[10-Q] GOLUB CAPITAL BDC, Inc. Quarterly Earnings Report

Rhea-AI Filing Summary

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Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Jeppesen Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PPW Aero Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PPW Aero Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PPW Aero Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765PPW Aero Buyer, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765PPW Aero Buyer, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765PPW Aero Buyer, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765PPW Aero Buyer, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Titan BW Borrower L.P. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Titan BW Borrower L.P. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Titan BW Borrower L.P. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:AerospaceAndDefenseSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765RJW Group Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765RJW Group Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765RJW Group Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765RJW Group Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:AirFreightAndLogisticsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Arnott, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Arnott, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Collision SP Subco, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Collision SP Subco, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Collision SP Subco, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Collision SP Subco, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Collision SP Subco, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Covercraft Parent III, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Covercraft Parent III, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Covercraft Parent III, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765North Haven Falcon Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765North Haven Falcon Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765North Haven Falcon Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765OEConnection, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765OEConnection, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765OEConnection, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:AutoComponentsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765CAP-KSI Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CAP-KSI Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CG Group Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CG Group Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 11 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 12 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 13 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 14 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 15 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 16 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 17 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 18 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | One stop 19 | Non-Affiliated Issuer2025-12-310001476765Denali Midco 2, LLC | Second lien | Non-Affiliated Issuer2025-12-310001476765High Bar Brands Operating, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765High Bar Brands Operating, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765High Bar Brands Operating, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765High Bar Brands Operating, LLC | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765JHCC Holdings LLC | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Lincoln Acq Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Lincoln Acq Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Lincoln Acq Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 10 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 11 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 12 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 13 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 14 | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | One stop 15 | Non-Affiliated Issuer2025-12-310001476765National Express Wash Parent Holdco, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765National Express Wash Parent Holdco, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765National Express Wash Parent Holdco, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765National Express Wash Parent Holdco, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Quick Quack Car Wash Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Quick Quack Car Wash Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Quick Quack Car Wash Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Quick Quack Car Wash Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Quick Quack Car Wash Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765TWAS Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765TWAS Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765TWAS Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Yorkshire Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Yorkshire Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Yorkshire Parent, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Yorkshire Parent, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Yorkshire Parent, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:AutomobilesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Empyrean Solutions, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Empyrean Solutions, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Empyrean Solutions, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765OSP Hamilton Purchaser, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765OSP Hamilton Purchaser, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765OSP Hamilton Purchaser, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765OSP Hamilton Purchaser, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:BanksSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Financial Information Technologies, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Financial Information Technologies, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Financial Information Technologies, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Financial Information Technologies, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Spindrift Beverage Co. Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Spindrift Beverage Co. Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Spindrift Beverage Co. Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Watermill Express, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Watermill Express, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Watermill Express, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Watermill Express, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Watermill Express, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Watermill Express, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Watermill Express, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Watermill Express, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Winebow Holdings, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:BeveragesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765BECO Holding Company, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765BECO Holding Company, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765BECO Holding Company, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765BECO Holding Company, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:BuildingProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765BlueMatrix Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765BlueMatrix Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765BlueMatrix Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765BlueMatrix Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765BlueMatrix Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:CapitalMarketsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765AP Adhesives Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765AP Adhesives Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765AP Adhesives Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Inhance Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Inhance Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Inhance Parent, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765JSG II, Inc. and Checkers USA, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765JSG II, Inc. and Checkers USA, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765JSG II, Inc. and Checkers USA, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Krayden Holdings, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Krayden Holdings, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Krayden Holdings, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765PHM NL SP Bidco B.V. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PHM NL SP Bidco B.V. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PHM NL SP Bidco B.V. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765PHM NL SP Bidco B.V. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMemberus-gaap:ChemicalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765CHA Vision Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CHA Vision Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CHA Vision Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765CHA Vision Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765CHA Vision Holdings, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765CI (Quercus) Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CI (Quercus) Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CI (Quercus) Intermediate Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765CI (Quercus) Intermediate Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Dispatch Acquisition Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Dispatch Acquisition Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Kleinfelder Intermediate, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Kleinfelder Intermediate, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Kleinfelder Intermediate, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Pearl Acquisition Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Pearl Acquisition Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Pearl Acquisition Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Profile Products LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Profile Products LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Profile Products LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Profile Products LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765PSC Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PSC Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PSC Parent, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765PSC Parent, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765PT Intermediate Holdings III, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PT Intermediate Holdings III, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Radwell Parent, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Radwell Parent, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Radwell Parent, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Trinity Air Consultants Holdings Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Trinity Air Consultants Holdings Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Trinity Air Consultants Holdings Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Trinity Air Consultants Holdings Corporation | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Trinity Air Consultants Holdings Corporation | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Trinity Air Consultants Holdings Corporation | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Trinity Air Consultants Holdings Corporation | One stop 7 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 9 | Non-Affiliated Issuer2025-12-310001476765WRE Holding Corp. | One stop 10 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:CommercialServicesSuppliesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Lightning Finco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Lightning Finco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:CommunicationsEquipmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Consor Intermediate II, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Consor Intermediate II, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Consor Intermediate II, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765DCCM, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765DCCM, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765DCCM, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Royal Holdco Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Royal Holdco Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Royal Holdco Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:ConstructionEngineeringSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Chase Intermediate | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Chase Intermediate | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Chase Intermediate | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Chase Intermediate | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Fortis Solutions Group, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Fortis Solutions Group, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Fortis Solutions Group, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Fortis Solutions Group, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Packaging Coordinators Midco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Packaging Coordinators Midco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Packaging Coordinators Midco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Packaging Coordinators Midco, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Packaging Coordinators Midco, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Packaging Coordinators Midco, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Packaging Coordinators Midco, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMemberus-gaap:ContainerAndPackagingSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765ABC Legal Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ABC Legal Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ABC Legal Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Action Termite Control, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Action Termite Control, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Action Termite Control, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Any Hour, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Any Hour, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Any Hour, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Any Hour, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Apex Service Partners, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Apex Service Partners, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Apex Service Partners, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Apex Service Partners, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Apex Service Partners, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Apex Service Partners, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Aptive Environmental, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Aptive Environmental, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Aptive Environmental, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 11 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 12 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 13 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 14 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 15 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 16 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 17 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 18 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 19 | Non-Affiliated Issuer2025-12-310001476765Certus Pest, Inc. | One stop 20 | Non-Affiliated Issuer2025-12-310001476765CHHJ Midco, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765CHHJ Midco, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765CHVAC Services Investment, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CHVAC Services Investment, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CHVAC Services Investment, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765CHVAC Services Investment, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 6 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 7 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 8 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 9 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 10 | Non-Affiliated Issuer2025-12-310001476765COP Hometown Acquisitions, Inc. | Senior secured 11 | Non-Affiliated Issuer2025-12-310001476765EMS LINQ, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765EMS LINQ, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Entomo Brands Acquisitions, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Entomo Brands Acquisitions, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Entomo Brands Acquisitions, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765EWC Growth Partners LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765EWC Growth Partners LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765EWC Growth Partners LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765EWC Growth Partners LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765FPG Intermediate Holdco, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765FPG Intermediate Holdco, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765FPG Intermediate Holdco, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765FPG Intermediate Holdco, LLC | Senior secured | Non-Affiliated Issuer2025-12-310001476765FPG Intermediate Holdco, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765FSS Buyer LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765FSS Buyer LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765HS Spa Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765HS Spa Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765HS Spa Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Kodiak Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Kodiak Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Kodiak Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Liminex, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Liminex, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Liminex, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Liminex, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Litera Bidco, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Litera Bidco, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Litera Bidco, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Litera Bidco, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Mario Purchaser, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Mario Purchaser, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Mario Purchaser, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Mario Purchaser, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Mario Purchaser, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765NSG Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765NSG Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765NSG Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765PADI Holdco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PADI Holdco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PADI Holdco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765PADI Holdco, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765PADI Holdco, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765PADI Holdco, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Provenance Buyer LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Provenance Buyer LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Provenance Buyer LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765RW AM Holdco LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765RW AM Holdco LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Salisbury House, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Salisbury House, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Salisbury House, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765SCP CDH Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765SCP CDH Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765SCP CDH Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Severin Acquisition, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Severin Acquisition, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Severin Acquisition, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Stellar Brands, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Stellar Brands, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Virginia Green Acquisition, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Virginia Green Acquisition, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Virginia Green Acquisition, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Virginia Green Acquisition, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:DiversifiedConsumerServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Baker Tilly Advisory Group, LP | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Baker Tilly Advisory Group, LP | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Baker Tilly Advisory Group, LP | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Baker Tilly Advisory Group, LP | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Banker's Toolbox, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Banker's Toolbox, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Banker's Toolbox, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Ceres Groupe SAS & Ceres PikCo | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Ceres Groupe SAS & Ceres PikCo | Subordinated debt | Non-Affiliated Issuer2025-12-310001476765Ceres Groupe SAS & Ceres PikCo | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Ceres Groupe SAS & Ceres PikCo | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Corsair Blade IV S.A R.L. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Corsair Blade IV S.A R.L. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Deerfield Dakota Holding, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Deerfield Dakota Holding, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Equity Methods, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Equity Methods, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Equity Methods, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Finastra USA, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765Flash Topco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Flash Topco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Flash Topco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Higginbotham Insurance Agency, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Higginbotham Insurance Agency, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Higginbotham Insurance Agency, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Medlar Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Medlar Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Medlar Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Wealth Enhancement Group, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Wealth Enhancement Group, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Wealth Enhancement Group, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Wealth Enhancement Group, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Wealth Enhancement Group, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Wealth Enhancement Group, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Wealth Enhancement Group, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:DiversifiedFinancialServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:DiversifiedTelecommunicationServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Smart Energy Systems, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Smart Energy Systems, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:ElectricUtilitiesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Power Grid Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Power Grid Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Wildcat TopCo, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Wildcat TopCo, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Wildcat TopCo, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:ElectricalEquipmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765CST Holding Company | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CST Holding Company | One stop 2 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:ElectronicEquipmentInstrumentsComponentsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765GMF Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765GMF Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765GMF Parent, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765GMF Parent, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | One stop 10 | Non-Affiliated Issuer2025-12-310001476765PDI TA Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PDI TA Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Wineshipping.com LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Wineshipping.com LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Wineshipping.com LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Wineshipping.com LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:FoodAndStaplesRetailingSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Blast Bidco Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Blast Bidco Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Eagle Family Foods Group, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Eagle Family Foods Group, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Kodiak Cakes, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Kodiak Cakes, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Louisiana Fish Fry Products, Ltd. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Louisiana Fish Fry Products, Ltd. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765MAPF Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765MAPF Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765MAPF Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765MAPF Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765P&P Food Safety Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765P&P Food Safety Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765P&P Food Safety Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765P&P Food Safety Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Sphynx UK Bidco, Ltd. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Sphynx UK Bidco, Ltd. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Sphynx UK Bidco, Ltd. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Wizard Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Wizard Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Wizard Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Wizard Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Zullas, L.C. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Zullas, L.C. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Zullas, L.C. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:FoodProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Aspen Medical Products, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Aspen Medical Products, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Aspen Medical Products, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Aspen Medical Products, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Baduhenna Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Baduhenna Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Baduhenna Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Baduhenna Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Baduhenna Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Baduhenna Bidco Limited | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Belmont Instrument, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Belmont Instrument, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Blades Buyer, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Blades Buyer, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Blades Buyer, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Blades Buyer, Inc. | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765Blades Buyer, Inc. | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765Blades Buyer, Inc. | Senior secured 6 | Non-Affiliated Issuer2025-12-310001476765Blades Buyer, Inc. | Senior secured 7 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 11 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 12 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 13 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 14 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 15 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 16 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 17 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 18 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 19 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 20 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 21 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 22 | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | One stop 23 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 10 | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | One stop 11 | Non-Affiliated Issuer2025-12-310001476765Centegix Intermediate II, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Centegix Intermediate II, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Centegix Intermediate II, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765CMI Parent Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CMI Parent Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CMI Parent Inc. | Senior secured | Non-Affiliated Issuer2025-12-310001476765CMI Parent Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765CMI Parent Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765HuFriedy Group Acquisition, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765HuFriedy Group Acquisition, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765HuFriedy Group Acquisition, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765HuFriedy Group Acquisition, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Isto Group, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Isto Group, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Isto Group, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765JHC Investment Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765JHC Investment Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765RTI Surgical, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765RTI Surgical, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765TIDI Legacy Products, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765TIDI Legacy Products, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765TIDI Legacy Products, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765YI, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765YI, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ZimVie, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ZimVie, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ZimVie, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareEquipmentAndSuppliesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765AAH TOPCO, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765AAH TOPCO, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765AAH TOPCO, LLC | Subordinated debt | Non-Affiliated Issuer2025-12-310001476765AAH TOPCO, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765AAH TOPCO, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765AAH TOPCO, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 11 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 12 | Non-Affiliated Issuer2025-12-310001476765Active Day, Inc. | One stop 13 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 11 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 12 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 13 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | Senior secured | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 14 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 15 | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | One stop 16 | Non-Affiliated Issuer2025-12-310001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | Subordinated debt 1 | Non-Affiliated Issuer2025-12-310001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | Subordinated debt 2 | Non-Affiliated Issuer2025-12-310001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | Subordinated debt 3 | Non-Affiliated Issuer2025-12-310001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Bamboo US Bidco LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Bamboo US Bidco LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Bamboo US Bidco LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Bamboo US Bidco LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Bamboo US Bidco LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Bamboo US Bidco LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Bayou Intermediate II, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Bayou Intermediate II, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Bayou Intermediate II, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Benefit Plan Administrators of Eau Claire, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Benefit Plan Administrators of Eau Claire, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Benefit Plan Administrators of Eau Claire, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Benefit Plan Administrators of Eau Claire, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765BHG Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765BHG Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765BHG Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Community Care Partners, LLC | One stop | Non-Affiliated Issuer2025-12-310001476765Datix Bidco Limited and RL Datix Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Datix Bidco Limited and RL Datix Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Datix Bidco Limited and RL Datix Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Datix Bidco Limited and RL Datix Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 11 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 12 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 13 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 14 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 15 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 16 | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | One stop 17 | Non-Affiliated Issuer2025-12-310001476765ERC Topco Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ERC Topco Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ERC Topco Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Heartland Veterinary Partners LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Heartland Veterinary Partners LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Heartland Veterinary Partners LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765HP TLE Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765HP TLE Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | Senior secured 6 | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | Senior secured 7 | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | One stop | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | Senior secured 8 | Non-Affiliated Issuer2025-12-310001476765LOV Acquisition LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765LOV Acquisition LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765New Look Corporation and New Look Vision Group Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765New Look Corporation and New Look Vision Group Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765New Look Corporation and New Look Vision Group Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765New Look Corporation and New Look Vision Group Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765New Look Corporation and New Look Vision Group Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765New Look Corporation and New Look Vision Group Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765New Look Corporation and New Look Vision Group Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765New Look Corporation and New Look Vision Group Inc. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | One stop 11 | Non-Affiliated Issuer2025-12-310001476765PPV Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PPV Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PPV Intermediate Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765PPV Intermediate Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765PPV Intermediate Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765PPV Intermediate Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765PPV Intermediate Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765PPV Intermediate Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Premise Health Holding Corp. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Premise Health Holding Corp. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Premise Health Holding Corp. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Premise Health Holding Corp. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 11 | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | One stop 12 | Non-Affiliated Issuer2025-12-310001476765Suveto Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Suveto Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Suveto Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareProvidersAndServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Amberfield Acquisition Co. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Amberfield Acquisition Co. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Amberfield Acquisition Co. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Color Intermediate, LLC | Senior secured | Non-Affiliated Issuer2025-12-310001476765Connexin Software, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Connexin Software, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Crow River Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Crow River Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Crow River Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765ESO Solution, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ESO Solution, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ESO Solution, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765GHX Ultimate Parent Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765GHX Ultimate Parent Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Healthmark Holdings, L.P. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Healthmark Holdings, L.P. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Healthmark Holdings, L.P. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Kona Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Kona Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Kona Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Kona Buyer, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Kona Buyer, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Kona Buyer, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Kona Buyer, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Kona Buyer, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Lacker Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Lacker Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Lacker Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Lacker Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Modernizing Medicine, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Modernizing Medicine, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Neptune Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Neptune Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Netsmart Technologies, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765Netsmart Technologies, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Netsmart Technologies, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Netsmart Technologies, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Plasma Buyer LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Plasma Buyer LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Plasma Buyer LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765QF Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765QF Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765QF Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Signant Finance One Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Signant Finance One Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Signant Finance One Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Transaction Data Systems, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Transaction Data Systems, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareTechnologySectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Barteca Restaurants, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Barteca Restaurants, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Barteca Restaurants, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Barteca Restaurants, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765BJH Holdings III Corp. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765BJH Holdings III Corp. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765BJH Holdings III Corp. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 10 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 11 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 12 | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | One stop 13 | Non-Affiliated Issuer2025-12-310001476765CB Sports Holdings Bidco, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CB Sports Holdings Bidco, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CB Sports Holdings Bidco, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765CB Sports Holdings Bidco, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765CR Fitness Holdings, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765CR Fitness Holdings, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765CR Fitness Holdings, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Crumbl Enterprises, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Crumbl Enterprises, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 9 | Non-Affiliated Issuer2025-12-310001476765ESN Venture Holdings, LLC | One stop 10 | Non-Affiliated Issuer2025-12-310001476765GFP Atlantic Holdco 2, LLC | One stop 11 | Non-Affiliated Issuer2025-12-310001476765GFP Atlantic Holdco 2, LLC | One stop 12 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Health Buyer, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Health Buyer, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Health Buyer, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Olo Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Olo Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Patriot Acquireco, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Patriot Acquireco, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PB Group Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PB Group Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765QSR Acquisition Co. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765QSR Acquisition Co. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765QSR Acquisition Co. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Rooster BidCo Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Rooster BidCo Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Rooster BidCo Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Saguaro Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Saguaro Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Saguaro Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Saguaro Buyer, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765SDC Holdco, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765SDC Holdco, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765SSRG Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765SSRG Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765SSRG Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765SSRG Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765SSRG Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765SSRG Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765YE Brands Holding, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765YE Brands Holding, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765YE Brands Holding, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:HotelsRestaurantsLeisureSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765TLB Holdings I, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765TLB Holdings I, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765TLB Holdings I, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:HouseholdDurablesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765WU Holdco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765WU Holdco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765WU Holdco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:HouseholdProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Arch Global CCT Holdings Corp. | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Arch Global CCT Holdings Corp. | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Arch Global CCT Holdings Corp. | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Dwyer Instruments, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Dwyer Instruments, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Dwyer Instruments, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Dwyer Instruments, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Dwyer Instruments, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Dwyer Instruments, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Dwyer Instruments, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Dwyer Instruments, Inc. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765Dwyer Instruments, Inc. | One stop 9 | Non-Affiliated Issuer2025-12-310001476765Essential Services Holdings Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Essential Services Holdings Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Essential Services Holdings Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Excelitas Technologies Corp. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Excelitas Technologies Corp. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Excelitas Technologies Corp. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Excelitas Technologies Corp. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:IndustrialConglomeratesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765AMBA Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765AMBA Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765AMBA Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765AMBA Buyer, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765AMBA Buyer, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Bellwether Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Bellwether Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Bellwether Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Ben Nevis Midco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Ben Nevis Midco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Ben Nevis Midco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Ben Nevis Midco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Captive Resources Midco, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Captive Resources Midco, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Doxa Insurance Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Doxa Insurance Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Doxa Insurance Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Doxa Insurance Holdings LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Gimlet Bidco GMBH | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Gimlet Bidco GMBH | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Gimlet Bidco GMBH | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Huskies Parent, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765Illumifin Corporation | One stop | Non-Affiliated Issuer2025-12-310001476765Integrity Marketing Acquisition, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Integrity Marketing Acquisition, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Integrity Marketing Acquisition, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765J.S. Held Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765J.S. Held Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765J.S. Held Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Koala Investment Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Koala Investment Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Koala Investment Holdings, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765Majesco | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Majesco | One stop 2 | Non-Affiliated Issuer2025-12-310001476765MRH Trowe Germany GMBH | One stop 1 | Non-Affiliated Issuer2025-12-310001476765MRH Trowe Germany GMBH | One stop 2 | Non-Affiliated Issuer2025-12-310001476765MRH Trowe Germany GMBH | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Oakbridge Insurance Agency LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Oakbridge Insurance Agency LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Oakbridge Insurance Agency LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Oakbridge Insurance Agency LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Oakbridge Insurance Agency LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Pareto Health Intermediate Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Pareto Health Intermediate Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Pareto Health Intermediate Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Patriot Growth Insurance Services, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Patriot Growth Insurance Services, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Patriot Growth Insurance Services, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Patriot Growth Insurance Services, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765People Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765People Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765People Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765People Corporation | One stop 4 | Non-Affiliated Issuer2025-12-310001476765People Corporation | One stop 5 | Non-Affiliated Issuer2025-12-310001476765People Corporation | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Wasabi Lower Holdco, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Wasabi Lower Holdco, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765World Insurance Associates, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765World Insurance Associates, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:InsuranceSectorsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Revalize, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | One stop 8 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:InternetAndDirectMarketingRetailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Acquia, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Acquia, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Acquia, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765CivicPlus, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CivicPlus, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CivicPlus, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765CivicPlus, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765CivicPlus, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765ContractPod Technologies, Ltd. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ContractPod Technologies, Ltd. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ContractPod Technologies, Ltd. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Critical Start, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765Critical Start, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Critical Start, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Delinea Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Delinea Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Delinea Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Delinea Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Goldcup 31018 AB | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Goldcup 31018 AB | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Goldcup 31018 AB | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Kentik Technologies, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Kentik Technologies, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Kentik Technologies, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Kentik Technologies, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Netwrix Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Netwrix Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Netwrix Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Netwrix Corporation | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Optimizely North America, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Optimizely North America, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Optimizely North America, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Optimizely North America, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765PDQ.com Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PDQ.com Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PDQ.com Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765ReliaQuest Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ReliaQuest Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ReliaQuest Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765ReliaQuest Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Saturn Borrower Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Saturn Borrower Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765WPEngine, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765WPEngine, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Zarya Holdco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Zarya Holdco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Zarya Holdco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:ITServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Crunch Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Crunch Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Movement Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Movement Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Movement Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:LeisureProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Celerion Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Celerion Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Celerion Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Celerion Buyer, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Diamondback Acquisition, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Diamondback Acquisition, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Diamondback Acquisition, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765PAS Parent Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PAS Parent Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PAS Parent Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Unchained Labs, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Unchained Labs, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Unchained Labs, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:LifeSciencesToolsServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765AI Titan Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765AI Titan Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765AI Titan Parent, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Blackbird Purchaser, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Blackbird Purchaser, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Blackbird Purchaser, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Chase Industries, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Chase Industries, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Chase Industries, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Thermogenics, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Thermogenics, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Thermogenics, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Thermogenics, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Thermogenics, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Thermogenics, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:MachinerySectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Project Nike Purchaser, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Project Nike Purchaser, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Project Nike Purchaser, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:MarineSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Lotus Topco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Lotus Topco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Lotus Topco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Lotus Topco, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Shout! Factory, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Shout! Factory, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Triple Lift, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Triple Lift, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Triple Lift, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:MediaSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Edition Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Edition Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Edition Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Edition Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:OilGasConsumableFuelsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Messenger, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Messenger, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Messenger, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Messenger, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Messenger, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Messenger, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Messenger, LLC | One stop 7 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:PaperAndForestProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765ACP Ulysses Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ACP Ulysses Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ACP Ulysses Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Amalthea Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Amalthea Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Apothecary Products, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Apothecary Products, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Caerus Midco 3 S.A.R.L. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Caerus Midco 3 S.A.R.L. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Caerus Midco 3 S.A.R.L. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Caerus Midco 3 S.A.R.L. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Caerus Midco 3 S.A.R.L. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Cobalt Buyer Sub, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Cobalt Buyer Sub, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Cobalt Buyer Sub, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Cobalt Buyer Sub, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Cobalt Buyer Sub, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Cobalt Buyer Sub, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Creek Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Creek Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | Senior secured 6 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:PharmaceuticalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765ALKU Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ALKU Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765bswift, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765bswift, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765bswift, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Denali Intermediate Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Denali Intermediate Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765DISA Holdings Corp. | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765DISA Holdings Corp. | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765DISA Holdings Corp. | One stop | Non-Affiliated Issuer2025-12-310001476765DISA Holdings Corp. | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765DISA Holdings Corp. | Subordinated debt | Non-Affiliated Issuer2025-12-310001476765DISA Holdings Corp. | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765DISA Holdings Corp. | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765Eclipse Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Eclipse Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Eclipse Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Eliassen Group, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Eliassen Group, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765IG Investments Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765IG Investments Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765NBG Acquisition Corp. and NBG-P Acquisition Corp. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765NBG Acquisition Corp. and NBG-P Acquisition Corp. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765NBG Acquisition Corp. and NBG-P Acquisition Corp. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765PlanSource Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PlanSource Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PlanSource Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765PlanSource Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Procure Acquireco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Procure Acquireco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Procure Acquireco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Procure Acquireco, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Procure Acquireco, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Teaching Company, The | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Teaching Company, The | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Varicent Intermediate Holdings Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Varicent Intermediate Holdings Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Varicent Intermediate Holdings Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Varicent Intermediate Holdings Corporation | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Varicent Intermediate Holdings Corporation | One stop 5 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:ProfessionalServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Inhabit IQ Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Inhabit IQ Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Inhabit IQ Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765MRI Software, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765MRI Software, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765MRI Software, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765MRI Software, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765RPL Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765RPL Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765RPL Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765RPL Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765RPL Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:RealEstateManagementDevelopmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Internet Truckstop Group, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Internet Truckstop Group, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Internet Truckstop Group, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:RoadRailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Anaplan, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Anaplan, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Appfire Technologies, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Appfire Technologies, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Appfire Technologies, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Appfire Technologies, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Aras Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Aras Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Armstrong Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Armstrong Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Arrow Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Arrow Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Arrow Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Artifact Bidco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Artifact Bidco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Artifact Bidco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Artifact Bidco, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Auvik Networks Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Auvik Networks Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Auvik Networks Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Auvik Networks Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Azurite Intermediate Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Azurite Intermediate Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Azurite Intermediate Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Baxter Planning Systems, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Baxter Planning Systems, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Baxter Planning Systems, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Bayshore Intermediate #2, L.P. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Bayshore Intermediate #2, L.P. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765BestPass, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765BestPass, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765BestPass, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Bloomerang, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Bloomerang, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Bloomerang, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Blue Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Blue Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Blue Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Blue Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Blue Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Bottomline Technologies, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Bottomline Technologies, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Bullhorn, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Bullhorn, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Bullhorn, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Bullhorn, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Bullhorn, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Bullhorn, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Burning Glass Intermediate Holdings Company, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Burning Glass Intermediate Holdings Company, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Bynder BidCo, Inc.& Bynder BidCo B.V. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Bynder BidCo, Inc.& Bynder BidCo B.V. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Bynder BidCo, Inc.& Bynder BidCo B.V. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Bynder BidCo, Inc.& Bynder BidCo B.V. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Camelia Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Camelia Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Camelia Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Camelia Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765CB Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CB Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CB Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Coupa Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Coupa Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Coupa Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Crewline Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Crewline Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Daxko Acquisition Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Daxko Acquisition Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Daxko Acquisition Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Daxko Acquisition Corporation | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Daxko Acquisition Corporation | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Denali Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Denali Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Denali Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Denali Bidco Limited | Subordinated debt 1 | Non-Affiliated Issuer2025-12-310001476765Denali Bidco Limited | Subordinated debt 2 | Non-Affiliated Issuer2025-12-310001476765Diligent Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Diligent Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Diligent Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Diligent Corporation | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Einstein Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Einstein Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Espresso Bidco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Espresso Bidco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Espresso Bidco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Evergreen IX Borrower 2023, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Evergreen IX Borrower 2023, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Evergreen IX Borrower 2023, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765FirstUp, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765FirstUp, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765FirstUp, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Flexera Software, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Flexera Software, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Flexera Software, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Flexera Software, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Gainsight, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Gainsight, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765GS Acquisitionco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765GS Acquisitionco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765GS Acquisitionco, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765GTIV, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765GTIV, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765GTY Technology Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765GTY Technology Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765GTY Technology Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765GTY Technology Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765GTY Technology Holdings, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765GTY Technology Holdings, Inc. | One stop 6 | Non-Affiliated Issuer2025-12-310001476765GTY Technology Holdings, Inc. | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Gurobi Optimization, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Gurobi Optimization, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Hyland Software, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Hyland Software, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Icefall Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Icefall Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ICIMS, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ICIMS, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765IQN Holding Corp. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765IQN Holding Corp. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765IQN Holding Corp. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Island Bidco AB | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Island Bidco AB | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Island Bidco AB | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Island Bidco AB | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Island Bidco AB | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Kairos Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Kairos Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Kairos Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Kairos Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765LeadsOnline, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765LeadsOnline, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765LeadsOnline, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765LeadsOnline, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Lighthouse Bidco GMBH | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Lighthouse Bidco GMBH | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Lighthouse Bidco GMBH | One stop 3 | Non-Affiliated Issuer2025-12-310001476765LogicMonitor, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765LogicMonitor, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765LogicMonitor, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Matrix42 Holding GMBH | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Matrix42 Holding GMBH | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Matrix42 Holding GMBH | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Matrix42 Holding GMBH | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Matrix42 Holding GMBH | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Matrix42 Holding GMBH | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Metatiedot Bidco Oy & Metatiedot US, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Metatiedot Bidco Oy & Metatiedot US, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Metatiedot Bidco Oy & Metatiedot US, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Metatiedot Bidco Oy & Metatiedot US, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Mindbody, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765Mindbody, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Mindbody, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Ministry Brands Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Ministry Brands Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Ministry Brands Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765MYOB Invest Co Pty Ltd | One stop | Non-Affiliated Issuer2025-12-310001476765Navex Global Holdings Corporation | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Navex Global Holdings Corporation | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Navex Global Holdings Corporation | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Naviga Inc. | Senior secured | Non-Affiliated Issuer2025-12-310001476765Onit, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Onit, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Onit, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Onit, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Orsay Bidco 1 B.V. and Sky Group Holding B.V. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Orsay Bidco 1 B.V. and Sky Group Holding B.V. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Panzura, LLC | One stop | Non-Affiliated Issuer2025-12-310001476765Personify, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Personify, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Personify, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Personify, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Pineapple German Bidco GMBH | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Pineapple German Bidco GMBH | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Pineapple German Bidco GMBH | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Pineapple German Bidco GMBH | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Pineapple German Bidco GMBH | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Pineapple German Bidco GMBH | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Pineapple German Bidco GMBH | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Pluralsight, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Pluralsight, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Pluralsight, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Pluralsight, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Pluralsight, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765ProcessUnity Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765ProcessUnity Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765ProcessUnity Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765ProcessUnity Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765ProcessUnity Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765QAD, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765QAD, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Quant Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Quant Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Quant Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Quant Buyer, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Rainforest Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Rainforest Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Rainforest Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Rainforest Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Rainforest Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Rainforest Bidco Limited | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Rainforest Bidco Limited | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Rodeo Buyer Company & Absorb Software Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Rodeo Buyer Company & Absorb Software Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Rodeo Buyer Company & Absorb Software Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Rodeo Buyer Company & Absorb Software Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Sapphire Bidco Oy | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Sapphire Bidco Oy | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Sapphire Bidco Oy | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Sapphire Bidco Oy | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Sonatype, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Sonatype, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Spark Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Spartan Buyer Acquisition Co. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Spartan Buyer Acquisition Co. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Spartan Buyer Acquisition Co. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Telesoft Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Telesoft Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Telesoft Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Templafy APS and Templafy, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Templafy APS and Templafy, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765TI Intermediate Holdings, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765TI Intermediate Holdings, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765TI Intermediate Holdings, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765TI Intermediate Holdings, LLC | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765TI Intermediate Holdings, LLC | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765TI Intermediate Holdings, LLC | Senior secured 6 | Non-Affiliated Issuer2025-12-310001476765TI Intermediate Holdings, LLC | Senior secured 7 | Non-Affiliated Issuer2025-12-310001476765TI Intermediate Holdings, LLC | Senior secured 8 | Non-Affiliated Issuer2025-12-310001476765Togetherwork Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Togetherwork Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Togetherwork Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Transform Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Transform Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Transform Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Transform Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Transform Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Transform Bidco Limited | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Transform Bidco Limited | One stop 7 | Non-Affiliated Issuer2025-12-310001476765Tricentis Operations Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Tricentis Operations Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Tricentis Operations Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Vanco Payment Solutions, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Vanco Payment Solutions, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Vantage Bidco GMBH | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Vantage Bidco GMBH | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Varinem German Midco GMBH | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Varinem German Midco GMBH | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Vendavo, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Vendavo, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Vendavo, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Viper Bidco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Viper Bidco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Viper Bidco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Viper Bidco, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Viper Bidco, Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765WebPT, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765Zendesk, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Zendesk, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Zendesk, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Zendesk, Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:SoftwareSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Ave Holdings III, Corp | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Ave Holdings III, Corp | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Ave Holdings III, Corp | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Ave Holdings III, Corp | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Biscuit Parent, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Biscuit Parent, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Biscuit Parent, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Cavender Stores L.P. | Senior secured | Non-Affiliated Issuer2025-12-310001476765Consilio Midco Limited | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Consilio Midco Limited | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Consilio Midco Limited | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Consilio Midco Limited | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765Consilio Midco Limited | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765Consilio Midco Limited | Subordinated debt 1 | Non-Affiliated Issuer2025-12-310001476765Consilio Midco Limited | Subordinated debt 2 | Non-Affiliated Issuer2025-12-310001476765Consilio Midco Limited | Subordinated debt 3 | Non-Affiliated Issuer2025-12-310001476765CVP Holdco, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765CVP Holdco, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765CVP Holdco, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Cycle Gear, Inc. | One stop | Non-Affiliated Issuer2025-12-310001476765Metal Supermarkets US Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Metal Supermarkets US Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765PetVet Care Centers LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765PetVet Care Centers LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Radiance Borrower, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Radiance Borrower, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Second lien 1 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Second lien 2 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Second lien 3 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Second lien 4 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 6 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Second lien 5 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 7 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 8 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 9 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 10 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 11 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 12 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 13 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Second lien 6 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 14 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 15 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Second lien 7 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured 16 | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Second lien | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Senior secured | Non-Affiliated Issuer2025-12-310001476765Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Titan Fitness, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Titan Fitness, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Titan Fitness, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Titan Fitness, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Vermont Aus Pty Ltd | One stop | Non-Affiliated Issuer2025-12-310001476765VSG Acquisition Corp. and Sherrill, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765VSG Acquisition Corp. and Sherrill, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765VSG Acquisition Corp. and Sherrill, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:SpecialtyRetailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Dollfus Mieg Company, Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Dollfus Mieg Company, Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Dollfus Mieg Company, Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Elite Sportswear, L.P. | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Elite Sportswear, L.P. | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Elite Sportswear, L.P. | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Elite Sportswear, L.P. | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765Elite Sportswear, L.P. | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765Elite Sportswear, L.P. | Senior secured 6 | Non-Affiliated Issuer2025-12-310001476765Elite Sportswear, L.P. | Senior secured 7 | Non-Affiliated Issuer2025-12-310001476765Elite Sportswear, L.P. | Senior secured 8 | Non-Affiliated Issuer2025-12-310001476765Georgica Pine Clothiers, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Georgica Pine Clothiers, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Georgica Pine Clothiers, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Georgica Pine Clothiers, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Georgica Pine Clothiers, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765Georgica Pine Clothiers, LLC | One stop 6 | Non-Affiliated Issuer2025-12-310001476765Shoes For Crews Global, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765Shoes For Crews Global, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765Shoes For Crews Global, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765Shoes For Crews Global, LLC | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:TextilesApparelLuxuryGoodsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Marcone Yellowstone Buyer Inc. | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Marcone Yellowstone Buyer Inc. | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Marcone Yellowstone Buyer Inc. | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Marcone Yellowstone Buyer Inc. | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Marcone Yellowstone Buyer Inc. | One stop 5 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:TradingCompaniesAndDistributorsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765LDS Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765LDS Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765LDS Intermediate Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765LDS Intermediate Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765LDS Intermediate Holdings, LLC | One stop | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:TransportationInfrastructureSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765S.J. Electro Systems, LLC | Senior secured 1 | Non-Affiliated Issuer2025-12-310001476765S.J. Electro Systems, LLC | Senior secured 2 | Non-Affiliated Issuer2025-12-310001476765S.J. Electro Systems, LLC | Senior secured 3 | Non-Affiliated Issuer2025-12-310001476765S.J. Electro Systems, LLC | Senior secured 4 | Non-Affiliated Issuer2025-12-310001476765S.J. Electro Systems, LLC | Senior secured 5 | Non-Affiliated Issuer2025-12-310001476765S.J. Electro Systems, LLC | Senior secured 6 | Non-Affiliated Issuer2025-12-310001476765S.J. Electro Systems, LLC | Senior secured 7 | Non-Affiliated Issuer2025-12-310001476765S.J. Electro Systems, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765S.J. Electro Systems, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Vessco Midco Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-12-310001476765Vessco Midco Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-12-310001476765Vessco Midco Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-12-310001476765Vessco Midco Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-12-310001476765Vessco Midco Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:WaterUtilitiesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001476765PPW Aero Buyer, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Tronair Parent, Inc. | LLC interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:AerospaceAndDefenseSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:AirFreightAndLogisticsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Arnott, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765North Haven Falcon Buyer, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765North Haven Falcon Buyer, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765Polk Acquisition Corp. | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:AutoComponentsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765CAP-KSI Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765CAP-KSI Holdings, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765CG Group Holdings, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765Go Car Wash Parent, Corp. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Go Car Wash Parent, Corp. | Common stock | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765MOP GM Holding, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765National Express Wash Parent Holdco, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765POY Holdings, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765Quick Quack Car Wash Holdings, LLC | LLC units | Non-Affiliated Issuer2025-12-310001476765Quick Quack Car Wash Holdings, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765Yorkshire Parent, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:AutomobilesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:BeveragesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Cobepa BlueSky Aggregator, SCSp | LP units | Non-Affiliated Issuer2025-12-310001476765Cobepa BlueSky Aggregator, SCSp | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Cobepa BlueSky Aggregator, SCSp | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:BiotechnologySectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765BECO Holding Company, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765BECO Holding Company, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:BuildingProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Inhance Parent, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Inhance Parent, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Inhance Parent, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMemberus-gaap:ChemicalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765CHA Vision Holdings, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765CI (Quercus) Intermediate Holdings, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765PT Intermediate Holdings III, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765Radwell Parent, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:CommercialServicesSuppliesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Chase Intermediate | LP units | Non-Affiliated Issuer2025-12-310001476765Packaging Coordinators Midco, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:ContainersPackagingSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Action Termite Control, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765Action Termite Control, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765CHHJ Midco, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765CHVAC Services Investment, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765DP Flores Holdings, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765EMS LINQ, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765EWC Growth Partners LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765FPG Intermediate Holdco, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765HS Spa Holdings, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Kodiak Buyer, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765Liminex, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765NSG Buyer, Inc. | LP units | Non-Affiliated Issuer2025-12-310001476765PADI Holdco, Inc. | LLC interest | Non-Affiliated Issuer2025-12-310001476765Project Alpha Intermediate Holdings, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765SCP CDH Buyer, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765SCP CDH Buyer, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Virginia Green Acquisition, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:DiversifiedConsumerServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:ElectricUtilitiesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:ElectricalEquipmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Inventus Power, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Inventus Power, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Inventus Power, Inc. | Preferred stock 3 | Non-Affiliated Issuer2025-12-310001476765Inventus Power, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:ElectronicEquipmentInstrumentsComponentsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765GMF Parent, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765Hopdoddy Holdings, LLC | LLC units | Non-Affiliated Issuer2025-12-310001476765Hopdoddy Holdings, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765Mendocino Farms, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765PDI TA Holdings, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Ruby Slipper Cafe LLC, The | LLC interest 1 | Non-Affiliated Issuer2025-12-310001476765Ruby Slipper Cafe LLC, The | LLC interest 2 | Non-Affiliated Issuer2025-12-310001476765Ruby Slipper Cafe LLC, The | LLC interest 3 | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:FoodAndStaplesRetailingSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Borrower R365 Holdings, LLC | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | Preferred stock 3 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | Common stock 1 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | Preferred stock 4 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | Preferred stock 5 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | Common stock 2 | Non-Affiliated Issuer2025-12-310001476765Borrower R365 Holdings, LLC | Preferred stock 6 | Non-Affiliated Issuer2025-12-310001476765Kodiak Cakes, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765Louisiana Fish Fry Products, Ltd. | Common stock | Non-Affiliated Issuer2025-12-310001476765Louisiana Fish Fry Products, Ltd. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765P&P Food Safety Holdings, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765P&P Food Safety Holdings, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Purfoods, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765Zullas, L.C. | Common stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:FoodProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Aspen Medical Products, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765Blue River Pet Care, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765CCSL Holdings, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765Centegix Intermediate II, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765CMI Parent Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765CMI Parent Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Isto Group, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765JHC Investment Intermediate Holdings, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765ZimVie, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:HealthcareEquipmentAndSuppliesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Active Day, Inc. | LLC interest | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765Acuity Eyecare Holdings, LLC | LLC units | Non-Affiliated Issuer2025-12-310001476765ADCS Clinics Intermediate Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765ADCS Clinics Intermediate Holdings, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765CRH Healthcare Purchaser, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765DCA Investment Holding, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765DCA Investment Holding, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765Encorevet Group LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765ERC Topco Holdings, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765HP TLE Buyer, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Krueger-Gilbert Health Physics, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765MWD Management, LLC & MWD Services, Inc. | LLC interest | Non-Affiliated Issuer2025-12-310001476765New Look Corporation and New Look Vision Group Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Pinnacle Treatment Centers, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Pyramid Healthcare Acquisition Corp. | LLC interest | Non-Affiliated Issuer2025-12-310001476765Radiology Partners, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Radiology Partners, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Southern Veterinary Partners, LLC | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Southern Veterinary Partners, LLC | Common stock 1 | Non-Affiliated Issuer2025-12-310001476765Southern Veterinary Partners, LLC | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Southern Veterinary Partners, LLC | Common stock 2 | Non-Affiliated Issuer2025-12-310001476765Southern Veterinary Partners, LLC | Preferred stock 3 | Non-Affiliated Issuer2025-12-310001476765Southern Veterinary Partners, LLC | Common stock 3 | Non-Affiliated Issuer2025-12-310001476765Southern Veterinary Partners, LLC | Preferred stock 4 | Non-Affiliated Issuer2025-12-310001476765Southern Veterinary Partners, LLC | Common stock 4 | Non-Affiliated Issuer2025-12-310001476765Suveto Buyer, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:HealthcareProvidersAndServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Amberfield Acquisition Co. | Common stock | Non-Affiliated Issuer2025-12-310001476765Connexin Software, Inc. | LLC interest 1 | Non-Affiliated Issuer2025-12-310001476765Connexin Software, Inc. | LLC interest 2 | Non-Affiliated Issuer2025-12-310001476765HSI Halo Acquisition, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765HSI Halo Acquisition, Inc. | LLC interest | Non-Affiliated Issuer2025-12-310001476765Modernizing Medicine, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Symplr Software, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Symplr Software, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Symplr Software, Inc. | Preferred stock 3 | Non-Affiliated Issuer2025-12-310001476765Symplr Software, Inc. | Preferred stock 4 | Non-Affiliated Issuer2025-12-310001476765Symplr Software, Inc. | LLC interest | Non-Affiliated Issuer2025-12-310001476765Symplr Software, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Tebra Technologies, Inc. | Warrant 1 | Non-Affiliated Issuer2025-12-310001476765Tebra Technologies, Inc. | Warrant 2 | Non-Affiliated Issuer2025-12-310001476765Tebra Technologies, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Veranex, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Veranex, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Veranex, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:HealthcareTechnologySectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Cafe Rio Holding, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Cafe Rio Holding, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | Warrant 1 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | Preferred stock 3 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | Warrant 2 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | Warrant 3 | Non-Affiliated Issuer2025-12-310001476765Harri US LLC | Warrant 4 | Non-Affiliated Issuer2025-12-310001476765LMP TR Holdings, LLC | LLC units | Non-Affiliated Issuer2025-12-310001476765Patriot Acquireco, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765PB Group Holdings, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765Rooster BidCo Limited | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Saguaro Buyer, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765SSRG Holdings, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:HotelsRestaurantsLeisureSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Majesco | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Majesco | LP interest | Non-Affiliated Issuer2025-12-310001476765Oakbridge Insurance Agency LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:InsuranceSectorsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Revalize, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | Preferred stock 3 | Non-Affiliated Issuer2025-12-310001476765Revalize, Inc. | Preferred stock 4 | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:InternetAndDirectMarketingRetailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc. | Preferred stock 3 | Non-Affiliated Issuer2025-12-310001476765Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc. | Warrant | Non-Affiliated Issuer2025-12-310001476765Critical Start, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Kentik Technologies, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Kentik Technologies, Inc. | Warrant | Non-Affiliated Issuer2025-12-310001476765Netwrix Corporation | LLC interest | Non-Affiliated Issuer2025-12-310001476765Optimizely North America, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Saturn Borrower Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:ITServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Massage Envy, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765Movement Holdings, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | LLC interest 1 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | LLC interest 2 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | LLC interest 3 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | LLC interest 4 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | LLC interest 5 | Non-Affiliated Issuer2025-12-310001476765WBZ Investment, LLC | LLC interest 6 | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:LeisureProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Celerion Buyer, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765PAS Parent Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765PAS Parent Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:LifeSciencesToolsServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765W3 Co. | LLC interest | Non-Affiliated Issuer2025-12-310001476765W3 Co. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:OilGasConsumableFuelsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Messenger, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Messenger, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:PaperAndForestProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Amalthea Parent, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765Cobalt Buyer Sub, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Cobalt Buyer Sub, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Cobalt Buyer Sub, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Creek Parent, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:PharmaceuticalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Eclipse Buyer, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Enboarder, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Filevine, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Filevine, Inc. | Warrant | Non-Affiliated Issuer2025-12-310001476765Filevine, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Net Health Acquisition Corp. | LP interest | Non-Affiliated Issuer2025-12-310001476765Procure Acquireco, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:ProfessionalServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Inhabit IQ Inc. | LLC interest | Non-Affiliated Issuer2025-12-310001476765SC Landco Parent, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:RealEstateManagementDevelopmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:RoadRailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Anaplan, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765Aras Corporation | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Aras Corporation | Common stock | Non-Affiliated Issuer2025-12-310001476765Astute Holdings, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765Auvik Networks Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Auvik Networks Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Bayshore Intermediate #2, L.P. | Common stock | Non-Affiliated Issuer2025-12-310001476765Calabrio, Inc. | LP interest 1 | Non-Affiliated Issuer2025-12-310001476765Calabrio, Inc. | LP interest 2 | Non-Affiliated Issuer2025-12-310001476765CB Buyer, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765Cloudbees, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Cloudbees, Inc. | Warrant | Non-Affiliated Issuer2025-12-310001476765Cloudbees, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Cynet Security Ltd. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Denali Bidco Limited | LP units | Non-Affiliated Issuer2025-12-310001476765Diligent Corporation | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Diligent Corporation | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Energy Worldnet, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765FirstUp, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765FirstUp, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765GS Acquisitionco, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765GS Acquisitionco, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765GS Acquisitionco, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765GS Acquisitionco, Inc. | Preferred stock 3 | Non-Affiliated Issuer2025-12-310001476765GTY Technology Holdings, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765Gurobi Optimization, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765Impartner, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Kaseya Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Kaseya Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765LogicMonitor, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765Menlo Ridgeview Co-Invest, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765Ministry Brands Holdings LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765Navex Global Holdings Corporation | LP interest | Non-Affiliated Issuer2025-12-310001476765Onapsis, Inc., Virtual Forge GMBH and Onapsis GMBH | Warrant | Non-Affiliated Issuer2025-12-310001476765Onit, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765Panzura, LLC | LLC units | Non-Affiliated Issuer2025-12-310001476765Personify, Inc. | LLC interest | Non-Affiliated Issuer2025-12-310001476765Pluralsight, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765QAD, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765QAD, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765RegEd Aquireco, LLC | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765RegEd Aquireco, LLC | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765RegEd Aquireco, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | Preferred stock 1 | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | Preferred stock 2 | Non-Affiliated Issuer2025-12-310001476765Riskonnect Parent, LLC | Preferred stock 3 | Non-Affiliated Issuer2025-12-310001476765Rokt Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765SnapLogic, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765SnapLogic, Inc. | Warrant | Non-Affiliated Issuer2025-12-310001476765Spartan Buyer Acquisition Co. | Common stock | Non-Affiliated Issuer2025-12-310001476765Spartan Buyer Acquisition Co. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765StrongDM, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Telesoft Holdings LLC | LP interest | Non-Affiliated Issuer2025-12-310001476765Templafy APS and Templafy, LLC | Warrant | Non-Affiliated Issuer2025-12-310001476765Togetherwork Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Transform Bidco Limited | LP interest | Non-Affiliated Issuer2025-12-310001476765Tricentis Operations Holdings, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765Zendesk, Inc. | Common stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:SoftwareSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Ave Holdings III, Corp | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Ave Holdings III, Corp | Common stock | Non-Affiliated Issuer2025-12-310001476765Batteries Plus Holding Corporation | LP interest | Non-Affiliated Issuer2025-12-310001476765Cycle Gear, Inc. | LLC interest | Non-Affiliated Issuer2025-12-310001476765Cycle Gear, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Metal Supermarkets US Buyer, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765Metal Supermarkets US Buyer, LLC | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Salon Lofts Group, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765VSG Acquisition Corp. and Sherrill, Inc. | LP interest | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:SpecialtyRetailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765Georgica Pine Clothiers, LLC | LLC interest | Non-Affiliated Issuer2025-12-310001476765Georgica Pine Clothiers, LLC | LLC units | Non-Affiliated Issuer2025-12-310001476765MakerSights, Inc. | Preferred stock | Non-Affiliated Issuer2025-12-310001476765Shoes For Crews Global, LLC | Common stock | Non-Affiliated Issuer2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:TextilesApparelLuxuryGoodsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001476765us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:EquitySecuritiesMember2025-12-310001476765Abita Brewing Co., L.L.C., One stop 12025-12-310001476765Abita Brewing Co., L.L.C., Second lien2025-12-310001476765Abita Brewing Co., L.L.C., One stop 22025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:BeveragesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765Benetech, Inc., One stop 12025-12-310001476765Benetech, Inc., One stop 22025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:EnergyEquipmentAndServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765G & H Wire Company, Inc., One Stop 12025-12-310001476765G & H Wire Company, Inc., One Stop 22025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareEquipmentAndSuppliesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765Bayside Opco, LLC, One stop 12025-12-310001476765Bayside Opco, LLC, Subordinated debt2025-12-310001476765Bayside Opco, LLC, One stop 22025-12-310001476765Bayside Opco, LLC, One stop 32025-12-310001476765Elite Dental Partners LLC, One stop 12025-12-310001476765Elite Dental Partners LLC, One stop 22025-12-310001476765Elite Dental Partners LLC, One stop 32025-12-310001476765Elite Dental Partners LLC, One stop 42025-12-310001476765Opening Day Borrower 111 LLC, One stop2025-12-310001476765SPF Borrower LLC, One stop 12025-12-310001476765SPF Borrower LLC, One stop 22025-12-310001476765SPF Borrower LLC, One stop 32025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareProvidersAndServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765Reaction Biology Corporation, One stop 12025-12-310001476765Reaction Biology Corporation, One stop 22025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:LifeSciencesToolsServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765Fleet Farm Group, LLC, Senior secured2025-12-310001476765Fleet Farm Group, LLC, One stop2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:MultilineRetailSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765IMPLUS Footcare, LLC, One stop 12025-12-310001476765IMPLUS Footcare, LLC, One stop 22025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:PersonalProductsSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:SoftwareSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765Imperial Optical Midco Inc, One stop 12025-12-310001476765Imperial Optical Midco Inc, One stop 22025-12-310001476765Imperial Optical Midco Inc, One stop 32025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:SpecialtyRetailSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765us-gaap:InvestmentAffiliatedIssuerNoncontrolledMemberus-gaap:DebtSecuritiesMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:BeveragesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:HeathcareEquipmentAndSuppliesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765Bayside Opco, LLC, LLC interest2025-12-310001476765Elite Dental Partners LLC, Preferred stock2025-12-310001476765Elite Dental Partners LLC, LLC interest 12025-12-310001476765Elite Dental Partners LLC, LLC interest 22025-12-310001476765Opening Day Borrower 111 LLC, Preferred stock2025-12-310001476765Opening Day Borrower 111 LLC, LLC interest2025-12-310001476765SPF Borrower LLC, LLC interest2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:HealthcareProvidersAndServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:LifeSciencesToolsAndServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:MultilineRetailSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:PersonalProductsSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765Switchfly LLC, LLC interest 12025-12-310001476765Switchfly LLC, Preferred stock2025-12-310001476765Switchfly LLC, LLC interest 22025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:SoftwareSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:SpecialtyRetailSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001476765us-gaap:InvestmentAffiliatedIssuerNoncontrolledMemberus-gaap:EquitySecuritiesMember2025-12-310001476765MMan Acquisition Co., One stop 12025-12-310001476765MMan Acquisition Co., One stop 22025-12-310001476765MMan Acquisition Co., One stop 32025-12-310001476765MMan Acquisition Co., One stop 42025-12-310001476765us-gaap:DebtSecuritiesMembergbdc:ITServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerControlledMember2025-12-310001476765us-gaap:EquitySecuritiesMembergbdc:ITServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerControlledMember2025-12-310001476765us-gaap:InvestmentAffiliatedIssuerControlledMemberus-gaap:EquitySecuritiesMember2025-12-310001476765BlackRock Liquidity Funds T-Fund Institutional Shares2025-12-310001476765Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio Institutional Share Class 2025-12-310001476765Allspring Government Money Market Fund Select Share Class 2025-12-310001476765Morgan Stanley Institutional Liquidity Funds - Treasury Securities Portfolio Institutional Share Class 2025-12-310001476765gbdc:AssetConcentrationRiskMembergbdc:NonQualifyingAssetMembergbdc:InvestmentsAtFairValueMember2025-10-012025-12-310001476765Abita Brewing Co. LLC2025-09-300001476765Abita Brewing Co. LLC2025-10-012025-12-310001476765Abita Brewing Co. LLC2025-12-310001476765Bayside Opco, LLC2025-09-300001476765Bayside Opco, LLC2025-10-012025-12-310001476765Bayside Opco, LLC2025-12-310001476765Benetech, Inc.2025-09-300001476765Benetech, Inc.2025-10-012025-12-310001476765Benetech, Inc.2025-12-310001476765Chestnut Optical Midco, Inc.2025-09-300001476765Chestnut Optical Midco, Inc.2025-10-012025-12-310001476765Chestnut Optical Midco, Inc.2025-12-310001476765Elite Dental Partners LLC2025-09-300001476765Elite Dental Partners LLC2025-10-012025-12-310001476765Elite Dental Partners LLC2025-12-310001476765Fleet Farm Group LLC2025-09-300001476765Fleet Farm Group LLC2025-10-012025-12-310001476765Fleet Farm Group LLC2025-12-310001476765G & H Wire Company, Inc.2025-09-300001476765G & H Wire Company, Inc.2025-10-012025-12-310001476765G & H Wire Company, Inc.2025-12-310001476765IMPLUS Footcare, LLC2025-09-300001476765IMPLUS Footcare, LLC2025-10-012025-12-310001476765IMPLUS Footcare, LLC2025-12-310001476765Opening Day Borrower 111 LLC2025-09-300001476765Opening Day Borrower 111 LLC2025-10-012025-12-310001476765Opening Day Borrower 111 LLC2025-12-310001476765Reaction Biology Corporation2025-09-300001476765Reaction Biology Corporation2025-10-012025-12-310001476765Reaction Biology Corporation2025-12-310001476765SPF Borrower LLC2025-09-300001476765SPF Borrower LLC2025-10-012025-12-310001476765SPF Borrower LLC2025-12-310001476765Switchfly LLC2025-09-300001476765Switchfly LLC2025-10-012025-12-310001476765Switchfly LLC2025-12-310001476765MMan Acquisition Co.2025-09-300001476765MMan Acquisition Co.2025-10-012025-12-310001476765MMan Acquisition Co.2025-12-310001476765PPW Aero Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PPW Aero Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PPW Aero Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765PPW Aero Buyer, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765PPW Aero Buyer, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765PPW Aero Buyer, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765PPW Aero Buyer, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Titan BW Borrower L.P. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Titan BW Borrower L.P. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Titan BW Borrower L.P. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:AerospaceAndDefenseSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765RJW Group Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765RJW Group Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765RJW Group Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765RJW Group Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:AirFreightAndLogisticsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765gbdc:AirlinesSectorMember2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:AirlinesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Arnott, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Arnott, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Collision SP Subco, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Collision SP Subco, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Collision SP Subco, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Collision SP Subco, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Collision SP Subco, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Covercraft Parent III, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Covercraft Parent III, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Covercraft Parent III, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765North Haven Falcon Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765North Haven Falcon Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765OEConnection, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765OEConnection, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765OEConnection, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765OEConnection, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:AutoComponentsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765CAP-KSI Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CAP-KSI Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CG Group Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CG Group Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | Second lien | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 11 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 12 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 13 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 14 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 15 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 16 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 17 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 18 | Non-Affiliated Issuer2025-09-300001476765Denali Midco 2, LLC | One stop 19 | Non-Affiliated Issuer2025-09-300001476765High Bar Brands Operating, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765High Bar Brands Operating, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765High Bar Brands Operating, LLC | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765High Bar Brands Operating, LLC | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765JHCC Holdings LLC | One stop 10 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 10 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 11 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 12 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 13 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 14 | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | One stop 15 | Non-Affiliated Issuer2025-09-300001476765National Express Wash Parent Holdco, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765National Express Wash Parent Holdco, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765National Express Wash Parent Holdco, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765National Express Wash Parent Holdco, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Quick Quack Car Wash Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Quick Quack Car Wash Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Quick Quack Car Wash Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Quick Quack Car Wash Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Quick Quack Car Wash Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765TWAS Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765TWAS Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765TWAS Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765TWAS Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765TWAS Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765TWAS Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Yorkshire Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Yorkshire Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Yorkshire Parent, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Yorkshire Parent, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Yorkshire Parent, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:AutomobilesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Empyrean Solutions, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Empyrean Solutions, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Empyrean Solutions, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765OSP Hamilton Purchaser, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765OSP Hamilton Purchaser, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765OSP Hamilton Purchaser, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765OSP Hamilton Purchaser, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:BanksSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Financial Information Technologies, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Financial Information Technologies, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Financial Information Technologies, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Financial Information Technologies, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Financial Information Technologies, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Spindrift Beverage Co. Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Spindrift Beverage Co. Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Spindrift Beverage Co. Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Watermill Express, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Watermill Express, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Watermill Express, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Watermill Express, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Watermill Express, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Watermill Express, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Watermill Express, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Watermill Express, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Winebow Holdings, Inc. | One stop | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:BeveragesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765BECO Holding Company, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765BECO Holding Company, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765BECO Holding Company, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765BECO Holding Company, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:BuildingProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765BlueMatrix Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765BlueMatrix Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765BlueMatrix Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765BlueMatrix Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765BlueMatrix Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:CapitalMarketsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765AP Adhesives Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765AP Adhesives Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765AP Adhesives Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Inhance Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Inhance Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Inhance Parent, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765JSG II, Inc. and Checkers USA, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765JSG II, Inc. and Checkers USA, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765JSG II, Inc. and Checkers USA, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Krayden Holdings, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Krayden Holdings, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Krayden Holdings, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765PHM NL SP Bidco B.V. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PHM NL SP Bidco B.V. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PHM NL SP Bidco B.V. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765PHM NL SP Bidco B.V. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMemberus-gaap:ChemicalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765BradyIFS Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765BradyIFS Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CI (Quercus) Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CI (Quercus) Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CI (Quercus) Intermediate Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765CI (Quercus) Intermediate Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765CHA Vision Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CHA Vision Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CHA Vision Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765CHA Vision Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765CHA Vision Holdings, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Kleinfelder Intermediate, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Kleinfelder Intermediate, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Kleinfelder Intermediate, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | Second lien 1 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | Second lien 2 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | Second lien 3 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 10 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 11 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 12 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 13 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 14 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 15 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 16 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 17 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 18 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | Second lien 4 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 19 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 20 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | Second lien 5 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 21 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 22 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | Second lien 6 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 23 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 24 | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | One stop 25 | Non-Affiliated Issuer2025-09-300001476765Profile Products LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Profile Products LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Profile Products LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Profile Products LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765PSC Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PSC Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PSC Parent, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765PSC Parent, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765PT Intermediate Holdings III, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PT Intermediate Holdings III, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Radwell Parent, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Radwell Parent, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Radwell Parent, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Trinity Air Consultants Holdings Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Trinity Air Consultants Holdings Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Trinity Air Consultants Holdings Corporation | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Trinity Air Consultants Holdings Corporation | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Trinity Air Consultants Holdings Corporation | One stop 5 | Non-Affiliated Issuer2025-09-300001476765WRE Holding Corp. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765WRE Holding Corp. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765WRE Holding Corp. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765WRE Holding Corp. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765WRE Holding Corp. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765WRE Holding Corp. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765WRE Holding Corp. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765WRE Holding Corp. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:CommercialServicesSuppliesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Lightning Finco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Lightning Finco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:CommunicationsEquipmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Consor Intermediate II, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Consor Intermediate II, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Consor Intermediate II, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765DCCM, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765DCCM, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765DCCM, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Royal Holdco Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Royal Holdco Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Royal Holdco Corporation | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:ConstructionEngineeringSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Chase Intermediate | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Chase Intermediate | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Chase Intermediate | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Chase Intermediate | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Fortis Solutions Group, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Fortis Solutions Group, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Fortis Solutions Group, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Fortis Solutions Group, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Packaging Coordinators Midco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Packaging Coordinators Midco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Packaging Coordinators Midco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Packaging Coordinators Midco, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Packaging Coordinators Midco, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Packaging Coordinators Midco, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Packaging Coordinators Midco, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Packaging Coordinators Midco, Inc. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMemberus-gaap:ContainerAndPackagingSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765ABC Legal Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ABC Legal Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765ABC Legal Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Any Hour, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Any Hour, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Any Hour, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Any Hour, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Apex Service Partners, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Apex Service Partners, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Apex Service Partners, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Apex Service Partners, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Apex Service Partners, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Apex Service Partners, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 11 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 12 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 13 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 14 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 15 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 16 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 17 | Non-Affiliated Issuer2025-09-300001476765Certus Pest, Inc. | One stop 18 | Non-Affiliated Issuer2025-09-300001476765CHHJ Midco, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765CHHJ Midco, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765CHVAC Services Investment, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CHVAC Services Investment, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CHVAC Services Investment, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765CHVAC Services Investment, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 6 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 7 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 8 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 9 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 10 | Non-Affiliated Issuer2025-09-300001476765COP Hometown Acquisitions, Inc. | Senior secured 11 | Non-Affiliated Issuer2025-09-300001476765EMS LINQ, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765EMS LINQ, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Entomo Brands Acquisitions, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Entomo Brands Acquisitions, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Entomo Brands Acquisitions, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765EWC Growth Partners LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765EWC Growth Partners LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765EWC Growth Partners LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765EWC Growth Partners LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765FPG Intermediate Holdco, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765FPG Intermediate Holdco, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765FPG Intermediate Holdco, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765FPG Intermediate Holdco, LLC | Senior secured | Non-Affiliated Issuer2025-09-300001476765FPG Intermediate Holdco, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765FSS Buyer LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765FSS Buyer LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765HS Spa Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765HS Spa Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765HS Spa Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Kodiak Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Kodiak Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Kodiak Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Liminex, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Liminex, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Liminex, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Liminex, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Litera Bidco, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Litera Bidco, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Litera Bidco, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Litera Bidco, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Mario Purchaser, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Mario Purchaser, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Mario Purchaser, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Mario Purchaser, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Mario Purchaser, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765NSG Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765NSG Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765NSG Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765PADI Holdco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PADI Holdco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PADI Holdco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765PADI Holdco, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765PADI Holdco, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765PADI Holdco, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Provenance Buyer LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Provenance Buyer LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Provenance Buyer LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765RW AM Holdco LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765RW AM Holdco LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Salisbury House, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Salisbury House, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Salisbury House, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Severin Acquisition, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Severin Acquisition, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Severin Acquisition, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Stellar Brands, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Stellar Brands, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Virginia Green Acquisition, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Virginia Green Acquisition, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Virginia Green Acquisition, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:DiversifiedConsumerServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Baker Tilly Advisory Group, LP | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Baker Tilly Advisory Group, LP | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Baker Tilly Advisory Group, LP | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Baker Tilly Advisory Group, LP | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Banker's Toolbox, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Banker's Toolbox, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Ceres Groupe SAS & Ceres PikCo | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Ceres Groupe SAS & Ceres PikCo | Subordinated debt | Non-Affiliated Issuer2025-09-300001476765Ceres Groupe SAS & Ceres PikCo | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Ceres Groupe SAS & Ceres PikCo | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Corsair Blade IV S.A R.L. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Corsair Blade IV S.A R.L. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Deerfield Dakota Holding, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Deerfield Dakota Holding, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Equity Methods, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Equity Methods, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Equity Methods, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Finastra USA, Inc. | One stop | Non-Affiliated Issuer2025-09-300001476765Flash Topco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Flash Topco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Flash Topco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Higginbotham Insurance Agency, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Higginbotham Insurance Agency, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Medlar Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Medlar Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Medlar Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Wealth Enhancement Group, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Wealth Enhancement Group, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Wealth Enhancement Group, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Wealth Enhancement Group, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Wealth Enhancement Group, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:DiversifiedFinancialServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765NTI Connect, LLC | Senior secured | Non-Affiliated Issuer2025-09-300001476765gbdc:DiversifiedTelecommunicationServicesSectorMember2025-09-300001476765Smart Energy Systems, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Smart Energy Systems, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:ElectricUtilitiesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Power Grid Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Power Grid Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Wildcat TopCo, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Wildcat TopCo, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Wildcat TopCo, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:ElectricalEquipmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765CST Holding Company | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CST Holding Company | One stop 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:ElectronicEquipmentInstrumentsComponentsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Mendocino Farms, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Mendocino Farms, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Mendocino Farms, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Mendocino Farms, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Mendocino Farms, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Mendocino Farms, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Mendocino Farms, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Mendocino Farms, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765PDI TA Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PDI TA Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Wineshipping.com LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Wineshipping.com LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Wineshipping.com LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Wineshipping.com LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:FoodAndStaplesRetailingSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Blast Bidco Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Blast Bidco Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Eagle Family Foods Group, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Eagle Family Foods Group, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Kodiak Cakes, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Kodiak Cakes, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Louisiana Fish Fry Products, Ltd. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Louisiana Fish Fry Products, Ltd. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765MAPF Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765MAPF Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765MAPF Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765MAPF Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765P&P Food Safety Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765P&P Food Safety Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765P&P Food Safety Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765P&P Food Safety Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Sphynx UK Bidco, Ltd. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Sphynx UK Bidco, Ltd. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Sphynx UK Bidco, Ltd. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Wizard Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Wizard Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Wizard Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Wizard Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Zullas, L.C. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Zullas, L.C. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Zullas, L.C. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:FoodProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Aspen Medical Products, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Aspen Medical Products, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Aspen Medical Products, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Aspen Medical Products, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Baduhenna Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Baduhenna Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Baduhenna Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Baduhenna Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Baduhenna Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Baduhenna Bidco Limited | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Belmont Instrument, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Belmont Instrument, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Blades Buyer, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Blades Buyer, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Blades Buyer, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Blades Buyer, Inc. | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765Blades Buyer, Inc. | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765Blades Buyer, Inc. | Senior secured 6 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 11 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 12 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 13 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 14 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 15 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 16 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop 17 | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | One stop | Non-Affiliated Issuer2025-09-300001476765Centegix Intermediate II, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Centegix Intermediate II, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Centegix Intermediate II, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 10 | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | One stop 11 | Non-Affiliated Issuer2025-09-300001476765CMI Parent Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CMI Parent Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CMI Parent Inc. | Senior secured | Non-Affiliated Issuer2025-09-300001476765CMI Parent Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765CMI Parent Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765HuFriedy Group Acquisition, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765HuFriedy Group Acquisition, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765HuFriedy Group Acquisition, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Isto Group, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Isto Group, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Isto Group, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765JHC Investment Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765JHC Investment Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765RTI Surgical, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765RTI Surgical, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765TIDI Legacy Products, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765TIDI Legacy Products, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765TIDI Legacy Products, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765YI, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765YI, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareEquipmentAndSuppliesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765AAH TOPCO, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765AAH TOPCO, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765AAH TOPCO, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765AAH TOPCO, LLC | Subordinated debt | Non-Affiliated Issuer2025-09-300001476765AAH TOPCO, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765AAH TOPCO, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Active Day, Inc. | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 11 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 12 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 13 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 14 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | Senior secured | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 15 | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | One stop 16 | Non-Affiliated Issuer2025-09-300001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | Subordinated debt 1 | Non-Affiliated Issuer2025-09-300001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | Subordinated debt 2 | Non-Affiliated Issuer2025-09-300001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | Subordinated debt 3 | Non-Affiliated Issuer2025-09-300001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Bamboo US Bidco LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Bamboo US Bidco LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Bamboo US Bidco LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Bamboo US Bidco LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Bamboo US Bidco LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Bamboo US Bidco LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Bayou Intermediate II, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Bayou Intermediate II, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Bayou Intermediate II, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Benefit Plan Administrators of Eau Claire, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Benefit Plan Administrators of Eau Claire, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Benefit Plan Administrators of Eau Claire, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Benefit Plan Administrators of Eau Claire, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765BHG Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765BHG Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765BHG Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Community Care Partners, LLC | One stop | Non-Affiliated Issuer2025-09-300001476765Datix Bidco Limited and RL Datix Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Datix Bidco Limited and RL Datix Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Datix Bidco Limited and RL Datix Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Datix Bidco Limited and RL Datix Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 11 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 12 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 13 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 14 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 15 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 16 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | One stop 17 | Non-Affiliated Issuer2025-09-300001476765ERC Topco Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ERC Topco Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765ERC Topco Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765FYI Optical Acquisitions, Inc. & FYI USA, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Heartland Veterinary Partners LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Heartland Veterinary Partners LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Heartland Veterinary Partners LLC | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765HP TLE Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765HP TLE Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Klick Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Klick Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Klick Inc. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | One stop | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | Senior secured 6 | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | Senior secured 7 | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | Senior secured 8 | Non-Affiliated Issuer2025-09-300001476765LOV Acquisition LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765LOV Acquisition LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765New Look Corporation and New Look Vision Group Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765New Look Corporation and New Look Vision Group Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765New Look Corporation and New Look Vision Group Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765New Look Corporation and New Look Vision Group Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765New Look Corporation and New Look Vision Group Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765New Look Corporation and New Look Vision Group Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765New Look Corporation and New Look Vision Group Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765New Look Corporation and New Look Vision Group Inc. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | One stop 11 | Non-Affiliated Issuer2025-09-300001476765Premise Health Holding Corp. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PPV Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PPV Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PPV Intermediate Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765PPV Intermediate Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765PPV Intermediate Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765PPV Intermediate Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765PPV Intermediate Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765PPV Intermediate Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Premise Health Holding Corp. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 11 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | One stop 12 | Non-Affiliated Issuer2025-09-300001476765Suveto Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Suveto Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Suveto Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareProvidersAndServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Amberfield Acquisition Co. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Amberfield Acquisition Co. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Amberfield Acquisition Co. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Color Intermediate, LLC | Senior secured | Non-Affiliated Issuer2025-09-300001476765Connexin Software, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Connexin Software, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Crow River Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Crow River Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Crow River Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765ESO Solution, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ESO Solution, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765ESO Solution, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765GHX Ultimate Parent Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765GHX Ultimate Parent Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Healthmark Holdings, L.P. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Healthmark Holdings, L.P. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Healthmark Holdings, L.P. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Kona Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Kona Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Kona Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Kona Buyer, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Kona Buyer, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Kona Buyer, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Kona Buyer, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Kona Buyer, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Lacker Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Lacker Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Lacker Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Modernizing Medicine, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Modernizing Medicine, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Neptune Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Neptune Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Netsmart Technologies, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Netsmart Technologies, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Netsmart Technologies, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Plasma Buyer LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Plasma Buyer LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Plasma Buyer LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765QF Holdings, Inc. | One stop | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Transaction Data Systems, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Transaction Data Systems, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareTechnologySectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Barteca Restaurants, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Barteca Restaurants, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Barteca Restaurants, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Barteca Restaurants, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765BJH Holdings III Corp. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765BJH Holdings III Corp. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765BJH Holdings III Corp. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 10 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 11 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 12 | Non-Affiliated Issuer2025-09-300001476765Cafe Rio Holding, Inc. | One stop 13 | Non-Affiliated Issuer2025-09-300001476765Crumbl Enterprises, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Crumbl Enterprises, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765ESN Venture Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ESN Venture Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765ESN Venture Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765ESN Venture Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765ESN Venture Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765ESN Venture Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765ESN Venture Holdings, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765ESN Venture Holdings, LLC | One stop 8 | Non-Affiliated Issuer2025-09-300001476765ESN Venture Holdings, LLC | One stop 9 | Non-Affiliated Issuer2025-09-300001476765GFP Atlantic Holdco 2, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765GFP Atlantic Holdco 2, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Health Buyer, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Health Buyer, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Health Buyer, LLC | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Health Buyer, LLC | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765Health Buyer, LLC | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765Olo Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Olo Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Patriot Acquireco, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Patriot Acquireco, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PB Group Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PB Group Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765QSR Acquisition Co. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765QSR Acquisition Co. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765QSR Acquisition Co. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Rooster BidCo Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Rooster BidCo Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Rooster BidCo Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Saguaro Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Saguaro Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Saguaro Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Saguaro Buyer, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765SDC Holdco, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765SDC Holdco, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765SSRG Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765SSRG Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765SSRG Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765SSRG Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765SSRG Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765SSRG Holdings, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Super REGO, LLC | Subordinated debt | Non-Affiliated Issuer2025-09-300001476765YE Brands Holding, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765YE Brands Holding, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765YE Brands Holding, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:HotelsRestaurantsLeisureSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765WU Holdco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765WU Holdco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765WU Holdco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:HouseholdProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Arch Global CCT Holdings Corp. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Arch Global CCT Holdings Corp. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Arch Global CCT Holdings Corp. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Dwyer Instruments, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Dwyer Instruments, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Dwyer Instruments, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Dwyer Instruments, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Dwyer Instruments, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Dwyer Instruments, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Dwyer Instruments, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Dwyer Instruments, Inc. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765Dwyer Instruments, Inc. | One stop 9 | Non-Affiliated Issuer2025-09-300001476765Essential Services Holdings Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Essential Services Holdings Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Essential Services Holdings Corporation | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Excelitas Technologies Corp. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Excelitas Technologies Corp. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Excelitas Technologies Corp. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Excelitas Technologies Corp. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:IndustrialConglomeratesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765AMBA Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765AMBA Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765AMBA Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765AMBA Buyer, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765AMBA Buyer, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Bellwether Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Bellwether Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Bellwether Buyer, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Ben Nevis Midco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Ben Nevis Midco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Ben Nevis Midco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Ben Nevis Midco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Captive Resources Midco, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Captive Resources Midco, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Doxa Insurance Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Doxa Insurance Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Doxa Insurance Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Doxa Insurance Holdings LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Gimlet Bidco GMBH | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Gimlet Bidco GMBH | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Gimlet Bidco GMBH | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Illumifin Corporation | One stop | Non-Affiliated Issuer2025-09-300001476765Integrated Specialty Coverages, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Integrated Specialty Coverages, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Integrated Specialty Coverages, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Integrity Marketing Acquisition, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Integrity Marketing Acquisition, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Integrity Marketing Acquisition, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765J.S. Held Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765J.S. Held Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765J.S. Held Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Koala Investment Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Koala Investment Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Koala Investment Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Majesco | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Majesco | One stop 2 | Non-Affiliated Issuer2025-09-300001476765MRH Trowe Germany GMBH | One stop 1 | Non-Affiliated Issuer2025-09-300001476765MRH Trowe Germany GMBH | One stop 2 | Non-Affiliated Issuer2025-09-300001476765MRH Trowe Germany GMBH | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Oakbridge Insurance Agency LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Oakbridge Insurance Agency LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Oakbridge Insurance Agency LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Oakbridge Insurance Agency LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Pareto Health Intermediate Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Pareto Health Intermediate Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Pareto Health Intermediate Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Patriot Growth Insurance Services, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Patriot Growth Insurance Services, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Patriot Growth Insurance Services, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Patriot Growth Insurance Services, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765People Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765People Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765People Corporation | One stop 3 | Non-Affiliated Issuer2025-09-300001476765People Corporation | One stop 4 | Non-Affiliated Issuer2025-09-300001476765People Corporation | One stop 5 | Non-Affiliated Issuer2025-09-300001476765People Corporation | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Wasabi Lower Holdco, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Wasabi Lower Holdco, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765World Insurance Associates, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765World Insurance Associates, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:InsuranceSectorsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Revalize, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | One stop 8 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:InternetAndDirectMarketingRetailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Acquia, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Acquia, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Acquia, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765CivicPlus, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CivicPlus, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CivicPlus, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765CivicPlus, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765ContractPod Technologies, Ltd. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ContractPod Technologies, Ltd. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765ContractPod Technologies, Ltd. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Critical Start, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Critical Start, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Critical Start, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Delinea Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Delinea Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Delinea Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Delinea Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Goldcup 31018 AB | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Goldcup 31018 AB | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Goldcup 31018 AB | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Kentik Technologies, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Kentik Technologies, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Netwrix Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Netwrix Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Netwrix Corporation | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Netwrix Corporation | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Optimizely North America, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Optimizely North America, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Optimizely North America, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Optimizely North America, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765PDQ Intermediate, Inc. | Subordinated debt | Non-Affiliated Issuer2025-09-300001476765ReliaQuest Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ReliaQuest Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765ReliaQuest Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765ReliaQuest Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Saturn Borrower Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Saturn Borrower Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765WPEngine, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765WPEngine, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Zarya Holdco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Zarya Holdco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Zarya Holdco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:ITServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Crunch Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Crunch Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Movement Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Movement Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Movement Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:LeisureProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Celerion Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Celerion Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Celerion Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Celerion Buyer, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Diamondback Acquisition, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Diamondback Acquisition, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Diamondback Acquisition, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765PAS Parent Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PAS Parent Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PAS Parent Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Unchained Labs, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Unchained Labs, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Unchained Labs, LLC | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:LifeSciencesToolsServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765AI Titan Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765AI Titan Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765AI Titan Parent, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Blackbird Purchaser, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Blackbird Purchaser, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Blackbird Purchaser, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Chase Industries, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Chase Industries, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Chase Industries, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Thermogenics, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Thermogenics, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Thermogenics, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Thermogenics, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Thermogenics, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:MachinerySectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Project Nike Purchaser, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Project Nike Purchaser, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Project Nike Purchaser, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:MarineSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Lotus Topco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Lotus Topco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Lotus Topco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Lotus Topco, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Shout! Factory, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Shout! Factory, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Triple Lift, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Triple Lift, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Triple Lift, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:MediaSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Envernus, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Envernus, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Envernus, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:OilGasConsumableFuelsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Messenger, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Messenger, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Messenger, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Messenger, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Messenger, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Messenger, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Messenger, LLC | One stop 7 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:PaperAndForestProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765ACP Ulysses Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ACP Ulysses Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Amalthea Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Amalthea Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Apothecary Products, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Apothecary Products, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Caerus Midco 3 S.A.R.L. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Caerus Midco 3 S.A.R.L. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Caerus Midco 3 S.A.R.L. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Caerus Midco 3 S.A.R.L. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Caerus Midco 3 S.A.R.L. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Cobalt Buyer Sub, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Cobalt Buyer Sub, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Cobalt Buyer Sub, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Cobalt Buyer Sub, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Cobalt Buyer Sub, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Cobalt Buyer Sub, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Creek Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Creek Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | Senior secured 6 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:PharmaceuticalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765ALKU Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ALKU Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765bswift, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765bswift, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Denali Intermediate Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Denali Intermediate Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765DISA Holdings Corp. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765DISA Holdings Corp. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765DISA Holdings Corp. | One stop | Non-Affiliated Issuer2025-09-300001476765DISA Holdings Corp. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765DISA Holdings Corp. | Subordinated debt | Non-Affiliated Issuer2025-09-300001476765DISA Holdings Corp. | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765DISA Holdings Corp. | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765Eclipse Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Eclipse Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Eclipse Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Eliassen Group, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Eliassen Group, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765IG Investments Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765IG Investments Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765NBG Acquisition Corp. and NBG-P Acquisition Corp. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765NBG Acquisition Corp. and NBG-P Acquisition Corp. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765NBG Acquisition Corp. and NBG-P Acquisition Corp. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765PlanSource Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PlanSource Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PlanSource Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765PlanSource Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Procure Acquireco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Procure Acquireco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Procure Acquireco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Procure Acquireco, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Procure Acquireco, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Teaching Company, The | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Teaching Company, The | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Varicent Intermediate Holdings Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Varicent Intermediate Holdings Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Varicent Intermediate Holdings Corporation | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:ProfessionalServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Inhabit IQ Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Inhabit IQ Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Inhabit IQ Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765MRI Software, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765MRI Software, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765MRI Software, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765MRI Software, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765RPL Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765RPL Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765RPL Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765RPL Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765RPL Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:RealEstateManagementDevelopmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Internet Truckstop Group, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Internet Truckstop Group, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Internet Truckstop Group, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765VRS Buyer, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765VRS Buyer, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765VRS Buyer, Inc. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:RoadRailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Anaplan, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Anaplan, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Appfire Technologies, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Appfire Technologies, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Appfire Technologies, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Appfire Technologies, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Aras Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Aras Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Armstrong Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Armstrong Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Arrow Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Arrow Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Arrow Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Artifact Bidco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Artifact Bidco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Artifact Bidco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Artifact Bidco, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Auvik Networks Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Auvik Networks Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Auvik Networks Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Auvik Networks Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Azul Systems, Inc. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Azul Systems, Inc. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Azurite Intermediate Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Azurite Intermediate Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Azurite Intermediate Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Baxter Planning Systems, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Baxter Planning Systems, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Baxter Planning Systems, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Bayshore Intermediate #2, L.P. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Bayshore Intermediate #2, L.P. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765BestPass, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765BestPass, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765BestPass, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Bloomerang, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Bloomerang, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Bloomerang, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Blue Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Blue Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Blue Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Blue Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Blue Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Bottomline Technologies, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Bottomline Technologies, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Bullhorn, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Bullhorn, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Bullhorn, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Bullhorn, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Bullhorn, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Bullhorn, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Burning Glass Intermediate Holdings Company, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Burning Glass Intermediate Holdings Company, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Bynder BidCo, Inc.& Bynder BidCo B.V. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Bynder BidCo, Inc.& Bynder BidCo B.V. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Bynder BidCo, Inc.& Bynder BidCo B.V. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Bynder BidCo, Inc.& Bynder BidCo B.V. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Calabrio, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Calabrio, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Calabrio, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Camelia Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Camelia Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Camelia Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Camelia Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765CB Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CB Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CB Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Coupa Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Coupa Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Coupa Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Crewline Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Crewline Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Daxko Acquisition Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Daxko Acquisition Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Daxko Acquisition Corporation | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Daxko Acquisition Corporation | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Daxko Acquisition Corporation | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Denali Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Denali Bidco Limited | Subordinated debt 1 | Non-Affiliated Issuer2025-09-300001476765Denali Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Denali Bidco Limited | Subordinated debt 2 | Non-Affiliated Issuer2025-09-300001476765Denali Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Diligent Corporation | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Diligent Corporation | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Diligent Corporation | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Diligent Corporation | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Einstein Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Einstein Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Espresso Bidco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Espresso Bidco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Espresso Bidco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Evergreen IX Borrower 2023, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Evergreen IX Borrower 2023, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Evergreen IX Borrower 2023, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765FirstUp, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765FirstUp, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765FirstUp, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Flexera Software, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Flexera Software, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Flexera Software, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Gainsight, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Gainsight, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765GS Acquisitionco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765GS Acquisitionco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765GS Acquisitionco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765GTIV, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765GTIV, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765GTY Technology Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765GTY Technology Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765GTY Technology Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765GTY Technology Holdings, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765GTY Technology Holdings, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765GTY Technology Holdings, Inc. | One stop 6 | Non-Affiliated Issuer2025-09-300001476765GTY Technology Holdings, Inc. | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Gurobi Optimization, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Gurobi Optimization, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Hornet Security Holding GMBH | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Hornet Security Holding GMBH | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Hornet Security Holding GMBH | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Hornet Security Holding GMBH | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Hyland Software, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Hyland Software, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Icefall Parent, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Icefall Parent, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765ICIMS, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ICIMS, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765IQN Holding Corp. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765IQN Holding Corp. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765IQN Holding Corp. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Island Bidco AB | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Island Bidco AB | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Island Bidco AB | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Island Bidco AB | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Island Bidco AB | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Kairos Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Kairos Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Kairos Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Kairos Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765LeadsOnline, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765LeadsOnline, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765LeadsOnline, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765LeadsOnline, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Lighthouse Bidco GMBH | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Lighthouse Bidco GMBH | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Lighthouse Bidco GMBH | One stop 3 | Non-Affiliated Issuer2025-09-300001476765LogicMonitor, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765LogicMonitor, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Matrix42 Holding GMBH | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Matrix42 Holding GMBH | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Matrix42 Holding GMBH | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Matrix42 Holding GMBH | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Matrix42 Holding GMBH | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Matrix42 Holding GMBH | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Metatiedot Bidco Oy & Metatiedot US, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Metatiedot Bidco Oy & Metatiedot US, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Metatiedot Bidco Oy & Metatiedot US, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Metatiedot Bidco Oy & Metatiedot US, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Mindbody, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Mindbody, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Mindbody, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Ministry Brands Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Ministry Brands Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Ministry Brands Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765MYOB Invest Co Pty Ltd | One stop | Non-Affiliated Issuer2025-09-300001476765Navex TopCo, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Navex TopCo, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Naviga Inc. | Senior secured | Non-Affiliated Issuer2025-09-300001476765Onit, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Onit, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Onit, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Onit, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Orsay Bidco 1 B.V. and Sky Group Holding B.V. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Orsay Bidco 1 B.V. and Sky Group Holding B.V. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Panzura, LLC | One stop | Non-Affiliated Issuer2025-09-300001476765Personify, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Personify, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Personify, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Personify, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Pineapple German Bidco GMBH | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Pineapple German Bidco GMBH | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Pineapple German Bidco GMBH | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Pineapple German Bidco GMBH | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Pineapple German Bidco GMBH | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Pineapple German Bidco GMBH | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Pineapple German Bidco GMBH | One stop 7 | Non-Affiliated Issuer2025-09-300001476765PING Identity Holding Corp. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PING Identity Holding Corp. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Pluralsight, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Pluralsight, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Pluralsight, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Pluralsight, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Pluralsight, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765ProcessUnity Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765ProcessUnity Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765ProcessUnity Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765ProcessUnity Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765ProcessUnity Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765QAD, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765QAD, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Quant Buyer, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Quant Buyer, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Quant Buyer, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Quant Buyer, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Quant Buyer, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Rainforest Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Rainforest Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Rainforest Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Rainforest Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Rainforest Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Rainforest Bidco Limited | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Rainforest Bidco Limited | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Rodeo Buyer Company & Absorb Software Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Rodeo Buyer Company & Absorb Software Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Rodeo Buyer Company & Absorb Software Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Rodeo Buyer Company & Absorb Software Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Sapphire Bidco Oy | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Sapphire Bidco Oy | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Sapphire Bidco Oy | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Sonatype, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Sonatype, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Spark Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Spartan Buyer Acquisition Co. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Spartan Buyer Acquisition Co. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Spartan Buyer Acquisition Co. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Telesoft Holdings LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Telesoft Holdings LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Telesoft Holdings LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Templafy APS and Templafy, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Templafy APS and Templafy, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765TI Intermediate Holdings, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765TI Intermediate Holdings, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765TI Intermediate Holdings, LLC | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765TI Intermediate Holdings, LLC | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765TI Intermediate Holdings, LLC | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765TI Intermediate Holdings, LLC | Senior secured 6 | Non-Affiliated Issuer2025-09-300001476765Togetherwork Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Togetherwork Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Togetherwork Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Transform Bidco Limited | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Transform Bidco Limited | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Transform Bidco Limited | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Transform Bidco Limited | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Transform Bidco Limited | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Transform Bidco Limited | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Transform Bidco Limited | One stop 7 | Non-Affiliated Issuer2025-09-300001476765Tricentis Operations Holdings, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Tricentis Operations Holdings, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Tricentis Operations Holdings, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Vantage Bidco GMBH | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Vantage Bidco GMBH | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Varinem German Midco GMBH | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Varinem German Midco GMBH | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Vendavo, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Vendavo, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Vendavo, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Viper Bidco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Viper Bidco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Viper Bidco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Viper Bidco, Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Viper Bidco, Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765WebPT, Inc. | One stop | Non-Affiliated Issuer2025-09-300001476765Zendesk, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Zendesk, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Zendesk, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:SoftwareSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Ave Holdings III, Corp | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Ave Holdings III, Corp | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Ave Holdings III, Corp | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Ave Holdings III, Corp | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Biscuit Parent, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Biscuit Parent, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Biscuit Parent, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Cavender Stores L.P. | Senior secured | Non-Affiliated Issuer2025-09-300001476765Consilio Midco Limited | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Consilio Midco Limited | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Consilio Midco Limited | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Consilio Midco Limited | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765Consilio Midco Limited | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765Consilio Midco Limited | Subordinated debt 1 | Non-Affiliated Issuer2025-09-300001476765Consilio Midco Limited | Subordinated debt 2 | Non-Affiliated Issuer2025-09-300001476765Consilio Midco Limited | Subordinated debt 3 | Non-Affiliated Issuer2025-09-300001476765CVP Holdco, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765CVP Holdco, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765CVP Holdco, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Cycle Gear, Inc. | One stop | Non-Affiliated Issuer2025-09-300001476765Metal Supermarkets US Buyer, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Metal Supermarkets US Buyer, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PetVet Care Centers LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765PetVet Care Centers LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765PetVet Care Centers LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Radiance Borrower, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Radiance Borrower, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Second lien 1 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Second lien 2 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Second lien 3 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Second lien 4 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Second lien 5 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 6 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 7 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 8 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 9 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Second lien 6 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 10 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 11 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 12 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 13 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 14 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 15 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Second lien 7 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 16 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Second lien 8 | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Senior secured 17 | Non-Affiliated Issuer2025-09-300001476765Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Titan Fitness, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Titan Fitness, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Titan Fitness, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Titan Fitness, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Vermont Aus Pty Ltd | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Vermont Aus Pty Ltd | One stop 2 | Non-Affiliated Issuer2025-09-300001476765VSG Acquisition Corp. and Sherrill, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765VSG Acquisition Corp. and Sherrill, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765VSG Acquisition Corp. and Sherrill, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:SpecialtyRetailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Dollfus Mieg Company, Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Dollfus Mieg Company, Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Dollfus Mieg Company, Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Elite Sportswear, L.P. | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Elite Sportswear, L.P. | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Elite Sportswear, L.P. | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Elite Sportswear, L.P. | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765Elite Sportswear, L.P. | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765Elite Sportswear, L.P. | Senior secured 6 | Non-Affiliated Issuer2025-09-300001476765Elite Sportswear, L.P. | Senior secured 7 | Non-Affiliated Issuer2025-09-300001476765Elite Sportswear, L.P. | Senior secured 8 | Non-Affiliated Issuer2025-09-300001476765Georgica Pine Clothiers, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Georgica Pine Clothiers, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Georgica Pine Clothiers, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Georgica Pine Clothiers, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Georgica Pine Clothiers, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765Georgica Pine Clothiers, LLC | One stop 6 | Non-Affiliated Issuer2025-09-300001476765Shoes For Crews Global, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765Shoes For Crews Global, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765Shoes For Crews Global, LLC | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765Shoes For Crews Global, LLC | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:TextilesApparelLuxuryGoodsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Marcone Yellowstone Buyer Inc. | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Marcone Yellowstone Buyer Inc. | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Marcone Yellowstone Buyer Inc. | One stop 3 | Non-Affiliated Issuer2025-09-300001476765Marcone Yellowstone Buyer Inc. | One stop 4 | Non-Affiliated Issuer2025-09-300001476765Marcone Yellowstone Buyer Inc. | One stop 5 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:TradingCompaniesAndDistributorsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765LDS Intermediate Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765LDS Intermediate Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765LDS Intermediate Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765LDS Intermediate Holdings, LLC | One stop 4 | Non-Affiliated Issuer2025-09-300001476765LDS Intermediate Holdings, LLC | One stop 5 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:TransportationInfrastructureSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765S.J. Electro Systems, LLC | Senior secured 1 | Non-Affiliated Issuer2025-09-300001476765S.J. Electro Systems, LLC | Senior secured 2 | Non-Affiliated Issuer2025-09-300001476765S.J. Electro Systems, LLC | Senior secured 3 | Non-Affiliated Issuer2025-09-300001476765S.J. Electro Systems, LLC | Senior secured 4 | Non-Affiliated Issuer2025-09-300001476765S.J. Electro Systems, LLC | Senior secured 5 | Non-Affiliated Issuer2025-09-300001476765S.J. Electro Systems, LLC | Senior secured 6 | Non-Affiliated Issuer2025-09-300001476765S.J. Electro Systems, LLC | Senior secured 7 | Non-Affiliated Issuer2025-09-300001476765Vessco Midco Holdings, LLC | One stop 1 | Non-Affiliated Issuer2025-09-300001476765Vessco Midco Holdings, LLC | One stop 2 | Non-Affiliated Issuer2025-09-300001476765Vessco Midco Holdings, LLC | One stop 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:WaterUtilitiesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-09-300001476765PPW Aero Buyer, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Tronair Parent, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:AerospaceAndDefenseSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:AirFreightAndLogisticsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Arnott, LLC | LP units | Non-Affiliated Issuer2025-09-300001476765Polk Acquisition Corp. | LP interest | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:AutoComponentsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765CAP-KSI Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765CAP-KSI Holdings, LLC | Common stock | Non-Affiliated Issuer2025-09-300001476765CG Group Holdings, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765Go Car Wash Parent, Corp. | Common stock | Non-Affiliated Issuer2025-09-300001476765Go Car Wash Parent, Corp. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | Common stock | Non-Affiliated Issuer2025-09-300001476765MOP GM Holding, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765National Express Wash Parent Holdco, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765POY Holdings, LLC | LP interest | Non-Affiliated Issuer2025-09-300001476765Quick Quack Car Wash Holdings, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765Quick Quack Car Wash Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Yorkshire Parent, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:AutomobilesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:BeveragesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Cobepa BlueSky Aggregator, SCSp | LP units | Non-Affiliated Issuer2025-09-300001476765Cobepa BlueSky Aggregator, SCSp | LLC units | Non-Affiliated Issuer2025-09-300001476765Cobepa BlueSky Aggregator, SCSp | Common stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:BiotechnologySectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765BECO Holding Company, Inc. | Common stock 1 | Non-Affiliated Issuer2025-09-300001476765BECO Holding Company, Inc. | Common stock 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:BuildingProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Inhance Parent, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Inhance Parent, Inc. | LP units 1 | Non-Affiliated Issuer2025-09-300001476765Inhance Parent, Inc. | LP units 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMemberus-gaap:ChemicalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765CI (Quercus) Intermediate Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765CHA Vision Holdings, Inc. | Warrant | Non-Affiliated Issuer2025-09-300001476765North Haven Stack Buyer, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765PT Intermediate Holdings III, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Radwell Parent, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:CommercialServicesSuppliesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Chase Intermediate | LP units | Non-Affiliated Issuer2025-09-300001476765Packaging Coordinators Midco, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMemberus-gaap:ContainerAndPackagingSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765CHHJ Midco, LLC | LP interest | Non-Affiliated Issuer2025-09-300001476765CHVAC Services Investment, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765DP Flores Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765EMS LINQ, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765EWC Growth Partners LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765FPG Intermediate Holdco, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765HS Spa Holdings, Inc. | Warrant | Non-Affiliated Issuer2025-09-300001476765Kodiak Buyer, LLC | LP interest | Non-Affiliated Issuer2025-09-300001476765Liminex, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765NSG Buyer, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765PADI Holdco, Inc. | LLC interest | Non-Affiliated Issuer2025-09-300001476765Project Alpha Intermediate Holdings, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765Virginia Green Acquisition, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:DiversifiedConsumerServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:ElectricUtilitiesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:ElectricalEquipmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Inventus Power, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Inventus Power, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Inventus Power, Inc. | Common stock 1 | Non-Affiliated Issuer2025-09-300001476765Inventus Power, Inc. | Common stock 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:ElectronicEquipmentInstrumentsComponentsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Hopdoddy Holdings, LLC | LLC units 1 | Non-Affiliated Issuer2025-09-300001476765Hopdoddy Holdings, LLC | LLC units 2 | Non-Affiliated Issuer2025-09-300001476765Mendocino Farms, LLC | Common stock | Non-Affiliated Issuer2025-09-300001476765PDI TA Holdings, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Ruby Slipper Cafe LLC, The | Warrant | Non-Affiliated Issuer2025-09-300001476765Ruby Slipper Cafe LLC, The | LLC interest 1 | Non-Affiliated Issuer2025-09-300001476765Ruby Slipper Cafe LLC, The | LLC interest 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:FoodAndStaplesRetailingSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Borrower R365 Holdings, LLC | Preferred stock 1 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | LLC units 1 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | LLC units 2 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | LLC units 3 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | Preferred stock 2 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | Preferred stock 3 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | Preferred stock 4 | Non-Affiliated Issuer2025-09-300001476765Borrower R365 Holdings, LLC | LLC units 4 | Non-Affiliated Issuer2025-09-300001476765Kodiak Cakes, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Louisiana Fish Fry Products, Ltd. | Preferred stock 1 | Non-Affiliated Issuer2025-09-300001476765Louisiana Fish Fry Products, Ltd. | Preferred stock 2 | Non-Affiliated Issuer2025-09-300001476765P&P Food Safety Holdings, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765P&P Food Safety Holdings, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765Purfoods, LLC | LLC interest | Non-Affiliated Issuer2025-09-300001476765Zullas, L.C. | Warrant | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:FoodProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Aspen Medical Products, LLC | LP interest | Non-Affiliated Issuer2025-09-300001476765Blue River Pet Care, LLC | LP interest | Non-Affiliated Issuer2025-09-300001476765CCSL Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Centegix Intermediate II, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765CMI Parent Inc. | Common stock 1 | Non-Affiliated Issuer2025-09-300001476765CMI Parent Inc. | Common stock 2 | Non-Affiliated Issuer2025-09-300001476765Isto Group, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765JHC Investment Intermediate Holdings, LLC | LP units | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:HealthcareEquipmentAndSuppliesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Active Day, Inc. | LLC interest | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | LLC interest | Non-Affiliated Issuer2025-09-300001476765Acuity Eyecare Holdings, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765ADCS Clinics Intermediate Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765ADCS Clinics Intermediate Holdings, LLC | Common stock | Non-Affiliated Issuer2025-09-300001476765AVG Intermediate Holdings & AVG Subsidiary Holdings LLC | Warrant | Non-Affiliated Issuer2025-09-300001476765CRH Healthcare Purchaser, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765DCA Investment Holding, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765DCA Investment Holding, LLC | LP units | Non-Affiliated Issuer2025-09-300001476765Emerge Intermediate, Inc. | LLC units 1 | Non-Affiliated Issuer2025-09-300001476765Emerge Intermediate, Inc. | LLC units 2 | Non-Affiliated Issuer2025-09-300001476765Emerge Intermediate, Inc. | LLC units 3 | Non-Affiliated Issuer2025-09-300001476765Encorevet Group LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765ERC Topco Holdings, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765HP TLE Buyer, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765Krueger-Gilbert Health Physics, LLC | LP interest | Non-Affiliated Issuer2025-09-300001476765MWD Management, LLC & MWD Services, Inc. | LLC interest | Non-Affiliated Issuer2025-09-300001476765New Look Corporation and New Look Vision Group Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | LLC interest 1 | Non-Affiliated Issuer2025-09-300001476765Pinnacle Treatment Centers, Inc. | LLC interest 2 | Non-Affiliated Issuer2025-09-300001476765Pyramid Healthcare Acquisition Corp. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Radiology Partners, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Radiology Partners, Inc. | LLC interest | Non-Affiliated Issuer2025-09-300001476765Sage Dental Management, LLC | LLC units 1 | Non-Affiliated Issuer2025-09-300001476765Sage Dental Management, LLC | LLC units 2 | Non-Affiliated Issuer2025-09-300001476765Southern Veterinary Partners, LLC | Preferred stock 1 | Non-Affiliated Issuer2025-09-300001476765Southern Veterinary Partners, LLC | LP units | Non-Affiliated Issuer2025-09-300001476765Southern Veterinary Partners, LLC | Preferred stock 2 | Non-Affiliated Issuer2025-09-300001476765Southern Veterinary Partners, LLC | LP interest 1 | Non-Affiliated Issuer2025-09-300001476765Southern Veterinary Partners, LLC | LLC units 1 | Non-Affiliated Issuer2025-09-300001476765Southern Veterinary Partners, LLC | LP interest 2 | Non-Affiliated Issuer2025-09-300001476765Southern Veterinary Partners, LLC | LLC units 2 | Non-Affiliated Issuer2025-09-300001476765Southern Veterinary Partners, LLC | LLC units 3 | Non-Affiliated Issuer2025-09-300001476765Suveto Buyer, LLC | Common stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:HealthcareProvidersAndServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Amberfield Acquisition Co. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Connexin Software, Inc. | LLC interest | Non-Affiliated Issuer2025-09-300001476765Connexin Software, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765HSI Halo Acquisition, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-09-300001476765HSI Halo Acquisition, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-09-300001476765Modernizing Medicine, Inc. | Warrant | Non-Affiliated Issuer2025-09-300001476765Symplr Software, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Symplr Software, Inc. | Common stock 1 | Non-Affiliated Issuer2025-09-300001476765Symplr Software, Inc. | Common stock 2 | Non-Affiliated Issuer2025-09-300001476765Symplr Software, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Symplr Software, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Symplr Software, Inc. | Common stock 3 | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | Warrant | Non-Affiliated Issuer2025-09-300001476765Tebra Technologies, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Veranex, Inc. | LP units 1 | Non-Affiliated Issuer2025-09-300001476765Veranex, Inc. | LP units 2 | Non-Affiliated Issuer2025-09-300001476765Veranex, Inc. | LP units 3 | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:HealthcareTechnologySectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Cafe Rio Holding, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | LP units | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | Common stock | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | LP interest | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | Warrant 1 | Non-Affiliated Issuer2025-09-300001476765Harri US LLC | Warrant 2 | Non-Affiliated Issuer2025-09-300001476765LMP TR Holdings, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765Patriot Acquireco, LLC | LP units | Non-Affiliated Issuer2025-09-300001476765PB Group Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Rooster BidCo Limited | LLC units | Non-Affiliated Issuer2025-09-300001476765Saguaro Buyer, LLC | LP units | Non-Affiliated Issuer2025-09-300001476765SSRG Holdings, LLC | Warrant | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:HotelsRestaurantsLeisureSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Majesco | Warrant | Non-Affiliated Issuer2025-09-300001476765Majesco | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Oakbridge Insurance Agency LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:InsuranceSectorsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Revalize, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | LP units 1 | Non-Affiliated Issuer2025-09-300001476765Revalize, Inc. | LP units 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:InternetAndDirectMarketingRetailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc. | LLC interest | Non-Affiliated Issuer2025-09-300001476765Critical Start, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Kentik Technologies, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765Kentik Technologies, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Netwrix Corporation | Common stock | Non-Affiliated Issuer2025-09-300001476765Optimizely North America, Inc. | LLC interest | Non-Affiliated Issuer2025-09-300001476765Saturn Borrower Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:ITServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Massage Envy, LLC | LLC interest | Non-Affiliated Issuer2025-09-300001476765Movement Holdings, LLC | LP units | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | LLC interest 1 | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | LLC interest 2 | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | LLC interest 3 | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | LLC interest 4 | Non-Affiliated Issuer2025-09-300001476765WBZ Investment, LLC | LLC interest 5 | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:LeisureProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Celerion Buyer, Inc. | LLC interest | Non-Affiliated Issuer2025-09-300001476765Celerion Buyer, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765PAS Parent Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765PAS Parent Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:LifeSciencesToolsServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765W3 Co. | LLC interest | Non-Affiliated Issuer2025-09-300001476765W3 Co. | Common stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:OilGasConsumableFuelsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Messenger, LLC | Preferred stock 1 | Non-Affiliated Issuer2025-09-300001476765Messenger, LLC | Preferred stock 2 | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:PaperAndForestProductsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Amalthea Parent, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Cobalt Buyer Sub, Inc. | LP interest 1 | Non-Affiliated Issuer2025-09-300001476765Cobalt Buyer Sub, Inc. | LP interest 2 | Non-Affiliated Issuer2025-09-300001476765Cobalt Buyer Sub, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Creek Parent, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:PharmaceuticalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Eclipse Buyer, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765Enboarder, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Filevine, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Filevine, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765Filevine, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Net Health Acquisition Corp. | LP interest | Non-Affiliated Issuer2025-09-300001476765Procure Acquireco, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:ProfessionalServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Inhabit IQ Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765SC Landco Parent, LLC | Common stock | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:RealEstateManagementDevelopmentSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:RoadAndRailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Anaplan, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Aras Corporation | LLC units | Non-Affiliated Issuer2025-09-300001476765Aras Corporation | Common stock | Non-Affiliated Issuer2025-09-300001476765Astute Holdings, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Auvik Networks Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Auvik Networks Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765Bayshore Intermediate #2, L.P. | LLC units | Non-Affiliated Issuer2025-09-300001476765Calabrio, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Calabrio, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765CB Buyer, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Cloudbees, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Cloudbees, Inc. | Warrant | Non-Affiliated Issuer2025-09-300001476765Cloudbees, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Cynet Security Ltd. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Denali Bidco Limited | LP units | Non-Affiliated Issuer2025-09-300001476765Diligent Corporation | LP interest | Non-Affiliated Issuer2025-09-300001476765Diligent Corporation | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Energy Worldnet, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765FirstUp, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765FirstUp, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765GS Acquisitionco, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765GS Acquisitionco, Inc. | Preferred stock 1 | Non-Affiliated Issuer2025-09-300001476765GS Acquisitionco, Inc. | Preferred stock 2 | Non-Affiliated Issuer2025-09-300001476765GS Acquisitionco, Inc. | Preferred stock 3 | Non-Affiliated Issuer2025-09-300001476765GTY Technology Holdings, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765Gurobi Optimization, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765Impartner, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765Kaseya Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Kaseya Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765LogicMonitor, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Menlo Ridgeview Co-Invest, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765Ministry Brands Holdings LLC | Warrant | Non-Affiliated Issuer2025-09-300001476765Onapsis, Inc., Virtual Forge GMBH and Onapsis GMBH | LP interest | Non-Affiliated Issuer2025-09-300001476765Onit, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765Panzura, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765Personify, Inc. | LLC interest | Non-Affiliated Issuer2025-09-300001476765Pluralsight, LLC | Common stock | Non-Affiliated Issuer2025-09-300001476765QAD, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765QAD, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765RegEd Aquireco, LLC | LP interest 1 | Non-Affiliated Issuer2025-09-300001476765RegEd Aquireco, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765RegEd Aquireco, LLC | LP interest 2 | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | Preferred stock 1 | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | Preferred stock 2 | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | LP units | Non-Affiliated Issuer2025-09-300001476765Riskonnect Parent, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765Rokt Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765SnapLogic, Inc. | Warrant | Non-Affiliated Issuer2025-09-300001476765SnapLogic, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765Spartan Buyer Acquisition Co. | LP units 1 | Non-Affiliated Issuer2025-09-300001476765Spartan Buyer Acquisition Co. | LP units 2 | Non-Affiliated Issuer2025-09-300001476765StrongDM, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Telesoft Holdings LLC | LP interest | Non-Affiliated Issuer2025-09-300001476765Templafy APS and Templafy, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Togetherwork Holdings, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Transform Bidco Limited | LP units | Non-Affiliated Issuer2025-09-300001476765Tricentis Operations Holdings, Inc. | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Zendesk, Inc. | LP units | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:SoftwareSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Ave Holdings III, Corp | Preferred stock 1 | Non-Affiliated Issuer2025-09-300001476765Ave Holdings III, Corp | Preferred stock 2 | Non-Affiliated Issuer2025-09-300001476765Batteries Plus Holding Corporation | LP interest | Non-Affiliated Issuer2025-09-300001476765Cycle Gear, Inc. | LLC units | Non-Affiliated Issuer2025-09-300001476765Cycle Gear, Inc. | Warrant | Non-Affiliated Issuer2025-09-300001476765Metal Supermarkets US Buyer, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765Metal Supermarkets US Buyer, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765Salon Lofts Group, LLC | Preferred stock | Non-Affiliated Issuer2025-09-300001476765VSG Acquisition Corp. and Sherrill, Inc. | LP interest | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:SpecialtyRetailSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765Georgica Pine Clothiers, LLC | LLC interest | Non-Affiliated Issuer2025-09-300001476765Georgica Pine Clothiers, LLC | Common stock | Non-Affiliated Issuer2025-09-300001476765MakerSights, Inc. | Common stock | Non-Affiliated Issuer2025-09-300001476765Shoes For Crews Global, LLC | LLC units | Non-Affiliated Issuer2025-09-300001476765us-gaap:EquitySecuritiesMembergbdc:TextilesApparelLuxuryGoodsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-09-300001476765us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:EquitySecuritiesMember2025-09-300001476765Abita Brewing Co., L.L.C., One stop 12025-09-300001476765Abita Brewing Co., L.L.C., Second lien2025-09-300001476765Abita Brewing Co., L.L.C., One stop 22025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:BeveragesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-09-300001476765Benetech, Inc., One stop 12025-09-300001476765Benetech, Inc., One stop 22025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:EnergyEquipmentAndServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-09-300001476765G & H Wire Company, Inc., One stop 12025-09-300001476765G & H Wire Company, Inc., One stop 22025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareEquipmentAndSuppliesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-09-300001476765Bayside Opco, LLC, One stop 12025-09-300001476765Bayside Opco, LLC, Subordinated debt2025-09-300001476765Bayside Opco, LLC, One stop 22025-09-300001476765Bayside Opco, LLC, One stop 32025-09-300001476765Elite Dental Partners LLC, One stop 12025-09-300001476765Elite Dental Partners LLC, One stop 22025-09-300001476765Elite Dental Partners LLC, One stop 32025-09-300001476765Elite Dental Partners LLC, One stop 42025-09-300001476765Opening Day Borrower 111 LLC, One stop2025-09-300001476765SPF Borrower LLC, One stop 12025-09-300001476765SPF Borrower LLC, One stop 22025-09-300001476765SPF Borrower LLC, One stop 32025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:HealthcareProvidersAndServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-09-300001476765Reaction Biology Corporation, One stop 12025-09-300001476765Reaction Biology Corporation, One stop 22025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:LifeSciencesToolsServicesSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-09-300001476765Fleet Farm Group, LLC, Senior secured2025-09-300001476765Fleet Farm Group, LLC, One stop2025-09-300001476765us-gaap:DebtSecuritiesMembergbdc:MultilineRetailSectorMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-09-300001476765IMPLUS 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_____________________________________________________________________________________________________

