the NAV. The portfolio remains highly diversified, focused on first-lien floating-rate loans with low non-accruals and improving internal ratings. Leverage is above target, though management is not rushing to reduce it. The company benefits from low fees and floating-rate liabilities.

Golub Capital: Another Boring Solid Quarter From This 10.6%-Yielding BDC

Golub Capital BDC: I'm Not Buying Anymore

I am downgrading Golub Capital BDC to 'hold' due to declining net investment income and the risk of a potential dividend cut. While Q3 2025 earnings beat expectations, income barely covers the dividend, and further rate cuts could pressure payouts and stock price. Positives include low non-accruals and improved internal performance ratings, suggesting better credit quality and future deal flow opportunities.

Golub Capital BDC: I'm Not Buying Anymore

The Motley Fool

Golub Bdc Q3 Income Holds Steady

Golub Capital Bdc (GBDC 0.61%), a business development company focused on lending to middle-market companies, reported its Q3 FY2025 earnings on August 4, 2025. Headline results showed adjusted net investment income per share holding steady at $0.39, in line with analyst expectations.

Golub Bdc Q3 Income Holds Steady

Golub Capital BDC (GBDC) Q3 2025 Earnings Call Transcript

Golub Capital BDC (NASDAQ:GBDC ) Q3 2025 Earnings Conference Call August 5, 2025 10:30 AM ET Company Participants Christopher Compton Ericson - CFO & Treasurer David B. Golub - CEO & Director Matthew W.

Golub Capital BDC (GBDC) Q3 2025 Earnings Call Transcript

Zacks Investment Research

Golub Capital BDC (GBDC) Q3 Earnings and Revenues Surpass Estimates

Golub Capital BDC (GBDC) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.48 per share a year ago.

Golub Capital BDC (GBDC) Q3 Earnings and Revenues Surpass Estimates

Golub Capital BDC, Inc. Announces Fiscal Year 2025 Third Quarter Financial Results

NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its third fiscal quarter ended June 30, 2025. Except where the context suggests otherwise, the terms “we,” “us,” “our,” and “Company” refer to Golub Capital BDC, Inc. and its consolidated subsidiaries. “GC Advisors” refers to GC Advisors LLC, our investment adviser. SELECTED FINANCIAL HIGHLIGHTS (in thousands, except per share data) .

Golub Capital BDC, Inc. Announces Fiscal Year 2025 Third Quarter Financial Results

Golub Capital: This Is Why We Are Likely To Talk About Dividend Cut Soon

Golub Capital's current valuation is not compelling, trading at a slight premium to NAV despite ongoing NAV declines and a lack of unique advantages. Dividend yield is attractive at 11.4%, but coverage is just 100%, offering no margin of safety and below sector average sustainability. Portfolio yields are declining, refinancing risk is rising, and GBDC lacks the balance sheet flexibility or equity exposure of top peers.

Golub Capital: This Is Why We Are Likely To Talk About Dividend Cut Soon

High Yields, Weird Prices

Similar preferred shares trade at materially different prices. One of these preferred shares is surprisingly expensive. One of the best BDCs is nearing an incredibly rare threshold.

High Yields, Weird Prices

Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2025 Third Quarter Results

NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter ended June 30, 2025 on Monday, August 4, 2025 after the close of the financial markets. Golub Capital BDC, Inc. will host an earnings conference call at 10:30 a.m. (Eastern Time) on Tuesday, August 5, 2025 to discuss its quarterly financial results. All interested parties may participate in the confe.

Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2025 Third Quarter Results

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