Golub Capital BDC, Inc.·Financial Services

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, 2026 on Monday, May 4, 2026 after the close of the financial markets. Golub Capital BDC, Inc. will host an earnings conference call at 11:00 a.m. (Eastern Time) on Tuesday, May 5, 2026 to discuss its quarterly financial results. All interested parties may participate in the conference.

Golub Capital BDC (NASDAQ: GBDC - Get Free Report) and Runway Growth Finance (NASDAQ: RWAY - Get Free Report) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, valuation, risk, institutional ownership, analyst recommendations, earnings and profitability. Institutional and Insider Ownership 42.4% of

March review of the RIG portfolio highlights 6 dividend raises and 2 cuts among 38 payers, with a forward yield of 6.3%. Key raises, include ENB (5.2%), WEC (6.7%), CVX (4.1%), HSY (6%), EQIX (10%), and SHEL (3.9%), with a Rose Recommendation given for owning each one. LYB and GBDC both cut dividends; LYB is recommended for exit due to poor earnings, while GBDC is held as a speculative buy.

Two popular BDCs offer sky-high yields and deep discounts to NAV after the recent sector-wide sell-off. One is a very attractive "Buy," while I am avoiding the other one. I detail how to sort the wheat from the chaff when analyzing deep value BDC opportunities like GBDC and FSK.

I see compelling value in floating-rate preferred shares and baby bonds, especially as credit spreads widen and many now trade at discounts to call value. Recent market volatility and higher interest rates have created attractive entry points in select REITs, BDCs, preferred shares, and baby bonds. I've allocated a significant portion of my portfolio to preferred shares and baby bonds in March 2026.

Golub Capital BDC offers a 10.5% yield and trades at a 15% discount to NAV, presenting a compelling risk-reward profile. GBDC's portfolio is 92% first-lien, senior secured loans, diversified across 52 industries, with a conservative average loan-to-value ratio. Non-accruals remain low at 1.3% of cost, and management's disciplined underwriting and selective deal closure underpin portfolio quality.
Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It seeks to invest in the United States. It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants.
Financial Services
Asset Management
875
2010-04-15
0.42