Golub Capital BDC (GBDC) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
4 Feb, 2026Opening remarks and agenda
The meeting was called to order by the CFO and Treasurer, with board members, officers, and an audit partner present.
Stockholders were welcomed and thanked for their virtual attendance.
Shareholder proposals
Two items were up for vote: election of two Class I directors and ratification of the independent public accounting firm.
Voting procedures and eligibility were outlined, with a list of stockholders of record maintained.
Overview of voting outcomes
David B. Golub and Anita J. Rival were elected as Class I directors for all three companies.
Ernst & Young was ratified as the independent registered public accounting firm for the fiscal year ending September 30, 2026.
A quorum was present, and the meeting was declared duly convened and competent to transact business.
Latest events from Golub Capital BDC
- Earnings per share rebounded to $0.22, with stable income, strong liquidity, and rising non-accruals.GBDC
Q3 2026 - Consistent outperformance with low defaults and a 9.4% IRR since 2010 in middle market lending.GBDC
Investor presentation - NAV per share dropped to $14.35 on unrealized losses, but portfolio quality and liquidity remain strong.GBDC
Q2 2026 - Consistent outperformance driven by disciplined middle market lending and low credit losses.GBDC
investor presentation - Adjusted NII per share was $0.38, NAV fell to $14.84, and the base dividend was reset to $0.33.GBDC
Q1 2026 - Solid adjusted NII, portfolio growth, and strong liquidity despite NAV decline.GBDC
Q4 2024 - NAV per share rose to $15.32, with strong portfolio growth and multiple distributions declared.GBDC
Q3 2024 - Stable adjusted NII, strong liquidity, and a 10.3% NAV yield amid market volatility.GBDC
Q2 2025 - Adjusted NII per share was $0.39, with portfolio growth and low non-accruals.GBDC
Q1 2025