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 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
625% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 4
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
181% more capital invested
Capital invested by funds: $23.7M [Q3] → $66.7M (+$42.9M) [Q4]
125% more funds holding
Funds holding: 20 [Q3] → 45 (+25) [Q4]
3.61% more ownership
Funds ownership: 2.06% [Q3] → 5.67% (+3.61%) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
1%
downside
Avg. target
$16.25
0%
upside
High target
$16.50
2%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
UBS Doug Harter 100% 1-year accuracy 1 / 1 met price target | 1%downside $16 | Neutral Maintained | 17 Apr 2025 |
Keefe, Bruyette & Woods Paul Johnson 59% 1-year accuracy 10 / 17 met price target | 2%upside $16.50 | Market Perform Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 12 articles about KBDC published over the past 30 days
Neutral
Seeking Alpha
1 day 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.
Positive
Seeking Alpha
2 days ago
Kayne Anderson BDC: Solid Income Prospects, Just Needs More Time
The newly listed BDC Kayne Anderson has an effective initial portfolio management, but its brief operational history requires investors to maintain a "HOLD" position. The company has shown stability through early market difficulties while performing better than multiple top-rated BDCs at a slight discount to its net asset value. KBDC has strong financial health through its low debt-to-equity ratio and high institutional ownership, while providing a 10% dividend yield with well-covered dividend payments.
Positive
Seeking Alpha
5 days ago
Kayne Anderson BDC: 10% Yield And Low Leverage Make It A Buy
Income stocks like Kayne Anderson BDC are crucial in volatile markets, offering a 10.2% dividend yield and reducing reliance on capital gains. KBDC's portfolio is 98% first-lien senior secured loans and diversified across 110 companies in mostly defensive sectors. Despite lower interest rates, KBDC's solid underwriting, low leverage ratio, and steady NAV performance provide a strong foundation for future growth.
Positive
Seeking Alpha
1 week ago
Enough With 60/40, Consider 100% Dividend Strategy For Retirement
The 60/40 portfolio, with 60% in equities and 40% in bonds, has long been the gold standard in the investment game. Yet, it has failed to deliver on its promise. In my view, a durable income strategy is a better approach, especially for funding retirement and becoming financially independent.
Positive
Seeking Alpha
1 week ago
8-11% Yields For Stress-Free Retirement Dividend Income
Lock in monthly income from recession-resistant preferreds trading at deep discounts to par. Earn a well-covered 11% yield from a conservatively run business. Get paid 8% from a blue-chip with a strong growth profile.
Positive
Seeking Alpha
1 week ago
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 far.
Neutral
Business Wire
2 weeks ago
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 will release its financial results for the first quarter ended March 31, 2025 on Monday, May 12, 2025, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Tuesday, May 13, 2025, to review its financial results. All interested parties are invited to participate u.
Negative
Seeking Alpha
2 weeks ago
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.
Positive
Seeking Alpha
3 weeks ago
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 outperform growth-tilted indices due to macro-level factors muting growth expectations and emphasizing quality and defense. Yet, we have to still be careful of not falling into value traps and securities that have a thin margin of safety on their dividend fronts.
Negative
Seeking Alpha
3 weeks ago
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 risks. We share some of our top picks.
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