Kayne Anderson BDC, Inc. is 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 with proceeds from borrowings) will be invested in first lien senior secured, unitranche and split-lien term loans. The remaining 10% to 20% of its portfolio will be invested in higher-yielding investments, including, but not limited to, second lien loans, last-out or subordinated loans, non-investment grade broadly syndicated leveraged loans, high-yield bonds, structured products (including CLO liabilities), real estate related debt securities, equity securities purchased in conjunction with debt investments and other opportunistic investments.
Dividend Dynamo | Kayne Anderson BDC offers a compelling 10.19% dividend yield, with potential for special dividends in 2025, attracting income-focused investors |
Middle-Market Maven | Delve into KBDC's strategic focus on core middle-market direct lending in stable markets, balancing growth potential with risk mitigation |
Financial Fortitude | Explore KBDC's "FAIR" financial health rating and its implications for stability amidst changing asset yields and funding costs |
Analyst Outlook | Learn about KBDC's projected 18% total return and price targets ranging from $16 to $17, reflecting diverse perspectives on its growth trajectory |
Metrics to compare | KBDC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipKBDCPeersSector | |
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P/E Ratio | 0.0x | 3.9x | 9.5x | |
PEG Ratio | 0.00 | 0.00 | 0.03 | |
Price/Book | 0.0x | 0.7x | 1.0x | |
Price / LTM Sales | 0.0x | 5.8x | 2.8x | |
Upside (Analyst Target) | 0.0% | 0.0% | 13.2% | |
Fair Value Upside | Unlock | 0.0% | 1.8% | Unlock |