HomeCompareVEMBX vs GBDC

VEMBX vs GBDC: Dividend Comparison 2026

VEMBX yields 5.69% · 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
VEMBX
VEMBX
● Live price
5.69%
Share price
$10.40
Annual div
$0.59
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$29.1K
Annual income
$818.15
Full VEMBX 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 — VEMBX 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 PeriodVEMBXGBDC
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, VEMBX + GBDC cover 0 of 12 monthsgood coverage

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

VEMBX
Annual income on $10K today (after 15% tax)
$483.68/yr
After 10yr DRIP, annual income (after tax)
$695.43/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 $13,930,178.47/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

VEMBX: 50%GBDC: 50%
100% GBDC50/50100% VEMBX
Portfolio after 10yr
$10.40M
Annual income
$8,195,040.77/yr
Blended yield
78.78%
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Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

VEMBX
No analyst data
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.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

VEMBX buys
0
GBDC buys
0
No recent congressional trades found for VEMBX or GBDC in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricVEMBXGBDC
Forward yield5.69%11.85%
Annual dividend / share$0.59$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%51.1%
Portfolio after 10y$29.1K$20.78M
Annual income after 10y$818.15$16,389,263.41
Total dividends collected$7.0K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearVEMBX PortfolioVEMBX Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,269$569.04$12,490$1,790.28$1.2KGBDC
2$12,657$599.30$16,522$3,157.73$3.9KGBDC
3$14,172$629.09$23,578$5,898.68$9.4KGBDC
4$15,823$658.31$37,115$11,886.75$21.3KGBDC
5$17,617$686.89$66,136$26,423.57$48.5KGBDC
6$19,565$714.75$137,257$66,491.44$117.7KGBDC
7$21,676$741.86$341,734$194,868.54$320.1KGBDC
8$23,962$768.15$1,050,788$685,133.02$1.03MGBDC
9$26,433$793.59$4,099,314$2,974,971.01$4.07MGBDC
10$29,101$818.15$20,775,530$16,389,263.41$20.75MGBDC

VEMBX vs GBDC: Complete Analysis 2026

VEMBXStock

This fund seeks to provide total return while generating a moderate level of current income through investing in bonds in emerging economies. Like other bond funds, the fund is subject to interest rate risk; increases in interest rates may cause the price of the bonds in the portfolio to decrease, reducing the fund’s NAV. The fund is also subject to emerging markets risk—bonds in these countries tend to be more volatile and less liquid than those in developed countries—and other international risks, such as country/regional risk. The fund does subject U.S.-based investors to currency risk as it has the ability to invest in local currency denominated bonds on an unhedged basis but the majority of bonds are expected to be invested in in U.S. dollar-denominated bonds or hedged back to the U.S. dollar. Long-term, risk-tolerant investors who want to diversify their bond portfolio may wish to consider this fund.

Full VEMBX 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.