Golub Capital: Price Drop Brings This Into Buy Zone (Rating Upgrade)
Golub Capital(GBDC) Seeking Alpha·2024-08-03 20:15
Pgiam/E+ via Getty Images Overview With interest rate cuts expected to happen in September, it seems like capital is starting to flow out of the Business Development Company sector. As a result, we can see lots of BDCs experiencing price declines. However, I am totally comfortable with this happening and I'll try to explain why you should be as well. For example, we can see how Golub Capital (NASDAQ:GBDC) fell by nearly 5% over the last five days. This movement followed the both the VanEck BDC Income ETF (B ...