Home › Compare › TGONF vs GBDC

TGONF vs GBDC: Dividend Comparison 2026

TGONF yields 3.21% · GBDC yields 4.00%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $5.4K in total portfolio value
10 years
TGONF
TGONF
● Live price
3.21%
Share price
$14.00
Annual div
$0.45
5Y div CAGR
-9.4%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$22.7K
Annual income
$137.31
Full TGONF calculator →
GBDC
GBDC
● Live price
4.00%
Share price
$50.00
Annual div
$2.00
5Y div CAGR
5%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$28.0K
Annual income
$899.19
Full GBDC calculator →

Portfolio growth — TGONF vs GBDC

📍 GBDC pulled ahead of the other in Year 1

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodTGONFGBDC
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, TGONF + GBDC cover 0 of 12 months — good coverage

Jan
—
Feb
—
Mar
—
Apr
—
May
—
Jun
—
Jul
—
Aug
—
Sep
—
Oct
—
Nov
—
Dec
—
TGONF pays
GBDC pays
Both pay
Neither
💰

Tax Bracket Optimizer

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

TGONF
Annual income on $10K today (after 15% tax)
$273.21/yr
After 10yr DRIP, annual income (after tax)
$116.71/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, GBDC beats the other by $647.60/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

TGONF: 50%GBDC: 50%
100% GBDC50/50100% TGONF
Portfolio after 10yr
$25.4K
Annual income
$518.25/yr
Blended yield
2.04%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

TGONF
No analyst data
Altman Z
4.2
Piotroski
4/9
GBDC
Analyst Ratings
6
Buy
5
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.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

TGONF buys
0
GBDC buys
0
No recent congressional trades found for TGONF or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricTGONFGBDC
Forward yield3.21%4.00% ✓
Annual dividend / share$0.45$2.00 ✓
Payout ratio50%50%
1-year div growth0%5% ✓
5-year div CAGR-9.4%5% ✓
Portfolio after 10y$22.7K$28.0K ✓
Annual income after 10y$137.31$899.19 ✓
Total dividends collected$2.1K$6.4K ✓
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearTGONF PortfolioTGONF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$10,991$291.21$11,120$420.00$129.00 → GBDC
2$12,032$271.02$12,357$458.31$325.00 → GBDC
3$13,125$251.20$13,721$499.76$596.00 → GBDC
4$14,276$232.03$15,227$544.58$951.00 → GBDC
5$15,489$213.69$16,885$593.02$1.4K → GBDC
6$16,769$196.31$18,713$645.34$1.9K → GBDC
7$18,123$179.97$20,724$701.81$2.6K → GBDC
8$19,556$164.69$22,938$762.73$3.4K → GBDC
9$21,076$150.47$25,372$828.41$4.3K → GBDC
10$22,689$137.31$28,047$899.19$5.4K → GBDC

TGONF vs GBDC: Complete Analysis 2026

TGONF — Stock

Tetragon Financial Group Limited is a close ended feeder fund launched and managed by Tetragon Financial Management LP. The fund invests its entire corpus in Tetragon Financial Group Master Fund Limited. It was formerly known as Tetragon Credit Income Fund Limited. Tetragon Financial Group Limited was formed on June 23, 2005 and is domiciled in the Guernsey, Channel Islands.

Full TGONF 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 →
📬

Get this TGONF vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

TGONF vs SCHDTGONF vs JEPITGONF vs OTGONF vs KOTGONF vs MAIN

⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.