---
schema_version: "secwatch.filing_event.v1"
accession: "0001476765-24-000005"
form_type: "8-K"
ticker: "GBDC"
cik: "0001476765"
company_name: "GOLUB CAPITAL BDC, Inc."
filed_at: "2024-01-17T23:59:59+00:00"
generated_at: "2026-06-06T22:32:08.203479+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Golub Capital BDC posts record adjusted NII; raises quarterly distribution to $0.39, adviser cuts incentive fees

## Summary
- Preliminary adjusted NII per share $0.49-$0.51, a record; EPS $0.43-$0.47.
- Quarterly base distribution increased 5.4% to $0.39 from $0.37; payable Mar 29, 2024.
- Adviser GC Advisors unilaterally waives incentive fees, reducing rates from 20% to 15%.
- Estimated NAV per share $15.01-$15.05, roughly flat from $15.02 at Sept 30, 2023.
- New middle-market commitments $58.6M; non-accruals stable at 1.1% of fair value.

## SEC filing metadata
- accession: 0001476765-24-000005
- form_type: 8-K
- ticker: GBDC
- cik: 0001476765
- company_name: GOLUB CAPITAL BDC, Inc.
- filed_at: 2024-01-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476765/000147676524000005/0001476765-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476765/000147676524000005/gbdc-20240117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476765-24-000005
- JSON: https://secwatch.observer/filing/0001476765-24-000005.json
- Plain text: https://secwatch.observer/filing/0001476765-24-000005.txt

## Key facts
- Earnings Releases
  GOLUB CAPITAL BDC, Inc. reported first fiscal quarter ended December 31, 2023 results: EPS $0.43 $0.47.
  - Period: first fiscal quarter ended December 31, 2023
  - EPS: $0.43 $0.47
  - Result: preliminary results
  source text: On January 17, 2024 , Golub Capital BDC, Inc. issued a press release announcing certain preliminary estimates of its financial condition and results of operations for its first fiscal quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476765/000147676524000005/0001476765-24-000005-index.htm

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