HomeCompareDFPAX vs GBDC

DFPAX vs GBDC: Dividend Comparison 2026

DFPAX yields 1.80% · GBDC yields 11.86%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 DFPAX wins by $20.40M in total portfolio value· pulled ahead in Year 10
10 years
DFPAX
DFPAX
● Live price
1.80%
Share price
$10.10
Annual div
$0.18
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$41.25M
Annual income
$37,275,775.72
Full DFPAX calculator →
GBDC
GBDC
● Live price
11.86%
Share price
$12.65
Annual div
$1.50
5Y div CAGR
51.1%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$20.85M
Annual income
$16,450,733.83
Full GBDC calculator →

Portfolio growth — DFPAX vs GBDC

📍 DFPAX pulled ahead of the other in Year 10

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 PeriodDFPAXGBDC
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, DFPAX + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
DFPAX pays
GBDC pays
Both pay
Neither
💰

Tax Bracket Optimizer

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

DFPAX
Annual income on $10K today (after 15% tax)
$153.17/yr
After 10yr DRIP, annual income (after tax)
$31,684,409.36/yr
GBDC
Annual income on $10K today (after 15% tax)
$1,007.91/yr
After 10yr DRIP, annual income (after tax)
$13,983,123.76/yr
At 15% tax rate, DFPAX beats the other by $17,701,285.61/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

DFPAX: 50%GBDC: 50%
100% GBDC50/50100% DFPAX
Portfolio after 10yr
$31.05M
Annual income
$26,863,254.78/yr
Blended yield
86.52%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

DFPAX
No analyst data
Altman Z
0.3
Piotroski
7/9
GBDC
Analyst Ratings
6
Buy
5
Hold
Consensus: Buy
Price Target
$14.00
+10.7% 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.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

DFPAX buys
0
GBDC buys
0
No recent congressional trades found for DFPAX or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricDFPAXGBDC
Forward yield1.80%11.86%
Annual dividend / share$0.18$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$41.25M$20.85M
Annual income after 10y$37,275,775.72$16,450,733.83
Total dividends collected$40.92M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearDFPAX PortfolioDFPAX Income/yrGBDC PortfolioGBDC Income/yrGap
1$11,060$360.40$12,492$1,791.70$1.4KGBDC
2$12,580$745.07$16,527$3,160.58$3.9KGBDC
3$15,044$1,583.95$23,588$5,904.90$8.5KGBDC
4$19,638$3,540.69$37,141$11,901.65$17.5KGBDC
5$29,652$8,638.98$66,205$26,463.38$36.6KGBDC
6$56,109$24,381.48$137,452$66,612.65$81.3KGBDC
7$146,272$86,235.87$342,372$195,298.53$196.1KGBDC
8$576,720$420,209.09$1,053,292$686,954.33$476.6KGBDC
9$3,713,904$3,096,813.56$4,111,439$2,984,416.95$397.5KGBDC
10← crossover$41,249,653$37,275,775.72$20,849,974$16,450,733.83+$20.40MDFPAX

DFPAX vs GBDC: Complete Analysis 2026

DFPAXStock

To pursue its goal, the fund normally allocates its assets among other mutual funds advised by the adviser or its affiliates, referred to as underlying funds, that invest primarily in stocks issued by foreign companies. Foreign companies are those companies (i) that are organized under the laws of a foreign country; (ii) whose principal trading market is in a foreign country; or (iii) that have a majority of their assets, or that derive a significant portion of their revenue or profits from businesses, investments or sales outside the United States.

Full DFPAX 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.