Is MFAPX or GBDC a better dividend investment in 2026?

MFAPX currently yields 8.44% with a 5% 5-year dividend growth rate. GBDC yields 4.00% with 5% growth. The better choice depends on your goal: MFAPX offers higher current income.

What is the dividend yield difference between MFAPX and GBDC?

MFAPX has a forward dividend yield of 8.44% ($2.00/share annually). GBDC yields 4.00% ($2.00/share annually). The yield gap is 4.44 percentage points.

Home › Compare › MFAPX vs GBDC

MFAPX vs GBDC: Dividend Comparison 2026

MFAPX yields 8.44% · GBDC yields 4.00%● Live data

vsPost on X →

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

🏆 MFAPX wins by $6.9K in total portfolio value

INVESTMENT

TIME HORIZON10 years

MFAPX

● Live price

8.44%

Share price

$23.71

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$35.0K

Annual income

$1,437.40

Full MFAPX calculator →

GBDC

● Live price

4.00%

Share price

$50.00

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$28.0K

Annual income

$899.19

Full GBDC calculator →

Portfolio growth — MFAPX vs GBDC

📍 MFAPX 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	MFAPX	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, MFAPX + GBDC cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

MFAPX 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.

MFAPX

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

$717.00/yr

After 10yr DRIP, annual income (after tax)

$1,221.79/yr

GBDC

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

$340.00/yr

After 10yr DRIP, annual income (after tax)

$764.31/yr

At 15% tax rate, MFAPX beats the other by $457.48/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

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

MFAPX: 50%GBDC: 50%

100% GBDC50/50100% MFAPX

Portfolio after 10yr

$31.5K

Annual income

$1,168.30/yr

Blended yield

3.71%

📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

MFAPX

No analyst data

GBDC

Analyst Ratings

Buy

Hold

Consensus: Buy

Price Target

$14.00

-72.0% 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)

MFAPX buys

GBDC buys

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

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

MetricMFAPXGBDC

Forward yield	8.44% ✓	4.00%
Annual dividend / share	$2.00	$2.00
Payout ratio	50%	50%
1-year div growth	0%	5% ✓
5-year div CAGR	0%	5% ✓
Portfolio after 10y	$35.0K ✓	$28.0K
Annual income after 10y	$1,437.40 ✓	$899.19
Total dividends collected	$11.4K ✓	$6.4K
Payment frequency	quarterly	quarterly
Sector	Stock	BDC

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

Year	MFAPX Portfolio	MFAPX Income/yr	GBDC Portfolio	GBDC Income/yr	Gap
1← crossover	$11,544	$843.53	$11,120	$420.00	+$424.00 → MFAPX
2	$13,262	$910.02	$12,357	$458.31	+$905.00 → MFAPX
3	$15,167	$977.07	$13,721	$499.76	+$1.4K → MFAPX
4	$17,273	$1,044.35	$15,227	$544.58	+$2.0K → MFAPX
5	$19,594	$1,111.56	$16,885	$593.02	+$2.7K → MFAPX
6	$22,144	$1,178.41	$18,713	$645.34	+$3.4K → MFAPX
7	$24,938	$1,244.64	$20,724	$701.81	+$4.2K → MFAPX
8	$27,994	$1,310.03	$22,938	$762.73	+$5.1K → MFAPX
9	$31,328	$1,374.34	$25,372	$828.41	+$6.0K → MFAPX
10	$34,958	$1,437.40	$28,047	$899.19	+$6.9K → MFAPX

MFAPX vs GBDC: Complete Analysis 2026

MFAPX — Stock

The investment seeks long-term capital appreciation. The fund invests primarily in established companies on an international basis, with capitalizations within the range of companies included in the MSCI All Country World ex USA Index. It typically invests at least 80% of its assets in the securities of issuers located outside of the United States. The fund may invest in foreign securities, which may include emerging market securities. It may invest in equity securities. The fund may also invest in privately placed and restricted securities.

Full MFAPX Calculator →

GBDC — BDC

GBDC is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in GBDC shares.

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.