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

______________________________________________________________________________________________________ 

FORM 10-Q

☑          QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended December 31, 2025

OR

☐       TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____ to _____

Commission File Number 814-00794

Golub Capital BDC, Inc.

(Exact name of registrant as specified in its charter)

Delaware						27-2326940
(State or other jurisdiction of incorporation or organization)						(I.R.S. Employer Identification No.)

200 Park Avenue, 25th Floor

New York, NY 10166

(Address of principal executive offices)

(212) 750-6060

(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each class			Trading Symbol			Name of each exchange on which registered
Common Stock, par value $0.001 per share			GBDC			The Nasdaq Global Select Market

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes þ   No o

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).   Yes þ No   o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and

“emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer			☑			Accelerated filer			☐
Non-accelerated filer			☐			Smaller reporting company			☐
Emerging growth company			☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  o  No þ

As of February 4, 2026, the Registrant had 263,228,181 shares of common stock, $0.001 par value, outstanding.

Part I. Financial Information
Item 1.			Financial Statements			3
			Consolidated Statements of Financial Condition as of December 31, 2025 (unaudited) and September 30, 2025			3
			Consolidated Statements of Operations for the three months ended December 31, 2025 (unaudited) and 2024 (unaudited)			4
			Consolidated Statements of Changes in Net Assets for the three months ended December 31, 2025 (unaudited) and 2024 (unaudited)			5
			Consolidated Statements of Cash Flows for the three months ended December 31, 2025 (unaudited) and 2024 (unaudited)			6
			Consolidated Schedules of Investments as of December 31, 2025 (unaudited) and September 30, 2025			8
			Notes to Consolidated Financial Statements (unaudited)			99
Item 2.			Management's Discussion and Analysis of Financial Condition and Results of Operations			143
Item 3.			Quantitative and Qualitative Disclosures about Market Risk			173
Item 4.			Controls and Procedures			175
Part II. Other Information
Item 1.			Legal Proceedings			176
Item 1A.			Risk Factors			176
Item 2.			Unregistered Sales of Equity Securities and Use of Proceeds			176
Item 3.			Defaults Upon Senior Securities			176
Item 4.			Mine Safety Disclosures			176
Item 5.			Other Information			176
Item 6.			Exhibits			177

2

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Statements of Financial Condition

(In thousands, except share and per share data)

			December 31, 2025						September 30, 2025
			(unaudited)
Assets
Investments, at fair value
Non-controlled/non-affiliate company investments			$	8,338,531					$	8,463,764
Non-controlled affiliate company investments			290,019						293,763
Controlled affiliate company investments			10,681						11,862
Total investments, at fair value (amortized cost of $8,653,728 and $8,759,938, respectively)			8,639,231						8,769,389
Cash			58,445						—
Cash equivalents			25,865						11,935
Foreign currencies (cost of $9,406 and $11,685, respectively)			9,659						11,681
Restricted cash			32,148						7,107
Restricted cash equivalents			34,425						81,720
Interest receivable			72,129						68,031
Receivable for investments			6,701						7,273
Net unrealized appreciation on derivatives			11,110						12,129
Other assets			4,252						9,034
Total Assets			$	8,893,965					$	8,978,299
Liabilities
Debt			$	4,903,076					$	4,926,778
Less unamortized debt issuance costs			(23,849)						(26,005)
Debt less unamortized debt issuance costs			4,879,227						4,900,773
Net unrealized depreciation on derivatives			5,230						5,023
Interest payable			49,092						38,254
Management and income incentive fees payable			39,637						40,884
Accrued trustee fees			605						1,039
Accounts payable and other liabilities			11,020						9,759
Total Liabilities			4,984,811						4,995,732
Commitments and Contingencies (Note 8)
Net Assets
Preferred stock, par value $0.001 per share, 1,000,000 shares authorized, zero shares issued and outstanding as of December 31, 2025 and September 30, 2025			—						—
Common stock, par value $0.001 per share, 500,000,000 shares authorized, 263,384,785 and 266,008,083 shares issued and outstanding as of December 31, 2025 and September 30, 2025, respectively			263						266
Paid in capital in excess of par			3,995,213						4,031,117
Distributable earnings (losses)			(86,322)						(48,816)
Total Net Assets			3,909,154						3,982,567
Total Liabilities and Total Net Assets			$	8,893,965					$	8,978,299
Number of common shares outstanding			263,384,785						266,008,083
Net asset value per common share			$	14.84					$	14.97

See Notes to Consolidated Financial Statements.

3

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Statements of Operations (unaudited)

(In thousands, except share and per share data)

									Three months ended December 31,
															2025						2024
Investment income
From non-controlled/non-affiliate company investments:
Interest income															$	181,681					$	198,361
Payment-in-kind interest income															13,114						10,565
Dividend income															7,619						8,487
Fee income															1,079						555
Total investment income from non-controlled/non-affiliate company investments															203,493						217,968
From non-controlled affiliate company investments:
Interest income															2,075						2,243
Payment-in-kind interest income															1,273						332
Fee income															30						31
Total investment income from non-controlled affiliate company investments															3,378						2,606
From controlled affiliate company investments:
Payment-in-kind interest income															132						119
Fee income															4						7
Total investment income from controlled affiliate company investments															136						126
Total investment income															207,007						220,700
Expenses
Interest and other debt financing expenses															66,314						79,643
Base management fee															22,115						21,581
Incentive fee															17,457						18,058
Professional fees															1,785						1,840
Administrative service fee															3,180						2,902
General and administrative expenses															398						561
Total expenses															111,249						124,585
Net investment income - before tax															95,758						96,115
Excise and income tax															—						(475)
Net investment income - after tax															95,758						96,590
Net gain (loss) on investment transactions
Net realized gain (loss) from:
Non-controlled/non-affiliate company investments															(2,718)						(25,356)
Foreign currency transactions															(1,120)						(3,705)
Forward currency contracts															—						1,206
Net realized gain (loss) on investment transactions															(3,838)						(27,855)
Net change in unrealized appreciation (depreciation) from:
Non-controlled/non-affiliate company investments															(18,276)						40,085
Non-controlled affiliate company investments															(9,424)						3,622
Controlled affiliate company investments															(1,314)						(86)
Translation of assets and liabilities in foreign currencies															2,048						(22,973)
Forward currency contracts															292						21,927
Net change in unrealized appreciation (depreciation) on investment transactions															(26,674)						42,575
Net gain (loss) on investment transactions															(30,512)						14,720
Net realized gain (loss) on extinguishment of debt															—						(48)
(Provision) benefit for taxes on unrealized appreciation on investments															—						52
Net increase (decrease) in net assets resulting from operations															$	65,246					$	111,314
Per Common Share Data
Basic and diluted earnings per common share (Note 10)															$	0.25					$	0.42
Dividends and distributions declared per common share															$	0.39					$	0.48
Basic and diluted weighted average common shares outstanding (Note 10)															263,678,730						264,343,512

See Notes to Consolidated Financial Statements.

4

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Statements of Changes in Net Assets (unaudited)

(In thousands, except share data)

						Common Stock												Paid in Capital in Excess of Par						Distributable Earnings (Losses)						Total Net Assets
						Shares						Par Amount
Balance at September 30, 2024						264,277,128						$	264					$	4,167,258					$	(152,993)					$	4,014,529
Net increase (decrease) in net assets resulting from operations:
Net investment income after taxes						—						—						—						96,590						96,590
Net realized gain (loss) on investment transactions						—						—						—						(27,855)						(27,855)
Net realized gain (loss) on extinguishment of debt						—						—						—						(48)						(48)
Net change in unrealized appreciation (depreciation) on investment transactions						—						—						—						42,575						42,575
(Provision) benefit for taxes on unrealized appreciation on investments						—						—						—						52						52
Distributions to stockholders:
Stock issued in connection with dividend reinvestment plan						1,221,469						1						18,553						—						18,554
Distributions from distributable earnings						—						—						—						(126,853)						(126,853)
Total increase (decrease) for the three months ended December 31, 2024						1,221,469						1						18,553						(15,539)						3,015
Balance at December 31, 2024						265,498,597						$	265					$	4,185,811					$	(168,532)					$	4,017,544
Balance at September 30, 2025						266,008,083						$	266					$	4,031,117					$	(48,816)					$	3,982,567
Repurchases of common stock, net of commission costs						(2,623,298)						(3)						(35,904)						—						(35,907)
Net increase (decrease) in net assets resulting from operations:
Net investment income after taxes						—						—						—						95,758						95,758
Net realized gain (loss) on investment transactions						—						—						—						(3,838)						(3,838)
Net change in unrealized appreciation (depreciation) on investment transactions						—						—						—						(26,674)						(26,674)
Distributions to stockholders:
Distributions from distributable earnings						—						—						—						(102,752)						(102,752)
Total increase (decrease) for the three months ended December 31, 2025						(2,623,298)						(3)						(35,904)						(37,506)						(73,413)
Balance at December 31, 2025						263,384,785						$	263					$	3,995,213					$	(86,322)					$	3,909,154

See Notes to Consolidated Financial Statements.

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TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Statements of Cash Flows (unaudited)

(In thousands)

			Three months ended December 31,
			2025						2024
Cash flows from operating activities
Net increase (decrease) in net assets resulting from operations			$	65,246					$	111,314
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:
Amortization of deferred debt issuance costs			2,607						2,645
Accretion of discounts and amortization of premiums on investments			(3,376)						(569)
Accretion of discounts and amortization of premiums on issued debt securities			(285)						863
Net realized (gain) loss on investments			2,718						25,356
Net realized (gain) loss on foreign currency transactions			1,120						3,705
Net realized (gain) loss on forward currency contracts			—						(1,206)
Net realized (gain) loss on extinguishment of debt			—						48
Net change in unrealized (appreciation) depreciation on investments			29,014						(43,621)
Net change in unrealized (appreciation) depreciation on translation of assets and liabilities in foreign currencies			(2,048)						22,973
Net change in unrealized (appreciation) depreciation on interest rate swap			13						4,662
Net change in unrealized (appreciation) depreciation on forward currency contracts			(292)						(21,927)
Proceeds from (fundings of) revolving loans, net			(3,437)						(2,169)
Fundings of investments			(172,701)						(909,514)
Proceeds from principal payments and sales of portfolio investments			302,945						450,173
Proceeds from settlements of forward currency contracts			—						4,100
Payment-in-kind interest capitalized			(14,157)						(13,211)
Non-cash dividends capitalized			(7,034)						(7,264)
Proceeds from non-cash dividends			—						1,824
Changes in operating assets and liabilities:
Interest receivable			(4,098)						740
Receivable for investments			572						—
Other assets			4,782						(11,632)
Interest payable			10,838						5,817
Management and income incentive fees payable			(1,247)						5,204
Accrued trustee fees			(434)						(55)
Accounts payable and other liabilities			1,261						(2,991)
Net cash provided by (used in) operating activities			212,007						(374,735)
Cash flows from financing activities
Borrowings on debt			165,277						3,390,158
Repayments of debt			(190,200)						(3,037,745)
Capitalized debt issuance costs			(451)						(5,978)
Purchases of common stock (Note 11)			(35,907)						—
Distributions paid			(84,480)						(108,299)
Purchases of common stock for dividend reinvestment plan			(18,272)						—
Net cash provided by (used in) financing activities			(164,033)						238,136
Net change in cash, cash equivalents, foreign currencies, restricted cash, restricted cash equivalents and restricted foreign currencies			47,974						(136,599)
Effect of foreign currency exchange rates			125						(2,079)
Cash, cash equivalents, foreign currencies, restricted cash, restricted cash equivalents and restricted foreign currencies, beginning of period			112,443						359,552
Cash, cash equivalents, foreign currencies, restricted cash, restricted cash equivalents and restricted foreign currencies, end of period			$	160,542					$	220,874
Supplemental disclosure of cash flow information:
Cash paid during the period for interest(1)			$	53,140					$	69,118
Distributions declared for the period			102,752						126,853
Supplemental disclosure of non-cash financing activities:
Stock issued in connection with dividend reinvestment plan			$	—					$	18,554

See Notes to Consolidated Financial Statements.

6

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Statements of Cash Flows - (unaudited)(continued)

(In thousands)

(1) Includes cash paid or received for contractual interest rate swaps, which may have different contractual settlement dates among the (i) fixed interest leg, (ii) floating interest leg and (iii) the debt instrument.

The following table provides a reconciliation of cash, cash equivalents, foreign currencies, restricted cash, restricted cash equivalents and restricted foreign currencies reported within the Consolidated Statements of Financial Condition that sum to the total of the same such amounts in the Consolidated Statements of Cash Flows:

			As of
			December 31, 2025						September 30, 2025
Cash			$	58,445					$	—
Cash equivalents			25,865						11,935
Foreign currencies (cost of $9,406 and $11,685, respectively)			9,659						11,681
Restricted cash			32,148						7,107
Restricted cash equivalents			34,425						81,720
Total cash, cash equivalents, foreign currencies, restricted cash, restricted cash equivalents and restricted foreign currencies shown in the Consolidated Statements of Cash Flows(1)			$	160,542					$	112,443

(1) See Note 2 for a description of cash, cash equivalents, foreign currencies, restricted cash, restricted cash equivalents and restricted foreign currencies.

See Notes to Consolidated Financial Statements.

7

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			Investments
			Non-controlled/non-affiliate company investments
			Debt investments
			Aerospace & Defense
			Jeppesen Holdings, LLC+			One stop						SF +			4.75%			(j)						8.59%															11/2032						$	1,901					$	1,894					0.1			%			$	1,887
			Jeppesen Holdings, LLC+(5)			One stop																		N/A(6)															11/2032						—						—						—						(1)
			PPW Aero Buyer, Inc.*+			One stop						SF +			5.00%			(j)						8.67%															09/2031						33,940						33,596						0.9						33,940
			PPW Aero Buyer, Inc.*			One stop						SF +			5.00%			(j)						8.67%															09/2031						11,771						11,655						0.3						11,771
			PPW Aero Buyer, Inc.+(5)			One stop																		N/A(6)															09/2031						—						(4)						—						—
			PPW Aero Buyer, Inc.+(5)			One stop																		N/A(6)															09/2031						—						(2)						—						—
			PPW Aero Buyer, Inc.+			One stop						SF +			5.00%			(j)						8.67%															09/2031						6,416						6,359						0.2						6,416
			PPW Aero Buyer, Inc.+			One stop						SF +			5.00%			(j)						8.67%															09/2031						186						186						—						186
			PPW Aero Buyer, Inc.+(5)			One stop																		N/A(6)															09/2031						—						(3)						—						—
			Titan BW Borrower L.P.+(25)			One stop						SF +			5.38%			(j)						6.38%			cash/			2.88%			PIK						07/2032						1,610						1,595						—						1,610
			Titan BW Borrower L.P.+(5)			One stop																		N/A(6)															07/2032						—						(3)						—						—
			Titan BW Borrower L.P.+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						—
																																													55,824						55,272						1.5						55,809
			Air Freight & Logistics
			RJW Group Holdings, Inc.+			One stop						SF +			5.00%			(j)						8.67%															11/2031						46,415						45,599						1.2						46,415
			RJW Group Holdings, Inc.+			One stop						SF +			5.00%			(k)						8.73%															11/2031						2,931						2,874						0.1						2,931
			RJW Group Holdings, Inc.+			One stop						SF +			5.00%			(j)						8.67%															11/2031						1,710						1,694						0.1						1,710
			RJW Group Holdings, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(1)						—						—
																																													51,056						50,166						1.4						51,056
			Auto Components
			Arnott, LLC+			One stop						SF +			4.75%			(k)						8.62%															11/2030						4,724						4,686						0.1						4,582
			Arnott, LLC+			One stop						SF +			4.75%			(k)						8.50%															11/2030						456						450						—						432
			Collision SP Subco, LLC+			One stop						SF +			4.75%			(j)						8.59%															01/2030						2,194						2,175						0.1						2,194
			Collision SP Subco, LLC+			One stop						SF +			4.75%			(j)(k)						8.45%															01/2030						1,281						1,271						—						1,281
			Collision SP Subco, LLC+			One stop						SF +			4.75%			(j)						8.57%															01/2030						45						42						—						45
			Collision SP Subco, LLC+			One stop						SF +			4.75%			(j)						8.59%															01/2030						244						242						—						244
			Collision SP Subco, LLC+			One stop						SF +			4.75%			(j)(k)						8.48%															01/2030						560						534						—						560
			Covercraft Parent III, Inc.+(25)			Senior secured						SF +			5.00%			(j)						8.55%			cash/			0.50%			PIK						08/2027						6,739						6,688						0.2						5,594
			Covercraft Parent III, Inc.+(25)			Senior secured						SF +			5.00%			(j)						8.49%			cash/			0.50%			PIK						08/2027						1,364						1,346						—						1,131
			Covercraft Parent III, Inc.+(25)			Senior secured						SF +			5.00%			(j)						8.41%			cash/			0.50%			PIK						08/2027						186						183						—						154
			North Haven Falcon Buyer, LLC+(5)			One stop																		N/A(6)															11/2029						—						(24)						—						(24)
			North Haven Falcon Buyer, LLC+(5)			One stop																		N/A(6)															11/2029						—						(24)						—						(24)
			North Haven Falcon Buyer, LLC+(25)			One stop						SF +			7.50%			(j)						6.36%			cash/			5.00%			PIK						11/2029						4,160						3,453						0.1						3,453
			OEConnection, LLC*+			One stop						SF +			4.50%			(i)						8.23%															12/2032						12,249						12,198						0.3						12,270
			OEConnection, LLC+(5)			One stop																		N/A(6)															12/2032						—						(6)						—						1
			OEConnection, LLC+(5)			One stop																		N/A(6)															12/2032						—						(28)						—						11
																																													34,202						33,186						0.8						31,904
			Automobiles
			CAP-KSI Holdings, LLC*+			One stop						SF +			5.25%			(j)						8.98%															06/2030						13,163						13,024						0.3						13,163
			CAP-KSI Holdings, LLC+			One stop						SF +			5.25%			(a)(j)						9.48%															06/2030						396						385						—						396
			CG Group Holdings, LLC*+(25)			One stop						SF +			8.75%			(j)						10.42%			cash/			2.00%			PIK						07/2027						46,520						46,385						1.2						46,520
			CG Group Holdings, LLC+(25)			One stop						SF +			8.75%			(i)						10.47%			cash/			2.00%			PIK						07/2026						808						804						—						808
			Denali Midco 2, LLC*			One stop						SF +			5.25%			(i)						8.97%															12/2028						38,258						38,076						1.0						38,258
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						8,917						9,025						0.2						8,917
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						2,668						2,702						0.1						2,668
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						1,621						1,640						—						1,621
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						1,540						1,558						—						1,540
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						1,344						1,359						—						1,344

See Notes to Consolidated Financial Statements.

8

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						$	1,293					$	1,282					—			%			$	1,293
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						1,108						1,106						—						1,108
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						1,075						1,074						—						1,075
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						1,075						1,074						—						1,075
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						887						886						—						887
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						403						400						—						403
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						348						346						—						348
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						1,208						1,207						—						1,208
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						294						292						—						294
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						173						171						—						173
			Denali Midco 2, LLC+(5)			One stop																		N/A(6)															12/2028						—						(3)						—						—
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						87						85						—						87
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(i)						8.97%															12/2028						700						689						—						700
			Denali Midco 2, LLC+(25)			Second lien						N/A												13.00%			PIK												12/2029						11,972						11,895						0.3						11,972
			High Bar Brands Operating, LLC+(5)			Senior secured																		N/A(6)															12/2029						—						(1)						—						—
			High Bar Brands Operating, LLC+			Senior secured						SF +			5.25%			(j)						8.92%															12/2029						250						250						—						250
			High Bar Brands Operating, LLC+			Senior secured						SF +			5.25%			(j)						8.92%															12/2029						1,419						1,415						—						1,419
			High Bar Brands Operating, LLC+			Senior secured						SF +			5.25%			(j)						8.92%															12/2029						296						295						—						296
			JHCC Holdings LLC*			One stop						SF +			5.25%			(j)						8.92%															09/2027						17,663						17,633						0.5						17,663
			JHCC Holdings LLC+			One stop						SF +			5.25%			(j)						8.92%															09/2027						5,113						5,162						0.1						5,113
			JHCC Holdings LLC*+			One stop						SF +			5.25%			(j)						8.92%															09/2027						4,888						4,896						0.1						4,888
			JHCC Holdings LLC*+			One stop						SF +			5.25%			(j)						8.92%															09/2027						6,870						6,861						0.2						6,870
			JHCC Holdings LLC+			One stop						SF +			5.25%			(j)						8.92%															09/2027						2,757						2,770						0.1						2,757
			JHCC Holdings LLC*+			One stop						SF +			5.25%			(j)						8.92%															09/2027						1,638						1,635						0.1						1,638
			JHCC Holdings LLC+			One stop						SF +			5.25%			(j)						8.92%															09/2027						725						723						—						725
			JHCC Holdings LLC+			One stop						SF +			5.25%			(j)						8.92%															09/2027						686						685						—						686
			JHCC Holdings LLC+			One stop						P +			4.25%			(a)						11.00%															09/2027						130						130						—						130
			JHCC Holdings LLC+			One stop						SF +			5.25%			(j)						8.92%															09/2027						3,965						3,942						0.1						3,965
			Lincoln Acq Buyer, LLC+			One stop						SF +			4.50%			(i)(j)						8.22%															11/2032						15						15						—						15
			Lincoln Acq Buyer, LLC+			One stop						SF +			4.50%			(i)						8.22%															11/2032						281						280						—						280
			Lincoln Acq Buyer, LLC+			One stop						SF +			4.50%			(j)						8.20%															11/2032						4						3						—						3
			MOP GM Holding, LLC*+			One stop						SF +			5.75%			(j)						9.57%															11/2026						32,461						32,426						0.8						31,812
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.72%															11/2026						3,816						3,805						0.1						3,740
			MOP GM Holding, LLC*+			One stop						SF +			5.75%			(j)						9.74%															11/2026						3,571						3,562						0.1						3,499
			MOP GM Holding, LLC*+			One stop						SF +			5.75%			(j)						9.74%															11/2026						3,491						3,477						0.1						3,421
			MOP GM Holding, LLC*+			One stop						SF +			5.75%			(j)						9.57%															11/2026						2,587						2,576						0.1						2,536
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.74%															11/2026						2,133						2,125						0.1						2,091
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.74%															11/2026						1,967						1,957						0.1						1,928
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.57%															11/2026						716						713						—						702
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.57%															11/2026						527						524						—						516
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.60%															11/2026						400						398						—						392
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.74%															11/2026						264						262						—						258
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.57%															11/2026						201						200						—						197
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.57%															11/2026						88						88						—						86
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(j)						9.74%															11/2026						88						88						—						86
			MOP GM Holding, LLC+(5)			One stop																		N/A(6)															11/2026						—						(14)						—						—
			National Express Wash Parent Holdco, LLC+			One stop						SF +			5.00%			(k)						8.87%															07/2029						231						221						—						231
			National Express Wash Parent Holdco, LLC+			One stop						SF +			5.00%			(j)						8.67%															07/2029						13,247						13,207						0.3						13,247
			National Express Wash Parent Holdco, LLC+			One stop						SF +			5.00%			(k)						8.60%															07/2029						1,443						1,424						—						1,443
			National Express Wash Parent Holdco, LLC+			One stop						SF +			5.00%			(j)						8.67%															07/2029						1,277						1,271						—						1,277
			POY Holdings, LLC*+			One stop						SF +			5.50%			(j)						9.32%															11/2027						28,123						28,290						0.7						26,997
			POY Holdings, LLC*+			One stop						SF +			5.50%			(j)						9.32%															11/2027						3,656						3,693						0.1						3,510
			POY Holdings, LLC*+			One stop						SF +			5.50%			(j)						9.32%															11/2027						1,294						1,294						—						1,243

See Notes to Consolidated Financial Statements.

9

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			POY Holdings, LLC+			One stop						SF +			5.50%			(j)						9.32%															11/2027						$	862					$	862					—			%			$	828
			POY Holdings, LLC+			One stop						SF +			5.50%			(j)						9.32%															11/2027						643						643						—						617
			POY Holdings, LLC+			One stop						SF +			5.50%			(j)						9.32%															11/2027						287						287						—						276
			POY Holdings, LLC+			One stop						SF +			5.50%			(j)						9.33%															11/2027						344						342						—						325
			POY Holdings, LLC+(5)			One stop																		N/A(6)															11/2027						—						(10)						—						—
			POY Holdings, LLC*			One stop						SF +			5.50%			(j)						9.31%															11/2027						2,256						2,249						0.1						2,165
			Quick Quack Car Wash Holdings, LLC+			One stop						SF +			4.75%			(i)						8.47%															06/2031						4,796						4,764						0.1						4,796
			Quick Quack Car Wash Holdings, LLC+(5)			One stop																		N/A(6)															06/2031						—						(3)						—						—
			Quick Quack Car Wash Holdings, LLC+			One stop						SF +			4.75%			(i)						8.47%															06/2031						269						266						—						269
			Quick Quack Car Wash Holdings, LLC+			One stop						SF +			4.75%			(i)						8.47%															06/2031						140						138						—						140
			Quick Quack Car Wash Holdings, LLC+			One stop						SF +			4.75%			(i)						8.47%															06/2031						329						328						—						329
			TWAS Holdings, LLC*+			One stop						SF +			4.75%			(i)						8.47%															12/2029						111,822						110,699						2.9						111,264
			TWAS Holdings, LLC+(5)			One stop																		N/A(6)															12/2029						—						(4)						—						(4)
			TWAS Holdings, LLC+(5)			One stop																		N/A(6)															12/2029						—						(9)						—						(4)
			Yorkshire Parent, Inc.+			One stop						SF +			5.50%			(j)						9.17%															12/2029						62						61						—						62
			Yorkshire Parent, Inc.*+			One stop						SF +			5.50%			(j)						9.17%															12/2029						2,203						2,225						0.1						2,203
			Yorkshire Parent, Inc.+			One stop						SF +			5.50%			(j)						9.34%															12/2029						610						608						—						610
			Yorkshire Parent, Inc.+			One stop						SF +			5.00%			(j)						8.84%															12/2029						751						728						—						751
			Yorkshire Parent, Inc.+			One stop						SF +			5.00%			(j)						8.84%															12/2029						2,227						2,218						0.1						2,227
																																													411,740						410,135						10.1						408,622
			Banks
			Empyrean Solutions, LLC+			One stop						SF +			4.50%			(j)						8.17%															11/2031						9,283						9,244						0.2						9,283
			Empyrean Solutions, LLC+(5)			One stop																		N/A(6)															11/2031						—						(6)						—						—
			Empyrean Solutions, LLC+(5)			One stop																		N/A(6)															11/2031						—						(16)						—						—
			OSP Hamilton Purchaser, LLC+			One stop						SF +			4.75%			(j)						8.59%															12/2029						1,723						1,742						0.1						1,723
			OSP Hamilton Purchaser, LLC+			One stop						SF +			4.75%			(j)						8.59%															12/2029						270						267						—						270
			OSP Hamilton Purchaser, LLC+			One stop						SF +			4.75%			(j)						8.64%															12/2029						1,648						1,643						0.1						1,648
			OSP Hamilton Purchaser, LLC+			One stop						SF +			4.75%			(j)						8.61%															12/2029						93						89						—						93
																																													13,017						12,963						0.4						13,017
			Beverages
			Financial Information Technologies, LLC*+			One stop						SF +			4.75%			(j)						8.42%															06/2030						34,192						34,106						0.9						34,192
			Financial Information Technologies, LLC+(5)			One stop																		N/A(6)															06/2030						—						(1)						—						—
			Financial Information Technologies, LLC+			One stop						SF +			4.75%			(j)						8.42%															06/2030						2,192						2,189						0.1						2,192
			Financial Information Technologies, LLC+			One stop						SF +			4.75%			(j)						8.42%															06/2030						1,683						1,679						0.1						1,683
			Spindrift Beverage Co. Inc.+(5)			One stop																		N/A(6)															02/2032						—						(16)						—						—
			Spindrift Beverage Co. Inc.+(5)			One stop																		N/A(6)															02/2032						—						(5)						—						—
			Spindrift Beverage Co. Inc.+			One stop						SF +			5.00%			(j)						8.94%															02/2032						7,653						7,569						0.2						7,653
			Watermill Express, LLC*+			One stop						SF +			4.75%			(j)						8.42%															04/2031						3,047						3,021						0.1						3,047
			Watermill Express, LLC+			One stop						SF +			4.75%			(j)						8.42%															04/2031						294						293						—						294
			Watermill Express, LLC+(5)			One stop																		N/A(6)															04/2031						—						(5)						—						—
			Watermill Express, LLC+			One stop						SF +			4.75%			(j)						8.42%															04/2031						735						728						—						735
			Watermill Express, LLC+			One stop						SF +			4.75%			(j)						8.45%															04/2031						369						366						—						369
			Watermill Express, LLC*			One stop						SF +			4.75%			(j)						8.56%															04/2031						2,381						2,361						0.1						2,381
			Watermill Express, LLC+			One stop						SF +			4.75%			(j)						8.42%															04/2031						2,771						2,756						0.1						2,771
			Watermill Express, LLC+(5)			One stop																		N/A(6)															04/2031						—						(11)						—						—
			Winebow Holdings, Inc.*+			One stop						SF +			6.25%			(i)						10.07%															12/2027						9,210						8,955						0.2						7,737
																																													64,527						63,985						1.8						63,054

See Notes to Consolidated Financial Statements.

10

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			Building Products
			BECO Holding Company, Inc.+(5)			One stop																		N/A(6)															11/2027						$	—					$	(1)					—			%			$	—
			BECO Holding Company, Inc.*+			One stop						SF +			5.25%			(j)						9.07%															11/2028						40,472						40,911						1.0						40,472
			BECO Holding Company, Inc.+			One stop						SF +			5.25%			(j)						9.07%															11/2028						312						310						—						312
			BECO Holding Company, Inc.+(5)			One stop																		N/A(6)															11/2028						—						(3)						—						—
																																													40,784						41,217						1.0						40,784
			Capital Markets
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(j)						8.42%															01/2031						159						157						—						159
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(j)						8.42%															01/2031						2,507						2,522						0.1						2,507
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(j)						8.42%															01/2031						844						837						—						844
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(j)						8.42%															01/2031						9,899						9,835						0.3						9,899
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(j)						8.42%															01/2031						760						758						—						760
																																													14,169						14,109						0.4						14,169
			Chemicals
			AP Adhesives Holdings, LLC+(5)			One stop																		N/A(6)															04/2032						—						(9)						—						—
			AP Adhesives Holdings, LLC+(5)			One stop																		N/A(6)															04/2031						—						(4)						—						—
			AP Adhesives Holdings, LLC+			One stop						SF +			4.75%			(j)						8.66%															04/2032						5,786						5,760						0.2						5,786
			Inhance Parent, Inc.+(25)			One stop						SF +			7.00%			(j)						6.32%			cash/			4.50%			PIK						06/2029						841						841						—						841
			Inhance Parent, Inc.+(25)			One stop						SF +			7.00%			(j)						6.32%			cash/			4.50%			PIK						06/2029						23,059						20,307						0.6						21,674
			Inhance Parent, Inc.+(7)(25)			One stop						N/A												20.00%			PIK												06/2029						11,102						4,446						0.1						5,218
			JSG II, Inc. and Checkers USA, Inc.+			One stop						SF +			4.50%			(i)						8.23%															09/2032						1,433						1,426						—						1,433
			JSG II, Inc. and Checkers USA, Inc.+(5)			One stop																		N/A(6)															09/2032						—						(1)						—						—
			JSG II, Inc. and Checkers USA, Inc.+(5)			One stop																		N/A(6)															09/2032						—						(1)						—						—
			Krayden Holdings, Inc.*			Senior secured						SF +			4.75%			(i)						8.42%															03/2029						9,717						9,648						0.3						9,717
			Krayden Holdings, Inc.+			Senior secured						SF +			4.75%			(i)(j)						8.46%															03/2029						1,099						1,075						—						1,099
			Krayden Holdings, Inc.+			Senior secured						SF +			4.75%			(i)						8.42%															03/2029						3,028						2,980						0.1						3,028
			PHM NL SP Bidco B.V.+(8)(9)(10)(25)			One stop						E +			6.75%			(d)						5.87%			cash/			3.00%			PIK						09/2028						55,695						51,996						1.3						51,796
			PHM NL SP Bidco B.V.+(8)(10)(25)			One stop						SF +			6.75%			(h)						7.66%			cash/			3.00%			PIK						09/2028						20,606						19,873						0.5						19,164
			PHM NL SP Bidco B.V.+(8)(9)(10)(25)			One stop						SN +			6.75%			(g)						7.47%			cash/			3.00%			PIK						09/2028						12,114						11,390						0.3						11,266
			PHM NL SP Bidco B.V.+(8)(9)(10)(25)			One stop						E +			6.75%			(d)						5.92%			cash/			3.00%			PIK						09/2028						5,887						5,431						0.2						5,475
																																													150,367						135,158						3.6						136,497
			Commercial Services & Supplies
			CHA Vision Holdings, Inc.+			One stop																		N/A(6)															01/2030						—						—						—						—
			CHA Vision Holdings, Inc.+			One stop						SF +			5.00%			(j)						8.87%															01/2031						1,056						1,052						—						1,056
			CHA Vision Holdings, Inc.+			One stop						SF +			5.00%			(j)						8.87%															01/2031						344						342						—						344
			CHA Vision Holdings, Inc.+			One stop						SF +			5.00%			(j)						8.87%															01/2031						304						303						—						304
			CHA Vision Holdings, Inc.+			One stop						SF +			5.00%			(j)						8.82%															01/2031						38						35						—						38
			CI (Quercus) Intermediate Holdings, LLC+(5)			One stop																		N/A(6)															06/2031						—						(16)						—						—
			CI (Quercus) Intermediate Holdings, LLC*+			One stop						SF +			5.00%			(j)						8.69%															06/2031						32,288						31,998						0.8						32,288
			CI (Quercus) Intermediate Holdings, LLC+			One stop						SF +			5.00%			(j)						8.67%															06/2031						984						959						—						984
			CI (Quercus) Intermediate Holdings, LLC+(5)			One stop																		N/A(6)															06/2031						—						(5)						—						—
			Dispatch Acquisition Holdings, LLC+			One stop						SF +			4.75%			(j)						8.42%															11/2032						423						421						—						421
			Dispatch Acquisition Holdings, LLC+			One stop						SF +			4.75%			(a)(j)						8.59%															11/2032						28						27						—						27
			Kleinfelder Intermediate, LLC+			One stop						SF +			5.00%			(j)						8.84%															09/2030						4,036						3,956						0.1						4,036
			Kleinfelder Intermediate, LLC+(5)			One stop																		N/A(6)															09/2028						—						(5)						—						—
			Kleinfelder Intermediate, LLC+			One stop						SF +			5.00%			(j)						8.84%															09/2030						438						433						—						438
			Pearl Acquisition Buyer, Inc.+			One stop						SF +			4.50%			(j)						8.17%															12/2032						3						3						—						3
			Pearl Acquisition Buyer, Inc.+			One stop						SF +			4.50%			(j)						8.17%															12/2032						343						342						—						342
			Pearl Acquisition Buyer, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
			Profile Products LLC+			One stop						SF +			5.50%			(j)						9.49%															11/2027						8,936						8,891						0.2						8,936
			Profile Products LLC+			One stop						SF +			5.50%			(j)						9.49%															11/2027						1,811						1,798						0.1						1,811
			Profile Products LLC+			One stop						P +			4.50%			(a)						11.25%															11/2027						60						60						—						60
			Profile Products LLC+			One stop																		N/A(6)															11/2027						—						—						—						—

See Notes to Consolidated Financial Statements.

