Golub Capital BDCGBDC
GBDC
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.
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 22
54% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 79
38% more funds holding in top 10
Funds holding in top 10: 8 [Q3] → 11 (+3) [Q4]
13% more funds holding
Funds holding: 281 [Q3] → 318 (+37) [Q4]
2.48% less ownership
Funds ownership: 35.83% [Q3] → 33.36% (-2.48%) [Q4]
7% less capital invested
Capital invested by funds: $1.44B [Q3] → $1.35B (-$94.8M) [Q4]
37% less call options, than puts
Call options by funds: $1.41M | Put options by funds: $2.23M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$15.50
10%
upside
Avg. target
$15.50
10%
upside
High target
$15.50
10%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Keefe, Bruyette & Woods Paul Johnson 59% 1-year accuracy 10 / 17 met price target | 10%upside $15.50 | Outperform Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 7 articles about GBDC published over the past 30 days
Neutral
Business Wire
2 weeks ago
Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2025 Second 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 March 31, 2025 on Monday, May 5, 2025 after the close of the financial markets. Golub Capital BDC, Inc. will host an earnings conference call at 12:00 p.m. (Eastern Time) on Tuesday, May 6, 2025 to discuss its quarterly financial results. All interested parties may participate in the conference.
Negative
Seeking Alpha
2 weeks ago
Golub Capital BDC: Disappointing Performance, Not As Bad As It Seems (Rating Downgrade)
Due to economic uncertainty and a disappointing quarter, I am downgrading Golub Capital BDC from a buy to a hold. Despite misses in the top and bottom lines, GBDC's credit rating upgrade and higher originations are positive signs for future performance. Management expects improved net investment income from higher originations and restructured borrowers, but economic volatility remains a risk.
Positive
Seeking Alpha
2 weeks ago
Buy The Dip: Undervalued 6-10% Yields To Weather What's Next
Inflation is heating up and growth is slowing—here's where the smart money is heading. These two hidden gems offer high income, recession resistance, and inflation protections. One name is quietly yielding over 10% while flying under Wall Street's radar.
Positive
Seeking Alpha
3 weeks ago
70 Graham All-Star Value (GASV) March Dividends Show 19 "Safer" Bearing 13 Ideal Dividend Dogs
The Large Cap Value and Ben Graham Formula strategies identify undervalued, stable stocks with strong fundamentals and low valuations, ideal for long-term investment. Analysts project significant gains (28.24% to 85.64%) from top-ten GASV Dogs by March 2026, based on dividend yields and target prices. Thirteen of nineteen "safer" GASV Dogs are recommended buys, offering reliable dividends and fair pricing relative to their intrinsic value.
Neutral
Seeking Alpha
3 weeks ago
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty!
Positive
Seeking Alpha
3 weeks ago
Golub Capital BDC's NAV, Valuation And Dividend Vs. 11 BDC Peers - Part 2 (Includes Updated Dividend Projections)
Part 2 of this article compares GBDC's recent dividend per share rates, yield percentages, and several other highly detailed (and useful) dividend sustainability metrics to 11 other BDC peers. This includes a comparative analysis of GBDC's cumulative undistributed taxable income ratio, percentage of floating-rate debt investments, recent weighted average annualized yield, and weighted average interest rate on outstanding borrowings. GBDC's “base” dividend sustainability remains strong. When comparing/analyzing all metrics (including additional metrics not mentioned), GBDC is currently deemed to be appropriately valued as a Hold.
Positive
Seeking Alpha
4 weeks ago
How I'd Invest $100,000 Right Now For Stagflation (Up To 10% Yields)
Worried about stagflation? These dividend machines could protect your portfolio and pay you up to 10% yields. Stocks you'll want to own before inflation bites again. These picks crush SCHD and VYM in yield—and might just help you sleep better through market chaos.
Neutral
Seeking Alpha
1 month ago
Golub Capital BDC's NAV, Valuation And Dividend Vs. 11 Peers - Part 1 (Includes Recommendations As Of 3/11/2025)
Part 1 of this article compares GBDC's recent quarterly change in NAV, quarterly and trailing 12-month economic return, NII, and current valuation to 11 BDC peers. Part 1 also performs a comparative analysis between each company's investment portfolio as of 9/30/2024 and 12/31/2024. This includes an updated percentage of investments on non-accrual status. I also provide a list of the other BDC stocks I currently believe are undervalued (a buy recommendation), overvalued (a sell recommendation), and appropriately valued (a hold recommendation).
Negative
Seeking Alpha
1 month ago
An Important Warning For BDC Investors
Why BDCs may be entering a dangerous phase. Avoid these risks before it's too late. One BDC stands out as a safe bet, and is my top pick right now.
Neutral
Seeking Alpha
1 month ago
9% Yields From Baby Bonds
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.
Charts implemented using Lightweight Charts™