Goldman Sachs BDC (NYSE:GSBD) versus Nuveen Select Maturities Municipal Fund (NYSE:NIM) Head-To-Head Analysis

Goldman Sachs BDC (NYSE:GSBD) and Nuveen Select Maturities Municipal Fund (NYSE:NIM) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, valuation, profitability and institutional ownership.

Dividends

Goldman Sachs BDC pays an annual dividend of $1.80 per share and has a dividend yield of 12.0%. Nuveen Select Maturities Municipal Fund pays an annual dividend of $0.31 per share and has a dividend yield of 3.4%. Goldman Sachs BDC pays out 100.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Profitability

This table compares Goldman Sachs BDC and Nuveen Select Maturities Municipal Fund’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Goldman Sachs BDC	43.06%	15.05%	6.70%
Nuveen Select Maturities Municipal Fund	N/A	N/A	N/A

Risk & Volatility

Goldman Sachs BDC has a beta of 1.13, indicating that its share price is 13% more volatile than the S&P 500. Comparatively, Nuveen Select Maturities Municipal Fund has a beta of 0.25, indicating that its share price is 75% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and target prices for Goldman Sachs BDC and Nuveen Select Maturities Municipal Fund, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Goldman Sachs BDC	0	1	0	0	2.00
Nuveen Select Maturities Municipal Fund	0	0	0	0	N/A

Goldman Sachs BDC currently has a consensus target price of $15.00, indicating a potential upside of 0.13%. Given Goldman Sachs BDC’s higher possible upside, research analysts plainly believe Goldman Sachs BDC is more favorable than Nuveen Select Maturities Municipal Fund.

Valuation and Earnings

This table compares Goldman Sachs BDC and Nuveen Select Maturities Municipal Fund’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Goldman Sachs BDC	$454.91 million	3.61	$195.87 million	$1.80	8.32
Nuveen Select Maturities Municipal Fund	N/A	N/A	N/A	N/A	N/A

Goldman Sachs BDC has higher revenue and earnings than Nuveen Select Maturities Municipal Fund.

Institutional & Insider Ownership

28.7% of Goldman Sachs BDC shares are held by institutional investors. Comparatively, 32.2% of Nuveen Select Maturities Municipal Fund shares are held by institutional investors. 0.1% of Goldman Sachs BDC shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Goldman Sachs BDC beats Nuveen Select Maturities Municipal Fund on 8 of the 10 factors compared between the two stocks.

About Goldman Sachs BDC

Goldman Sachs BDC, Inc. is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities. The fund primarily invests in United States. It seeks to invest between $10 million and $75 million in companies with EBITDA between $5 million and $75 million annually.

About Nuveen Select Maturities Municipal Fund

Nuveen Select Maturities Municipal Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P Intermediate Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen Select Maturities Municipal Fund was formed on September 18, 1992 and is domiciled in the United States.