Golub Capital BDC 4 LLC

CIK 0001901612Golub Capital

Golub Capital BDC 4 LLC is a non-traded business development company advised by Golub Capital. With $2.5 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 99% in first-lien senior secured loans and 99% floating-rate, at a weighted-average spread of 503 bps over the base rate. Its largest sector exposure is Information Technology (15% of holdings).

NAV/Share

$15.00

AUM

$2.5B

Positions

888

Strategy

Private Credit

Wtd. Avg. Coupon

8.2%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

5.1 yrs

99% coverage

Top 10 Concentration

12.2%

Instrument type

Share of portfolio fair value

First Lien

98%

of fair value

First Lien Senior Loans97.7%

Second Lien Loans0.1%

Unsecured Loans0.8%

Equity1.1%

Fund Vehicles0.1%

Industry exposure

Share of holdings fair value

Top 5

95%

of holdings

Information Technology15.4%

Health Care13.2%

Industrials13.1%

Financials4.6%

Consumer Discretionary2.3%

Other2.3%

Consumer Staples0.3%

Communication Services0.2%

Materials0.2%

Utilities0.1%

Unknown48.4%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

15.4%