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PNXGF vs GBDC: Dividend Comparison 2026

PNXGF yields 8.08% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.75M in total portfolio value
10 years
PNXGF
PNXGF
● Live price
8.08%
Share price
$8.89
Annual div
$0.72
5Y div CAGR
-20.6%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$24.4K
Annual income
$99.53
Full PNXGF 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 — PNXGF vs GBDC

📍 GBDC 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 PeriodPNXGFGBDC
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, PNXGF + GBDC cover 0 of 12 monthsgood coverage

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

PNXGF
Annual income on $10K today (after 15% tax)
$686.73/yr
After 10yr DRIP, annual income (after tax)
$84.60/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, GBDC beats the other by $13,930,789.30/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 PNXGF + GBDC for your $10,000?

PNXGF: 50%GBDC: 50%
100% GBDC50/50100% PNXGF
Portfolio after 10yr
$10.40M
Annual income
$8,194,681.46/yr
Blended yield
78.80%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

PNXGF
Analyst Ratings
1
Buy
2
Hold
2
Sell
Consensus: Hold
Altman Z
0.1
Piotroski
4/9
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.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

PNXGF buys
0
GBDC buys
0
No recent congressional trades found for PNXGF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricPNXGFGBDC
Forward yield8.08%11.85%
Annual dividend / share$0.72$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-20.6%51.1%
Portfolio after 10y$24.4K$20.78M
Annual income after 10y$99.53$16,389,263.41
Total dividends collected$3.1K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusHoldBuy

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

YearPNXGF PortfolioPNXGF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,341$641.49$12,490$1,790.28$1.1KGBDC
2$12,675$539.88$16,522$3,157.73$3.8KGBDC
3$14,010$447.73$23,578$5,898.68$9.6KGBDC
4$15,358$367.24$37,115$11,886.75$21.8KGBDC
5$16,732$298.73$66,136$26,423.57$49.4KGBDC
6$18,145$241.50$137,257$66,491.44$119.1KGBDC
7$19,609$194.34$341,734$194,868.54$322.1KGBDC
8$21,138$155.85$1,050,788$685,133.02$1.03MGBDC
9$22,742$124.66$4,099,314$2,974,971.01$4.08MGBDC
10$24,434$99.53$20,775,530$16,389,263.41$20.75MGBDC

PNXGF vs GBDC: Complete Analysis 2026

PNXGFStock

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through four segments: UK Heritage, UK Open, Europe, and Management Services. It provides a range of pensions and savings products to support people across various stages of the savings life cycle. The company manages Heritage in-force life and pensions policies; and offers and manages long term savings and pensions products. Its products include with-profits and unit-linked funds, and annuities; and workplace pensions, and individual savings and retirement solutions. The company serves individuals, corporates, and employers. It has a strategic partnership with abrdn plc, TCS, and HSBC. Phoenix Group Holdings plc was founded in 1782 and is based in London, the United Kingdom.

Full PNXGF 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.