Goldman Sachs BDC's Q3 investment income falls on portfolio shrinkage and non-accruals
GSBD•Goldman Sachs BDC reported Q3 net investment income of $0.32 per share, with total investment income down due to a smaller portfolio and more non-accrual investments. Net asset value per share fell 3% from Q2, and the company declared a Q4 2026 base dividend of $0.32 per share.
1. Q3 results
Goldman Sachs BDC's net investment income was $0.32 per share in Q3, down from Q2. The company said total investment income fell mainly because its portfolio was smaller and more investments were on non-accrual status; non-accrual investments increased during the quarter.
2. NAV and dividend
Net asset value per share declined 3% from the prior quarter. Net expenses fell due to reduced interest expense and lower management fees. The company declared a Q4 2026 base dividend of $0.32 per share.
