Golub Capital: Stepping Up To A Higher Net Income Level After A Double-Barreled Fee Cut

Lemon_tm 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 3.1% total NAV return. It trades at an 11.6% total dividend yield and a 5% premium to book. Its net income yield is 12.6%. 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. GBDC Quarter Update Adjusted net income for the q ...