HomeCompareVNRGF vs GBDC

VNRGF vs GBDC: Dividend Comparison 2026

VNRGF yields 2.52% · GBDC yields 11.85%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 GBDC wins by $20.72M in total portfolio value
10 years
VNRGF
VNRGF
● Live price
2.52%
Share price
$72.00
Annual div
$1.81
5Y div CAGR
35.4%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$56.9K
Annual income
$11,933.69
Full VNRGF 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 — VNRGF 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 PeriodVNRGFGBDC
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, VNRGF + GBDC cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

VNRGF
Annual income on $10K today (after 15% tax)
$214.19/yr
After 10yr DRIP, annual income (after tax)
$10,143.64/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 $13,920,730.26/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

VNRGF: 50%GBDC: 50%
100% GBDC50/50100% VNRGF
Portfolio after 10yr
$10.42M
Annual income
$8,200,598.54/yr
Blended yield
78.73%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on GBDC right now

VNRGF
No analyst data
Altman Z
0.5
Piotroski
6/9
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)

VNRGF buys
0
GBDC buys
2
PoliticianChamberTickerTypeAmountDate
David P. Joyce🏢 House$GBDC▼ Sell$1,001 - $15,0002023-06-30
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002023-06-19
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-14
David P. Joyce🏢 House$GBDC▼ Sell$15,001 - $50,0002022-07-12
Teresa Leger Fernandez🏢 House$GBDC▼ Sell$15,001 - $50,0002021-01-20
David P. Joyce🏢 House$GBDC▲ Buy$1,001 - $15,0002020-02-25
David P. Joyce🏢 House$GBDC▲ Buy$15,001 - $50,0002019-05-30
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricVNRGFGBDC
Forward yield2.52%11.85%
Annual dividend / share$1.81$1.50
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR35.4%51.1%
Portfolio after 10y$56.9K$20.78M
Annual income after 10y$11,933.69$16,389,263.41
Total dividends collected$32.7K$20.36M
Payment frequencyquarterlyquarterly
SectorStockBDC

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

YearVNRGF PortfolioVNRGF Income/yrGBDC PortfolioGBDC Income/yrGap
1← crossover$11,041$341.20$12,490$1,790.28$1.4KGBDC
2$12,291$476.71$16,522$3,157.73$4.2KGBDC
3$13,823$671.52$23,578$5,898.68$9.8KGBDC
4$15,746$955.66$37,115$11,886.75$21.4KGBDC
5$18,226$1,377.57$66,136$26,423.57$47.9KGBDC
6$21,519$2,017.74$137,257$66,491.44$115.7KGBDC
7$26,040$3,014.70$341,734$194,868.54$315.7KGBDC
8$32,479$4,616.33$1,050,788$685,133.02$1.02MGBDC
9$42,039$7,286.10$4,099,314$2,974,971.01$4.06MGBDC
10$56,916$11,933.69$20,775,530$16,389,263.41$20.72MGBDC

VNRGF vs GBDC: Complete Analysis 2026

VNRGFStock

Vienna Insurance Group AG, together with its subsidiaries, provides various insurance products and services in life, health, and property and casualty areas in Central and Eastern Europe. The company provides motor own damage, rail vehicle own damage, aircraft own damage, transport, fire and natural hazards, third party liability, carrier, aircraft liability, general liability, credit, guarantee, legal expenses, assistance, marine, aviation, and travel health insurance products, as well as sea, lake, and river shipping own damage insurance. It also offers reinsurance products and services. The company sells its products through sales employees, banks, brokers, and agents. It operates in Austria, the Czech Republic, Slovakia, Poland, Romania, the Baltic states, Hungary, Bulgaria, Turkey, Georgia, Albania, Kosovo, Bosnia-Herzegovina, Croatia, North Macedonia, Moldova, Serbia, Ukraine, Germany, and Liechtenstein. The company was founded in 1824 and is headquartered in Vienna, Austria. Vienna Insurance Group AG operates as a subsidiary of Wiener Stadtische Wechselseitiger Versicherungsverein - Vermögensverwaltung - Vienna Insurance Group.

Full VNRGF 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 →
📬

Get this VNRGF vs GBDC comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

VNRGF vs SCHDVNRGF vs JEPIVNRGF vs OVNRGF vs KOVNRGF 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.