---
schema_version: "secwatch.filing_event.v1"
accession: "0001476765-25-000094"
form_type: "8-K"
ticker: "GBDC"
cik: "0001476765"
company_name: "GOLUB CAPITAL BDC, Inc."
filed_at: "2025-11-18T23:59:59+00:00"
generated_at: "2026-05-16T18:45:02.243244+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Golub Capital BDC Q4 NII $0.38/share, NAV $14.97; declares $0.39 dividend

## Summary
- Net investment income per share $0.38, flat QoQ; adjusted NII per share $0.39.
- Net asset value per share $14.97, down from $15.00 at June 30, 2025.
- Declares quarterly distribution of $0.39 per share, unchanged from prior quarter.
- Investment portfolio at fair value $8.77B, down from $8.96B sequentially.
- Total assets $8.98B vs $9.24B prior quarter; net realized/unrealized loss per share $(0.02).

## SEC filing metadata
- accession: 0001476765-25-000094
- form_type: 8-K
- ticker: GBDC
- cik: 0001476765
- company_name: GOLUB CAPITAL BDC, Inc.
- filed_at: 2025-11-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476765/000147676525000094/0001476765-25-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476765/000147676525000094/gbdc-20251118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476765-25-000094
- JSON: https://secwatch.observer/filing/0001476765-25-000094.json
- Plain text: https://secwatch.observer/filing/0001476765-25-000094.txt

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