Goldman Sachs BDC
GSBD
Market cap $1.35B

11.53 USD

-0.03

0.26%

Updated Jul 30, 11:00 AM EDT

1 day

-0.26%

5 days

-2.70%

1 month

2.49%

3 months

8.67%

6 months

-9.36%

Year to date

-5.41%

1 year

-23.34%

5 years

-24.74%

10 years

-50.58%

About: Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. The investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through direct originations of secured debt, including the first lien, unitranche and second lien debt, and unsecured debt. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company focuses on the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity. It generates majority revenue in the form of interest income and dividend income.

Financials Asset Management

0

Funds holding %

of 7,323 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

41% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 61

1.67% more ownership

Funds ownership: 28.22% [Q4 2024] → 29.89% (+1.67%) [Q1 2025]

1% more capital invested

Capital invested by funds: $402M [Q4 2024] → $408M (+$5.84M) [Q1 2025]

4% less funds holding

Funds holding: 234 [Q4 2024] → 224 (-10) [Q1 2025]

17% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 29

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]

90% less call options, than puts

Call options by funds: $402K | Put options by funds: $3.95M

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Research analyst outlook

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

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about GSBD published over the past 30 days

Goldman Sachs BDC: Huge Discount Doesn't Justify A Buy Rating

Goldman Sachs BDC's recent quarters have disappointed, with declining earnings and NAV, justifying my continued Hold rating despite attractive yield and discount. Dividend cuts, rising non-accruals, and realized losses highlight ongoing portfolio and credit quality issues, outweighing any positives from special dividends. Improvements in non-accruals and leverage are minor, while upcoming debt refinancing and potential rate cuts threaten further earnings and dividend coverage.

Goldman Sachs BDC: Huge Discount Doesn't Justify A Buy Rating

Goldman Sachs BDC: Does Its Dividend Yield Make It A Buy?

GSBD offers a 10.85% base dividend yield. This yield is being expanded with special and supplemental dividends. Fiscal 2025 first quarter earnings saw dual misses and a decline in NAV per share, with net investment income unable to fully cover the aggregate dividend payouts. The portfolio remains defensive with low non-accruals, but negative net funded investment activity and falling rates threaten future total investment income.

Goldman Sachs BDC: Does Its Dividend Yield Make It A Buy?

2 Quality Stocks For A Big, Beautiful Income Stream

I focus on dividend investing to build a reliable income stream, prioritizing companies with strong fundamentals and consistent dividend growth. Old Republic International stands out for its robust earnings, special dividends, and over 40 years of dividend increases, trading at an attractive valuation. Ares Capital offers a high yield, strong liquidity, and a history of stable dividends, making it a solid choice for income-focused investors.

2 Quality Stocks For A Big, Beautiful Income Stream

Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Second Quarter 2025 Results

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GS BDC”) (NYSE: GSBD) announced today that it will report its second quarter ended June 30, 2025 financial results after the market closes on Thursday, August 7, 2025. GS BDC will also host an earnings conference call on Friday, August 8, 2025 at 9:00 am Eastern Time to discuss its financial results. All interested parties are invited to participate via telephone or the audio webcast, which will be hosted on the Investor Resources section of.

Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Second Quarter 2025 Results

Two 10%+ Yielding BDCs Going From Bargains To Screaming Buys

Since the announcement of tariffs in early April, the BDC market has become a less interesting place for capital deployment (as we can imply from higher discounts). Yet, as it is usually the case, higher discounts mean more opportunities for patient investors. In this article, I discuss two 10%+ yielding BDCs, which, even before the uncertainty level spiked higher, were bargains and now have become even more attractive buys.

Two 10%+ Yielding BDCs Going From Bargains To Screaming Buys

2 Deep Value BDCs: One Bargain, One Bust

Currently, an average BDC trades at an 8% discount to NAV. However, those with high dividend cut probabilities have 20%+ discounts. Many of these heavily punished BDCs are busts.

2 Deep Value BDCs: One Bargain, One Bust

Goldman Sachs BDC: Excessive NAV Discount

Goldman Sachs BDC delivered weaker-than-expected Q1'25 net investment income amid a shrinking portfolio and persistent non-accrual issues. The BDC's non-accrual percentage improved to 1.9% Q/Q and Q1'25 was the third consecutive quarter of improving balance sheet quality. Goldman Sachs BDC has changed its dividend setup, however, and has more payment flexibility going forward.

Goldman Sachs BDC: Excessive NAV Discount

What Does Wall Street Hate About These Massive Dividends?

Wall Street analysts have “Buy” ratings on 388 stocks in the S&P 500. That's over 76% of the index!

What Does Wall Street Hate About These Massive Dividends?

Goldman Sachs BDC: Widely Underrated

Goldman Sachs BDC remains a Buy for passive income investors, offering a high NII yield and trading at a significant discount to NAV. Despite not fully covering its dividend in Q1'25 and a rising non-accrual ratio, I see the dividend as sustainable due to the revised payout structure. The BDC's income metrics are under pressure from higher repayments, lower originations, and credit quality issues, but peer comparisons remain favorable.

Goldman Sachs BDC: Widely Underrated

Goldman Sachs BDC (GSBD) Q1 2025 Earnings Call Transcript

Goldman Sachs BDC. (NYSE:GSBD ) Q1 2025 Earnings Conference Call May 9, 2025 8:30 AM ET Company Participants Austin Neri - IR Alex Chi - Co-CEO & Co-President David Miller - Co-CEO & Co-President Tucker Greene - COO Stanley Matuszewski - CFO & Treasurer Conference Call Participants Derek Hewett - Bank of America Operator Good morning.

Goldman Sachs BDC (GSBD) Q1 2025 Earnings Call Transcript

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