Barings BDC Inc
F:TRY
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
B
|
Barings BDC Inc
F:TRY
|
US |
|
I
|
International Paper Co
DUS:INP
|
US |
|
Credit Agricole SA
MIL:ACA
|
FR |
|
BioLife Solutions Inc
NASDAQ:BLFS
|
US |
|
F
|
Fuji Electric Co Ltd
DUS:FJE
|
JP |
|
S
|
Starbucks Corp
XMUN:SRB
|
US |
|
A
|
Abbvie Inc
F:4AB
|
US |
|
Huatai Securities Co Ltd
F:206H
|
CN |
|
H
|
Hess Corp
XMUN:AHC
|
US |
|
E
|
Edwards Lifesciences Corp
BMV:EW
|
US |
|
I
|
Imperial Brands PLC
OTC:IMBBF
|
UK |
|
S
|
Starbucks Corp
SWB:SRB
|
US |
|
Workday Inc
NASDAQ:WDAY
|
US |
|
B
|
Barclays PLC
SWB:BCY
|
UK |
|
K
|
Kingspan Group PLC
XBER:KRX
|
IE |
|
W
|
Weatherford International PLC
F:0WE
|
US |
|
B
|
Barclays PLC
XMUN:BCY
|
UK |
|
F
|
Fastenal Co
DUS:FAS
|
US |
|
Bid Corporation Ltd
OTC:BPPPF
|
ZA |
|
Nice Ltd
NASDAQ:NICE
|
IL |
|
W
|
WP Carey Inc
SWB:WPY
|
US |
|
Nano One Materials Corp
F:LBMB
|
CA |
|
H
|
Hays PLC
OTC:HAYPY
|
UK |
|
U
|
US Bancorp
XMUN:UB5
|
US |
Barings BDC Inc
Barings BDC Inc. is a business development company that lends money to small and mid-sized private companies, mainly in the U.S. It focuses on senior secured loans, second-lien loans, mezzanine debt, and sometimes equity stakes in these businesses. Its customers are corporate borrowers that need financing for buyouts, growth, refinancing, or other corporate needs, often when they are too small or specialized for the public bond market. The company makes money mostly by collecting interest and fee income on its loan portfolio, and sometimes from equity investments if a company it backs grows or is sold. Barings, the investment manager behind the fund, searches for credit deals and monitors the borrowers over time. That makes BBDC more like a lender and credit investor than a traditional operating company. Its role in the market is to provide direct financing to middle-market businesses that want flexible capital outside the big banks. For investors, the business is built around a portfolio of private loans rather than selling products or services to consumers. That structure gives BBDC a clear place in corporate finance: it sits between bank lending and private equity, earning returns from credit underwriting and loan income.
Barings BDC Inc. is a business development company that lends money to small and mid-sized private companies, mainly in the U.S. It focuses on senior secured loans, second-lien loans, mezzanine debt, and sometimes equity stakes in these businesses. Its customers are corporate borrowers that need financing for buyouts, growth, refinancing, or other corporate needs, often when they are too small or specialized for the public bond market.
The company makes money mostly by collecting interest and fee income on its loan portfolio, and sometimes from equity investments if a company it backs grows or is sold. Barings, the investment manager behind the fund, searches for credit deals and monitors the borrowers over time. That makes BBDC more like a lender and credit investor than a traditional operating company.
Its role in the market is to provide direct financing to middle-market businesses that want flexible capital outside the big banks. For investors, the business is built around a portfolio of private loans rather than selling products or services to consumers. That structure gives BBDC a clear place in corporate finance: it sits between bank lending and private equity, earning returns from credit underwriting and loan income.
Stable NAV: Net asset value per share was $11.09, essentially flat from the previous quarter.
Solid Earnings: Net investment income for the quarter was $0.27 per share, down modestly from $0.32 last quarter, but still covered the $0.26 dividend.
Dividend Maintained: The Board declared a first quarter dividend of $0.26 per share, representing a 9.4% yield on NAV.
Portfolio Quality: Credit quality remained strong, with nonaccruals at just 0.2% of assets and risk ratings stable.
Portfolio Rotation: Accelerated exit of legacy Sierra and MVC assets continued, with Barings-originated positions now 96% of the portfolio.
Outlook Caution: Management expects declining base rates to put downward pressure on net investment income and possibly the dividend in 2026.
Software Exposure: Software investments make up 14% of the portfolio, with no exposure to ARR loans or highly leveraged, AI-vulnerable issuers.
Share Repurchases: Over 700,000 shares were repurchased in 2025; a new $30 million repurchase plan was authorized for 2026.