Leverage

Goldman Sachs BDC, Inc. reported Q4 2025 results with net investment income of $0.37 per share and NAV at $12.64. The $3.9 billion portfolio is heavily weighted towards senior secured debt. New commitments were $394.9 million, with net funded activity of $69.5 million. One investment was placed on non-accrual. Leverage increased to 1.27x. The company also issued new notes and declared dividends.