GBDC: New Fee Structure And Resilient Portfolio Drive Rerating
GBDCGolub Capital(GBDC) seekingalpha.com·2024-05-17 20:37

Jonathan Kitchen In this article, we catch up on the latest quarterly results of the Golub Capital BDC (NASDAQ:GBDC). The company delivered a good quarterly result with a 3.8% total NAV return. It trades at a 10.5% total dividend yield and a 13 premium to book. Its net income yield is 11.9% - in line with the sector median. The company's loan portfolio targets primarily floating-rate first-lien loans and is very well diversified with over 300 positions. Top sectors include software and healthcare. Golub Qua ...