GBDC

Golub Capital BDC, Inc.

Sector: financial servicesAsset ManagementNASDAQMarket Cap: $3.20B

Golub Capital BDC is a closed-end investment company focused on middle-market private credit with minimal direct political/regulatory exposure.

Govt Dependence

15/100

Regulatory Density

35/100

Lobbying Intensity

0/100

Political Signal

LOW

BusinessWhat GBDC does

GBDC is a business development company (BDC) that invests primarily in senior secured and unsecured loans to middle-market companies. Revenue derives from interest income on loan portfolios and management fees. The company operates as a regulated investment company under the Investment Company Act of 1940.

12 months past · 3 months futureGBDC activity timeline

Congress

buy sell

Insider · Form 4

open-market buy

Hedge fund · 13F

opened + added − trimmed closed holds

Bills

past action (this ticker) upcoming markup (sector) ★ carveout (this ticker)

240 trading days · 0 congressional trades shown · 0 insider buys · 0 13F filings · 0 past bill actions · 5 upcoming markups

Lifetime Government AwardsGBDC federal contracts

GBDC doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Congressional TradesWho in Congress is trading GBDC

2022-07-14 David P. Joyce R-Ohio · house sale $15,001 - $50,000 754d late

2022-07-12 David P. Joyce R-Ohio · house sale $15,001 - $50,000 756d late

2023-06-19 David P. Joyce R-Ohio · house Sale $15,001 - $50,000 414d late

2022-07-14 David P. Joyce R-Ohio · house Sale $15,001 - $50,000 754d late

2022-07-12 David P. Joyce R-Ohio · house Sale $15,001 - $50,000 756d late

2023-06-30 David P. Joyce R-Ohio · house Sale $1,001 - $15,000 403d late

2023-06-30 David P. Joyce R-Ohio · house sale $1,001 - $15,000 403d late

2023-06-19 David P. Joyce R-Ohio · house sale $15,001 - $50,000 414d late

2021-01-20 Teresa Leger Fernandez D-New Mexico · house sale $15,001 - $50,000 686d late

2021-01-20 Teresa Leger Fernandez D-New Mexico · house Sale $15,001 - $50,000 686d late

2020-02-25 David P. Joyce R-Ohio · house Purchase $1,001 - $15,000 518d late

2020-02-25 David P. Joyce R-Ohio · house purchase $1,001 - $15,000 518d late

18+ trades on file · most recent 2024-08-06

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills to WatchLegislation flagged by our analysis

BDC regulatory framework updatesInvestment Company Act amendments

Political ProfileWhere GBDC sits in Washington

GBDC has no measurable lobbying footprint, no politician trading activity, and no direct government revenue. Stock moves primarily on credit spreads, interest rates, and portfolio performance rather than political events.

Regulatory ExposureThreats & opportunities

Regulatory threats

SEC BDC valuation/disclosure tightening
interest rate policy impact on credit spreads

Regulatory opportunities

BDC leverage ratio expansion
tax-efficient distribution rules

Member intelligence layer

Live signals + predictions for GBDC — for Founders

The free page above gives you the public record. Members see the real-time intelligence layer on top of it:

Live 7-layer signal scores when Congress trades GBDC
Bill Pass Index v2 odds for every bill on the watch list
Iron Triangle alerts (committee × donor × trade)
SEC Form 4 cluster detection (CEO + CFO + director buys)
Whale-Opportunity expected-value ranking
Custom watchlist alerts via email + Discord

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Frequently AskedAbout GBDC & political exposure

Does Golub Capital BDC, Inc. (GBDC) hold federal contracts?

No direct prime contracts reported in USASpending.gov for Golub Capital BDC, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.

Has Congress traded GBDC stock?

18 congressional trades by 3 unique members of Congress, most recently on 2023-06-30. See the Congressional Trading panel for politician-by-politician breakdown.

What is GBDC political risk profile?

Government dependence: 15/100. Lobbying intensity: 0/100. Political signal: low.

How does GovGreed track GBDC political activity?

GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. GBDC data is updated daily from these official federal sources.