11

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			PSC Parent, Inc.*+			One stop						SF +			5.25%			(i)						8.99%															04/2031						$	5,436					$	5,429					0.1			%			$	5,436
			PSC Parent, Inc.+			One stop						SF +			5.25%			(i)						8.97%															04/2030						284						280						—						284
			PSC Parent, Inc.+			One stop						SF +			5.25%			(i)						9.00%															04/2031						683						678						—						683
			PSC Parent, Inc.+			One stop						SF +			5.25%			(i)						8.97%															04/2031						906						903						—						906
			PT Intermediate Holdings III, LLC+(25)			One stop						SF +			5.00%			(j)						6.92%			cash/			1.75%			PIK						04/2030						21,420						21,406						0.6						21,420
			PT Intermediate Holdings III, LLC+(5)			One stop																		N/A(6)															04/2030						—						(4)						—						—
			Radwell Parent, LLC*+			One stop						SF +			5.50%			(j)						9.17%															03/2029						33,854						33,623						0.9						33,854
			Radwell Parent, LLC*+			One stop						SF +			5.50%			(j)						9.17%															03/2029						32,538						32,577						0.8						32,538
			Radwell Parent, LLC+			One stop						SF +			5.50%			(j)						9.17%															03/2029						207						175						—						207
			Trinity Air Consultants Holdings Corporation+			One stop						SF +			4.50%			(j)						8.50%															06/2029						247						247						—						245
			Trinity Air Consultants Holdings Corporation+			One stop						SF +			4.50%			(i)(j)						8.44%															06/2029						2,967						2,954						0.1						2,937
			Trinity Air Consultants Holdings Corporation+			One stop						SF +			4.50%			(j)						8.50%															06/2029						527						527						—						521
			Trinity Air Consultants Holdings Corporation+(5)			One stop																		N/A(6)															06/2029						—						(1)						—						(1)
			Trinity Air Consultants Holdings Corporation+			One stop						SF +			4.50%			(j)						8.50%															06/2029						609						607						—						603
			Trinity Air Consultants Holdings Corporation+(5)			One stop																		N/A(6)															06/2029						—						(2)						—						(3)
			Trinity Air Consultants Holdings Corporation+			One stop						SF +			4.50%			(j)						8.48%															06/2029						1,573						1,558						—						1,557
			WRE Holding Corp.+(5)			One stop																		N/A(6)															07/2031						—						(4)						—						—
			WRE Holding Corp.+			One stop						SF +			5.00%			(k)						8.71%															07/2031						75						75						—						75
			WRE Holding Corp.+(5)			One stop																		N/A(6)															07/2030						—						(18)						—						—
			WRE Holding Corp.*			One stop						SF +			5.00%			(k)						8.87%															07/2031						16,308						16,178						0.4						16,308
			WRE Holding Corp.*			One stop						SF +			5.00%			(k)						8.62%															07/2031						1,790						1,783						0.1						1,790
			WRE Holding Corp.*			One stop						SF +			5.00%			(k)						8.60%															07/2031						1,079						1,074						—						1,079
			WRE Holding Corp.+			One stop						SF +			5.00%			(k)						8.60%															07/2031						839						836						—						839
			WRE Holding Corp.+			One stop						SF +			5.00%			(k)						8.60%															07/2031						294						292						—						294
			WRE Holding Corp.+			One stop						SF +			5.00%			(k)						8.60%															07/2031						300						299						—						300
			WRE Holding Corp.+			One stop						SF +			5.00%			(k)						8.60%															07/2031						186						186						—						186
																																													173,214						172,252						4.2						173,146
			Communications Equipment
			Lightning Finco Limited+(8)(15)			One stop						SF +			5.50%			(h)						9.59%															09/2028						14,802						14,784						0.4						14,802
			Lightning Finco Limited+(8)(9)(15)			One stop						E +			5.50%			(d)						7.62%															09/2028						1,784						1,748						0.1						1,785
																																													16,586						16,532						0.5						16,587
			Construction & Engineering
			Consor Intermediate II, LLC*+			One stop						SF +			4.50%			(j)						8.17%															05/2031						5,498						5,501						0.2						5,498
			Consor Intermediate II, LLC+(5)			One stop																		N/A(6)															05/2031						—						(8)						—						—
			Consor Intermediate II, LLC+			One stop						SF +			4.50%			(j)						8.17%															05/2031						134						131						—						134
			DCCM, LLC+			One stop						SF +			4.75%			(i)						8.47%															06/2032						591						588						—						591
			DCCM, LLC+(5)			One stop																		N/A(6)															06/2032						—						(1)						—						—
			DCCM, LLC+(5)			One stop																		N/A(6)															06/2032						—						(1)						—						—
			Royal Holdco Corporation+			One stop						SF +			4.50%			(j)						8.29%															12/2030						429						421						—						429
			Royal Holdco Corporation+			One stop						SF +			4.50%			(j)						8.20%															12/2030						371						367						—						371
			Royal Holdco Corporation+			One stop						SF +			4.50%			(j)						8.24%															12/2030						5,966						5,915						0.2						5,966
																																													12,989						12,913						0.4						12,989

See Notes to Consolidated Financial Statements.

12

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			Containers & Packaging
			Chase Intermediate*+			One stop						SF +			4.75%			(j)						8.59%															10/2028						$	48,700					$	49,200					1.3			%			$	48,700
			Chase Intermediate+			One stop						SF +			4.75%			(j)						8.42%															10/2028						272						271						—						272
			Chase Intermediate+			One stop						SF +			4.75%			(j)						8.59%															10/2028						2,278						2,274						0.1						2,278
			Chase Intermediate+			One stop						SF +			4.75%			(j)						8.59%															10/2028						596						562						—						596
			Fortis Solutions Group, LLC*+			One stop						SF +			5.50%			(j)						9.27%															10/2028						51,461						51,169						1.3						50,946
			Fortis Solutions Group, LLC+			One stop						SF +			5.50%			(j)						9.27%															10/2028						1,691						1,675						0.1						1,674
			Fortis Solutions Group, LLC+			One stop						SF +			5.50%			(j)						9.27%															10/2028						140						94						—						138
			Fortis Solutions Group, LLC+			One stop						SF +			5.50%			(a)(j)						9.67%															10/2027						176						170						—						170
			Packaging Coordinators Midco, Inc.+			One stop						SF +			4.50%			(j)						8.34%															07/2032						6,314						6,216						0.2						6,314
			Packaging Coordinators Midco, Inc.+(5)			One stop																		N/A(6)															07/2032						—						(8)						—						—
			Packaging Coordinators Midco, Inc.+			One stop																		N/A(6)															07/2032						—						—						—						—
			Packaging Coordinators Midco, Inc.+(9)			One stop						SN +			4.50%			(g)						8.22%															07/2032						12,583						12,269						0.3						12,583
			Packaging Coordinators Midco, Inc.+			One stop						SF +			4.50%			(j)						8.34%															07/2032						36						36						—						36
			Packaging Coordinators Midco, Inc.+(5)			One stop																		N/A(6)															07/2032						—						(3)						—						—
			Packaging Coordinators Midco, Inc.+			One stop																		N/A(6)															07/2032						—						—						—						—
																																													124,247						123,925						3.3						123,707
			Diversified Consumer Services
			ABC Legal Holdings, LLC+			One stop						SF +			4.50%			(j)						8.34%															08/2032						1,333						1,327						—						1,333
			ABC Legal Holdings, LLC+(5)			One stop																		N/A(6)															08/2032						—						(1)						—						—
			ABC Legal Holdings, LLC+(5)			One stop																		N/A(6)															08/2032						—						(2)						—						—
			Action Termite Control, LLC+			Senior secured																		N/A(6)															12/2032						—						—						—						—
			Action Termite Control, LLC+			Senior secured						SF +			4.25%			(j)						7.96%															12/2032						107						107						—						107
			Action Termite Control, LLC+(5)			Senior secured																		N/A(6)															12/2032						—						(2)						—						(2)
			Any Hour, LLC*			One stop						SF +			5.25%			(j)						8.92%															05/2030						8,952						8,903						0.2						8,415
			Any Hour, LLC+(25)			One stop						N/A												13.00%			PIK												05/2031						3,383						3,341						0.1						2,910
			Any Hour, LLC+			One stop						SF +			5.25%			(i)(j)						8.96%															05/2030						797						786						—						740
			Any Hour, LLC+			One stop						SF +			5.25%			(j)						8.92%															05/2030						253						239						—						240
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(j)						8.82%															10/2030						4,379						4,437						0.1						4,390
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(j)						8.78%															10/2030						13,820						13,763						0.4						13,854
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(j)						8.82%															10/2030						1,042						1,031						—						1,045
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(j)						8.71%															10/2029						21						20						—						21
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(j)						8.84%															10/2030						2,192						2,173						0.1						2,198
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(j)						8.81%															10/2030						4,456						4,427						0.1						4,472
			Aptive Environmental, LLC+			One stop						SF +			4.75%			(i)						8.47%															10/2032						1,767						1,750						0.1						1,750
			Aptive Environmental, LLC+(5)			One stop																		N/A(6)															10/2032						—						(2)						—						(2)
			Aptive Environmental, LLC+(5)			One stop																		N/A(6)															10/2032						—						—						—						(1)
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						455						454						—						455
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						2,761						2,752						0.1						2,761
			Certus Pest, Inc.*			One stop						SF +			5.25%			(j)						9.07%															08/2027						1,730						1,725						0.1						1,730
			Certus Pest, Inc.*			One stop						SF +			5.25%			(j)						9.07%															08/2027						1,659						1,653						0.1						1,659
			Certus Pest, Inc.*+			One stop						SF +			5.25%			(j)						9.07%															08/2027						1,197						1,194						—						1,197
			Certus Pest, Inc.*			One stop						SF +			5.25%			(j)						9.07%															08/2027						1,182						1,179						—						1,182
			Certus Pest, Inc.*+			One stop						SF +			5.25%			(j)						9.07%															08/2027						820						817						—						820
			Certus Pest, Inc.*			One stop						SF +			5.25%			(j)						9.07%															08/2027						723						720						—						723
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						704						703						—						704
			Certus Pest, Inc.*+			One stop						SF +			5.25%			(j)						9.07%															08/2027						416						415						—						416
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						260						259						—						260
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						142						141						—						142
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						60						60						—						60
			Certus Pest, Inc.+			One stop																		N/A(6)															08/2027						—						—						—						—
			Certus Pest, Inc.+(5)			One stop																		N/A(6)															08/2027						—						(10)						—						—
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						391						390						—						391

See Notes to Consolidated Financial Statements.

13

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						$	2,324					$	2,317					0.1			%			$	2,324
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						1,449						1,444						—						1,449
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						696						694						—						696
			Certus Pest, Inc.+			One stop						SF +			5.25%			(j)						9.07%															08/2027						696						694						—						696
			CHHJ Midco, LLC*+			Senior secured						SF +			5.00%			(j)						8.82%															01/2028						3,683						3,675						0.1						3,683
			CHHJ Midco, LLC+			Senior secured						SF +			5.00%			(j)						8.84%															01/2028						30						30						—						30
			CHVAC Services Investment, LLC*+			One stop						SF +			4.50%			(j)						8.17%															05/2030						6,367						6,293						0.2						6,367
			CHVAC Services Investment, LLC*+			One stop						SF +			4.50%			(j)						8.17%															05/2030						1,656						1,639						0.1						1,656
			CHVAC Services Investment, LLC+			One stop						SF +			4.50%			(i)						8.23%															05/2030						94						91						—						94
			CHVAC Services Investment, LLC+			One stop						SF +			4.50%			(j)						8.17%															05/2030						61						24						—						61
			COP Hometown Acquisitions, Inc.*+			Senior secured						SF +			5.25%			(j)						9.24%															07/2027						2,370						2,362						0.1						2,370
			COP Hometown Acquisitions, Inc.*+			Senior secured						SF +			5.25%			(j)						9.24%															07/2027						2,309						2,300						0.1						2,309
			COP Hometown Acquisitions, Inc.*+			Senior secured						SF +			5.25%			(j)						9.09%															07/2027						1,513						1,507						—						1,513
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(j)						9.14%															07/2027						1,070						1,065						—						1,070
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(j)						9.24%															07/2027						1,140						1,135						—						1,140
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(j)						9.09%															07/2027						687						684						—						687
			COP Hometown Acquisitions, Inc.+(5)			Senior secured																		N/A(6)															07/2027						—						(1)						—						—
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(j)						9.13%															07/2027						1,366						1,365						—						1,366
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(j)						9.12%															07/2027						1,034						1,034						—						1,034
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(j)						9.08%															07/2027						909						909						—						909
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(j)						9.19%															07/2027						5,476						5,441						0.2						5,476
			EMS LINQ, LLC+			One stop						SF +			6.25%			(i)						10.07%															12/2027						13,835						13,855						0.4						13,697
			EMS LINQ, LLC+			One stop						SF +			6.25%			(i)						10.07%															12/2027						84						83						—						80
			Entomo Brands Acquisitions, Inc.*+			Senior secured						SF +			5.50%			(j)						9.32%															07/2029						4,333						4,336						0.1						4,333
			Entomo Brands Acquisitions, Inc.+			Senior secured						SF +			5.50%			(j)						9.32%															07/2029						14						14						—						14
			Entomo Brands Acquisitions, Inc.*+			Senior secured						SF +			5.50%			(j)						9.32%															07/2029						1,260						1,249						—						1,260
			EWC Growth Partners LLC+			One stop						SF +			6.00%			(j)						9.82%															03/2026						913						913						—						748
			EWC Growth Partners LLC+			One stop						SF +			6.00%			(j)						9.82%															03/2026						1,072						1,072						—						879
			EWC Growth Partners LLC+			One stop						SF +			6.00%			(j)						9.82%															03/2026						38						38						—						30
			EWC Growth Partners LLC+			One stop						SF +			6.00%			(j)						9.82%															03/2026						101						101						—						83
			FPG Intermediate Holdco, LLC+(25)			One stop						SF +			5.00%			(k)						8.70%			PIK												06/2029						130						130						—						130
			FPG Intermediate Holdco, LLC+(25)			One stop						SF +			5.00%			(k)						8.70%			PIK												06/2029						943						943						—						943
			FPG Intermediate Holdco, LLC+(25)			One stop						SF +			5.00%			(j)(k)						8.70%			PIK												06/2029						1,395						1,395						—						1,395
			FPG Intermediate Holdco, LLC+(25)			Senior secured						SF +			5.00%			(k)						8.70%			PIK												06/2029						4,860						4,607						0.1						4,423
			FPG Intermediate Holdco, LLC+(7)(25)			One stop						SF +			5.00%			(k)						8.70%			PIK												06/2029						1,944						1,630						0.1						1,633
			FSS Buyer LLC+			One stop																		N/A(6)															08/2030						—						—						—						—
			FSS Buyer LLC*+			One stop						SF +			4.50%			(i)						8.22%															08/2031						6,863						6,826						0.2						6,863
			HS Spa Holdings, Inc.+			One stop						SF +			5.25%			(j)						9.07%															06/2029						11,403						11,388						0.3						11,403
			HS Spa Holdings, Inc.+			One stop						SF +			5.25%			(a)(i)						8.97%															06/2028						46						45						—						46
			HS Spa Holdings, Inc.+			One stop						SF +			5.25%			(j)						9.09%															06/2029						684						683						—						684
			Kodiak Buyer, LLC+			One stop						SF +			4.50%			(j)						8.17%															07/2032						614						611						—						614
			Kodiak Buyer, LLC+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						—
			Kodiak Buyer, LLC+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						—
			Liminex, Inc.+			One stop						SF +			6.00%			(j)						9.99%															11/2026						35,293						35,279						0.9						35,293
			Liminex, Inc.+			One stop						SF +			6.00%			(j)						9.99%															11/2026						23,281						23,251						0.6						23,281
			Liminex, Inc.+			One stop						SF +			6.00%			(j)						9.99%															11/2026						15,793						15,716						0.4						15,793
			Liminex, Inc.+			One stop						SF +			6.00%			(j)						9.99%															11/2026						20,117						20,267						0.5						20,117
			Litera Bidco, LLC*			One stop						SF +			5.00%			(i)						8.72%															05/2028						5,136						5,144						0.1						5,136
			Litera Bidco, LLC+			One stop						SF +			5.00%			(i)						8.72%															05/2028						2,051						2,046						0.1						2,051
			Litera Bidco, LLC+(5)			One stop																		N/A(6)															05/2028						—						(1)						—						—
			Litera Bidco, LLC+(5)			One stop																		N/A(6)															05/2028						—						(1)						—						—
			Mario Purchaser, LLC+			One stop						SF +			5.75%			(j)						9.84%															04/2029						450						447						—						432
			Mario Purchaser, LLC*+			One stop						SF +			5.75%			(j)						9.84%															04/2029						11,239						11,201						0.3						10,789

See Notes to Consolidated Financial Statements.

14

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			Mario Purchaser, LLC+(25)			One stop						N/A												14.84%			PIK												04/2032						$	5,185					$	5,202					0.1			%			$	5,080
			Mario Purchaser, LLC+			One stop						SF +			5.75%			(j)						9.84%															04/2029						5,174						5,195						0.1						4,968
			Mario Purchaser, LLC+			One stop						SF +			5.75%			(j)						9.74%															04/2028						136						134						—						130
			NSG Buyer, Inc. *+			One stop						SF +			5.00%			(j)						8.67%															11/2029						38,404						38,194						1.0						38,404
			NSG Buyer, Inc. +			One stop						SF +			5.00%			(j)						8.67%															11/2028						145						141						—						145
			NSG Buyer, Inc. +(5)			One stop																		N/A(6)															11/2029						—						(27)						—						—
			PADI Holdco, Inc.+			One stop						SF +			5.00%			(j)						9.08%															01/2029						541						537						—						541
			PADI Holdco, Inc.*			One stop						SF +			5.00%			(j)						8.97%															01/2029						21,079						20,898						0.5						21,079
			PADI Holdco, Inc.+(9)			One stop						E +			5.00%			(c)						7.07%															01/2029						20,958						20,192						0.5						20,958
			PADI Holdco, Inc.+			One stop						SF +			5.00%			(j)						8.99%															01/2029						812						805						—						812
			PADI Holdco, Inc.+			One stop						SF +			5.00%			(j)						8.89%															01/2029						168						166						—						168
			PADI Holdco, Inc.+(9)			One stop						A +			5.50%			(e)						9.20%															01/2029						7,547						7,068						0.2						7,547
			Provenance Buyer LLC*+			One stop						SF +			5.00%			(j)						8.77%															06/2027						20,527						20,432						0.5						20,323
			Provenance Buyer LLC*+			One stop						SF +			5.00%			(j)						8.77%															06/2027						13,831						13,766						0.4						13,692
			Provenance Buyer LLC+			One stop						SF +			5.00%			(j)						8.78%															06/2027						188						184						—						186
			RW AM Holdco LLC+(7)			One stop						SF +			5.25%			(j)						9.02%															04/2028						23,613						23,037						0.3						12,987
			RW AM Holdco LLC+(5)(7)			One stop																		N/A(6)															04/2028						—						(8)						—						(90)
			Salisbury House, LLC+			One stop						SF +			5.00%			(i)						8.72%															08/2032						30						29						—						30
			Salisbury House, LLC+			One stop						SF +			5.00%			(k)						8.73%															08/2032						1,498						1,491						—						1,498
			Salisbury House, LLC+(5)			One stop																		N/A(6)															08/2032						—						(1)						—						—
			SCP CDH Buyer, Inc.+			One stop						SF +			4.50%			(j)						8.17%															12/2032						354						352						—						351
			SCP CDH Buyer, Inc.+(5)			One stop																		N/A(6)															12/2032						—						(1)						—						(1)
			SCP CDH Buyer, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
			Severin Acquisition, LLC+(25)			One stop						SF +			4.75%			(i)						6.22%			cash/			2.25%			PIK						10/2031						35,852						35,567						0.9						35,494
			Severin Acquisition, LLC+(5)			One stop																		N/A(6)															10/2031						—						(37)						—						(44)
			Severin Acquisition, LLC+(25)			One stop						SF +			4.75%			(i)						6.22%			cash/			2.25%			PIK						10/2031						1,561						1,530						—						1,487
			Stellar Brands, LLC+			Senior secured						SF +			4.50%			(j)						8.17%															02/2031						7,133						7,087						0.2						7,133
			Stellar Brands, LLC+(5)			Senior secured																		N/A(6)															02/2031						—						(4)						—						—
			Virginia Green Acquisition, LLC+(5)			One stop																		N/A(6)															12/2030						—						(5)						—						(5)
			Virginia Green Acquisition, LLC*+			One stop						SF +			5.25%			(k)						8.86%															12/2030						3,157						3,189						0.1						3,141
			Virginia Green Acquisition, LLC+			One stop																		N/A(6)															12/2029						—						—						—						—
			Virginia Green Acquisition, LLC+(5)			One stop																		N/A(6)															12/2030						—						—						—						(1)
																																													461,717						457,830						11.2						447,063
			Diversified Financial Services
			Baker Tilly Advisory Group, LP+(5)			One stop																		N/A(6)															06/2030						—						(11)						—						—
			Baker Tilly Advisory Group, LP+			One stop						SF +			4.75%			(i)						8.47%															06/2031						3,753						3,713						0.1						3,763
			Baker Tilly Advisory Group, LP+			One stop						SF +			4.25%			(i)						7.97%															06/2031						5,031						5,008						0.1						5,031
			Baker Tilly Advisory Group, LP+(5)			One stop																		N/A(6)															06/2031						—						(8)						—						—
			Banker's Toolbox, Inc.*+			One stop						SF +			4.50%			(j)						8.17%															07/2029						20,803						20,676						0.5						20,803
			Banker's Toolbox, Inc.+(5)			One stop																		N/A(6)															07/2029						—						(2)						—						—
			Banker's Toolbox, Inc.+(5)			One stop																		N/A(6)															07/2029						—						(2)						—						—
			Ceres Groupe SAS & Ceres PikCo+(8)(9)(20)			One stop						E +			4.75%			(d)						6.83%															07/2031						17,494						15,986						0.5						17,494
			Ceres Groupe SAS & Ceres PikCo+(8)(9)(20)(25)			Subordinated debt						E +			8.00%			(d)						10.08%			PIK												07/2032						2,278						2,086						0.1						2,278
			Ceres Groupe SAS & Ceres PikCo+(8)(9)(20)			One stop						E +			4.75%			(d)						6.85%															07/2031						2,478						2,223						0.1						2,478
			Ceres Groupe SAS & Ceres PikCo+(8)(9)(20)			One stop																		N/A(6)															07/2031						—						—						—						—
			Corsair Blade IV S.A R.L.+(8)(9)(13)(25)			One stop						SN +			5.75%			(g)						9.22%			cash/			0.25%			PIK						12/2030						1,201						931						—						1,201
			Corsair Blade IV S.A R.L.+(8)(13)(25)			One stop						SF +			5.75%			(j)						9.76%			cash/			0.25%			PIK						12/2030						3,725						3,725						0.1						3,725
			Deerfield Dakota Holding, LLC+(5)			One stop																		N/A(6)															09/2032						—						(2)						—						—
			Deerfield Dakota Holding, LLC+(25)			One stop						SF +			5.75%			(j)						6.67%			cash/			2.75%			PIK						09/2032						1,844						1,826						0.1						1,844
			Equity Methods, LLC+			One stop						SF +			4.75%			(j)						8.42%															04/2032						19,829						19,740						0.5						19,829
			Equity Methods, LLC+(5)			One stop																		N/A(6)															04/2032						—						(16)						—						—
			Equity Methods, LLC+(5)			One stop																		N/A(6)															04/2032						—						(20)						—						—

See Notes to Consolidated Financial Statements.

15

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			Finastra USA, Inc.+(8)(10)			One stop						SF +			7.25%			(j)						10.97%															09/2029						$	1,476					$	1,460					—			%			$	1,476
			Flash Topco, Inc.+			One stop						SF +			6.00%			(k)						9.95%															10/2028						16,874						16,645						0.4						16,537
			Flash Topco, Inc.+			One stop						SF +			6.50%			(k)						10.20%															10/2028						156						153						—						154
			Flash Topco, Inc.+			One stop						SF +			6.00%			(k)						9.70%															10/2028						3,369						3,357						0.1						3,302
			Higginbotham Insurance Agency, Inc.+(5)			One stop																		N/A(6)															06/2031						—						—						—						(1)
			Higginbotham Insurance Agency, Inc.+(5)			One stop																		N/A(6)															06/2031						—						(1)						—						(1)
			Higginbotham Insurance Agency, Inc.*+			One stop						SF +			4.50%			(i)(j)						8.22%															06/2031						8,908						8,931						0.2						8,886
			Medlar Bidco Limited+(8)(9)(21)			One stop						SN +			5.00%			(g)						8.72%															05/2032						26,540						26,017						0.7						26,540
			Medlar Bidco Limited+(5)(8)(9)(21)			One stop																		N/A(6)															05/2032						—						(54)						—						—
			Medlar Bidco Limited+(8)(9)(21)			One stop						E +			5.00%			(c)						6.99%															05/2032						32,978						31,549						0.9						32,978
			Wealth Enhancement Group, LLC+			One stop						SF +			4.50%			(j)						8.49%															10/2028						409						408						—						409
			Wealth Enhancement Group, LLC+			One stop						SF +			4.50%			(j)						8.49%															10/2028						91						91						—						91
			Wealth Enhancement Group, LLC+(5)			One stop																		N/A(6)															10/2028						—						(1)						—						—
			Wealth Enhancement Group, LLC+			One stop						SF +			4.50%			(j)						8.49%															10/2028						2,845						2,842						0.1						2,845
			Wealth Enhancement Group, LLC+			One stop						SF +			4.50%			(j)						8.49%															10/2028						3,946						3,942						0.1						3,946
			Wealth Enhancement Group, LLC+			One stop						SF +			4.50%			(j)						8.36%															10/2028						3,383						3,368						0.1						3,383
			Wealth Enhancement Group, LLC+(5)			One stop																		N/A(6)															10/2028						—						(2)						—						—
																																													179,411						174,558						4.7						178,991
			Diversified Telecommunication Services
			NTI Connect, LLC*+			Senior secured						SF +			4.75%			(j)						8.57%															07/2027						1,529						1,525						—						1,529
			Electric Utilities
			Smart Energy Systems, Inc.+(25)			One stop						SF +			7.50%			(j)						7.74%			cash/			3.75%			PIK						01/2030						6,484						6,368						0.2						6,354
			Smart Energy Systems, Inc.+(25)			One stop						SF +			7.50%			(j)						7.74%			cash/			3.75%			PIK						01/2030						714						706						—						700
																																													7,198						7,074						0.2						7,054
			Electrical Equipment
			Power Grid Holdings, Inc.+			One stop						P +			3.75%			(a)						10.50%															12/2030						14						12						—						12
			Power Grid Holdings, Inc.+			One stop						SF +			4.75%			(j)						8.42%															12/2030						1,040						1,029						—						1,028
			Wildcat TopCo, Inc.+			One stop						SF +			4.50%			(j)						8.32%															11/2031						19,828						19,662						0.5						19,828
			Wildcat TopCo, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(35)						—						—
			Wildcat TopCo, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(18)						—						—
																																													20,882						20,650						0.5						20,868
			Electronic Equipment, Instruments & Components
			CST Holding Company+			One stop						SF +			5.00%			(i)						8.82%															11/2028						33,629						32,977						0.9						33,629
			CST Holding Company+(5)			One stop																		N/A(6)															11/2028						—						(2)						—						—
																																													33,629						32,975						0.9						33,629
			Food & Staples Retailing
			GMF Parent, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
			GMF Parent, Inc.+			One stop						SF +			4.50%			(j)						8.20%															12/2032						296						294						—						294
			GMF Parent, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
			GMF Parent, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(i)						9.22%															03/2030						1,075						1,066						—						1,075
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(i)						9.22%															03/2030						1,075						1,066						—						1,075
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(i)						9.22%															03/2030						988						986						—						988
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(i)						9.22%															03/2030						56						56						—						56
			Mendocino Farms, LLC+			One stop																		N/A(6)															03/2030						—						—						—						—
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(i)						9.22%															03/2030						110						110						—						110
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(i)						9.22%															03/2030						110						110						—						110
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(i)						9.22%															03/2030						56						56						—						56
			Mendocino Farms, LLC+(5)			One stop																		N/A(6)															03/2030						—						(56)						—						—
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(i)						9.22%															03/2030						56						56						—						56
			PDI TA Holdings, Inc.+			One stop						SF +			5.50%			(j)						9.34%															02/2031						11,522						11,472						0.3						11,522
			PDI TA Holdings, Inc.+			One stop						SF +			5.50%			(j)						9.34%															02/2031						65						64						—						65

See Notes to Consolidated Financial Statements.

16

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value(4)
			Wineshipping.com LLC+(25)			One stop						SF +			6.25%			(j)						4.82%			cash/			5.25%			PIK						12/2028						$	221					$	217					—			%			$	172
			Wineshipping.com LLC+(25)			One stop						SF +			6.25%			(j)						4.82%			cash/			5.25%			PIK						12/2028						10,881						10,742						0.2						8,704
			Wineshipping.com LLC+(25)			One stop						SF +			6.25%			(j)						4.82%			cash/			5.25%			PIK						12/2028						293						288						—						235
			Wineshipping.com LLC+(5)			One stop																		N/A(6)															12/2028						—						—						—						(176)
																																													26,804						26,527						0.5						24,342
			Food Products
			Blast Bidco Inc.*+			One stop						SF +			6.00%			(j)						9.67%															10/2030						4,843						4,795						0.1						4,843
			Blast Bidco Inc.+(5)			One stop																		N/A(6)															10/2029						—						(5)						—						—
			Borrower R365 Holdings, LLC+			One stop						SF +			6.00%			(j)						9.82%															06/2027						18,823						18,817						0.5						18,823
			Borrower R365 Holdings, LLC+			One stop						SF +			6.00%			(j)						9.82%															06/2027						1,556						1,550						—						1,556
			Borrower R365 Holdings, LLC+			One stop						SF +			6.00%			(j)						9.82%															06/2027						231						231						—						231
			Borrower R365 Holdings, LLC+			One stop																		N/A(6)															06/2027						—						—						—						—
			Eagle Family Foods Group, LLC+			One stop						SF +			5.00%			(k)						8.79%															08/2030						12,089						11,996						0.3						12,089
			Eagle Family Foods Group, LLC+(5)			One stop																		N/A(6)															08/2030						—						(12)						—						—
			Kodiak Cakes, LLC*+			Senior secured						SF +			5.25%			(k)						8.98%															06/2028						45,795						45,520						1.2						45,795
			Kodiak Cakes, LLC+(5)			Senior secured																		N/A(6)															06/2028						—						(3)						—						—
			Louisiana Fish Fry Products, Ltd.*+			One stop						SF +			6.25%			(j)						10.07%															07/2027						13,523						13,494						0.4						13,523
			Louisiana Fish Fry Products, Ltd.+			One stop						SF +			6.25%			(i)(j)						10.07%															07/2027						254						251						—						254
			MAPF Holdings, Inc.+			One stop						SF +			6.50%			(j)						10.17%															12/2026						51,303						51,129						1.3						49,764
			MAPF Holdings, Inc.+			One stop						SF +			6.50%			(j)						10.17%															12/2026						600						594						—						582
			MAPF Holdings, Inc.+			One stop						SF +			6.50%			(j)						10.17%															12/2026						1,644						1,620						—						1,596
			MAPF Holdings, Inc.+(25)			One stop						N/A												19.00%			PIK												12/2026						2,661						2,658						0.1						2,434
			P&P Food Safety Holdings, Inc.*+			One stop						SF +			5.25%			(j)						8.92%															05/2029						13,105						13,168						0.3						13,105
			P&P Food Safety Holdings, Inc.+(5)			One stop																		N/A(6)															05/2029						—						(6)						—						—
			P&P Food Safety Holdings, Inc.+(9)			One stop						E +			5.50%			(c)						7.52%															05/2029						12,114						11,737						0.3						12,114
			P&P Food Safety Holdings, Inc.+(5)			One stop																		N/A(6)															05/2029						—						(26)						—						—
			Sphynx UK Bidco, Ltd.+(8)(9)(10)			One stop						A +			4.50%			(e)						8.23%															09/2032						313						303						—						313
			Sphynx UK Bidco, Ltd.+(8)(9)(10)			One stop						E +			4.50%			(c)						6.52%															09/2032						304						300						—						304
			Sphynx UK Bidco, Ltd.+(8)(9)(10)			One stop						SN +			4.50%			(g)						8.22%															09/2032						1,410						1,393						—						1,410
			Wizard Bidco Limited+(8)(10)			One stop						SF +			6.00%			(j)						9.67%															03/2029						22,740						22,665						0.6						22,740
			Wizard Bidco Limited+(8)(9)(10)(25)			One stop						SN +			6.25%			(g)						8.47%			cash/			1.50%			PIK						03/2029						11,267						10,822						0.3						11,267
			Wizard Bidco Limited+(8)(9)(10)			One stop						SN +			6.00%			(g)						9.72%															03/2029						8,383						7,727						0.2						8,383
			Wizard Bidco Limited+(8)(9)(10)			One stop						SN +			4.75%			(g)						8.47%															09/2028						202						185						—						202
			Zullas, L.C.+(5)			One stop																		N/A(6)															06/2031						—						(1)						—						—
			Zullas, L.C.+			One stop						SF +			4.75%			(i)						8.47%															06/2031						438						436						—						438
			Zullas, L.C.+			One stop						SF +			4.75%			(i)						8.47%															06/2031						72						70						—						72
																																													223,670						221,408						5.6						221,838

See Notes to Consolidated Financial Statements.

17

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Healthcare Equipment & Supplies
			Aspen Medical Products, LLC*+			One stop						SF +			4.75%			(i)						8.47%															06/2028						$	6,994					$	6,966					0.2			%			$	6,994
			Aspen Medical Products, LLC+			One stop						SF +			4.75%			(i)						8.47%															06/2028						454						452						—						454
			Aspen Medical Products, LLC+(5)			One stop																		N/A(6)															06/2028						—						(1)						—						—
			Aspen Medical Products, LLC+			One stop						SF +			4.75%			(i)						8.47%															06/2028						888						881						—						888
			Baduhenna Bidco Limited+(8)(10)			One stop						SF +			6.45%			(h)						10.37%															08/2028						7,745						7,748						0.2						7,589
			Baduhenna Bidco Limited+(8)(9)(10)			One stop						E +			6.45%			(c)						8.48%															08/2028						4,866						4,788						0.1						4,768
			Baduhenna Bidco Limited+(8)(10)			One stop						SF +			6.45%			(h)						10.37%															08/2028						1,912						1,912						0.1						1,874
			Baduhenna Bidco Limited+(8)(9)(10)			One stop						SN +			6.45%			(g)						10.29%															08/2028						1,363						1,351						—						1,336
			Baduhenna Bidco Limited+(8)(9)(10)			One stop						E +			6.45%			(c)						8.47%															08/2028						1,161						1,093						—						1,137
			Baduhenna Bidco Limited+(8)(9)(10)			One stop						SN +			6.45%			(g)						10.29%															08/2028						1,208						1,165						—						1,156
			Belmont Instrument, LLC*+			One stop						SF +			5.25%			(j)						8.92%															08/2028						14,319						14,247						0.4						14,319
			Belmont Instrument, LLC+(5)			One stop																		N/A(6)															08/2028						—						(2)						—						—
			Blades Buyer, Inc.*+			Senior secured						SF +			4.75%			(i)						8.62%															03/2028						12,128						12,103						0.3						12,037
			Blades Buyer, Inc.*+			Senior secured						SF +			4.75%			(i)						8.62%															03/2028						1,720						1,711						0.1						1,708
			Blades Buyer, Inc.+			Senior secured						SF +			4.75%			(i)						8.62%															03/2028						1,391						1,386						—						1,380
			Blades Buyer, Inc.+(5)			Senior secured																		N/A(6)															03/2028						—						(1)						—						(3)
			Blades Buyer, Inc.+			Senior secured						SF +			4.75%			(i)						8.62%															03/2028						1,717						1,710						0.1						1,704
			Blades Buyer, Inc.+			Senior secured						SF +			4.75%			(i)						8.62%															03/2028						6,880						6,861						0.2						6,828
			Blades Buyer, Inc.+(5)			Senior secured																		N/A(6)															03/2028						—						(2)						—						(3)
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						3						3						—						3
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						5						5						—						5
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(j)						9.62%															08/2029						2						2						—						2
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(j)						9.59%															08/2029						2						2						—						2
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						4						4						—						4
			Blue River Pet Care, LLC*+			One stop						SF +			5.75%			(i)						9.57%															08/2029						62,124						62,002						1.6						62,124
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						12,303						12,334						0.3						12,303
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						2,868						2,875						0.1						2,868
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						2,757						2,764						0.1						2,757
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						2,730						2,737						0.1						2,730
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						2,098						2,104						0.1						2,098
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						1,242						1,239						—						1,242
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						412						411						—						412
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						180						177						—						180
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						291						291						—						291
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						297						295						—						297
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						225						225						—						225
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						255						255						—						255
			Blue River Pet Care, LLC+			One stop																		N/A(6)															08/2029						—						—						—						—
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						12						12						—						12
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						1						1						—						1
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						4						4						—						4
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.57%															08/2029						1						1						—						1
			CCSL Holdings, LLC*			One stop						SF +			5.75%			(i)						9.47%															12/2028						20,788						20,754						0.5						20,788
			CCSL Holdings, LLC*+			One stop						SF +			5.75%			(i)						9.47%															12/2028						5,613						5,624						0.2						5,613
			CCSL Holdings, LLC+(9)			One stop						SN +			5.75%			(g)						9.47%															12/2028						3,559						3,323						0.1						3,559
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(i)						9.47%															12/2028						3,454						3,431						0.1						3,454
			CCSL Holdings, LLC*+			One stop						SF +			5.75%			(i)						9.47%															12/2028						2,870						2,851						0.1						2,870
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(i)						9.47%															12/2028						543						540						—						543
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(i)						9.47%															12/2028						972						968						—						972
			CCSL Holdings, LLC+(9)			One stop						E +			5.75%			(b)						7.65%															12/2028						34,351						31,683						0.9						34,351
			CCSL Holdings, LLC+(9)			One stop						E +			5.75%			(b)						7.65%															12/2028						6,729						5,979						0.2						6,729
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(i)						9.47%															12/2028						2,760						2,749						0.1						2,760

See Notes to Consolidated Financial Statements.

18

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(i)						9.47%															12/2028						$	2,196					$	2,187					0.1			%			$	2,196
			Centegix Intermediate II, LLC+(25)			One stop						SF +			6.00%			(j)						6.63%			cash/			3.25%			PIK						08/2032						1,371						1,365						—						1,371
			Centegix Intermediate II, LLC+			One stop						SF +			5.50%			(j)						9.31%															08/2032						136						135						—						136
			Centegix Intermediate II, LLC+(5)			One stop																		N/A(6)															08/2032						—						(2)						—						—
			CMI Parent Inc.*			One stop						SF +			5.00%			(i)						8.72%															12/2026						22,299						22,253						0.6						22,299
			CMI Parent Inc.*+			One stop						SF +			5.00%			(i)						8.72%															12/2026						19,627						19,669						0.5						19,627
			CMI Parent Inc.*+			Senior secured						SF +			5.00%			(i)						8.72%															12/2026						9,410						9,403						0.3						9,410
			CMI Parent Inc.*+			One stop						SF +			5.00%			(i)						8.72%															12/2026						8,830						8,822						0.2						8,830
			CMI Parent Inc.+			One stop																		N/A(6)															12/2026						—						—						—						—
			HuFriedy Group Acquisition, LLC+			One stop						SF +			5.50%			(j)						9.32%															06/2031						7,831						7,771						0.2						7,831
			HuFriedy Group Acquisition, LLC+(5)			One stop																		N/A(6)															05/2030						—						(6)						—						—
			HuFriedy Group Acquisition, LLC+			One stop						SF +			5.50%			(j)(k)						9.18%															06/2031						1,714						1,690						0.1						1,714
			HuFriedy Group Acquisition, LLC+			One stop						SF +			5.50%			(j)						9.26%															06/2031						295						290						—						295
			Isto Group, Inc.+			One stop																		N/A(6)															09/2032						—						—						—						—
			Isto Group, Inc.+			One stop						SF +			4.75%			(j)						8.46%															09/2032						588						585						—						588
			Isto Group, Inc.+(5)			One stop																		N/A(6)															09/2032						—						(2)						—						—
			JHC Investment Intermediate Holdings, LLC+			One stop						SF +			8.00%			(j)						11.94%															03/2029						1,235						1,235						—						1,235
			JHC Investment Intermediate Holdings, LLC+			One stop						SF +			8.00%			(j)						11.94%															03/2029						922						761						—						922
			RTI Surgical, Inc.+(5)			One stop																		N/A(6)															09/2032						—						(2)						—						—
			RTI Surgical, Inc.+			One stop						SF +			4.75%			(i)						8.47%															09/2032						1,667						1,659						0.1						1,667
			TIDI Legacy Products, Inc.+			One stop						SF +			4.50%			(i)						8.22%															12/2029						3,476						3,526						0.1						3,476
			TIDI Legacy Products, Inc.+			One stop																		N/A(6)															12/2029						—						—						—						—
			TIDI Legacy Products, Inc.+			One stop						SF +			4.50%			(i)						8.22%															12/2029						931						922						—						931
			YI, LLC+			One stop						SF +			5.75%			(i)						9.49%															12/2029						4,374						4,374						0.1						4,374
			YI, LLC+(5)			One stop																		N/A(6)															12/2029						—						(1)						—						—
			ZimVie, Inc.+			One stop						SF +			4.75%			(j)						8.42%															10/2032						1,500						1,493						—						1,493
			ZimVie, Inc.+(5)			One stop																		N/A(6)															10/2032						—						(1)						—						(1)
			ZimVie, Inc.+			One stop						SF +			4.75%			(j)						8.42%															10/2032						80						79						—						79
																																													322,683						318,218						8.5						322,094

See Notes to Consolidated Financial Statements.

19

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Healthcare Providers & Services
			AAH TOPCO, LLC *+			One stop						SF +			5.25%			(i)						9.07%															12/2027						$	8,560					$	8,529					0.2			%			$	8,581
			AAH TOPCO, LLC +			One stop						SF +			5.25%			(i)						9.07%															12/2027						8,048						8,075						0.2						8,068
			AAH TOPCO, LLC +(25)			Subordinated debt						N/A												11.50%			PIK												12/2031						3,153						3,056						0.1						3,121
			AAH TOPCO, LLC +			One stop						SF +			5.25%			(i)						9.07%															12/2027						3,460						3,473						0.1						3,468
			AAH TOPCO, LLC +(5)			One stop																		N/A(6)															12/2027						—						(1)						—						—
			AAH TOPCO, LLC +			One stop						SF +			5.00%			(i)						8.82%															12/2027						2,487						2,456						0.1						2,487
			Active Day, Inc.*+			One stop						SF +			5.00%			(i)						8.72%															05/2027						17,164						17,129						0.4						17,079
			Active Day, Inc.+			One stop						SF +			5.00%			(i)						8.72%															05/2027						1,325						1,322						—						1,319
			Active Day, Inc.+			One stop						SF +			5.00%			(i)						8.72%															05/2027						854						852						—						850
			Active Day, Inc.+			One stop						SF +			5.00%			(i)						8.72%															05/2027						681						679						—						676
			Active Day, Inc.+			One stop						SF +			5.00%			(i)						8.72%															05/2027						601						599						—						597
			Active Day, Inc.+			One stop						SF +			5.00%			(i)						8.72%															05/2027						590						589						—						587
			Active Day, Inc.+(5)			One stop																		N/A(6)															05/2027						—						—						—						(2)
			Active Day, Inc.+			One stop																		N/A(6)															05/2027						—						—						—						—
			Active Day, Inc.+			One stop						SF +			5.00%			(i)						8.72%															05/2027						4,568						4,554						0.1						4,545
			Active Day, Inc.+			One stop						SF +			5.00%			(i)						8.72%															05/2027						6,578						6,558						0.2						6,545
			Active Day, Inc.+			One stop						SF +			5.00%			(i)						8.72%															05/2027						276						275						—						275
			Active Day, Inc.+(5)			One stop																		N/A(6)															05/2027						—						(1)						—						(1)
			Active Day, Inc.+			One stop						SF +			5.00%			(i)						8.72%															05/2027						94						94						—						94
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.00%			(j)						9.87%															03/2027						15,970						15,943						0.4						15,970
			Acuity Eyecare Holdings, LLC+(25)			One stop						N/A												16.50%			PIK												06/2027						17,512						17,450						0.5						17,687
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(j)						10.07%															03/2027						3,945						3,937						0.1						3,954
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(j)						10.12%															03/2027						3,513						3,507						0.1						3,522
			Acuity Eyecare Holdings, LLC*+			One stop						SF +			6.25%			(j)						10.07%															03/2027						3,504						3,496						0.1						3,513
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(j)						10.07%															03/2027						3,098						3,093						0.1						3,106
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.00%			(j)						9.95%															03/2027						1,980						1,977						0.1						1,980
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(j)						10.07%															03/2027						1,805						1,802						0.1						1,809
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.00%			(j)						9.94%															03/2027						1,010						1,008						—						1,010
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(j)						10.07%															03/2027						437						436						—						439
			Acuity Eyecare Holdings, LLC+(25)			One stop						SF +			13.00%			(j)						10.07%			cash/			6.75%			PIK						03/2027						299						298						—						306
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.00%			(j)						9.99%															03/2027						209						209						—						209
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(j)						10.07%															03/2027						161						161						—						162
			Acuity Eyecare Holdings, LLC+			Senior secured						SF +			6.25%			(j)						10.23%															03/2027						106						106						—						107
			Acuity Eyecare Holdings, LLC+(25)			One stop						SF +			13.00%			(j)						10.10%			cash/			6.75%			PIK						03/2027						117						117						—						120
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(j)						10.07%															03/2027						1						1						—						1
			Acuity Eyecare Holdings, LLC+			One stop																		N/A(6)															03/2027						—						—						—						—
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+(25)			Subordinated debt						N/A												13.75%			PIK												03/2028						18,612						18,732						0.5						18,612
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC*+			One stop						SF +			6.00%			(j)						9.92%															03/2027						6,336						6,341						0.2						6,336
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			One stop						SF +			6.00%			(j)						9.92%															03/2027						5,296						5,296						0.1						5,296
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+(25)			Subordinated debt						N/A												13.75%			PIK												03/2028						4,039						4,025						0.1						4,039
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+(25)			Subordinated debt						N/A												13.75%			PIK												03/2028						1,545						1,540						—						1,545
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			One stop						SF +			6.00%			(j)						9.94%															03/2027						826						826						—						826
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			One stop						SF +			6.00%			(j)						9.94%															03/2027						392						392						—						392
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			One stop																		N/A(6)															03/2027						—						—						—						—
			Bamboo US Bidco LLC+			One stop						SF +			5.00%			(i)(j)						8.83%															09/2030						1,360						1,354						—						1,360
			Bamboo US Bidco LLC+			One stop						SF +			5.00%			(i)						8.79%															09/2030						1,134						1,134						—						1,134
			Bamboo US Bidco LLC*+			One stop						SF +			5.25%			(j)						9.09%															09/2030						2,706						2,659						0.1						2,706

See Notes to Consolidated Financial Statements.

20

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Bamboo US Bidco LLC+			One stop						SF +			5.25%			(j)						9.09%															09/2030						$	414					$	413					—			%			$	414
			Bamboo US Bidco LLC+(5)			One stop																		N/A(6)															10/2029						—						(10)						—						—
			Bamboo US Bidco LLC+(9)			One stop						E +			5.00%			(c)						7.07%															09/2030						1,978						1,745						0.1						1,978
			Bayou Intermediate II, LLC+(5)			One stop																		N/A(6)															09/2032						—						(1)						—						—
			Bayou Intermediate II, LLC+			One stop						SF +			4.75%			(j)						8.42%															09/2032						1,410						1,403						—						1,410
			Bayou Intermediate II, LLC+			One stop						SF +			4.75%			(i)(j)						8.43%															09/2032						153						151						—						153
			Benefit Plan Administrators of Eau Claire, LLC+(5)			One stop																		N/A(6)															11/2030						—						(11)						—						—
			Benefit Plan Administrators of Eau Claire, LLC*			One stop						SF +			4.75%			(j)						8.57%															11/2030						12,940						12,875						0.3						12,940
			Benefit Plan Administrators of Eau Claire, LLC+(5)			One stop																		N/A(6)															11/2030						—						(37)						—						—
			Benefit Plan Administrators of Eau Claire, LLC+			One stop						SF +			4.75%			(j)						8.57%															11/2030						9,925						9,872						0.3						9,925
			BHG Holdings, LLC+			One stop						SF +			5.50%			(j)						9.34%															04/2032						24,732						24,537						0.6						24,732
			BHG Holdings, LLC+(5)			One stop																		N/A(6)															04/2032						—						(25)						—						—
			BHG Holdings, LLC+(5)			One stop																		N/A(6)															04/2032						—						(56)						—						—
			Community Care Partners, LLC+			One stop						SF +			6.00%			(i)						9.83%															06/2026						3,445						3,405						0.1						3,445
			Datix Bidco Limited and RL Datix Holdings, Inc.+(8)(10)			One stop						SF +			5.00%			(k)						8.73%															04/2031						771						760						—						771
			Datix Bidco Limited and RL Datix Holdings, Inc.+(8)(9)(10)			One stop						SN +			5.00%			(g)						8.72%															04/2031						482						446						—						482
			Datix Bidco Limited and RL Datix Holdings, Inc.+(5)(8)(10)			One stop																		N/A(6)															04/2031						—						(1)						—						—
			Datix Bidco Limited and RL Datix Holdings, Inc.+(5)(8)(10)			One stop																		N/A(6)															10/2030						—						(2)						—						—
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						15,593						15,208						0.4						15,593
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						8,137						7,939						0.2						8,137
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						4,209						4,175						0.1						4,209
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						2,140						2,088						0.1						2,140
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						1,889						1,874						0.1						1,889
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						1,176						1,157						—						1,176
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						977						945						—						977
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						962						939						—						962
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						921						899						—						921
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						834						814						—						834
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						423						409						—						423
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						358						349						—						358
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						175						171						—						175
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)						10.72%															02/2027						168						163						—						168
			Encorevet Group LLC+			One stop						SF +			6.75%			(j)(k)						10.80%															02/2027						94						92						—						94
			Encorevet Group LLC+(25)			One stop						N/A												13.00%			PIK												05/2027						112						106						—						110
			Encorevet Group LLC+			One stop						SF +			8.75%			(j)						12.70%															02/2027						184						184						—						187
			ERC Topco Holdings, LLC+			One stop						SF +			5.50%			(j)						9.46%															03/2030						1,374						1,309						—						1,374
			ERC Topco Holdings, LLC+(25)			One stop						SF +			6.76%			(j)						1.00%			cash/			9.76%			PIK						03/2030						7,872						7,294						0.2						6,455
			ERC Topco Holdings, LLC+			One stop						SF +			5.50%			(j)						9.43%															03/2030						76						76						—						76
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.00%			(l)						7.30%															09/2029						11,108						11,285						0.3						11,108
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.00%			(l)						7.30%															09/2029						4,015						4,052						0.1						4,015
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.00%			(l)						7.30%															09/2029						2,735						2,774						0.1						2,735
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.00%			(l)						7.30%															09/2029						2,604						2,634						0.1						2,604
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(12)			One stop						SF +			5.00%			(j)						8.84%															09/2029						1,105						1,097						—						1,105
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.*+(8)(12)			One stop						SF +			5.00%			(j)						8.84%															09/2029						554						550						—						554
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.00%			(l)						7.30%															09/2029						475						471						—						475

See Notes to Consolidated Financial Statements.

21

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.00%			(l)						7.30%															09/2029						$	288					$	280					—			%			$	288
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.00%			(l)						7.30%															09/2029						106						103						—						106
			Heartland Veterinary Partners LLC+			Senior secured						SF +			4.75%			(k)						8.80%															06/2028						2,500						2,506						0.1						2,500
			Heartland Veterinary Partners LLC+			Senior secured						SF +			4.75%			(k)						8.80%															06/2028						1,187						1,182						—						1,187
			Heartland Veterinary Partners LLC+			Senior secured																		N/A(6)															06/2028						—						—						—						—
			HP TLE Buyer, Inc.+			One stop						SF +			4.75%			(j)						8.42%															07/2032						1,639						1,632						0.1						1,639
			HP TLE Buyer, Inc.+(5)			One stop																		N/A(6)															07/2032						—						(2)						—						—
			Krueger-Gilbert Health Physics, LLC*+			Senior secured						SF +			5.00%			(j)						8.67%															11/2026						2,565						2,560						0.1						2,565
			Krueger-Gilbert Health Physics, LLC*+			Senior secured						SF +			5.00%			(j)						8.67%															11/2026						2,065						2,059						0.1						2,065
			Krueger-Gilbert Health Physics, LLC*			Senior secured						SF +			5.00%			(j)						8.67%															11/2026						1,505						1,504						—						1,505
			Krueger-Gilbert Health Physics, LLC*+			Senior secured						SF +			5.00%			(j)						8.67%															11/2026						1,383						1,380						—						1,383
			Krueger-Gilbert Health Physics, LLC+			Senior secured						SF +			5.00%			(j)						8.67%															11/2026						607						605						—						607
			Krueger-Gilbert Health Physics, LLC+			Senior secured						SF +			5.00%			(j)						8.73%															11/2026						284						283						—						284
			Krueger-Gilbert Health Physics, LLC+			Senior secured																		N/A(6)															11/2026						—						—						—						—
			Krueger-Gilbert Health Physics, LLC+			One stop						SF +			5.00%			(j)						8.67%															11/2026						663						661						—						663
			Krueger-Gilbert Health Physics, LLC+			Senior secured						SF +			5.00%			(j)						8.67%															11/2026						296						296						—						296
			LOV Acquisition LLC*+			Senior secured						SF +			4.25%			(i)						7.97%															11/2031						25,123						25,017						0.7						25,123
			LOV Acquisition LLC+(5)			Senior secured																		N/A(6)															11/2031						—						(11)						—						—
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)			One stop						CA +			5.25%			(m)						7.51%															05/2028						25,776						27,780						0.7						25,777
			New Look Corporation and New Look Vision Group Inc. *+(8)(12)			One stop						SF +			5.25%			(j)						8.92%															05/2028						5,806						5,744						0.2						5,806
			New Look Corporation and New Look Vision Group Inc. *+(8)(12)			One stop						SF +			5.25%			(j)						8.92%															05/2028						4,097						4,032						0.1						4,097
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)			One stop						CA +			5.25%			(m)						7.51%															05/2028						1,596						1,678						—						1,596
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)			One stop						CA +			5.25%			(m)						7.51%															05/2028						831						859						—						831
			New Look Corporation and New Look Vision Group Inc. +(8)(12)			One stop						SF +			5.25%			(j)						8.92%															05/2028						130						125						—						130
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)			One stop						CA +			5.25%			(m)						7.51%															05/2028						198						190						—						198
			New Look Corporation and New Look Vision Group Inc. +(5)(8)(12)			One stop																		N/A(6)															05/2028						—						(2)						—						—
			Pinnacle Treatment Centers, Inc.*			One stop						SF +			5.75%			(j)						9.57%															01/2027						18,084						17,979						0.5						17,903
			Pinnacle Treatment Centers, Inc.*			One stop						SF +			5.75%			(j)						9.57%															01/2027						12,115						12,071						0.3						11,994
			Pinnacle Treatment Centers, Inc.*+			One stop						SF +			5.75%			(j)						9.57%															01/2027						2,436						2,428						0.1						2,411
			Pinnacle Treatment Centers, Inc.*			One stop						SF +			5.75%			(j)						9.57%															01/2027						2,353						2,344						0.1						2,330
			Pinnacle Treatment Centers, Inc.*+			One stop						SF +			5.75%			(j)						9.57%															01/2027						1,488						1,482						—						1,472
			Pinnacle Treatment Centers, Inc.*+			One stop						SF +			5.75%			(j)						9.57%															01/2027						1,350						1,346						—						1,337
			Pinnacle Treatment Centers, Inc.+			One stop						SF +			5.75%			(j)						9.57%															01/2027						671						671						—						665
			Pinnacle Treatment Centers, Inc.+			One stop						SF +			5.75%			(j)						9.57%															01/2027						526						521						—						521
			Pinnacle Treatment Centers, Inc.+			One stop						SF +			5.75%			(j)						9.57%															01/2027						178						176						—						176
			Pinnacle Treatment Centers, Inc.+			One stop						SF +			5.75%			(j)						9.57%															01/2027						101						101						—						100
			Pinnacle Treatment Centers, Inc.+			One stop						P +			4.50%			(a)(i)						10.81%															01/2027						695						677						—						675
			PPV Intermediate Holdings, LLC+			One stop						SF +			5.75%			(j)						9.63%															08/2029						96						90						—						90
			PPV Intermediate Holdings, LLC*+			One stop						SF +			5.75%			(j)						9.57%															08/2029						14,012						13,953						0.4						13,871
			PPV Intermediate Holdings, LLC+(25)			One stop						N/A												13.75%			PIK												08/2030						2,136						2,109						0.1						2,066
			PPV Intermediate Holdings, LLC+(25)			One stop						N/A												13.75%			PIK												08/2030						89						86						—						86
			PPV Intermediate Holdings, LLC+(25)			One stop						N/A												13.75%			PIK												08/2030						493						489						—						477
			PPV Intermediate Holdings, LLC+(25)			One stop						N/A												13.75%			PIK												08/2030						90						90						—						87
			PPV Intermediate Holdings, LLC+(25)			One stop						N/A												14.75%			PIK												08/2030						10,731						10,784						0.3						10,731
			PPV Intermediate Holdings, LLC+			One stop						SF +			5.25%			(j)						9.07%															08/2029						5,474						5,401						0.1						5,334
			Premise Health Holding Corp.+			One stop						SF +			4.50%			(j)						8.17%															11/2032						1,373						1,365						—						1,360
			Premise Health Holding Corp.+(5)			One stop																		N/A(6)															11/2031						—						(2)						—						(3)

See Notes to Consolidated Financial Statements.

22

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Premise Health Holding Corp.+			One stop						SF +			4.50%			(j)						8.17%															11/2032						$	657					$	650					—			%			$	650
			Premise Health Holding Corp.+(5)			One stop																		N/A(6)															11/2032						—						(1)						—						(3)
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(j)						8.74%															05/2027						24,775						24,806						0.6						24,775
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(j)						8.74%															05/2027						2,562						2,554						0.1						2,562
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(j)						8.73%															05/2027						2,142						2,138						0.1						2,142
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(j)						8.72%															05/2027						1,177						1,175						—						1,177
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(j)						8.74%															05/2027						1,078						1,076						—						1,078
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(j)						8.74%															05/2027						728						727						—						728
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(j)						8.74%															05/2027						241						241						—						241
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(j)						8.74%															05/2027						213						212						—						213
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(j)						8.74%															05/2027						199						199						—						199
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(j)						8.72%															05/2027						199						199						—						199
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(j)						8.74%															05/2027						78						78						—						78
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(j)						8.66%															05/2027						80						80						—						80
			Suveto Buyer, LLC+			One stop						P +			3.50%			(a)						10.25%															09/2027						18						17						—						18
			Suveto Buyer, LLC*+			One stop						SF +			4.50%			(i)						8.22%															09/2027						27,387						27,384						0.7						27,387
			Suveto Buyer, LLC+			One stop						SF +			4.50%			(i)						8.22%															09/2027						11,145						11,072						0.3						11,145
																																													506,687						505,825						12.8						504,532
			Healthcare Technology
			Amberfield Acquisition Co.*+			One stop						SF +			5.50%			(j)						9.17%															05/2030						7,138						7,113						0.2						7,138
			Amberfield Acquisition Co.+			One stop						SF +			5.50%			(j)						9.17%															05/2030						176						169						—						176
			Amberfield Acquisition Co.+			One stop						SF +			5.50%			(j)						9.17%															05/2030						164						162						—						164
			Color Intermediate, LLC*+			Senior secured						SF +			4.75%			(j)						8.52%															10/2029						17,345						17,313						0.5						17,345
			Connexin Software, Inc.+			One stop						SF +			6.00%			(j)						9.67%															03/2027						11,730						11,713						0.3						11,730
			Connexin Software, Inc.+			One stop																		N/A(6)															03/2027						—						—						—						—
			Crow River Buyer, Inc.+			One stop						SF +			6.00%			(j)						9.84%															01/2029						6,032						6,020						0.2						6,032
			Crow River Buyer, Inc.+(5)			One stop																		N/A(6)															01/2029						—						(1)						—						—
			Crow River Buyer, Inc.+			One stop						SF +			6.00%			(i)						9.72%															01/2029						8,700						8,635						0.2						8,700
			ESO Solution, Inc.+			One stop						SF +			6.75%			(j)						10.58%															05/2027						11,359						11,374						0.3						11,359
			ESO Solution, Inc.+			One stop						SF +			6.75%			(j)						10.58%															05/2027						3,803						3,767						0.1						3,803
			ESO Solution, Inc.+			One stop						SF +			6.75%			(j)(k)						10.55%															03/2027						128						128						—						128
			GHX Ultimate Parent Corporation+			One stop						SF +			4.75%			(j)						8.42%															12/2031						53,614						53,156						1.4						53,614
			GHX Ultimate Parent Corporation+(5)			One stop																		N/A(6)															12/2031						—						(43)						—						—
			Healthmark Holdings, L.P.+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						—
			Healthmark Holdings, L.P.+			One stop						SF +			4.50%			(j)						8.32%															07/2032						1,499						1,492						—						1,499
			Healthmark Holdings, L.P.+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						—
			Kona Buyer, LLC+			One stop						SF +			4.50%			(j)						8.36%															07/2031						15,674						15,549						0.4						15,674
			Kona Buyer, LLC+(5)			One stop																		N/A(6)															07/2031						—						(15)						—						—
			Kona Buyer, LLC+			One stop						SF +			4.50%			(j)						8.36%															07/2031						920						920						—						920
			Kona Buyer, LLC+			One stop						SF +			4.50%			(j)						8.36%															07/2031						259						258						—						259
			Kona Buyer, LLC+			One stop																		N/A(6)															07/2031						—						—						—						—
			Kona Buyer, LLC+			One stop																		N/A(6)															07/2031						—						—						—						—
			Kona Buyer, LLC+			One stop																		N/A(6)															07/2031						—						—						—						—
			Kona Buyer, LLC+			One stop																		N/A(6)															07/2031						—						—						—						—
			Lacker Bidco Limited+(8)(9)(10)			One stop						SN +			5.75%			(g)						9.47%															02/2031						638						600						—						638
			Lacker Bidco Limited+(8)(9)(10)			One stop						SN +			5.75%			(g)						9.47%															02/2031						851						837						—						851
			Lacker Bidco Limited+(5)(8)(9)(10)			One stop																		N/A(6)															08/2030						—						(2)						—						—
			Lacker Bidco Limited+(8)(9)(10)			One stop						SN +			5.50%			(g)						9.22%															02/2031						30						30						—						25
			Modernizing Medicine, Inc.+(25)			One stop						SF +			4.75%			(j)						6.17%			cash/			2.25%			PIK						04/2032						32,565						32,276						0.8						32,565
			Modernizing Medicine, Inc.+(5)			One stop																		N/A(6)															04/2032						—						(27)						—						—
			Neptune Holdings, Inc.*			One stop						SF +			4.50%			(j)						8.17%															09/2030						15,976						16,054						0.4						15,976
			Neptune Holdings, Inc.+			One stop																		N/A(6)															08/2029						—						—						—						—
			Netsmart Technologies, Inc.+(25)			One stop						SF +			5.20%			(i)						6.22%			cash/			2.70%			PIK						08/2031						53,460						53,022						1.4						53,460

See Notes to Consolidated Financial Statements.

23

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Netsmart Technologies, Inc.+(5)			One stop																		N/A(6)															08/2031						$	—					$	(56)					—			%			$	—
			Netsmart Technologies, Inc.+(5)			One stop																		N/A(6)															08/2031						—						(28)						—						—
			Netsmart Technologies, Inc.+(25)			One stop						SF +			5.20%			(i)						6.22%			cash/			2.70%			PIK						08/2031						502						500						—						502
			Plasma Buyer LLC+(7)(25)			One stop						SF +			5.75%			(j)						9.42%			PIK												05/2029						8,378						7,820						0.2						6,870
			Plasma Buyer LLC+(7)(25)			One stop						SF +			5.75%			(j)						9.42%			PIK												05/2029						317						296						—						260
			Plasma Buyer LLC+(7)(25)			One stop						SF +			5.75%			(j)						9.42%			PIK												05/2028						116						108						—						96
			QF Holdings, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
			QF Holdings, Inc.+			One stop						SF +			4.50%			(j)						8.19%															12/2032						372						372						—						370
			QF Holdings, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
			Signant Finance One Limited+(5)			One stop																		N/A(6)															10/2031						—						(1)						—						(1)
			Signant Finance One Limited+(25)			One stop						SF +			4.75%			(j)						8.42%			PIK												10/2031						1,507						1,493						—						1,492
			Signant Finance One Limited+(5)			One stop																		N/A(6)															10/2031						—						(2)						—						(3)
			Transaction Data Systems, Inc.*+			One stop						SF +			4.25%			(j)						8.07%															08/2026						74,241						74,189						1.9						74,241
			Transaction Data Systems, Inc.+			One stop																		N/A(6)															08/2026						—						—						—						—
																																													327,494						325,189						8.3						325,883
			Hotels, Restaurants & Leisure
			Barteca Restaurants, LLC*+			One stop						SF +			6.00%			(j)(k)						9.82%															08/2028						13,506						13,487						0.4						13,506
			Barteca Restaurants, LLC+			One stop						SF +			6.00%			(k)						9.95%															08/2028						681						678						—						681
			Barteca Restaurants, LLC+			One stop						SF +			6.00%			(j)						9.82%															08/2028						465						439						—						465
			Barteca Restaurants, LLC+			One stop						SF +			6.00%			(j)(k)						9.94%															08/2028						200						199						—						200
			BJH Holdings III Corp.*+			One stop						SF +			5.00%			(j)						8.69%															08/2027						69,390						69,197						1.8						69,390
			BJH Holdings III Corp.+			One stop						SF +			5.00%			(j)						8.69%															08/2027						651						644						—						651
			BJH Holdings III Corp.+			One stop						SF +			5.00%			(j)						8.69%															08/2027						5,533						5,486						0.2						5,533
			Cafe Rio Holding, Inc.*+			One stop						SF +			5.75%			(j)						9.74%															09/2028						17,766						17,767						0.5						17,589
			Cafe Rio Holding, Inc.*+			One stop						SF +			5.75%			(j)						9.74%															09/2028						3,168						3,158						0.1						3,136
			Cafe Rio Holding, Inc.*+			One stop						SF +			5.75%			(j)						9.74%															09/2028						2,128						2,128						0.1						2,106
			Cafe Rio Holding, Inc.*			One stop						SF +			5.75%			(j)						9.74%															09/2028						1,350						1,350						—						1,337
			Cafe Rio Holding, Inc.*+			One stop						SF +			5.75%			(j)						9.74%															09/2028						1,192						1,193						—						1,181
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(i)(j)						9.67%															09/2028						247						247						—						245
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(j)						9.74%															09/2028						171						171						—						169
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(j)						9.74%															09/2028						123						122						—						121
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(j)						9.74%															09/2028						97						97						—						96
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(j)						9.74%															09/2028						96						95						—						95
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(j)						9.74%															09/2028						77						77						—						77
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(j)						9.74%															09/2028						49						49						—						48
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(j)						9.74%															09/2028						55						55						—						55
			CB Sports Holdings Bidco, LLC+			One stop																		N/A(6)															12/2032						—						—						—						—
			CB Sports Holdings Bidco, LLC+			One stop						SF +			4.50%			(j)						8.20%															12/2032						185						184						—						184
			CB Sports Holdings Bidco, LLC+(5)			One stop																		N/A(6)															12/2032						—						(1)						—						(1)
			CB Sports Holdings Bidco, LLC+			One stop																		N/A(6)															12/2032						—						—						—						—
			CR Fitness Holdings, LLC+			Senior secured						SF +			4.25%			(j)						7.92%															10/2031						32						31						—						31
			CR Fitness Holdings, LLC+			Senior secured						SF +			4.25%			(j)						7.92%															10/2032						1,500						1,496						—						1,496
			CR Fitness Holdings, LLC+(5)			Senior secured																		N/A(6)															10/2032						—						(1)						—						(1)
			Crumbl Enterprises, LLC+(5)			One stop																		N/A(6)															05/2032						—						(12)						—						—
			Crumbl Enterprises, LLC*+			One stop						SF +			4.50%			(j)						8.17%															05/2032						32,245						32,100						0.8						32,245
			ESN Venture Holdings, LLC*+(25)			One stop						SF +			6.26%			(j)						6.55%			cash/			3.38%			PIK						10/2029						5,377						5,324						0.1						5,377
			ESN Venture Holdings, LLC+(25)			One stop						SF +			6.26%			(j)						6.54%			cash/			3.38%			PIK						10/2029						921						915						—						921
			ESN Venture Holdings, LLC+(25)			One stop						SF +			6.26%			(j)						6.55%			cash/			3.38%			PIK						10/2029						814						806						—						814
			ESN Venture Holdings, LLC+(25)			One stop						SF +			6.26%			(j)						6.55%			cash/			3.38%			PIK						10/2029						374						370						—						374
			ESN Venture Holdings, LLC+(25)			One stop						SF +			6.26%			(j)						6.55%			cash/			3.38%			PIK						10/2029						182						181						—						182
			ESN Venture Holdings, LLC+(5)			One stop																		N/A(6)															10/2029						—						(8)						—						—
			ESN Venture Holdings, LLC+(5)(25)			One stop						SF +			6.26%			(j)						6.54%			cash/			3.38%			PIK						10/2029						3						(18)						—						3
			ESN Venture Holdings, LLC+(25)			One stop						SF +			6.26%			(j)						6.55%			cash/			3.38%			PIK						10/2029						440						438						—						440

See Notes to Consolidated Financial Statements.

24

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			ESN Venture Holdings, LLC+(25)			One stop						SF +			6.26%			(j)						6.55%			cash/			3.38%			PIK						10/2029						$	1,595					$	1,584					—			%			$	1,595
			ESN Venture Holdings, LLC+(25)			One stop						SF +			6.25%			(j)						6.69%			cash/			3.38%			PIK						10/2029						4,007						3,988						0.1						4,007
			GFP Atlantic Holdco 2, LLC+			One stop						SF +			6.00%			(j)						9.87%															11/2027						1,064						1,063						—						1,064
			GFP Atlantic Holdco 2, LLC+			One stop						SF +			6.00%			(j)						9.85%															11/2027						796						787						—						796
			Harri US LLC+(25)			One stop						SF +			7.25%			(j)						6.32%			cash/			4.75%			PIK						08/2028						1,320						1,299						—						1,267
			Harri US LLC+(25)			One stop						SF +			7.25%			(j)						6.32%			cash/			4.75%			PIK						08/2028						893						889						—						857
			Harri US LLC+(25)			One stop						SF +			7.25%			(j)						6.32%			cash/			4.75%			PIK						08/2028						867						863						—						832
			Harri US LLC+(5)			One stop																		N/A(6)															08/2028						—						—						—						(2)
			Harri US LLC+(25)			One stop						SF +			7.25%			(j)						6.32%			cash/			4.75%			PIK						08/2028						1,613						1,518						—						1,549
			Harri US LLC+			One stop						N/A												14.00%															08/2028						2,077						2,051						0.1						2,077
			Health Buyer, LLC*+			Senior secured						SF +			4.75%			(j)						8.42%															04/2030						6,623						6,575						0.2						6,623
			Health Buyer, LLC+			Senior secured						SF +			4.75%			(i)						8.48%															04/2030						38						38						—						38
			Health Buyer, LLC+(5)			Senior secured																		N/A(6)															04/2030						—						(3)						—						—
			Olo Parent, Inc.+			One stop						SF +			4.50%			(j)						8.32%															09/2032						2,326						2,320						0.1						2,326
			Olo Parent, Inc.+			One stop																		N/A(6)															09/2032						—						—						—						—
			Patriot Acquireco, LLC+			One stop						SF +			4.50%			(j)						8.18%															09/2032						36						35						—						36
			Patriot Acquireco, LLC+			One stop						SF +			4.50%			(j)						8.17%															09/2032						1,814						1,805						0.1						1,814
			PB Group Holdings, LLC+(25)			One stop						SF +			5.50%			(i)						6.47%			cash/			2.75%			PIK						08/2030						37,754						37,613						1.0						37,754
			PB Group Holdings, LLC+			One stop						SF +			5.00%			(i)						8.72%															08/2030						1,832						1,815						0.1						1,832
			QSR Acquisition Co.+			One stop						SF +			4.25%			(i)						7.97%															06/2032						1,522						1,516						—						1,522
			QSR Acquisition Co.+			One stop																		N/A(6)															06/2032						—						—						—						—
			QSR Acquisition Co.+(5)			One stop																		N/A(6)															06/2032						—						(1)						—						—
			Rooster BidCo Limited+(8)(9)(10)			One stop						SN +			5.00%			(g)						8.72%															03/2032						119						112						—						119
			Rooster BidCo Limited+(8)(9)(10)			One stop						SN +			5.00%			(g)						8.72%															03/2032						4,995						4,757						0.1						4,995
			Rooster BidCo Limited+(5)(8)(9)(10)			One stop																		N/A(6)															03/2032						—						(23)						—						—
			Saguaro Buyer, LLC+			One stop																		N/A(6)															07/2032						—						—						—						—
			Saguaro Buyer, LLC+			One stop						SF +			4.50%			(j)						8.17%															07/2032						399						397						—						399
			Saguaro Buyer, LLC+			One stop						SF +			4.50%			(j)						8.34%															07/2032						217						216						—						217
			Saguaro Buyer, LLC+			One stop						SF +			4.50%			(j)						8.17%															07/2032						54						52						—						54
			SDC Holdco, LLC+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						—
			SDC Holdco, LLC+			One stop						SF +			4.38%			(i)						8.10%															07/2032						1,788						1,780						0.1						1,788
			SSRG Holdings, LLC*			One stop						SF +			4.75%			(j)						8.42%															11/2029						12,376						12,284						0.3						12,376
			SSRG Holdings, LLC*+			One stop						SF +			4.75%			(j)						8.42%															11/2029						7,682						7,685						0.2						7,682
			SSRG Holdings, LLC+			One stop						SF +			4.75%			(j)						8.42%															11/2029						636						623						—						636
			SSRG Holdings, LLC+			One stop						SF +			4.75%			(j)						8.42%															11/2029						606						602						—						606
			SSRG Holdings, LLC+(5)			One stop																		N/A(6)															11/2029						—						(1)						—						—
			SSRG Holdings, LLC+			One stop						SF +			4.75%			(j)						8.42%															11/2029						676						673						—						676
			YE Brands Holding, LLC*+			One stop						SF +			4.75%			(j)						8.42%															10/2027						17,410						17,524						0.5						17,410
			YE Brands Holding, LLC+			One stop						SF +			4.75%			(j)						8.42%															10/2027						1,176						1,172						—						1,176
			YE Brands Holding, LLC+			One stop						SF +			4.75%			(j)						8.42%															10/2027						24						24						—						24
																																													273,353						272,075						6.9						272,891
			Household Durables
			TLB Holdings I, LLC+(5)			One stop																		N/A(6)															10/2031						—						(1)						—						(1)
			TLB Holdings I, LLC+			One stop						SF +			4.75%			(j)						8.62%															10/2031						556						553						—						553
			TLB Holdings I, LLC+(5)			One stop																		N/A(6)															10/2031						—						(1)						—						(1)
																																													556						551						—						551
			Household Products
			WU Holdco, Inc.+			One stop						SF +			4.75%			(j)						8.42%															04/2032						9,540						9,497						0.3						9,540
			WU Holdco, Inc.+			One stop						SF +			4.75%			(j)						8.44%															04/2032						62						59						—						62
			WU Holdco, Inc.+(5)			One stop																		N/A(6)															04/2032						—						(5)						—						—
																																													9,602						9,551						0.3						9,602

See Notes to Consolidated Financial Statements.

