Golub Capital BDC (GBDC) holder STRS Ohio discloses 6.3% ownership

Rhea-AI Filing Summary

State Teachers Retirement System of Ohio (STRS Ohio) filed an amended Schedule 13G reporting its beneficial ownership in Golub Capital BDC, Inc. common stock. STRS Ohio reports beneficial ownership of 16,704,759.97 shares, representing 6.3% of the outstanding common stock. It has sole power to vote and sole power to dispose of these shares, with no shared voting or dispositive power. STRS Ohio certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Golub Capital BDC, Inc.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

GOLUB CAPITAL BDC, Inc.

(Name of Issuer)

common stock

(Title of Class of Securities)

38173M102

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 38173M102

1

Names of Reporting Persons

STRS OHIO

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

OHIO

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 16,704,759.97
6	Shared Voting Power 0.00
7	Sole Dispositive Power 16,704,759.97
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

16,704,759.97

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.3 %

12

Type of Reporting Person (See Instructions)

EP

SCHEDULE 13G

Item 1.
(a)	Name of issuer: GOLUB CAPITAL BDC, Inc.
(b)	Address of issuer's principal executive offices: 200 PARK AVENUE, 200 PARK AVENUE, NEW YORK, NEW YORK, 10166.
Item 2.
(a)	Name of person filing: State Teachers Retirement System of Ohio (STRS Ohio)
(b)	Address or principal business office or, if none, residence: 275 East Broad Street Columbus, Ohio 43215
(c)	Citizenship: USA
(d)	Title of class of securities: common stock
(e)	CUSIP No.: 38173M102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 16,704,759.97
(b)	Percent of class: 6.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 16,704,759.97
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 16,704,759.97
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

STRS OHIO

Signature:	Aaron DiCenzo
Name/Title:	Deputy Executive Director, Investments
Date:	01/13/2026

FAQ

Who is the reporting owner in the GBDC Schedule 13G/A filing?

The reporting owner is the State Teachers Retirement System of Ohio (STRS Ohio), an employee benefit plan based in Ohio, USA.

How many Golub Capital BDC (GBDC) shares does STRS Ohio report owning?

STRS Ohio reports beneficial ownership of 16,704,759.97 shares of Golub Capital BDC, Inc. common stock.

What percentage of Golub Capital BDC’s common stock does STRS Ohio hold?

STRS Ohio reports that its holdings represent 6.3% of Golub Capital BDC, Inc.’s common stock class.

Does STRS Ohio have sole or shared voting power over its GBDC shares?

STRS Ohio has sole voting power over 16,704,759.97 shares and no shared voting power in Golub Capital BDC, Inc.

Does STRS Ohio control the disposition of its GBDC shares?

Yes. STRS Ohio has sole dispositive power over 16,704,759.97 shares and no shared dispositive power.

Is STRS Ohio seeking to influence control of Golub Capital BDC with this stake?

STRS Ohio certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Golub Capital BDC, Inc.

What type of investor is STRS Ohio in this GBDC ownership filing?

STRS Ohio is identified as an employee benefit plan or endowment fund (EP) under the relevant ownership classification rules.