Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year GSBD paid 16.0% but returned +2.9% in total, so about 17% of the payout was earned; the rest came back out of the fund's own value (its price fell).
| Earned % (3 months) | below -100% |
| Earned % (1 year) | 17% |
| Earned % (full history, up to 5 yrs) | -20% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 36.6 / 100 · rank #251 of 420. How the score works
Risk
| Sortino ratio (1Y) | -0.10 |
| Sharpe ratio (1Y) | -0.07 |
| Steadiness vs S&P 500 | 56% |
| Beta to S&P 500 | 0.41 |
| Correlation to S&P 500 | 0.23 |
| Max drop (1Y) | -13.8% |
| Max drop (up to 5 yrs) | -29.6% |
| Trend | Downtrend |
| History | 5.0 yrs |
Vs. BIZD (what it's built on)
| Upside capture | 106% |
| Downside capture | 99% |
| Capture ratio | 1.07 |
| Beta | 0.95 |
| Correlation | 0.76 |
| Tracking | – |
On days BIZD rose, GSBD caught 106% of the gain; on days it fell, GSBD took 99% of the loss.
Payout history
Each bar is one payout (last 25 shown). Pays Quarterly.
| Ex-date | Amount |
|---|---|
| 2026-09-30 | $0.3200 |
| 2026-08-31 | $0.0300 |
| 2026-06-30 | $0.3200 |
| 2026-03-31 | $0.3200 |
| 2026-03-09 | $0.0300 |
| 2025-12-31 | $0.3200 |
| 2025-11-28 | $0.0400 |
| 2025-09-30 | $0.4800 |
| 2025-08-29 | $0.0300 |
| 2025-06-30 | $0.4800 |
| 2025-05-30 | $0.0500 |
| 2025-03-31 | $0.4800 |
Funds that track the same thing
Other BDCs income funds, ranked by DT Score. See them all · Compare GSBD with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CSWC Capital Southwest | BDC | 10.0% | 11.0% | +26.7% | 205% | 84% | 65% | – | 72 | 38 | Downtrend |
| TRIN Trinity Capital | BDC | 11.5% | 12.4% | +38.9% | 253% | 92% | 63% | – | 70 | 70 | Uptrend |
| GAIN Gladstone Investment | BDC | 6.5% | 6.5% | +13.8% | 205% | 77% | 63% | – | 69 | 28 | Downtrend |
| GLAD Gladstone Capital | BDC | 10.1% | 10.2% | +11.7% | 112% | 101% | 91% | – | 67 | 84 | Uptrend |
| MAIN Main Street Capital | BDC | 12.1% | 8.1% | +7.8% | 96% | 109% | 100% | – | 62 | 70 | Uptrend |
| MSIF MSC Income Fund | BDC | 10.5% | 10.4% | +15.6% | 122% | 97% | 83% | – | 62 | 79 | Mixed |
| BBDC Barings BDC | BDC | 12.0% | 12.0% | +7.6% | 60% | 93% | 84% | – | 59 | 36 | Downtrend |
| BXSL Blackstone Secured Lending Fund | BDC | 12.8% | 12.8% | +4.7% | 33% | 100% | 95% | – | 51 | 76 | Mixed |
| ARCC Ares Capital Corp | BDC | 10.0% | 10.0% | +5.2% | 35% | 87% | 84% | – | 49 | 59 | Mixed |
| FDUS Fidus Investment | BDC | 10.2% | 10.9% | +5.4% | 45% | 87% | 80% | – | 48 | 83 | Uptrend |
About GSBD
| Issuer | Goldman Sachs |
| Structure | BDC |
| Category | BDC |
| Strategy | Lends to private companies; income from interest, paid out >=90% as RIC |
| Underlying | Middle-market senior secured loans |
| Exposure | BDCs |
| Index linkage | No - active |
| Pays | Quarterly |
| Expense ratio | – |
| Launched | 2013 |
| Uses leverage | Yes |
| Upside capped | No |
| Rate sensitivity | High |
| Return of capital common | Sometimes |
| Tax notes | Distributions mostly ordinary income (not QDI); interest-related dividends partly excluded from 199A; 1099-DIV. |
Research notes: Dividend cut to $0.32 quarterly in 2025 (from $0.45); discount to NAV (~0.8x). Verify.
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