Is EMFGF or GBDC a better dividend investment in 2026?

EMFGF currently yields 3780.72% with a 5% 5-year dividend growth rate. GBDC yields 11.86% with 5% growth. The better choice depends on your goal: EMFGF offers higher current income.

What is the dividend yield difference between EMFGF and GBDC?

EMFGF has a forward dividend yield of 3780.72% ($2.00/share annually). GBDC yields 11.86% ($1.50/share annually). The yield gap is 3768.86 percentage points.

Home › Compare › EMFGF vs GBDC

EMFGF vs GBDC: Dividend Comparison 2026

EMFGF yields 3780.72% · GBDC yields 11.86%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 EMFGF wins by $4168142498912.11M in total portfolio value

INVESTMENT

TIME HORIZON10 years

EMFGF

● Live price

3780.72%

Share price

$0.05

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$4168142498932.96M

Annual income

$3,961,995,313,029,420,000.00

Full EMFGF calculator →

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 — EMFGF vs GBDC

📍 EMFGF pulled ahead of the other in Year 1

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 Period	EMFGF	GBDC
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, EMFGF + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

EMFGF pays

GBDC pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

EMFGF

Annual income on $10K today (after 15% tax)

$321,361.06/yr

After 10yr DRIP, annual income (after tax)

$3,367,696,016,075,007,000.00/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, EMFGF beats the other by $3,367,696,016,061,023,700.00/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

EMFGF: 50%GBDC: 50%

100% GBDC50/50100% EMFGF

Portfolio after 10yr

$2084071249476.90M

Annual income

$1,980,997,656,522,935,300.00/yr

Blended yield

95.05%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

EMFGF

No analyst data

Altman Z

-4.4

Piotroski

3/9

GBDC

Analyst Ratings

Buy

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.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

EMFGF buys

GBDC buys

No recent congressional trades found for EMFGF or GBDC in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricEMFGFGBDC

Forward yield	3780.72% ✓	11.86%
Annual dividend / share	$2.00 ✓	$1.50
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	51.1% ✓
Portfolio after 10y	$4168142498932.96M ✓	$20.85M
Annual income after 10y	$3,961,995,313,029,420,000.00 ✓	$16,450,733.83
Total dividends collected	$4154047075985.46M ✓	$20.43M
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	EMFGF Portfolio	EMFGF Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$388,772	$378,071.83	$12,492	$1,791.70	+$376.3K → EMFGF
2	$14,152,778	$13,736,792.53	$16,527	$3,160.58	+$14.14M → EMFGF
3	$482,500,174	$467,356,701.55	$23,588	$5,904.90	+$482.48M → EMFGF
4	$15,407,158,664	$14,890,883,477.51	$37,141	$11,901.65	+$15407.12M → EMFGF
5	$460,873,091,761	$444,387,431,989.88	$66,205	$26,463.38	+$460873.03M → EMFGF
6	$12,916,428,912,197	$12,423,294,704,013.35	$137,452	$66,612.65	+$12916428.77M → EMFGF
7	$339,218,006,728,917	$325,397,427,792,866.06	$342,372	$195,298.53	+$339218006.39M → EMFGF
8	$8,349,652,345,953,757	$7,986,689,078,753,816.00	$1,053,292	$686,954.33	+$8349652344.90M → EMFGF
9	$192,660,921,405,176,800	$183,726,793,395,006,270.00	$4,111,439	$2,984,416.95	+$192660921401.07M → EMFGF
10	$4,168,142,498,932,959,000	$3,961,995,313,029,420,000.00	$20,849,974	$16,450,733.83	+$4168142498912.11M → EMFGF

EMFGF vs GBDC: Complete Analysis 2026

EMFGF — Stock

Fluence Corporation Limited provides water and wastewater treatment, and reuse solutions for the municipal, commercial, and industrial markets worldwide. The company offers NIROBOX for desalination of seawater and brackish water, as well as for the treatment of fresh and wastewater; NIROFLEX systems for desalination, ultrafiltration and multimedia filtration systems, and reverse osmosis systems. It also provides wastewater treatment products, such as Aspiral, a wastewater treatment solution; SUBRE membrane aerated biofilm reactor modules; EcoBox water reuse systems; Tipton packaged wastewater treatment plants; aeration equipment comprising aerators, mixers, and diffusers; and dissolved air flotation systems. In addition, the company offers food and beverage processing and recovery solutions; and waste-to-energy solutions. Further, it provides project finance, Smart Operations data analytics software, and after-sale support services. Fluence Corporation Limited was incorporated in 2007 and is headquartered in White Plains, New York.

Full EMFGF Calculator →

GBDC — BDC

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.