Carlyle Secured Lending (CGBD) vs MidCap Financial Investment (MFIC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Carlyle Secured Lending (CGBD) has outperformed MidCap Financial Investment (MFIC) over the past year, losing 12.8% versus a loss of 28.0%. Over five years, CGBD leads with a -24.1% price change compared with -37.0% for MFIC. Carlyle Secured Lending is the larger company by market cap ($725.2 million vs $702.6 million), about 1.0 times the size.
On valuation, MidCap Financial Investment trades at a lower forward P/E (6.8x vs 7.4x for Carlyle Secured Lending). MidCap Financial Investment offers the higher dividend yield (16.18% vs 14.71%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CGBD | MFIC |
|---|---|---|
| Share price | $10.54 | $8.53 |
| Market cap | $725.20M | $702.64M |
| 1-day change | +1.35% | +1.07% |
| YTD return | -15.61% | -26.22% |
| 1-year return | -12.82% | -27.99% |
| 5-year return | -24.06% | -36.97% |
| P/E ratio (TTM) | 21.08 | — |
| Forward P/E | 7.36 | 6.84 |
| EPS (TTM) | $0.50 | $-0.35 |
| Dividend yield | 14.71% | 16.18% |
| Annual dividend | $1.55 | $1.38 |
| 52-week high | $13.28 | $12.50 |
| 52-week low | $9.95 | $8.31 |
| Distance from 52-week high | -20.63% | -31.76% |
| Analyst consensus | hold | none |
| Avg. price target upside | +17.27% | +22.04% |
| Average volume | 525.36K | 561.43K |
| Shares outstanding | 68.80M | 82.37M |
| Sector | Finance | Finance |
| Industry | Finance: Consumer Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CGBD has outperformed MFIC by 15.2 percentage points over the past year.
- MidCap Financial Investment offers a meaningfully higher dividend yield (16.18% vs 14.71%).
About Carlyle Secured Lending
CGBD stock →Carlyle Secured Lending, Inc. is business development company specializing in first lien debt, senior secured loans, second lien senior secured loan unsecured debt, mezzanine debt and investments in equities.
Finance · Finance: Consumer Services
About MidCap Financial Investment
MFIC stock →MidCap Financial Investment Corporation is a Private Debt, business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.
Finance · Finance/Investors Services
CGBD vs MFIC FAQ
Which is bigger, Carlyle Secured Lending or MidCap Financial Investment?
Carlyle Secured Lending (CGBD) is larger, with a market capitalization of $725.20M compared with $702.64M for MidCap Financial Investment (MFIC).
Which stock has performed better over the past year, CGBD or MFIC?
CGBD returned -12.82% over the past 12 months, compared with -27.99% for MFIC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Carlyle Secured Lending or MidCap Financial Investment?
MidCap Financial Investment has the higher yield at 16.18%, compared with 14.71% for Carlyle Secured Lending.
Are Carlyle Secured Lending and MidCap Financial Investment in the same industry?
Both are in the Finance sector, but in different industries: Finance: Consumer Services for Carlyle Secured Lending and Finance/Investors Services for MidCap Financial Investment.