Golub Capital BDC: Record Earnings, Lower Fees, 11% Yield

8vFanI Rising interest rates have been a boon to Business Development Companies, known as BDC's, over the past 1 year-plus. Several of them have reported record earnings, including Golub Capital BDC (NASDAQ:GBDC), which saw 55% growth in Investment Income and 49% growth in Net Investment Income, NII in its fiscal year ending 9/30/23. 99% of its debt investments are at floating rates. Company Profile: Golub Capital BDC is an externally managed, closed-end, non-diversified management investment company th ...