Golub Capital BDC, Inc. - Closed End Fund (GBDC)

Frequently Asked Questions About Golub Capital BDC, Inc. - Closed End Fund (GBDC)

Are there any fees associated with investing in Golub Capital?

Yes, investing in Golub Capital may involve certain fees, including management fees and performance-based incentive fees. These fees are typically detailed in the company's filings, such as its annual reports and prospectuses, and they are designed to compensate the management team for successfully managing the portfolio.

How can investors buy shares of Golub Capital?

Investors can buy shares of Golub Capital through any brokerage firm that offers access to Nasdaq-listed stocks. They can purchase shares like any other public company, either through market orders, limit orders or in investment accounts such as individual retirement accounts (IRAs) or brokerage accounts.

How does Golub Capital contribute to community development?

Golub Capital contributes to community development by providing financing to middle-market companies that create jobs, foster innovation, and stimulate local economies. Through its investments, the company aims to support businesses that are dedicated to sustainable growth and positive community impact.

How does Golub Capital manage risk?

Golub Capital employs a comprehensive risk management approach that includes thorough due diligence, credit analysis, and portfolio diversification. By assessing the financial health and growth potential of target companies and diversifying its investments across various sectors, Golub Capital aims to mitigate risks associated with default or economic downturns.

How does Golub Capital source its investment opportunities?

Golub Capital sources investment opportunities through a combination of relationships with private equity sponsors, investment banking firms, and direct outreach to potential borrowers. The company leverages its extensive network and industry expertise to identify attractive investment prospects in the middle market.

How frequently does Golub Capital report its financial performance?

Golub Capital reports its financial performance on a quarterly basis, providing updates to shareholders on key metrics such as net investment income, net asset value, and portfolio performance. Annual reports also summarize the company’s financial health and strategic outlook for the future.

Is Golub Capital BDC, Inc. publicly traded?

Yes, Golub Capital BDC, Inc. is a publicly traded company listed on the Nasdaq Stock Market under the ticker symbol GBDC. Being publicly traded allows it to raise capital from a wider pool of investors while providing shareholders with liquidity and transparency.

What are the primary sources of income for Golub Capital?

The primary sources of income for Golub Capital include interest income generated from its loan investments, management and advisory fees, and potential capital gains from equity investments. The company aims to maintain a diversified investment portfolio that contributes to stable revenue generation.

What does Golub Capital BDC, Inc. do?

Golub Capital BDC, Inc. is a publicly traded business development company (BDC) that specializes in providing financing solutions primarily to middle-market companies. The firm focuses on originating, structuring, and managing investments in the form of senior secured loans, mezzanine debt, and equity investments. Golub Capital aims to generate income for its shareholders through interest income, management fees, and dividends.

What investment strategies does Golub Capital employ?

Golub Capital employs a variety of investment strategies, including direct lending, senior secured loans, mezzanine financing, and equity investments. The company's main focus is on providing flexible, customized financing solutions to its portfolio companies while managing risk through diligent underwriting and monitoring processes.

What is the competitive landscape for Golub Capital?

Golub Capital operates in a competitive landscape comprising other business development companies, private equity firms, and traditional lenders. To differentiate itself, Golub Capital focuses on its expertise in middle-market lending, strong relationships with borrowers and equity sponsors, and a commitment to delivering tailored financing solutions.

What is the current performance of Golub Capital's stock?

The current performance of Golub Capital's stock, as with any publicly traded company, can fluctuate based on market conditions, company performance, and overall economic trends. Investors are encouraged to review recent financial statements, market analysis, and stock performance reports to assess the company's current standing.

What is the dividend policy of Golub Capital?

Golub Capital has a history of paying regular dividends to its shareholders, which is a key attraction for investors looking for income. The company aims to distribute a significant portion of its taxable income as dividends, typically on a quarterly basis, thereby providing shareholders with a consistent income stream.

What is the investment focus of Golub Capital?

Golub Capital's investment focus centers on providing debt and equity financing solutions to middle-market companies that demonstrate strong management teams and reliable revenue streams. The company seeks to invest in businesses with potential for growth, allowing them to expand and develop while generating returns for its investors.

What is the significance of Golub Capital's investment grade ratings?

Golub Capital's investment grade ratings, if applicable, are significant because they reflect the company's creditworthiness and the quality of its investment portfolio. High ratings can lead to lower borrowing costs, enhanced investor confidence, and wider access to capital markets, which is crucial for a BDC's ongoing operations.

What regulatory oversight does Golub Capital operate under?

As a business development company, Golub Capital is regulated under the Investment Company Act of 1940. This regulation imposes specific requirements on BDCs related to capital, liquidity, earnings distributions, and reporting, ensuring a level of transparency and investor protection.

What types of companies does Golub Capital invest in?

Golub Capital primarily invests in middle-market companies across various industries, including but not limited to healthcare, technology, and consumer products. The company focuses on businesses with stable cash flows and strong management teams, seeking to foster long-term growth and development.

What types of loans does Golub Capital provide?

Golub Capital provides a variety of loans including senior secured loans, subordinated debt, and unitranche loans. Each loan type is structured to meet the specific financing needs of portfolio companies, often tailored in terms of size, interest rates, and repayment terms.

When was Golub Capital BDC, Inc. founded?

Golub Capital BDC, Inc. was founded in 2009 as an extension of Golub Capital, which has been providing financing to middle-market businesses since 1994. The BDC was created to allow for greater access to capital markets and to expand its investment offerings to a broader range of investors.

Who are the key executives at Golub Capital?

Golub Capital is led by a team of experienced executives, including its CEO, who has extensive experience in investment management and finance. The management team is supported by a skilled group of professionals specializing in various areas such as underwriting, portfolio management, and investor relations.

What is the current price of Golub Capital BDC, Inc. - Closed End Fund?

The current price of Golub Capital BDC, Inc. - Closed End Fund is 13.94

When was Golub Capital BDC, Inc. - Closed End Fund last traded?

The last trade of Golub Capital BDC, Inc. - Closed End Fund was at 2:55 pm EDT on April 4th, 2025