Goldman Sachs BDC
GSBD
Market cap $1.41B

12.01 USD

-0.15

1.23%

At close Jan 7, 4:00 PM EST

After hours

12.00

-0.01

0.08%

1 day

-1.23%

5 days

-2.20%

1 month

-7.33%

3 months

-11.89%

6 months

-22.96%

Year to date

-1.48%

1 year

-18.96%

5 years

-42.73%

10 years

-40.10%

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's origination strategy focuses on leading 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.

0

Funds holding %

of 6,815 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

758% more call options, than puts

Call options by funds: $1.07M | Put options by funds: $125K

18% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 60

6.64% less ownership

Funds ownership: 35.04% [Q2] → 28.4% (-6.64%) [Q3]

8% less funds holding

Funds holding: 213 [Q2] → 197 (-16) [Q3]

24% less capital invested

Capital invested by funds: $591M [Q2] → $452M (-$140M) [Q3]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]

32% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 28

See Fund Rankings

Research analyst outlook

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

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about GSBD published over the past 30 days

Goldman Sachs BDC: Price Drop Creates An Attractive Buying Opportunity

I maintain my buy rating on Goldman Sachs BDC due to its strong dividend coverage, diverse portfolio, and attractive valuation despite recent price declines. GSBD's portfolio is well-constructed, with a focus on first lien senior secured debt. Earnings currently support the 14.7% dividend yield, making it appealing for income investors. The higher interest rate environment has impacted GSBD's portfolio quality, but non-accrual rates have improved, and management continues to invest in new opportunities.

Goldman Sachs BDC: Price Drop Creates An Attractive Buying Opportunity

14%+ Dividend Yields: 1 To Buy And 1 To Avoid

High-yield dividend stocks can be powerful income machines, but can also be risky. This means that investors should use extra caution when investing in these sorts of stocks. We discuss two 14%+ yielding yields, one that is worth buying and one that is not.

14%+ Dividend Yields: 1 To Buy And 1 To Avoid

24/7 Wall Street

Baby Boomers Should Buy These 10% and More Ultra-High-Yield Stocks Hand-Over-Fist

With the youngest baby boomers (Americans born between 1946 and 1964) approaching retirement age, it is becoming increasingly important to focus on magnificent dividend stocks that will supply significant passive income either in or out of designated retirement accounts like IRAs.

Baby Boomers Should Buy These 10% and More Ultra-High-Yield Stocks Hand-Over-Fist

Goldman Sachs BDC: This Is Not A BDC You Want To Have Now

In December 2023, I issued my first relatively bearish article on GSBD. The argument was that GSBD lacked the financial firepower to grow. Since then, GSBD has underperformed the BDC market by ~20%.

Goldman Sachs BDC: This Is Not A BDC You Want To Have Now

I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025

AI stocks have dominated the markets over the past few years. However, there are a few other sectors that have also shined over the past few years. I share two high-flying big dividend sectors that, I think, will continue to outperform in 2025.

I Am Loading Up On These 2 High-Flying High-Yield Sectors For 2025

11-14% Yields: Give Yourself The Gift Of Dividends For Christmas

Big dividend stocks are on a big holiday sale this Christmas season. Even in some of the most in-favor sectors of the high-yield space, bargains can still be found. I share some well-covered 11-14% dividend yields that can be found on the bargain rack.

11-14% Yields: Give Yourself The Gift Of Dividends For Christmas

Goldman Sachs BDC: Contrarian Buy Near 1-Year Lows (Rating Upgrade)

Goldman Sachs BDC's non-accrual percentage has improved, and shares now trade at a discount to book value, presenting a contrarian buying opportunity. Despite increased non-performing loans, Goldman Sachs BDC's dividend remains well-supported by net investment income, with a coverage ratio of 1.29X in Q3'24. The investment firm's reliance on variable rate loans poses a risk, but the dividend appears secure unless non-accrual loans increase or net investment income drops significantly.

Goldman Sachs BDC: Contrarian Buy Near 1-Year Lows (Rating Upgrade)

13+% Dividend Yields: 1 To Buy And 1 To Avoid

My portfolio focuses on high-yielding stocks, as they are ideal components of an opportunistic capital recycling strategy. That said, not all high-yield stocks make for good investments. I share one stock with a dividend yield of over 13% that I would avoid right now.

13+% Dividend Yields: 1 To Buy And 1 To Avoid

24/7 Wall Street

4 Quality Ultra-High-Yield Stocks That Pay Huge 12%-16% Dividends Are Top December Buys

Investors love dividend stocks, especially the high-yield variety.

4 Quality Ultra-High-Yield Stocks That Pay Huge 12%-16% Dividends Are Top December Buys

BDC Weekly Review: Key Q3 Earnings Trends

We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat this week in aggregate, outperforming other income sectors, with PSEC and TPVG bookending month-to-date returns. Q3 earnings reveal a slight decline in net investment income due to rate cuts, tight market spreads, and refinancing into higher coupon debt.

BDC Weekly Review: Key Q3 Earnings Trends

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