25

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Industrial Conglomerates
			Arch Global CCT Holdings Corp.*+			Senior secured						SF +			4.75%			(j)						8.52%															04/2026						$	3,151					$	3,137					0.1			%			$	2,993
			Arch Global CCT Holdings Corp.+			Senior secured						SF +			4.75%			(j)						8.52%															04/2026						634						624						—						602
			Arch Global CCT Holdings Corp.+			Senior secured						SF +			4.75%			(j)						8.52%															04/2026						589						580						—						560
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(j)						8.42%															07/2029						5,752						5,740						0.2						5,752
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(j)						8.69%															07/2029						1,077						1,060						—						1,077
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(j)						8.42%															07/2029						1,459						1,450						—						1,459
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(j)						8.42%															07/2029						466						464						—						466
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(j)						8.42%															07/2029						547						540						—						547
			Dwyer Instruments, Inc.+(5)(9)			One stop																		N/A(6)															07/2029						—						(28)						—						—
			Dwyer Instruments, Inc.+(9)			One stop						E +			5.00%			(c)						7.02%															07/2029						52,904						47,127						1.4						52,904
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(j)						8.42%															07/2029						6,418						6,362						0.2						6,418
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(j)						8.42%															07/2029						1,481						1,470						—						1,481
			Essential Services Holdings Corporation+			One stop						SF +			5.00%			(j)						8.88%															06/2031						11,514						11,424						0.3						11,399
			Essential Services Holdings Corporation+			One stop						SF +			5.00%			(j)						8.88%															06/2030						564						554						—						554
			Essential Services Holdings Corporation+(5)			One stop																		N/A(6)															06/2031						—						(9)						—						(23)
			Excelitas Technologies Corp.+(5)			One stop																		N/A(6)															08/2029						—						(43)						—						—
			Excelitas Technologies Corp.*+			One stop						SF +			5.25%			(i)						8.97%															08/2029						10,022						9,974						0.3						10,022
			Excelitas Technologies Corp.+(9)			One stop						E +			5.25%			(b)						7.15%															08/2029						1,999						1,774						0.1						1,999
			Excelitas Technologies Corp.+(5)			One stop																		N/A(6)															08/2028						—						(2)						—						—
																																													98,577						92,198						2.6						98,210
			Insurance
			AMBA Buyer, Inc.*+			One stop						SF +			5.25%			(j)						9.02%															07/2027						4,411						4,418						0.1						4,411
			AMBA Buyer, Inc.+			One stop						SF +			5.25%			(j)						9.02%															07/2027						1,313						1,312						—						1,313
			AMBA Buyer, Inc.+			One stop						SF +			5.25%			(j)						9.02%															07/2027						1,108						1,106						—						1,108
			AMBA Buyer, Inc.+			One stop																		N/A(6)															07/2027						—						—						—						—
			AMBA Buyer, Inc.+			One stop						SF +			5.25%			(j)						9.02%															07/2027						160						160						—						160
			Bellwether Buyer, LLC+(5)			One stop																		N/A(6)															04/2032						—						(5)						—						—
			Bellwether Buyer, LLC+			One stop						SF +			4.50%			(i)						8.23%															04/2032						5,031						5,009						0.1						5,031
			Bellwether Buyer, LLC+(5)			One stop																		N/A(6)															04/2032						—						(6)						—						—
			Ben Nevis Midco Limited+(8)(10)			One stop						SF +			5.50%			(j)						9.34%															03/2028						561						555						—						561
			Ben Nevis Midco Limited+(8)(10)			One stop						SF +			5.50%			(j)						9.29%															03/2028						378						378						—						378
			Ben Nevis Midco Limited+(8)(10)			One stop						SF +			5.50%			(j)						9.34%															03/2028						97						96						—						97
			Ben Nevis Midco Limited+(8)(10)			One stop						SF +			5.50%			(j)						9.34%															03/2028						465						457						—						465
			Captive Resources Midco, LLC+			One stop						SF +			4.50%			(i)						8.22%															07/2029						22,958						22,939						0.6						22,958
			Captive Resources Midco, LLC+(5)			One stop																		N/A(6)															07/2028						—						(2)						—						—
			Doxa Insurance Holdings LLC+			One stop						SF +			4.50%			(j)						8.17%															12/2030						1,866						1,875						0.1						1,866
			Doxa Insurance Holdings LLC+			One stop						SF +			4.50%			(j)						8.17%															12/2029						16						16						—						16
			Doxa Insurance Holdings LLC+			One stop						SF +			4.50%			(j)						8.17%															12/2030						1,776						1,775						0.1						1,776
			Doxa Insurance Holdings LLC+			One stop						SF +			4.50%			(j)						8.34%															12/2030						973						952						—						973
			Gimlet Bidco GMBH+(8)(9)(19)			One stop						E +			5.75%			(c)						7.82%															04/2031						1,149						1,036						—						1,149
			Gimlet Bidco GMBH+(8)(9)(19)			One stop						E +			5.75%			(b)(c)						7.82%															04/2031						448						417						—						448
			Gimlet Bidco GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															04/2031						—						(5)						—						—
			Huskies Parent, Inc.+			One stop						SF +			6.00%			(i)						9.82%															11/2029						1,995						1,976						0.1						1,955
			Illumifin Corporation+			One stop						SF +			6.00%			(j)						10.13%															09/2027						4,638						4,462						0.1						4,452
			Integrity Marketing Acquisition, LLC*+			One stop						SF +			5.00%			(j)						8.82%															08/2028						48,588						48,330						1.3						48,588
			Integrity Marketing Acquisition, LLC+(5)			One stop																		N/A(6)															08/2028						—						(2)						—						—
			Integrity Marketing Acquisition, LLC+(5)			One stop																		N/A(6)															08/2028						—						(4)						—						—
			J.S. Held Holdings, LLC+(5)			One stop																		N/A(6)															06/2028						—						(7)						—						—
			J.S. Held Holdings, LLC+			One stop						SF +			4.75%			(j)						8.57%															06/2028						12,043						11,914						0.3						12,043
			J.S. Held Holdings, LLC*+			One stop						SF +			4.75%			(j)						8.57%															06/2028						37,740						37,297						1.0						37,740
			Koala Investment Holdings, Inc.+			One stop						SF +			4.50%			(j)						8.17%															08/2032						1,564						1,557						—						1,564
			Koala Investment Holdings, Inc.+(5)			One stop																		N/A(6)															08/2032						—						(1)						—						—

See Notes to Consolidated Financial Statements.

26

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Koala Investment Holdings, Inc.+(5)			One stop																		N/A(6)															08/2032						$	—					$	(1)					—			%			$	—
			Majesco*+			One stop						SF +			4.75%			(j)						8.47%															09/2028						27,881						27,906						0.7						27,881
			Majesco+			One stop																		N/A(6)															09/2027						—						—						—						—
			MRH Trowe Germany GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															11/2031						—						(2)						—						—
			MRH Trowe Germany GMBH+(8)(9)(19)			One stop						E +			5.00%			(d)						7.11%															05/2032						6,247						5,950						0.2						6,247
			MRH Trowe Germany GMBH+(8)(9)(19)			One stop						E +			5.00%			(c)						7.03%															05/2032						970						962						—						970
			Oakbridge Insurance Agency LLC+			One stop						SF +			4.75%			(i)						8.47%															11/2029						2,252						2,276						0.1						2,230
			Oakbridge Insurance Agency LLC+			One stop						SF +			4.75%			(i)						8.48%															11/2029						32						32						—						32
			Oakbridge Insurance Agency LLC+			One stop						SF +			4.75%			(i)						8.47%															11/2029						1,088						1,084						—						1,077
			Oakbridge Insurance Agency LLC+			One stop						SF +			5.00%			(i)						8.72%															11/2029						371						364						—						368
			Oakbridge Insurance Agency LLC+(5)			One stop																		N/A(6)															11/2029						—						(2)						—						(5)
			Pareto Health Intermediate Holdings, Inc.+(5)			One stop																		N/A(6)															06/2029						—						(1)						—						—
			Pareto Health Intermediate Holdings, Inc.*+			One stop						SF +			4.75%			(k)						8.35%															06/2030						73,901						73,421						1.9						73,901
			Pareto Health Intermediate Holdings, Inc.+(5)			One stop																		N/A(6)															06/2030						—						(47)						—						—
			Patriot Growth Insurance Services, LLC+			One stop						SF +			5.00%			(j)						8.82%															10/2028						71,842						71,197						1.8						71,842
			Patriot Growth Insurance Services, LLC+			One stop						SF +			5.00%			(j)						8.82%															10/2028						9,797						9,651						0.3						9,797
			Patriot Growth Insurance Services, LLC+(5)			One stop																		N/A(6)															10/2028						—						(38)						—						—
			Patriot Growth Insurance Services, LLC+			One stop						SF +			5.00%			(j)						8.67%															10/2028						3,391						3,382						0.1						3,391
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(m)						7.83%															02/2028						24,013						25,071						0.6						24,073
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(m)						7.83%															02/2028						20,160						20,450						0.5						20,211
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(m)						7.83%															02/2028						7,884						8,339						0.2						7,904
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(m)						7.83%															02/2028						9,861						9,767						0.3						9,886
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(m)						7.82%															02/2027						240						239						—						240
			People Corporation+(8)(9)(12)			One stop						CA +			5.00%			(m)						7.57%															02/2028						19,753						19,448						0.5						19,753
			Wasabi Lower Holdco, LLC+(5)			Senior secured																		N/A(6)															06/2032						—						(8)						—						—
			Wasabi Lower Holdco, LLC+			Senior secured						SF +			4.50%			(i)						8.22%															06/2032						2,610						2,578						0.1						2,610
			World Insurance Associates, LLC+(5)			One stop																		N/A(6)															04/2030						—						(2)						—						—
			World Insurance Associates, LLC+			One stop						SF +			5.00%			(j)						8.68%															04/2030						4,534						4,517						0.1						4,534
																																													436,105						434,538						11.2						435,994
			Internet & Direct Marketing Retail
			Revalize, Inc.+(25)			One stop						SF +			6.50%			(j)						8.57%			cash/			1.75%			PIK						04/2029						20,502						20,298						0.5						18,042
			Revalize, Inc.+(25)			One stop						SF +			6.50%			(j)						8.57%			cash/			1.75%			PIK						04/2029						12,000						11,793						0.3						10,560
			Revalize, Inc.+(25)			One stop						SF +			6.50%			(j)						8.57%			cash/			1.75%			PIK						04/2029						5,950						5,847						0.1						5,236
			Revalize, Inc.+(25)			One stop						SF +			6.50%			(j)						8.57%			cash/			1.75%			PIK						04/2029						3,584						3,511						0.1						3,154
			Revalize, Inc.+(25)			One stop						SF +			6.50%			(j)						8.57%			cash/			1.75%			PIK						04/2029						2,440						2,389						0.1						2,147
			Revalize, Inc.+(25)			One stop						SF +			6.50%			(j)						8.57%			cash/			1.75%			PIK						04/2029						2,396						2,294						0.1						2,108
			Revalize, Inc.+(25)			One stop						SF +			6.50%			(j)						8.57%			cash/			1.75%			PIK						04/2029						229						217						—						202
			Revalize, Inc.+(25)			One stop						SF +			6.25%			(j)						9.57%			cash/			0.50%			PIK						04/2029						320						306						—						266
																																													47,421						46,655						1.2						41,715
			IT Services
			Acquia, Inc.*+			One stop						SF +			5.50%			(j)						9.59%															10/2026						12,020						12,009						0.3						12,020
			Acquia, Inc.+			One stop						SF +			5.50%			(j)						9.61%															10/2026						112						112						—						112
			Acquia, Inc.+			One stop						SF +			5.50%			(j)						9.59%															10/2026						1,083						1,081						—						1,083
			CivicPlus, LLC+(5)			One stop																		N/A(6)															08/2030						—						(2)						—						—
			CivicPlus, LLC+(25)			One stop						SF +			11.75%			(j)						15.42%			PIK												06/2034						370						368						—						370
			CivicPlus, LLC+(25)			One stop						SF +			6.00%			(j)						7.07%			cash/			2.75%			PIK						08/2030						23,558						23,504						0.6						23,558
			CivicPlus, LLC+			One stop						SF +			5.50%			(j)						9.20%															08/2030						2,216						2,200						0.1						2,216
			CivicPlus, LLC+(5)			One stop																		N/A(6)															08/2030						—						(2)						—						—
			ContractPod Technologies, Ltd.+(8)(10)(25)			One stop						SF +			6.50%			(j)						6.92%			cash/			3.25%			PIK						07/2030						508						506						—						508
			ContractPod Technologies, Ltd.+(8)(10)(25)			One stop						SF +			6.50%			(j)						7.09%			cash/			3.25%			PIK						07/2030						125						124						—						125
			ContractPod Technologies, Ltd.+(5)(8)(10)			One stop																		N/A(6)															07/2030						—						(1)						—						—
			Critical Start, Inc.+(25)			One stop						SF +			6.76%			(j)						6.99%			cash/			3.63%			PIK						05/2028						5,501						5,493						0.1						5,445

See Notes to Consolidated Financial Statements.

27

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Critical Start, Inc.+(25)			One stop						SF +			6.76%			(j)						6.99%			cash/			3.63%			PIK						05/2028						$	2,526					$	2,503					0.1			%			$	2,500
			Critical Start, Inc.+			One stop						P +			5.25%			(a)						12.00%															05/2028						26						26						—						26
			Delinea Inc.*+			One stop						SF +			5.75%			(j)						9.57%															03/2028						22,316						22,321						0.6						22,316
			Delinea Inc.*+			One stop						SF +			5.75%			(j)						9.57%															03/2028						12,956						12,958						0.3						12,956
			Delinea Inc.+(5)			One stop																		N/A(6)															03/2027						—						(1)						—						—
			Delinea Inc.+			One stop						SF +			5.75%			(j)						9.57%															03/2028						11,356						11,347						0.3						11,356
			Goldcup 31018 AB+(8)(9)(17)(25)			One stop						E +			6.50%			(d)						8.61%			PIK												07/2029						15,817						14,046						0.4						15,145
			Goldcup 31018 AB+(8)(9)(17)(25)			One stop						E +			6.50%			(d)						8.61%			PIK												07/2029						1,475						1,331						—						1,413
			Goldcup 31018 AB+(8)(9)(17)			One stop						E +			6.25%			(d)						8.36%															01/2029						94						83						—						82
			Kentik Technologies, Inc.+(25)			One stop						SF +			8.00%			(j)						7.70%			cash/			4.00%			PIK						11/2029						51						50						—						49
			Kentik Technologies, Inc.+(25)			One stop						SF +			8.00%			(j)						7.70%			cash/			4.00%			PIK						11/2029						57						54						—						55
			Kentik Technologies, Inc.+(25)			One stop						SF +			8.00%			(j)						7.70%			cash/			4.00%			PIK						11/2029						20						17						—						19
			Kentik Technologies, Inc.+(25)			One stop						SF +			8.00%			(i)						7.73%			cash/			4.00%			PIK						11/2029						8						7						—						6
			Netwrix Corporation+(5)			One stop																		N/A(6)															06/2029						—						(1)						—						—
			Netwrix Corporation*+			One stop						SF +			4.50%			(j)						8.32%															06/2029						9,517						9,519						0.3						9,517
			Netwrix Corporation+			One stop						SF +			4.50%			(j)						8.32%															06/2029						382						381						—						382
			Netwrix Corporation+			One stop						SF +			4.50%			(j)						8.32%															06/2029						185						182						—						185
			Optimizely North America, Inc.+			One stop						SF +			5.00%			(i)						8.72%															10/2031						38,033						37,716						1.0						38,033
			Optimizely North America, Inc.+(9)			One stop						E +			5.25%			(b)						7.15%															10/2031						15,815						14,497						0.4						15,815
			Optimizely North America, Inc.+(9)			One stop						SN +			5.50%			(g)						9.22%															10/2031						5,976						5,703						0.2						5,976
			Optimizely North America, Inc.+(5)			One stop																		N/A(6)															10/2031						—						(83)						—						—
			PDQ.com Corporation+			One stop																		N/A(6)															10/2032						—						—						—						—
			PDQ.com Corporation+			One stop						SF +			4.75%			(j)						8.42%															10/2032						633						631						—						629
			PDQ.com Corporation+(5)			One stop																		N/A(6)															10/2032						—						(1)						—						(1)
			ReliaQuest Holdings, LLC+(25)			One stop						SF +			6.00%			(j)						6.59%			cash/			3.25%			PIK						04/2031						12,233						12,208						0.3						12,233
			ReliaQuest Holdings, LLC+(5)			One stop																		N/A(6)															04/2031						—						(21)						—						—
			ReliaQuest Holdings, LLC+(5)			One stop																		N/A(6)															04/2031						—						(6)						—						—
			ReliaQuest Holdings, LLC+(25)			One stop						SF +			6.00%			(j)						6.59%			cash/			3.25%			PIK						04/2031						29,135						29,009						0.8						29,135
			Saturn Borrower Inc.*+			One stop						SF +			6.00%			(j)						9.67%															11/2028						27,257						27,009						0.7						27,257
			Saturn Borrower Inc.+			One stop						SF +			6.00%			(j)						9.68%															11/2028						116						110						—						116
			WPEngine, Inc.+			One stop						SF +			5.75%			(j)						9.45%															08/2029						5,438						5,424						0.1						5,438
			WPEngine, Inc.+			One stop																		N/A(6)															08/2029						—						—						—						—
			Zarya Holdco, Inc.+			One stop						SF +			6.50%			(j)						10.32%															07/2027						1,395						1,391						—						1,395
			Zarya Holdco, Inc.+			One stop						SF +			6.50%			(j)						10.32%															07/2027						7,156						7,183						0.2						7,156
			Zarya Holdco, Inc.+			One stop																		N/A(6)															07/2027						—						—						—						—
																																													265,466						260,985						6.8						264,626
			Leisure Products
			Crunch Holdings, LLC+			One stop						SF +			4.50%			(i)						8.22%															09/2031						1,760						1,756						0.1						1,760
			Crunch Holdings, LLC+(5)			One stop																		N/A(6)															09/2031						—						(1)						—						—
			Movement Holdings, LLC+(8)(10)			One stop						SF +			5.50%			(j)						9.32%															03/2030						830						828						—						830
			Movement Holdings, LLC+(8)(10)			One stop						SF +			5.50%			(j)						9.32%															03/2030						19						19						—						19
			Movement Holdings, LLC+(5)(8)(10)			One stop																		N/A(6)															03/2030						—						(1)						—						—
			WBZ Investment, LLC+			One stop						SF +			6.75%			(j)						10.57%															03/2027						7,677						7,627						0.2						7,677
			WBZ Investment, LLC+			One stop						SF +			6.75%			(i)						10.57%															03/2027						1,697						1,686						0.1						1,697
			WBZ Investment, LLC+			One stop						SF +			6.75%			(i)						10.57%															03/2027						1,179						1,171						—						1,179
			WBZ Investment, LLC+			One stop						SF +			6.75%			(j)						10.57%															03/2027						628						624						—						628
			WBZ Investment, LLC+			One stop																		N/A(6)															03/2027						—						—						—						—
																																													13,790						13,709						0.4						13,790
			Life Sciences Tools & Services
			Celerion Buyer, Inc.+(5)			One stop																		N/A(6)															11/2028						—						(1)						—						—
			Celerion Buyer, Inc.*+			One stop						SF +			5.00%			(j)						8.89%															11/2029						30,784						30,534						0.8						30,630
			Celerion Buyer, Inc.+			One stop						SF +			5.00%			(j)						8.69%															11/2029						500						498						—						498
			Celerion Buyer, Inc.*			One stop						SF +			5.00%			(j)						8.89%															11/2029						21,846						21,677						0.6						21,737

See Notes to Consolidated Financial Statements.

28

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Diamondback Acquisition, Inc.+			One stop						SF +			4.50%			(i)						8.22%															09/2032						$	1,492					$	1,489					—			%			$	1,489
			Diamondback Acquisition, Inc.+(5)			One stop																		N/A(6)															09/2032						—						(1)						—						(1)
			Diamondback Acquisition, Inc.+			One stop						SF +			4.50%			(i)						8.22%															09/2032						39						38						—						38
			PAS Parent Inc.+(5)			One stop																		N/A(6)															08/2031						—						(6)						—						—
			PAS Parent Inc.*+			One stop						SF +			4.50%			(i)						8.22%															08/2032						58,102						57,832						1.5						58,102
			PAS Parent Inc.+(5)			One stop																		N/A(6)															08/2032						—						(2)						—						—
			Unchained Labs, LLC*+			Senior secured						SF +			5.50%			(i)						9.27%															08/2027						1,382						1,371						—						1,354
			Unchained Labs, LLC+			Senior secured						SF +			5.50%			(i)						9.27%															08/2027						1,167						1,155						—						1,143
			Unchained Labs, LLC+(5)			Senior secured																		N/A(6)															08/2027						—						(1)						—						(2)
																																													115,312						114,583						2.9						114,988
			Machinery
			AI Titan Parent, Inc.+			One stop						SF +			4.50%			(i)						8.22%															08/2031						10,508						10,423						0.3						10,403
			AI Titan Parent, Inc.+			One stop						SF +			4.50%			(i)						8.32%															08/2031						473						464						—						452
			AI Titan Parent, Inc.+(5)			One stop																		N/A(6)															08/2031						—						(11)						—						(13)
			Blackbird Purchaser, Inc.+			One stop						SF +			5.75%			(j)						9.42%															12/2030						4,939						5,005						0.1						4,939
			Blackbird Purchaser, Inc.+			One stop																		N/A(6)															12/2030						—						—						—						—
			Blackbird Purchaser, Inc.+			One stop						SF +			5.75%			(i)(j)						9.43%															12/2029						70						69						—						70
			Chase Industries, Inc.+(25)(26)			Senior secured						SF +			7.00%			(j)						9.32%			cash/			1.50%			PIK						11/2026						13,658						13,564						0.4						13,522
			Chase Industries, Inc.+(25)(26)			Senior secured						SF +			7.00%			(j)						9.32%			cash/			1.50%			PIK						11/2026						1,291						1,279						—						1,278
			Chase Industries, Inc.+(25)(26)			Senior secured						SF +			7.00%			(j)						9.32%			cash/			1.50%			PIK						11/2026						78						72						—						72
			Thermogenics, Inc.+(8)(12)			One stop						SF +			4.25%			(j)						7.92%															06/2032						106						105						—						106
			Thermogenics, Inc.+(5)(8)(12)			One stop																		N/A(6)															06/2032						—						(1)						—						—
			Thermogenics, Inc.+(8)(12)			One stop						SF +			4.25%			(j)						7.92%															06/2032						180						179						—						180
			Thermogenics, Inc.+(5)(8)(12)			One stop																		N/A(6)															06/2032						—						(2)						—						—
			Thermogenics, Inc.+(8)(9)(12)			One stop						CA +			4.25%			(m)						6.51%															06/2032						140						140						—						140
			Thermogenics, Inc.+(8)(9)(12)			One stop						CA +			4.25%			(m)						6.51%															06/2032						14						14						—						14
																																													31,457						31,300						0.8						31,163
			Marine
			Project Nike Purchaser, LLC*+			One stop						SF +			5.25%			(j)						8.92%															04/2029						33,436						33,562						0.9						33,102
			Project Nike Purchaser, LLC+			One stop						SF +			5.25%			(j)						8.92%															04/2029						741						738						—						733
			Project Nike Purchaser, LLC+(5)			One stop																		N/A(6)															04/2029						—						(1)						—						(6)
																																													34,177						34,299						0.9						33,829
			Media
			Lotus Topco, Inc.*			One stop						SF +			4.75%			(j)						8.42%															06/2030						5,099						5,070						0.1						5,099
			Lotus Topco, Inc.+(5)			One stop																		N/A(6)															06/2030						—						(6)						—						—
			Lotus Topco, Inc.+			One stop						SF +			4.75%			(j)						8.42%															06/2030						645						631						—						645
			Lotus Topco, Inc.+			One stop						SF +			4.75%			(j)						8.42%															06/2030						1,995						1,981						0.1						1,995
			Shout! Factory, LLC+			One stop						SF +			5.25%			(j)						8.92%															06/2031						1,767						1,755						0.1						1,767
			Shout! Factory, LLC+			One stop						SF +			5.25%			(j)						8.93%															06/2031						26						25						—						26
			Triple Lift, Inc.*+			One stop						SF +			5.75%			(j)						9.59%															05/2028						7,205						7,116						0.2						6,647
			Triple Lift, Inc.*+			One stop						SF +			5.75%			(j)						9.59%															05/2028						1,537						1,511						—						1,418
			Triple Lift, Inc.+(5)			One stop																		N/A(6)															05/2028						—						(3)						—						(12)
																																													18,274						18,080						0.5						17,585
			Oil, Gas & Consumable Fuels
			Edition Holdings, Inc.+			One stop						SF +			4.50%			(j)						8.20%															12/2032						315						313						—						313
			Edition Holdings, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
			Edition Holdings, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
			Edition Holdings, Inc.+			One stop																		N/A(6)															12/2032						—						—						—						—
																																													315						313						—						313

See Notes to Consolidated Financial Statements.

29

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Paper & Forest Products
			Messenger, LLC*+			One stop						SF +			5.00%			(j)						8.82%															12/2027						$	13,683					$	13,681					0.4			%			$	13,683
			Messenger, LLC+(9)			One stop						SN +			5.00%			(g)						8.72%															12/2027						886						832						—						886
			Messenger, LLC+			One stop						SF +			5.00%			(j)						8.82%															12/2027						495						493						—						495
			Messenger, LLC+(9)			One stop																		N/A(6)															12/2027						—						—						—						—
			Messenger, LLC*+			One stop						SF +			5.00%			(j)						8.82%															12/2027						1,434						1,449						—						1,434
			Messenger, LLC+			One stop						SF +			5.00%			(j)						8.82%															12/2027						718						717						—						718
			Messenger, LLC+			One stop																		N/A(6)															12/2027						—						—						—						—
																																													17,216						17,172						0.4						17,216
			Pharmaceuticals
			ACP Ulysses Buyer, Inc.*+			One stop						SF +			4.75%			(j)						8.42%															02/2029						30,144						30,028						0.8						30,144
			ACP Ulysses Buyer, Inc.*+			One stop						SF +			4.75%			(j)						8.42%															02/2029						1,303						1,290						—						1,303
			ACP Ulysses Buyer, Inc.+			One stop						SF +			4.75%			(j)						8.42%															02/2030						499						479						—						499
			Amalthea Parent, Inc.*+(8)(12)			One stop						SF +			5.00%			(j)						9.08%															03/2027						86,513						84,719						2.2						84,784
			Amalthea Parent, Inc.+(8)(12)			One stop						SF +			5.00%			(i)						8.83%															03/2027						540						519						—						530
			Apothecary Products, LLC*			Senior secured						SF +			5.00%			(j)						8.82%															07/2026						2,191						2,189						0.1						2,191
			Apothecary Products, LLC+			Senior secured						SF +			5.00%			(j)(k)						8.77%															07/2026						91						90						—						91
			Caerus Midco 3 S.A.R.L.*+(8)			One stop						SF +			5.00%			(j)						8.67%															05/2029						29,035						29,063						0.8						29,035
			Caerus Midco 3 S.A.R.L.+(8)			One stop						SF +			5.00%			(j)						8.67%															05/2029						4,814						4,816						0.1						4,814
			Caerus Midco 3 S.A.R.L.+(8)			One stop						SF +			5.00%			(j)						8.67%															05/2029						4,443						4,409						0.1						4,443
			Caerus Midco 3 S.A.R.L.+(8)			One stop						SF +			5.00%			(j)						8.67%															05/2029						705						702						—						705
			Caerus Midco 3 S.A.R.L.+(8)			One stop						SF +			5.00%			(i)						8.73%															05/2029						442						439						—						442
			Cobalt Buyer Sub, Inc.*+			One stop						SF +			5.75%			(j)						9.57%															10/2028						14,646						14,613						0.4						14,060
			Cobalt Buyer Sub, Inc.*+			One stop						SF +			5.75%			(j)						9.57%															10/2028						4,911						4,900						0.1						4,715
			Cobalt Buyer Sub, Inc.+			One stop						SF +			5.75%			(j)						9.57%															10/2028						3,711						3,660						0.1						3,562
			Cobalt Buyer Sub, Inc.+			One stop						SF +			5.75%			(j)						9.59%															10/2027						914						905						—						874
			Cobalt Buyer Sub, Inc.+			One stop						SF +			5.75%			(j)						9.57%															10/2028						6,317						6,264						0.2						6,064
			Cobalt Buyer Sub, Inc.+(5)			One stop																		N/A(6)															10/2028						—						(53)						—						—
			Creek Parent, Inc.+			One stop						SF +			5.00%			(i)						8.73%															12/2031						56,402						55,562						1.5						56,402
			Creek Parent, Inc.+(5)			One stop																		N/A(6)															12/2031						—						(113)						—						—
			Spark Bidco Limited+(8)(9)(10)(25)			Senior secured						SN +			4.88%			(g)						7.47%			cash/			1.13%			PIK						08/2028						38,536						37,991						0.9						36,321
			Spark Bidco Limited+(8)(9)(10)			Senior secured						SN +			6.00%			(g)						9.72%															08/2028						5,599						5,136						0.1						5,431
			Spark Bidco Limited+(8)(9)(10)(25)			Senior secured						SN +			4.88%			(g)						7.47%			cash/			1.13%			PIK						08/2028						4,671						4,027						0.1						4,402
			Spark Bidco Limited+(8)(10)			Senior secured						SF +			6.00%			(j)						9.67%															08/2028						3,991						3,986						0.1						3,872
			Spark Bidco Limited+(8)(9)(10)(25)			Senior secured						SN +			4.88%			(g)						7.47%			cash/			1.13%			PIK						08/2028						4,087						3,687						0.1						3,852
			Spark Bidco Limited+(8)(9)(10)			Senior secured						SN +			3.75%			(g)						7.47%															02/2028						202						199						—						192
																																													304,707						299,507						7.7						298,728
			Professional Services
			ALKU Intermediate Holdings, LLC+			One stop						SF +			6.25%			(j)						9.92%															5/1/2029						6,711						6,731						0.2						6,577
			ALKU Intermediate Holdings, LLC+			One stop						SF +			5.50%			(j)						9.17%															5/1/2029						742						736						—						712
			bswift, LLC*+			One stop						SF +			4.75%			(j)						8.66%															11/1/2028						7,584						7,573						0.2						7,543
			bswift, LLC+			One stop						SF +			4.75%			(j)						8.69%															11/1/2028						9,925						9,885						0.3						9,871
			bswift, LLC+			One stop						SF +			4.75%			(i)						8.57%															11/1/2028						499						496						—						496
			Denali Intermediate Holdings, Inc.+(5)			One stop																		N/A(6)															8/1/2032						—						(2)						—						—
			Denali Intermediate Holdings, Inc.+			One stop						SF +			5.50%			(i)						9.23%															8/1/2032						1,818						1,801						0.1						1,818
			DISA Holdings Corp.*+			Senior secured						SF +			5.00%			(j)						8.99%															9/1/2028						5,175						5,152						0.1						5,175
			DISA Holdings Corp.+			Senior secured						SF +			5.00%			(j)						8.99%															9/1/2028						798						790						—						798
			DISA Holdings Corp.+			One stop						SF +			5.00%			(j)						8.99%															9/1/2028						682						676						—						682
			DISA Holdings Corp.+			Senior secured						SF +			5.00%			(j)						8.99%															9/1/2028						604						599						—						604
			DISA Holdings Corp.+(25)			Subordinated debt						SF +			8.50%			(j)						10.38%			cash/			2.00%			PIK						3/1/2029						106						105						—						106
			DISA Holdings Corp.+			Senior secured						SF +			5.00%			(j)						8.98%															9/1/2028						586						580						—						586
			DISA Holdings Corp.+			Senior secured						SF +			5.00%			(j)						8.98%															9/1/2028						45						44						—						45

See Notes to Consolidated Financial Statements.

30

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Eclipse Buyer, Inc.+			One stop						SF +			4.50%			(i)						8.25%															9/1/2031						$	14,283					$	14,167					0.4			%			$	14,283
			Eclipse Buyer, Inc.+(5)			One stop																		N/A(6)															9/1/2031						—						(56)						—						—
			Eclipse Buyer, Inc.+(5)			One stop																		N/A(6)															9/1/2031						—						(10)						—						—
			Eliassen Group, LLC+			One stop						SF +			5.75%			(j)						9.42%															4/1/2028						2,120						2,108						0.1						2,047
			Eliassen Group, LLC+			One stop						SF +			5.75%			(j)						9.42%															4/1/2028						144						142						—						138
			IG Investments Holdings, LLC*+			One stop						SF +			5.00%			(j)						8.84%															9/1/2028						12,844						12,806						0.3						12,844
			IG Investments Holdings, LLC+			One stop																		N/A(6)															9/1/2028						—						—						—						—
			NBG Acquisition Corp. and NBG-P Acquisition Corp.*+(25)			One stop						SF +			6.00%			(j)						6.34%			cash/			3.50%			PIK						11/1/2030						34,195						33,828						0.8						31,460
			NBG Acquisition Corp. and NBG-P Acquisition Corp.+(25)			One stop						SF +			6.00%			(j)						6.17%			cash/			3.50%			PIK						11/1/2030						795						791						—						732
			NBG Acquisition Corp. and NBG-P Acquisition Corp.+(25)			One stop						SF +			6.00%			(j)						6.18%			cash/			3.50%			PIK						11/1/2030						322						315						—						284
			PlanSource Holdings, Inc.*+			One stop						SF +			5.50%			(j)						9.32%															12/1/2026						14,234						14,214						0.4						14,092
			PlanSource Holdings, Inc.*+			One stop						SF +			5.50%			(j)						9.32%															12/1/2026						2,416						2,411						0.1						2,391
			PlanSource Holdings, Inc.+			One stop						SF +			5.50%			(j)						9.32%															12/1/2026						695						694						—						689
			PlanSource Holdings, Inc.+(5)			One stop																		N/A(6)															12/1/2026						—						—						—						(3)
			Procure Acquireco, Inc.*+			One stop						SF +			4.75%			(j)						8.42%															12/1/2028						24,603						24,641						0.6						24,603
			Procure Acquireco, Inc.+			One stop						SF +			4.75%			(j)						8.42%															12/1/2028						1,132						1,131						—						1,132
			Procure Acquireco, Inc.+			One stop																		N/A(6)															12/1/2028						—						—						—						—
			Procure Acquireco, Inc.+(5)			One stop																		N/A(6)															12/1/2028						—						(60)						—						—
			Procure Acquireco, Inc.+			One stop						SF +			4.75%			(j)						8.42%															12/1/2028						3,453						3,441						0.1						3,453
			Teaching Company, The+			One stop						SF +			5.75%			(j)						9.74%															2/1/2026						12,290						12,290						0.3						12,290
			Teaching Company, The+			One stop																		N/A(6)															2/1/2026						—						—						—						—
			Varicent Intermediate Holdings Corporation+(8)(12)(25)			One stop						SF +			6.26%			(j)						6.54%			cash/			3.38%			PIK						8/1/2031						52,527						51,942						1.3						52,264
			Varicent Intermediate Holdings Corporation+(5)(8)(12)			One stop																		N/A(6)															8/1/2031						—						(76)						—						(32)
			Varicent Intermediate Holdings Corporation+(5)(8)(12)			One stop																		N/A(6)															8/1/2031						—						(44)						—						(36)
			Varicent Intermediate Holdings Corporation+(8)(12)(25)			One stop						SF +			6.26%			(j)						6.55%			cash/			3.38%			PIK						8/1/2031						2,607						2,593						0.1						2,594
			Varicent Intermediate Holdings Corporation+(5)(8)(12)			One stop																		N/A(6)															8/1/2031						—						(2)						—						(2)
																																													213,935						212,432						5.4						210,236
			Real Estate Management & Development
			Inhabit IQ Inc.+(5)			One stop																		N/A(6)															01/2032						—						(3)						—						—
			Inhabit IQ Inc.*			One stop						SF +			4.50%			(i)						8.22%															01/2032						6,855						6,841						0.2						6,855
			Inhabit IQ Inc.+(5)			One stop																		N/A(6)															01/2032						—						(4)						—						—
			MRI Software, LLC*+			One stop						SF +			4.75%			(j)						8.42%															02/2028						32,647						32,717						0.8						32,647
			MRI Software, LLC*+			One stop						SF +			4.75%			(j)						8.42%															02/2028						12,985						13,026						0.3						12,985
			MRI Software, LLC+			One stop						SF +			4.75%			(j)						8.44%															02/2028						630						626						—						630
			MRI Software, LLC+			One stop						SF +			4.75%			(j)						8.42%															02/2028						9,806						9,741						0.3						9,806
			RPL Bidco Limited+(8)(9)(10)			One stop						SN +			5.00%			(g)						8.72%															08/2028						6,096						5,832						0.2						6,096
			RPL Bidco Limited+(8)(9)(10)			One stop						SN +			5.00%			(g)						8.72%															08/2028						28,138						28,276						0.7						28,138
			RPL Bidco Limited+(8)(9)(10)			One stop						A +			5.00%			(e)						8.71%															08/2028						11,749						11,777						0.3						11,749
			RPL Bidco Limited+(8)(9)(10)			One stop						A +			5.00%			(e)						8.71%															08/2028						2,852						3,042						0.1						2,852
			RPL Bidco Limited+(8)(9)(10)			One stop																		N/A(6)															02/2028						—						—						—						—
																																													111,758						111,871						2.9						111,758
			Road & Rail
			Internet Truckstop Group, LLC*			One stop						SF +			5.25%			(j)						9.07%															04/2027						28,632						28,612						0.7						28,345
			Internet Truckstop Group, LLC*+			One stop						SF +			5.25%			(j)						9.07%															04/2027						12,553						12,505						0.3						12,427
			Internet Truckstop Group, LLC+(5)			One stop																		N/A(6)															04/2027						—						—						—						(3)
																																													41,185						41,117						1.0						40,769

See Notes to Consolidated Financial Statements.

31

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Software
			Anaplan, Inc.+			One stop						SF +			4.50%			(j)						8.32%															06/2029						$	58,175					$	58,328					1.5			%			$	58,175
			Anaplan, Inc.+			One stop																		N/A(6)															06/2028						—						—						—						—
			Appfire Technologies, LLC*+			One stop						SF +			4.75%			(j)						8.42%															03/2028						57,072						57,010						1.5						56,501
			Appfire Technologies, LLC+			One stop						SF +			4.75%			(j)						8.42%															03/2028						222						222						—						220
			Appfire Technologies, LLC+			One stop						SF +			4.75%			(j)						8.42%															03/2028						100						98						—						95
			Appfire Technologies, LLC+(5)			One stop																		N/A(6)															03/2028						—						(80)						—						(266)
			Aras Corporation+			One stop						SF +			5.25%			(j)						8.92%															04/2029						28,380						28,405						0.7						28,380
			Aras Corporation+			One stop						SF +			5.25%			(j)						8.92%															04/2029						1,827						1,815						0.1						1,827
			Armstrong Bidco Limited+(8)(9)(10)			One stop						SN +			5.25%			(g)						8.97%															06/2029						5,858						5,366						0.2						5,858
			Armstrong Bidco Limited+(8)(9)(10)			One stop						SN +			5.25%			(g)						8.97%															06/2029						3,057						2,737						0.1						3,057
			Arrow Buyer, Inc.+			One stop						SF +			5.00%			(j)						8.67%															07/2030						24,788						24,657						0.6						24,788
			Arrow Buyer, Inc.+			One stop						SF +			5.00%			(j)						8.67%															07/2030						1,625						1,621						0.1						1,625
			Arrow Buyer, Inc.+			One stop						SF +			5.00%			(j)						8.67%															07/2030						1,573						1,569						—						1,573
			Artifact Bidco, Inc.+			One stop						SF +			4.15%			(j)						7.82%															05/2031						1,489						1,478						—						1,489
			Artifact Bidco, Inc.+(5)			One stop																		N/A(6)															05/2031						—						(1)						—						—
			Artifact Bidco, Inc.+			One stop																		N/A(6)															05/2030						—						—						—						—
			Artifact Bidco, Inc.+(5)			One stop																		N/A(6)															05/2030						—						(1)						—						—
			Auvik Networks Inc.+(8)(12)(25)			One stop						SF +			6.25%			(j)						6.84%			cash/			3.25%			PIK						07/2027						11,110						11,127						0.3						11,110
			Auvik Networks Inc.+(8)(12)(25)			One stop						SF +			6.25%			(j)						6.84%			cash/			3.25%			PIK						07/2027						1,998						1,994						0.1						1,998
			Auvik Networks Inc.+(8)(12)(25)			One stop						SF +			6.25%			(j)						6.84%			cash/			3.25%			PIK						07/2027						1,018						1,015						—						1,018
			Auvik Networks Inc.+(8)(12)			One stop																		N/A(6)															07/2027						—						—						—						—
			Azurite Intermediate Holdings, Inc.+			One stop						SF +			6.00%			(i)						9.72%															03/2031						973						963						—						973
			Azurite Intermediate Holdings, Inc.+			One stop						SF +			6.00%			(i)						9.72%															03/2031						428						423						—						428
			Azurite Intermediate Holdings, Inc.+(5)			One stop																		N/A(6)															03/2031						—						(2)						—						—
			Baxter Planning Systems, LLC+(25)			One stop						SF +			6.26%			(j)						6.72%			cash/			3.38%			PIK						05/2031						4,237						4,236						0.1						4,237
			Baxter Planning Systems, LLC+(5)			One stop																		N/A(6)															05/2031						—						(4)						—						—
			Baxter Planning Systems, LLC+(5)			One stop																		N/A(6)															05/2031						—						(3)						—						—
			Bayshore Intermediate #2, L.P.+			One stop						SF +			5.00%			(j)						8.69%															10/2027						95						95						—						95
			Bayshore Intermediate #2, L.P.+(25)			One stop						SF +			5.50%			(j)						6.19%			cash/			3.00%			PIK						10/2028						125,183						125,129						3.2						125,183
			BestPass, Inc.*+			One stop						SF +			4.75%			(i)						8.47%															08/2031						52,206						51,997						1.3						52,206
			BestPass, Inc.+(5)			One stop																		N/A(6)															08/2031						—						(21)						—						—
			BestPass, Inc.+			One stop						SF +			4.75%			(i)						8.47%															08/2031						6,933						6,906						0.2						6,933
			Bloomerang, LLC+(25)			One stop						SF +			6.50%			(j)						6.67%			cash/			3.50%			PIK						12/2029						4,177						4,207						0.1						4,177
			Bloomerang, LLC+			One stop						P +			5.00%			(a)(j)						10.71%															12/2029						58						58						—						58
			Bloomerang, LLC+(25)			One stop						SF +			6.50%			(j)						6.67%			cash/			3.50%			PIK						12/2029						418						409						—						418
			Blue Bidco Limited+(8)(9)(10)			One stop						SN +			5.00%			(g)						8.72%															06/2032						9,287						9,206						0.2						9,287
			Blue Bidco Limited+(8)(9)(10)			One stop																		N/A(6)															06/2032						—						—						—						—
			Blue Bidco Limited+(8)(10)			One stop						SF +			5.00%			(k)						8.68%															06/2032						1,338						1,332						—						1,338
			Blue Bidco Limited+(8)(9)(10)			One stop						E +			5.00%			(d)						7.17%															06/2032						5,344						5,131						0.1						5,344
			Blue Bidco Limited+(8)(10)			One stop						SF +			5.00%			(k)						8.68%															06/2032						2,749						2,749						0.1						2,749
			Bottomline Technologies, Inc.+			One stop						SF +			4.50%			(j)						8.17%															05/2029						45,582						45,374						1.2						45,582
			Bottomline Technologies, Inc.+(5)			One stop																		N/A(6)															05/2028						—						(4)						—						—
			Bullhorn, Inc.*+			One stop						SF +			5.00%			(i)						8.72%															10/2029						77,997						77,932						2.0						77,997
			Bullhorn, Inc.*+			One stop						SF +			5.00%			(i)						8.72%															10/2029						3,190						3,218						0.1						3,190
			Bullhorn, Inc.+			One stop						SF +			5.00%			(i)						8.72%															10/2029						1,643						1,660						—						1,643
			Bullhorn, Inc.+			One stop						SF +			5.00%			(i)						8.72%															10/2029						736						734						—						736
			Bullhorn, Inc.+			One stop						SF +			5.00%			(i)						8.72%															10/2029						587						585						—						587
			Bullhorn, Inc.+			One stop						SF +			5.00%			(i)						8.72%															10/2029						68						66						—						68
			Burning Glass Intermediate Holdings Company, Inc.*+			One stop						SF +			4.50%			(j)						8.32%															06/2028						11,670						11,636						0.3						11,670
			Burning Glass Intermediate Holdings Company, Inc.+			One stop						SF +			4.50%			(j)						8.32%															06/2028						109						109						—						109

See Notes to Consolidated Financial Statements.

32

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Bynder BidCo, Inc.& Bynder BidCo B.V.+(8)(14)			One stop						SF +			6.00%			(j)						9.86%															01/2029						$	8,332					$	8,285					0.2			%			$	8,332
			Bynder BidCo, Inc.& Bynder BidCo B.V.+(8)(14)			One stop						SF +			6.00%			(j)						9.86%															01/2029						2,204						2,180						0.1						2,204
			Bynder BidCo, Inc.& Bynder BidCo B.V.+(8)(14)			One stop																		N/A(6)															01/2029						—						—						—						—
			Bynder BidCo, Inc.& Bynder BidCo B.V.+(5)(8)(14)			One stop																		N/A(6)															01/2029						—						(1)						—						—
			Camelia Bidco Limited+(8)(9)(10)			One stop						SN +			5.50%			(g)						9.22%															08/2030						5,451						5,142						0.1						5,451
			Camelia Bidco Limited+(8)(9)(10)			One stop						SN +			5.50%			(g)						9.22%															08/2030						1,068						1,007						—						1,068
			Camelia Bidco Limited+(8)(9)(10)			One stop						A +			5.50%			(f)						9.05%															08/2030						334						325						—						334
			Camelia Bidco Limited+(5)(8)(9)(10)			One stop																		N/A(6)															08/2030						—						(23)						—						—
			CB Buyer, Inc.+			One stop						SF +			5.25%			(j)						8.92%															07/2031						51,335						50,952						1.3						50,822
			CB Buyer, Inc.+			One stop						SF +			5.25%			(i)						8.97%															07/2031						335						293						—						282
			CB Buyer, Inc.+			One stop						SF +			5.25%			(j)						8.92%															07/2031						561						504						—						471
			Coupa Holdings, LLC+			One stop						SF +			5.25%			(j)						9.09%															02/2030						31,558						31,325						0.8						31,558
			Coupa Holdings, LLC+(5)			One stop																		N/A(6)															02/2029						—						(1)						—						—
			Coupa Holdings, LLC+(5)			One stop																		N/A(6)															02/2030						—						(15)						—						—
			Crewline Buyer, Inc.+			One stop						SF +			6.75%			(j)						10.59%															11/2030						10,857						10,829						0.3						10,857
			Crewline Buyer, Inc.+			One stop																		N/A(6)															11/2030						—						—						—						—
			Daxko Acquisition Corporation*+			One stop						SF +			4.75%			(i)						8.47%															10/2028						38,951						38,935						1.0						38,951
			Daxko Acquisition Corporation*+			One stop						SF +			4.75%			(i)						8.47%															10/2028						3,285						3,265						0.1						3,285
			Daxko Acquisition Corporation+			One stop						SF +			4.75%			(i)						8.47%															10/2028						196						196						—						196
			Daxko Acquisition Corporation+(5)			One stop																		N/A(6)															10/2028						—						(7)						—						—
			Daxko Acquisition Corporation+			One stop						SF +			4.75%			(i)						8.47%															10/2028						1,533						1,520						—						1,533
			Denali Bidco Limited+(8)(9)(10)			One stop						E +			5.00%			(c)						7.02%															09/2031						6,785						6,315						0.2						6,785
			Denali Bidco Limited+(8)(9)(10)			One stop						SN +			5.00%			(g)						8.72%															09/2031						8,551						8,141						0.2						8,551
			Denali Bidco Limited+(5)(8)(9)(10)			One stop																		N/A(6)															09/2031						—						(3)						—						—
			Denali Bidco Limited+(8)(9)(10)(25)			Subordinated debt						N/A												11.20%			PIK												09/2032						104						103						—						104
			Denali Bidco Limited+(8)(9)(10)(25)			Subordinated debt						N/A												9.80%			PIK												09/2032						156						155						—						156
			Diligent Corporation+			One stop						SF +			5.00%			(j)						8.82%															08/2030						8,985						8,971						0.2						8,985
			Diligent Corporation+			One stop						SF +			5.00%			(j)						8.82%															08/2030						1,541						1,531						—						1,541
			Diligent Corporation+(5)			One stop																		N/A(6)															08/2030						—						(8)						—						—
			Diligent Corporation+			One stop						SF +			5.00%			(j)						8.75%															08/2030						220						214						—						220
			Einstein Parent, Inc.+			One stop						SF +			6.50%			(j)						10.36%															01/2031						9,063						8,910						0.2						9,063
			Einstein Parent, Inc.+(5)			One stop																		N/A(6)															01/2031						—						(16)						—						—
			Espresso Bidco, Inc.+(5)			One stop																		N/A(6)															03/2032						—						(33)						—						—
			Espresso Bidco, Inc.+(5)			One stop																		N/A(6)															03/2032						—						(30)						—						—
			Espresso Bidco, Inc.+(25)			One stop						SF +			5.76%			(j)						6.30%			cash/			3.13%			PIK						03/2032						18,543						18,302						0.5						18,543
			Evergreen IX Borrower 2023, LLC+			One stop						SF +			4.75%			(j)						8.42%															09/2030						4,857						4,763						0.1						4,857
			Evergreen IX Borrower 2023, LLC+			One stop						SF +			4.75%			(j)						8.42%															09/2030						4,427						4,393						0.1						4,427
			Evergreen IX Borrower 2023, LLC+(5)			One stop																		N/A(6)															10/2029						—						(10)						—						—
			FirstUp, Inc.+			One stop						SF +			6.25%			(j)						9.92%															07/2027						13,097						13,083						0.3						12,965
			FirstUp, Inc.+			One stop						SF +			6.25%			(j)						9.92%															07/2027						1,248						1,242						—						1,236
			FirstUp, Inc.+(5)			One stop																		N/A(6)															07/2027						—						(1)						—						(2)
			Flexera Software, LLC+			One stop																		N/A(6)															08/2032						—						—						—						—
			Flexera Software, LLC+			One stop						SF +			4.50%			(j)						8.35%															08/2032						1,401						1,399						—						1,396
			Flexera Software, LLC+(9)			One stop						E +			4.50%			(b)						6.43%															08/2032						496						494						—						495
			Flexera Software, LLC+			One stop						SF +			4.50%			(j)						8.19%															08/2032						500						498						—						498
			Gainsight, Inc.+			One stop						SF +			5.75%			(j)						9.72%															07/2027						14,171						14,195						0.4						14,171
			Gainsight, Inc.+(5)			One stop																		N/A(6)															07/2027						—						(1)						—						—
			GS Acquisitionco, Inc.*+			One stop						SF +			5.25%			(j)						8.92%															05/2028						121,136						121,372						3.1						119,924
			GS Acquisitionco, Inc.+			One stop						SF +			5.25%			(j)						8.92%															05/2028						200						199						—						195

See Notes to Consolidated Financial Statements.

33

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			GS Acquisitionco, Inc.+			One stop						SF +			5.25%			(j)						8.92%															05/2028						$	122					$	121					—			%			$	119
			GTIV, LLC*+			One stop						SF +			4.75%			(i)(j)						8.59%															02/2031						72,483						71,983						1.9						72,302
			GTIV, LLC+(5)			One stop																		N/A(6)															02/2031						—						(2)						—						(1)
			GTY Technology Holdings, Inc.+(25)			One stop						SF +			6.63%			(j)						6.17%			cash/			4.13%			PIK						07/2029						5,376						5,370						0.1						5,376
			GTY Technology Holdings, Inc.+(25)			One stop						SF +			6.63%			(j)						6.17%			cash/			4.13%			PIK						07/2029						3,515						3,491						0.1						3,515
			GTY Technology Holdings, Inc.+(25)			One stop						SF +			6.63%			(j)						6.17%			cash/			4.13%			PIK						07/2029						644						642						—						644
			GTY Technology Holdings, Inc.+(25)			One stop						SF +			6.63%			(j)						6.40%			cash/			4.13%			PIK						07/2029						448						448						—						448
			GTY Technology Holdings, Inc.+(5)			One stop																		N/A(6)															07/2029						—						(15)						—						—
			GTY Technology Holdings, Inc.+(25)			One stop						SF +			6.63%			(j)						6.27%			cash/			4.13%			PIK						07/2029						1,048						1,037						—						1,048
			GTY Technology Holdings, Inc.+(25)			One stop						SF +			6.63%			(j)						6.27%			cash/			4.13%			PIK						07/2029						9,159						9,051						0.2						9,159
			Gurobi Optimization, LLC+			One stop						SF +			4.50%			(j)						8.17%															09/2031						47,267						46,883						1.2						47,267
			Gurobi Optimization, LLC+(5)			One stop																		N/A(6)															09/2031						—						(36)						—						—
			Hyland Software, Inc.*+			One stop						SF +			5.00%			(j)						8.67%															09/2030						46,648						47,294						1.2						46,648
			Hyland Software, Inc.+			One stop																		N/A(6)															09/2029						—						—						—						—
			Icefall Parent, Inc.+			One stop						SF +			4.50%			(j)						8.17%															01/2030						3,639						3,630						0.1						3,639
			Icefall Parent, Inc.+(5)			One stop																		N/A(6)															01/2030						—						(1)						—						—
			ICIMS, Inc.*+			One stop						SF +			5.75%			(j)						9.61%															08/2028						12,478						12,431						0.3						11,979
			ICIMS, Inc.+			One stop						SF +			5.75%			(j)						9.59%															08/2028						106						103						—						92
			IQN Holding Corp. +			One stop						SF +			5.25%			(j)						8.93%															05/2028						146						146						—						146
			IQN Holding Corp. *+(25)			One stop						SF +			5.76%			(j)						6.30%			cash/			3.13%			PIK						05/2029						23,021						23,064						0.6						23,021
			IQN Holding Corp. +(25)			One stop						SF +			5.76%			(j)						6.30%			cash/			3.13%			PIK						05/2029						4,078						4,044						0.1						4,078
			Island Bidco AB+(8)(9)(17)(25)			One stop						E +			7.25%			(d)						2.12%			cash/			7.25%			PIK						07/2028						12,355						11,222						0.3						12,232
			Island Bidco AB+(8)(17)(25)			One stop						SF +			7.00%			(k)						7.10%			cash/			3.50%			PIK						07/2028						5,004						5,002						0.1						4,954
			Island Bidco AB+(8)(17)(25)			One stop						SF +			7.00%			(k)						7.10%			cash/			3.50%			PIK						07/2028						3,693						3,673						0.1						3,656
			Island Bidco AB+(5)(8)(9)(17)			One stop																		N/A(6)															07/2028						—						(1)						—						(2)
			Island Bidco AB+(8)(17)			One stop						SF +			6.50%			(k)						10.26%															07/2028						88						88						—						86
			Kairos Bidco Limited+			One stop						SF +			4.75%			(j)						8.42%															07/2032						10						10						—						10
			Kairos Bidco Limited+			One stop						SF +			4.75%			(j)						8.42%															07/2032						604						601						—						604
			Kairos Bidco Limited+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						—
			Kairos Bidco Limited+			One stop						SF +			4.75%			(j)						8.42%															07/2032						91						90						—						91
			LeadsOnline, LLC+			One stop						SF +			4.50%			(j)						8.48%															02/2028						12,884						12,992						0.3						12,884
			LeadsOnline, LLC+			One stop						SF +			4.50%			(j)						8.48%															02/2028						2,274						2,292						0.1						2,274
			LeadsOnline, LLC+			One stop						SF +			4.50%			(j)						8.17%															02/2028						660						659						—						660
			LeadsOnline, LLC+(5)			One stop																		N/A(6)															02/2028						—						(1)						—						—
			Lighthouse Bidco GMBH+(8)(9)(19)			One stop						E +			4.75%			(d)						6.87%															06/2031						1,855						1,805						0.1						1,855
			Lighthouse Bidco GMBH+(8)(9)(19)			One stop						E +			4.75%			(c)						6.77%															12/2031						20,072						17,734						0.5						20,072
			Lighthouse Bidco GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															12/2031						—						(92)						—						—
			LogicMonitor, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(35)						—						(84)
			LogicMonitor, Inc.+			One stop						SF +			5.50%			(j)						9.34%															11/2031						54,082						53,798						1.4						53,407
			LogicMonitor, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(1)						—						(2)
			Matrix42 Holding GMBH+(8)(9)(19)			One stop						E +			6.25%			(d)						8.32%															12/2029						10,676						10,416						0.3						10,676
			Matrix42 Holding GMBH+(8)(9)(19)			One stop						E +			6.25%			(d)						8.32%															12/2029						1,617						1,481						—						1,617
			Matrix42 Holding GMBH+(8)(9)(19)			One stop						E +			6.25%			(d)						8.32%															12/2029						832						766						—						832
			Matrix42 Holding GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															06/2029						—						(1)						—						—
			Matrix42 Holding GMBH+(8)(19)			One stop																		N/A(6)															06/2029						—						—						—						—
			Matrix42 Holding GMBH+(8)(9)(19)			One stop						E +			6.25%			(c)						8.31%															12/2029						2,042						2,006						0.1						2,042
			Metatiedot Bidco Oy & Metatiedot US, LLC+(8)(16)			One stop						SF +			5.00%			(j)						8.82%															11/2031						11,017						10,877						0.3						11,017
			Metatiedot Bidco Oy & Metatiedot US, LLC+(8)(9)(16)			One stop						E +			5.00%			(c)						7.06%															11/2030						3,498						3,447						0.1						3,498
			Metatiedot Bidco Oy & Metatiedot US, LLC+(8)(9)(16)			One stop						E +			5.00%			(c)						7.07%															11/2031						17,280						15,348						0.5						17,280
			Metatiedot Bidco Oy & Metatiedot US, LLC+(8)(9)(16)			One stop						E +			5.00%			(c)						7.06%															11/2031						1,543						1,494						—						1,543
			Mindbody, Inc.+			One stop						SF +			6.00%			(j)						9.99%															09/2027						61,966						61,966						1.6						61,966

See Notes to Consolidated Financial Statements.

34

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Mindbody, Inc.+			One stop						SF +			6.00%			(j)						9.99%															09/2027						$	2,134					$	2,134					0.1			%			$	2,134
			Mindbody, Inc.+			One stop																		N/A(6)															09/2027						—						—						—						—
			Ministry Brands Holdings LLC+			One stop						SF +			5.50%			(i)						9.32%															12/2028						30,672						30,592						0.8						30,059
			Ministry Brands Holdings LLC+			One stop						SF +			5.50%			(i)						9.32%															12/2028						2,886						2,889						0.1						2,828
			Ministry Brands Holdings LLC+			One stop						P +			4.50%			(a)						11.25%															12/2027						30						27						—						24
			MYOB Invest Co Pty Ltd+(8)(9)(11)(25)			One stop						A +			5.25%			(e)						6.19%			cash/			2.75%			PIK						06/2030						36,988						35,684						1.0						36,988
			Navex Global Holdings Corporation+			One stop						SF +			5.00%			(j)						8.91%															10/2032						5,959						6,014						0.2						5,929
			Navex Global Holdings Corporation+(5)			One stop																		N/A(6)															10/2031						—						—						—						(1)
			Navex Global Holdings Corporation+(5)			One stop																		N/A(6)															10/2032						—						(1)						—						(2)
			Naviga Inc.+(7)			Senior secured						SF +			1.00%			(j)						4.77%															09/2026						184						121						—						64
			Onit, Inc.+			One stop						SF +			4.75%			(j)						8.59%															01/2032						5,415						5,369						0.1						5,428
			Onit, Inc.+(5)			One stop																		N/A(6)															01/2032						—						(7)						—						—
			Onit, Inc.+(5)			One stop																		N/A(6)															01/2032						—						(10)						—						—
			Onit, Inc.+			One stop						SF +			4.50%			(j)						8.34%															01/2032						1,448						1,444						—						1,448
			Orsay Bidco 1 B.V. and Sky Group Holding B.V.+(8)(9)(14)			One stop						E +			5.00%			(c)						7.02%															11/2029						347						292						—						347
			Orsay Bidco 1 B.V. and Sky Group Holding B.V.+(8)(9)(14)			One stop						E +			5.75%			(c)						7.77%															11/2029						2,317						2,089						0.1						2,323
			Panzura, LLC+(25)			One stop						N/A												7.00%			cash/			8.00%			PIK						08/2027						134						126						—						120
			Personify, Inc.*			One stop						SF +			4.75%			(i)						8.47%															09/2028						11,769						11,707						0.3						11,769
			Personify, Inc.*+			One stop						SF +			4.75%			(i)						8.47%															09/2028						8,354						8,309						0.2						8,354
			Personify, Inc.+			One stop																		N/A(6)															09/2028						—						—						—						—
			Personify, Inc.+			One stop						SF +			4.75%			(i)						8.47%															09/2028						15,927						15,870						0.4						15,927
			Pineapple German Bidco GMBH+(8)(9)(19)(25)			One stop						E +			5.26%			(c)						4.15%			cash/			3.13%			PIK						01/2031						5,347						4,605						0.1						5,347
			Pineapple German Bidco GMBH+(8)(19)(25)			One stop						SF +			5.26%			(j)						5.78%			cash/			3.13%			PIK						01/2031						78						76						—						78
			Pineapple German Bidco GMBH+(8)(19)(25)			One stop						SF +			5.26%			(j)						5.78%			cash/			3.13%			PIK						01/2031						15,166						15,042						0.4						15,166
			Pineapple German Bidco GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															01/2031						—						(53)						—						—
			Pineapple German Bidco GMBH+(8)(9)(19)(25)			One stop						E +			5.26%			(c)						4.15%			cash/			3.13%			PIK						01/2031						1,148						1,048						—						1,148
			Pineapple German Bidco GMBH+(8)(9)(19)(25)			One stop						E +			5.26%			(c)						4.15%			cash/			3.13%			PIK						01/2031						356						321						—						356
			Pineapple German Bidco GMBH+(8)(9)(19)(25)			One stop						E +			5.26%			(c)						4.15%			cash/			3.13%			PIK						01/2031						79						71						—						79
			Pluralsight, LLC+(7)(25)			One stop						SF +			7.50%			(j)						11.32%			PIK												08/2029						6,942						6,764						0.1						5,415
			Pluralsight, LLC+(25)			One stop						SF +			4.50%			(j)						6.82%			cash/			1.50%			PIK						08/2029						4,033						3,946						0.1						3,872
			Pluralsight, LLC+(25)			One stop						SF +			4.50%			(j)						6.82%			cash/			1.50%			PIK						08/2029						2,016						2,016						0.1						1,936
			Pluralsight, LLC+(5)			One stop																		N/A(6)															08/2029						—						—						—						(40)
			Pluralsight, LLC+(5)			One stop																		N/A(6)															08/2029						—						—						—						(99)
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(j)						10.17%															09/2028						6,014						6,022						0.2						5,893
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(j)						10.17%															09/2028						2,864						2,849						0.1						2,807
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(j)						10.17%															09/2028						1,203						1,200						—						1,178
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(j)						10.17%															09/2028						108						108						—						104
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(j)						10.17%															09/2028						4,240						4,224						0.1						4,155
			QAD, Inc.*+			One stop						SF +			4.75%			(i)						8.47%															11/2027						42,707						43,081						1.1						42,707
			QAD, Inc.+(5)			One stop																		N/A(6)															11/2027						—						(1)						—						—
			Quant Buyer, Inc.*+			One stop						SF +			5.25%			(j)						9.08%															06/2029						7,311						7,263						0.2						7,239
			Quant Buyer, Inc.*+			One stop						SF +			5.25%			(j)						9.07%															06/2029						4,305						4,292						0.1						4,262
			Quant Buyer, Inc.*+			One stop						SF +			5.25%			(j)						9.03%															06/2029						7,528						7,442						0.2						7,453
			Quant Buyer, Inc.+			One stop						SF +			5.25%			(j)						9.07%															06/2029						230						227						—						228
			Rainforest Bidco Limited+(8)(9)(10)(25)			One stop						SN +			5.18%			(g)						7.22%			cash/			1.68%			PIK						07/2029						21,552						19,704						0.6						21,552
			Rainforest Bidco Limited+(8)(10)(25)			One stop						SF +			5.18%			(h)						7.16%			cash/			1.68%			PIK						07/2029						3,782						3,762						0.1						3,782
			Rainforest Bidco Limited+(8)(9)(10)(25)			One stop						SN +			4.93%			(g)						7.22%			cash/			1.43%			PIK						07/2029						4,058						3,831						0.1						4,058
			Rainforest Bidco Limited+(8)(9)(10)(25)			One stop						SN +			5.18%			(g)						7.22%			cash/			1.68%			PIK						07/2029						1,583						1,440						—						1,583
			Rainforest Bidco Limited+(8)(10)(25)			One stop						SF +			5.18%			(h)						7.16%			cash/			1.68%			PIK						07/2029						1,006						1,006						—						1,006
			Rainforest Bidco Limited+(5)(8)(9)(10)			One stop																		N/A(6)															07/2029						—						(7)						—						—
			Rainforest Bidco Limited+(8)(10)(25)			One stop						SF +			5.18%			(h)						7.16%			cash/			1.68%			PIK						07/2029						701						701						—						701
			Riskonnect Parent, LLC*+			One stop						SF +			4.75%			(k)						8.62%															12/2028						45,051						45,403						1.2						45,051

See Notes to Consolidated Financial Statements.

35

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Riskonnect Parent, LLC+			One stop						SF +			4.75%			(k)						8.62%															12/2028						$	2,115					$	2,128					0.1			%			$	2,115
			Riskonnect Parent, LLC+			One stop						SF +			4.75%			(k)						8.62%															12/2028						813						807						—						813
			Riskonnect Parent, LLC+			One stop						SF +			4.75%			(k)						8.62%															12/2028						572						565						—						572
			Riskonnect Parent, LLC+			One stop						SF +			4.75%			(j)(k)						8.44%															12/2028						153						150						—						153
			Riskonnect Parent, LLC+(5)			One stop																		N/A(6)															12/2028						—						(6)						—						—
			Rodeo Buyer Company & Absorb Software Inc.+(8)(12)			One stop						SF +			6.25%			(j)						10.22%															05/2027						7,616						7,609						0.2						7,616
			Rodeo Buyer Company & Absorb Software Inc.+(8)(12)			One stop																		N/A(6)															05/2027						—						—						—						—
			Rodeo Buyer Company & Absorb Software Inc.+(8)(12)			One stop						SF +			6.25%			(j)						10.07%															05/2027						13,056						13,000						0.3						13,056
			Rodeo Buyer Company & Absorb Software Inc.+(8)(12)			One stop						SF +			6.25%			(j)						10.07%															05/2027						2,000						1,993						0.1						2,000
			Sapphire Bidco Oy+(8)(9)(16)			One stop						E +			4.75%			(c)						6.78%															07/2029						53,689						47,197						1.4						53,689
			Sapphire Bidco Oy+(8)(9)(16)			One stop						E +			5.00%			(c)						7.02%															07/2029						4,387						3,982						0.1						4,398
			Sapphire Bidco Oy+(8)(9)(16)			One stop						E +			5.00%			(c)						7.02%															07/2029						1,617						1,490						—						1,621
			Sapphire Bidco Oy+(8)(9)(16)			One stop						E +			4.75%			(c)						6.83%															07/2029						505						500						—						505
			Sonatype, Inc.+			One stop						SF +			4.75%			(i)						8.57%															01/2028						69,460						69,541						1.8						69,460
			Sonatype, Inc.+			One stop																		N/A(6)															01/2028						—						—						—						—
			Spark Bidco Limited+(8)(10)			One stop																		N/A(6)															10/2032						—						—						—						—
			Spark Bidco Limited+(8)(10)			One stop						SF +			4.75%			(j)						8.69%															10/2032						1,132						1,123						—						1,132
			Spark Bidco Limited+(8)(10)			One stop						SF +			4.75%			(j)						8.69%															10/2032						410						410						—						410
			Spark Bidco Limited+(8)(9)(10)			One stop						A +			4.75%			(e)						8.33%															10/2032						234						230						—						234
			Spark Bidco Limited+(8)(9)(10)			One stop						SN +			3.98%			(g)						7.70%															10/2032						36						35						—						36
			Spartan Buyer Acquisition Co.*+(25)			One stop						SF +			7.50%			(j)						10.32%			cash/			1.00%			PIK						06/2027						44,712						44,577						1.1						44,264
			Spartan Buyer Acquisition Co.+(25)			One stop						SF +			7.50%			(j)						10.32%			cash/			1.00%			PIK						06/2027						2,851						2,832						0.1						2,823
			Spartan Buyer Acquisition Co.+(5)(25)			One stop						P +			6.50%			(a)						12.25%			cash/			1.00%			PIK						06/2027						2						(1)						—						(4)
			Telesoft Holdings LLC*+			One stop						SF +			5.75%			(i)						9.57%															12/2026						20,909						21,002						0.5						20,909
			Telesoft Holdings LLC+			One stop						SF +			6.25%			(i)						10.07%															12/2026						1,414						1,413						—						1,414
			Telesoft Holdings LLC+			One stop						SF +			5.75%			(i)						9.57%															12/2026						48						48						—						48
			Templafy APS and Templafy, LLC+(8)(18)			One stop						SF +			6.00%			(j)						9.97%															07/2028						4,800						4,785						0.1						4,800
			Templafy APS and Templafy, LLC+(8)(18)			One stop																		N/A(6)															07/2028						—						—						—						—
			TI Intermediate Holdings, LLC+(7)(25)			Senior secured						SF +			5.50%			(i)						8.32%			cash/			1.00%			PIK						06/2027						4,252						4,244						0.1						3,147
			TI Intermediate Holdings, LLC+(7)(25)			Senior secured						SF +			5.50%			(i)						8.32%			cash/			1.00%			PIK						06/2027						1,128						1,127						—						835
			TI Intermediate Holdings, LLC+(7)(25)			Senior secured						SF +			5.50%			(i)						8.32%			cash/			1.00%			PIK						06/2027						708						707						—						524
			TI Intermediate Holdings, LLC+(7)(25)			Senior secured						SF +			5.50%			(i)						8.32%			cash/			1.00%			PIK						06/2027						531						531						—						392
			TI Intermediate Holdings, LLC+(7)(25)			Senior secured						SF +			5.50%			(i)						8.32%			cash/			1.00%			PIK						06/2027						196						194						—						145
			TI Intermediate Holdings, LLC+(7)(25)			Senior secured						SF +			5.50%			(i)						8.32%			cash/			1.00%			PIK						06/2027						93						93						—						67
			TI Intermediate Holdings, LLC+(5)			Senior secured																		N/A(6)															03/2026						—						(6)						—						—
			TI Intermediate Holdings, LLC+(7)(25)			Senior secured						SF +			5.50%			(i)						8.32%			cash/			1.00%			PIK						03/2026						7						7						—						6
			Togetherwork Holdings, LLC*+			One stop						SF +			5.00%			(i)						8.72%															05/2031						27,623						27,585						0.7						27,623
			Togetherwork Holdings, LLC+			One stop						SF +			5.00%			(i)						8.72%															05/2031						692						665						—						692
			Togetherwork Holdings, LLC+			One stop						SF +			5.00%			(i)						8.72%															05/2031						254						241						—						254
			Transform Bidco Limited+(8)(10)(25)			One stop						SF +			6.75%			(j)						10.69%			PIK												01/2031						5,482						5,548						0.2						5,482
			Transform Bidco Limited+(8)(10)			One stop						SF +			6.50%			(i)						10.73%															06/2030						40						38						—						40
			Transform Bidco Limited+(5)(8)(10)			One stop																		N/A(6)															01/2031						—						(69)						—						—
			Transform Bidco Limited+(8)(9)(10)(25)			One stop						A +			6.75%			(e)(j)						7.62%			cash/			2.75%			PIK						01/2031						4,123						3,994						0.1						4,123
			Transform Bidco Limited+(8)(9)(10)(25)			One stop						SN +			6.75%			(g)						7.72%			cash/			2.75%			PIK						01/2031						650						611						—						650
			Transform Bidco Limited+(8)(10)(25)			One stop						SF +			6.90%			(j)						7.94%			cash/			2.90%			PIK						01/2031						4,371						4,297						0.1						4,371
			Transform Bidco Limited+(5)(8)(10)			One stop																		N/A(6)															01/2031						—						(32)						—						—
			Tricentis Operations Holdings, Inc.+(5)			One stop																		N/A(6)															02/2032						—						(4)						—						—
			Tricentis Operations Holdings, Inc.+(25)			One stop						SF +			6.26%			(j)						5.22%			cash/			4.88%			PIK						02/2032						7,837						7,804						0.2						7,837
			Tricentis Operations Holdings, Inc.+(5)			One stop																		N/A(6)															02/2032						—						(7)						—						—
			Vanco Payment Solutions, LLC+			One stop																		N/A(6)															12/2031						—						—						—						—
			Vanco Payment Solutions, LLC+			One stop						SF +			4.75%			(j)						8.42%															12/2031						478						473						—						473

See Notes to Consolidated Financial Statements.

