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Barings BDC BBDC Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Fair Value by Geography
Australia$24.42M+6.8%$24.05M+3.7%$23.9M+15.0%$23.63M+19.2%$22.86M-10.1%
Austria$6.24M+5.0%$6.46M+13.4%$6.46M+5.3%$6.46M+9.5%$5.94M0.0%
Belgium$4.15M-80.8%$20.65M-0.5%$20.61M-5.9%$20.58M-1.2%$21.64M+5.2%
Canada$2.95M+495%$2.08M+253%$373K-31.6%$397K-52.2%$496K-73.8%
France$105.99M-6.7%$110.11M-11.8%$107.38M-20.9%$107.69M-19.4%$113.62M-15.2%
Germany$46.95M+28.4%$47.82M+34.0%$48.37M-2.0%$39.87M-17.7%$36.57M-25.6%
Hong Kong$14.89M-0.4%$15M+1.1%$14.95M+0.8%$14.91M+1.9%$14.94M+2.5%
Ireland$8.59M+12.7%$8.74M+19.7%$13.61M+79.7%$13.56M+87.6%$7.62M+5.1%
Luxembourg$3.27M+49.0%$3.34M+57.0%$2.43M+5.7%$2.4M+7.7%$2.2M+21.7%
Netherlands$42.29M+1.8%$49.55M+25.4%$44.49M+2.6%$44.67M+6.4%$41.53M-0.2%
Singapore$4.96M-0.9%$4.95M-1.0%$4.95M-1.1%$4.94M-1.2%$5M+0.2%
Spain$3.11M$3.17M+52.4%$3.18M+42.2%$0-100%$0-100%
United Kingdom$78.64M-29.4%$111.15M0.0%$122.7M+2.2%$118.8M+3.6%$111.43M-7.5%
USA$787.52M+15.5%$816.55M+18.9%$769.31M+7.6%$717.46M-3.8%$681.82M-15.0%
Percentage of Total Portfolio by Geography
Australia2%0.0pp2%0.0pp
Austria1%0.0pp1%+0.5pp
Belgium0%-2.0pp2%+0.3pp
Canada0%0%0%+0.1pp0%+0.1pp0%-0.2pp
France9%-2.0pp11%+0.2pp
Germany4%+1.0pp1%+0.8pp3%-1.0pp
Hong Kong1%0.0pp1%-0.2pp
Ireland1%0.0pp1%+0.4pp
Luxembourg0%0%+0.2pp0%0%-0.1pp0%-0.1pp
Netherlands4%0.0pp4%+0.6pp
Singapore1%0.0pp0%-0.6pp0%-1%1%+0.6pp
Spain0%0%+0.2pp0%0%0%-0.4pp
United Kingdom7%-3.0pp1%+0.9pp10%+0.3pp
USA70%+6.0pp2%+1.1pp1%0%64%-0.6pp

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Questions, answered.

How does Barings BDC break its business down?
Barings BDC (BBDC) reports fair value by geography across 14 parts — Australia, Austria, Belgium, Canada and France. Each is extracted from the segment footnotes and tracked over time.
Where does Barings BDC's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Barings BDC's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.