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PQUS vs GBDC: Dividend Comparison 2026

PQUS yields 8.53% · GBDC yields 11.86%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.81M in total portfolio value
10 years
PQUS
PQUS
● Live price
8.53%
Share price
$23.45
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$35.2K
Annual income
$1,461.77
Full PQUS 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 — PQUS 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 PeriodPQUSGBDC
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, PQUS + GBDC cover 0 of 12 monthsgood coverage

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

PQUS
Annual income on $10K today (after 15% tax)
$724.97/yr
After 10yr DRIP, annual income (after tax)
$1,242.50/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, GBDC beats the other by $13,981,881.25/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

PQUS: 50%GBDC: 50%
100% GBDC50/50100% PQUS
Portfolio after 10yr
$10.44M
Annual income
$8,226,097.81/yr
Blended yield
78.77%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

PQUS
No analyst data
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)

PQUS buys
0
GBDC buys
0
No recent congressional trades found for PQUS or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricPQUSGBDC
Forward yield8.53%11.86%
Annual dividend / share$2.00$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$35.2K$20.85M
Annual income after 10y$1,461.77$16,450,733.83
Total dividends collected$11.6K$20.43M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearPQUS PortfolioPQUS Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,553$852.91$12,492$1,791.70$939.00GBDC
2$13,283$920.90$16,527$3,160.58$3.2KGBDC
3$15,202$989.50$23,588$5,904.90$8.4KGBDC
4$17,324$1,058.39$37,141$11,901.65$19.8KGBDC
5$19,664$1,127.26$66,205$26,463.38$46.5KGBDC
6$22,237$1,195.81$137,452$66,612.65$115.2KGBDC
7$25,057$1,263.77$342,372$195,298.53$317.3KGBDC
8$28,142$1,330.90$1,053,292$686,954.33$1.03MGBDC
9$31,509$1,396.96$4,111,439$2,984,416.95$4.08MGBDC
10$35,176$1,461.77$20,849,974$16,450,733.83$20.81MGBDC

PQUS vs GBDC: Complete Analysis 2026

PQUSStock

The 2023 ETF Series Trust - Pictet AI Enhanced US Equity ETF is an exchange traded fund launched and managed by Pictet Asset Management SA. The fund is co-managed by Tidal Investments LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across information technology, software and services, systems software, software research and artificial intelligence software sectors. It invests growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The 2023 ETF Series Trust - Pictet AI Enhanced US Equity ETF is domiciled in the United States.

Full PQUS 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.