36

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Vantage Bidco GMBH+(8)(9)(19)			One stop						E +			6.00%			(c)						8.02%															04/2031						$	9,232					$	8,395					0.2			%			$	9,232
			Vantage Bidco GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															10/2030						—						(10)						—						—
			Varinem German Midco GMBH+(8)(9)(19)			One stop						E +			5.50%			(d)						7.57%															07/2031						7,776						7,164						0.2						7,777
			Varinem German Midco GMBH+(8)(9)(19)			One stop						E +			4.75%			(d)						6.82%															07/2031						4,146						3,835						0.1						4,146
			Vendavo, Inc.+			One stop						SF +			5.75%			(j)						9.61%															09/2027						27,025						26,588						0.6						24,592
			Vendavo, Inc.+			One stop						SF +			5.75%			(a)(j)						9.76%															09/2027						2,933						2,914						0.1						2,705
			Vendavo, Inc.+			One stop						SF +			5.75%			(j)						9.59%															09/2027						985						983						—						897
			Viper Bidco, Inc.+			One stop						SF +			4.75%			(j)						8.42%															11/2031						40,473						40,303						1.0						40,574
			Viper Bidco, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(16)						—						—
			Viper Bidco, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(9)						—						—
			Viper Bidco, Inc.+(9)			One stop						SN +			4.75%			(g)						8.47%															11/2031						18,647						17,349						0.5						18,693
			Viper Bidco, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(2)						—						—
			WebPT, Inc.+			One stop						SF +			6.25%			(j)						10.01%															01/2028						924						918						—						730
			Zendesk, Inc.+(5)			One stop																		N/A(6)															11/2028						—						(23)						—						—
			Zendesk, Inc.+			One stop						SF +			5.00%			(j)						8.69%															11/2028						28,298						28,223						0.7						28,298
			Zendesk, Inc.+			One stop						SF +			5.00%			(j)						8.69%															11/2028						4,563						4,525						0.1						4,563
			Zendesk, Inc.+			One stop																		N/A(6)															11/2028						—						—						—						—
																																													2,129,072						2,101,309						53.7						2,116,246

See Notes to Consolidated Financial Statements.

37

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Specialty Retail
			Ave Holdings III, Corp*+			One stop						SF +			5.50%			(k)						9.62%															02/2028						$	23,120					$	22,966					0.6			%			$	22,426
			Ave Holdings III, Corp+			One stop						SF +			5.50%			(k)						9.62%															02/2028						6,030						6,100						0.2						5,849
			Ave Holdings III, Corp+			One stop						SF +			5.50%			(k)						9.62%															02/2028						792						792						—						769
			Ave Holdings III, Corp+(5)			One stop																		N/A(6)															02/2028						—						(1)						—						(8)
			Biscuit Parent, LLC*+			One stop						SF +			4.75%			(j)						8.42%															02/2031						19,953						19,801						0.5						19,953
			Biscuit Parent, LLC+(5)			One stop																		N/A(6)															02/2031						—						(1)						—						—
			Biscuit Parent, LLC+			One stop						SF +			4.75%			(j)						8.42%															02/2031						4,680						4,620						0.1						4,680
			Cavender Stores L.P.*			Senior secured						SF +			5.00%			(j)						8.67%															10/2029						5,390						5,359						0.1						5,390
			Consilio Midco Limited+(8)(9)(10)			Senior secured						E +			4.75%			(c)						6.77%															04/2032						13,140						12,662						0.3						13,140
			Consilio Midco Limited+(8)(10)			Senior secured						SF +			4.75%			(j)						8.42%															04/2032						10,689						10,641						0.3						10,689
			Consilio Midco Limited+(8)(10)			Senior secured						SF +			4.75%			(j)						8.42%															04/2032						6,589						6,559						0.2						6,589
			Consilio Midco Limited+(5)(8)(10)			Senior secured																		N/A(6)															04/2032						—						(18)						—						—
			Consilio Midco Limited+(8)(10)			Senior secured																		N/A(6)															04/2032						—						—						—						—
			Consilio Midco Limited+(8)(10)(25)			Subordinated debt						SF +			7.50%			(j)						11.23%			PIK												04/2033						1,781						1,769						0.1						1,781
			Consilio Midco Limited+(8)(9)(10)(25)			Subordinated debt						E +			7.50%			(d)						9.60%			PIK												04/2033						1,413						1,360						—						1,413
			Consilio Midco Limited+(8)(10)(25)			Subordinated debt						SF +			7.50%			(j)						11.82%			PIK												04/2033						2						2						—						2
			CVP Holdco, Inc.+			One stop						SF +			4.75%			(i)						8.47%															06/2031						13,529						13,423						0.4						13,529
			CVP Holdco, Inc.+(5)			One stop																		N/A(6)															06/2030						—						(11)						—						—
			CVP Holdco, Inc.+			One stop						SF +			4.75%			(i)						8.47%															06/2031						829						815						—						829
			Cycle Gear, Inc.+			One stop						SF +			6.75%			(j)						10.72%															04/2026						46,304						45,485						1.2						46,304
			Metal Supermarkets US Buyer, LLC+(8)(12)			One stop						SF +			4.75%			(j)						8.42%															12/2030						11,489						11,442						0.3						11,489
			Metal Supermarkets US Buyer, LLC+(8)(12)			One stop						SF +			4.75%			(j)						8.42%															12/2030						306						300						—						306
			PetVet Care Centers LLC*+			One stop						SF +			6.00%			(i)						9.72%															11/2030						4,680						4,712						0.1						4,212
			PetVet Care Centers LLC+			One stop						SF +			6.00%			(i)						9.84%															11/2029						10						9						—						2
			Radiance Borrower, LLC+(25)			One stop						SF +			5.25%			(i)						8.97%															06/2031						21,948						21,824						0.6						21,948
			Radiance Borrower, LLC+			One stop						SF +			5.25%			(i)						8.97%															06/2031						205						191						—						205
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						5,190						5,193						0.1						5,202
			Salon Lofts Group, LLC+(25)			Second lien						SF +			9.00%			(j)						12.67%			PIK												09/2029						3,594						3,571						0.1						3,604
			Salon Lofts Group, LLC+(25)			Second lien						SF +			9.00%			(j)						12.67%			PIK												09/2029						1,907						1,894						0.1						1,911
			Salon Lofts Group, LLC+(25)			Second lien						SF +			9.00%			(j)						12.67%			PIK												09/2029						695						689						—						696
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						534						532						—						535
			Salon Lofts Group, LLC+(25)			Second lien						SF +			9.00%			(j)						12.67%			PIK												09/2029						932						914						—						934
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						349						347						—						350
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						339						338						—						340
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						268						267						—						269
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						153						153						—						153
			Salon Lofts Group, LLC+(25)			Second lien						SF +			9.00%			(j)						12.67%			PIK												09/2029						177						176						—						177
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						112						111						—						112
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						104						104						—						104
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						85						84						—						85
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						78						78						—						78
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						495						492						—						496
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						575						570						—						575
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						633						630						—						634
			Salon Lofts Group, LLC+(5)			Second lien																		N/A(6)															09/2029						—						(14)						—						5
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						168						167						—						168
			Salon Lofts Group, LLC+(5)			Senior secured																		N/A(6)															08/2028						—						(20)						—						—
			Salon Lofts Group, LLC+(25)			Second lien						SF +			9.00%			(j)						12.67%			PIK												09/2029						1,594						1,585						—						1,598
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(j)						9.42%															08/2028						247						246						—						248

See Notes to Consolidated Financial Statements.

38

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Salon Lofts Group, LLC+(25)			Second lien						SF +			9.00%			(j)						12.67%			PIK												09/2029						$	708					$	704					—			%			$	710
			Salon Lofts Group, LLC+			Senior secured						SF +			5.25%			(j)						8.92%															08/2028						2,222						2,214						0.1						2,222
			Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd.*+			One stop						SF +			5.25%			(j)						8.92%															12/2029						31,990						31,776						0.8						31,670
			Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd.+(9)			One stop						CA +			5.25%			(m)						7.51%															12/2029						7,823						7,838						0.2						7,745
			Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd.+(5)			One stop																		N/A(6)															12/2028						—						(4)						—						(7)
			Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd.+(5)			One stop																		N/A(6)															12/2029						—						(64)						—						(33)
			Titan Fitness, LLC+(25)			One stop						SF +			7.25%			(j)						5.14%			cash/			6.25%			PIK						10/2026						42,189						41,572						0.9						32,907
			Titan Fitness, LLC+(25)			One stop						SF +			7.25%			(j)						5.14%			cash/			6.25%			PIK						10/2026						3,060						2,992						0.1						2,387
			Titan Fitness, LLC+(25)			One stop						SF +			7.25%			(j)						5.06%			cash/			6.25%			PIK						10/2026						618						594						—						432
			Titan Fitness, LLC+(25)			One stop						SF +			7.25%			(i)						6.47%			cash/			4.75%			PIK						10/2026						632						626						—						632
			Vermont Aus Pty Ltd+(8)(9)(11)			One stop						A +			4.50%			(e)						8.29%															03/2028						17,842						17,618						0.5						17,842
			VSG Acquisition Corp. and Sherrill, Inc.+(5)			One stop																		N/A(6)															10/2029						—						(1)						—						—
			VSG Acquisition Corp. and Sherrill, Inc.+			One stop						SF +			5.00%			(i)						8.72%															10/2029						103						96						—						103
			VSG Acquisition Corp. and Sherrill, Inc.*+			One stop						SF +			5.00%			(i)						8.72%															10/2029						16,223						15,923						0.4						16,223
																																													334,518						330,792						8.3						322,604
			Textiles, Apparel & Luxury Goods
			Dollfus Mieg Company, Inc.+(7)(8)(10)			One stop						SF +			6.00%			(k)						10.15%															03/2028						2,347						2,329						—						1,643
			Dollfus Mieg Company, Inc.+(7)(8)(10)			One stop						SF +			6.00%			(j)						9.84%															03/2028						1,170						1,161						—						819
			Dollfus Mieg Company, Inc.+(7)(8)(10)			One stop						SF +			6.00%			(k)						10.15%															03/2028						1,027						1,020						—						720
			Elite Sportswear, L.P.+(25)			Senior secured						SF +			7.50%			(j)						9.21%			cash/			2.00%			PIK						09/2027						10,001						10,001						0.3						9,551
			Elite Sportswear, L.P.+(25)			Senior secured						SF +			7.50%			(j)						9.43%			cash/			2.00%			PIK						09/2027						4,018						4,017						0.1						3,837
			Elite Sportswear, L.P.+(25)			Senior secured						SF +			7.50%			(j)						9.43%			cash/			2.00%			PIK						09/2027						2,069						2,069						0.1						1,976
			Elite Sportswear, L.P.+(25)			Senior secured						SF +			7.50%			(j)						9.43%			cash/			2.00%			PIK						09/2027						687						687						—						656
			Elite Sportswear, L.P.+(25)			Senior secured						SF +			7.50%			(j)						9.43%			cash/			2.00%			PIK						09/2027						314						314						—						300
			Elite Sportswear, L.P.+(25)			Senior secured						SF +			7.50%			(j)						9.43%			cash/			2.00%			PIK						09/2027						300						300						—						287
			Elite Sportswear, L.P.+(25)			Senior secured						SF +			7.50%			(j)						9.43%			cash/			2.00%			PIK						09/2027						121						121						—						72
			Elite Sportswear, L.P.+(25)			Senior secured						SF +			7.50%			(j)						9.43%			cash/			2.00%			PIK						09/2027						4						4						—						2
			Georgica Pine Clothiers, LLC+			One stop						SF +			6.00%			(j)						9.82%															11/2026						9,077						9,049						0.2						9,101
			Georgica Pine Clothiers, LLC+			One stop						SF +			6.00%			(j)						9.82%															11/2026						6,293						6,273						0.2						6,309
			Georgica Pine Clothiers, LLC+			One stop						SF +			6.00%			(j)						9.82%															11/2026						974						971						—						977
			Georgica Pine Clothiers, LLC+			One stop						SF +			6.00%			(j)						9.82%															11/2026						874						872						—						877
			Georgica Pine Clothiers, LLC+			One stop						SF +			6.00%			(j)						9.82%															11/2026						614						612						—						615
			Georgica Pine Clothiers, LLC+			One stop						SF +			6.00%			(j)						9.82%															11/2026						2						2						—						2
			Shoes For Crews Global, LLC+			Senior secured						SF +			6.50%			(i)						10.33%															07/2029						1,287						1,287						—						1,287
			Shoes For Crews Global, LLC+(25)			Senior secured						SF +			7.00%			(i)						5.83%			cash/			5.00%			PIK						07/2029						764						744						—						764
			Shoes For Crews Global, LLC+			Senior secured						SF +			6.50%			(i)						10.33%															07/2029						416						416						—						416
			Shoes For Crews Global, LLC+(5)			Senior secured																		N/A(6)															07/2029						—						(25)						—						—
																																													42,359						42,224						0.9						40,211
			Trading Companies & Distributors
			Marcone Yellowstone Buyer Inc.+(25)			One stop						SF +			7.00%			(j)						7.88%			cash/			3.25%			PIK						06/2028						20,744						20,551						0.5						18,670
			Marcone Yellowstone Buyer Inc.+(25)			One stop						SF +			7.00%			(j)						7.88%			cash/			3.25%			PIK						06/2028						21,518						21,139						0.5						19,366
			Marcone Yellowstone Buyer Inc.+(25)			One stop						SF +			7.25%			(j)						8.13%			cash/			3.25%			PIK						06/2028						6,387						6,256						0.2						5,748
			Marcone Yellowstone Buyer Inc.+(25)			One stop						SF +			7.00%			(j)						7.88%			cash/			3.25%			PIK						06/2028						2,633						2,535						0.1						2,370
			Marcone Yellowstone Buyer Inc.+(25)			One stop						SF +			7.00%			(j)						7.88%			cash/			3.25%			PIK						06/2028						6,893						6,611						0.2						6,204
																																													58,175						57,092						1.5						52,358
			Transportation Infrastructure
			LDS Intermediate Holdings, LLC+(5)			One stop																		N/A(6)															02/2032						—						(6)						—						—
			LDS Intermediate Holdings, LLC+			One stop						SF +			5.00%			(i)						8.72%															02/2032						7,389						7,349						0.2						7,389
			LDS Intermediate Holdings, LLC+			One stop						SF +			5.00%			(i)						8.72%															02/2032						1,463						1,455						—						1,463
			LDS Intermediate Holdings, LLC+(5)			One stop																		N/A(6)															02/2032						—						(4)						—						—

See Notes to Consolidated Financial Statements.

39

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			LDS Intermediate Holdings, LLC+			One stop						SF +			5.00%			(i)						8.72%															02/2032						$	206					$	205					—			%			$	206
																																													9,058						8,999						0.2						9,058
			Water Utilities
			S.J. Electro Systems, LLC*			Senior secured						SF +			4.75%			(j)						8.74%															06/2028						24,165						24,039						0.6						24,044
			S.J. Electro Systems, LLC*+			Senior secured						SF +			4.75%			(j)						8.74%															06/2028						18,534						18,484						0.5						18,441
			S.J. Electro Systems, LLC+			Senior secured						SF +			4.75%			(j)						8.74%															06/2028						1,169						1,163						—						1,164
			S.J. Electro Systems, LLC+			Senior secured						SF +			4.75%			(a)(j)						8.60%															06/2027						854						809						—						811
			S.J. Electro Systems, LLC+(5)			Senior secured																		N/A(6)															06/2028						—						(3)						—						(3)
			S.J. Electro Systems, LLC+			Senior secured						SF +			4.75%			(j)						8.74%															06/2028						180						179						—						179
			S.J. Electro Systems, LLC+			Senior secured						SF +			4.75%			(j)						8.74%															06/2028						239						238						—						238
			S.J. Electro Systems, LLC+			One stop						SF +			4.75%			(j)						8.66%															06/2028						236						235						—						235
			S.J. Electro Systems, LLC+(5)			One stop																		N/A(6)															06/2028						—						(1)						—						(1)
			Vessco Midco Holdings, LLC+			One stop						SF +			4.50%			(k)						8.23%															07/2031						507						505						—						505
			Vessco Midco Holdings, LLC+(5)			One stop																		N/A(6)															07/2031						—						(1)						—						(2)
			Vessco Midco Holdings, LLC*			One stop						SF +			4.50%			(i)(k)						8.42%															07/2031						22,500						22,321						0.6						22,387
			Vessco Midco Holdings, LLC+			One stop						SF +			4.50%			(i)(k)						8.28%															07/2031						6,200						6,170						0.2						6,162
			Vessco Midco Holdings, LLC+(5)			One stop																		N/A(6)															07/2031						—						(20)						—						(12)
																																													74,584						74,118						1.9						74,148
			Total non-controlled/non-affiliate company debt investments																																										7,955,398						7,859,062						201.0						7,857,753

See Notes to Consolidated Financial Statements.

40

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Equity investments (22)(23)
			Aerospace & Defense
			PPW Aero Buyer, Inc.+			Common stock						N/A												N/A															02/2023						N/A						93						$	948					—			%			$	840
			Tronair Parent, Inc.+			LLC interest						N/A												N/A															07/2021						N/A						—						40						—						112
																																																									988						—						952
			Air Freight & Logistics
			RJW Group Holdings, Inc.+			LP interest						N/A												N/A															11/2024						N/A						4,370						2,689						0.1						3,692
			Auto Components
			Arnott, LLC+			Common stock						N/A												N/A															12/2024						N/A						—						350						—						236
			North Haven Falcon Buyer, LLC+			Preferred stock						N/A												N/A															05/2021						N/A						2,704						693						—						693
			North Haven Falcon Buyer, LLC+			LLC interest						N/A												N/A															05/2021						N/A						2,080						18						—						18
			Polk Acquisition Corp.+			LP interest						N/A												N/A															06/2016						N/A						5						314						—						31
																																																									1,375						—						978
			Automobiles
			CAP-KSI Holdings, LLC+			Preferred stock						N/A												N/A															06/2024						N/A						645						645						—						732
			CAP-KSI Holdings, LLC+			LLC interest						N/A												N/A															06/2024						N/A						645						—						—						101
			CG Group Holdings, LLC+			LP interest						N/A												N/A															07/2021						N/A						1						983						—						817
			Go Car Wash Parent, Corp.+(24)			Preferred stock						N/A												17.00%			Non-Cash												04/2022						N/A						—						3,959						0.1						3,825
			Go Car Wash Parent, Corp.+			Common stock						N/A												N/A															04/2022						N/A						—						553						—						—
			MOP GM Holding, LLC+			Common stock						N/A												N/A															11/2020						N/A						—						499						—						292
			MOP GM Holding, LLC+			Preferred stock						N/A												N/A															06/2024						N/A						—						51						—						61
			National Express Wash Parent Holdco, LLC+			LP interest						N/A												N/A															07/2022						N/A						1						103						—						179
			POY Holdings, LLC+			LP interest						N/A												N/A															11/2022						N/A						446						820						—						408
			Quick Quack Car Wash Holdings, LLC+			LLC units						N/A												N/A															06/2024						N/A						1,085						1,085						—						1,460
			Quick Quack Car Wash Holdings, LLC+			LLC interest						N/A												N/A															06/2024						N/A						215						215						—						278
			Yorkshire Parent, Inc.+			LP interest						N/A												N/A															12/2023						N/A						—						544						—						679
																																																									9,457						0.1						8,832
			Beverages
			Spindrift Beverage Co. Inc.+			LP interest						N/A												N/A															02/2025						N/A						2						2,039						0.1						2,438
			Biotechnology
			Cobepa BlueSky Aggregator, SCSp+(24)			LP units						N/A												N/A															10/2023						N/A						4						40						—						32
			Cobepa BlueSky Aggregator, SCSp+(7)(24)			Preferred stock						N/A												15.00%			Non-Cash												04/2024						N/A						5						61						—						—
			Cobepa BlueSky Aggregator, SCSp+			LP interest						N/A												N/A															12/2021						N/A						219						1,899						—						—
																																																									2,000						—						32
			Building Products
			BECO Holding Company, Inc.+(24)			Preferred stock						N/A												11.75%			Non-Cash												11/2021						N/A						132						20,899						0.6						21,351
			BECO Holding Company, Inc.+			LP interest						N/A												N/A															11/2021						N/A						10						1,218						—						1,097
																																																									22,117						0.6						22,448
			Chemicals
			Inhance Parent, Inc.+			Common stock						N/A												N/A															07/2018						N/A						—						124						—						—
			Inhance Parent, Inc.+			Preferred stock						N/A												N/A															09/2025						N/A						12						—						—						328
			Inhance Parent, Inc.+			Preferred stock						N/A												N/A															12/2021						N/A						12						7,283						—						—
																																																									7,407						—						328

See Notes to Consolidated Financial Statements.

41

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Commercial Services & Supplies
			CHA Vision Holdings, Inc.+			LP interest						N/A												N/A															01/2024						N/A						—						$	461					—			%			$	564
			CI (Quercus) Intermediate Holdings, LLC+			LP interest						N/A												N/A															10/2021						N/A						773						836						—						1,035
			PT Intermediate Holdings III, LLC+			LLC interest						N/A												N/A															12/2021						N/A						16						1,787						0.1						1,972
			Radwell Parent, LLC+			LP interest						N/A												N/A															03/2022						N/A						4						477						—						485
																																																									3,561						0.1						4,056
			Containers & Packaging
			Chase Intermediate+			LP units						N/A												N/A															04/2022						N/A						217						209						—						332
			Packaging Coordinators Midco, Inc.+			LP interest						N/A												N/A															09/2025						N/A						45						450						—						450
																																																									659						—						782
			Diversified Consumer Services
			Action Termite Control, LLC+			Common stock						N/A												N/A															12/2025						N/A						1						5						—						5
			Action Termite Control, LLC+			Preferred stock						N/A												N/A															12/2025						N/A						—						95						—						95
			CHHJ Midco, LLC+			Preferred stock						N/A												N/A															01/2021						N/A						27						312						—						477
			CHVAC Services Investment, LLC+			Common stock						N/A												N/A															05/2024						N/A						105						267						—						498
			DP Flores Holdings, LLC+			LLC interest						N/A												N/A															09/2022						N/A						106						98						—						170
			EMS LINQ, LLC+			LP interest						N/A												N/A															12/2021						N/A						761						758						—						215
			EWC Growth Partners LLC+			LLC interest						N/A												N/A															03/2020						N/A						—						12						—						—
			FPG Intermediate Holdco, LLC+			LLC interest						N/A												N/A															07/2025						N/A						18						6,655						0.2						5,654
			HS Spa Holdings, Inc.+			Common stock						N/A												N/A															05/2022						N/A						729						732						—						469
			Kodiak Buyer, LLC+			Common stock						N/A												N/A															08/2025						N/A						4						373						—						378
			Liminex, Inc.+			Common stock						N/A												N/A															11/2020						N/A						17						634						—						343
			NSG Buyer, Inc. +			LP units						N/A												N/A															11/2022						N/A						3						2,992						0.1						4,196
			PADI Holdco, Inc.+			LLC interest						N/A												N/A															07/2017						N/A						1						945						—						1,355
			Project Alpha Intermediate Holdings, Inc.+			LP interest						N/A												N/A															05/2025						N/A						327						1,359						—						1,419
			SCP CDH Buyer, Inc.+			Common stock						N/A												N/A															12/2025						N/A						1						5						—						5
			SCP CDH Buyer, Inc.+			Preferred stock						N/A												N/A															12/2025						N/A						—						95						—						95
			Virginia Green Acquisition, LLC+			LP interest						N/A												N/A															12/2023						N/A						397						407						—						546
																																																									15,744						0.3						15,920
			Electric Utilities
			Smart Energy Systems, Inc.+			Warrant						N/A												N/A															01/2025						N/A						18						96						—						470
			Electrical Equipment
			Wildcat TopCo, Inc.+(24)			LP interest						N/A												N/A															12/2024						N/A						503						412						—						549
			Electronic Equipment, Instruments & Components
			Inventus Power, Inc.+			Preferred stock						N/A												N/A															03/2014						N/A						—						372						—						146
			Inventus Power, Inc.+			Preferred stock						N/A												N/A															04/2018						N/A						—						88						—						276
			Inventus Power, Inc.+			Preferred stock						N/A												N/A															05/2019						N/A						—						20						—						61
			Inventus Power, Inc.+			Common stock						N/A												N/A															03/2014						N/A						—						—						—						—
																																																									480						—						483

See Notes to Consolidated Financial Statements.

42

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Food & Staples Retailing
			GMF Parent, Inc.+			LP interest						N/A												N/A															12/2025						N/A						—						$	100					—			%			$	100
			Hopdoddy Holdings, LLC+			LLC units						N/A												N/A															08/2015						N/A						44						217						—						271
			Hopdoddy Holdings, LLC+			LLC interest						N/A												N/A															02/2016						N/A						20						61						—						60
			Mendocino Farms, LLC+			Common stock						N/A												N/A															06/2018						N/A						227						1,041						0.1						1,555
			PDI TA Holdings, Inc.+			Preferred stock						N/A												N/A															02/2023						N/A						135						4,613						0.2						6,716
			Ruby Slipper Cafe LLC, The+			LLC interest						N/A												N/A															06/2024						N/A						3						47						—						55
			Ruby Slipper Cafe LLC, The+			LLC interest						N/A												N/A															01/2018						N/A						38						423						—						78
			Ruby Slipper Cafe LLC, The+			LLC interest						N/A												N/A															08/2020						N/A						2						28						—						56
																																																									6,530						0.3						8,891
			Food Products
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															06/2021						N/A						107						195						—						222
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															05/2023						N/A						6						14						—						11
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															01/2022						N/A						4						9						—						8
			Borrower R365 Holdings, LLC+			Common stock						N/A												N/A															06/2022						N/A						1						3						—						3
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															06/2022						N/A						2						4						—						4
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															05/2023						N/A						1						3						—						3
			Borrower R365 Holdings, LLC+			Common stock						N/A												N/A															05/2023						N/A						—						1						—						1
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															04/2024						N/A						21						73						—						59
			Kodiak Cakes, LLC+			Common stock						N/A												N/A															06/2021						N/A						—						557						0.1						1,963
			Louisiana Fish Fry Products, Ltd.+			Common stock						N/A												N/A															07/2021						N/A						—						599						—						204
			Louisiana Fish Fry Products, Ltd.+			Preferred stock						N/A												N/A															09/2022						N/A						—						24						—						36
			P&P Food Safety Holdings, Inc.+			Preferred stock						N/A												N/A															03/2024						N/A						—						31						—						45
			P&P Food Safety Holdings, Inc.+			Common stock						N/A												N/A															12/2020						N/A						5						434						—						338
			Purfoods, LLC+(24)			LLC interest						N/A												N/A															05/2016						N/A						—						945						0.2						5,917
			Zullas, L.C.+			Common stock						N/A												N/A															06/2025						N/A						—						250						—						260
																																																									3,142						0.3						9,074
			Healthcare Equipment & Supplies
			Aspen Medical Products, LLC+			Common stock						N/A												N/A															06/2019						N/A						—						98						—						106
			Blue River Pet Care, LLC+			LLC interest						N/A												N/A															08/2019						N/A						—						734						—						748
			CCSL Holdings, LLC+			LP interest						N/A												N/A															12/2020						N/A						—						500						—						733
			Centegix Intermediate II, LLC+			LLC interest						N/A												N/A															08/2025						N/A						600						600						—						642
			CMI Parent Inc.+			Preferred stock						N/A												N/A															08/2019						N/A						—						557						—						691
			CMI Parent Inc.+			Common stock						N/A												N/A															08/2019						N/A						8						483						0.1						1,517
			Isto Group, Inc.+(9)			LP interest						N/A												N/A															09/2025						N/A						3						369						—						365
			JHC Investment Intermediate Holdings, LLC+			Common stock						N/A												N/A															03/2024						N/A						5,293						—						0.1						2,160
			ZimVie, Inc.+			LP interest						N/A												N/A															10/2025						N/A						4						362						—						362
																																																									3,703						0.2						7,324

See Notes to Consolidated Financial Statements.

43

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Healthcare Providers & Services
			Active Day, Inc.+			LLC interest						N/A												N/A															12/2015						N/A						2						$	1,099					0.1			%			$	2,531
			Acuity Eyecare Holdings, LLC+			LLC interest						N/A												N/A															03/2017						N/A						1,632						2,235						0.2						5,770
			Acuity Eyecare Holdings, LLC+			LLC units						N/A												N/A															05/2021						N/A						889						1,023						0.1						3,737
			ADCS Clinics Intermediate Holdings, LLC+			Preferred stock						N/A												N/A															05/2016						N/A						2						1,119						—						1,104
			ADCS Clinics Intermediate Holdings, LLC+			Common stock						N/A												N/A															05/2016						N/A						—						6						—						—
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			LLC interest						N/A												N/A															03/2021						N/A						180						192						—						156
			CRH Healthcare Purchaser, Inc.+			LP interest						N/A												N/A															12/2018						N/A						531						456						—						1,014
			DCA Investment Holding, LLC(7)(24)			Preferred stock						N/A												8.00%			Non-Cash												12/2022						N/A						1,142						659						—						—
			DCA Investment Holding, LLC			Common stock						N/A												N/A															12/2022						N/A						12						5						—						—
			Encorevet Group LLC+			Preferred stock						N/A												N/A															05/2024						N/A						3						261						—						91
			ERC Topco Holdings, LLC+			Common stock						N/A												N/A															03/2025						N/A						3						4,841						0.1						3,647
			HP TLE Buyer, Inc.+			Common stock						N/A												N/A															07/2025						N/A						450						450						—						454
			Krueger-Gilbert Health Physics, LLC+			LLC interest						N/A												N/A															05/2019						N/A						239						324						—						742
			MWD Management, LLC & MWD Services, Inc.+			LLC interest						N/A												N/A															06/2017						N/A						412						335						—						617
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)			Common stock						N/A												N/A															05/2021						N/A						—						409						—						450
			Pinnacle Treatment Centers, Inc.+			Preferred stock						N/A												N/A															08/2016						N/A						—						528						—						512
			Pinnacle Treatment Centers, Inc.+			Common stock						N/A												N/A															08/2016						N/A						4						74						—						—
			Pyramid Healthcare Acquisition Corp.+			LLC interest						N/A												N/A															05/2021						N/A						257						310						—						408
			Radiology Partners, Inc.+			Preferred stock						N/A												N/A															02/2018						N/A						11						68						—						92
			Radiology Partners, Inc.+			Preferred stock						N/A												N/A															09/2014						N/A						43						55						—						364
			Southern Veterinary Partners, LLC+(24)			Preferred stock						N/A												10.00%			Non-Cash												12/2024						N/A						5						1,516						0.2						5,444
			Southern Veterinary Partners, LLC+			Common stock						N/A												N/A															12/2024						N/A						52						81						—						708
			Southern Veterinary Partners, LLC+(24)			Preferred stock						N/A												10.00%			Non-Cash												12/2024						N/A						—						15						—						53
			Southern Veterinary Partners, LLC+			Common stock						N/A												N/A															12/2024						N/A						1						—						—						7
			Southern Veterinary Partners, LLC+(24)			Preferred stock						N/A												10.00%			Non-Cash												12/2024						N/A						—						276						—						452
			Southern Veterinary Partners, LLC+			Common stock						N/A												N/A															12/2024						N/A						4						15						—						59
			Southern Veterinary Partners, LLC+(24)			Preferred stock						N/A												10.00%			Non-Cash												12/2024						N/A						—						3						—						5
			Southern Veterinary Partners, LLC+			Common stock						N/A												N/A															12/2024						N/A						—						—						—						1
			Suveto Buyer, LLC+			Common stock						N/A												N/A															11/2021						N/A						8						727						—						569
																																																									17,082						0.7						28,987

See Notes to Consolidated Financial Statements.

44

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Healthcare Technology
			Amberfield Acquisition Co.+			Common stock						N/A												N/A															05/2024						N/A						446						$	449					—			%			$	593
			Connexin Software, Inc.+			LLC interest						N/A												N/A															02/2018						N/A						180						228						—						347
			Connexin Software, Inc.+			LLC interest						N/A												N/A															02/2024						N/A						12						16						—						28
			HSI Halo Acquisition, Inc.+(24)			Preferred stock						N/A												10.00%			Non-Cash												10/2019						N/A						—						134						—						265
			HSI Halo Acquisition, Inc.+			LLC interest						N/A												N/A															10/2019						N/A						—						14						—						111
			Modernizing Medicine, Inc.+(24)			Preferred stock						N/A												13.00%			Non-Cash												04/2025						N/A						5						4,848						0.2						4,949
			Symplr Software, Inc.+(24)			Preferred stock						N/A												11.00%			Non-Cash												10/2021						N/A						15						22,002						0.5						19,817
			Symplr Software, Inc.+(24)			Preferred stock						SF +			10.50%			(j)						14.17%			Non-Cash												11/2018						N/A						3						6,886						0.2						7,267
			Symplr Software, Inc.+(24)			Preferred stock						N/A												11.00%			Non-Cash												12/2020						N/A						2						2,779						0.1						2,630
			Symplr Software, Inc.+(24)			Preferred stock						N/A												11.00%			Non-Cash												06/2021						N/A						1						1,671						0.1						1,537
			Symplr Software, Inc.+			LLC interest						N/A												N/A															09/2021						N/A						—						161						—						110
			Symplr Software, Inc.+			Common stock						N/A												N/A															11/2018						N/A						219						237						—						633
			Tebra Technologies, Inc.+			Warrant						N/A												N/A															03/2019						N/A						169						871						—						386
			Tebra Technologies, Inc.+			Warrant						N/A												N/A															06/2017						N/A						53						162						—						—
			Tebra Technologies, Inc.+			Preferred stock						N/A												N/A															09/2018						N/A						1						8						—						8
			Veranex, Inc.+			Preferred stock						N/A												N/A															08/2025						N/A						135						30						—						—
			Veranex, Inc.+			Preferred stock						N/A												N/A															08/2025						N/A						472						—						—						—
			Veranex, Inc.+			Common stock						N/A												N/A															08/2025						N/A						60						—						—						—
																																																									40,496						1.1						38,681
			Hotels, Restaurants & Leisure
			Cafe Rio Holding, Inc.+			Common stock						N/A												N/A															09/2017						N/A						5						603						—						219
			Cafe Rio Holding, Inc.+			Preferred stock						N/A												N/A															12/2025						N/A						—						41						—						41
			Harri US LLC+			Preferred stock						N/A												N/A															02/2022						N/A						119						892						—						736
			Harri US LLC+			Preferred stock						N/A												N/A															10/2021						N/A						102						649						—						614
			Harri US LLC+			Warrant						N/A												N/A															10/2021						N/A						34						171						—						205
			Harri US LLC+			Preferred stock						N/A												N/A															10/2023						N/A						96						1,141						—						1,407
			Harri US LLC+			Warrant						N/A												N/A															03/2024						N/A						9						69						—						137
			Harri US LLC+			Warrant						N/A												N/A															02/2025						N/A						10						—						—						—
			Harri US LLC+			Warrant						N/A												N/A															06/2025						N/A						9						107						—						127
			LMP TR Holdings, LLC			LLC units						N/A												N/A															05/2013						N/A						712						712						—						—
			Patriot Acquireco, LLC+			Common stock						N/A												N/A															09/2025						N/A						450						456						—						450
			PB Group Holdings, LLC+			LP interest						N/A												N/A															08/2024						N/A						383						886						—						819
			Rooster BidCo Limited+(8)(10)			Preferred stock						N/A												N/A															03/2025						N/A						1,258						1,301						0.1						2,238
			Saguaro Buyer, LLC+			Common stock						N/A												N/A															07/2025						N/A						—						250						—						311
			SSRG Holdings, LLC+			LP interest						N/A												N/A															11/2019						N/A						46						493						—						515
																																																									7,771						0.1						7,819
			Insurance
			Majesco+(24)			Preferred stock						N/A												9.00%			Non-Cash												09/2020						N/A						—						607						—						683
			Majesco+			LP interest						N/A												N/A															09/2020						N/A						97						94						—						355
			Oakbridge Insurance Agency LLC+			LP interest						N/A												N/A															11/2023						N/A						20						404						—						443
																																																									1,105						—						1,481
			Internet & Direct Marketing Retail
			Revalize, Inc.+			Preferred stock						N/A												N/A															12/2021						N/A						25						26,215						0.6						22,429
			Revalize, Inc.+			Preferred stock						N/A												N/A															12/2021						N/A						15						15,735						0.4						13,462
			Revalize, Inc.+			Preferred stock						N/A												N/A															12/2022						N/A						11						11,050						0.3						8,784
			Revalize, Inc.+			Preferred stock						N/A												N/A															04/2022						N/A						4						4,285						0.1						3,343
																																																									57,285						1.4						48,018

See Notes to Consolidated Financial Statements.

45

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			IT Services
			Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc.+			Preferred stock						N/A												N/A															02/2020						N/A						804						$	2,398					0.3			%			$	9,123
			Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc.+			Preferred stock						N/A												N/A															10/2020						N/A						211						931						0.1						2,392
			Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc.+			Preferred stock						N/A												N/A															07/2021						N/A						48						408						—						549
			Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc.+			Warrant						N/A												N/A															08/2020						N/A						277						779						0.1						2,981
			Critical Start, Inc.+			Common stock						N/A												N/A															05/2022						N/A						343						379						—						105
			Kentik Technologies, Inc.+			Preferred stock						N/A												N/A															09/2021						N/A						509						2,933						0.1						3,030
			Kentik Technologies, Inc.+			Warrant						N/A												N/A															11/2024						N/A						1						5						—						6
			Netwrix Corporation+			LLC interest						N/A												N/A															06/2022						N/A						7						19						—						16
			Optimizely North America, Inc.+			Common stock						N/A												N/A															10/2018						N/A						92						1,016						—						1,138
			Saturn Borrower Inc.+			Preferred stock						N/A												N/A															09/2020						N/A						520						470						—						567
																																																									9,338						0.6						19,907
			Leisure Products
			Massage Envy, LLC+			LLC interest						N/A												N/A															09/2012						N/A						749						210						0.1						1,969
			Movement Holdings, LLC+(8)(10)			LLC interest						N/A												N/A															03/2024						N/A						—						152						—						78
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						82						141						—						—
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						56						96						—						—
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						47						78						—						—
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						41						70						—						—
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						18						29						—						—
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						2						2						—						—
																																																									778						0.1						2,047
			Life Sciences Tools & Services
			Celerion Buyer, Inc.+(24)			Common stock						N/A												N/A															11/2022						N/A						1,302						80						0.1						2,937
			PAS Parent Inc.+			LP interest						N/A												N/A															12/2021						N/A						15						1,651						0.1						2,201
			PAS Parent Inc.+			Preferred stock						N/A												N/A															03/2023						N/A						2						267						—						384
																																																									1,998						0.2						5,522
			Oil, Gas & Consumable Fuels
			W3 Co.+			LLC interest						N/A												N/A															03/2017						N/A						3						1,633						—						510
			W3 Co.+			Preferred stock						N/A												N/A															01/2019						N/A						—						224						—						206
																																																									1,857						—						716
			Paper & Forest Products
			Messenger, LLC+			Preferred stock						N/A												N/A															12/2021						N/A						8						667						—						894
			Messenger, LLC+			Common stock						N/A												N/A															12/2021						N/A						1						—						—						—
																																																									667						—						894
			Pharmaceuticals
			Amalthea Parent, Inc.+(8)(12)			LP interest						N/A												N/A															03/2021						N/A						701						605						—						662
			Cobalt Buyer Sub, Inc.+(24)			Preferred stock						N/A												13.75%			Non-Cash												10/2021						N/A						11						19,105						0.5						19,054
			Cobalt Buyer Sub, Inc.+			Preferred stock						N/A												N/A															10/2021						N/A						—						246						—						67
			Cobalt Buyer Sub, Inc.+			Common stock						N/A												N/A															10/2021						N/A						3						2						—						—
			Creek Parent, Inc.+			LP interest						N/A												N/A															12/2024						N/A						3,372						3,372						0.1						4,148
																																																									23,330						0.6						23,931

See Notes to Consolidated Financial Statements.

46

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Professional Services
			Eclipse Buyer, Inc.+(24)			Preferred stock						N/A												12.50%			Non-Cash												09/2024						N/A						—						$	1,882					0.1			%			$	1,910
			Enboarder, Inc.+(8)			Preferred stock						N/A												N/A															01/2022						N/A						83						859						—						532
			Filevine, Inc.+			Preferred stock						N/A												N/A															04/2022						N/A						362						2,867						0.2						6,915
			Filevine, Inc.+			Warrant						N/A												N/A															04/2022						N/A						54						224						—						921
			Filevine, Inc.+			Preferred stock						N/A												N/A															05/2024						N/A						21						176						—						404
			Net Health Acquisition Corp.+			LP interest						N/A												N/A															12/2017						N/A						14						1,684						0.1						2,586
			Procure Acquireco, Inc.+			LP interest						N/A												N/A															12/2021						N/A						—						901						—						1,274
																																																									8,593						0.4						14,542
			Real Estate Management & Development
			Inhabit IQ Inc.+			LLC interest						N/A												N/A															01/2018						N/A						2						528						—						469
			SC Landco Parent, LLC+			Common stock						N/A												N/A															09/2022						N/A						2						274						—						259
																																																									802						—						728
			Road & Rail
			Internet Truckstop Group, LLC+			LP interest						N/A												N/A															04/2019						N/A						554						587						—						350
			Software
			Anaplan, Inc.+			LP interest						N/A												N/A															06/2022						N/A						962						1,254						0.1						1,725
			Aras Corporation+(24)			Preferred stock						N/A												12.00%			Non-Cash												04/2021						N/A						1						2,287						0.1						2,510
			Aras Corporation+			Common stock						N/A												N/A															04/2021						N/A						427						446						—						743
			Astute Holdings, Inc.+			LP interest						N/A												N/A															04/2019						N/A						—						520						—						0
			Auvik Networks Inc.+(8)(12)			Preferred stock						N/A												N/A															07/2021						N/A						37						405						—						568
			Auvik Networks Inc.+(8)(12)			Preferred stock						N/A												N/A															02/2023						N/A						4						46						—						64
			Bayshore Intermediate #2, L.P.+			Common stock						N/A												N/A															10/2021						N/A						5,841						5,890						0.2						7,174
			Calabrio, Inc.+			LP interest						N/A												N/A															04/2021						N/A						1						1,157						0.1						1,488
			Calabrio, Inc.+			LP interest						N/A												N/A															04/2021						N/A						134						0						—						0
			CB Buyer, Inc.+			LP interest						N/A												N/A															07/2024						N/A						258						258						—						221
			Cloudbees, Inc.+			Preferred stock						N/A												N/A															11/2021						N/A						179						2,007						0.1						2,079
			Cloudbees, Inc.+			Warrant						N/A												N/A															05/2018						N/A						158						445						—						1,075
			Cloudbees, Inc.+			Preferred stock						N/A												N/A															06/2018						N/A						86						602						—						790
			Cynet Security Ltd.+(8)(15)			Preferred stock						N/A												N/A															08/2022						N/A						220						855						—						1,227
			Denali Bidco Limited+(8)(10)			LP units						N/A												N/A															08/2023						N/A						431						312						—						744
			Diligent Corporation+(24)			Preferred stock						N/A												10.50%			Non-Cash												04/2021						N/A						24						34,923						1.0						36,667
			Diligent Corporation+			Preferred stock						N/A												N/A															04/2016						N/A						415						912						—						895
			Energy Worldnet, LLC+			LLC interest						N/A												N/A															02/2025						N/A						50						51						—						55
			FirstUp, Inc.+			Common stock						N/A												N/A															07/2021						N/A						305						661						—						250
			FirstUp, Inc.+			Preferred stock						N/A												N/A															03/2025						N/A						14						27						—						32
			GS Acquisitionco, Inc.+(24)			Preferred stock						N/A												11.00%			Non-Cash												04/2021						N/A						35						52,133						1.4						53,813
			GS Acquisitionco, Inc.+(24)			Preferred stock						N/A												11.00%			Non-Cash												11/2021						N/A						5						6,638						0.2						6,686
			GS Acquisitionco, Inc.+			LP interest						N/A												N/A															09/2021						N/A						1						363						—						0
			GS Acquisitionco, Inc.+(24)			Preferred stock						SF +			10.50%			(j)						14.17%			Non-Cash												08/2023						N/A						—						144						—						142
			GTY Technology Holdings, Inc.+			LP interest						N/A												N/A															07/2022						N/A						73						91						—						156
			Gurobi Optimization, LLC+			Common stock						N/A												N/A															09/2024						N/A						—						709						—						767
			Impartner, Inc.+			Preferred stock						N/A												N/A															10/2021						N/A						39						307						—						220
			Kaseya Inc.+(24)			Preferred stock						SF +			10.75%			(j)						14.35%			Non-Cash												06/2022						N/A						2						3,833						0.1						3,752
			Kaseya Inc.+			LP interest						N/A												N/A															06/2022						N/A						250						253						—						293

See Notes to Consolidated Financial Statements.

47

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			LogicMonitor, Inc.+			LP interest						N/A												N/A															12/2024						N/A						250						$	250					—			%			$	275
			Menlo Ridgeview Co-Invest, LLC+(8)			LLC interest						N/A												N/A															05/2025						N/A						931						956						—						1,036
			Ministry Brands Holdings LLC+			LP interest						N/A												N/A															12/2021						N/A						799						774						—						555
			Navex Global Holdings Corporation+			LP interest						N/A												N/A															10/2025						N/A						—						450						—						450
			Onapsis, Inc., Virtual Forge GMBH and Onapsis GMBH+			Warrant						N/A												N/A															10/2019						N/A						6						17						—						15
			Onit, Inc.+			Common stock						N/A												N/A															09/2025						N/A						—						14						—						14
			Panzura, LLC+			LLC units						N/A												N/A															03/2025						N/A						2						6						—						—
			Personify, Inc.+			LLC interest						N/A												N/A															09/2018						N/A						879						1,396						—						1,322
			Pluralsight, LLC+			LLC interest						N/A												N/A															08/2024						N/A						1,988						3,663						—						123
			QAD, Inc.+			Preferred stock						N/A												N/A															11/2021						N/A						1						1,186						—						1,004
			QAD, Inc.+			Common stock						N/A												N/A															11/2021						N/A						68						134						—						207
			RegEd Aquireco, LLC+			Preferred stock						N/A												N/A															12/2018						N/A						—						358						—						158
			RegEd Aquireco, LLC+			Preferred stock						N/A												N/A															07/2023						N/A						—						29						—						37
			RegEd Aquireco, LLC+			Common stock						N/A												N/A															12/2018						N/A						4						21						—						0
			Riskonnect Parent, LLC+(24)			Preferred stock						N/A												11.00%			Non-Cash												04/2022						N/A						26						37,467						1.0						37,839
			Riskonnect Parent, LLC+			LP interest						N/A												N/A															11/2021						N/A						1,382						1,414						—						1,401
			Riskonnect Parent, LLC+(24)			Preferred stock						SF +			10.50%			(j)						14.70%			Non-Cash												07/2022						N/A						—						1,107						—						1,108
			Riskonnect Parent, LLC+(24)			Preferred stock						N/A												10.50%			Non-Cash												06/2024						N/A						—						58						—						63
			Rokt Inc.+			Common stock						N/A												N/A															01/2025						N/A						20						683						—						796
			SnapLogic, Inc.+			Preferred stock						N/A												N/A															09/2019						N/A						344						1,028						0.1						2,007
			SnapLogic, Inc.+			Warrant						N/A												N/A															09/2019						N/A						131						162						—						517
			Spartan Buyer Acquisition Co.+			Common stock						N/A												N/A															12/2020						N/A						1						794						—						465
			Spartan Buyer Acquisition Co.+			Preferred stock						N/A												N/A															12/2022						N/A						—						110						—						141
			StrongDM, Inc.+			Preferred stock						N/A												N/A															05/2025						N/A						424						2,257						0.1						2,257
			Telesoft Holdings LLC+			LP interest						N/A												N/A															12/2019						N/A						137						129						—						125
			Templafy APS and Templafy, LLC+(8)(18)			Warrant						N/A												N/A															07/2022						N/A						—						82						—						5
			Togetherwork Holdings, LLC+			Preferred stock						N/A												N/A															07/2024						N/A						307						1,342						—						1,442
			Transform Bidco Limited+(8)(10)			LP interest						N/A												N/A															04/2025						N/A						2,350						2,367						0.1						2,353
			Tricentis Operations Holdings, Inc.+			LP interest						N/A												N/A															02/2025						N/A						40						40						—						46
			Zendesk, Inc.+			Common stock						N/A												N/A															11/2022						N/A						63						708						—						605
																																																									176,531						4.6						180,502
			Specialty Retail
			Ave Holdings III, Corp+(7)(24)			Preferred stock						N/A												11.50%			Non-Cash												02/2022						N/A						15						20,613						0.4						15,095
			Ave Holdings III, Corp+			Common stock						N/A												N/A															02/2022						N/A						2						1,737						—						132
			Batteries Plus Holding Corporation+			LP interest						N/A												N/A															07/2016						N/A						10						1,287						—						1,381
			Cycle Gear, Inc.+			LLC interest						N/A												N/A															02/2016						N/A						2,002						481						—						206
			Cycle Gear, Inc.+			Preferred stock						N/A												N/A															01/2023						N/A						75						75						—						154
			Metal Supermarkets US Buyer, LLC+(8)(12)			Common stock						N/A												N/A															12/2024						N/A						1						—						—						6
			Metal Supermarkets US Buyer, LLC+(8)(12)			Preferred stock						N/A												N/A															12/2024						N/A						3						347						—						377
			Salon Lofts Group, LLC+			Common stock						N/A												N/A															08/2022						N/A						—						137						—						76
			VSG Acquisition Corp. and Sherrill, Inc.+			LP interest						N/A												N/A															04/2022						N/A						—						57						—						94
																																																									24,734						0.4						17,521

See Notes to Consolidated Financial Statements.

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Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Textiles, Apparel & Luxury Goods
			Georgica Pine Clothiers, LLC+			LLC interest						N/A												N/A															11/2015						N/A						20						$	239					—			%			$	299
			Georgica Pine Clothiers, LLC+			LLC units						N/A												N/A															08/2020						N/A						—						—						—						2
			MakerSights, Inc.+			Preferred stock						N/A												N/A															06/2021						N/A						56						265						—						97
			Shoes For Crews Global, LLC+			Common stock						N/A												N/A															06/2024						N/A						2						1,087						—						1,485
																																																									1,591						—						1,883
			Total non-controlled/non-affiliate company equity investments																																																						456,944						12.3						480,778
			Total non-controlled/non-affiliate company investments																																																						8,316,006						213.3						8,338,531

See Notes to Consolidated Financial Statements.

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Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Non-controlled/affiliate company investments(27)
			Debt investments
			Beverages
			Abita Brewing Co., L.L.C.+(7)(25)			One stop						SF +			1.00%			(j)						4.67%			PIK												06/2027						$	7,685					$	7,071					0.1			%			$	2,690
			Abita Brewing Co., L.L.C.+(7)(25)			Second lien						SF +			1.00%			(j)						4.67%			PIK												06/2027						5,290						3,724						—						212
			Abita Brewing Co., L.L.C.+(25)			One stop						SF +			1.00%			(j)						4.74%			PIK												06/2027						3,098						3,098						0.1						2,536
																																													16,073						13,893						0.2						5,438
			Energy, Equipment & Services
			Benetech, Inc.+(7)(25)			One stop						SF +			1.00%			(j)						4.67%			PIK												08/2027						5,056						3,623						0.1						2,022
			Benetech, Inc.+(7)(25)			One stop						SF +			1.00%			(j)						4.67%			PIK												08/2027						1,067						679						—						45
																																													6,123						4,302						0.1						2,067
			Healthcare Equipment & Supplies
			G & H Wire Company, Inc.+			One stop																		N/A(6)															11/2029						—						—						—						—
			G & H Wire Company, Inc.+(25)			One stop						SF +			6.00%			(j)						4.79%			cash/			5.00%			PIK						11/2029						2,901						2,901						0.1						2,901
																																													2,901						2,901						0.1						2,901
			Healthcare Providers & Services
			Bayside Opco, LLC+			One stop						SF +			7.25%			(j)						11.07%															06/2026						12,699						12,684						0.3						12,699
			Bayside Opco, LLC+(25)			Subordinated debt						SF +			10.00%			(j)						13.82%			PIK												06/2026						6,043						5,936						0.2						6,043
			Bayside Opco, LLC+			One stop						SF +			7.25%			(j)						11.07%															06/2026						4,492						4,459						0.1						4,492
			Bayside Opco, LLC+			One stop																		N/A(6)															06/2026						—						—						—						—
			Elite Dental Partners LLC+(7)(25)			One stop						SF +			5.25%			(j)						9.07%			PIK												09/2026						18,836						13,029						0.1						3,955
			Elite Dental Partners LLC+(7)(25)			One stop						SF +			12.00%			(j)						15.82%			PIK												09/2026						11,974						7,225						0.1						3,113
			Elite Dental Partners LLC+(25)			One stop						SF +			5.25%			(j)						9.07%			PIK												09/2026						2,031						2,031						0.1						2,031
			Elite Dental Partners LLC+(25)			One stop						SF +			5.25%			(j)						9.40%			PIK												09/2026						1,549						1,549						—						1,549
			Opening Day Borrower 111 LLC+(25)			One stop						SF +			6.25%			(j)						10.71%			PIK												05/2027						6,033						6,033						0.1						6,033
			SPF Borrower LLC+(25)			One stop						SF +			6.25%			(j)						8.07%			cash/			2.00%			PIK						02/2028						16,191						16,191						0.4						16,191
			SPF Borrower LLC+			One stop						SF +			9.50%			(j)						13.32%															02/2028						8,625						8,625						0.2						8,625
			SPF Borrower LLC+			One stop																		N/A(6)															02/2028						—						—						—						—
																																													88,473						77,762						1.6						64,731
			Life Sciences Tools & Services
			Reaction Biology Corporation+(25)			One stop						SF +			4.75%			(j)						8.42%			PIK												03/2029						1,069						1,069						—						1,069
			Reaction Biology Corporation+(25)			One stop						SF +			4.75%			(j)						8.42%			PIK												03/2029						2,989						2,989						0.1						2,481
																																													4,058						4,058						0.1						3,550
			Multiline Retail
			Fleet Farm Group, LLC+(25)			Senior secured						SF +			5.50%			(j)						9.81%			PIK												01/2031						5,540						5,540						0.1						5,152
			Fleet Farm Group, LLC+(25)			One stop						SF +			5.50%			(j)						9.32%			PIK												01/2031						3,326						3,326						0.1						3,126
																																													8,866						8,866						0.2						8,278
			Personal Products
			IMPLUS Footcare, LLC+(25)			One stop						SF +			6.00%			(j)						9.68%			PIK												10/2028						3,800						3,800						0.1						3,716
			IMPLUS Footcare, LLC+(25)			One stop						SF +			6.00%			(i)						9.70%			PIK												10/2028						8,650						8,145						0.2						8,045
																																													12,450						11,945						0.3						11,761
			Software
			Switchfly LLC+(25)			One stop						N/A												1.00%			PIK												11/2027						1,834						1,834						—						1,677
			Specialty Retail
			Chestnut Optical Midco, Inc.+			One stop						SF +			1.00%			(j)						4.67%															06/2029						45,063						41,920						1.0						40,558
			Chestnut Optical Midco, Inc.+(5)			One stop																		N/A(6)															06/2029						—						—						—						(282)
			Chestnut Optical Midco, Inc.+			One stop						SF +			1.00%			(j)						4.67%															06/2029						4,695						4,695						0.1						3,192
																																													49,758						46,615						1.1						43,468
			Total non-controlled/affiliate company debt investments																																										190,536						172,176						3.7						143,871

See Notes to Consolidated Financial Statements.

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Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Equity investments(22)(23)
			Beverages
			Abita Brewing Co., L.L.C.+			Warrant						N/A												N/A															02/2021						N/A						210						$	—					—			%			$	—
			Healthcare Equipment & Supplies
			G & H Wire Company, Inc.+			Common stock						N/A												N/A															11/2024						N/A						159						3,810						0.1						2,067
			Healthcare Providers & Services
			Bayside Opco, LLC+			LLC interest						N/A												N/A															05/2023						N/A						6						2,592						0.3						11,777
			Elite Dental Partners LLC			Preferred stock						N/A												N/A															09/2020						N/A						—						2,902						—						—
			Elite Dental Partners LLC			LLC interest						N/A												N/A															09/2020						N/A						—						1,250						—						—
			Elite Dental Partners LLC			LLC interest						N/A												N/A															09/2020						N/A						—						—						—						—
			Opening Day Borrower 111 LLC+			Preferred stock						N/A												N/A															09/2024						N/A						181						21,172						0.4						16,240
			Opening Day Borrower 111 LLC+			LLC interest						N/A												N/A															04/2023						N/A						181						7,836						—						—
			SPF Borrower LLC+			LLC interest						N/A												N/A															02/2024						N/A						—						9,347						0.3						11,412
																																																									45,099						1.0						39,429
			Life Sciences Tools & Services
			Reaction Biology Corporation+			Common stock						N/A												N/A															03/2025						N/A						139						4,980						0.1						3,586
			Multiline Retail
			Fleet Farm Group, LLC			Common stock						N/A												N/A															12/2024						N/A						0						23,874						0.6						22,973
			Personal Products
			IMPLUS Footcare, LLC+			Common stock						N/A												N/A															07/2025						N/A						8288						12,388						0.3						13,015
			Software
			Switchfly LLC+			LLC interest						N/A												N/A															09/2018						N/A						98,370						2,321						—						—
			Switchfly LLC+			Preferred stock						N/A												N/A															09/2024						N/A						7,275						5,375						0.1						4,795
			Switchfly LLC+			LLC interest						N/A												N/A															03/2022						N/A						950						950						—						28
																																																									8,646						0.1						4,823
			Specialty Retail
			Chestnut Optical Midco, Inc.+			LLC interest						N/A												N/A															06/2024						N/A						189						53,764						1.5						60,255
			Total non-controlled/affiliate company equity investments																																																						152,561						3.7						146,148
			Total non-controlled/affiliate company investments																																																						324,737						7.4						290,019

See Notes to Consolidated Financial Statements.

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Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

			Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
Controlled affiliate company investments(28)
Debt investments
IT Services
MMan Acquisition Co.+(25)			One stop						N/A												8.00%			PIK																		03/2026						$	2,180					$	2,180					0.1			%			$	2,006
MMan Acquisition Co.+(25)			One stop						N/A												12.00%			PIK																		03/2026						1,246						1,246						—						1,246
MMan Acquisition Co.+(25)			One stop						N/A												12.00%			PIK																		03/2026						1,340						1,340						—						1,340
MMan Acquisition Co.+(25)			One stop						N/A												12.00%			PIK																		03/2026						388						388						—						388
Total controlled affiliate company debt investments																																																5,154						5,154						0.1						4,980
Equity investments(22)(23)
IT Services
MMan Acquisition Co.+			Preferred stock						N/A												N/A															09/2024						N/A						—						7,831						0.1						5,701
Total controlled affiliate equity investments																																																						7,831						0.1						5,701
Total controlled affiliate company investments																																																						12,985						0.2						10,681
Total investments																																																						8,653,728						220.9						8,639,231
Money market funds (included in cash equivalents and restricted cash equivalents)
BlackRock Liquidity Funds T-Fund Institutional Shares (CUSIP 09248U718)																					3.64%			(29)																														$	25,569					0.7			%			$	25,569
Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio Institutional Share Class (CUSIP 61747C582)																					3.64%			(29)																														123						—						123
Allspring Government Money Market Fund Select Share Class (CUSIP 94975H296)																					3.71%			(29)																														173						—						173
Morgan Stanley Institutional Liquidity Funds - Treasury Securities Portfolio Institutional Share Class (CUSIP 61747C525)																					3.62%			(29)																														34,425						0.9						34,425
Total money market funds																																																						60,290						1.6						60,290
Total investments and money market funds																																																						$	8,714,018					222.5			%			$	8,699,521

See Notes to Consolidated Financial Statements.

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Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

*						Denotes that all or a portion of the loan collateralizes the notes offered in the 2024 Debt Securitization (as defined in Note 7).
+						Denotes that all or a portion of the investment collateralizes the JPM Credit Facility (as defined in Note 7).

(1)The majority of the investments bear interest at a rate that is permitted to be determined by reference to the Secured Overnight Financing Rate (“SOFR” or “SF”), Euro Interbank Offered Rate (“EURIBOR” or “E”), Prime (“P”), Sterling Overnight Index Average ("SONIA" or “SN”), Australian Interbank Rate (”AUD” or ”A”) or Canadian Overnight Repo Rate Average (“CORRA” or “CA”) which reset daily, monthly, quarterly, semiannually, or annually. For each, the Company has provided the spread over the applicable index and the weighted average current interest rate in effect as of December 31, 2025. Certain investments are subject to an interest rate floor. For fixed rate loans, a spread above a reference rate is not applicable. For positions with multiple outstanding contracts, the spread for the largest outstanding contract is shown. Listed below are the index rates as of December 31, 2025, which was the last business day of the period on which the applicable index rates were determined. The actual index rate for each loan listed could not be the applicable index rate outstanding as of December 31, 2025, as the loan could have priced or repriced based on an index rate prior to December 31, 2025.

(a) Denotes that all or a portion of the contract was indexed to the Prime rate, which was 6.75% as of December 31, 2025.

(b) Denotes that all or a portion of the contract was indexed to the 30-day EURIBOR, which was 1.94% as of December 31, 2025.

(c) Denotes that all or a portion of the contract was indexed to the 90-day EURIBOR, which was 2.03% as of December 31, 2025.

(d) Denotes that all or a portion of the contract was indexed to the 180-day EURIBOR, which was 2.11% as of December 31, 2025.

(e) Denotes that all or a portion of the contract was indexed to the Three-Month AUD, which was 3.74% as of December 31, 2025.

(f) Denotes that all or a portion of the contract was indexed to the Six-Month AUD, which was 4.12% as of December 31, 2025.

(g) Denotes that all or a portion of the contract was indexed to SONIA, which was 3.73% as of December 31, 2025.

(h) Denotes that all or a portion of the contract was indexed to Daily SOFR, which was 3.87% as of December 31, 2025.

(i) Denotes that all or a portion of the contract was indexed to the 30-day Term SOFR which was 3.69% as of December 31, 2025.

(j) Denotes that all or a portion of the contract was indexed to the 90-day Term SOFR which was 3.65% as of December 31, 2025.

(k) Denotes that all or a portion of the contract was indexed to the 180-day Term SOFR which was 3.57% as of December 31, 2025.

(l) Denotes that all or a portion of the contract was indexed to Daily CORRA, which was 2.30% as of December 31, 2025.

(m) Denotes that all or a portion of the contract was indexed to the 90-day Term CORRA, which was 2.26% as of December 31, 2025.

(2)For positions with multiple interest rate contracts, the interest rate shown is a weighted average current interest rate in effect as of December 31, 2025.

(3)The total principal amount is presented for debt investments while the number of shares or units owned is presented for equity investments.

(4)The fair values of investments were valued using significant unobservable inputs, unless noted otherwise. See Note 6. The fair value of loan investments may include the impact of the unfunded commitment being valued below par.

(5)The negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par. The negative amortized cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan.

(6)The entire commitment was unfunded as of December 31, 2025. As such, no interest is being earned on this investment. The investment could be subject to an unused facility fee.

(7)Investment was on non-accrual status as of December 31, 2025, meaning that the Company has ceased recognizing interest or non-cash dividend income on the investment.

(8)The investment is treated as a non-qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company cannot acquire any non-qualifying asset unless, at the time the acquisition is made, qualifying assets represent at least 70% of the Company's total assets. As of December 31, 2025, total non-qualifying assets at fair value represented 13.4% of the Company's total assets calculated in accordance with the 1940 Act.

(9)Investment is denominated in foreign currency and is translated into U.S. dollars as of the valuation date or the date of the transaction. See Note 2.

(10)The headquarters of this portfolio company is located in the United Kingdom.

(11)The headquarters of this portfolio company is located in Australia.

(12)The headquarters of this portfolio company is located in Canada.

(13)The headquarters of this portfolio company is located in Luxembourg.

(14) The headquarters of this portfolio company is located in Netherlands.

(15)The headquarters of this portfolio company is located in Israel.

(16)The headquarters of this portfolio company is located in Finland.

(17)The headquarters of this portfolio company is located in Sweden.

(18)The headquarters of this portfolio company is located in Denmark.

(19)The headquarters of this portfolio company is located in Germany.

(20)The headquarters of this portfolio company is located in France.

(21)The headquarters of this portfolio company is located in Jersey.

See Notes to Consolidated Financial Statements.

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Consolidated Schedule of Investments (unaudited) - (continued)

December 31, 2025

(Dollar and share amounts in thousands)

(22) Equity investments are non-income producing securities unless otherwise noted.

(23) Ownership of certain equity investments occurs through a holding company or partnership.

(24) The Company holds an equity investment that is income producing.

(25) All or a portion of the loan interest was capitalized into the outstanding principal balance of the loan in accordance with the terms of the credit agreement during the three months ended December 31, 2025.

(26) The fair value of the loan reflects the legal claim on par and accrued uncapitalized payment-in-kind (“PIK”) interest.

(27) As defined in the 1940 Act, the Company is deemed to be an “affiliated person” of the portfolio company as the Company owns five percent or more of the portfolio company's voting securities (“non-controlled affiliate”). Transactions related to investments in non-controlled affiliates for the three months ended December 31, 2025 were as follows:

Portfolio Company						Fair value as of September 30, 2025						Gross additions(a)						Gross reductions(b)						Net change in unrealized appreciation (depreciation)						Net realized gain (loss)						Fair value as of December 31, 2025						Interest, dividend and fee income
Abita Brewing Co. LLC						$	5,216					$	3,344					$	(2,993)					$	(129)					$	—					$	5,438					$	32
Bayside Opco, LLC						33,986						304						(39)						760						—						35,011						816
Benetech, Inc.						2,089						—						(52)						30						—						2,067						—
Chestnut Optical Midco, Inc.						101,952						2,104						—						(333)						—						103,723						863
Elite Dental Partners LLC						10,692						637						—						(681)						—						10,648						80
Fleet Farm Group LLC						33,243						218						—						(2,210)						—						31,251						226
G & H Wire Company, Inc.						6,070						68						(14)						(1,156)						—						4,968						75
IMPLUS Footcare, LLC						23,769						446						—						561						—						24,776						326
Opening Day Borrower 111 LLC						23,236						7,390						(6,033)						(2,320)						—						22,273						129
Reaction Biology Corporation						7,259						296						—						(419)						—						7,136						90
SPF Borrower LLC						37,469						83						(83)						(1,241)						—						36,228						736
Switchfly LLC						8,782						4						—						(2,286)						—						6,500						5
Total Non-Controlled Affiliates						$	293,763					$	14,894					$	(9,214)					$	(9,424)					$	—					$	290,019					$	3,378

(a)						Gross additions could include increases in the cost basis of investments resulting from new investments, amounts related to PIK interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement of an existing portfolio company into this affiliated category from a different category.
(b)						Gross reductions could include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, the amortization of premiums, the reversal of capitalized PIK for non-accrual positions and the exchange of one or more existing securities for one or more new securities.

(28) As defined in the 1940 Act, the Company is deemed to be both an “affiliated person” of and “control” this portfolio company as the Company owns more than 25% of the portfolio company's outstanding voting securities or has the power to exercise control over management or policies of such portfolio company (including through a management agreement) (“controlled affiliate”). Transactions related to investments in controlled affiliates for the three months ended December 31, 2025 were as follows:

Portfolio Company						Fair value as of September 30, 2025						Gross additions(a)						Gross reductions(b)						Net change in unrealized appreciation (depreciation)						Net realized gain (loss)						Fair value as of December 31, 2025						Interest, dividend and fee income
MMan Acquisition Co.						$	11,862					$	133					$	—					$	(1,314)					$	—					$	10,681					$	136
Total Controlled Affiliates						$	11,862					$	133					$	—					$	(1,314)					$	—					$	10,681					$	136

(a)						Gross additions could include increases in the cost basis of investments resulting from new investments, amounts related to PIK interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement of an existing portfolio company into this affiliated category from a different category.
(b)						Gross reductions could include decreases in the cost basis of investments resulting from principal collections related to investment repayments or sales, the amortization of premiums, the reversal of capitalized PIK for non-accrual positions and the exchange of one or more existing securities for one or more new securities.

(29) The rate shown is the annualized seven-day yield as of December 31, 2025.

See Notes to Consolidated Financial Statements.

54

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Investments
			Non-controlled/non-affiliate company investments
			Debt investments
			Aerospace & Defense
			PPW Aero Buyer, Inc.*+			One stop						SF +			5.00%			(i)						9.00%															02/2029						$	34,027					$	33,833					0.9			%			$	33,857
			PPW Aero Buyer, Inc.*			One stop						SF +			5.00%			(i)						9.00%															02/2029						11,801						11,736						0.3						11,742
			PPW Aero Buyer, Inc.+(5)			One stop																		N/A(6)															02/2029						—						(2)						—						(2)
			PPW Aero Buyer, Inc.+(5)			One stop																		N/A(6)															02/2029						—						(2)						—						(1)
			PPW Aero Buyer, Inc.+			One stop						SF +			5.00%			(i)						9.00%															02/2029						6,432						6,404						0.2						6,400
			PPW Aero Buyer, Inc.+			One stop						SF +			5.00%			(i)						9.00%															09/2031						187						186						—						186
			PPW Aero Buyer, Inc.+(5)			One stop																		N/A(6)															09/2031						—						(3)						—						(3)
			Titan BW Borrower L.P.+(26)			One stop						SF +			5.26%			(i)						6.58%			cash/			2.88%			PIK						07/2032						1,599						1,583						—						1,583
			Titan BW Borrower L.P.+(5)			One stop																		N/A(6)															07/2032						—						(3)						—						(3)
			Titan BW Borrower L.P.+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						(1)
																																													54,046						53,731						1.4						53,758
			Air Freight & Logistics
			RJW Group Holdings, Inc.+			One stop						SF +			5.00%			(i)						9.00%															11/2031						46,415						45,573						1.2						45,950
			RJW Group Holdings, Inc.+			One stop						SF +			5.00%			(i)						9.20%															11/2031						2,931						2,871						0.1						2,897
			RJW Group Holdings, Inc.+			One stop						SF +			5.00%			(i)						9.00%															11/2031						1,710						1,693						0.1						1,693
			RJW Group Holdings, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(1)						—						(3)
																																													51,056						50,136						1.4						50,537
			Airlines
			Accelya Lux Finco S.A.R.L.+(8)(22)(26)			One stop						SF +			6.00%			(i)						10.10%			PIK												12/2026						9,085						8,930						0.2						9,085
			Auto Components
			Arnott, LLC+			One stop						SF +			4.75%			(j)						8.62%															11/2030						4,736						4,696						0.1						4,689
			Arnott, LLC+			One stop						SF +			4.75%			(j)						8.74%															11/2030						349						342						—						341
			Collision SP Subco, LLC+			One stop						SF +			4.75%			(i)						9.06%															01/2030						2,200						2,178						0.1						2,200
			Collision SP Subco, LLC+			One stop						SF +			4.75%			(i)(j)						9.00%															01/2030						1,173						1,163						—						1,173
			Collision SP Subco, LLC+			One stop						SF +			4.75%			(i)						8.95%															01/2030						45						42						—						45
			Collision SP Subco, LLC+			One stop						SF +			4.75%			(i)						9.04%															01/2030						245						243						—						245
			Collision SP Subco, LLC+(5)			One stop																		N/A(6)															01/2030						—						(28)						—						—
			Covercraft Parent III, Inc.+			Senior secured						SF +			4.50%			(i)						8.97%															08/2027						6,756						6,706						0.2						5,810
			Covercraft Parent III, Inc.+			Senior secured						SF +			4.50%			(i)						8.96%															08/2027						1,367						1,349						—						1,176
			Covercraft Parent III, Inc.+			Senior secured						SF +			4.50%			(i)						8.78%															08/2027						186						183						—						160
			North Haven Falcon Buyer, LLC+(7)(26)			One stop						SF +			8.00%			(i)						7.20%			cash/			5.00%			PIK						05/2027						9,584						8,302						0.1						4,025
			North Haven Falcon Buyer, LLC+(7)(26)			One stop						SF +			8.00%			(i)						7.18%			cash/			5.00%			PIK						05/2027						1,603						1,394						—						673
			OEConnection, LLC*			One stop						SF +			5.25%			(h)						9.41%															04/2031						10,185						10,147						0.3						10,219
			OEConnection, LLC+			One stop						SF +			5.25%			(h)						9.41%															04/2031						1,777						1,762						0.1						1,784
			OEConnection, LLC+(5)			One stop																		N/A(6)															04/2031						—						(7)						—						3
			OEConnection, LLC+(5)			One stop																		N/A(6)															04/2031						—						(30)						—						23
																																													40,206						38,442						0.9						32,566
			Automobiles
			CAP-KSI Holdings, LLC*+			One stop						SF +			5.25%			(h)(i)						9.32%															06/2030						13,196						13,049						0.3						13,196
			CAP-KSI Holdings, LLC+			One stop						SF +			5.25%			(i)						9.90%															06/2030						396						384						—						396
			CG Group Holdings, LLC*+(26)			One stop						SF +			8.75%			(i)						10.75%			cash/			2.00%			PIK						07/2027						46,395						46,244						1.2						46,395
			CG Group Holdings, LLC+(26)			One stop						SF +			8.75%			(h)						10.91%			cash/			2.00%			PIK						07/2026						804						799						—						804
			Denali Midco 2, LLC*			One stop						SF +			5.25%			(h)						9.41%															12/2028						38,258						38,060						1.0						38,258
			Denali Midco 2, LLC+(26)			Second lien						N/A												13.00%			PIK												12/2029						11,583						11,501						0.3						11,583
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						8,917						9,036						0.2						8,917
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						2,668						2,705						0.1						2,668
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						1,621						1,642						0.1						1,621

See Notes to Consolidated Financial Statements.

