---
schema_version: "secwatch.filing_event.v1"
accession: "0001476765-23-000061"
form_type: "8-K"
ticker: "GBDC"
cik: "0001476765"
company_name: "GOLUB CAPITAL BDC, Inc."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T04:05:27.963266+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Record Adjusted NII $0.44/sh, dividend +12% to $0.37/sh, fee reduction to 1.0%

## Summary
- Record adjusted net investment income of $0.44 per share for Q3 FY2023 (ended June 30, 2023).
- Base quarterly distribution increased 12% to $0.37 per share; supplemental distribution of $0.04 per share declared.
- Permanent base management fee reduction from 1.375% to 1.0% of average adjusted gross assets, effective July 1, 2023.
- Fee reduction estimated to add ~$0.10 per annum to adjusted net investment income per share.
- Net asset value per share increased to $14.83 from $14.73; total investment portfolio at fair value $5.5B.

## SEC filing metadata
- accession: 0001476765-23-000061
- form_type: 8-K
- ticker: GBDC
- cik: 0001476765
- company_name: GOLUB CAPITAL BDC, Inc.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476765/000147676523000061/0001476765-23-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476765/000147676523000061/gbdc-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476765-23-000061
- JSON: https://secwatch.observer/filing/0001476765-23-000061.json
- Plain text: https://secwatch.observer/filing/0001476765-23-000061.txt

## Key facts
- Earnings Releases
  GOLUB CAPITAL BDC, Inc. reported its third fiscal quarter ended June 30, 2023 results: EPS record Adjusted Net Investment Income of $0.44 per share.
  - Period: its third fiscal quarter ended June 30, 2023
  - EPS: record Adjusted Net Investment Income of $0.44 per share
  - Result: reported results
  source text: On August 7, 2023 , Golub Capital BDC, Inc. issued a press release announcing its financial results for its third fiscal quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476765/000147676523000061/0001476765-23-000061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.