KBDC
Kayne Anderson BDCKBDC
KBDC
About: Kayne Anderson BDC Inc is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company that invests primarily in first-lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle-market companies. Its investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through debt investments in middle-market companies.
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
250% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 8
229% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 7
52% more capital invested
Capital invested by funds: $66.8M [Q4 2024] → $101M (+$34.6M) [Q1 2025]
35% more funds holding
Funds holding: 46 [Q4 2024] → 62 (+16) [Q1 2025]
3.09% more ownership
Funds ownership: 5.68% [Q4 2024] → 8.77% (+3.09%) [Q1 2025]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
1%
upside
Avg. target
$16.38
4%
upside
High target
$17
8%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
RBC Capital Kenneth Lee | 8%upside $17 | Outperform Reiterated | 19 May 2025 |
Wells Fargo Finian O'Shea | 1%upside $16 | Overweight Maintained | 28 Apr 2025 |
UBS Doug Harter | 1%upside $16 | Neutral Maintained | 17 Apr 2025 |
Keefe, Bruyette & Woods Paul Johnson | 5%upside $16.50 | Market Perform Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 5 articles about KBDC published over the past 30 days
Positive
Seeking Alpha
2 weeks ago
My Top 2 Buy And Hold Forever BDC Picks
BDCs are high-risk assets. It means that buy and hold forever strategy might be suboptimal. Yet, there are exceptions.
Positive
Seeking Alpha
3 weeks ago
2 BDCs That Qualify For The Retirement Income League
Business development companies, or BDCs, are inherently risk-on assets that operate in a volatile segment (private credit). In most cases they do not go well together with retirement income portfolios. Yet, there are some rare exceptions.
Negative
Seeking Alpha
3 weeks ago
Kayne Anderson BDC: Q1 Earnings Weaken Appeal (Rating Downgrade)
Kayne Anderson remains attractively valued in a premium BDC sector, but recent earnings and weaker distribution coverage warrant caution. Net investment income has declined, and dividend coverage is now tight, raising the risk of a potential cut if conditions don't improve. Portfolio fundamentals are strong with diversified, first-lien, floating-rate debt, but rising non-accruals and high rates present headwinds.
Positive
Seeking Alpha
3 weeks ago
Kayne Anderson BDC: Why It Remains My Top Pick In The Sector
KBDC is my largest BDC holding, driven by its conservative balance sheet, high portfolio quality, and attractive valuation. Since IPO, KBDC has delivered stable dividends and outperformed the BDC index, even during challenging market conditions. Recent Q1 2025 results highlight some areas for investor concern, but the core investment thesis remains intact.
Positive
Seeking Alpha
3 weeks ago
2 Stress-Free High Yields For Retirement And Significant Upside Potential
It is rare to find investments with high yields, strong capital appreciation potential, and relatively low risk. However, there are exceptions to this. We discuss two of these opportunities with yields of 8-10%.
Neutral
Seeking Alpha
1 month ago
Kayne Anderson BDC, Inc. (KBDC) Q1 2025 Earnings Call Transcript
Kayne Anderson BDC, Inc. (NYSE:KBDC ) Q1 2025 Earnings Conference Call May 13, 2025 10:00 AM ET Company Participants Terry Hart - Chief Financial Officer Ken Leonard - Co-Chief Executive Officer Doug Goodwillie - Co-Chief Executive Officer Lee Feingold - Private Credit Managing Director Conference Call Participants Doug Harter - UBS Operator Ladies and gentlemen, hello and welcome to Kayne Anderson BDC, Inc. First Quarter 2025 Earnings Call. A question-and-answer session will follow the formal presentation.
Neutral
Business Wire
1 month ago
Kayne Anderson BDC, Inc. Announces March 31, 2025 Financial Results and Declares Second Quarter 2025 Dividend of $0.40 Per Share
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 first quarter ended March 31, 2025. “We are pleased to report one of our strongest first quarters of investment activity since KBDC's inception,” said Doug Goodwillie, Co-Chief Executive Officer. “Our strategy of building a diversified portfolio of stable, well-.
Positive
Seeking Alpha
1 month ago
High Yield And Stress-Free Investing, 2 Picks To Get Both
10%+ yields and stress-free investing tend to be mutually exclusive. Yet, when the base rates are this high and the uncertainty levels in the system are elevated, it becomes more possible to capture both aspects. While there will be more value traps than sustainable income-producers, by doing a proper fundamental analysis we can avoid some of these unpleasant risks.
Positive
Seeking Alpha
1 month ago
My BDC Portfolio: 2 Months In And A Clear Alpha Performance
My BDC Portfolio: 2 Months In And A Clear Alpha Performance
Neutral
Seeking Alpha
1 month ago
Investing In BDCs For Durable Income Amidst The Looming Recession
Rising non-accrual base is the BDC Achilles heel. The current economic conditions drive up the probability of that risk. Hence, the BDC income and NAV durability have become extremely important topics.
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