55

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						$	1,540					$	1,560					—			%			$	1,540
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						1,344						1,362						—						1,344
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						1,293						1,281						—						1,293
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						1,108						1,106						—						1,108
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						1,075						1,072						—						1,075
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						1,075						1,074						—						1,075
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						887						885						—						887
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						1,210						1,208						—						1,210
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						403						399						—						403
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						348						345						—						348
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						294						292						—						294
			Denali Midco 2, LLC+(5)			One stop																		N/A(6)															12/2028						—						(11)						—						—
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						173						171						—						173
			Denali Midco 2, LLC+			One stop						SF +			5.25%			(h)						9.41%															12/2028						87						85						—						87
			Denali Midco 2, LLC+(5)			One stop																		N/A(6)															12/2028						—						(4)						—						—
			High Bar Brands Operating, LLC+			Senior secured						SF +			5.25%			(i)						9.25%															12/2029						1,422						1,418						—						1,422
			High Bar Brands Operating, LLC+			Senior secured						SF +			5.25%			(i)						9.25%															12/2029						296						295						—						296
			High Bar Brands Operating, LLC+			Senior secured						SF +			5.25%			(i)						9.25%															12/2029						250						248						—						250
			High Bar Brands Operating, LLC+			Senior secured						SF +			5.25%			(i)						9.24%															12/2029						4						3						—						4
			JHCC Holdings LLC*			One stop						SF +			5.25%			(i)						9.25%															09/2027						17,708						17,674						0.5						17,708
			JHCC Holdings LLC*+			One stop						SF +			5.25%			(i)						9.25%															09/2027						6,887						6,877						0.2						6,887
			JHCC Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															09/2027						5,127						5,182						0.1						5,127
			JHCC Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															09/2027						4,901						4,909						0.1						4,901
			JHCC Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															09/2027						2,764						2,779						0.1						2,764
			JHCC Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															09/2027						1,642						1,638						0.1						1,642
			JHCC Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															09/2027						727						724						—						727
			JHCC Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															09/2027						688						687						—						688
			JHCC Holdings LLC+			One stop						P +			4.25%			(a)						11.50%															09/2027						80						80						—						80
			JHCC Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															09/2027						3,975						3,949						0.1						3,975
			MOP GM Holding, LLC*+			One stop						SF +			5.75%			(i)						9.90%															11/2026						32,547						32,513						0.8						31,896
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						10.10%															11/2026						3,826						3,817						0.1						3,749
			MOP GM Holding, LLC*+			One stop						SF +			5.75%			(i)						10.21%															11/2026						3,580						3,569						0.1						3,508
			MOP GM Holding, LLC*+			One stop						SF +			5.75%			(i)						10.21%															11/2026						3,500						3,484						0.1						3,430
			MOP GM Holding, LLC*+			One stop						SF +			5.75%			(i)						9.90%															11/2026						2,593						2,582						0.1						2,541
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						10.21%															11/2026						2,139						2,130						0.1						2,097
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						10.21%															11/2026						1,972						1,960						0.1						1,932
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						9.90%															11/2026						718						715						—						704
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						9.90%															11/2026						528						525						—						517
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						9.95%															11/2026						400						397						—						392
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						10.21%															11/2026						264						263						—						259
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						9.90%															11/2026						201						200						—						197
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						10.21%															11/2026						88						88						—						86
			MOP GM Holding, LLC+			One stop						SF +			5.75%			(i)						9.90%															11/2026						88						88						—						86
			MOP GM Holding, LLC+(5)			One stop																		N/A(6)															11/2026						—						(18)						—						—
			National Express Wash Parent Holdco, LLC+			One stop						SF +			5.00%			(i)						9.00%															07/2029						13,281						13,237						0.3						13,281
			National Express Wash Parent Holdco, LLC+			One stop						SF +			5.00%			(j)						9.24%															07/2029						1,447						1,427						—						1,447
			National Express Wash Parent Holdco, LLC+			One stop						SF +			5.00%			(i)						9.00%															07/2029						1,280						1,274						—						1,280
			National Express Wash Parent Holdco, LLC+			One stop						SF +			5.00%			(j)						9.03%															07/2029						692						682						—						692
			POY Holdings, LLC*+			One stop						SF +			5.50%			(i)						9.65%															11/2027						28,196						28,385						0.7						27,914
			POY Holdings, LLC*+			One stop						SF +			5.50%			(i)						9.65%															11/2027						3,666						3,708						0.1						3,629
			POY Holdings, LLC*+			One stop						SF +			5.50%			(i)						9.65%															11/2027						1,297						1,297						—						1,284
			POY Holdings, LLC+			One stop						SF +			5.50%			(i)						9.65%															11/2027						864						864						—						856

See Notes to Consolidated Financial Statements.

56

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			POY Holdings, LLC+			One stop						SF +			5.50%			(i)						9.65%															11/2027						$	645					$	645					—			%			$	639
			POY Holdings, LLC+			One stop						SF +			5.50%			(i)						9.65%															11/2027						288						288						—						285
			POY Holdings, LLC+			One stop						SF +			5.50%			(i)						9.64%															11/2027						234						233						—						229
			POY Holdings, LLC+(5)			One stop																		N/A(6)															11/2027						—						(11)						—						—
			POY Holdings, LLC*			One stop						SF +			5.50%			(i)						9.64%															11/2027						2,261						2,254						0.1						2,239
			Quick Quack Car Wash Holdings, LLC+			One stop						SF +			4.75%			(h)						8.91%															06/2031						4,808						4,775						0.1						4,808
			Quick Quack Car Wash Holdings, LLC+			One stop						SF +			4.75%			(h)						8.91%															06/2031						270						267						—						270
			Quick Quack Car Wash Holdings, LLC+(5)			One stop																		N/A(6)															06/2031						—						(3)						—						—
			Quick Quack Car Wash Holdings, LLC+			One stop						SF +			4.75%			(h)						8.91%															06/2031						160						157						—						160
			Quick Quack Car Wash Holdings, LLC+			One stop						SF +			4.75%			(h)						8.91%															06/2031						20						20						—						20
			TWAS Holdings, LLC*+			One stop						SF +			6.00%			(h)						10.26%															12/2026						46,323						46,084						1.2						46,323
			TWAS Holdings, LLC*+			One stop						SF +			6.00%			(h)						10.26%															12/2026						41,374						41,343						1.0						41,374
			TWAS Holdings, LLC*+			One stop						SF +			6.00%			(h)						10.26%															12/2026						10,741						10,723						0.3						10,741
			TWAS Holdings, LLC+			One stop						SF +			6.00%			(h)						10.26%															12/2026						8,203						8,206						0.2						8,203
			TWAS Holdings, LLC+			One stop						SF +			6.00%			(h)						10.26%															12/2026						5,210						5,212						0.1						5,210
			TWAS Holdings, LLC+(5)			One stop																		N/A(6)															12/2026						—						(5)						—						—
			Yorkshire Parent, Inc.+			One stop						SF +			5.00%			(i)						9.31%															12/2029						2,227						2,218						0.1						2,227
			Yorkshire Parent, Inc.+			One stop						SF +			5.00%			(i)						9.31%															12/2029						71						47						—						71
			Yorkshire Parent, Inc.+			One stop						SF +			5.50%			(i)						9.50%															12/2029						2,203						2,227						0.1						2,203
			Yorkshire Parent, Inc.+			One stop						SF +			5.50%			(i)						9.79%															12/2029						610						608						—						610
			Yorkshire Parent, Inc.+			One stop						SF +			5.50%			(i)						9.50%															12/2029						62						61						—						62
																																													410,023						409,244						10.1						408,597
			Banks
			Empyrean Solutions, LLC+			One stop						SF +			4.50%			(i)						8.50%															11/2031						9,283						9,242						0.2						9,283
			Empyrean Solutions, LLC+(5)			One stop																		N/A(6)															11/2031						—						(6)						—						—
			Empyrean Solutions, LLC+(5)			One stop																		N/A(6)															11/2031						—						(16)						—						—
			OSP Hamilton Purchaser, LLC+			One stop						SF +			5.00%			(i)						9.31%															12/2029						1,727						1,747						0.1						1,727
			OSP Hamilton Purchaser, LLC+			One stop						SF +			5.00%			(i)						9.32%															12/2029						1,652						1,647						—						1,652
			OSP Hamilton Purchaser, LLC+			One stop						SF +			5.00%			(i)						9.31%															12/2029						270						267						—						270
			OSP Hamilton Purchaser, LLC+			One stop						SF +			5.00%			(i)						9.32%															12/2029						19						14						—						19
																																													12,951						12,895						0.3						12,951
			Beverages
			Financial Information Technologies, LLC*+			One stop						SF +			4.75%			(i)						8.75%															06/2030						34,280						34,188						0.9						34,280
			Financial Information Technologies, LLC+			One stop						SF +			4.75%			(i)						8.75%															06/2030						1,687						1,683						0.1						1,687
			Financial Information Technologies, LLC+(5)			One stop																		N/A(6)															06/2030						—						(1)						—						—
			Financial Information Technologies, LLC+			One stop						SF +			4.75%			(i)						8.75%															06/2030						2,199						2,194						0.1						2,199
			Financial Information Technologies, LLC+			One stop																		N/A(6)															06/2030						—						—						—						—
			Spindrift Beverage Co. Inc.+			One stop						SF +			5.00%			(i)						9.29%															02/2032						7,653						7,565						0.2						7,653
			Spindrift Beverage Co. Inc.+(5)			One stop																		N/A(6)															02/2032						—						(17)						—						—
			Spindrift Beverage Co. Inc.+(5)			One stop																		N/A(6)															02/2032						—						(5)						—						—
			Watermill Express, LLC*+			One stop						SF +			4.75%			(i)						8.75%															04/2031						3,047						3,019						0.1						3,047
			Watermill Express, LLC+			One stop						SF +			4.75%			(i)						8.75%															04/2031						294						293						—						294
			Watermill Express, LLC+			One stop						SF +			4.75%			(i)						8.82%															04/2031						149						141						—						149
			Watermill Express, LLC+			One stop						SF +			4.75%			(i)						8.75%															04/2031						735						728						—						735
			Watermill Express, LLC+			One stop						SF +			4.75%			(i)						8.79%															04/2031						369						366						—						369
			Watermill Express, LLC*			One stop						SF +			4.75%			(i)						8.96%															04/2031						2,381						2,360						0.1						2,381
			Watermill Express, LLC+			One stop						SF +			4.75%			(i)						8.75%															04/2031						2,771						2,755						0.1						2,771
			Watermill Express, LLC+(5)			One stop																		N/A(6)															04/2031						—						(11)						—						—
			Winebow Holdings, Inc.*+			One stop						SF +			6.25%			(h)						10.51%															12/2027						9,231						8,961						0.2						8,123
																																													64,796						64,219						1.8						63,688

See Notes to Consolidated Financial Statements.

57

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Building Products
			BECO Holding Company, Inc.*+			One stop						SF +			5.25%			(i)						9.40%															11/2028						$	40,578					$	41,055					1.0			%			$	40,578
			BECO Holding Company, Inc.+(5)			One stop																		N/A(6)															11/2027						—						(2)						—						—
			BECO Holding Company, Inc.+			One stop						SF +			5.25%			(i)						9.40%															11/2028						210						209						—						210
			BECO Holding Company, Inc.+(5)			One stop																		N/A(6)															11/2028						—						(4)						—						—
																																													40,788						41,258						1.0						40,788
			Capital Markets
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(i)						8.75%															01/2031						2,514						2,528						0.1						2,514
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(i)						8.75%															01/2031						9,925						9,856						0.3						9,925
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(i)						8.75%															01/2031						68						67						—						68
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(i)						8.75%															01/2031						846						838						—						846
			BlueMatrix Holdings, LLC+			One stop						SF +			4.75%			(i)						8.75%															01/2031						762						760						—						762
																																													14,115						14,049						0.4						14,115
			Chemicals
			AP Adhesives Holdings, LLC+(5)			One stop																		N/A(6)															04/2032						—						(9)						—						—
			AP Adhesives Holdings, LLC+(5)			One stop																		N/A(6)															04/2031						—						(4)						—						—
			AP Adhesives Holdings, LLC+			One stop						SF +			4.75%			(i)						8.80%															04/2032						5,800						5,773						0.2						5,800
			Inhance Parent, Inc.+			One stop																		N/A(6)															06/2029						—						—						—						—
			Inhance Parent, Inc.+(26)			One stop						SF +			7.00%			(i)						6.65%			cash/			4.50%			PIK						06/2029						24,569						21,606						0.6						22,112
			Inhance Parent, Inc.+(7)(26)			One stop						N/A												20.00%			PIK												06/2029						10,562						4,446						0.1						4,964
			JSG II, Inc. and Checkers USA, Inc.+			One stop						SF +			4.50%			(h)						8.66%															09/2032						1,433						1,426						—						1,426
			JSG II, Inc. and Checkers USA, Inc.+			One stop						SF +			4.50%			(h)						8.66%															09/2032						14						13						—						13
			JSG II, Inc. and Checkers USA, Inc.+(5)			One stop																		N/A(6)															09/2032						—						(1)						—						(2)
			Krayden Holdings, Inc.*			Senior secured						SF +			4.75%			(h)						8.91%															03/2029						9,741						9,667						0.3						9,741
			Krayden Holdings, Inc.+			Senior secured						SF +			4.75%			(h)						8.90%															03/2029						645						619						—						645
			Krayden Holdings, Inc.+			Senior secured						SF +			4.75%			(h)						8.91%															03/2029						3,035						2,984						0.1						3,035
			PHM NL SP Bidco B.V.+(8)(9)(10)(26)			One stop						E +			6.75%			(d)						5.87%			cash/			3.00%			PIK						09/2028						55,652						51,989						1.3						52,870
			PHM NL SP Bidco B.V.+(8)(10)(26)			One stop						SF +			6.75%			(g)						8.12%			cash/			3.00%			PIK						09/2028						20,606						19,871						0.5						19,576
			PHM NL SP Bidco B.V.+(8)(9)(10)(26)			One stop						SN +			6.75%			(f)						7.72%			cash/			3.00%			PIK						09/2028						11,908						11,212						0.3						11,312
			PHM NL SP Bidco B.V.+(8)(9)(10)(26)			One stop						E +			6.75%			(d)						5.80%			cash/			3.00%			PIK						09/2028						5,793						5,340						0.1						5,503
																																													149,758						134,932						3.5						136,995
			Commercial Services & Supplies
			BradyIFS Holdings, LLC+			One stop						SF +			5.00%			(i)						9.31%															10/2029						5,170						5,228						0.1						5,170
			BradyIFS Holdings, LLC+			One stop						SF +			5.00%			(i)						9.25%															10/2029						50						49						—						50
			CI (Quercus) Intermediate Holdings, LLC*+			One stop						SF +			5.00%			(i)						9.02%															06/2031						32,031						31,732						0.8						32,031
			CI (Quercus) Intermediate Holdings, LLC+			One stop						SF +			5.00%			(i)						9.00%															06/2031						31						15						—						31
			CI (Quercus) Intermediate Holdings, LLC+			One stop						SF +			5.00%			(i)						9.00%															06/2031						66						39						—						66
			CI (Quercus) Intermediate Holdings, LLC+(5)			One stop																		N/A(6)															06/2031						—						(5)						—						—
			CHA Vision Holdings, Inc.+			One stop						SF +			5.00%			(i)						9.33%															01/2031						1,059						1,055						—						1,053
			CHA Vision Holdings, Inc.+			One stop						SF +			5.00%			(i)						9.22%															01/2031						344						343						—						343
			CHA Vision Holdings, Inc.+			One stop																		N/A(6)															01/2030						—						—						—						—
			CHA Vision Holdings, Inc.+			One stop						SF +			5.00%			(i)						9.00%															01/2031						305						304						—						304
			CHA Vision Holdings, Inc.+(5)			One stop																		N/A(6)															01/2031						—						(3)						—						(3)
			Kleinfelder Intermediate, LLC+			One stop						SF +			5.00%			(i)						9.31%															09/2030						4,047						3,962						0.1						4,047
			Kleinfelder Intermediate, LLC+			One stop						P +			4.00%			(a)						11.25%															09/2028						93						87						—						93
			Kleinfelder Intermediate, LLC+			One stop						SF +			5.00%			(i)						9.31%															09/2030						439						434						—						439
			North Haven Stack Buyer, LLC+(26)			Second lien						N/A												10.00%			cash/			2.50%			PIK						01/2028						1,539						1,530						—						1,542
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						157						156						—						157
			North Haven Stack Buyer, LLC*+			One stop						SF +			4.75%			(i)						8.95%															07/2027						1,548						1,536						—						1,548
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						1,364						1,357						—						1,364
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						281						280						—						281
			North Haven Stack Buyer, LLC+(5)			Second lien																		N/A(6)															01/2028						—						(9)						—						—
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						12,160						12,136						0.3						12,160

See Notes to Consolidated Financial Statements.

58

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			North Haven Stack Buyer, LLC+(26)			Second lien						N/A												10.00%			cash/			2.50%			PIK						01/2028						$	2,336					$	2,322					0.1			%			$	2,342
			North Haven Stack Buyer, LLC*+			One stop						SF +			4.75%			(i)						8.95%															07/2027						1,466						1,458						—						1,466
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						1,404						1,397						—						1,404
			North Haven Stack Buyer, LLC*			One stop						SF +			4.75%			(i)						8.95%															07/2027						4,097						4,083						0.1						4,097
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						1,357						1,353						—						1,357
			North Haven Stack Buyer, LLC*			One stop						SF +			4.75%			(i)						8.95%															07/2027						1,352						1,347						—						1,352
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						199						198						—						199
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						99						99						—						99
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						9.11%															07/2027						819						813						—						819
			North Haven Stack Buyer, LLC*+			One stop						SF +			4.75%			(i)						8.95%															07/2027						2,258						2,248						0.1						2,258
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						479						477						—						479
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						901						896						—						901
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						682						678						—						682
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						757						753						—						757
			North Haven Stack Buyer, LLC+(26)			Second lien						N/A												9.75%			cash/			2.50%			PIK						01/2028						23						23						—						23
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						331						329						—						331
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						1,334						1,327						—						1,334
			North Haven Stack Buyer, LLC+(26)			Second lien						N/A												9.75%			cash/			2.50%			PIK						01/2028						389						387						—						389
			North Haven Stack Buyer, LLC+(5)			One stop																		N/A(6)															07/2027						—						(1)						—						—
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						1,078						1,075						—						1,078
			North Haven Stack Buyer, LLC+(26)			Second lien						N/A												9.75%			cash/			2.50%			PIK						01/2028						926						922						—						926
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						102						102						—						102
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.96%															07/2027						205						205						—						205
			North Haven Stack Buyer, LLC+			One stop						SF +			4.75%			(i)						8.95%															07/2027						80						80						—						80
			Profile Products LLC+			One stop						SF +			5.50%			(i)						9.92%															11/2027						8,959						8,907						0.2						8,959
			Profile Products LLC+			One stop						SF +			5.50%			(i)						9.92%															11/2027						1,816						1,800						0.1						1,816
			Profile Products LLC+			One stop						P +			4.50%			(a)						11.75%															11/2027						72						72						—						72
			Profile Products LLC+			One stop						P +			4.50%			(a)						11.75%															11/2027						4						4						—						4
			PSC Parent, Inc.*+			One stop						SF +			5.00%			(h)						9.15%															04/2031						5,451						5,441						0.1						5,451
			PSC Parent, Inc.+			One stop						SF +			5.00%			(h)						9.16%															04/2030						231						226						—						231
			PSC Parent, Inc.+			One stop						SF +			5.00%			(h)						9.17%															04/2031						604						599						—						604
			PSC Parent, Inc.+			One stop						SF +			5.00%			(h)						9.16%															04/2031						909						904						—						909
			PT Intermediate Holdings III, LLC+(26)			One stop						SF +			5.00%			(i)						7.25%			cash/			1.75%			PIK						04/2030						21,326						21,311						0.5						21,326
			PT Intermediate Holdings III, LLC+(5)			One stop																		N/A(6)															04/2030						—						(4)						—						—
			Radwell Parent, LLC*+			One stop						SF +			5.50%			(i)						9.50%															03/2029						33,940						33,692						0.9						33,940
			Radwell Parent, LLC*+			One stop						SF +			5.50%			(i)						9.50%															03/2029						32,623						32,663						0.8						32,623
			Radwell Parent, LLC+			One stop						SF +			5.50%			(i)						9.50%															03/2029						330						295						—						330
			Trinity Air Consultants Holdings Corporation+			One stop						SF +			4.25%			(j)						8.48%															06/2029						2,625						2,611						0.1						2,625
			Trinity Air Consultants Holdings Corporation+			One stop						SF +			4.25%			(j)						8.43%															06/2029						528						528						—						528
			Trinity Air Consultants Holdings Corporation+			One stop																		N/A(6)															06/2029						—						—						—						—
			Trinity Air Consultants Holdings Corporation+			One stop						SF +			4.25%			(j)						8.43%															06/2029						492						492						—						492
			Trinity Air Consultants Holdings Corporation+			One stop						SF +			4.25%			(j)						8.43%															06/2029						248						247						—						248
			WRE Holding Corp.*			One stop						SF +			5.00%			(j)						8.87%															07/2031						16,349						16,213						0.4						16,349
			WRE Holding Corp.+			One stop						SF +			5.00%			(j)						9.17%															07/2031						294						293						—						294
			WRE Holding Corp.+(5)			One stop																		N/A(6)															07/2030						—						(19)						—						—
			WRE Holding Corp.*			One stop						SF +			5.00%			(j)						9.14%															07/2031						1,795						1,787						0.1						1,795
			WRE Holding Corp.*			One stop						SF +			5.00%			(j)						9.13%															07/2031						1,081						1,077						—						1,081
			WRE Holding Corp.+			One stop						SF +			5.00%			(j)						9.12%															07/2031						841						838						—						841
			WRE Holding Corp.+			One stop						SF +			5.00%			(i)						9.30%															07/2031						301						300						—						301
			WRE Holding Corp.+			One stop						SF +			5.00%			(i)						9.23%															07/2031						187						186						—						187
																																													214,364						213,260						4.8						214,362

See Notes to Consolidated Financial Statements.

59

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Communications Equipment
			Lightning Finco Limited+(8)(15)			One stop						SF +			5.50%			(g)						10.05%															09/2028						$	14,802					$	14,782					0.4			%			$	14,802
			Lightning Finco Limited+(8)(9)(15)			One stop						E +			5.50%			(d)						7.54%															09/2028						1,783						1,747						0.1						1,783
																																													16,585						16,529						0.5						16,585
			Construction & Engineering
			Consor Intermediate II, LLC*+			One stop						SF +			4.75%			(h)(i)						8.75%															05/2031						5,512						5,515						0.1						5,512
			Consor Intermediate II, LLC+(5)			One stop																		N/A(6)															05/2031						—						(8)						—						—
			Consor Intermediate II, LLC+(5)			One stop																		N/A(6)															05/2031						—						(2)						—						—
			DCCM, LLC+			One stop						SF +			4.75%			(h)						8.91%															06/2032						593						590						—						593
			DCCM, LLC+(5)			One stop																		N/A(6)															06/2032						—						(1)						—						—
			DCCM, LLC+(5)			One stop																		N/A(6)															06/2032						—						(1)						—						—
			Royal Holdco Corporation+			One stop						SF +			4.50%			(i)						8.62%															12/2030						5,981						5,927						0.2						5,981
			Royal Holdco Corporation+			One stop						SF +			4.50%			(i)						8.50%															12/2030						212						207						—						212
			Royal Holdco Corporation+			One stop						SF +			4.50%			(i)						8.67%															12/2030						430						421						—						430
																																													12,728						12,648						0.3						12,728
			Containers & Packaging
			Chase Intermediate*+			One stop						SF +			4.75%			(i)						9.06%															10/2028						48,826						49,371						1.2						48,826
			Chase Intermediate+			One stop						SF +			4.75%			(h)(i)						8.97%															10/2028						200						198						—						200
			Chase Intermediate+			One stop						SF +			4.75%			(i)						9.06%															10/2028						2,284						2,280						0.1						2,284
			Chase Intermediate+			One stop						SF +			4.75%			(i)						9.06%															10/2028						598						560						—						598
			Fortis Solutions Group, LLC*+			One stop						SF +			5.50%			(i)						9.60%															10/2028						51,594						51,285						1.3						51,594
			Fortis Solutions Group, LLC+			One stop						SF +			5.50%			(i)						9.60%															10/2028						1,695						1,680						0.1						1,695
			Fortis Solutions Group, LLC+			One stop						SF +			5.50%			(i)						9.60%															10/2028						140						91						—						140
			Fortis Solutions Group, LLC+			One stop						SF +			5.50%			(i)						9.60%															10/2027						152						144						—						152
			Packaging Coordinators Midco, Inc.+			One stop						SF +			4.75%			(i)						9.06%															07/2032						5,258						5,247						0.1						5,258
			Packaging Coordinators Midco, Inc.+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						—
			Packaging Coordinators Midco, Inc.+			One stop																		N/A(6)															07/2032						—						—						—						—
			Packaging Coordinators Midco, Inc.+			One stop																		N/A(6)															07/2032						—						—						—						—
			Packaging Coordinators Midco, Inc.+			One stop																		N/A(6)															07/2032						—						—						—						—
			Packaging Coordinators Midco, Inc.+			One stop																		N/A(6)															07/2032						—						—						—						—
			Packaging Coordinators Midco, Inc.+			One stop																		N/A(6)															07/2032						—						—						—						—
			Packaging Coordinators Midco, Inc.+			One stop																		N/A(6)															07/2032						—						—						—						—
																																													110,747						110,855						2.8						110,747
			Diversified Consumer Services
			ABC Legal Holdings, LLC+			One stop						SF +			4.50%			(h)						8.65%															08/2032						1,337						1,330						—						1,323
			ABC Legal Holdings, LLC+(5)			One stop																		N/A(6)															08/2032						—						(1)						—						(3)
			ABC Legal Holdings, LLC+(5)			One stop																		N/A(6)															08/2032						—						(2)						—						(4)
			Any Hour, LLC*			One stop						SF +			5.25%			(i)						9.25%															05/2030						8,975						8,923						0.2						8,616
			Any Hour, LLC+(26)			One stop						N/A												13.00%			PIK												05/2031						3,275						3,230						0.1						3,110
			Any Hour, LLC+			One stop						SF +			5.25%			(i)						9.30%															05/2030						569						558						—						531
			Any Hour, LLC+			One stop						SF +			5.25%			(i)						9.25%															05/2030						254						238						—						148
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(i)						9.17%															10/2030						13,855						13,795						0.4						13,855
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(i)						9.20%															10/2030						4,390						4,451						0.1						4,390
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(i)						9.20%															10/2030						1,045						1,033						—						1,045
			Apex Service Partners, LLC+(5)			One stop																		N/A(6)															10/2029						—						(2)						—						—
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(i)						9.31%															10/2030						2,198						2,178						0.1						2,198
			Apex Service Partners, LLC+			One stop						SF +			5.00%			(i)						9.21%															10/2030						3,682						3,652						0.1						3,682
			Certus Pest, Inc.*			One stop						SF +			5.25%			(i)						9.40%															08/2027						1,730						1,721						0.1						1,730
			Certus Pest, Inc.*			One stop						SF +			5.25%			(i)						9.40%															08/2027						1,659						1,649						0.1						1,659
			Certus Pest, Inc.*+			One stop						SF +			5.25%			(i)						9.40%															08/2027						1,197						1,194						—						1,197
			Certus Pest, Inc.*			One stop						SF +			5.25%			(i)						9.40%															08/2027						1,182						1,177						—						1,182
			Certus Pest, Inc.*+			One stop						SF +			5.25%			(i)						9.40%															08/2027						820						816						—						820
			Certus Pest, Inc.*			One stop						SF +			5.25%			(i)						9.40%															08/2027						723						717						—						723

See Notes to Consolidated Financial Statements.

60

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Certus Pest, Inc.+			One stop						SF +			5.25%			(i)						9.40%															08/2027						$	704					$	702					—			%			$	704
			Certus Pest, Inc.*+			One stop						SF +			5.25%			(i)						9.40%															08/2027						416						414						—						416
			Certus Pest, Inc.+			One stop						SF +			5.25%			(i)						9.40%															08/2027						394						393						—						394
			Certus Pest, Inc.+			One stop						SF +			5.25%			(i)						9.40%															08/2027						260						258						—						260
			Certus Pest, Inc.+			One stop						SF +			5.25%			(i)						9.40%															08/2027						142						139						—						142
			Certus Pest, Inc.+			One stop						SF +			5.25%			(i)						9.40%															08/2027						60						59						—						60
			Certus Pest, Inc.+			One stop																		N/A(6)															08/2027						—						—						—						—
			Certus Pest, Inc.+(5)			One stop																		N/A(6)															08/2027						—						(23)						—						—
			Certus Pest, Inc.+			One stop						SF +			5.25%			(i)						9.40%															08/2027						2,336						2,328						0.1						2,336
			Certus Pest, Inc.+			One stop						SF +			5.25%			(i)						9.40%															08/2027						1,456						1,451						—						1,456
			Certus Pest, Inc.+			One stop						SF +			5.25%			(i)						9.40%															08/2027						698						695						—						698
			Certus Pest, Inc.+			One stop						SF +			5.25%			(i)						9.40%															08/2027						698						695						—						698
			CHHJ Midco, LLC*+			Senior secured						SF +			5.00%			(i)						9.15%															01/2028						3,693						3,682						0.1						3,693
			CHHJ Midco, LLC+			Senior secured																		N/A(6)															01/2028						—						—						—						—
			CHVAC Services Investment, LLC*+			One stop						SF +			4.50%			(i)						8.50%															05/2030						6,367						6,288						0.2						6,367
			CHVAC Services Investment, LLC*+			One stop						SF +			4.50%			(i)						8.50%															05/2030						1,656						1,639						0.1						1,656
			CHVAC Services Investment, LLC+(5)			One stop																		N/A(6)															05/2030						—						(3)						—						—
			CHVAC Services Investment, LLC+			One stop						SF +			4.50%			(i)						8.50%															05/2030						61						22						—						61
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(i)						9.54%															07/2027						5,490						5,448						0.1						5,490
			COP Hometown Acquisitions, Inc.*+			Senior secured						SF +			5.25%			(i)						9.54%															07/2027						2,376						2,368						0.1						2,376
			COP Hometown Acquisitions, Inc.*+			Senior secured						SF +			5.25%			(i)						9.54%															07/2027						2,314						2,304						0.1						2,314
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(i)						9.54%															07/2027						1,517						1,510						—						1,517
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(i)						9.47%															07/2027						1,370						1,368						—						1,370
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(i)						9.54%															07/2027						1,142						1,137						—						1,142
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(i)						9.55%															07/2027						1,072						1,067						—						1,072
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(i)						9.44%															07/2027						1,037						1,036						—						1,037
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(i)						9.42%															07/2027						913						912						—						913
			COP Hometown Acquisitions, Inc.+			Senior secured						SF +			5.25%			(i)						9.56%															07/2027						688						686						—						688
			COP Hometown Acquisitions, Inc.+(5)			Senior secured																		N/A(6)															07/2027						—						(1)						—						—
			EMS LINQ, LLC+			One stop						SF +			6.25%			(i)						10.55%															12/2027						13,835						13,858						0.4						13,697
			EMS LINQ, LLC+			One stop						SF +			6.25%			(i)						10.55%															12/2027						76						74						—						72
			Entomo Brands Acquisitions, Inc.+			Senior secured						SF +			5.50%			(i)						9.65%															07/2029						4,344						4,347						0.1						4,344
			Entomo Brands Acquisitions, Inc.+			Senior secured						SF +			5.50%			(i)						9.65%															07/2029						1,263						1,251						—						1,263
			Entomo Brands Acquisitions, Inc.+			Senior secured						SF +			5.50%			(i)						9.65%															07/2029						14						14						—						14
			EWC Growth Partners LLC+			One stop						SF +			6.00%			(i)						10.15%															03/2026						1,074						1,074						—						946
			EWC Growth Partners LLC+			One stop						SF +			6.00%			(i)						10.15%															03/2026						916						915						—						806
			EWC Growth Partners LLC+			One stop						SF +			6.00%			(i)						10.15%															03/2026						101						101						—						90
			EWC Growth Partners LLC+			One stop						SF +			6.00%			(i)						10.15%															03/2026						38						38						—						32
			FPG Intermediate Holdco, LLC+			One stop						SF +			5.00%			(i)						9.21%															06/2029						1,060						1,060						—						1,060
			FPG Intermediate Holdco, LLC+(26)			One stop						SF +			5.00%			(i)						9.32%			PIK												06/2029						920						920						—						920
			FPG Intermediate Holdco, LLC+(26)			One stop						SF +			6.75%			(i)						11.05%			PIK												06/2029						130						129						—						130
			FPG Intermediate Holdco, LLC+(26)			Senior secured						SF +			5.00%			(i)						9.32%			PIK												06/2029						4,741						4,470						0.1						4,362
			FPG Intermediate Holdco, LLC+(7)(26)			One stop						SF +			5.00%			(i)						9.32%			PIK												06/2029						1,896						1,630						0.1						1,630
			FSS Buyer LLC*+			One stop						SF +			4.50%			(h)						8.66%															08/2031						6,880						6,842						0.2						6,880
			FSS Buyer LLC+			One stop																		N/A(6)															08/2030						—						—						—						—
			HS Spa Holdings, Inc.+			One stop						SF +			5.25%			(i)						9.45%															06/2029						11,432						11,417						0.3						11,432
			HS Spa Holdings, Inc.+			One stop						SF +			5.25%			(i)						9.56%															06/2029						685						684						—						685
			HS Spa Holdings, Inc.+			One stop						P +			4.25%			(a)						11.50%															06/2028						44						43						—						44
			Kodiak Buyer, LLC+			One stop						SF +			4.50%			(i)						8.50%															07/2032						614						611						—						611
			Kodiak Buyer, LLC+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						(1)
			Kodiak Buyer, LLC+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						(1)
			Liminex, Inc.+			One stop						SF +			6.25%			(i)						10.71%															11/2026						35,383						35,364						0.9						35,383
			Liminex, Inc.+			One stop						SF +			6.25%			(i)						10.71%															11/2026						23,340						23,301						0.6						23,340

See Notes to Consolidated Financial Statements.

61

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Liminex, Inc.+			One stop						SF +			6.25%			(i)						10.71%															11/2026						$	20,168					$	20,361					0.5			%			$	20,168
			Liminex, Inc.+			One stop						SF +			6.25%			(i)						10.71%															11/2026						15,833						15,733						0.4						15,833
			Litera Bidco, LLC*			One stop						SF +			5.00%			(h)						9.16%															05/2028						5,149						5,157						0.1						5,149
			Litera Bidco, LLC+			One stop						SF +			5.00%			(h)						9.16%															05/2028						2,055						2,051						0.1						2,055
			Litera Bidco, LLC+			One stop						SF +			5.00%			(h)						9.25%															05/2028						52						51						—						52
			Litera Bidco, LLC+(5)			One stop																		N/A(6)															05/2028						—						(1)						—						—
			Mario Purchaser, LLC*+			One stop						SF +			5.75%			(h)						10.01%															04/2029						11,267						11,226						0.3						10,817
			Mario Purchaser, LLC+			One stop						SF +			5.75%			(h)						10.01%															04/2029						5,188						5,210						0.1						4,981
			Mario Purchaser, LLC+(26)			One stop						SF +			10.75%									15.01%			PIK												04/2032						5,165						5,182						0.1						5,061
			Mario Purchaser, LLC+			One stop						SF +			5.75%			(h)						10.01%															04/2029						452						448						—						433
			Mario Purchaser, LLC+			One stop						SF +			5.75%			(h)						10.01%															04/2028						54						54						—						50
			NSG Buyer, Inc. *+			One stop						SF +			5.00%			(i)						9.00%															11/2029						38,051						37,829						1.0						38,051
			NSG Buyer, Inc. +			One stop						SF +			5.00%			(i)						9.00%															11/2028						145						141						—						145
			NSG Buyer, Inc. +(5)			One stop																		N/A(6)															11/2029						—						(31)						—						—
			PADI Holdco, Inc.*			One stop						SF +			5.00%			(i)						9.35%															01/2029						21,134						20,922						0.5						21,134
			PADI Holdco, Inc.+(9)			One stop						E +			5.00%			(c)						7.03%															01/2029						20,997						20,216						0.5						20,997
			PADI Holdco, Inc.+(9)			One stop						A +			5.50%			(e)						9.10%															01/2029						7,496						7,084						0.2						7,496
			PADI Holdco, Inc.+			One stop						SF +			5.00%			(i)						9.46%															01/2029						814						806						—						814
			PADI Holdco, Inc.+			One stop						SF +			5.00%			(i)						9.42%															01/2029						1,125						1,119						—						1,125
			PADI Holdco, Inc.+			One stop						SF +			5.00%			(i)						9.22%															01/2029						168						167						—						168
			Provenance Buyer LLC*+			One stop						SF +			5.50%			(i)						9.60%															06/2027						20,582						20,469						0.5						20,170
			Provenance Buyer LLC*+			One stop						SF +			5.50%			(i)						9.60%															06/2027						13,867						13,804						0.4						13,590
			Provenance Buyer LLC+			One stop						SF +			5.50%			(i)						9.60%															06/2027						176						172						—						170
			RW AM Holdco LLC+			One stop						SF +			5.25%			(i)						9.35%															04/2028						23,613						23,047						0.5						18,182
			RW AM Holdco LLC+(5)			One stop																		N/A(6)															04/2028						—						(8)						—						(46)
			Salisbury House, LLC+			One stop						SF +			5.00%			(i)						9.16%															08/2032						34						33						—						32
			Salisbury House, LLC+(5)			One stop																		N/A(6)															08/2032						—						(1)						—						(3)
			Salisbury House, LLC+			One stop						SF +			5.00%			(h)						9.16%															08/2032						1,498						1,491						—						1,483
			Severin Acquisition, LLC+(26)			One stop						SF +			5.00%			(h)						6.91%			cash/			2.25%			PIK						10/2031						35,734						35,435						0.9						35,377
			Severin Acquisition, LLC+(5)			One stop																		N/A(6)															10/2031						—						(38)						—						(44)
			Severin Acquisition, LLC+(26)			One stop						SF +			5.00%			(h)						6.91%			cash/			2.25%			PIK						10/2031						1,249						1,218						—						1,175
			Stellar Brands, LLC+			Senior secured						SF +			4.50%			(i)						8.50%															02/2031						7,151						7,103						0.2						7,151
			Stellar Brands, LLC+(5)			Senior secured																		N/A(6)															02/2031						—						(4)						—						—
			Virginia Green Acquisition, LLC*+			One stop						SF +			5.25%			(j)						9.41%															12/2030						3,165						3,198						0.1						3,165
			Virginia Green Acquisition, LLC+			One stop																		N/A(6)															12/2030						—						—						—						—
			Virginia Green Acquisition, LLC+			One stop																		N/A(6)															12/2029						—						—						—						—
																																													454,919						451,016						11.1						445,732
			Diversified Financial Services
			Baker Tilly Advisory Group, LP+			One stop						SF +			4.75%			(h)						8.91%															06/2031						3,763						3,721						0.1						3,772
			Baker Tilly Advisory Group, LP+(5)			One stop																		N/A(6)															06/2030						—						(11)						—						—
			Baker Tilly Advisory Group, LP+			One stop						SF +			4.50%			(h)						8.66%															06/2031						5,031						5,007						0.1						5,031
			Baker Tilly Advisory Group, LP+(5)			One stop																		N/A(6)															06/2031						—						(8)						—						—
			Banker's Toolbox, Inc.*+			One stop						SF +			4.50%			(h)						8.66%															07/2027						20,358						20,327						0.5						20,205
			Banker's Toolbox, Inc.+(5)			One stop																		N/A(6)															07/2027						—						—						—						(2)
			Ceres Groupe SAS & Ceres PikCo+(8)(9)(20)			One stop						E +			4.50%			(d)						6.58%															07/2031						17,481						15,981						0.4						17,481
			Ceres Groupe SAS & Ceres PikCo+(8)(9)(20)(26)			Subordinated debt						E +			7.50%			(d)						9.58%			PIK												07/2032						2,276						2,085						0.1						2,276
			Ceres Groupe SAS & Ceres PikCo+(8)(9)(20)			One stop						E +			4.50%			(d)						6.76%															07/2031						2,476						2,219						0.1						2,476
			Ceres Groupe SAS & Ceres PikCo+(8)(9)(20)			One stop																		N/A(6)															07/2031						—						—						—						—
			Corsair Blade IV S.A R.L.+(8)(13)(26)			One stop						SF +			5.75%			(i)						9.75%			cash/			0.25%			PIK						12/2030						3,699						3,699						0.1						3,699
			Corsair Blade IV S.A R.L.+(8)(9)(13)(26)			One stop						SN +			5.75%			(f)						9.47%			cash/			0.25%			PIK						12/2030						1,191						911						—						1,191
			Deerfield Dakota Holding, LLC+(5)			One stop																		N/A(6)															09/2032						—						(2)						—						(2)
			Deerfield Dakota Holding, LLC+(26)			One stop						SF +			5.75%			(i)						7.06%			cash/			2.75%			PIK						09/2032						1,829						1,810						0.1						1,810

See Notes to Consolidated Financial Statements.

62

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Equity Methods, LLC+			One stop						SF +			4.75%			(i)						8.75%															04/2032						$	19,829					$	19,736					0.5			%			$	19,829
			Equity Methods, LLC+(5)			One stop																		N/A(6)															04/2032						—						(17)						—						—
			Equity Methods, LLC+(5)			One stop																		N/A(6)															04/2032						—						(21)						—						—
			Finastra USA, Inc.+(8)(10)			One stop						SF +			7.25%			(i)						11.29%															09/2029						1,490						1,472						—						1,490
			Flash Topco, Inc.+			One stop						SF +			5.75%			(i)						10.16%															10/2028						16,919						16,693						0.4						16,750
			Flash Topco, Inc.+			One stop						SF +			5.75%			(i)						10.06%															10/2028						3,378						3,364						0.1						3,344
			Flash Topco, Inc.+			One stop						SF +			6.50%			(i)						10.80%															10/2028						128						127						—						128
			Higginbotham Insurance Agency, Inc.*+			One stop						SF +			4.50%			(h)						8.67%															11/2028						8,011						8,038						0.2						8,011
			Higginbotham Insurance Agency, Inc.+			One stop						SF +			4.75%			(h)						8.91%															11/2028						720						718						—						720
			Medlar Bidco Limited+(8)(9)(21)			One stop						SN +			5.00%			(f)						8.97%															05/2032						26,485						26,010						0.7						26,485
			Medlar Bidco Limited+(8)(9)(21)			One stop						E +			5.00%			(c)						6.97%															05/2032						32,952						31,540						0.8						32,952
			Medlar Bidco Limited+(5)(8)(9)(21)			One stop																		N/A(6)															05/2032						—						(57)						—						—
			Wealth Enhancement Group, LLC+			One stop						SF +			4.50%			(i)						8.79%															10/2028						3,956						3,952						0.1						3,956
			Wealth Enhancement Group, LLC+			One stop						SF +			4.50%			(i)						8.79%															10/2028						2,853						2,850						0.1						2,853
			Wealth Enhancement Group, LLC+(5)			One stop																		N/A(6)															10/2028						—						(1)						—						—
			Wealth Enhancement Group, LLC+			One stop						SF +			4.50%			(h)(i)						8.78%															10/2028						1,307						1,291						—						1,307
			Wealth Enhancement Group, LLC+(5)			One stop																		N/A(6)															10/2028						—						(2)						—						—
																																													176,132						171,432						4.4						175,762
			Diversified Telecommunication Services
			NTI Connect, LLC*+			Senior secured						SF +			4.75%			(i)						8.90%															07/2027						1,529						1,525						—			%			1,529
			Electric Utilities
			Smart Energy Systems, Inc.+(26)			One stop						SF +			7.50%			(i)						8.04%			cash/			3.75%			PIK						01/2030						6,422						6,299						0.2						6,294
			Smart Energy Systems, Inc.+(26)			One stop						SF +			7.50%									7.88%															01/2030						707						698						—						693
																																													7,129						6,997						0.2						6,987
			Electrical Equipment
			Power Grid Holdings, Inc.+			One stop						SF +			4.75%			(i)						8.75%															12/2030						1,481						1,466						—						1,481
			Power Grid Holdings, Inc.+			One stop						SF +			4.75%			(h)(i)						9.67%															12/2030						17						15						—						17
			Wildcat TopCo, Inc.+			One stop						SF +			4.75%			(h)						8.91%															11/2031						23,302						23,098						0.6						23,302
			Wildcat TopCo, Inc.+			One stop						P +			3.75%			(a)						11.00%															11/2031						112						75						—						112
			Wildcat TopCo, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(18)						—						—
																																													24,912						24,636						0.6						24,912
			Electronic Equipment, Instruments & Components
			CST Holding Company+			One stop						SF +			5.00%			(h)						9.26%															11/2028						33,715						33,006						0.9						33,715
			CST Holding Company+(5)			One stop																		N/A(6)															11/2028						—						(2)						—						—
																																													33,715						33,004						0.9						33,715
			Food & Staples Retailing
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(h)						9.66%															03/2030						991						988						—						991
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(h)						9.66%															03/2030						56						56						—						56
			Mendocino Farms, LLC+			One stop																		N/A(6)															03/2030						—						—						—						—
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(h)						9.66%															03/2030						110						110						—						110
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(h)						9.66%															03/2030						111						111						—						111
			Mendocino Farms, LLC+(5)			One stop																		N/A(6)															03/2030						—						(80)						—						—
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(h)						9.66%															03/2030						56						56						—						56
			Mendocino Farms, LLC+			One stop						SF +			5.50%			(h)						9.66%															03/2030						56						56						—						56
			PDI TA Holdings, Inc.+			One stop						SF +			5.50%			(i)						9.81%															02/2031						11,551						11,498						0.3						11,551
			PDI TA Holdings, Inc.+			One stop						SF +			5.50%			(i)						9.81%															02/2031						35						35						—						35
			Wineshipping.com LLC+(5)			One stop																		N/A(6)															12/2028						—						—						—						(205)
			Wineshipping.com LLC+(26)			One stop						SF +			6.25%			(i)						5.15%			cash/			5.25%			PIK						12/2028						10,615						10,478						0.2						8,492
			Wineshipping.com LLC+(26)			One stop						SF +			6.25%			(i)						5.15%			cash/			5.25%			PIK						12/2028						286						282						—						229
			Wineshipping.com LLC+(26)			One stop						SF +			6.25%			(i)						5.15%			cash/			5.25%			PIK						12/2028						200						194						—						154
																																													24,067						23,784						0.5						21,636

See Notes to Consolidated Financial Statements.

63

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Food Products
			Blast Bidco Inc.+			One stop						SF +			6.00%			(i)						10.00%															10/2030						$	4,855					$	4,804					0.1			%			$	4,855
			Blast Bidco Inc.+(5)			One stop																		N/A(6)															10/2029						—						(5)						—						—
			Borrower R365 Holdings, LLC+			One stop						SF +			6.00%			(i)						10.15%															06/2027						18,823						18,816						0.5						18,823
			Borrower R365 Holdings, LLC+			One stop						SF +			6.00%			(i)						10.15%															06/2027						1,556						1,549						—						1,556
			Borrower R365 Holdings, LLC+			One stop						SF +			6.00%			(i)						10.15%															06/2027						231						231						—						231
			Borrower R365 Holdings, LLC+			One stop																		N/A(6)															06/2027						—						—						—						—
			Eagle Family Foods Group, LLC+			One stop						SF +			5.00%			(i)(j)						9.19%															08/2030						12,878						12,774						0.3						12,878
			Eagle Family Foods Group, LLC+(5)			One stop																		N/A(6)															08/2030						—						(12)						—						—
			Kodiak Cakes, LLC*+			Senior secured						SF +			5.25%			(j)						9.38%															06/2028						45,911						45,609						1.2						45,911
			Kodiak Cakes, LLC+(5)			Senior secured																		N/A(6)															06/2028						—						(3)						—						—
			Louisiana Fish Fry Products, Ltd.*+			One stop						SF +			6.25%			(i)						10.40%															07/2027						13,559						13,530						0.3						13,559
			Louisiana Fish Fry Products, Ltd.+			One stop						SF +			6.25%			(i)						10.52%															07/2027						254						251						—						254
			MAPF Holdings, Inc.+			One stop						SF +			6.50%			(i)						10.50%															12/2026						51,438						51,285						1.3						49,895
			MAPF Holdings, Inc.+			One stop						SF +			6.50%			(i)						10.50%															12/2026						540						533						—						522
			MAPF Holdings, Inc.+			One stop						SF +			6.50%			(i)						10.50%															12/2026						1,649						1,624						—						1,600
			MAPF Holdings, Inc.+(26)			One stop						N/A												19.00%			PIK												12/2026						2,273						2,258						0.1						2,091
			P&P Food Safety Holdings, Inc.*+			One stop						SF +			5.25%			(i)						9.25%															05/2029						13,105						13,193						0.3						13,105
			P&P Food Safety Holdings, Inc.+(5)			One stop																		N/A(6)															05/2029						—						(7)						—						—
			P&P Food Safety Holdings, Inc.+(9)			One stop						E +			5.50%			(c)						7.48%															05/2029						12,104						11,734						0.3						12,104
			P&P Food Safety Holdings, Inc.+(5)			One stop																		N/A(6)															05/2029						—						(28)						—						—
			Sphynx UK Bidco, Ltd.+(8)(9)(10)			One stop						A +			4.75%			(e)						8.35%															08/2032						310						303						—						308
			Sphynx UK Bidco, Ltd.+(8)(9)(10)			One stop						E +			4.75%			(c)						6.82%															08/2032						304						300						—						302
			Sphynx UK Bidco, Ltd.+(8)(9)(10)			One stop						SN +			4.75%			(f)						8.72%															08/2032						1,407						1,393						—						1,398
			Wizard Bidco Limited+(8)(10)			One stop						SF +			6.50%			(i)						10.50%															03/2029						22,740						22,660						0.6						22,740
			Wizard Bidco Limited+(8)(9)(10)(26)			One stop						SN +			5.50%			(f)						7.97%			cash/			1.50%			PIK						03/2029						11,201						10,773						0.3						11,201
			Wizard Bidco Limited+(8)(9)(10)			One stop						SN +			6.50%			(f)						10.47%															03/2029						8,366						7,726						0.2						8,366
			Wizard Bidco Limited+(8)(9)(10)			One stop						SN +			5.25%			(f)						9.22%															09/2028						174						159						—						174
			Zullas, L.C.+			One stop						SF +			4.75%			(h)						8.91%															06/2031						24						23						—						24
			Zullas, L.C.+			One stop						SF +			4.75%			(h)						8.91%															06/2031						439						437						—						439
			Zullas, L.C.+(5)			One stop																		N/A(6)															06/2031						—						(2)						—						—
																																													224,141						221,908						5.5						222,336
			Healthcare Equipment & Supplies
			Aspen Medical Products, LLC*+			One stop						SF +			4.75%			(h)						8.91%															06/2028						7,013						6,981						0.2						7,013
			Aspen Medical Products, LLC+			One stop						SF +			4.75%			(h)						8.91%															06/2028						455						453						—						455
			Aspen Medical Products, LLC+(5)			One stop																		N/A(6)															06/2028						—						(1)						—						—
			Aspen Medical Products, LLC+			One stop						SF +			4.75%			(h)						8.91%															06/2028						890						883						—						890
			Baduhenna Bidco Limited+(8)(10)			One stop						SF +			6.45%			(g)						10.83%															08/2028						7,745						7,748						0.2						7,745
			Baduhenna Bidco Limited+(8)(9)(10)			One stop						E +			6.45%			(c)						8.48%															08/2028						4,863						4,788						0.1						4,863
			Baduhenna Bidco Limited+(8)(10)			One stop						SF +			6.45%			(g)						10.83%															08/2028						1,912						1,912						0.1						1,912
			Baduhenna Bidco Limited+(8)(9)(10)			One stop						SN +			6.45%			(f)						10.54%															08/2028						1,360						1,350						—						1,360
			Baduhenna Bidco Limited+(8)(9)(10)			One stop						E +			6.45%			(c)						8.43%															08/2028						1,160						1,092						—						1,160
			Baduhenna Bidco Limited+(8)(9)(10)			One stop						SN +			6.45%			(f)						10.54%															08/2028						1,205						1,163						—						1,205
			Belmont Instrument, LLC*+			One stop						SF +			5.25%			(i)						9.25%															08/2028						14,356						14,276						0.4						14,356
			Belmont Instrument, LLC+(5)			One stop																		N/A(6)															08/2028						—						(2)						—						—
			Blades Buyer, Inc.*+			Senior secured						SF +			5.00%			(h)						9.38%															03/2028						12,160						12,132						0.3						12,160
			Blades Buyer, Inc.*+			Senior secured						SF +			5.25%			(h)						9.63%															03/2028						1,725						1,715						0.1						1,725
			Blades Buyer, Inc.+			Senior secured						SF +			5.00%			(h)						9.38%															03/2028						1,395						1,389						—						1,395
			Blades Buyer, Inc.+(5)			Senior secured																		N/A(6)															03/2028						—						(1)						—						—
			Blades Buyer, Inc.+			Senior secured						SF +			5.00%			(h)						9.38%															03/2028						6,897						6,876						0.2						6,897
			Blades Buyer, Inc.+			Senior secured						SF +			5.00%			(h)						9.38%															03/2028						1,721						1,714						0.1						1,721
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						12						12						—						12
			Blue River Pet Care, LLC+			One stop																		N/A(6)															08/2029						—						—						—						—

See Notes to Consolidated Financial Statements.

64

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Blue River Pet Care, LLC*+			One stop						SF +			5.75%			(h)						10.01%															08/2029						$	62,286					$	62,149					1.6			%			$	62,286
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						12,335						12,392						0.3						12,335
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						2,876						2,890						0.1						2,876
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						2,764						2,777						0.1						2,764
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						2,737						2,750						0.1						2,737
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						2,104						2,114						0.1						2,104
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						1,246						1,242						—						1,246
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						414						412						—						414
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						510						507						—						510
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						292						291						—						292
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						297						295						—						297
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						256						255						—						256
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						225						225						—						225
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						1						1						—						1
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(h)						10.01%															08/2029						4						4						—						4
			Blue River Pet Care, LLC+			One stop						SF +			5.75%			(i)						9.97%															08/2029						1						1						—						1
			Centegix Intermediate II, LLC+			One stop						SF +			5.50%			(i)						9.69%															08/2032						1,360						1,353						—						1,353
			Centegix Intermediate II, LLC+(5)			One stop																		N/A(6)															08/2032						—						(1)						—						(1)
			Centegix Intermediate II, LLC+(5)			One stop																		N/A(6)															08/2032						—						(2)						—						(2)
			CCSL Holdings, LLC*			One stop						SF +			5.75%			(h)						9.91%															12/2028						20,842						20,806						0.5						20,842
			CCSL Holdings, LLC*+			One stop						SF +			5.75%			(h)						9.91%															12/2028						5,627						5,640						0.1						5,627
			CCSL Holdings, LLC+(9)			One stop						SN +			5.75%			(f)						9.72%															12/2028						3,562						3,328						0.1						3,562
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(h)						9.91%															12/2028						3,462						3,438						0.1						3,462
			CCSL Holdings, LLC*+			One stop						SF +			5.75%			(h)						9.91%															12/2028						2,877						2,856						0.1						2,877
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(h)						9.91%															12/2028						320						319						—						320
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(h)						9.91%															12/2028						975						971						—						975
			CCSL Holdings, LLC+(9)			One stop						E +			5.75%			(b)						7.66%															12/2028						34,411						31,750						0.9						34,411
			CCSL Holdings, LLC+(9)			One stop						E +			5.75%			(b)						7.66%															12/2028						6,741						5,992						0.2						6,741
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(h)						9.91%															12/2028						2,767						2,755						0.1						2,767
			CCSL Holdings, LLC+			One stop						SF +			5.75%			(h)						9.91%															12/2028						2,202						2,192						0.1						2,202
			CMI Parent Inc.*			One stop						SF +			5.00%			(h)						9.16%															12/2026						22,355						22,298						0.6						22,355
			CMI Parent Inc.*+			One stop						SF +			5.00%			(h)						9.16%															12/2026						19,679						19,733						0.5						19,679
			CMI Parent Inc.*+			Senior secured						SF +			5.00%			(h)						9.16%															12/2026						9,435						9,426						0.2						9,435
			CMI Parent Inc.*+			One stop						SF +			5.00%			(h)						9.16%															12/2026						8,852						8,842						0.2						8,852
			CMI Parent Inc.+			One stop																		N/A(6)															12/2026						—						—						—						—
			HuFriedy Group Acquisition, LLC+			One stop						SF +			5.50%			(i)						9.70%															06/2031						7,851						7,788						0.2						7,851
			HuFriedy Group Acquisition, LLC+(5)			One stop																		N/A(6)															05/2030						—						(7)						—						—
			HuFriedy Group Acquisition, LLC+			One stop						SF +			5.50%			(i)						9.51%															06/2031						1,519						1,494						—						1,519
			Isto Group, Inc.+			One stop																		N/A(6)															09/2032						—						—						—						—
			Isto Group, Inc.+			One stop						SF +			4.75%			(i)						8.77%															09/2032						588						585						—						585
			Isto Group, Inc.+(5)			One stop																		N/A(6)															09/2032						—						(2)						—						(2)
			JHC Investment Intermediate Holdings, LLC+(26)			One stop						SF +			8.75%			(i)						7.16%			cash/			6.00%			PIK						03/2029						1,235						1,235						—						1,235
			JHC Investment Intermediate Holdings, LLC+(26)			One stop						SF +			8.75%			(i)						7.16%			cash/			6.00%			PIK						03/2029						922						746						—						922
			RTI Surgical, Inc.+(5)			One stop																		N/A(6)															09/2032						—						(2)						—						(2)
			RTI Surgical, Inc.+			One stop						SF +			4.75%			(i)						8.75%															09/2032						1,667						1,658						—						1,658
			TIDI Legacy Products, Inc.+			One stop						SF +			4.50%			(h)						8.66%															12/2029						3,485						3,538						0.1						3,485
			TIDI Legacy Products, Inc.+			One stop																		N/A(6)															12/2029						—						—						—						—
			TIDI Legacy Products, Inc.+			One stop																		N/A(6)															12/2029						—						—						—						—
			YI, LLC+			One stop						SF +			5.75%			(h)						9.90%															12/2029						4,385						4,384						0.1						4,342
			YI, LLC+(5)			One stop																		N/A(6)															12/2029						—						(1)						—						(2)
																																													320,336						315,897						8.1						320,265

See Notes to Consolidated Financial Statements.

65

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Healthcare Providers & Services
			AAH TOPCO, LLC *+			One stop						SF +			5.25%			(h)						9.51%															12/2027						$	8,582					$	8,547					0.2			%			$	8,604
			AAH TOPCO, LLC +			One stop						SF +			5.25%			(h)						9.51%															12/2027						8,069						8,099						0.2						8,090
			AAH TOPCO, LLC +			One stop						SF +			5.25%			(h)						9.51%															12/2027						3,469						3,483						0.1						3,477
			AAH TOPCO, LLC +(26)			Subordinated debt						N/A												11.50%			PIK												12/2031						3,063						2,963						0.1						3,032
			AAH TOPCO, LLC +(5)			One stop																		N/A(6)															12/2027						—						(1)						—						—
			AAH TOPCO, LLC +			One stop						SF +			5.00%			(h)						9.16%															12/2027						778						742						—						778
			Active Day, Inc.*+			One stop						SF +			5.00%			(h)						9.26%															05/2026						17,209						17,184						0.4						17,209
			Active Day, Inc.+(5)			One stop																		N/A(6)															05/2026						—						(14)						—						—
			Active Day, Inc.+			One stop						SF +			5.00%			(h)						9.26%															05/2026						1,328						1,327						—						1,328
			Active Day, Inc.+			One stop						SF +			5.00%			(h)						9.26%															05/2026						856						855						—						856
			Active Day, Inc.+			One stop						SF +			5.00%			(h)						9.26%															05/2026						682						681						—						682
			Active Day, Inc.+			One stop						SF +			5.00%			(h)						9.26%															05/2026						602						601						—						602
			Active Day, Inc.+			One stop						SF +			5.00%			(h)						9.26%															05/2026						592						591						—						592
			Active Day, Inc.+			One stop																		N/A(6)															05/2026						—						—						—						—
			Active Day, Inc.+			One stop						SF +			5.00%			(h)						N/A															05/2026						—						—						—						—
			Active Day, Inc.+			One stop						SF +			5.00%			(h)						9.26%															05/2026						6,594						6,574						0.2						6,594
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.00%			(i)						10.22%															03/2027						16,012						15,973						0.4						16,052
			Acuity Eyecare Holdings, LLC+(26)			One stop						N/A												16.50%			PIK												06/2027						16,812						16,740						0.4						16,980
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(i)						10.40%															03/2027						3,954						3,945						0.1						3,964
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(i)						10.46%															03/2027						3,522						3,514						0.1						3,531
			Acuity Eyecare Holdings, LLC*+			One stop						SF +			6.25%			(i)						10.40%															03/2027						3,504						3,494						0.1						3,513
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(i)						10.40%															03/2027						3,106						3,098						0.1						3,114
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.00%			(i)						10.37%															03/2027						1,986						1,981						0.1						1,991
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(i)						10.40%															03/2027						1,810						1,805						0.1						1,814
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.00%			(i)						10.34%															03/2027						1,013						1,010						—						1,015
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(i)						10.40%															03/2027						439						437						—						440
			Acuity Eyecare Holdings, LLC+(26)			One stop						SF +			13.00%			(i)						10.40%			cash/			6.75%			PIK						03/2027						294						294						—						307
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.00%			(i)						10.45%															03/2027						210						209						—						210
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(i)						10.40%															03/2027						162						161						—						162
			Acuity Eyecare Holdings, LLC+(26)			One stop						SF +			13.00%			(i)						10.45%			cash/			6.75%			PIK						03/2027						115						115						—						120
			Acuity Eyecare Holdings, LLC+			Senior secured						SF +			6.25%			(i)						10.67%															03/2027						107						106						—						107
			Acuity Eyecare Holdings, LLC+			One stop						SF +			6.25%			(i)						10.40%															03/2027						1						1						—						1
			Acuity Eyecare Holdings, LLC+			One stop																		N/A(6)															03/2027						—						—						—						—
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+(26)			Subordinated debt						N/A												13.75%			PIK												03/2028						18,211						18,347						0.5						18,211
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC*+			One stop						SF +			6.00%			(i)						10.30%															03/2027						6,353						6,359						0.2						6,353
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			One stop						SF +			6.00%			(i)						10.30%															03/2027						5,310						5,310						0.1						5,310
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+(26)			Subordinated debt						N/A												13.75%			PIK												03/2028						3,960						3,945						0.1						3,960
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+(26)			Subordinated debt						N/A												13.75%			PIK												03/2028						1,513						1,507						—						1,513
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			One stop						SF +			6.00%			(i)						10.41%															03/2027						829						828						—						829
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			One stop						SF +			6.00%			(i)						10.40%															03/2027						393						393						—						393
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			One stop																		N/A(6)															03/2027						—						—						—						—
			Bamboo US Bidco LLC*+			One stop						SF +			5.25%			(i)						9.56%															09/2030						2,713						2,664						0.1						2,713
			Bamboo US Bidco LLC+(9)			One stop						E +			5.25%			(c)						7.28%															09/2030						1,981						1,747						0.1						1,981
			Bamboo US Bidco LLC+			One stop						SF +			5.25%			(i)						9.56%															09/2030						415						414						—						415
			Bamboo US Bidco LLC+			One stop						SF +			5.25%			(h)(i)						9.48%															09/2030						1,257						1,252						—						1,257
			Bamboo US Bidco LLC+			One stop																		N/A(6)															09/2030						—						—						—						—
			Bamboo US Bidco LLC+(5)			One stop																		N/A(6)															10/2029						—						(10)						—						—

See Notes to Consolidated Financial Statements.

66

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Bayou Intermediate II, LLC+(5)			One stop																		N/A(6)															09/2032						$	—					$	(1)					—			%			$	(2)
			Bayou Intermediate II, LLC+			One stop						SF +			4.75%			(i)						8.76%															09/2032						1,410						1,403						—						1,396
			Bayou Intermediate II, LLC+(5)			One stop																		N/A(6)															09/2032						—						(2)						—						(4)
			Benefit Plan Administrators of Eau Claire, LLC*			One stop						SF +			5.00%			(i)						9.29%															11/2030						12,973						12,904						0.3						12,973
			Benefit Plan Administrators of Eau Claire, LLC+			One stop						SF +			5.00%			(i)						9.29%															11/2030						9,950						9,894						0.3						9,950
			Benefit Plan Administrators of Eau Claire, LLC+(5)			One stop																		N/A(6)															11/2030						—						(12)						—						—
			Benefit Plan Administrators of Eau Claire, LLC+(5)			One stop																		N/A(6)															11/2030						—						(38)						—						—
			BHG Holdings, LLC+			One stop						SF +			5.25%			(h)						9.41%															04/2032						24,794						24,590						0.6						24,794
			BHG Holdings, LLC+(5)			One stop																		N/A(6)															04/2032						—						(26)						—						—
			BHG Holdings, LLC+(5)			One stop																		N/A(6)															04/2032						—						(58)						—						—
			Community Care Partners, LLC+			One stop						SF +			6.00%			(h)						10.27%															06/2026						3,454						3,411						0.1						3,454
			Datix Bidco Limited and RL Datix Holdings, Inc.+(8)(10)			One stop						SF +			5.00%			(j)						9.29%															04/2031						771						759						—						771
			Datix Bidco Limited and RL Datix Holdings, Inc.+(8)(9)(10)			One stop						SN +			5.00%			(f)						8.97%															04/2031						481						446						—						481
			Datix Bidco Limited and RL Datix Holdings, Inc.+(5)(8)(10)			One stop																		N/A(6)															04/2031						—						(1)						—						—
			Datix Bidco Limited and RL Datix Holdings, Inc.+(5)(8)(10)			One stop																		N/A(6)															10/2030						—						(2)						—						—
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						15,593						15,237						0.4						15,593
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						8,137						7,954						0.2						8,137
			Encorevet Group LLC+			One stop						SF +			6.75%			(h)(i)						11.10%															02/2027						4,209						4,167						0.1						4,209
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						2,140						2,092						0.1						2,140
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						1,889						1,871						0.1						1,889
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						1,176						1,152						—						1,176
			Encorevet Group LLC+			One stop						SF +			6.75%			(h)(i)						11.10%															02/2027						977						945						—						977
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						962						939						—						962
			Encorevet Group LLC+			One stop						SF +			6.75%			(h)(i)						11.10%															02/2027						921						899						—						921
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						834						814						—						834
			Encorevet Group LLC+			One stop						SF +			6.75%			(h)(i)						11.10%															02/2027						423						409						—						423
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						358						349						—						358
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						175						171						—						175
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)						11.10%															02/2027						168						163						—						168
			Encorevet Group LLC+			One stop						SF +			8.75%			(h)(i)						13.09%															02/2027						155						154						—						157
			Encorevet Group LLC+(26)			One stop						N/A												13.00%			PIK												05/2027						109						103						—						106
			Encorevet Group LLC+			One stop						SF +			6.75%			(i)(j)						11.01%															02/2027						94						92						—						94
			ERC Topco Holdings, LLC+(26)			One stop						SF +			6.76%			(i)						10.76%			PIK												03/2030						7,661						7,082						0.2						6,512
			ERC Topco Holdings, LLC+			One stop						SF +			5.50%			(i)						9.78%															03/2030						1,145						1,076						—						1,145
			ERC Topco Holdings, LLC+(26)			One stop						SF +			5.50%			(i)						9.76%															03/2030						76						76						—						76
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.75%			(k)						8.62%															03/2027						10,951						11,344						0.3						10,951
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.75%			(k)						8.62%															03/2027						3,958						4,083						0.1						3,958
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.75%			(k)						8.62%															03/2027						2,696						2,794						0.1						2,696
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.75%			(k)						8.62%															03/2027						2,566						2,654						0.1						2,566
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(12)			One stop						SF +			5.75%			(i)						10.21%															03/2027						1,105						1,105						—						1,105
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(12)			One stop						SF +			5.75%			(i)						10.21%															03/2027						554						554						—						554
			FYI Optical Acquisitions, Inc. & FYI USA, Inc.+(8)(9)(12)			One stop						CA +			5.75%			(k)						8.62%															03/2027						468						474						—						468
			Heartland Veterinary Partners LLC+			Senior secured						SF +			4.75%			(i)						9.23%															06/2028						2,506						2,514						0.1						2,506
			Heartland Veterinary Partners LLC+			Senior secured						SF +			4.75%			(i)						9.11%															06/2028						1,190						1,184						—						1,190
			Heartland Veterinary Partners LLC+			Senior secured																		N/A(6)															06/2028						—						—						—						—
			HP TLE Buyer, Inc.+			One stop						SF +			4.75%			(i)						8.75%															07/2032						1,639						1,631						0.1						1,631

See Notes to Consolidated Financial Statements.

