Is GBDC or GDV more undervalued in 2026?

CirclFi compares Golub Capital BDC, Inc. (GBDC) and Gabelli Dividend & Income Trust (GDV) using 13 institutional-grade valuation models. GBDC has a Quality of Company score of 6.3/10 while GDV scores 2.0/10.

Which is a better buy — GBDC or GDV?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do GBDC and GDV valuations compare?

GBDC at $13.09 and GDV at $29.30 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

GBDC vs GDV Valuation Comparison 2026 — Intrinsic Value Analysis

GBDC

Asset Management

Golub Capital BDC, Inc.

Quality

6.3

out of 10

Value Trap

WARN

Price

$13.09

Last close

Models

9/13

Active

GDV

Asset Management

Gabelli Dividend & Income Trust

Quality

2.0

out of 10

Value Trap

—

Price

$29.30

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	GBDC Fair Value	GBDC Upside	GDV Fair Value	GDV Upside
Bayesian DCF	Intrinsic	$1.15	-91.1%	$8.65	-70.5%
Earnings Power Value	Intrinsic	—	—	$12.74	-56.5%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$31.07	+137.4%	$31.95	+9.1%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

Access all valuation models for GBDC vs GDV — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

GBDC vs GDV — Which Stock Is More Undervalued?

GBDC scores higher with a 6.3/10 quality rating vs GDV's 2.0/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Golub Capital BDC, Inc. (GBDC) and Gabelli Dividend & Income Trust (GDV) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

GBDC currently trades at $13.09 with a QOC of 6.3/10, while GDV trades at $29.30 with a QOC of 2.0/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).