Here are the 10-K annual reports from Golub Capital BDC, Inc. (GBDC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow GBDC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GBDC filings page.
GBDC’s 10-K portfolio section lists a large number of private company investments across many structures and issuers. The holdings are mainly described as “one stop” and senior secured loans, with additional second lien and subordinated debt positions in various borrowers.
The schedule also shows extensive equity and equity-like exposure, including preferred stock, common stock, LLC units, LP interests and warrants tied to many of these portfolio companies. It further notes positions in short-term liquidity vehicles such as institutional liquidity funds, illustrating a mix of yield-focused loans and minority ownership stakes.