67

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			HP TLE Buyer, Inc.+(5)			One stop																		N/A(6)															07/2032						$	—					$	(2)					—			%			$	(2)
			Klick Inc.*+(8)(12)			Senior secured						SF +			4.50%			(h)						8.66%															03/2028						13,488						13,507						0.3						13,488
			Klick Inc.*(8)(12)			Senior secured						SF +			4.50%			(h)						8.66%															03/2028						3,155						3,144						0.1						3,155
			Klick Inc.+(5)(8)(12)			Senior secured																		N/A(6)															03/2028						—						(1)						—						—
			Krueger-Gilbert Health Physics, LLC*+			Senior secured						SF +			5.25%			(i)						9.25%															11/2026						2,572						2,565						0.1						2,572
			Krueger-Gilbert Health Physics, LLC*+			Senior secured						SF +			5.25%			(i)						9.25%															11/2026						2,362						2,355						0.1						2,362
			Krueger-Gilbert Health Physics, LLC*			Senior secured						SF +			5.25%			(i)						9.25%															11/2026						1,509						1,507						—						1,509
			Krueger-Gilbert Health Physics, LLC*+			Senior secured						SF +			5.25%			(i)						9.25%															11/2026						1,386						1,381						—						1,386
			Krueger-Gilbert Health Physics, LLC+			One stop						SF +			5.25%			(i)						9.25%															11/2026						664						663						—						664
			Krueger-Gilbert Health Physics, LLC+			Senior secured						SF +			5.25%			(i)						9.25%															11/2026						608						607						—						608
			Krueger-Gilbert Health Physics, LLC+			Senior secured						SF +			5.25%			(i)						9.25%															11/2026						90						90						—						90
			Krueger-Gilbert Health Physics, LLC+			Senior secured						SF +			5.25%			(i)						9.27%															11/2026						183						182						—						183
			Krueger-Gilbert Health Physics, LLC+			Senior secured						SF +			5.25%			(i)						9.25%															11/2026						297						297						—						297
			LOV Acquisition LLC+			Senior secured						SF +			4.25%			(h)						8.41%															11/2031						25,123						25,012						0.6						25,123
			LOV Acquisition LLC+(5)			Senior secured																		N/A(6)															11/2031						—						(12)						—						—
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)(26)			One stop						CA +			5.50%			(l)						7.96%			PIK												05/2028						25,477						27,846						0.7						25,477
			New Look Corporation and New Look Vision Group Inc. *+(8)(12)			One stop						SF +			5.50%			(i)						9.50%															05/2028						5,821						5,759						0.2						5,821
			New Look Corporation and New Look Vision Group Inc. *+(8)(12)			One stop						SF +			5.50%			(i)						9.50%															05/2028						4,107						4,041						0.1						4,107
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)			One stop						CA +			5.50%			(l)						7.96%															05/2028						1,578						1,682						0.1						1,578
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)			One stop						CA +			5.50%			(l)						7.96%															05/2028						822						861						—						822
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)			One stop						CA +			5.50%			(l)						7.95%															05/2028						154						142						—						154
			New Look Corporation and New Look Vision Group Inc. +(8)(12)(26)			One stop						SF +			5.50%			(i)						9.50%			PIK												05/2028						130						125						—						130
			New Look Corporation and New Look Vision Group Inc. +(5)(8)(12)			One stop																		N/A(6)															05/2028						—						(2)						—						—
			Pinnacle Treatment Centers, Inc.*			One stop						SF +			5.75%			(i)						9.95%															01/2027						18,134						18,002						0.5						17,952
			Pinnacle Treatment Centers, Inc.*			One stop						SF +			5.75%			(i)						9.95%															01/2027						12,147						12,092						0.3						12,026
			Pinnacle Treatment Centers, Inc.*+			One stop						SF +			5.75%			(i)						9.95%															01/2027						2,442						2,431						0.1						2,418
			Pinnacle Treatment Centers, Inc.*			One stop						SF +			5.75%			(i)						9.95%															01/2027						2,360						2,348						0.1						2,336
			Pinnacle Treatment Centers, Inc.*+			One stop						SF +			5.75%			(i)						9.95%															01/2027						1,491						1,485						—						1,477
			Pinnacle Treatment Centers, Inc.*+			One stop						SF +			5.75%			(i)						9.95%															01/2027						1,354						1,348						—						1,340
			Pinnacle Treatment Centers, Inc.+			One stop						SF +			5.75%			(i)						9.95%															01/2027						673						671						—						666
			Pinnacle Treatment Centers, Inc.+			One stop						SF +			5.75%			(i)						9.95%															01/2027						528						523						—						522
			Pinnacle Treatment Centers, Inc.+			One stop						P +			4.50%			(a)						11.75%															01/2027						522						503						—						502
			Pinnacle Treatment Centers, Inc.+			One stop						SF +			5.75%			(i)						9.95%															01/2027						178						176						—						176
			Pinnacle Treatment Centers, Inc.+			One stop						SF +			5.75%			(i)						9.95%															01/2027						102						101						—						101
			Premise Health Holding Corp.+			One stop						SF +			5.25%			(i)						9.25%															03/2031						1,377						1,372						—						1,377
			PPV Intermediate Holdings, LLC*+			One stop						SF +			5.75%			(i)						9.95%															08/2029						14,046						13,983						0.4						14,046
			PPV Intermediate Holdings, LLC+(26)			One stop						N/A												14.75%			PIK												08/2030						10,340						10,398						0.3						10,522
			PPV Intermediate Holdings, LLC+			One stop						SF +			5.25%			(i)						9.45%															08/2029						5,488						5,410						0.1						5,488
			PPV Intermediate Holdings, LLC+(26)			One stop						N/A												13.75%			PIK												08/2030						2,063						2,036						0.1						2,063
			PPV Intermediate Holdings, LLC+(26)			One stop						N/A												13.75%			PIK												08/2030						477						472						—						477
			PPV Intermediate Holdings, LLC+(26)			One stop						N/A												13.75%			PIK												08/2030						86						83						—						86
			PPV Intermediate Holdings, LLC+(26)			One stop						N/A												13.75%			PIK												08/2030						87						87						—						87
			PPV Intermediate Holdings, LLC+(5)			One stop																		N/A(6)															08/2029						—						(7)						—						—
			Premise Health Holding Corp.+(5)			One stop																		N/A(6)															03/2030						—						(1)						—						—
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(i)						9.21%															05/2027						24,839						24,876						0.6						24,839
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(i)						9.21%															05/2027						2,569						2,559						0.1						2,569
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(i)						9.14%															05/2027						2,147						2,143						0.1						2,147
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(i)						9.10%															05/2027						1,180						1,178						—						1,180

See Notes to Consolidated Financial Statements.

68

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Pyramid Healthcare Acquisition Corp.*+			One stop						SF +			4.75%			(i)						9.18%															05/2027						$	1,081					$	1,079					—			%			$	1,081
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(i)						9.21%															05/2027						729						728						—						729
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(i)						9.21%															05/2027						243						242						—						243
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(i)						9.21%															05/2027						213						213						—						213
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(i)						9.21%															05/2027						200						200						—						200
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(i)						9.10%															05/2027						200						200						—						200
			Pyramid Healthcare Acquisition Corp.+			One stop						SF +			4.75%			(i)						9.21%															05/2027						78						78						—						78
			Pyramid Healthcare Acquisition Corp.+(5)			One stop																		N/A(6)															05/2027						—						(1)						—						—
			Suveto Buyer, LLC*+			One stop						SF +			4.50%			(h)						8.66%															09/2027						27,459						27,455						0.7						27,459
			Suveto Buyer, LLC+			One stop						SF +			4.50%			(h)						8.66%															09/2027						11,180						11,096						0.3						11,180
			Suveto Buyer, LLC+(5)			One stop																		N/A(6)															09/2027						—						(2)						—						—
																																													512,013						511,926						12.9						510,894
			Healthcare Technology
			Amberfield Acquisition Co.*+			One stop						SF +			5.50%			(i)						9.50%															05/2030						7,138						7,110						0.2						7,138
			Amberfield Acquisition Co.+			One stop						SF +			5.50%			(i)						9.50%															05/2030						176						169						—						176
			Amberfield Acquisition Co.+			One stop						SF +			5.50%			(i)						9.50%															05/2030						164						162						—						164
			Color Intermediate, LLC*+			Senior secured						SF +			4.75%			(i)						8.85%															10/2029						17,388						17,354						0.4						17,388
			Connexin Software, Inc.+			One stop						SF +			6.25%			(i)						10.40%															03/2027						11,759						11,742						0.3						11,759
			Connexin Software, Inc.+			One stop																		N/A(6)															03/2027						—						—						—						—
			Crow River Buyer, Inc.+			One stop						SF +			6.00%			(i)						10.31%															01/2029						6,032						6,019						0.2						6,032
			Crow River Buyer, Inc.+(5)			One stop																		N/A(6)															01/2029						—						(1)						—						—
			Crow River Buyer, Inc.+			One stop						SF +			6.00%			(h)						10.17%															01/2029						8,700						8,630						0.2						8,700
			ESO Solution, Inc.+			One stop						SF +			6.75%			(i)						10.95%															05/2027						11,359						11,376						0.3						11,359
			ESO Solution, Inc.+			One stop						SF +			6.75%			(i)						10.95%															05/2027						3,803						3,761						0.1						3,803
			ESO Solution, Inc.+			One stop						SF +			6.75%			(i)						10.95%															03/2027						142						142						—						142
			GHX Ultimate Parent Corporation+			One stop						SF +			4.75%			(i)						8.75%															12/2031						53,749						53,270						1.4						53,749
			GHX Ultimate Parent Corporation+(5)			One stop																		N/A(6)															12/2031						—						(45)						—						—
			Healthmark Holdings, L.P.+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						(2)
			Healthmark Holdings, L.P.+(5)			One stop																		N/A(6)															07/2032						—						(2)						—						(2)
			Healthmark Holdings, L.P.+			One stop						SF +			4.50%			(i)						8.70%															07/2032						1,499						1,492						—						1,484
			Kona Buyer, LLC+			One stop						SF +			4.50%			(i)						8.82%															07/2031						15,713						15,583						0.4						15,713
			Kona Buyer, LLC+(5)			One stop																		N/A(6)															07/2031						—						(15)						—						—
			Kona Buyer, LLC+			One stop						SF +			4.50%			(i)						8.82%															07/2031						922						922						—						922
			Kona Buyer, LLC+			One stop						SF +			4.50%			(i)						8.82%															07/2031						259						258						—						259
			Kona Buyer, LLC+			One stop																		N/A(6)															07/2031						—						—						—						—
			Kona Buyer, LLC+			One stop																		N/A(6)															07/2031						—						—						—						—
			Kona Buyer, LLC+			One stop																		N/A(6)															07/2031						—						—						—						—
			Kona Buyer, LLC+			One stop																		N/A(6)															07/2031						—						—						—						—
			Lacker Bidco Limited+(8)(9)(10)			One stop						SN +			5.75%			(f)						9.72%															02/2031						637						600						—						631
			Lacker Bidco Limited+(8)(9)(10)			One stop						SN +			5.75%			(f)						9.72%															02/2031						529						516						—						521
			Lacker Bidco Limited+(5)(8)(9)(10)			One stop																		N/A(6)															08/2030						—						(2)						—						(1)
			Modernizing Medicine, Inc.+(26)			One stop						SF +			4.75%			(i)						6.50%			cash/			2.25%			PIK						04/2032						32,379						32,078						0.8						32,379
			Modernizing Medicine, Inc.+(5)			One stop																		N/A(6)															04/2032						—						(28)						—						—
			Neptune Holdings, Inc.*			One stop						SF +			4.50%			(i)						8.50%															09/2030						16,017						16,099						0.4						16,017
			Neptune Holdings, Inc.+			One stop																		N/A(6)															08/2029						—						—						—						—
			Netsmart Technologies, Inc.+(26)			One stop						SF +			4.95%			(h)						6.66%			cash/			2.45%			PIK						08/2031						52,670						52,239						1.3						52,670
			Netsmart Technologies, Inc.+(5)			One stop																		N/A(6)															08/2031						—						(59)						—						—
			Netsmart Technologies, Inc.+(5)			One stop																		N/A(6)															08/2031						—						(29)						—						—
			Plasma Buyer LLC+			One stop						SF +			5.75%			(i)						10.05%															05/2029						7,975						7,821						0.2						6,778
			Plasma Buyer LLC+			One stop						SF +			6.25%			(i)						10.55%															05/2029						301						296						—						256
			Plasma Buyer LLC+			One stop						SF +			5.75%			(i)						10.05%															05/2028						110						108						—						94
			QF Holdings, Inc.+			One stop						SF +			4.75%			(i)						9.06%															12/2027						924						921						—						924
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						11,513						11,478						0.3						11,628

See Notes to Consolidated Financial Statements.

69

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						$	11,207					$	11,173					0.3			%			$	11,319
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						7,383						7,361						0.2						7,457
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						1,899						1,893						0.1						1,918
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						1,688						1,683						0.1						1,704
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						1,266						1,262						—						1,278
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						1,054						1,051						—						1,065
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						844						841						—						852
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						168						168						—						170
			Tebra Technologies, Inc.+(26)			One stop						SF +			8.00%			(i)						8.85%			cash/			3.50%			PIK						11/2025						90						90						—						90
			Transaction Data Systems, Inc.*+			One stop						SF +			4.25%			(i)						8.40%															08/2026						74,490						74,392						1.9						74,490
			Transaction Data Systems, Inc.+			One stop																		N/A(6)															08/2026						—						—						—						—
																																													361,947						359,878						9.1						361,024
			Hotels, Restaurants & Leisure
			Barteca Restaurants, LLC*+			One stop						SF +			6.00%			(i)(j)						10.34%															08/2028						13,540						13,520						0.3						13,540
			Barteca Restaurants, LLC+			One stop						SF +			6.00%			(j)						10.38%															08/2028						683						679						—						683
			Barteca Restaurants, LLC+			One stop						SF +			6.00%			(i)						10.15%															08/2028						466						437						—						466
			Barteca Restaurants, LLC+			One stop						SF +			6.00%			(i)(j)						10.25%															08/2028						200						199						—						200
			BJH Holdings III Corp.*+			One stop						SF +			5.00%			(i)						9.00%															08/2027						69,569						69,371						1.8						69,569
			BJH Holdings III Corp.+			One stop						SF +			5.00%			(i)						9.00%															08/2027						5,547						5,492						0.1						5,547
			BJH Holdings III Corp.+			One stop						SF +			5.00%			(h)(i)						9.07%															08/2027						576						569						—						576
			Cafe Rio Holding, Inc.*+			One stop						SF +			5.75%			(i)						10.21%															09/2028						17,815						17,815						0.5						17,636
			Cafe Rio Holding, Inc.*+			One stop						SF +			5.75%			(i)						10.21%															09/2028						3,177						3,166						0.1						3,145
			Cafe Rio Holding, Inc.*+			One stop						SF +			5.75%			(i)						10.21%															09/2028						2,134						2,134						0.1						2,113
			Cafe Rio Holding, Inc.*			One stop						SF +			5.75%			(i)						10.21%															09/2028						1,354						1,354						—						1,340
			Cafe Rio Holding, Inc.*+			One stop						SF +			5.75%			(i)						10.21%															09/2028						1,195						1,195						—						1,184
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(h)(i)						9.95%															09/2028						112						112						—						110
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(i)						10.21%															09/2028						171						171						—						170
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(i)						10.21%															09/2028						123						122						—						122
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(i)						10.21%															09/2028						98						97						—						97
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(i)						10.21%															09/2028						96						95						—						95
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(i)						10.21%															09/2028						78						77						—						77
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(i)						10.21%															09/2028						49						49						—						49
			Cafe Rio Holding, Inc.+			One stop						SF +			5.75%			(i)						10.21%															09/2028						55						55						—						55
			Crumbl Enterprises, LLC+			One stop						SF +			4.50%			(i)						8.50%															05/2032						32,326						32,174						0.8						32,326
			Crumbl Enterprises, LLC+			One stop						SF +			4.50%			(i)						8.50%															05/2032						421						409						—						421
			ESN Venture Holdings, LLC*+(26)			One stop						SF +			6.26%			(i)						6.88%			cash/			3.38%			PIK						10/2029						5,353						5,296						0.1						5,353
			ESN Venture Holdings, LLC+(26)			One stop						SF +			6.26%			(i)						6.88%			cash/			3.38%			PIK						10/2029						1,585						1,573						—						1,585
			ESN Venture Holdings, LLC+(26)			One stop						SF +			6.26%			(i)						6.87%			cash/			3.38%			PIK						10/2029						915						909						—						915
			ESN Venture Holdings, LLC+(26)			One stop						SF +			6.26%			(i)						6.88%			cash/			3.38%			PIK						10/2029						808						801						—						808
			ESN Venture Holdings, LLC+(26)			One stop						SF +			6.26%			(i)						6.88%			cash/			3.38%			PIK						10/2029						437						435						—						437
			ESN Venture Holdings, LLC+(26)			One stop						SF +			6.26%			(i)						6.94%			cash/			3.38%			PIK						10/2029						771						727						—						771
			ESN Venture Holdings, LLC+(26)			One stop						SF +			6.26%			(i)						6.88%			cash/			3.38%			PIK						10/2029						371						367						—						371
			ESN Venture Holdings, LLC+(5)			One stop																		N/A(6)															10/2029						—						(9)						—						—
			ESN Venture Holdings, LLC+(26)			One stop						SF +			6.26%			(i)						6.88%			cash/			3.38%			PIK						10/2029						181						180						—						181
			GFP Atlantic Holdco 2, LLC+			One stop						SF +			6.00%			(i)						10.21%															11/2029						1,067						1,066						—						1,067
			GFP Atlantic Holdco 2, LLC+			One stop						SF +			6.00%			(i)						10.30%															11/2029						798						789						—						798
			Harri US LLC+(26)			One stop						SF +			7.25%			(i)						6.70%			cash/			4.75%			PIK						08/2028						1,304						1,277						—						1,253
			Harri US LLC+(26)			One stop						SF +			7.25%			(i)						6.70%			cash/			4.75%			PIK						08/2028						882						877						—						847
			Harri US LLC+(26)			One stop						SF +			7.25%			(i)						6.70%			cash/			4.75%			PIK						08/2028						857						852						—						822
			Harri US LLC+(5)			One stop																		N/A(6)															08/2028						—						—						—						(2)
			Harri US LLC+(26)			One stop						SF +			7.25%			(i)						6.50%			cash/			4.75%			PIK						08/2028						1,601						1,496						—						1,537
			Harri US LLC+(5)			One stop																		N/A(6)															08/2028						—						(7)						—						(83)
			Health Buyer, LLC*+			Senior secured						SF +			5.25%			(i)						9.25%															04/2029						3,863						3,854						0.1						3,863

See Notes to Consolidated Financial Statements.

70

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Health Buyer, LLC+			Senior secured						SF +			5.50%			(i)						9.50%															04/2029						$	1,763					$	1,745					0.1			%			$	1,763
			Health Buyer, LLC+			Senior secured						SF +			5.50%			(i)						9.50%															04/2029						886						878						—						886
			Health Buyer, LLC+			Senior secured						SF +			5.50%			(i)						9.50%															04/2029						129						128						—						129
			Health Buyer, LLC+			Senior secured																		N/A(6)															04/2028						—						—						—						—
			Olo Parent, Inc.+			One stop																		N/A(6)															09/2032						—						—						—						—
			Olo Parent, Inc.+			One stop						SF +			4.50%			(i)						8.56%															09/2032						1,826						1,821						0.1						1,822
			Patriot Acquireco, LLC+			One stop						SF +			4.50%			(i)						8.66%															09/2032						26						25						—						25
			Patriot Acquireco, LLC+			One stop						SF +			4.50%			(i)						8.66%															09/2032						1,818						1,809						0.1						1,809
			PB Group Holdings, LLC+(26)			One stop						SF +			5.50%			(h)						6.91%			cash/			2.75%			PIK						08/2030						37,581						37,432						1.0						37,581
			PB Group Holdings, LLC+			One stop						SF +			5.00%			(h)						9.16%															08/2030						513						495						—						513
			QSR Acquisition Co.+			One stop						SF +			4.25%			(i)						8.25%															06/2032						1,525						1,520						—						1,525
			QSR Acquisition Co.+			One stop																		N/A(6)															06/2032						—						—						—						—
			QSR Acquisition Co.+(5)			One stop																		N/A(6)															06/2032						—						(1)						—						—
			Rooster BidCo Limited+(8)(9)(10)			One stop						SN +			5.00%			(f)						8.97%															03/2032						4,984						4,755						0.1						4,984
			Rooster BidCo Limited+(8)(9)(10)			One stop						SN +			5.00%			(f)						8.97%															03/2032						119						118						—						119
			Rooster BidCo Limited+(5)(8)(9)(10)			One stop																		N/A(6)															03/2032						—						(24)						—						—
			Saguaro Buyer, LLC+			One stop						SF +			4.50%			(h)						8.66%															07/2032						6						6						—						6
			Saguaro Buyer, LLC+			One stop						SF +			4.50%			(h)						8.66%															07/2032						400						398						—						400
			Saguaro Buyer, LLC+			One stop																		N/A(6)															07/2032						—						—						—						—
			Saguaro Buyer, LLC+			One stop						SF +			4.50%			(h)						8.66%															07/2032						11						9						—						11
			SDC Holdco, LLC+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						(1)
			SDC Holdco, LLC+			One stop						SF +			4.38%			(h)						8.54%															07/2032						1,788						1,779						0.1						1,779
			SSRG Holdings, LLC*			One stop						SF +			4.75%			(i)						8.75%															11/2029						12,408						12,307						0.3						12,346
			SSRG Holdings, LLC*+			One stop						SF +			4.75%			(i)						8.75%															11/2029						7,702						7,707						0.2						7,664
			SSRG Holdings, LLC+			One stop						SF +			4.75%			(i)						8.75%															11/2029						908						893						—						895
			SSRG Holdings, LLC+			One stop						SF +			4.75%			(i)						8.75%															11/2029						607						603						—						605
			SSRG Holdings, LLC+(5)			One stop																		N/A(6)															11/2029						—						(2)						—						(2)
			SSRG Holdings, LLC+			One stop						SF +			4.75%			(i)						8.75%															11/2029						677						674						—						674
			Super REGO, LLC+(26)			Subordinated debt						N/A												15.00%			PIK												03/2030						74						74						—						74
			YE Brands Holding, LLC*+			One stop						SF +			4.75%			(i)						8.75%															10/2027						17,454						17,586						0.4						17,454
			YE Brands Holding, LLC+			One stop						SF +			4.75%			(i)						8.75%															10/2027						1,179						1,175						—						1,179
			YE Brands Holding, LLC+			One stop						SF +			4.75%			(i)						8.75%															10/2027						24						24						—						24
																																													264,986						263,708						6.3						264,308
			Household Products
			WU Holdco, Inc.+			One stop						SF +			4.75%			(i)						8.75%															04/2032						9,564						9,519						0.2						9,564
			WU Holdco, Inc.+(5)			One stop																		N/A(6)															04/2032						—						(3)						—						—
			WU Holdco, Inc.+(5)			One stop																		N/A(6)															04/2032						—						(5)						—						—
																																													9,564						9,511						0.2						9,564

See Notes to Consolidated Financial Statements.

71

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Industrial Conglomerates
			Arch Global CCT Holdings Corp.*+			Senior secured						SF +			4.75%			(h)						8.91%															04/2026						$	3,160					$	3,148					0.1			%			$	3,128
			Arch Global CCT Holdings Corp.+			Senior secured						SF +			4.75%			(h)						8.91%															04/2026						635						625						—						629
			Arch Global CCT Holdings Corp.+			Senior secured						SF +			4.75%			(h)						8.91%															04/2026						591						581						—						585
			Dwyer Instruments, Inc.+(9)			One stop						E +			5.00%			(c)						7.00%															07/2029						52,997						47,221						1.3						52,997
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(i)						8.75%															07/2029						1,485						1,473						—						1,485
			Dwyer Instruments, Inc.+(5)(9)			One stop																		N/A(6)															07/2029						—						(39)						—						—
			Dwyer Instruments, Inc.+(5)			One stop																		N/A(6)															07/2029						—						(26)						—						—
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(i)						8.75%															07/2029						5,767						5,753						0.2						5,767
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(i)						8.75%															07/2029						243						222						—						243
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(i)						8.75%															07/2029						1,463						1,452						—						1,463
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(i)						8.75%															07/2029						468						465						—						468
			Dwyer Instruments, Inc.+			One stop						SF +			4.75%			(i)						8.75%															07/2029						548						541						—						548
			Essential Services Holdings Corporation+			One stop						SF +			5.00%			(i)						9.32%															06/2031						11,514						11,420						0.3						11,399
			Essential Services Holdings Corporation+			One stop						SF +			5.00%			(i)						9.19%															06/2030						282						271						—						272
			Essential Services Holdings Corporation+(5)			One stop																		N/A(6)															06/2031						—						(9)						—						(23)
			Excelitas Technologies Corp.+(5)			One stop																		N/A(6)															08/2029						—						(46)						—						—
			Excelitas Technologies Corp.+			One stop						SF +			5.25%			(h)						9.41%															08/2029						10,022						9,970						0.3						10,022
			Excelitas Technologies Corp.+(9)			One stop						E +			5.25%			(b)						7.16%															08/2029						2,002						1,777						0.1						2,002
			Excelitas Technologies Corp.+(5)			One stop																		N/A(6)															08/2028						—						(2)						—						—
																																													91,177						84,797						2.3						90,985
			Insurance
			AMBA Buyer, Inc.*+			One stop						SF +			5.25%			(i)						9.35%															07/2027						4,422						4,429						0.1						4,422
			AMBA Buyer, Inc.+			One stop						SF +			5.25%			(i)						9.35%															07/2027						1,317						1,315						—						1,317
			AMBA Buyer, Inc.+			One stop						SF +			5.25%			(i)						9.35%															07/2027						1,111						1,109						—						1,111
			AMBA Buyer, Inc.+			One stop						SF +			5.25%			(i)						9.35%															07/2027						161						161						—						161
			AMBA Buyer, Inc.+			One stop																		N/A(6)															07/2027						—						—						—						—
			Bellwether Buyer, LLC+			One stop						SF +			4.50%			(h)						8.66%															04/2032						262						257						—						262
			Bellwether Buyer, LLC+			One stop						SF +			4.50%			(h)						8.64%															04/2032						5,031						5,008						0.1						5,031
			Bellwether Buyer, LLC+(5)			One stop																		N/A(6)															04/2032						—						(6)						—						—
			Ben Nevis Midco Limited+(8)(10)			One stop						SF +			5.50%			(i)						9.81%															03/2028						561						554						—						561
			Ben Nevis Midco Limited+(8)(10)			One stop						SF +			5.50%			(i)						9.70%															03/2028						378						378						—						378
			Ben Nevis Midco Limited+(8)(10)			One stop						SF +			5.50%			(i)						9.81%															03/2028						465						456						—						465
			Ben Nevis Midco Limited+(8)(10)			One stop						SF +			5.50%			(i)						9.81%															03/2028						97						96						—						97
			Captive Resources Midco, LLC+			One stop						SF +			4.50%			(h)						8.66%															07/2029						22,958						22,938						0.6						22,958
			Captive Resources Midco, LLC+(5)			One stop																		N/A(6)															07/2028						—						(2)						—						—
			Doxa Insurance Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															12/2030						1,718						1,748						0.1						1,718
			Doxa Insurance Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															12/2030						1,618						1,622						—						1,618
			Doxa Insurance Holdings LLC+			One stop						SF +			5.25%			(i)						9.25%															12/2029						12						12						—						12
			Doxa Insurance Holdings LLC+(5)			One stop																		N/A(6)															12/2030						—						(22)						—						—
			Gimlet Bidco GMBH+(8)(9)(19)			One stop						E +			5.75%			(c)						7.78%															04/2031						1,149						1,035						—						1,137
			Gimlet Bidco GMBH+(8)(9)(19)			One stop						E +			5.75%			(b)(c)						7.75%															04/2031						408						375						—						404
			Gimlet Bidco GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															04/2031						—						(5)						—						(10)
			Illumifin Corporation+(26)			One stop						SF +			6.00%			(i)						10.59%															09/2027						4,648						4,470						0.1						4,416
			Integrated Specialty Coverages, LLC+			One stop						SF +			4.75%			(h)						8.91%															07/2030						10,111						10,043						0.3						10,111
			Integrated Specialty Coverages, LLC+(5)			One stop																		N/A(6)															07/2029						—						(1)						—						—
			Integrated Specialty Coverages, LLC+(5)			One stop																		N/A(6)															07/2030						—						(4)						—						—
			Integrity Marketing Acquisition, LLC*+			One stop						SF +			5.00%			(i)						9.20%															08/2028						48,347						48,067						1.2						48,347
			Integrity Marketing Acquisition, LLC+(5)			One stop																		N/A(6)															08/2028						—						(3)						—						—
			Integrity Marketing Acquisition, LLC+(5)			One stop																		N/A(6)															08/2028						—						(5)						—						—
			J.S. Held Holdings, LLC*+			One stop						SF +			5.50%			(i)						9.65%															06/2028						37,835						37,469						1.0						37,835
			J.S. Held Holdings, LLC+			One stop						SF +			5.50%			(i)						9.65%															06/2028						11,024						10,949						0.3						11,024

See Notes to Consolidated Financial Statements.

72

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			J.S. Held Holdings, LLC+(5)			One stop																		N/A(6)															06/2028						$	—					$	(7)					—			%			$	—
			Koala Investment Holdings, Inc.+(8)(10)			One stop						SF +			4.50%			(i)						8.50%															08/2032						1,564						1,557						—						1,549
			Koala Investment Holdings, Inc.+(5)(8)(10)			One stop																		N/A(6)															08/2032						—						(1)						—						(1)
			Koala Investment Holdings, Inc.+(5)(8)(10)			One stop																		N/A(6)															08/2032						—						(1)						—						(3)
			Majesco*+			One stop						SF +			4.75%			(i)						8.75%															09/2028						27,954						27,981						0.7						27,954
			Majesco+(5)			One stop																		N/A(6)															09/2027						—						(1)						—						—
			MRH Trowe Germany GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															11/2031						—						(2)						—						—
			MRH Trowe Germany GMBH+(8)(9)(19)			One stop						E +			5.00%			(d)						7.11%															05/2032						6,242						5,950						0.2						6,242
			MRH Trowe Germany GMBH+(8)(9)(19)			One stop						E +			5.00%			(c)						6.99%															05/2032						236						235						—						236
			Oakbridge Insurance Agency LLC+			One stop						SF +			5.75%			(h)						9.97%															11/2029						2,258						2,289						0.1						2,258
			Oakbridge Insurance Agency LLC+			One stop						SF +			5.75%			(h)						9.97%															11/2029						1,091						1,090						—						1,091
			Oakbridge Insurance Agency LLC+			One stop						SF +			5.75%			(h)						10.03%															11/2029						4						3						—						4
			Oakbridge Insurance Agency LLC+			One stop						SF +			5.00%			(h)						9.27%															11/2029						276						271						—						276
			Pareto Health Intermediate Holdings, Inc.*+			One stop						SF +			4.75%			(i)						8.75%															05/2030						74,088						73,580						1.9						74,088
			Pareto Health Intermediate Holdings, Inc.+(5)			One stop																		N/A(6)															06/2029						—						(1)						—						—
			Pareto Health Intermediate Holdings, Inc.+(5)			One stop																		N/A(6)															05/2030						—						(49)						—						—
			Patriot Growth Insurance Services, LLC+			One stop						SF +			5.00%			(i)						9.15%															10/2028						72,028						71,322						1.8						72,028
			Patriot Growth Insurance Services, LLC+			One stop						SF +			5.00%			(i)						9.15%															10/2028						9,823						9,664						0.3						9,823
			Patriot Growth Insurance Services, LLC+			One stop						SF +			5.00%			(i)						9.00%															10/2028						3,047						3,039						0.1						3,047
			Patriot Growth Insurance Services, LLC+(5)			One stop																		N/A(6)															10/2028						—						(41)						—						—
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(l)						8.27%															02/2028						23,737						25,132						0.6						23,797
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(l)						8.27%															02/2028						19,927						20,499						0.5						19,976
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(l)						8.27%															02/2028						9,746						9,790						0.3						9,771
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(l)						8.27%															02/2028						7,792						8,360						0.2						7,811
			People Corporation+(8)(9)(12)			One stop						CA +			5.25%			(l)						8.26%															02/2027						258						262						—						258
			People Corporation+(8)(9)(12)			One stop						CA +			5.00%			(l)						7.99%															02/2028						6,619						6,608						0.2						6,619
			Wasabi Lower Holdco, LLC+(5)			Senior secured																		N/A(6)															06/2032						—						(8)						—						—
			Wasabi Lower Holdco, LLC+			Senior secured						SF +			4.50%			(h)						8.66%															06/2032						2,610						2,577						0.1						2,610
			World Insurance Associates, LLC+			One stop						SF +			5.00%			(i)						9.00%															04/2030						1,724						1,707						0.1						1,724
			World Insurance Associates, LLC+(5)			One stop																		N/A(6)															04/2030						—						(2)						—						—
																																													424,657						424,246						10.9						424,533
			Internet & Direct Marketing Retail
			Revalize, Inc.+(26)			One stop						SF +			6.50%			(i)						8.90%			cash/			1.75%			PIK						04/2029						20,410						20,185						0.5						17,962
			Revalize, Inc.+(26)			One stop						SF +			6.50%			(i)						8.90%			cash/			1.75%			PIK						04/2029						11,947						11,755						0.3						10,513
			Revalize, Inc.+(26)			One stop						SF +			6.50%			(i)						8.90%			cash/			1.75%			PIK						04/2029						5,923						5,828						0.1						5,212
			Revalize, Inc.+(26)			One stop						SF +			6.50%			(i)						8.90%			cash/			1.75%			PIK						04/2029						3,568						3,499						0.1						3,140
			Revalize, Inc.+(26)			One stop						SF +			6.50%			(i)						8.89%			cash/			1.75%			PIK						04/2029						2,428						2,377						0.1						2,137
			Revalize, Inc.+(26)			One stop						SF +			6.50%			(i)						8.90%			cash/			1.75%			PIK						04/2029						2,385						2,288						0.1						2,099
			Revalize, Inc.+(26)			One stop						SF +			6.50%			(i)						8.90%			cash/			1.75%			PIK						04/2029						228						216						—						201
			Revalize, Inc.+(26)			One stop						SF +			6.25%			(i)						9.90%			cash/			0.50%			PIK						04/2029						297						282						—						242
																																													47,186						46,430						1.2						41,506
			IT Services
			Acquia, Inc.*+			One stop						SF +			6.00%			(i)						10.43%															10/2026						12,020						12,005						0.3						12,020
			Acquia, Inc.+			One stop						SF +			6.00%			(i)						10.43%															10/2026						1,083						1,081						—						1,083
			Acquia, Inc.+			One stop						SF +			6.00%			(i)						10.45%															10/2026						112						112						—						112
			CivicPlus, LLC+			One stop						SF +			5.50%			(i)						9.70%															08/2030						23,499						23,442						0.6						23,499
			CivicPlus, LLC+(5)			One stop																		N/A(6)															08/2030						—						(17)						—						—
			CivicPlus, LLC+(26)			One stop						SF +			11.75%			(i)(j)						15.75%			PIK												06/2034						356						354						—						358
			CivicPlus, LLC+(5)			One stop																		N/A(6)															08/2030						—						(2)						—						—
			ContractPod Technologies, Ltd.+(8)(10)(26)			One stop						SF +			6.50%			(i)						7.25%			cash/			3.25%			PIK						07/2030						504						502						—						504
			ContractPod Technologies, Ltd.+(5)(8)(10)			One stop																		N/A(6)															07/2030						—						(1)						—						—
			ContractPod Technologies, Ltd.+(5)(8)(10)			One stop																		N/A(6)															07/2030						—						(1)						—						—

See Notes to Consolidated Financial Statements.

73

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Critical Start, Inc.+(26)			One stop						SF +			6.75%			(i)						7.46%			cash/			3.63%			PIK						05/2028						$	5,450					$	5,443					0.1			%			$	5,395
			Critical Start, Inc.+(26)			One stop						SF +			6.75%			(i)						7.46%			cash/			3.63%			PIK						05/2028						2,503						2,478						0.1						2,477
			Critical Start, Inc.+(5)			One stop																		N/A(6)															05/2028						—						(1)						—						(2)
			Delinea Inc.*+			One stop						SF +			5.75%			(i)						9.90%															03/2028						22,375						22,380						0.6						22,375
			Delinea Inc.*+			One stop						SF +			5.75%			(i)						9.90%															03/2028						12,990						12,992						0.3						12,990
			Delinea Inc.+			One stop						SF +			5.75%			(i)						9.90%															03/2028						11,385						11,375						0.3						11,385
			Delinea Inc.+(5)			One stop																		N/A(6)															03/2027						—						(1)						—						—
			Goldcup 31018 AB+(8)(9)(17)(26)			One stop						E +			6.50%			(d)						8.57%			PIK												07/2029						15,805						14,046						0.4						14,936
			Goldcup 31018 AB+(8)(9)(17)(26)			One stop						E +			6.50%			(d)						8.57%			PIK												07/2029						1,474						1,330						—						1,393
			Goldcup 31018 AB+(8)(9)(17)			One stop						E +			6.25%			(d)						8.32%															01/2029						234						209						—						220
			Kentik Technologies, Inc.+(26)			Senior secured						SF +			8.00%			(i)						8.02%			cash/			4.00%			PIK						11/2029						56						54						—						56
			Kentik Technologies, Inc.+(26)			Senior secured						SF +			8.00%			(i)						8.02%			cash/			4.00%			PIK						11/2029						50						50						—						50
			Netwrix Corporation*+			One stop						SF +			4.75%			(i)						8.95%															06/2029						9,541						9,544						0.2						9,541
			Netwrix Corporation+			One stop						SF +			4.75%			(i)						8.95%															06/2029						383						382						—						383
			Netwrix Corporation+			One stop						SF +			4.75%			(i)						8.95%															06/2029						162						159						—						162
			Netwrix Corporation+(5)			One stop																		N/A(6)															06/2029						—						(1)						—						—
			Optimizely North America, Inc.+			One stop						SF +			5.00%			(h)						9.16%															10/2031						38,128						37,797						1.0						38,128
			Optimizely North America, Inc.+(9)			One stop						E +			5.25%			(b)						7.15%															10/2031						15,843						14,529						0.4						15,843
			Optimizely North America, Inc.+(9)			One stop						SN +			5.50%			(f)						9.47%															10/2031						5,979						5,715						0.2						5,979
			Optimizely North America, Inc.+(5)			One stop																		N/A(6)															10/2031						—						(86)						—						—
			PDQ Intermediate, Inc.+(26)			Subordinated debt						N/A												13.75%			PIK												10/2031						130						129						—						132
			ReliaQuest Holdings, LLC+(26)			One stop						SF +			6.00%			(i)						7.06%			cash/			3.25%			PIK						04/2031						12,133						12,107						0.3						12,133
			ReliaQuest Holdings, LLC+(5)			One stop																		N/A(6)															04/2031						—						(7)						—						—
			ReliaQuest Holdings, LLC+(5)			One stop																		N/A(6)															04/2031						—						(22)						—						—
			ReliaQuest Holdings, LLC+(26)			One stop						SF +			6.00%			(i)						7.06%			cash/			3.25%			PIK						04/2031						28,895						28,763						0.7						28,895
			Saturn Borrower Inc.*+			One stop						SF +			6.00%			(i)						10.00%															11/2028						27,326						27,055						0.7						27,326
			Saturn Borrower Inc.+			One stop						SF +			6.00%			(h)						10.16%															11/2028						110						104						—						110
			WPEngine, Inc.+			One stop						SF +			6.00%			(i)						10.02%															08/2029						5,438						5,423						0.1						5,438
			WPEngine, Inc.+			One stop																		N/A(6)															08/2029						—						—						—						—
			Zarya Holdco, Inc.+			One stop						SF +			6.50%			(i)						10.70%															07/2027						7,174						7,205						0.2						7,174
			Zarya Holdco, Inc.+			One stop						SF +			6.50%			(i)						10.70%															07/2027						1,399						1,393						—						1,399
			Zarya Holdco, Inc.+			One stop																		N/A(6)															07/2027						—						—						—						—
																																													262,537						258,019						6.5						261,494
			Leisure Products
			Crunch Holdings, LLC+			One stop						SF +			4.75%			(h)						8.91%															09/2031						1,765						1,761						0.1						1,765
			Crunch Holdings, LLC+(5)			One stop																		N/A(6)															09/2031						—						(1)						—						—
			Movement Holdings, LLC+(8)(10)			One stop						SF +			5.50%			(i)						9.70%															03/2030						832						830						—						832
			Movement Holdings, LLC+(8)(10)			One stop																		N/A(6)															03/2030						—						—						—						—
			Movement Holdings, LLC+(5)(8)(10)			One stop																		N/A(6)															03/2030						—						(1)						—						—
			WBZ Investment, LLC+			One stop						SF +			6.75%			(j)						11.17%															03/2027						7,703						7,703						0.2						7,703
			WBZ Investment, LLC+			One stop						SF +			6.75%			(j)						11.17%															03/2027						1,702						1,702						0.1						1,702
			WBZ Investment, LLC+			One stop						SF +			6.75%			(j)						11.17%															03/2027						1,182						1,182						—						1,182
			WBZ Investment, LLC+			One stop						SF +			6.75%			(j)						11.17%															03/2027						628						628						—						628
			WBZ Investment, LLC+			One stop																		N/A(6)															03/2027						—						—						—						—
																																													13,812						13,804						0.4						13,812

See Notes to Consolidated Financial Statements.

74

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Life Sciences Tools & Services
			Celerion Buyer, Inc.*+			One stop						SF +			5.00%			(i)						9.25%															11/2029						$	30,864					$	30,598					0.8			%			$	30,864
			Celerion Buyer, Inc.+(5)			One stop																		N/A(6)															11/2028						—						(1)						—						—
			Celerion Buyer, Inc.+(5)			One stop																		N/A(6)															11/2029						—						(64)						—						—
			Celerion Buyer, Inc.*			One stop						SF +			5.00%			(i)						9.25%															11/2029						21,901						21,720						0.6						21,901
			Diamondback Acquisition, Inc.+			One stop						SF +			4.50%			(h)						8.66%															09/2032						1,492						1,489						—						1,489
			Diamondback Acquisition, Inc.+(5)			One stop																		N/A(6)															09/2032						—						(1)						—						(2)
			Diamondback Acquisition, Inc.+			One stop						SF +			4.50%			(h)						8.66%															09/2032						39						38						—						38
			PAS Parent Inc.*+			One stop						SF +			4.50%			(h)						8.66%															08/2032						58,248						57,967						1.5						57,666
			PAS Parent Inc.+(5)			One stop																		N/A(6)															08/2031						—						(6)						—						(10)
			PAS Parent Inc.+(5)			One stop																		N/A(6)															08/2032						—						(2)						—						(49)
			Unchained Labs, LLC*+			Senior secured						SF +			5.50%			(h)						9.71%															08/2027						1,386						1,374						—						1,357
			Unchained Labs, LLC+			Senior secured						SF +			5.50%			(h)						9.71%															08/2027						1,170						1,158						—						1,147
			Unchained Labs, LLC+(5)			Senior secured																		N/A(6)															08/2027						—						(1)						—						(2)
																																													115,100						114,269						2.9						114,399
			Machinery
			AI Titan Parent, Inc.+			One stop						SF +			4.50%			(h)						8.66%															08/2031						10,508						10,420						0.3						10,508
			AI Titan Parent, Inc.+(5)			One stop																		N/A(6)															08/2031						—						(9)						—						—
			AI Titan Parent, Inc.+(5)			One stop																		N/A(6)															08/2031						—						(11)						—						—
			Blackbird Purchaser, Inc.+			One stop						SF +			5.50%			(i)						9.50%															12/2030						4,432						4,500						0.1						4,432
			Blackbird Purchaser, Inc.+			One stop						SF +			5.50%			(i)						9.50%															12/2030						520						520						—						520
			Blackbird Purchaser, Inc.+			One stop						SF +			5.50%			(h)(i)						9.55%															12/2029						70						69						—						70
			Chase Industries, Inc.+(26)(27)			Senior secured						SF +			7.00%			(i)						9.65%			cash/			1.50%			PIK						11/2026						13,694						13,586						0.3						13,557
			Chase Industries, Inc.+(26)(27)			Senior secured						SF +			7.00%			(i)						9.65%			cash/			1.50%			PIK						11/2026						1,294						1,280						—						1,281
			Chase Industries, Inc.+(26)(27)			Senior secured						SF +			7.00%			(i)						9.65%			cash/			1.50%			PIK						11/2026						201						193						—						195
			Thermogenics, Inc.+(8)(9)(12)			One stop						CA +			4.25%			(l)						6.70%															06/2032						139						141						—						139
			Thermogenics, Inc.+(5)(8)(12)			One stop																		N/A(6)															06/2032						—						(1)						—						—
			Thermogenics, Inc.+(8)(12)			One stop						SF +			4.25%			(i)						8.25%															06/2032						180						179						—						180
			Thermogenics, Inc.+(5)(8)(12)			One stop																		N/A(6)															06/2032						—						(3)						—						—
			Thermogenics, Inc.+(8)(9)(12)			One stop						CA +			4.25%			(l)						6.70%															06/2032						14						14						—						14
																																													31,052						30,878						0.7						30,896
			Marine
			Project Nike Purchaser, LLC*+			One stop						SF +			5.25%			(i)						9.25%															04/2029						33,523						33,657						0.8						33,187
			Project Nike Purchaser, LLC+			One stop						SF +			5.25%			(i)						9.25%															04/2029						742						739						—						735
			Project Nike Purchaser, LLC+			One stop						SF +			5.25%			(i)						9.25%															04/2029						198						197						—						194
																																													34,463						34,593						0.8						34,116
			Media
			Lotus Topco, Inc.*			One stop						SF +			4.75%			(i)						8.75%															06/2030						5,112						5,081						0.1						5,073
			Lotus Topco, Inc.+(5)			One stop																		N/A(6)															06/2030						—						(6)						—						(8)
			Lotus Topco, Inc.+			One stop						SF +			4.75%			(i)						8.75%															06/2030						647						632						—						628
			Lotus Topco, Inc.+			One stop						SF +			4.75%			(i)						8.75%															06/2030						2,000						1,986						0.1						1,985
			Shout! Factory, LLC+			One stop						SF +			5.25%			(i)						9.25%															06/2031						1,778						1,766						0.1						1,778
			Shout! Factory, LLC+			One stop						SF +			5.25%			(i)						9.25%															06/2031						37						35						—						37
			Triple Lift, Inc.*+			One stop						SF +			5.75%			(i)						9.90%															05/2028						7,224						7,134						0.2						6,718
			Triple Lift, Inc.*+			One stop						SF +			5.75%			(i)						9.90%															05/2028						1,541						1,514						—						1,433
			Triple Lift, Inc.+(5)			One stop																		N/A(6)															05/2028						—						(4)						—						(10)
																																													18,339						18,138						0.5						17,634
			Oil, Gas & Consumable Fuels
			Envernus, Inc.+			One stop						SF +			5.50%			(h)						9.66%															12/2029						7,993						8,066						0.2						7,993
			Envernus, Inc.+			One stop						SF +			5.50%			(h)						9.64%															12/2029						4						3						—						4
			Envernus, Inc.+			One stop																		N/A(6)															12/2029						—						—						—						—
																																													7,997						8,069						0.2						7,997

See Notes to Consolidated Financial Statements.

75

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Paper & Forest Products
			Messenger, LLC*+			One stop						SF +			5.00%			(h)						9.16%															12/2027						$	14,039					$	14,038					0.4			%			$	14,039
			Messenger, LLC+(9)			One stop						SN +			5.00%			(f)						8.97%															12/2027						907						853						—						907
			Messenger, LLC+			One stop						SF +			5.00%			(h)						9.16%															12/2027						507						506						—						507
			Messenger, LLC+(9)			One stop						SN +			5.00%			(f)						8.97%															12/2027						9						9						—						9
			Messenger, LLC*+			One stop						SF +			5.00%			(h)						9.16%															12/2027						1,471						1,489						—						1,471
			Messenger, LLC+			One stop						SF +			5.00%			(h)						9.16%															12/2027						738						736						—						738
			Messenger, LLC+			One stop																		N/A(6)															12/2027						—						—						—						—
																																													17,671						17,631						0.4						17,671
			Pharmaceuticals
			ACP Ulysses Buyer, Inc.*+			One stop						SF +			5.50%			(i)						9.50%															02/2029						30,144						30,018						0.8						30,144
			ACP Ulysses Buyer, Inc.*+			One stop						SF +			5.50%			(i)						9.50%															02/2029						1,303						1,289						—						1,303
			Amalthea Parent, Inc.*+(8)(12)			One stop						SF +			5.00%			(i)						9.46%															03/2027						86,739						84,842						2.1						84,137
			Amalthea Parent, Inc.+(8)(12)			One stop						SF +			5.00%			(h)						9.27%															03/2027						540						519						—						524
			Apothecary Products, LLC*			Senior secured						SF +			5.00%			(j)						9.04%															07/2026						2,191						2,188						0.1						2,191
			Apothecary Products, LLC+			Senior secured						SF +			5.00%			(i)						9.21%															07/2026						65						64						—						65
			Caerus Midco 3 S.A.R.L.*+(8)			One stop						SF +			5.00%			(i)						9.00%															05/2029						29,110						29,139						0.7						29,110
			Caerus Midco 3 S.A.R.L.+(8)			One stop						SF +			5.00%			(i)						9.00%															05/2029						4,826						4,829						0.1						4,826
			Caerus Midco 3 S.A.R.L.+(8)			One stop						SF +			5.00%			(i)						9.00%															05/2029						4,454						4,417						0.1						4,454
			Caerus Midco 3 S.A.R.L.+(8)			One stop						SF +			5.00%			(i)						9.00%															05/2029						707						703						—						707
			Caerus Midco 3 S.A.R.L.+(8)			One stop						SF +			5.00%			(h)						9.16%															05/2029						262						259						—						262
			Cobalt Buyer Sub, Inc.*+			One stop						SF +			5.75%			(i)						9.95%															10/2028						14,684						14,648						0.4						14,390
			Cobalt Buyer Sub, Inc.*+			One stop						SF +			5.75%			(i)						9.95%															10/2028						4,915						4,902						0.1						4,817
			Cobalt Buyer Sub, Inc.+			One stop						SF +			5.75%			(i)						9.95%															10/2028						3,720						3,665						0.1						3,645
			Cobalt Buyer Sub, Inc.+			One stop						SF +			5.75%			(i)						9.95%															10/2027						439						427						—						417
			Cobalt Buyer Sub, Inc.+			One stop						SF +			5.75%			(i)						9.95%															10/2028						6,333						6,275						0.2						6,206
			Cobalt Buyer Sub, Inc.+(5)			One stop																		N/A(6)															10/2028						—						(58)						—						—
			Creek Parent, Inc.+			One stop						SF +			5.00%			(h)						9.14%															12/2031						56,544						55,666						1.4						56,544
			Creek Parent, Inc.+(5)			One stop																		N/A(6)															12/2031						—						(121)						—						—
			Spark Bidco Limited+(8)(9)(10)(26)			Senior secured						SN +			4.88%			(f)						7.72%			cash/			1.13%			PIK						08/2028						38,346						37,879						0.9						37,100
			Spark Bidco Limited+(8)(9)(10)			Senior secured						SN +			6.00%			(f)						9.97%															08/2028						5,587						5,135						0.1						5,587
			Spark Bidco Limited+(8)(9)(10)(26)			Senior secured						SN +			4.88%			(f)						7.72%			cash/			1.13%			PIK						08/2028						4,648						4,014						0.1						4,497
			Spark Bidco Limited+(8)(10)			Senior secured						SF +			6.00%			(i)						10.00%															08/2028						3,991						3,986						0.1						3,991
			Spark Bidco Limited+(8)(9)(10)(26)			Senior secured						SN +			4.88%			(f)						7.72%			cash/			1.13%			PIK						08/2028						4,067						3,674						0.1						3,935
			Spark Bidco Limited+(8)(9)(10)			Senior secured						SN +			3.75%			(f)						7.72%															02/2028						122						118						—						116
																																													303,737						298,477						7.4						298,968
			Professional Services
			ALKU Intermediate Holdings, LLC+			One stop						SF +			6.25%			(i)						10.25%															5/1/2029						6,728						6,750						0.2						6,728
			ALKU Intermediate Holdings, LLC+			One stop						SF +			5.50%			(i)						9.50%															5/1/2029						744						737						—						727
			bswift, LLC*+			One stop						SF +			4.75%			(i)						9.07%															11/1/2028						7,604						7,591						0.2						7,604
			bswift, LLC+			One stop						SF +			4.75%			(i)						9.04%															11/1/2028						9,950						9,906						0.3						9,950
			Denali Intermediate Holdings, Inc.+(5)			One stop																		N/A(6)															8/1/2032						—						(2)						—						(2)
			Denali Intermediate Holdings, Inc.+			One stop						SF +			5.50%			(h)						9.67%															8/1/2032						1,818						1,800						0.1						1,800
			DISA Holdings Corp.*+			Senior secured						SF +			5.00%			(h)						9.28%															9/1/2028						5,189						5,163						0.1						5,189
			DISA Holdings Corp.+			Senior secured						SF +			5.00%			(h)						9.28%															9/1/2028						800						792						—						800
			DISA Holdings Corp.+			One stop						SF +			5.00%			(h)						9.28%															9/1/2028						684						678						—						684
			DISA Holdings Corp.+			Senior secured						SF +			5.00%			(h)						9.28%															9/1/2028						605						600						—						605
			DISA Holdings Corp.+(26)			Subordinated debt						SF +			8.50%			(h)						10.63%			cash/			2.00%			PIK						3/1/2029						106						105						—						106
			DISA Holdings Corp.+			Senior secured						SF +			5.00%			(h)(i)						9.27%															9/1/2028						587						581						—						587
			DISA Holdings Corp.+			Senior secured						SF +			5.00%			(h)						9.28%															9/1/2028						34						32						—						34
			Eclipse Buyer, Inc.+			One stop						SF +			4.50%			(h)						8.68%															9/1/2031						14,283						14,162						0.4						14,283
			Eclipse Buyer, Inc.+(5)			One stop																		N/A(6)															9/1/2031						—						(59)						—						—

See Notes to Consolidated Financial Statements.

76

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Eclipse Buyer, Inc.+(5)			One stop																		N/A(6)															9/1/2031						$	—					$	(10)					—			%			$	—
			Eliassen Group, LLC+			One stop						SF +			5.75%			(i)						9.75%															4/1/2028						2,126						2,113						0.1						2,084
			Eliassen Group, LLC+			One stop						SF +			5.75%			(h)						9.91%															4/1/2028						144						142						—						140
			IG Investments Holdings, LLC*+			One stop						SF +			5.00%			(i)						9.31%															9/1/2028						12,877						12,835						0.3						12,877
			IG Investments Holdings, LLC+			One stop																		N/A(6)															9/1/2028						—						—						—						—
			NBG Acquisition Corp. and NBG-P Acquisition Corp.*+(26)			One stop						SF +			6.00%			(i)						6.90%			cash/			3.50%			PIK						11/1/2030						33,978						33,622						0.8						31,939
			NBG Acquisition Corp. and NBG-P Acquisition Corp.+(26)			One stop						SF +			6.00%			(i)						6.50%			cash/			3.50%			PIK						11/1/2030						790						786						—						743
			NBG Acquisition Corp. and NBG-P Acquisition Corp.+(26)			One stop						SF +			6.00%			(i)						6.50%			cash/			3.50%			PIK						11/1/2030						292						285						—						264
			PlanSource Holdings, Inc.*+			One stop						SF +			5.50%			(i)						9.70%															12/1/2026						14,234						14,209						0.4						14,234
			PlanSource Holdings, Inc.+			One stop						SF +			5.50%			(i)						9.70%															12/1/2026						2,416						2,411						0.1						2,416
			PlanSource Holdings, Inc.+			One stop						SF +			5.50%			(i)						9.70%															12/1/2026						695						694						—						695
			PlanSource Holdings, Inc.+			One stop																		N/A(6)															12/1/2026						—						—						—						—
			Procure Acquireco, Inc.*+			One stop						SF +			4.75%			(i)						8.75%															12/1/2028						24,667						24,708						0.6						24,667
			Procure Acquireco, Inc.+			One stop						SF +			4.75%			(i)						8.75%															12/1/2028						1,135						1,134						—						1,135
			Procure Acquireco, Inc.+			One stop																		N/A(6)															12/1/2028						—						—						—						—
			Procure Acquireco, Inc.+(5)			One stop																		N/A(6)															12/1/2028						—						(65)						—						—
			Procure Acquireco, Inc.+			One stop						SF +			4.75%			(i)						8.75%															12/1/2028						3,462						3,448						0.1						3,462
			Teaching Company, The+			One stop						SF +			5.75%			(i)						10.21%															1/1/2026						12,290						12,290						0.3						12,290
			Teaching Company, The+			One stop						P +			4.75%			(a)						12.00%															1/1/2026						50						50						—						50
			Varicent Intermediate Holdings Corporation+(8)(12)(26)			One stop						SF +			5.75%			(i)						6.63%			cash/			3.13%			PIK						8/1/2031						52,117						51,506						1.3						52,117
			Varicent Intermediate Holdings Corporation+(5)(8)(12)			One stop																		N/A(6)															8/1/2031						—						(78)						—						—
			Varicent Intermediate Holdings Corporation+(5)(8)(12)			One stop																		N/A(6)															8/1/2031						—						(53)						—						—
																																													210,405						208,863						5.3						208,208
			Real Estate Management & Development
			Inhabit IQ Inc.+			One stop						SF +			4.50%			(h)						8.66%															01/2032						6,873						6,857						0.2						6,873
			Inhabit IQ Inc.+(5)			One stop																		N/A(6)															01/2032						—						(3)						—						—
			Inhabit IQ Inc.+(5)			One stop																		N/A(6)															01/2032						—						(4)						—						—
			MRI Software, LLC*+			One stop						SF +			4.75%			(i)						8.75%															02/2028						32,733						32,856						0.8						32,733
			MRI Software, LLC*+			One stop						SF +			4.75%			(i)						8.75%															02/2028						13,019						13,083						0.3						13,019
			MRI Software, LLC+			One stop						SF +			4.75%			(i)						8.75%															02/2028						316						308						—						316
			MRI Software, LLC+			One stop						SF +			4.75%			(i)						8.75%															02/2028						9,830						9,762						0.3						9,830
			RPL Bidco Limited+(8)(9)(10)			One stop						SN +			5.00%			(f)						8.97%															08/2028						6,084						5,839						0.2						6,084
			RPL Bidco Limited+(8)(9)(10)			One stop						SN +			5.00%			(f)						8.97%															08/2028						28,080						28,278						0.7						28,080
			RPL Bidco Limited+(8)(9)(10)			One stop						A +			5.00%			(e)						8.62%															08/2028						11,640						11,773						0.3						11,640
			RPL Bidco Limited+(8)(9)(10)			One stop						A +			5.00%			(e)						8.62%															08/2028						2,826						3,041						0.1						2,826
			RPL Bidco Limited+(8)(9)(10)			One stop																		N/A(6)															02/2028						—						—						—						—
																																													111,401						111,790						2.9						111,401
			Road & Rail
			Internet Truckstop Group, LLC*			One stop						SF +			5.25%			(i)						9.40%															04/2027						28,632						28,608						0.7						28,345
			Internet Truckstop Group, LLC*+			One stop						SF +			5.25%			(i)						9.40%															04/2027						12,553						12,496						0.3						12,427
			Internet Truckstop Group, LLC+(5)			One stop																		N/A(6)															04/2027						—						(2)						—						(3)
			VRS Buyer, Inc.+			Senior secured						SF +			4.75%			(i)						9.08%															07/2032						1,491						1,484						—						1,491
			VRS Buyer, Inc.+(5)			Senior secured																		N/A(6)															07/2032						—						(1)						—						—
			VRS Buyer, Inc.+(5)			Senior secured																		N/A(6)															07/2032						—						(1)						—						—
																																													42,676						42,584						1.0						42,260

See Notes to Consolidated Financial Statements.

77

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Software
			Anaplan, Inc.+			One stop						SF +			4.50%			(i)						8.70%															06/2029						$	58,322					$	58,485					1.5			%			$	58,322
			Anaplan, Inc.+			One stop																		N/A(6)															06/2028						—						—						—						—
			Appfire Technologies, LLC*+			One stop						SF +			5.00%			(i)						9.00%															03/2028						57,223						57,151						1.4						56,651
			Appfire Technologies, LLC+			One stop						SF +			5.00%			(i)						9.00%															03/2028						100						98						—						95
			Appfire Technologies, LLC+			One stop						SF +			5.00%			(i)						9.00%															03/2028						222						197						—						203
			Appfire Technologies, LLC+(5)			One stop																		N/A(6)															03/2028						—						(88)						—						(266)
			Aras Corporation+			One stop						SF +			5.00%			(i)						9.00%															04/2029						28,451						28,472						0.7						28,451
			Aras Corporation+			One stop						SF +			5.00%			(i)						9.00%															04/2029						1,565						1,552						—						1,565
			Armstrong Bidco Limited+(8)(9)(10)			One stop						SN +			5.25%			(f)						9.22%															06/2029						5,846						5,365						0.2						5,846
			Armstrong Bidco Limited+(8)(9)(10)			One stop						SN +			5.25%			(f)						9.22%															06/2029						3,049						2,735						0.1						3,049
			Arrow Buyer, Inc.+			One stop						SF +			5.00%			(i)						9.00%															07/2030						24,851						24,712						0.6						24,851
			Arrow Buyer, Inc.+			One stop						SF +			5.00%			(i)						9.00%															07/2030						1,629						1,624						0.1						1,629
			Arrow Buyer, Inc.+			One stop						SF +			5.00%			(i)						9.00%															07/2030						1,577						1,573						0.1						1,577
			Artifact Bidco, Inc.+			One stop						SF +			4.25%			(i)						8.25%															05/2031						1,489						1,476						—						1,489
			Artifact Bidco, Inc.+(5)			One stop																		N/A(6)															05/2031						—						(2)						—						—
			Artifact Bidco, Inc.+			One stop																		N/A(6)															05/2030						—						—						—						—
			Artifact Bidco, Inc.+(5)			One stop																		N/A(6)															05/2030						—						(1)						—						—
			Auvik Networks Inc.+(8)(12)(26)			One stop						SF +			6.25%			(i)						7.31%			cash/			3.25%			PIK						07/2027						11,019						11,038						0.3						11,019
			Auvik Networks Inc.+(8)(12)(26)			One stop						SF +			6.25%			(i)						7.31%			cash/			3.25%			PIK						07/2027						1,981						1,977						0.1						1,981
			Auvik Networks Inc.+(8)(12)(26)			One stop						SF +			6.25%			(i)						7.31%			cash/			3.25%			PIK						07/2027						1,009						1,007						—						1,009
			Auvik Networks Inc.+(8)(12)			One stop																		N/A(6)															07/2027						—						—						—						—
			Azul Systems, Inc.*			Senior secured						SF +			4.50%			(i)						8.65%															04/2027						9,492						9,601						0.2						9,492
			Azul Systems, Inc.+			Senior secured																		N/A(6)															04/2026						—						—						—						—
			Azurite Intermediate Holdings, Inc.+			One stop						SF +			6.00%			(h)						10.16%															03/2031						973						963						—						973
			Azurite Intermediate Holdings, Inc.+			One stop						SF +			6.00%			(h)						10.16%															03/2031						428						423						—						428
			Azurite Intermediate Holdings, Inc.+(5)			One stop																		N/A(6)															03/2031						—						(2)						—						—
			Baxter Planning Systems, LLC+(26)			One stop						SF +			6.25%			(i)						7.19%			cash/			3.38%			PIK						05/2031						4,200						4,200						0.1						4,200
			Baxter Planning Systems, LLC+(5)			One stop																		N/A(6)															05/2031						—						(5)						—						—
			Baxter Planning Systems, LLC+(5)			One stop																		N/A(6)															05/2031						—						(3)						—						—
			Bayshore Intermediate #2, L.P.+			One stop						SF +			5.00%			(i)						9.00%															10/2027						95						93						—						95
			Bayshore Intermediate #2, L.P.+(26)			One stop						SF +			5.50%			(i)						6.50%			cash/			3.00%			PIK						10/2028						124,185						124,126						3.1						124,185
			BestPass, Inc.*+			One stop						SF +			4.75%			(h)						8.91%															08/2031						52,338						52,119						1.3						52,338
			BestPass, Inc.+(5)			One stop																		N/A(6)															08/2031						—						(22)						—						—
			BestPass, Inc.+(5)			One stop																		N/A(6)															08/2031						—						(29)						—						—
			Bloomerang, LLC+(26)			One stop						SF +			6.50%			(i)						7.00%			cash/			3.50%			PIK						12/2029						4,142						4,172						0.1						4,142
			Bloomerang, LLC+(26)			One stop						SF +			6.50%			(i)						7.00%			cash/			3.50%			PIK						12/2029						414						405						—						414
			Bloomerang, LLC+			One stop						SF +			6.00%			(i)						11.13%															12/2029						58						58						—						58
			Blue Bidco Limited+(8)(9)(10)			One stop						E +			5.00%			(d)						7.04%															05/2032						5,340						5,130						0.1						5,340
			Blue Bidco Limited+(8)(9)(10)			One stop						SN +			5.00%			(f)						8.97%															05/2032						9,268						9,204						0.2						9,268
			Blue Bidco Limited+(8)(9)(10)			One stop																		N/A(6)															05/2032						—						—						—						—
			Blue Bidco Limited+(8)(10)			One stop						SF +			5.00%			(j)						9.26%															05/2032						1,338						1,332						—						1,338
			Blue Bidco Limited+(8)(10)			One stop						SF +			5.00%			(i)						9.26%															05/2032						2,749						2,749						0.1						2,749
			Bottomline Technologies, Inc.+(5)			One stop																		N/A(6)															05/2028						—						(4)						—						—
			Bottomline Technologies, Inc.+			One stop						SF +			4.50%			(i)						8.50%															05/2029						45,696						45,473						1.2						45,696
			Bullhorn, Inc.*+			One stop						SF +			5.00%			(h)						9.16%															10/2029						77,997						77,892						2.0						77,997
			Bullhorn, Inc.*+			One stop						SF +			5.00%			(h)						9.16%															10/2029						3,190						3,220						0.1						3,190
			Bullhorn, Inc.+			One stop						SF +			5.00%			(h)						9.16%															10/2029						1,643						1,661						0.1						1,643
			Bullhorn, Inc.+			One stop						SF +			5.00%			(h)						9.16%															10/2029						736						734						—						736
			Bullhorn, Inc.+			One stop						SF +			5.00%			(h)						9.16%															10/2029						587						585						—						587
			Bullhorn, Inc.+			One stop						SF +			5.00%			(h)						9.16%															10/2029						68						66						—						68
			Burning Glass Intermediate Holdings Company, Inc.*			One stop						SF +			5.00%			(i)						9.15%															06/2028						11,232						11,211						0.3						11,232

See Notes to Consolidated Financial Statements.

78

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Burning Glass Intermediate Holdings Company, Inc.+			One stop						SF +			5.00%			(j)						9.43%															06/2026						$	154					$	154					—			%			$	154
			Bynder BidCo, Inc.& Bynder BidCo B.V.+(8)(14)			One stop						SF +			6.00%			(j)						10.14%															01/2029						8,332						8,282						0.2						8,332
			Bynder BidCo, Inc.& Bynder BidCo B.V.+(8)(14)			One stop						SF +			6.00%			(j)						10.14%															01/2029						2,204						2,178						0.1						2,204
			Bynder BidCo, Inc.& Bynder BidCo B.V.+(8)(14)			One stop																		N/A(6)															01/2029						—						—						—						—
			Bynder BidCo, Inc.& Bynder BidCo B.V.+(5)(8)(14)			One stop																		N/A(6)															01/2029						—						(1)						—						—
			Calabrio, Inc.+			One stop						SF +			5.50%			(i)						9.70%															04/2027						73,921						73,965						1.9						73,921
			Calabrio, Inc.+			One stop						SF +			5.50%			(i)						9.70%															04/2027						5,432						5,485						0.1						5,432
			Calabrio, Inc.+			One stop						SF +			5.50%			(i)						9.70%															04/2027						202						201						—						202
			Camelia Bidco Limited+(8)(9)(10)			One stop						SN +			5.50%			(f)						9.47%															08/2030						5,440						5,140						0.1						5,440
			Camelia Bidco Limited+(8)(9)(10)			One stop						SN +			5.50%			(f)						9.47%															08/2030						1,065						1,006						—						1,065
			Camelia Bidco Limited+(8)(9)(10)			One stop						A +			5.50%			(e)						9.05%															08/2030						331						324						—						331
			Camelia Bidco Limited+(5)(8)(9)(10)			One stop																		N/A(6)															08/2030						—						(25)						—						—
			CB Buyer, Inc.+			One stop						SF +			5.25%			(i)						9.25%															07/2031						51,465						51,064						1.3						51,465
			CB Buyer, Inc.+(5)			One stop																		N/A(6)															07/2031						—						(43)						—						—
			CB Buyer, Inc.+			One stop						SF +			5.25%			(i)						9.25%															07/2031						562						503						—						562
			Coupa Holdings, LLC+			One stop						SF +			5.25%			(i)						9.56%															02/2030						31,639						31,390						0.8						31,639
			Coupa Holdings, LLC+(5)			One stop																		N/A(6)															02/2029						—						(1)						—						—
			Coupa Holdings, LLC+(5)			One stop																		N/A(6)															02/2030						—						(16)						—						—
			Crewline Buyer, Inc.+			One stop						SF +			6.75%			(h)						10.91%															11/2030						10,857						10,828						0.3						10,857
			Crewline Buyer, Inc.+(5)			One stop																		N/A(6)															11/2030						—						(1)						—						—
			Daxko Acquisition Corporation*+			One stop						SF +			4.75%			(h)						8.91%															10/2028						39,052						39,035						1.0						39,052
			Daxko Acquisition Corporation*+			One stop						SF +			4.75%			(h)						8.91%															10/2028						3,293						3,272						0.1						3,293
			Daxko Acquisition Corporation+			One stop						SF +			4.75%			(h)						8.91%															10/2028						196						196						—						196
			Daxko Acquisition Corporation+			One stop						SF +			4.75%			(h)						8.91%															10/2028						133						118						—						133
			Daxko Acquisition Corporation+(5)			One stop																		N/A(6)															10/2028						—						(8)						—						—
			Denali Bidco Limited+(8)(9)(10)			One stop						SN +			5.00%			(f)						8.97%															09/2031						8,534						8,141						0.2						8,492
			Denali Bidco Limited+(8)(9)(10)(26)			Subordinated debt						N/A												11.20%			PIK												09/2032						100						99						—						99
			Denali Bidco Limited+(8)(9)(10)			One stop						E +			5.00%			(c)						7.08%															09/2031						6,782						6,318						0.2						6,747
			Denali Bidco Limited+(8)(9)(10)(26)			Subordinated debt						N/A												9.80%			PIK												09/2032						152						150						—						150
			Denali Bidco Limited+(5)(8)(9)(10)			One stop																		N/A(6)															09/2031						—						(3)						—						(4)
			Diligent Corporation+			One stop						SF +			5.00%			(i)						9.20%															08/2030						8,985						8,970						0.2						8,985
			Diligent Corporation+			One stop						SF +			5.00%			(i)						9.20%															08/2030						1,541						1,531						—						1,541
			Diligent Corporation+(5)			One stop																		N/A(6)															08/2030						—						(9)						—						—
			Diligent Corporation+			One stop						SF +			5.00%			(i)						9.20%															08/2030						103						97						—						103
			Einstein Parent, Inc.+			One stop						SF +			6.50%			(i)						10.83%															01/2031						9,063						8,902						0.2						9,063
			Einstein Parent, Inc.+(5)			One stop																		N/A(6)															01/2031						—						(17)						—						—
			Espresso Bidco, Inc.+(26)			One stop						SF +			5.75%			(i)						6.63%			cash/			3.13%			PIK						03/2032						18,396						18,145						0.5						18,396
			Espresso Bidco, Inc.+(5)			One stop																		N/A(6)															03/2032						—						(35)						—						—
			Espresso Bidco, Inc.+(5)			One stop																		N/A(6)															03/2032						—						(31)						—						—
			Evergreen IX Borrower 2023, LLC+			One stop						SF +			4.75%			(i)						8.75%															09/2030						4,869						4,770						0.1						4,869
			Evergreen IX Borrower 2023, LLC+			One stop						SF +			4.75%			(i)						8.75%															09/2030						4,438						4,402						0.1						4,438
			Evergreen IX Borrower 2023, LLC+(5)			One stop																		N/A(6)															10/2029						—						(10)						—						—
			FirstUp, Inc.+			One stop						SF +			6.75%			(i)						10.75%															07/2027						13,126						13,110						0.3						12,994
			FirstUp, Inc.+			One stop						SF +			6.75%			(i)						10.75%															07/2027						1,251						1,244						—						1,239
			FirstUp, Inc.+(5)			One stop																		N/A(6)															07/2027						—						(1)						—						(2)
			Flexera Software, LLC+			One stop																		N/A(6)															08/2032						—						—						—						—
			Flexera Software, LLC+			One stop						SF +			4.75%			(i)						8.96%															08/2032						1,401						1,399						—						1,397
			Flexera Software, LLC+(9)			One stop						E +			4.75%			(b)						6.63%															08/2032						496						494						—						495
			Gainsight, Inc.+			One stop						SF +			6.25%			(i)						10.60%															07/2027						14,171						14,198						0.4						14,171

See Notes to Consolidated Financial Statements.

