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 7,327 funds
–
Analysts bullish %
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
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16.50
8%
upside
Avg. target
$16.75
10%
upside
High target
$17
11%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
UBS Doug Harter | 8%upside $16.50 | Neutral Maintained | 16 Jul 2025 |
RBC Capital Kenneth Lee | 11%upside $17 | Outperform Reiterated | 19 May 2025 |
Financial journalist opinion
Based on 6 articles about KBDC published over the past 30 days
Positive
Seeking Alpha
1 week ago
Kayne Anderson BDC: Potential, But Nothing Special Yet
Kayne Anderson BDC, Inc.'s fundamentals are solid, with high first-lien loan exposure, low leverage, and ongoing share repurchases supporting a defensive profile. Despite portfolio growth and strong activity, declining net investment income and rising non-accruals raise concerns about dividend sustainability, especially as rates fall. KBDC stock trades at a slight discount to NAV, but limited upside and economic uncertainty keep me cautious and maintain my Hold rating.
Neutral
Business Wire
2 weeks ago
Kayne Anderson BDC, Inc. Announces Investment in SG Credit Partners, Inc., a Leading Lower Middle Market Credit Platform
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, an affiliate of Kayne Anderson Capital Advisors, LP (“Kayne Anderson”), today announced an investment in SG Credit Partners, Inc. (along with affiliates and subsidiaries; “SG Credit”), a national credit platform focused on the lower middle market to complement KBDC's middle market investing strategy. SG C.
Neutral
Business Wire
3 weeks ago
Kayne Anderson BDC, Inc. Announces Second Quarter 2025 Earnings Release and Conference Call
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, 2025 on Monday, August 11, 2025, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Tuesday, August 12, 2025, to review its financial results. All interested parties are invited to partici.
Positive
Seeking Alpha
3 weeks ago
Two 10%+ Yielding BDCs Going From Bargains To Screaming Buys
Since the announcement of tariffs in early April, the BDC market has become a less interesting place for capital deployment (as we can imply from higher discounts). Yet, as it is usually the case, higher discounts mean more opportunities for patient investors. In this article, I discuss two 10%+ yielding BDCs, which, even before the uncertainty level spiked higher, were bargains and now have become even more attractive buys.
Negative
Seeking Alpha
4 weeks ago
BDC Dividend Cut Storm Likely Ahead
High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Companies (BDCs) offer attractive yields averaging 12.8%, with several high-quality players maintaining dividends even through challenging periods like COVID-19. However, rising interest rates pose a significant risk to BDC dividend sustainability, making it critical to reassess current exposures and avoid potential value impairments.
Positive
Seeking Alpha
4 weeks ago
Rare (Financial) Independence Day Specials: Very Undervalued Blue-Chip 10%+ Yields
It is rare to find blue-chip stocks yielding over 10% that are also deeply discounted. Fortunately, Mr. Market is offering several such opportunities right now. We discuss some of them in this article.
Negative
Seeking Alpha
1 month ago
Important Warning: A Perfect Storm Could Be Forming For BDCs
BDCs have been on a great run relative to the broader high-yield space over the past several years. However, the BDC Goldilocks environment appears poised to end soon, with several major potential headwinds emerging simultaneously. We share how we are approaching the sector as well as one of our newest top picks of the moment.
Positive
Seeking Alpha
1 month ago
Don't Retire Without These 10%+ Yields
10%+ yields generally bring too many risks for being included in retirement portfolios. But in this article, I discuss two defensive 10%+ yield plays, which could fit well into retirement investing strategies. I also provide relevant details, which justify my views.
Positive
Seeking Alpha
1 month ago
Buy The Dip: 6-10% Yields Getting Way Too Cheap
High-quality, high-yield stocks offer sustainable, growing dividends ideal for retirees seeking dependable passive income. I share some 6-10% yields that are getting very attractively priced. Both stocks provide income investors with the chance to lock in quality yields and double-digit total return profiles by buying the recent dips.
Positive
Seeking Alpha
2 months 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.
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