Kayne Anderson BDC, Inc. (KBDC)
| Market Cap | 1.11B |
| Revenue | n/a |
| Net Income | n/a |
| Shares Out | 71.12M |
| EPS | n/a |
| PE Ratio | n/a |
| Forward PE | 8.97 |
| Dividend | $1.50 (9.64%) |
| Ex-Dividend Date | Jun 9, 2025 |
| Volume | 164,041 |
| Open | 15.28 |
| Previous Close | 15.26 |
| Day's Range | 15.49 - 15.64 |
| 52-Week Range | 13.93 - 17.99 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 17.20 (+10.54%) |
| Earnings Date | May 12, 2025 |
About KBDC
Kayne Anderson BDC, Inc. is a business development company and an externally managed, closed-end, non-diversified management investment company that intends to elect to be regulated as a BDC under the 1940 Act. The fund seeks to make investments in middle-market companies. It also makes debt investments in middle-market companies and investing primarily in first lien senior secured, unitranche, and split-lien loans to privately held middle-market companies. The fund considers between 80% and 90% of its portfolio (including investments purchased... [Read more]
Analyst Forecast
According to 5 analysts, the average rating for KBDC stock is "Buy." The 12-month stock price forecast is $17.2, which is an increase of 10.54% from the latest price.
News
A Big BDC Catalyst That Can Change The Game Dramatically
BDCs have been pushed into the (on average) ~19% discount territory. In my view, steep discounts are justified for the majority of the BDCs. Yet, for some (high-quality ones) the market has gone too f...
Kayne Anderson BDC, Inc. Announces First 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 ...
BDCs Are In Trouble, But In These Two I'm Increasing My Stakes
BDCs have performed worse than the S&P 500. It is logical since private credit is per definition a high-risk asset class. All in all, many BDCs are in trouble.
Volatile Times But Stable Retirement Income: 1 BDC And 1 REIT To Buy
My core strategy focuses on high-quality, durable income streams, which are now benefiting from the current market conditions favoring value/income-based investing. Income investors may finally outper...
Billionaire Investor Warns Of 'Significant Correction' And Buys High Yield: Our Picks
A leading hedge fund billionaire is increasingly bearish on the stock market—find out what he's buying instead. We discuss the overlooked strategy that smart money is betting on to crush stagflation r...
How To Navigate BDC Investing In Lower Interest Rate Environment
Lower interest rates negatively impact BDCs' net investment income due to the floating rate nature of their loans tied to the Fed Funds rate. A typical BDC portfolio, with a debt to equity ratio of 1....
My BDC Portfolio And The Strategy For Alpha Going Forward
This is my first BDC portfolio monthly performance review article. The good news is that the portfolio has done its job, outperforming the two BDC benchmarks - PBDC and BIZD. Yet, on an absolute basis...
Kayne Anderson BDC: Still A Hold, But Discount And Fundamentals Are Attractive For Income-Focused Investors
Kayne Anderson BDC, despite a short track record, shows strong fundamentals with high first-lien loan exposure and diversified borrower portfolio, making it a defensive investment. Latest earnings rep...
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cas...
Kayne Anderson BDC: Continuing To Show Its Potential For Growth
I maintain a buy rating on Kayne Anderson BDC due to its attractive financials, strong distribution coverage, and undervalued market price despite recent growth. KBDC's portfolio has grown impressivel...
Two 9%+ Dividends Going From Bargains To Screaming Buys
The market has become more volatile. As it is usually the case, higher volatility tends to open interesting opportunity for long-term investors. In this article, I discuss two 9%+ yielding picks, whic...
A $5,000 Monthly Income Portfolio For A 'SWAN' Retirement
In this article, I share a three-category portfolio approach to achieve $5,000 of durable monthly current income streams. With durable monthly distributions, I mean well-mitigated dividend cut risk an...
Kayne Anderson BDC: Still Under The Radar, Still My Top 1 BDC
I issued a bullish thesis on Kayne Anderson BDC, Inc. in October 2024, making it my largest BDC holding. KBDC now consumes ~25% of my BDC portfolio, which I constructed for transparency and easy track...
Kayne Anderson BDC, Inc. (KBDC) Q4 2024 Earnings Call Transcript
Kayne Anderson BDC, Inc. (NYSE:KBDC) Q4 2024 Earnings Conference Call March 4, 2025 10:00 AM ET Company Participants Terry Hart - Chief Financial Officer Ken Leonard - Co-Chief Executive Officer Doug...
Kayne Anderson BDC, Inc. Announces December 31, 2024 Financial Results and Declares First 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 ann...
My BDC Portfolio To Beat The Index And Generate Durable Income
In this article I have elaborated on my actual BDC portfolio. The objective of this portfolio is to beat the BDC-specific indices/ETFs and capture durable base dividends. The portfolio is optimized ac...
Double The Invested Capital In 7 Years With These 2 Income Picks
Doubling your money is an attractive idea. The "Rule of 72" helps estimate how long it will take to double your capital with a fixed annual return rate. I discuss two investment picks, which are, in m...
Why BDCs Is My Favorite Sector To Invest For Durable Income
The BDC segment is my favorite area to invest for high and durable income. In fact, my highest-conviction investment is a BDC. In this article, I discuss several structural reasons why, in my view, BD...
5 BDC Investment Criteria And 3 Picks I'd Recommend For Retirees
As a BDC bull, I've to admit that most BDCs are not good enough for being included in a durable retirement/passive income portfolio. In the article I share 5 specific criteria that we have to comply w...
Kayne Anderson BDC, Inc. Announces Fourth Quarter 2024 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 ...
Steeper Yield Curve And BDCs: This Is What You Have To Know
The past couple of months, which include the steepening of the yield curve, have been positive for BDCs. However, higher long-term rates and a steeper yield curve create a net negative effect for BDC ...
2 High Yield BDCs With Exceptional Value To Price Ratio
BDC investing is primarily about income with less emphasis on growth. One way to activate the second (price appreciation) component is through investing in heavily discounted BDCs. The other, more pru...
Kayne Anderson BDC: Investment Activity And Share Repurchase Plan Can Lead To Growth
Kayne Anderson BDC offers a high dividend yield of 9.6% and focuses on middle market companies, aiming for high current income and capital appreciation. KBDC's diverse $1.9B portfolio, with no single ...
An 8%+ Retirement Income Cocktail Of: 1 BDC, 1 MLP, And 1 ETF
The usual sweet spot range for high and durable income is 6-8%. Anything above that tends to come with unfavorable financial risk. Yet, by being selective and careful, 8%+ exceptions can be found.
My Top 10 BDCs For 2025
Despite expected interest rate declines, BDCs are poised for strong performance in 2025 due to potential rate hikes and inflation uncertainties. BDCs provide capital to small businesses, have high yie...