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Barings BDC, Inc. (BBDC)

BDC - Debt Focused BDC

Data as of June 2, 2023
Market Price $7.96 (+ $0.04)
NAV (March 31, 2023) $11.17 ( $0.00)
Fund Listed NYSE
Premium / Discount -28.74% (+0.36%)
Fund Info
Inception Feb. 15, 2007
Sponsor Barings
Website https://ir.barings.com/
Phone (919) 719-4784
Location North Carolina
Incorporated Maryland
Staggered Board Yes
Objective: Current income and capital appreciation, primary focus on mezzanine financing with equity components for lower middle market companies.
Related Indexes
Debt-Focused Business Development Company (BDC) Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 107,916,166
Total Assets (Reported: March 31, 2023) $2,726M
Estimated Total Assets $2,654M
Net Assets $1,205M
Market Cap $859M
Portfolio Turnover 10.24%
Debt-to-Equity 1.2352
Total Leverage 54.58%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 13.18%
Non Lev Exp Ratio 6.77%
Gross Asset Expense Ratio 5.82%
Gross Asset Non Lev Exp Ratio 2.99%
Rel Lev Cost 5.19%
Discount Data
Average Discount (3 Yr) -15.22%
Discount Low(3 Yr) -35.63%
Discount High(3 Yr) 0.61%
Discount Rel Range (3 Yr) 19.02%
Comp Discount -16.82
Discount St Dev (1Yr) 6.52
Z-Stat (6mo) -0.38
Z-Stat (1Yr) -0.95
Z-Stat (3Yr) -1.50
Comp Z-Stat (6mo) -0.16
Comp Z-Stat (3Yr) -1.20
Distribution Data
Market Yield 12.56%
Income Yield 12.56%
Lev Adj NAV Yield 5.79%
Av Yield on Debt Investments 10.20
Distribution Frequency Q
Current Distribution $0.250
Current Income $0.250
Ex-Date 6/6/23
Payable Date 6/14/23
Div Growth (3yr) 56.25%
Dividend Change 4.2% on 2/23/23
Expected Div 8/3/23
RoC (1yr) 0.00%
RoC (3yr) 1.00%
Tax Dividend Data 2022 2020 - 2022
Income 100% 99.0%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 0% 1.0%
Volume & Liquidity
Average Daily $ (K) $4,275
Avg Volume 30 day 482,279
Avg Volume 90 day 537,065
Volume Trend -10.20%
Comp Volume Trend 1.00%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's BDC Index
Most Correlated Peer (Mk Pr): BCSF 83.0%
Price St Dev (1Yr) 23.6%
NAV St Dev (1Yr) 4.6%
Earnings / Share (3/31/23) $0.255
Adj Core NII Coverage 101.93%
1 Yr Avg NII Coverage 116.58%
1 Yr Avg Adj Core NII Coverage 116.58%
NII Trend 9.45%
Adj Core NII Trend 9.45%
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % 1.00%
% Loans with Libor Floor 85%


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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