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Barings BDC, Inc. (BBDC)

BDC - Debt Focused BDC

Data as of Dec. 9, 2024
Current
Market Price $9.86 (+ $0.10)
NAV (Sept. 30, 2024) $11.32 ( $0.00)
Fund Listed NYSE
Premium / Discount -12.90% (+0.88%)
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
Term Date N/A
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
Capital & Leverage
Outstanding Shares 105,558,938
Total Assets (Reported: Sept. 30, 2024) $2,605M
Estimated Total Assets $2,518M
Net Assets $1,195M
Market Cap $1,041M
Portfolio Turnover 13.69%
Debt-to-Equity 1.1460
Total Leverage 52.55%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 13.39%
Non Lev Exp Ratio 5.96%
Gross Asset Expense Ratio 6.24%
Gross Asset Non Lev Exp Ratio 2.78%
Rel Lev Cost 6.59%
Discount Data
Average Discount (3 Yr) -18.15%
Discount Low(3 Yr) -35.63%
Discount High(3 Yr) -1.41%
Discount Rel Range (3 Yr) 66.43%
Comp Discount -10.32
Discount St Dev (1Yr) 3.72
Z-Stat
Z-Stat (6mo) 0.10
Z-Stat (1Yr) 0.76
Z-Stat (3Yr) 0.71
Comp Z-Stat (6mo) -0.20
Comp Z-Stat (3Yr) 0.27
Distribution Data
Market Yield 10.55%
Income Yield 10.55%
Lev Adj NAV Yield 6.02%
Av Yield on Debt Investments 10.60
Distribution Frequency Q
Current Distribution $0.260
Current Income $0.260
Ex-Date 12/4/24
Payable Date 12/11/24
Div Growth (3yr) 18.18%
Dividend Change 4.0% on 8/9/23
Expected Div 2/20/25
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2023 2021 - 2023
Income 100% 99.0%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 0% 1.0%
Volume & Liquidity
Average Daily $ (K) $3,707
Avg Volume 30 day 469,187
Avg Volume 90 day 375,984
Volume Trend 24.79%
Comp Volume Trend 11.19%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
14.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
27.0%
Price Correlation (1yr)
vs. CEFA's BDC Index
59.0%
Most Correlated Peer (Mk Pr): NMFC 57.0%
Price St Dev (1Yr) 18.7%
NAV St Dev (1Yr) 1.7%
Earnings
Earnings / Share (9/30/24) $0.286
Adj Core NII Coverage 109.98%
1 Yr Avg NII Coverage 122.70%
1 Yr Avg Adj Core NII Coverage 122.70%
NII Trend 15.68%
Adj Core NII Trend 15.68%
Performance
Price Beta (2yr)
vs. S&P 500 (TR)
0.80
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.80
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
0.91
Portfolio Data
Avg Libor Floor % 1.00%
% Loans with Libor Floor 84%

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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.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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