Professional
Added to YB: 2025-06-03
Pitch date: 2025-06-02
BBDC [bullish]
Barings BDC, Inc.
+7.28%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Barings BDC, Inc. is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940.
Market Cap
$980.0M
Pitch Price
$8.42
Price Target
19.00 (+110%)
Dividend
11.17%
EV/EBITDA
N/A
P/E
9.95
EV/Sales
8.55
Sector
Capital Markets
Category
turnaround
Idea Brunch with Nicholas Marshi of BDC Investment Advisors - Barings BDC, Inc.
BBDC: Granular, diverse BDC portfolio with Wingspire ABL investment as defensive position. Management very shareholder-friendly with high incentive fee hurdle. Stable NAV when 75% of peers dropped. Plans dividend increase in 2025 despite sector-wide cuts. 15% discount to recent price; potential 2x return in 5 years with dividend reinvestment.
Read full article (1 min)