---
schema_version: "secwatch.filing_event.v1"
accession: "0001476765-25-000014"
form_type: "8-K"
ticker: "GBDC"
cik: "0001476765"
company_name: "GOLUB CAPITAL BDC, Inc."
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:25:09.710615+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Golub Capital BDC Q1 fiscal 2025 adjusted NII $0.39/sh, down from $0.47; NAV $15.13

## Summary
- Net investment income per share $0.37; adjusted net investment income per share $0.39 vs $0.47 prior quarter.
- Net asset value per share $15.13, down from $15.19 at Sept 30, 2024.
- Declares quarterly distribution of $0.39 per share, payable in March 2025.
- Investment portfolio at fair value $8.685B, up from $8.235B at Sept 30, 2024.

## SEC filing metadata
- accession: 0001476765-25-000014
- form_type: 8-K
- ticker: GBDC
- cik: 0001476765
- company_name: GOLUB CAPITAL BDC, Inc.
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476765/000147676525000014/0001476765-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476765/000147676525000014/gbdc-20250204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476765-25-000014
- JSON: https://secwatch.observer/filing/0001476765-25-000014.json
- Plain text: https://secwatch.observer/filing/0001476765-25-000014.txt

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