Kayne Anderson BDC, Inc. is a leading business development company that specializes in providing flexible financing solutions to middle-market businesses across various sectors. The company focuses on generating attractive risk-adjusted returns through strategic investments in secured debt and equity, targeting companies with strong operational fundamentals. By leveraging its extensive industry expertise and robust networks, Kayne Anderson BDC enhances the growth potential of its portfolio companies while offering consistent income and capital appreciation to investors. This strategic framework makes Kayne Anderson BDC an appealing investment opportunity for institutional investors seeking exposure to the resilient middle-market landscape.
| Revenue (TTM) | 0 |
| Gross Profit (TTM) | 0 |
| EBITDA | — |
| Operating Margin | 0.00% |
| Return on Equity | 0.00% |
| Return on Assets | 0.00% |
| Revenue/Share (TTM) | $0.00 |
| Book Value | — |
| Price-to-Book | 0.84 |
| Price-to-Sales (TTM) | 10.83 |
| EV/Revenue | 24.9 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 0.00% |
| Shares Outstanding | $66.04M |
| Float | 0 |
| % Insiders | 26.40% |
| % Institutions | 41.87% |
Volatility is currently expanding
KBDC stands out as a rare externally managed BDC worth holding, despite typical structural drawbacks. Recent Q2 results showed declining NII and NAV, higher leverage, and increased non-accruals, but underlying drivers suggest near-term improvement. KBDC trades at a 15% discount to NAV, with NII per share expected to rise next quarter due to portfolio rotation and higher spreads.
Kayne Anderson BDC NYSE: KBDC reported second-quarter 2026 net investment income of $0.42 per share, exceeding its quarterly dividend by $0.02 per share, while net asset value declined amid realized and unrealized portfolio losses and the completion of its exit from broadly syndicated loans.
Kayne Anderson BDC, Inc. (KBDC) Q2 2026 Earnings Call Transcript
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the second quarter ended June 30, 2026. Financial Highlights for the Quarter Ended June 30, 2026 Net investment income of $27.5 million, or $0.42 per share; Net asset value of $16.00 per share, decreased from $16.23 per share as of March 31, 2026, primarily as a res.
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it will release its financial results for the second quarter ended June 30, 2026 on Monday, August 10, 2026, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Tuesday, August 11, 2026, to review its financial results. All interested parties are invited to partici.
Externally managed BDCs have to meet a high bar to qualify for a durable income portfolio. Their fees and sub-optimal incentives provide a structural headwind for long-term compounding. In my portfolio, I hold 2 externally managed BDCs that have passed the test.
Kayne Anderson BDC remains a buy, offering an attractive risk-to-reward profile despite sector headwinds and recent underperformance. KBDC trades at a 16% discount to BV, with nearly 12% dividend yield and ~107.5% NII coverage, supporting dividend safety. Portfolio diversification is strong, with minimal (2%) software/technology exposure, reducing AI disruption risk relative to peers.
Kayne Anderson BDC, Inc. (KBDC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Higher interest rates are generally favorable for BDCs. However, some BDCs can suffer from higher rates that could potentially result in painful dividend cuts. In this article, I explain how we as BDC investors could digest the current rate regime and its implications on dividends.
Kayne Anderson BDC is rated Hold, balancing solid dividend coverage and portfolio resilience against rising non-accruals and watchlist exposure. KBDC maintains a defensive portfolio: 93% first-lien, low software exposure, high diversification, and stable leverage at 1.05x, supporting dividend stability. Non-accruals and watchlist percentages have increased, but management expects improvement as certain troubled assets are resolved in coming quarters.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on KBDC and any ticker you trade — then tracks every position and per-strategy win rate.
