Golub Capital BDC

-5.42%

Golub Capital BDC, Inc. is a publicly traded business development company (BDC) that invests primarily in middle-market companies in the United States. It was founded in 1994 and is headquartered in New York City.
The company’s primary investment objective is to generate current income and capital appreciation by investing in a portfolio of senior secured, one stop, and second lien loans, as well as in equity securities issued by middle-market companies. These companies typically have annual revenues between $10 million and $1 billion.
Golub Capital BDC is externally managed by Golub Capital Investment Advisers, LLC, a subsidiary of Golub Capital. The BDC is regulated by the Securities and Exchange Commission and is required to distribute at least 90% of its taxable income to shareholders in the form of dividends.
In addition to its core middle-market lending business, Golub Capital BDC also manages a number of other financing vehicles, including a publicly traded debt fund, a private debt fund, and a venture lending fund.
The company’s stock is listed on the NASDAQ Stock Exchange under the ticker symbol GBDC.

1. Leading Middle-Market Investment Firm: Golub Capital BDC is one of the largest and most established middle-market investment firms in the United States, with over $30 billion in assets under management.
2. Experienced Management Team: The company’s management team has extensive experience in middle-market lending and has a proven track record of successfully navigating different economic cycles.
3. Diversified Portfolio: Golub Capital BDC has a well-diversified portfolio of investments across various industries, reducing the risk of any single company impacting its performance.
4. Focus on Quality: The company follows a disciplined approach to investing, focusing on high-quality middle-market companies with strong management teams and stable cash flows.
5. Flexible Financing Solutions: Golub Capital BDC offers a range of financing solutions to its portfolio companies, including senior secured loans, unitranche loans, and equity co-investments, providing companies with the flexibility they need to grow.
6. Strong Financial Performance: The company has consistently delivered strong financial results, with consistent dividend payouts and a strong track record of portfolio growth.
7. Investor-Friendly Policies: Golub Capital BDC has a strong commitment to shareholder value and regularly returns excess capital to shareholders through share buybacks and special dividends.
8. Strong Network: The company has a wide network of relationships with private equity firms, investment banks, and middle-market companies, providing it with a steady pipeline of investment opportunities.
9. Emphasis on Risk Management: Golub Capital BDC has a robust risk management framework in place, with a team dedicated to monitoring and managing portfolio risk at all times.
10. Corporate Social Responsibility: The company is committed to supporting its local communities through its philanthropic initiatives and promoting responsible and sustainable business practices.