HomeCompareMCVT vs GBDC

MCVT vs GBDC: Dividend Comparison 2026

MCVT yields 32.73% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 MCVT wins by $2874404150.35M in total portfolio value
10 years
MCVT
MCVT
● Live price
32.73%
Share price
$6.11
Annual div
$2.00
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$2874404171.20M
Annual income
$2,857,633,303,479,946.00
Full MCVT 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 — MCVT vs GBDC

📍 MCVT 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 PeriodMCVTGBDC
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%.
📅

Dividend Calendar Overlap

Combined, MCVT + GBDC cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
MCVT 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.

MCVT
Annual income on $10K today (after 15% tax)
$2,782.32/yr
After 10yr DRIP, annual income (after tax)
$2,428,988,307,957,954.00/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, MCVT beats the other by $2,428,988,293,974,830.00/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

MCVT: 50%GBDC: 50%
100% GBDC50/50100% MCVT
Portfolio after 10yr
$1437202096.02M
Annual income
$1,428,816,659,965,340.00/yr
Blended yield
99.42%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MCVT
No analyst data
Altman Z
-2002644.1
Piotroski
1/9
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)

MCVT buys
0
GBDC buys
0
No recent congressional trades found for MCVT or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMCVTGBDC
Forward yield32.73%11.86%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR100%51.1%
Portfolio after 10y$2874404171.20M$20.85M
Annual income after 10y$2,857,633,303,479,946.00$16,450,733.83
Total dividends collected$2873295668.87M$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearMCVT PortfolioMCVT Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$17,247$6,546.64$12,492$1,791.70+$4.8KMCVT
2$39,558$21,104.24$16,527$3,160.58+$23.0KMCVT
3$132,806$90,478.86$23,588$5,904.90+$109.2KMCVT
4$709,876$567,773.85$37,141$11,901.65+$672.7KMCVT
5$6,432,223$5,672,654.93$66,205$26,463.38+$6.37MMCVT
6$102,957,599$96,075,120.78$137,452$66,612.65+$102.82MMCVT
7$2,984,612,887$2,874,448,255.75$342,372$195,298.53+$2984.27MMCVT
8$158,944,346,797$155,750,811,008.22$1,053,292$686,954.33+$158943.29MMCVT
9$15,673,708,146,964$15,503,637,695,891.72$4,111,439$2,984,416.95+$15673704.04MMCVT
10$2,874,404,171,197,198$2,857,633,303,479,946.00$20,849,974$16,450,733.83+$2874404150.35MMCVT

MCVT vs GBDC: Complete Analysis 2026

MCVTStock

Mill City Ventures III, Ltd. is a principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth. It primarily focuses on investing in, lending to, and making managerial assistance available to privately held and publicly traded companies. The firm also advises its portfolio companies with regard to finance and operations. It was formerly known as Poker Magic, Inc. Mill City Ventures III, Ltd. was founded in January, 2006 and is based in Wayzata, Minnesota.

Full MCVT 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.