79

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Gainsight, Inc.+(5)			One stop																		N/A(6)															07/2027						$	—					$	(1)					—			%			$	—
			GS Acquisitionco, Inc.*+			One stop						SF +			5.25%			(i)						9.25%															05/2028						121,457						121,717						3.0						120,850
			GS Acquisitionco, Inc.+			One stop						SF +			5.25%			(i)						9.25%															05/2028						122						121						—						121
			GS Acquisitionco, Inc.+			One stop						SF +			5.25%			(i)						9.25%															05/2028						180						178						—						177
			GTIV, LLC*+			One stop						SF +			4.75%			(h)						8.91%															02/2029						71,983						71,638						1.8						71,983
			GTIV, LLC+(5)			One stop																		N/A(6)															02/2029						—						(1)						—						—
			GTY Technology Holdings, Inc.+(26)			One stop						SF +			6.63%			(i)						6.67%			cash/			4.13%			PIK						07/2029						9,064						8,949						0.2						9,064
			GTY Technology Holdings, Inc.+(26)			One stop						SF +			6.63%			(i)						6.50%			cash/			4.13%			PIK						07/2029						5,320						5,314						0.1						5,320
			GTY Technology Holdings, Inc.+(26)			One stop						SF +			6.63%			(i)						6.50%			cash/			4.13%			PIK						07/2029						3,478						3,453						0.1						3,478
			GTY Technology Holdings, Inc.+(26)			One stop						SF +			6.63%			(i)						6.67%			cash/			4.13%			PIK						07/2029						1,038						1,026						—						1,038
			GTY Technology Holdings, Inc.+(26)			One stop						SF +			6.63%			(i)						6.50%			cash/			4.13%			PIK						07/2029						636						634						—						636
			GTY Technology Holdings, Inc.+(26)			One stop						SF +			6.63%			(i)						6.82%			cash/			4.13%			PIK						07/2029						443						443						—						443
			GTY Technology Holdings, Inc.+			One stop						SF +			6.00%			(i)						10.00%															07/2029						324						308						—						324
			Gurobi Optimization, LLC+			One stop						SF +			4.50%			(i)						8.50%															09/2031						49,465						49,045						1.3						49,465
			Gurobi Optimization, LLC+(5)			One stop																		N/A(6)															09/2031						—						(37)						—						—
			Hornet Security Holding GMBH+(8)(9)(19)			One stop						E +			4.75%			(b)						6.62%															02/2031						788						719						—						796
			Hornet Security Holding GMBH+(8)(9)(19)			One stop						E +			4.75%			(b)						6.62%															02/2031						525						480						—						530
			Hornet Security Holding GMBH+(8)(9)(19)			One stop						E +			4.75%			(b)						6.66%															08/2030						15						12						—						15
			Hornet Security Holding GMBH+(8)(9)(19)			One stop						E +			4.75%			(d)						6.80%															02/2031						109						104						—						112
			Hyland Software, Inc.*+			One stop						SF +			5.00%			(h)						9.16%															09/2030						46,767						47,448						1.2						46,767
			Hyland Software, Inc.+			One stop																		N/A(6)															09/2029						—						—						—						—
			Icefall Parent, Inc.+			One stop						SF +			4.50%			(i)						8.81%															01/2030						3,184						3,174						0.1						3,184
			Icefall Parent, Inc.+(5)			One stop																		N/A(6)															01/2030						—						(1)						—						—
			ICIMS, Inc.*+(26)			One stop						SF +			5.75%			(i)						10.07%															08/2028						12,478						12,431						0.3						11,854
			ICIMS, Inc.+			One stop						SF +			5.75%			(i)						10.07%															08/2028						90						87						—						74
			IQN Holding Corp. *+(26)			One stop						SF +			5.75%			(i)						6.63%			cash/			3.13%			PIK						05/2029						22,897						22,943						0.6						22,897
			IQN Holding Corp. +			One stop						SF +			5.25%			(i)						9.25%															05/2028						108						108						—						108
			IQN Holding Corp. +(26)			One stop						SF +			5.75%			(i)						6.63%			cash/			3.13%			PIK						05/2029						4,046						4,009						0.1						4,046
			Island Bidco AB+(8)(9)(17)(26)			One stop						E +			7.25%			(c)						2.04%			cash/			7.25%			PIK						07/2028						12,125						11,001						0.3						12,125
			Island Bidco AB+(8)(17)(26)			One stop						SF +			7.00%			(j)						7.67%			cash/			3.50%			PIK						07/2028						4,961						4,958						0.1						4,961
			Island Bidco AB+(8)(17)(26)			One stop						SF +			7.00%			(j)						7.67%			cash/			3.50%			PIK						07/2028						3,660						3,639						0.1						3,660
			Island Bidco AB+(5)(8)(9)(17)			One stop																		N/A(6)															07/2028						—						(1)						—						—
			Island Bidco AB+(8)(17)			One stop						SF +			6.50%			(j)						10.59%															07/2028						88						87						—						88
			Kairos Bidco Limited+			One stop						SF +			4.75%			(i)						8.75%															07/2032						10						10						—						10
			Kairos Bidco Limited+			One stop						SF +			4.75%			(i)						8.75%															07/2032						604						601						—						601
			Kairos Bidco Limited+(5)			One stop																		N/A(6)															07/2032						—						(1)						—						(1)
			Kairos Bidco Limited+			One stop						SF +			4.75%			(i)						8.75%															07/2032						91						90						—						90
			LeadsOnline, LLC+			One stop						SF +			4.50%			(i)						8.79%															02/2028						12,917						13,038						0.3						12,917
			LeadsOnline, LLC+			One stop						SF +			4.50%			(i)						8.79%															02/2028						2,280						2,301						0.1						2,280
			LeadsOnline, LLC+			One stop						SF +			4.50%			(i)						8.50%															02/2028						661						660						—						661
			LeadsOnline, LLC+(5)			One stop																		N/A(6)															02/2028						—						(1)						—						—
			Lighthouse Bidco GMBH+(8)(9)(19)			One stop						E +			4.75%			(c)						6.75%															12/2031						20,056						17,727						0.5						20,056
			Lighthouse Bidco GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															06/2031						—						(29)						—						—
			Lighthouse Bidco GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															12/2031						—						(96)						—						—
			LogicMonitor, Inc.+			One stop						SF +			5.50%			(i)						9.81%															11/2031						53,749						53,455						1.4						53,749
			LogicMonitor, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(37)						—						—
			Matrix42 Holding GMBH+(8)(9)(19)			One stop						E +			6.25%			(d)						8.32%															12/2029						10,668						10,409						0.3						10,588
			Matrix42 Holding GMBH+(8)(9)(19)			One stop						E +			6.25%			(d)						8.32%															12/2029						1,616						1,481						0.1						1,604
			Matrix42 Holding GMBH+(8)(9)(19)			One stop						E +			6.25%			(d)						8.32%															12/2029						832						765						—						826
			Matrix42 Holding GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															06/2029						—						(1)						—						(2)
			Matrix42 Holding GMBH+(8)(19)			One stop																		N/A(6)															06/2029						—						—						—						—
			Matrix42 Holding GMBH+(8)(9)(19)			One stop						E +			6.25%			(d)						8.31%															12/2029						2,041						2,005						0.1						2,025

See Notes to Consolidated Financial Statements.

80

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Metatiedot Bidco Oy & Metatiedot US, LLC+(8)(9)(16)			One stop						E +			5.25%			(c)						7.28%															11/2031						$	17,267					$	15,340					0.4			%			$	17,267
			Metatiedot Bidco Oy & Metatiedot US, LLC+(8)(16)			One stop						SF +			5.25%			(i)						9.45%															11/2031						11,017						10,872						0.3						11,017
			Metatiedot Bidco Oy & Metatiedot US, LLC+(8)(9)(16)			One stop						E +			5.25%			(c)						7.28%															11/2031						140						93						—						140
			Metatiedot Bidco Oy & Metatiedot US, LLC+(5)(8)(9)(16)			One stop																		N/A(6)															11/2030						—						(41)						—						—
			Mindbody, Inc.+			One stop						SF +			6.00%			(i)						10.46%															09/2027						61,966						61,966						1.6						61,966
			Mindbody, Inc.+			One stop						SF +			6.00%			(i)						10.46%															09/2027						2,134						2,134						0.1						2,134
			Mindbody, Inc.+			One stop																		N/A(6)															09/2027						—						—						—						—
			Ministry Brands Holdings LLC+			One stop						SF +			5.50%			(h)						9.76%															12/2028						30,751						30,664						0.8						30,137
			Ministry Brands Holdings LLC+			One stop						SF +			5.50%			(h)						9.76%															12/2028						2,893						2,896						0.1						2,835
			Ministry Brands Holdings LLC+(5)			One stop																		N/A(6)															12/2027						—						(3)						—						(6)
			MYOB Invest Co Pty Ltd+(8)(9)(11)(26)			One stop						A +			5.75%			(e)						6.33%			cash/			3.00%			PIK						06/2030						36,379						35,400						0.9						36,379
			Navex TopCo, Inc.+			One stop						SF +			5.25%			(h)						9.41%															11/2030						5,329						5,408						0.1						5,329
			Navex TopCo, Inc.+(5)			One stop																		N/A(6)															11/2028						—						(1)						—						—
			Naviga Inc.+(7)(26)			Senior secured						SF +			1.00%			(i)						5.10%			PIK												09/2026						184						121						—						67
			Onit, Inc.+			One stop						SF +			4.75%			(i)						9.06%															01/2032						5,415						5,367						0.1						5,428
			Onit, Inc.+(5)			One stop																		N/A(6)															01/2032						—						(7)						—						—
			Onit, Inc.+(5)			One stop																		N/A(6)															01/2032						—						(11)						—						—
			Onit, Inc.+			One stop						SF +			4.50%			(i)						8.50%															01/2032						1,448						1,444						—						1,444
			Orsay Bidco 1 B.V. and Sky Group Holding B.V.+(8)(9)(14)			One stop						E +			5.75%			(c)						7.75%															11/2029						2,316						2,087						0.1						2,327
			Orsay Bidco 1 B.V. and Sky Group Holding B.V.+(8)(9)(14)			One stop						E +			5.00%			(c)						7.00%															11/2029						347						289						—						347
			Panzura, LLC+(26)			One stop						N/A												4.00%			cash/			11.00%			PIK						08/2027						132						123						—						120
			Personify, Inc.+			One stop						SF +			4.75%			(i)						8.75%															09/2028						16,676						16,611						0.4						16,676
			Personify, Inc.*			One stop						SF +			4.75%			(i)						8.75%															09/2028						12,337						12,270						0.3						12,337
			Personify, Inc.*+			One stop						SF +			4.75%			(i)						8.75%															09/2028						8,751						8,702						0.2						8,751
			Personify, Inc.+			One stop																		N/A(6)															09/2028						—						—						—						—
			Pineapple German Bidco GMBH+(8)(19)(26)			One stop						SF +			5.25%			(i)						9.24%			PIK												01/2031						15,046						14,915						0.4						15,046
			Pineapple German Bidco GMBH+(8)(9)(19)(26)			One stop						E +			5.25%			(c)						7.27%			PIK												01/2031						5,300						4,554						0.1						5,300
			Pineapple German Bidco GMBH+(8)(9)(19)(26)			One stop						E +			5.25%			(c)						7.27%			PIK												01/2031						1,139						1,039						—						1,139
			Pineapple German Bidco GMBH+(8)(9)(19)(26)			One stop						E +			5.25%			(c)						7.27%			PIK												01/2031						353						318						—						353
			Pineapple German Bidco GMBH+(8)(19)(26)			One stop						SF +			5.25%			(i)						9.24%			PIK												01/2031						77						75						—						77
			Pineapple German Bidco GMBH+(8)(9)(19)(26)			One stop						E +			5.25%			(c)						7.25%			PIK												01/2031						78						71						—						78
			Pineapple German Bidco GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															01/2031						—						(55)						—						—
			PING Identity Holding Corp.+			One stop						SF +			4.75%			(i)						8.75%															10/2029						14,993						14,963						0.4						14,993
			PING Identity Holding Corp.+(5)			One stop																		N/A(6)															10/2028						—						(1)						—						—
			Pluralsight, LLC+(26)			One stop						SF +			7.50%			(i)						11.70%			PIK												08/2029						6,738						6,553						0.2						6,671
			Pluralsight, LLC+(26)			One stop						SF +			4.50%			(i)						7.20%			cash/			1.50%			PIK						08/2029						4,025						3,933						0.1						3,985
			Pluralsight, LLC+(26)			One stop						SF +			4.50%			(i)						7.20%			cash/			1.50%			PIK						08/2029						2,013						2,013						0.1						1,993
			Pluralsight, LLC+(5)			One stop																		N/A(6)															08/2029						—						—						—						(10)
			Pluralsight, LLC+(5)			One stop																		N/A(6)															08/2029						—						—						—						(25)
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(i)						10.50%															09/2028						6,014						6,023						0.2						6,014
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(i)						10.50%															09/2028						4,240						4,223						0.1						4,240
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(i)						10.50%															09/2028						2,864						2,847						0.1						2,864
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(i)						10.50%															09/2028						1,203						1,199						—						1,203
			ProcessUnity Holdings, LLC+			One stop						SF +			6.50%			(h)(i)						10.57%															09/2028						108						108						—						108
			QAD, Inc.*+			One stop						SF +			4.75%			(h)						8.91%															11/2027						42,819						43,243						1.1						42,819
			QAD, Inc.+(5)			One stop																		N/A(6)															11/2027						—						(2)						—						—
			Quant Buyer, Inc.*+			One stop						SF +			5.25%			(i)						9.49%															06/2029						7,332						7,279						0.2						7,332

See Notes to Consolidated Financial Statements.

81

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Quant Buyer, Inc.*+			One stop						SF +			5.25%			(i)						9.45%															06/2029						$	4,428					$	4,395					0.1			%			$	4,428
			Quant Buyer, Inc.*+			One stop						SF +			5.25%			(i)						9.45%															06/2029						4,316						4,302						0.1						4,316
			Quant Buyer, Inc.+			One stop						SF +			5.25%			(i)						9.45%															06/2029						230						227						—						230
			Quant Buyer, Inc.+(5)			One stop																		N/A(6)															06/2029						—						(41)						—						—
			Rainforest Bidco Limited+(8)(9)(10)(26)			One stop						SN +			6.05%			(f)						7.47%			cash/			2.55%			PIK						07/2029						21,404						19,591						0.5						21,404
			Rainforest Bidco Limited+(8)(10)(26)			One stop						SF +			6.05%			(g)						7.68%			cash/			2.55%			PIK						07/2029						3,762						3,742						0.1						3,762
			Rainforest Bidco Limited+(8)(9)(10)(26)			One stop						SN +			6.80%			(f)						7.97%			cash/			2.80%			PIK						07/2029						3,580						3,360						0.1						3,580
			Rainforest Bidco Limited+(8)(9)(10)(26)			One stop						SN +			6.05%			(f)						7.47%			cash/			2.55%			PIK						07/2029						1,573						1,430						—						1,573
			Rainforest Bidco Limited+(8)(10)(26)			One stop						SF +			6.18%			(g)						8.12%			cash/			2.18%			PIK						07/2029						1,002						1,002						—						1,002
			Rainforest Bidco Limited+(5)(8)(9)(10)			One stop																		N/A(6)															07/2029						—						(7)						—						—
			Rainforest Bidco Limited+(8)(10)(26)			One stop						SF +			5.93%			(g)						8.12%			cash/			1.93%			PIK						07/2029						700						700						—						700
			Riskonnect Parent, LLC*+			One stop						SF +			4.75%			(j)						8.62%															12/2028						45,168						45,548						1.1						44,717
			Riskonnect Parent, LLC+			One stop						SF +			4.75%			(j)						8.62%															12/2028						2,119						2,134						0.1						2,099
			Riskonnect Parent, LLC+			One stop						SF +			4.75%			(j)						8.62%															12/2028						815						809						—						807
			Riskonnect Parent, LLC+			One stop						SF +			4.75%			(j)						8.62%															12/2028						573						566						—						567
			Riskonnect Parent, LLC+			One stop						SF +			4.75%			(j)						8.62%															12/2028						77						74						—						68
			Riskonnect Parent, LLC+(5)			One stop																		N/A(6)															12/2028						—						(8)						—						(10)
			Rodeo Buyer Company & Absorb Software Inc.+(8)(12)			One stop						SF +			6.25%			(h)						10.41%															05/2027						13,056						12,990						0.3						13,056
			Rodeo Buyer Company & Absorb Software Inc.+(8)(12)			One stop						SF +			6.25%			(h)						10.51%															05/2027						7,616						7,608						0.2						7,616
			Rodeo Buyer Company & Absorb Software Inc.+(8)(12)			One stop																		N/A(6)															05/2027						—						—						—						—
			Rodeo Buyer Company & Absorb Software Inc.+(8)(12)			One stop						SF +			6.25%			(h)						10.41%															05/2027						2,000						1,991						0.1						2,000
			Sapphire Bidco Oy+(8)(9)(16)			One stop						E +			4.75%			(c)						6.78%															07/2029						53,648						47,198						1.4						53,648
			Sapphire Bidco Oy+(8)(9)(16)			One stop						E +			5.00%			(c)						7.04%															07/2029						4,383						3,981						0.1						4,395
			Sapphire Bidco Oy+(8)(9)(16)			One stop						E +			5.00%			(c)						6.96%															07/2029						1,616						1,491						0.1						1,620
			Sonatype, Inc.+			One stop						SF +			5.50%			(h)						9.75%															01/2028						69,460						69,555						1.8						69,460
			Sonatype, Inc.+			One stop																		N/A(6)															01/2028						—						—						—						—
			Spark Bidco Limited+(8)(10)			One stop																		N/A(6)															10/2032						—						—						—						—
			Spark Bidco Limited+(8)(10)			One stop																		N/A(6)															10/2032						—						—						—						—
			Spark Bidco Limited+(8)(10)			One stop																		N/A(6)															10/2032						—						—						—						—
			Spark Bidco Limited+(8)(9)(10)			One stop																		N/A(6)															10/2032						—						—						—						—
			Spartan Buyer Acquisition Co.*+(26)			One stop						SF +			7.50%			(i)						10.70%			cash/			1.00%			PIK						06/2027						44,709						44,567						1.1						44,261
			Spartan Buyer Acquisition Co.+(26)			One stop						SF +			7.50%			(i)						10.70%			cash/			1.00%			PIK						06/2027						2,851						2,828						0.1						2,822
			Spartan Buyer Acquisition Co.+(5)(26)			One stop						P +			6.50%			(a)						12.75%			cash/			1.00%			PIK						06/2027						2						(1)						—						(2)
			Telesoft Holdings LLC*+			One stop						SF +			5.75%			(h)						10.01%															12/2026						20,963						21,081						0.5						20,963
			Telesoft Holdings LLC+			One stop						SF +			6.25%			(h)						10.51%															12/2026						1,417						1,420						—						1,417
			Telesoft Holdings LLC+			One stop						SF +			5.75%			(h)						10.01%															12/2026						37						36						—						37
			Templafy APS and Templafy, LLC+(8)(18)			One stop						SF +			6.00%			(i)						10.35%															07/2028						4,800						4,784						0.1						4,800
			Templafy APS and Templafy, LLC+(8)(18)			One stop																		N/A(6)															07/2028						—						—						—						—
			TI Intermediate Holdings, LLC+(26)			Senior secured						SF +			5.50%			(h)						8.76%			cash/			1.00%			PIK						06/2027						4,226						4,222						0.1						3,297
			TI Intermediate Holdings, LLC+(26)			Senior secured						SF +			5.50%			(h)						8.76%			cash/			1.00%			PIK						06/2027						1,122						1,122						—						875
			TI Intermediate Holdings, LLC+(26)			Senior secured						SF +			5.50%			(h)						8.76%			cash/			1.00%			PIK						06/2027						701						701						—						547
			TI Intermediate Holdings, LLC+(26)			Senior secured						SF +			5.50%			(h)						8.76%			cash/			1.00%			PIK						06/2027						536						535						—						418
			TI Intermediate Holdings, LLC+(26)			Senior secured						SF +			5.50%			(h)						8.76%			cash/			1.00%			PIK						06/2027						194						194						—						151
			TI Intermediate Holdings, LLC+(26)			Senior secured						SF +			5.50%			(h)						8.76%			cash/			1.00%			PIK						06/2027						91						91						—						70
			Togetherwork Holdings, LLC*+			One stop						SF +			5.25%			(h)						9.41%															05/2031						27,693						27,653						0.7						27,416
			Togetherwork Holdings, LLC+			One stop						SF +			5.25%			(h)						9.41%															05/2031						694						665						—						647
			Togetherwork Holdings, LLC+(5)			One stop																		N/A(6)															05/2031						—						(14)						—						(24)
			Transform Bidco Limited+(8)(10)			One stop						SF +			6.75%			(i)						10.53%															01/2031						5,444						5,514						0.1						5,444
			Transform Bidco Limited+(8)(10)			One stop						SF +			6.75%			(i)						10.53%															01/2031						4,339						4,261						0.1						4,339
			Transform Bidco Limited+(8)(9)(10)(26)			One stop						A +			6.75%			(e)						7.62%			cash/			2.75%			PIK						01/2031						4,057						3,966						0.1						4,057
			Transform Bidco Limited+(8)(9)(10)(26)			One stop						SN +			6.75%			(f)						7.97%			cash/			2.75%			PIK						01/2031						644						606						—						644

See Notes to Consolidated Financial Statements.

82

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Transform Bidco Limited+(5)(8)(10)			One stop																		N/A(6)															06/2030						$	—					$	(2)					—			%			$	—
			Transform Bidco Limited+(5)(8)(10)			One stop																		N/A(6)															01/2031						—						(73)						—						—
			Transform Bidco Limited+(5)(8)(10)			One stop																		N/A(6)															01/2031						—						(33)						—						—
			Tricentis Operations Holdings, Inc.+(26)			One stop						SF +			6.25%			(i)						5.61%			cash/			4.88%			PIK						02/2032						7,741						7,707						0.2						7,741
			Tricentis Operations Holdings, Inc.+(5)			One stop																		N/A(6)															02/2032						—						(4)						—						—
			Tricentis Operations Holdings, Inc.+(5)			One stop																		N/A(6)															02/2032						—						(7)						—						—
			Vantage Bidco GMBH+(8)(9)(19)(26)			One stop						E +			6.25%			(c)						8.25%			PIK												04/2031						9,226						8,393						0.2						9,226
			Vantage Bidco GMBH+(5)(8)(9)(19)			One stop																		N/A(6)															10/2030						—						(11)						—						—
			Varinem German Midco GMBH+(8)(9)(19)			One stop						E +			5.50%			(d)						7.57%															07/2031						7,771						7,161						0.2						7,790
			Varinem German Midco GMBH+(8)(9)(19)			One stop						E +			4.75%			(d)						6.82%															07/2031						4,143						3,835						0.1						4,143
			Vendavo, Inc.+			One stop						SF +			5.75%			(i)						10.00%															09/2027						27,095						26,661						0.6						24,385
			Vendavo, Inc.+			One stop						SF +			5.75%			(i)						10.15%															09/2027						2,933						2,913						0.1						2,683
			Vendavo, Inc.+			One stop						SF +			5.75%			(i)						10.00%															09/2027						988						985						—						889
			Viper Bidco, Inc.+			One stop						SF +			4.75%			(i)						8.75%															11/2031						37,890						37,724						1.0						37,985
			Viper Bidco, Inc.+(9)			One stop						SN +			4.75%			(f)						8.72%															11/2031						18,655						17,390						0.5						18,702
			Viper Bidco, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(17)						—						—
			Viper Bidco, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(21)						—						—
			Viper Bidco, Inc.+(5)			One stop																		N/A(6)															11/2031						—						(2)						—						(5)
			WebPT, Inc.+			One stop						SF +			6.25%			(i)						10.55%															01/2028						927						920						—						778
			Zendesk, Inc.+			One stop						SF +			5.00%			(i)						9.00%															11/2028						28,368						28,286						0.7						28,368
			Zendesk, Inc.+			One stop						SF +			5.00%			(i)						9.00%															11/2028						2,179						2,164						0.1						2,179
			Zendesk, Inc.+			One stop																		N/A(6)															11/2028						—						—						—						—
																																													2,206,850						2,179,855						55.3						2,197,567
			Specialty Retail
			Ave Holdings III, Corp*+			One stop						SF +			5.50%			(j)						9.62%															02/2028						23,180						23,008						0.6						22,369
			Ave Holdings III, Corp+			One stop						SF +			5.50%			(j)						9.62%															02/2028						6,046						6,124						0.2						5,833
			Ave Holdings III, Corp+			One stop						SF +			5.50%			(j)						9.62%															02/2028						794						794						—						767
			Ave Holdings III, Corp+(5)			One stop																		N/A(6)															02/2028						—						(1)						—						(10)
			Biscuit Parent, LLC*+			One stop						SF +			4.75%			(i)						8.75%															02/2031						20,004						19,843						0.5						20,004
			Biscuit Parent, LLC+(5)			One stop																		N/A(6)															02/2031						—						(1)						—						—
			Biscuit Parent, LLC+			One stop						SF +			4.75%			(i)						8.75%															02/2031						273						233						—						273
			Cavender Stores L.P.*			Senior secured						SF +			5.00%			(i)						9.00%															10/2029						5,404						5,370						0.1						5,404
			Consilio Midco Limited+(8)(9)(10)			Senior secured						E +			4.75%			(c)						6.75%															04/2032						13,130						12,660						0.3						13,130
			Consilio Midco Limited+(8)(10)			Senior secured						SF +			4.75%			(i)						9.04%															04/2032						10,689						10,639						0.3						10,689
			Consilio Midco Limited+(8)(10)			Senior secured						SF +			4.75%			(i)						9.04%															04/2032						6,589						6,558						0.2						6,589
			Consilio Midco Limited+(8)(10)			Senior secured																		N/A(6)															04/2032						—						—						—						—
			Consilio Midco Limited+(8)(10)			Senior secured																		N/A(6)															04/2032						—						—						—						—
			Consilio Midco Limited+(8)(9)(10)(26)			Subordinated debt						E +			7.50%			(d)						9.59%			PIK												04/2033						1,345						1,294						—						1,345
			Consilio Midco Limited+(8)(10)(26)			Subordinated debt						SF +			7.50%			(j)						11.64%			PIK												04/2033						1,681						1,669						0.1						1,681
			Consilio Midco Limited+(8)(10)(26)			Subordinated debt						SF +			7.50%			(i)						11.82%			PIK												04/2033						1						1						—						1
			CVP Holdco, Inc.+			One stop						SF +			4.75%			(h)						8.91%															06/2031						13,529						13,418						0.4						13,529
			CVP Holdco, Inc.+			One stop						SF +			4.75%			(h)						8.91%															06/2031						776						761						—						776
			CVP Holdco, Inc.+(5)			One stop																		N/A(6)															06/2030						—						(11)						—						—
			Cycle Gear, Inc.+			One stop						SF +			6.75%			(h)						11.01%															04/2026						46,304						45,655						1.2						46,304
			Metal Supermarkets US Buyer, LLC+(8)(12)			One stop						SF +			4.75%			(i)						8.75%															12/2030						11,489						11,439						0.3						11,489
			Metal Supermarkets US Buyer, LLC+(8)(12)			One stop						SF +			4.75%			(i)						8.75%															12/2030						306						300						—						306
			PetVet Care Centers LLC*+			One stop						SF +			6.00%			(h)						10.16%															11/2030						4,692						4,726						0.1						4,317
			PetVet Care Centers LLC+(5)			One stop																		N/A(6)															11/2029						—						(2)						—						(6)
			PetVet Care Centers LLC+(5)			One stop																		N/A(6)															11/2030						—						(6)						—						—
			Radiance Borrower, LLC+(26)			One stop						SF +			5.75%			(h)						7.16%			cash/			2.75%			PIK						06/2031						21,950						21,820						0.6						21,950
			Radiance Borrower, LLC+			One stop						SF +			5.25%			(h)						9.41%															06/2031						205						191						—						205

See Notes to Consolidated Financial Statements.

83

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						$	5,203					$	5,207					0.1			%			$	5,216
			Salon Lofts Group, LLC+(26)			Second lien						SF +			9.00%			(i)						13.00%			PIK												09/2029						3,479						3,454						0.1						3,505
			Salon Lofts Group, LLC+(26)			Second lien						SF +			9.00%			(i)						13.00%			PIK												09/2029						1,845						1,832						0.1						1,859
			Salon Lofts Group, LLC+(26)			Second lien						SF +			9.00%			(i)						13.00%			PIK												09/2029						1,543						1,533						—						1,559
			Salon Lofts Group, LLC+(26)			Second lien						SF +			9.00%			(i)						13.00%			PIK												09/2029						902						884						—						909
			Salon Lofts Group, LLC+(26)			Second lien						SF +			9.00%			(i)						13.00%			PIK												09/2029						672						667						—						676
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						535						533						—						536
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						496						493						—						498
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						349						347						—						350
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						340						338						—						341
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						10.75%															08/2028						575						569						—						575
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						269						268						—						270
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						248						246						—						249
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						168						168						—						168
			Salon Lofts Group, LLC+(26)			Second lien						SF +			9.00%			(i)						13.00%			PIK												09/2029						171						170						—						173
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						153						153						—						154
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						112						111						—						112
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						104						104						—						104
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						85						84						—						85
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						78						78						—						79
			Salon Lofts Group, LLC+			Senior secured						SF +			5.75%			(i)						9.75%															08/2028						634						630						—						636
			Salon Lofts Group, LLC+(5)(26)			Second lien																		N/A(6)															09/2029						—						(15)						—						21
			Salon Lofts Group, LLC+(5)			Senior secured																		N/A(6)															08/2028						—						(22)						—						—
			Salon Lofts Group, LLC+(26)			Second lien						SF +			9.00%			(i)						13.00%			PIK												09/2029						685						681						—						692
			Salon Lofts Group, LLC+			Senior secured						SF +			5.25%			(i)						9.25%															08/2028						2,228						2,219						0.1						2,228
			Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd.*+			One stop						SF +			5.25%			(i)						9.25%															12/2029						32,072						31,844						0.8						31,751
			Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd.+(9)			One stop						CA +			5.25%			(l)						7.70%															12/2029						7,733						7,858						0.2						7,655
			Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd.+(5)			One stop																		N/A(6)															12/2029						—						(69)						—						(33)
			Surewerx Purchaser III, Inc. & Jet Equipment & Tools Ltd.+			One stop						SF +			5.25%			(i)						9.25%															12/2028						236						231						—						230
			Titan Fitness, LLC+(26)			One stop						SF +			7.25%			(i)						5.44%			cash/			6.25%			PIK						10/2026						41,525						40,863						0.8						31,974
			Titan Fitness, LLC+(26)			One stop						SF +			7.25%			(i)						5.44%			cash/			6.25%			PIK						10/2026						3,013						2,939						0.1						2,320
			Titan Fitness, LLC+(26)			One stop						SF +			7.25%			(i)						5.34%			cash/			6.25%			PIK						10/2026						594						570						—						399
			Titan Fitness, LLC+(26)			One stop						SF +			7.25%			(i)						6.81%			cash/			4.75%			PIK						10/2026						621						613						—						621
			Vermont Aus Pty Ltd+(8)(9)(11)			One stop						A +			5.75%			(e)						9.38%															03/2028						8,958						9,878						0.2						8,958
			Vermont Aus Pty Ltd+(8)(9)(11)			One stop						A +			5.75%			(e)						9.38%															03/2028						8,765						9,165						0.2						8,765
			VSG Acquisition Corp. and Sherrill, Inc.+(5)			One stop																		N/A(6)															10/2029						—						(1)						—						(1)
			VSG Acquisition Corp. and Sherrill, Inc.+			One stop						SF +			5.00%			(h)						9.16%															10/2029						133						126						—						130
			VSG Acquisition Corp. and Sherrill, Inc.*+			One stop						SF +			5.00%			(h)						9.16%															10/2029						16,264						15,942						0.4						16,183
																																													329,175						327,173						8.0						316,892

See Notes to Consolidated Financial Statements.

84

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Textiles, Apparel & Luxury Goods
			Dollfus Mieg Company, Inc.+(7)(8)(10)			One stop						SF +			6.00%			(i)						10.15%															03/2028						$	2,347					$	2,329					0.1			%			$	1,643
			Dollfus Mieg Company, Inc.+(7)(8)(10)			One stop						SF +			6.00%			(i)						10.15%															03/2028						1,170						1,161						—						819
			Dollfus Mieg Company, Inc.+(7)(8)(10)			One stop						SF +			6.00%			(i)						10.15%															03/2028						1,027						1,020						—						720
			Elite Sportswear, L.P.+(26)			Senior secured						SF +			7.50%			(i)						10.51%			cash/			1.25%			PIK						10/2025						9,950						9,950						0.2						9,478
			Elite Sportswear, L.P.+(26)			Senior secured						SF +			7.50%			(i)						10.51%			cash/			1.25%			PIK						10/2025						3,997						3,997						0.1						3,808
			Elite Sportswear, L.P.+(26)			Senior secured						SF +			7.50%			(i)						10.51%			cash/			1.25%			PIK						10/2025						2,058						2,058						0.1						1,960
			Elite Sportswear, L.P.+(26)			Senior secured						SF +			7.50%			(i)						10.51%			cash/			1.25%			PIK						10/2025						683						683						—						651
			Elite Sportswear, L.P.+(26)			Senior secured						SF +			7.50%			(i)						10.51%			cash/			1.25%			PIK						10/2025						312						312						—						298
			Elite Sportswear, L.P.+(26)			Senior secured						SF +			7.50%			(i)						10.51%			cash/			1.25%			PIK						10/2025						299						299						—						285
			Elite Sportswear, L.P.+(26)			Senior secured						SF +			7.50%			(i)						10.51%			cash/			1.25%			PIK						10/2025						120						120						—						115
			Elite Sportswear, L.P.+(26)			Senior secured						SF +			7.50%			(i)						10.51%			cash/			1.25%			PIK						10/2025						4						4						—						4
			Georgica Pine Clothiers, LLC+			One stop						SF +			5.50%			(i)						9.65%															11/2026						9,105						9,068						0.2						9,127
			Georgica Pine Clothiers, LLC+			One stop						SF +			5.50%			(i)						9.65%															11/2026						6,310						6,284						0.2						6,325
			Georgica Pine Clothiers, LLC+			One stop						SF +			5.50%			(i)						9.65%															11/2026						977						973						—						979
			Georgica Pine Clothiers, LLC+			One stop						SF +			5.50%			(i)						9.65%															11/2026						877						873						—						880
			Georgica Pine Clothiers, LLC+			One stop						SF +			5.50%			(i)						9.65%															11/2026						615						613						—						617
			Georgica Pine Clothiers, LLC+			One stop						SF +			5.50%			(i)						9.65%															11/2026						2						—						—						2
			Shoes For Crews Global, LLC+			Senior secured						SF +			6.50%			(h)						10.77%															07/2029						1,289						1,289						—						1,289
			Shoes For Crews Global, LLC+(26)			Senior secured						SF +			7.00%			(h)						6.27%			cash/			5.00%			PIK						07/2029						756						734						—						756
			Shoes For Crews Global, LLC+			Senior secured						SF +			6.50%			(h)						10.77%															07/2029						417						417						—						417
			Shoes For Crews Global, LLC+(5)			Senior secured																		N/A(6)															07/2029						—						(27)						—						—
																																													42,315						42,157						0.9						40,173
			Trading Companies & Distributors
			Marcone Yellowstone Buyer Inc.+(26)			One stop						SF +			7.00%			(i)						8.19%			cash/			3.25%			PIK						06/2028						20,574						20,369						0.5						18,619
			Marcone Yellowstone Buyer Inc.+(26)			One stop						SF +			7.00%			(i)						8.19%			cash/			3.25%			PIK						06/2028						21,341						20,957						0.5						19,313
			Marcone Yellowstone Buyer Inc.+(26)			One stop						SF +			7.00%			(i)						8.44%			cash/			3.25%			PIK						06/2028						6,334						6,201						0.2						5,765
			Marcone Yellowstone Buyer Inc.+(26)			One stop						SF +			7.00%			(i)						8.09%			cash/			3.25%			PIK						06/2028						2,611						2,516						0.1						2,363
			Marcone Yellowstone Buyer Inc.+(26)			One stop						SF +			7.00%			(i)						8.19%			cash/			3.25%			PIK						06/2028						6,836						6,562						0.2						6,187
																																													57,696						56,605						1.5						52,247
			Transportation Infrastructure
			LDS Intermediate Holdings, LLC+			One stop						SF +			5.00%			(h)						9.16%															02/2032						7,408						7,366						0.2						7,334
			LDS Intermediate Holdings, LLC+(5)			One stop																		N/A(6)															02/2032						—						(6)						—						(11)
			LDS Intermediate Holdings, LLC+			One stop						SF +			5.00%			(h)						9.16%															02/2032						1,467						1,459						—						1,452
			LDS Intermediate Holdings, LLC+(5)			One stop																		N/A(6)															02/2032						—						(5)						—						(9)
			LDS Intermediate Holdings, LLC+			One stop						SF +			5.00%			(h)						9.16%															02/2032						91						90						—						90
																																													8,966						8,904						0.2						8,856
			Water Utilities
			S.J. Electro Systems, LLC*			Senior secured						SF +			4.75%			(i)						9.21%															06/2027						24,226						24,113						0.6						24,226
			S.J. Electro Systems, LLC*+			Senior secured						SF +			4.75%			(i)						9.21%															06/2027						18,582						18,550						0.5						18,582
			S.J. Electro Systems, LLC+			Senior secured						SF +			4.75%			(i)						9.21%															06/2027						1,172						1,166						—						1,172
			S.J. Electro Systems, LLC+(5)			Senior secured																		N/A(6)															06/2027						—						(39)						—						—
			S.J. Electro Systems, LLC+(5)			Senior secured																		N/A(6)															06/2027						—						(2)						—						—
			S.J. Electro Systems, LLC+			Senior secured						SF +			4.75%			(h)						9.01%															06/2027						180						179						—						180
			S.J. Electro Systems, LLC+			Senior secured						SF +			4.75%			(h)						9.01%															06/2027						240						239						—						240
			Vessco Midco Holdings, LLC*			One stop						SF +			4.75%			(h)(j)						8.93%															07/2031						22,500						22,313						0.6						22,500
			Vessco Midco Holdings, LLC+			One stop						SF +			4.75%			(h)(j)						8.89%															07/2031						4,075						4,044						0.1						4,075
			Vessco Midco Holdings, LLC+(5)			One stop																		N/A(6)															07/2031						—						(21)						—						—
																																													70,975						70,542						1.8						70,975
			Total non-controlled/non-affiliate company debt investments																																										8,064,825						7,974,174						200.3						7,978,756

See Notes to Consolidated Financial Statements.

85

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Equity investments (23)(24)
			Aerospace & Defense
			PPW Aero Buyer, Inc.+			Preferred stock						N/A												N/A															02/2023						N/A						93						$	948					—			%			$	672
			Tronair Parent, Inc.+			Common stock						N/A												N/A															07/2021						N/A						—						40						—						98
																																																									988						—						770
			Air Freight & Logistics
			RJW Group Holdings, Inc.+(25)			LLC units						N/A												N/A															11/2024						N/A						4,370						2,689						0.1						3,469
			Auto Components
			Arnott, LLC+			LP units						N/A												N/A															12/2024						N/A						—						350						—						314
			Polk Acquisition Corp.+			LP interest						N/A												N/A															06/2016						N/A						5						314						—						30
																																																									664						—						344
			Automobiles
			CAP-KSI Holdings, LLC+			Preferred stock						N/A												N/A															06/2024						N/A						645						645						—						717
			CAP-KSI Holdings, LLC+			Common stock						N/A												N/A															06/2024						N/A						645						—						—						167
			CG Group Holdings, LLC+			LLC units						N/A												N/A															07/2021						N/A						1						983						—						718
			Go Car Wash Parent, Corp.+(25)			Common stock						N/A												17.00%			Non-Cash												04/2022						N/A						—						3,794						0.1						3,678
			Go Car Wash Parent, Corp.+			Preferred stock						N/A												N/A															04/2022						N/A						—						553						—						—
			MOP GM Holding, LLC+			Common stock						N/A												N/A															11/2020						N/A						—						499						—						473
			MOP GM Holding, LLC+			Preferred stock						N/A												N/A															06/2024						N/A						—						51						—						63
			National Express Wash Parent Holdco, LLC+			LLC units						N/A												N/A															07/2022						N/A						1						103						—						176
			POY Holdings, LLC+			LP interest						N/A												N/A															11/2022						N/A						446						820						—						483
			Quick Quack Car Wash Holdings, LLC+			LLC units						N/A												N/A															06/2024						N/A						1,085						1,085						0.1						1,421
			Quick Quack Car Wash Holdings, LLC+			Preferred stock						N/A												N/A															06/2024						N/A						215						215						—						270
			Yorkshire Parent, Inc.+			LP interest						N/A												N/A															12/2023						N/A						—						544						—						626
																																																									9,292						0.2						8,792
			Beverages
			Spindrift Beverage Co. Inc.+			LLC interest						N/A												N/A															02/2025						N/A						2						2,039						0.1						2,501
			Biotechnology
			Cobepa BlueSky Aggregator, SCSp+(25)			LP units						N/A												N/A															10/2023						N/A						4						40						—						45
			Cobepa BlueSky Aggregator, SCSp+(25)			LLC units						N/A												15.00%			Non-Cash												04/2024						N/A						5						61						—						57
			Cobepa BlueSky Aggregator, SCSp+			Common stock						N/A												N/A															12/2021						N/A						219						1,899						—						47
																																																									2,000						—						149
			Building Products
			BECO Holding Company, Inc.+(25)			Common stock						N/A												11.75%			Non-Cash												11/2021						N/A						132						20,273						0.5						20,736
			BECO Holding Company, Inc.+			Common stock						N/A												N/A															11/2021						N/A						10						1,218						—						1,116
																																																									21,491						0.5						21,852
			Chemicals
			Inhance Parent, Inc.+			LP interest						N/A												N/A															07/2018						N/A						—						124						—						—

See Notes to Consolidated Financial Statements.

86

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Inhance Parent, Inc.+			LP units						N/A												N/A															09/2025						N/A						12						$	—					—			%			$	328
			Inhance Parent, Inc.+			LP units						N/A												N/A															12/2021						N/A						12						7,284						—						—
																																																									7,408						—						328
			Commercial Services & Supplies
			CI (Quercus) Intermediate Holdings, LLC+			Preferred stock						N/A												N/A															10/2021						N/A						773						836						—						993
			CHA Vision Holdings, Inc.+			Warrant						N/A												N/A															01/2024						N/A						—						461						—						610
			North Haven Stack Buyer, LLC			Preferred stock						N/A												N/A															07/2021						N/A						516						637						—						1,244
			PT Intermediate Holdings III, LLC+			Preferred stock						N/A												N/A															12/2021						N/A						16						1,787						0.1						1,918
			Radwell Parent, LLC+			Preferred stock						N/A												N/A															03/2022						N/A						4						477						—						467
																																																									4,198						0.1						5,232
			Containers & Packaging
			Chase Intermediate+			LP units						N/A												N/A															04/2022						N/A						217						209						—						351
			Packaging Coordinators Midco, Inc.+			LP units						N/A												N/A															09/2025						N/A						45						450						—						450
																																																									659						—						801
			Diversified Consumer Services
			CHHJ Midco, LLC+(25)			LP interest						N/A												N/A															01/2021						N/A						27						311						—						428
			CHVAC Services Investment, LLC+			Preferred stock						N/A												N/A															05/2024						N/A						105						267						—						453
			DP Flores Holdings, LLC+			Preferred stock						N/A												N/A															09/2022						N/A						106						98						—						170
			EMS LINQ, LLC+			Preferred stock						N/A												N/A															12/2021						N/A						761						758						—						236
			EWC Growth Partners LLC+			Preferred stock						N/A												N/A															03/2020						N/A						—						12						—						—
			FPG Intermediate Holdco, LLC+			LLC units						N/A												N/A															07/2025						N/A						18						6,655						0.2						6,637
			HS Spa Holdings, Inc.+			Warrant						N/A												N/A															05/2022						N/A						729						732						—						587
			Kodiak Buyer, LLC+			LP interest						N/A												N/A															08/2025						N/A						4						373						—						373
			Liminex, Inc.+			Preferred stock						N/A												N/A															11/2020						N/A						17						633						—						410
			NSG Buyer, Inc. +			Preferred stock						N/A												N/A															11/2022						N/A						3						2,992						0.1						4,203
			PADI Holdco, Inc.+(25)			LLC interest						N/A												N/A															07/2017						N/A						1						945						0.1						1,392
			Project Alpha Intermediate Holdings, Inc.+			Common stock						N/A												N/A															05/2025						N/A						327						1,359						0.1						1,410
			Virginia Green Acquisition, LLC+			Preferred stock						N/A												N/A															12/2023						N/A						397						407						—						454
																																																									15,542						0.5						16,753
			Electric Utilities
			Smart Energy Systems, Inc.+			Preferred stock						N/A												N/A															01/2025						N/A						18						96						—						458
			Electrical Equipment
			Wildcat TopCo, Inc.+			Preferred stock						N/A												N/A															12/2024						N/A						503						503						—						675
			Electronic Equipment, Instruments & Components
			Inventus Power, Inc.+			Preferred stock						N/A												N/A															03/2014						N/A						—						372						—						168
			Inventus Power, Inc.+			LLC units						N/A												N/A															04/2018						N/A						—						88						—						276
			Inventus Power, Inc.+			Common stock						N/A												N/A															05/2019						N/A						—						20						—						61
			Inventus Power, Inc.+			Common stock						N/A												N/A															03/2014						N/A						—						—						—						—
																																																									480						—						505
			Food & Staples Retailing
			Hopdoddy Holdings, LLC+			LLC units						N/A												N/A															08/2015						N/A						44						217						—						271
			Hopdoddy Holdings, LLC+			LLC units						N/A												N/A															02/2016						N/A						20						61						—						60
			Mendocino Farms, LLC+			Common stock						N/A												N/A															06/2018						N/A						227						1,041						0.1						1,421
			PDI TA Holdings, Inc.+			Preferred stock						N/A												N/A															02/2023						N/A						135						4,613						0.2						6,591

See Notes to Consolidated Financial Statements.

87

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Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Ruby Slipper Cafe LLC, The+			Warrant						N/A												N/A															06/2024						N/A						3						$	47					—			%			$	53
			Ruby Slipper Cafe LLC, The+			LLC interest						N/A												N/A															01/2018						N/A						38						423						—						85
			Ruby Slipper Cafe LLC, The+			LLC interest						N/A												N/A															08/2020						N/A						2						28						—						54
																																																									6,430						0.3						8,535
			Food Products
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															06/2021						N/A						107						195						—						277
			Borrower R365 Holdings, LLC+			LLC units						N/A												N/A															05/2023						N/A						6						14						—						14
			Borrower R365 Holdings, LLC+			LLC units						N/A												N/A															01/2022						N/A						4						9						—						11
			Borrower R365 Holdings, LLC+			LLC units						N/A												N/A															06/2022						N/A						1						3						—						4
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															06/2022						N/A						2						4						—						5
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															05/2023						N/A						1						3						—						4
			Borrower R365 Holdings, LLC+			Preferred stock						N/A												N/A															05/2023						N/A						—						1						—						1
			Borrower R365 Holdings, LLC+			LLC units						N/A												N/A															04/2024						N/A						21						73						—						66
			Kodiak Cakes, LLC+			Preferred stock						N/A												N/A															06/2021						N/A						—						557						0.1						1,914
			Louisiana Fish Fry Products, Ltd.+			Preferred stock						N/A												N/A															07/2021						N/A						—						599						—						273
			Louisiana Fish Fry Products, Ltd.+			Preferred stock						N/A												N/A															09/2022						N/A						—						24						—						36
			P&P Food Safety Holdings, Inc.+			LP units						N/A												N/A															03/2024						N/A						—						31						—						42
			P&P Food Safety Holdings, Inc.+			Common stock						N/A												N/A															12/2020						N/A						5						434						—						312
			Purfoods, LLC+			LLC interest						N/A												N/A															05/2016						N/A						—						945						0.2						5,892
			Zullas, L.C.+			Warrant						N/A												N/A															06/2025						N/A						—						250						—						250
																																																									3,142						0.3						9,101
			Healthcare Equipment & Supplies
			Aspen Medical Products, LLC+			LP interest						N/A												N/A															06/2019						N/A						—						98						—						96
			Blue River Pet Care, LLC+			LP interest						N/A												N/A															08/2019						N/A						—						734						—						794
			CCSL Holdings, LLC+			Preferred stock						N/A												N/A															12/2020						N/A						—						499						—						676
			Centegix Intermediate II, LLC+			Preferred stock						N/A												N/A															08/2025						N/A						600						600						—						600
			CMI Parent Inc.+			Common stock						N/A												N/A															08/2019						N/A						—						557						—						677
			CMI Parent Inc.+			Common stock						N/A												N/A															08/2019						N/A						8						483						—						1,034
			Isto Group, Inc.+(9)			LP units						N/A												N/A															09/2025						N/A						3						369						—						365
			JHC Investment Intermediate Holdings, LLC+			LP units						N/A												N/A															03/2024						N/A						5,293						—						0.1						1,761
																																																									3,340						0.1						6,003
			Healthcare Providers & Services
			Active Day, Inc.+			LLC interest						N/A												N/A															12/2015						N/A						2						1,099						0.1						2,207
			Acuity Eyecare Holdings, LLC+			LLC interest						N/A												N/A															03/2017						N/A						1,632						2,235						0.2						5,684
			Acuity Eyecare Holdings, LLC+			LLC units						N/A												N/A															05/2021						N/A						889						1,023						0.1						3,651
			ADCS Clinics Intermediate Holdings, LLC+			Preferred stock						N/A												N/A															05/2016						N/A						2						1,119						—						1,154
			ADCS Clinics Intermediate Holdings, LLC+			Common stock						N/A												N/A															05/2016						N/A						—						6						—						—
			AVG Intermediate Holdings & AVG Subsidiary Holdings LLC+			Warrant						N/A												N/A															03/2021						N/A						180						192						—						140
			CRH Healthcare Purchaser, Inc.+			Preferred stock						N/A												N/A															12/2018						N/A						531						456						—						824

See Notes to Consolidated Financial Statements.

88

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Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			DCA Investment Holding, LLC(7)(25)			Preferred stock						N/A												8.00%			Non-Cash												12/2022						N/A						1,142						$	659					—			%			$	—
			DCA Investment Holding, LLC			LP units						N/A												N/A															12/2022						N/A						12						5						—						—
			Emerge Intermediate, Inc.+			LLC units						N/A												N/A															02/2021						N/A						—						749						—						—
			Emerge Intermediate, Inc.+			LLC units						N/A												N/A															02/2021						N/A						—						79						—						—
			Emerge Intermediate, Inc.+			LLC units						N/A												N/A															02/2021						N/A						11						4						—						—
			Encorevet Group LLC+			LLC units						N/A												N/A															05/2024						N/A						3						261						—						100
			ERC Topco Holdings, LLC+			LLC units						N/A												N/A															03/2025						N/A						3						4,841						0.1						3,870
			HP TLE Buyer, Inc.+			LP units						N/A												N/A															07/2025						N/A						450						450						—						450
			Krueger-Gilbert Health Physics, LLC+			LP interest						N/A												N/A															05/2019						N/A						239						324						—						683
			MWD Management, LLC & MWD Services, Inc.+			LLC interest						N/A												N/A															06/2017						N/A						412						335						—						620
			New Look Corporation and New Look Vision Group Inc. +(8)(9)(12)			LLC units						N/A												N/A															05/2021						N/A						—						409						—						451
			Pinnacle Treatment Centers, Inc.+			LLC interest						N/A												N/A															08/2016						N/A						—						528						—						621
			Pinnacle Treatment Centers, Inc.+			LLC interest						N/A												N/A															08/2016						N/A						4						74						—						—
			Pyramid Healthcare Acquisition Corp.+			Preferred stock						N/A												N/A															05/2021						N/A						257						310						—						380
			Radiology Partners, Inc.+			LLC units						N/A												N/A															02/2018						N/A						11						68						—						94
			Radiology Partners, Inc.+			LLC interest						N/A												N/A															09/2014						N/A						43						55						—						374
			Sage Dental Management, LLC+			LLC units						N/A												N/A															10/2012						N/A						—						249						—						657
			Sage Dental Management, LLC+			LLC units						N/A												N/A															10/2012						N/A						3						3						—						—
			Southern Veterinary Partners, LLC+(25)			Preferred stock						N/A												10.00%			Non-Cash												12/2024						N/A						5						1,380						0.1						5,319
			Southern Veterinary Partners, LLC+(25)			LP units						N/A												10.00%			Non-Cash												12/2024						N/A						—						265						—						442
			Southern Veterinary Partners, LLC+			Preferred stock						N/A												N/A															12/2024						N/A						52						81						—						845
			Southern Veterinary Partners, LLC+			LP interest						N/A												N/A															12/2024						N/A						4						15						—						70
			Southern Veterinary Partners, LLC+(25)			LLC units						N/A												10.00%			Non-Cash												12/2024						N/A						—						14						—						52
			Southern Veterinary Partners, LLC+(25)			LP interest						N/A												10.00%			Non-Cash												12/2024						N/A						—						3						—						4
			Southern Veterinary Partners, LLC+			LLC units						N/A												N/A															12/2024						N/A						1						—						—						8
			Southern Veterinary Partners, LLC+			LLC units						N/A												N/A															12/2024						N/A						—						—						—						1
			Suveto Buyer, LLC+			Common stock						N/A												N/A															11/2021						N/A						8						727						—						573
																																																									18,018						0.6						29,274
			Healthcare Technology
			Amberfield Acquisition Co.+			Preferred stock						N/A												N/A															05/2024						N/A						446						449						—						531
			Connexin Software, Inc.+			LLC interest						N/A												N/A															02/2018						N/A						180						228						—						335
			Connexin Software, Inc.+			Preferred stock						N/A												N/A															02/2024						N/A						12						16						—						27
			HSI Halo Acquisition, Inc.+(25)			Preferred stock						N/A												10.00%			Non-Cash												10/2019						N/A						—						127						—						258
			HSI Halo Acquisition, Inc.+			Preferred stock						N/A												N/A															10/2019						N/A						—						14						—						156
			Modernizing Medicine, Inc.+(25)			Warrant						N/A												13.00%			Non-Cash												04/2025						N/A						5						4,689						0.1						4,794
			Symplr Software, Inc.+(25)			LLC units						N/A												11.00%			Non-Cash												10/2021						N/A						15						21,349						0.5						20,627
			Symplr Software, Inc.+(25)			Common stock						SF +			10.50%			(i)						14.50%			Non-Cash												11/2018						N/A						3						6,594						0.2						7,498
			Symplr Software, Inc.+(25)			Common stock						N/A												11.00%			Non-Cash												12/2020						N/A						2						2,694						0.1						2,737
			Symplr Software, Inc.+(25)			Preferred stock						N/A												11.00%			Non-Cash												06/2021						N/A						1						1,621						0.1						1,601
			Symplr Software, Inc.+			LP interest						N/A												N/A															09/2021						N/A						—						161						—						131

See Notes to Consolidated Financial Statements.

89

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Symplr Software, Inc.+			Common stock						N/A												N/A															11/2018						N/A						219						$	237					—			%			$	756
			Tebra Technologies, Inc.+			LP units						N/A												N/A															07/2022						N/A						348						2,824						0.1						4,942
			Tebra Technologies, Inc.+			Preferred stock						N/A												N/A															03/2019						N/A						169						871						—						926
			Tebra Technologies, Inc.+			Warrant						N/A												N/A															06/2017						N/A						53						162						—						—
			Tebra Technologies, Inc.+			LP interest						N/A												N/A															09/2018						N/A						1						8						—						17
			Veranex, Inc.+			LP units						N/A												N/A															08/2025						N/A						135						30						—						16
			Veranex, Inc.+			LP units						N/A												N/A															08/2025						N/A						472						—						—						—
			Veranex, Inc.+			LP units						N/A												N/A															08/2025						N/A						60						—						—						—
																																																									42,074						1.1						45,352
			Hotels, Restaurants & Leisure
			Cafe Rio Holding, Inc.+			Common stock						N/A												N/A															09/2017						N/A						5						603						—						416
			Harri US LLC+			LP units						N/A												N/A															02/2022						N/A						119						892						—						731
			Harri US LLC+			Common stock						N/A												N/A															10/2021						N/A						102						649						—						610
			Harri US LLC+			LP interest						N/A												N/A															10/2021						N/A						34						171						—						204
			Harri US LLC+			Preferred stock						N/A												N/A															10/2023						N/A						96						1,141						0.1						1,407
			Harri US LLC+			LLC units						N/A												N/A															03/2024						N/A						9						69						—						137
			Harri US LLC+			Warrant						N/A												N/A															02/2025						N/A						10						—						—						—
			Harri US LLC+			Warrant						N/A												N/A															06/2025						N/A						9						107						—						123
			LMP TR Holdings, LLC			LLC units						N/A												N/A															05/2013						N/A						712						712						—						—
			Patriot Acquireco, LLC+			LP units						N/A												N/A															09/2025						N/A						450						450						—						450
			PB Group Holdings, LLC+			Preferred stock						N/A												N/A															08/2024						N/A						383						886						—						946
			Rooster BidCo Limited+(8)(10)			LLC units						N/A												N/A															03/2025						N/A						1,258						1,301						0.1						1,925
			Saguaro Buyer, LLC+			LP units						N/A												N/A															07/2025						N/A						—						250						—						266
			SSRG Holdings, LLC+			Warrant						N/A												N/A															11/2019						N/A						46						493						—						515
																																																									7,724						0.2						7,730
			Insurance
			Majesco+(25)			Warrant						N/A												9.00%			Non-Cash												09/2020						N/A						—						592						—						668
			Majesco+			Preferred stock						N/A												N/A															09/2020						N/A						97						94						—						321
			Oakbridge Insurance Agency LLC+			Preferred stock						N/A												N/A															11/2023						N/A						20						404						—						506
																																																									1,090						—						1,495
			Internet & Direct Marketing Retail
			Revalize, Inc.+			Preferred stock						N/A												N/A															12/2021						N/A						25						26,216						0.5						21,278
			Revalize, Inc.+			Preferred stock						N/A												N/A															12/2021						N/A						15						15,735						0.3						12,771
			Revalize, Inc.+			LP units						N/A												N/A															12/2022						N/A						11						11,050						0.2						8,334
			Revalize, Inc.+			LP units						N/A												N/A															04/2022						N/A						4						4,285						0.1						3,171
																																																									57,286						1.1						45,554
			IT Services
			Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc.+			LP interest						N/A												N/A															02/2020						N/A						804						2,398						0.2						8,624
			Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc.+			LLC units						N/A												N/A															10/2020						N/A						211						931						0.1						2,262
			Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc.+			Preferred stock						N/A												N/A															07/2021						N/A						48						407						—						519
			Arctic Wolf Networks, Inc. and Arctic Wolf Networks Canada, Inc.+			LLC interest						N/A												N/A															08/2020						N/A						277						779						0.1						2,818
			Critical Start, Inc.+			LLC units						N/A												N/A															05/2022						N/A						343						379						—						158
			Kentik Technologies, Inc.+			LP units						N/A												N/A															09/2021						N/A						509						2,933						0.1						2,944
			Kentik Technologies, Inc.+			Preferred stock						N/A												N/A															11/2024						N/A						1						3						—						4
			Netwrix Corporation+			Common stock						N/A												N/A															06/2022						N/A						7						19						—						18
			Optimizely North America, Inc.+			LLC interest						N/A												N/A															10/2018						N/A						92						1,016						0.1						1,369

See Notes to Consolidated Financial Statements.

90

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Saturn Borrower Inc.+			LP interest						N/A												N/A															09/2020						N/A						520						$	470					—			%			$	607
																																																									9,335						0.6						19,323
			Leisure Products
			Massage Envy, LLC+			LLC interest						N/A												N/A															09/2012						N/A						749						210						0.1						1,930
			Movement Holdings, LLC+(8)(10)			LP units						N/A												N/A															03/2024						N/A						—						152						—						87
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						82						141						—						116
			WBZ Investment, LLC+			LLC units						N/A												N/A															09/2018						N/A						56						96						—						80
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						47						78						—						65
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						41						70						—						58
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						18						29						—						24
			WBZ Investment, LLC+			LLC interest						N/A												N/A															09/2018						N/A						2						2						—						2
																																																									778						0.1						2,362
			Life Sciences Tools & Services
			Celerion Buyer, Inc.+(25)			LLC interest						N/A												N/A															11/2022						N/A						1,302						1,096						—						727
			Celerion Buyer, Inc.+			Common stock						N/A												N/A															11/2022						N/A						1,302						188						0.1						3,778
			PAS Parent Inc.+			LLC units						N/A												N/A															12/2021						N/A						15						1,651						0.1						1,914
			PAS Parent Inc.+			Preferred stock						N/A												N/A															03/2023						N/A						2						267						—						342
																																																									3,202						0.2						6,761
			Oil, Gas & Consumable Fuels
			W3 Co.+			LLC interest						N/A												N/A															03/2017						N/A						3						1,632						—						928
			W3 Co.+			Common stock						N/A												N/A															01/2019						N/A						—						224						—						224
																																																									1,856						—						1,152
			Paper & Forest Products
			Messenger, LLC+			Preferred stock						N/A												N/A															12/2021						N/A						8						667						—						853
			Messenger, LLC+			Preferred stock						N/A												N/A															12/2021						N/A						1						—						—						—
																																																									667						—						853
			Pharmaceuticals
			Amalthea Parent, Inc.+(8)(12)			LP interest						N/A												N/A															03/2021						N/A						701						605						—						472
			Cobalt Buyer Sub, Inc.+(25)			LP interest						N/A												13.75%			Non-Cash												10/2021						N/A						11						18,419						0.5						18,854
			Cobalt Buyer Sub, Inc.+			LP interest						N/A												N/A															10/2021						N/A						—						246						—						100
			Cobalt Buyer Sub, Inc.+			Preferred stock						N/A												N/A															10/2021						N/A						3						2						—						—
			Creek Parent, Inc.+			Preferred stock						N/A												N/A															12/2024						N/A						3,372						3,372						0.1						3,608
																																																									22,644						0.6						23,034
			Professional Services
			Eclipse Buyer, Inc.+(25)			LP units						N/A												12.50%			Non-Cash												09/2024						N/A						—						1,824						0.1						1,853
			Enboarder, Inc.+(8)			LLC units						N/A												N/A															01/2022						N/A						83						859						—						537
			Filevine, Inc.+			LP interest						N/A												N/A															04/2022						N/A						362						2,867						0.2						6,388
			Filevine, Inc.+			LP units						N/A												N/A															04/2022						N/A						54						224						—						843
			Filevine, Inc.+			LLC units						N/A												N/A															05/2024						N/A						21						176						—						373
			Net Health Acquisition Corp.+			LP interest						N/A												N/A															12/2017						N/A						14						1,684						0.1						2,417
			Procure Acquireco, Inc.+			LP interest						N/A												N/A															12/2021						N/A						—						901						—						1,199
																																																									8,535						0.4						13,610
			Real Estate Management & Development
			Inhabit IQ Inc.+			LP interest						N/A												N/A															01/2018						N/A						2						528						—						587
			SC Landco Parent, LLC+			Common stock						N/A												N/A															09/2022						N/A						2						274						—						266
																																																									802						—						853
			Road & Rail
			Internet Truckstop Group, LLC+			Warrant						N/A												N/A															04/2019						N/A						554						587						—						352

See Notes to Consolidated Financial Statements.

91

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Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Software
			Anaplan, Inc.+			LLC units						N/A												N/A															06/2022						N/A						962						$	1,254					0.1			%			$	1,675
			Aras Corporation+(25)			LLC units						N/A												12.00%			Non-Cash												04/2021						N/A						1						2,212						0.1						2,435
			Aras Corporation+			Common stock						N/A												N/A															04/2021						N/A						427						446						—						776
			Astute Holdings, Inc.+			LP interest						N/A												N/A															04/2019						N/A						—						520						—						114
			Auvik Networks Inc.+(8)(12)			LLC units						N/A												N/A															07/2021						N/A						37						405						—						584
			Auvik Networks Inc.+(8)(12)			LP units						N/A												N/A															02/2023						N/A						4						46						—						66
			Bayshore Intermediate #2, L.P.+			LLC units						N/A												N/A															10/2021						N/A						5,841						5,890						0.2						7,482
			Calabrio, Inc.+			LP interest						N/A												N/A															04/2021						N/A						1						1,157						—						1,037
			Calabrio, Inc.+			Preferred stock						N/A												N/A															04/2021						N/A						134						0						—						0
			CB Buyer, Inc.+			Preferred stock						N/A												N/A															07/2024						N/A						258						258						—						160
			Cloudbees, Inc.+			LP interest						N/A												N/A															11/2021						N/A						179						2,007						0.1						2,149
			Cloudbees, Inc.+			Warrant						N/A												N/A															05/2018						N/A						158						445						—						1,120
			Cloudbees, Inc.+			Preferred stock						N/A												N/A															06/2018						N/A						86						602						—						821
			Cynet Security Ltd.+(8)(15)			Preferred stock						N/A												N/A															08/2022						N/A						220						855						—						1,172
			Denali Bidco Limited+(8)(10)			LP units						N/A												N/A															08/2023						N/A						431						312						—						732
			Diligent Corporation+(25)			LP interest						N/A												10.50%			Non-Cash												04/2021						N/A						24						33,902						0.9						35,506
			Diligent Corporation+			Preferred stock						N/A												N/A															04/2016						N/A						415						912						—						1,065
			Energy Worldnet, LLC+(25)			Preferred stock						N/A												N/A															02/2025						N/A						50						52						—						54
			FirstUp, Inc.+			Common stock						N/A												N/A															07/2021						N/A						305						661						—						242
			FirstUp, Inc.+			LP units						N/A												N/A															03/2025						N/A						14						27						—						30
			GS Acquisitionco, Inc.+(25)			LP interest						N/A												11.00%			Non-Cash												04/2021						N/A						35						50,596						1.3						52,892
			GS Acquisitionco, Inc.+(25)			Preferred stock						N/A												11.00%			Non-Cash												11/2021						N/A						5						6,447						0.2						6,572
			GS Acquisitionco, Inc.+			Preferred stock						N/A												N/A															09/2021						N/A						1						363						—						341
			GS Acquisitionco, Inc.+(25)			Preferred stock						SF +			10.50%			(i)						14.50%			Non-Cash												08/2023						N/A						—						139						—						138
			GTY Technology Holdings, Inc.+			Common stock						N/A												N/A															07/2022						N/A						73						91						—						165
			Gurobi Optimization, LLC+			LLC units						N/A												N/A															09/2024						N/A						—						709						—						775
			Impartner, Inc.+			LP interest						N/A												N/A															10/2021						N/A						39						307						—						211
			Kaseya Inc.+(25)			Preferred stock						SF +			10.75%			(i)						14.92%			Non-Cash												06/2022						N/A						2						3,700						0.1						3,635
			Kaseya Inc.+			Common stock						N/A												N/A															06/2022						N/A						250						252						—						263
			LogicMonitor, Inc.+			LLC units						N/A												N/A															12/2024						N/A						250						250						—						277
			Menlo Ridgeview Co-Invest, LLC+(8)			LLC units						N/A												N/A															05/2025						N/A						931						954						—						996
			Ministry Brands Holdings LLC+			Warrant						N/A												N/A															12/2021						N/A						799						774						—						613
			Onapsis, Inc., Virtual Forge GMBH and Onapsis GMBH+			LP interest						N/A												N/A															10/2019						N/A						6						17						—						17
			Onit, Inc.+(25)			Common stock						N/A												N/A															09/2025						N/A						—						14						—						14
			Panzura, LLC+			LLC units						N/A												N/A															03/2025						N/A						2						6						—						—
			Personify, Inc.+			LLC interest						N/A												N/A															09/2018						N/A						879						1,396						0.1						2,241
			Pluralsight, LLC+			Common stock						N/A												N/A															08/2024						N/A						1,988						3,663						0.1						3,512
			QAD, Inc.+			LLC units						N/A												N/A															11/2021						N/A						1						1,186						—						1,004
			QAD, Inc.+			LP interest						N/A												N/A															11/2021						N/A						68						134						—						279
			RegEd Aquireco, LLC+			LP interest						N/A												N/A															12/2018						N/A						—						358						—						161
			RegEd Aquireco, LLC+			LLC units						N/A												N/A															07/2023						N/A						—						29						—						37
			RegEd Aquireco, LLC+			LP interest						N/A												N/A															12/2018						N/A						4						21						—						0
			Riskonnect Parent, LLC+(25)			Preferred stock						N/A												11.00%			Non-Cash												04/2022						N/A						26						36,381						0.9						36,658

See Notes to Consolidated Financial Statements.

92

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Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Acquisition Date						Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Riskonnect Parent, LLC+			Preferred stock						N/A												N/A															11/2021						N/A						1,382						$	1,414					0.1			%			$	1,393
			Riskonnect Parent, LLC+(25)			LP units						SF +			10.50%			(i)						14.70%			Non-Cash												07/2022						N/A						—						1,067						—						1,074
			Riskonnect Parent, LLC+(25)			LLC units						N/A												10.50%			Non-Cash												06/2024						N/A						—						56						—						61
			Rokt Inc.+			LLC units						N/A												N/A															01/2025						N/A						20						683						—						763
			SnapLogic, Inc.+			Warrant						N/A												N/A															09/2019						N/A						344						1,028						0.1						2,007
			SnapLogic, Inc.+			Common stock						N/A												N/A															09/2019						N/A						131						162						—						517
			Spartan Buyer Acquisition Co.+			LP units						N/A												N/A															12/2020						N/A						1						794						—						412
			Spartan Buyer Acquisition Co.+			LP units						N/A												N/A															12/2022						N/A						—						110						—						136
			StrongDM, Inc.+			Preferred stock						N/A												N/A															05/2025						N/A						424						2,257						0.1						2,349
			Telesoft Holdings LLC+			LP interest						N/A												N/A															12/2019						N/A						137						129						—						120
			Templafy APS and Templafy, LLC+(8)(18)			Preferred stock						N/A												N/A															07/2022						N/A						—						82						—						21
			Togetherwork Holdings, LLC+			Preferred stock						N/A												N/A															07/2024						N/A						307						1,342						0.1						1,376
			Transform Bidco Limited+(8)(10)			LP units						N/A												N/A															04/2025						N/A						2,349						2,349						0.1						2,432
			Tricentis Operations Holdings, Inc.+			Preferred stock						N/A												N/A															02/2025						N/A						40						40						—						44
			Zendesk, Inc.+			LP units						N/A												N/A															11/2022						N/A						63						708						—						648
																																																									171,971						4.6						181,374
			Specialty Retail
			Ave Holdings III, Corp+(25)			Preferred stock						N/A												11.50%			Non-Cash												02/2022						N/A						15						20,613						0.4						15,226
			Ave Holdings III, Corp+			Preferred stock						N/A												N/A															02/2022						N/A						2						1,737						—						157
			Batteries Plus Holding Corporation+			LP interest						N/A												N/A															07/2016						N/A						10						1,287						0.1						1,399
			Cycle Gear, Inc.+			LLC units						N/A												N/A															02/2016						N/A						2,002						481						—						356
			Cycle Gear, Inc.+			Warrant						N/A												N/A															01/2023						N/A						75						75						—						160
			Metal Supermarkets US Buyer, LLC+(8)(12)			LLC units						N/A												N/A															12/2024						N/A						3						347						—						370
			Metal Supermarkets US Buyer, LLC+(8)(12)			Preferred stock						N/A												N/A															12/2024						N/A						1						—						—						29
			Salon Lofts Group, LLC+			Preferred stock						N/A												N/A															08/2022						N/A						—						137						—						111
			VSG Acquisition Corp. and Sherrill, Inc.+			LP interest						N/A												N/A															04/2022						N/A						—						57						—						92
																																																									24,734						0.5						17,900
			Textiles, Apparel & Luxury Goods
			Georgica Pine Clothiers, LLC+(25)			LLC interest						N/A												N/A															11/2015						N/A						20						239						—						292
			Georgica Pine Clothiers, LLC+			Common stock						N/A												N/A															08/2020						N/A						—						—						—						2
			MakerSights, Inc.+			Common stock						N/A												N/A															06/2021						N/A						56						265						—						101
			Shoes For Crews Global, LLC+			LLC units						N/A												N/A															06/2024						N/A						2						1,083						—						1,366
																																																									1,587						—						1,761
			Total non-controlled/non-affiliate company equity investments																																																						453,851						12.2						485,008
			Total non-controlled/non-affiliate company investments																																																						8,428,025						212.5						8,463,764

See Notes to Consolidated Financial Statements.

93

TABLE OF CONTENTS

Golub Capital BDC, Inc. and Subsidiaries

Consolidated Schedule of Investments - (continued)

September 30, 2025

(Dollar and share amounts in thousands)

						Investment Type						Spread Above Index(1)												Interest Rate(2)															Maturity Date						Principal ($) / Shares(3)						Amortized Cost						Percentage of Net Assets						Fair Value (4)
			Non-controlled/affiliate company investments(28)
			Debt investments
			Beverages
			Abita Brewing Co., L.L.C.+(7)(26)			One stop						SF +			1.00%			(i)						5.00%			PIK												06/2027						$	7,589					$	7,071					0.1			%			$	2,732
			Abita Brewing Co., L.L.C.+(7)(26)			Second lien						SF +			1.00%			(i)						5.00%			PIK												06/2027						5,224						3,725						—						210
			Abita Brewing Co., L.L.C.+(26)			One stop						SF +			1.00%			(i)						5.13%			PIK												06/2027						2,748						2,748						0.1						2,274
																																													15,561						13,544						0.2						5,216
			Energy, Equipment & Services
			Benetech, Inc.+(7)(26)			One stop						SF +			1.00%			(i)						5.00%			PIK												08/2027						4,991						3,623						0.1						1,997
			Benetech, Inc.+(7)(26)			One stop						SF +			1.00%			(i)						5.00%			PIK												08/2027						1,105						732						—						92
																																													6,096						4,355						0.1						2,089
			Healthcare Equipment & Supplies
			G & H Wire Company, Inc.+(26)			One stop						SF +			6.00%			(i)						5.35%			cash/			5.00%			PIK						11/2029						2,847						2,847						0.1						2,847
			G & H Wire Company, Inc.+			One stop																		N/A(6)															11/2029						—						—						—						—
																																													2,847						2,847						0.1						2,847
			Healthcare Providers & Services
			Bayside Opco, LLC+			One stop						SF +			7.25%			(i)						11.40%															06/2026						12,729						12,703						0.3						12,729																								⚠️ Filing Content Truncated This filing was too large to display in its entirety (original size: 16.9 MB). The content has been truncated to fit within database limits. To view the complete filing, please visit the original source: View Complete Filing on SEC Website Filing: 10-Q - GOLUB CAPITAL BDC, Inc. (GBDC) Accession Number: 0001476765-26-000012