HomeCompareAGFMF vs GBDC

AGFMF vs GBDC: Dividend Comparison 2026

AGFMF yields 2.52% · GBDC yields 11.85%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 AGFMF wins by $158.78M in total portfolio value· pulled ahead in Year 8
10 years
AGFMF
AGFMF
● Live price
2.52%
Share price
$14.36
Annual div
$0.36
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$179.56M
Annual income
$166,825,036.87
Full AGFMF calculator →
GBDC
GBDC
● Live price
11.85%
Share price
$12.66
Annual div
$1.50
5Y div CAGR
51.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.78M
Annual income
$16,389,263.41
Full GBDC calculator →

Portfolio growth — AGFMF vs GBDC

📍 AGFMF pulled ahead of the other in Year 8

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodAGFMFGBDC
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, AGFMF + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
AGFMF pays
GBDC pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

AGFMF
Annual income on $10K today (after 15% tax)
$213.94/yr
After 10yr DRIP, annual income (after tax)
$141,801,281.34/yr
GBDC
Annual income on $10K today (after 15% tax)
$1,007.11/yr
After 10yr DRIP, annual income (after tax)
$13,930,873.90/yr
At 15% tax rate, AGFMF beats the other by $127,870,407.44/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of AGFMF + GBDC for your $10,000?

AGFMF: 50%GBDC: 50%
100% GBDC50/50100% AGFMF
Portfolio after 10yr
$100.17M
Annual income
$91,607,150.14/yr
Blended yield
91.45%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

AGFMF
Analyst Ratings
1
Buy
2
Hold
Consensus: Hold
Altman Z
2.9
Piotroski
6/9
GBDC
Analyst Ratings
6
Buy
5
Hold
Consensus: Buy
Price Target
$14.00
+10.6% upside vs current
Range: $13.00 — $15.00
Altman Z
0.6
Piotroski
6/9
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

AGFMF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricAGFMFGBDC
Forward yield2.52%11.85%
Annual dividend / share$0.36$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$179.56M$20.78M
Annual income after 10y$166,825,036.87$16,389,263.41
Total dividends collected$178.58M$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusHoldBuy

Year-by-year: AGFMF vs GBDC ($10,000, DRIP)

YearAGFMF PortfolioAGFMF Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,203$503.38$12,490$1,790.28$1.3KGBDC
2$13,042$1,054.13$16,522$3,157.73$3.5KGBDC
3$16,248$2,293.66$23,578$5,898.68$7.3KGBDC
4$22,727$5,341.30$37,115$11,886.75$14.4KGBDC
5$38,282$13,964.55$66,136$26,423.57$27.9KGBDC
6$84,930$43,967.39$137,257$66,491.44$52.3KGBDC
7$273,196$182,320.83$341,734$194,868.54$68.5KGBDC
8← crossover$1,388,537$1,096,217.87$1,050,788$685,133.02+$337.7KAGFMF
9$11,899,960$10,414,225.65$4,099,314$2,974,971.01+$7.80MAGFMF
10$179,557,994$166,825,036.87$20,775,530$16,389,263.41+$158.78MAGFMF

AGFMF vs GBDC: Complete Analysis 2026

AGFMFStock

AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. For its equity portion, it invests in growth stocks of companies. The firm employs fundamental analysis to make its investments. AGF Management Limited was founded in 1957 and is based in Toronto, Canada.

Full AGFMF Calculator →

GBDCBDC

Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It seeks to invest in the United States. It primarily invests in first lien traditional senior debt, first lien one stop, junior debt and equity, senior secured, one stop, unitranche, second lien, subordinated and mezzanine loans of middle-market companies, and warrants.

Full GBDC Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.