Kayne Anderson BDC Inc

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The full company name is Kayne Anderson BDC, Inc.

Alerian MLP ETF

Ares Capital

Brookfield Renewable Partners

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure

VanEck Vectors BDC Income ETF

Vanguard Total Bond Market ETF

Blackstone Secured Lending Fund

Capital Southwest

Enbridge

Enterprise Products Partners

Golub Capital BDC

Janus Henderson AAA CLO ETF

Janus Detroit Street Trust-Janus Henderson B-BBB CLO ETF

JPMorgan Nasdaq Equity Premium Income ETF

Lineage Inc

Mid-America Apartment Communities

Main Street Capital

MPLX

Morgan Stanley Direct Lending Fund

Microsoft

iShares Preferred and Income Securities ETF 

Schwab US Dividend Equity ETF

The threat of higher inflation and interest rates for longer has sent the market into turmoil. However, high yield investors have nothing to fear from this development. We share a 7%-yielding portfolio that is well-positioned to weather the current macro environment.

Worried About Higher For Longer? Sleep Well With This 7%-Yielding Portfolio

Blackstone Group

Vanguard Real Estate ETF

Utilities Select Sector SPDR Fund

The market rarely offers 10%+ yielding common equities that have a low risk of facing a cut. However, once in a while it offers up compelling opportunities like this. I share two 10%+ yields that are well-covered, and the market appears to be sleeping on them.

10% Yields: 2 Well-Covered Big Dividends The Market Is Sleeping On

CION Investment Corp

Fidus Investment

FS KKR Capital Corp

Hercules Capital

Oaktree Specialty Lending

TCP Capital

Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsustainable yields, which are abundant in the inherently risky sector. In this article, I share a BDC portfolio that has ~10.5% yield, healthier fundamentals than the average in the space, and, importantly, meaningful price appreciation potential.

Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding

KBDC offers a solid 9.6% regular yield, with strong dividend coverage and low non-accruals at 1%, making it a defensive BDC. The portfolio is highly diversified, focused on first-lien senior secured debt, ensuring high repayment priority supported by low borrower/industry concentration risk. Despite sensitivity to interest rate changes, KBDC's dividend coverage remains robust unless rates drop by 175 bps, which is highly unlikely in the near term.

Kayne Anderson: Defensive BDC Overlooked By The Market

Western Gas Partners

Usually, high yields come with high chances of falling into a value trap. It is very difficult to find truly protected yields. It is even more difficult to combine yield protection with income growth.

Who Said ~ 9% Yields Cannot Grow Further? Consider These 2 Picks

CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”) (the “Company”) announced the amendment of its senior secured revolving credit facility (the “Corporate Credit Facility”). The amendment added a new lender and extended the maturity date on the existing $400 million of aggregate commitments to November 22, 2029. An additional commitment of $75 million has a maturity date of February 18, 2027. The Corporate Credit Facility allows the Company, under certain circumstances, to.

Kayne Anderson BDC, Inc. Announces Amendment of its Corporate Credit Facility to Extend the Maturity Date and Reduce Borrowing Costs

Bain Capital Specialty Finance Inc

Weak asset quality is a near-term headwind for the Zacks SBIC & Commercial Finance industry. Yet, a rise in financing demand across sectors as rates come down will support companies like Kayne Anderson (KBDC) and Bain Capital (BCSF).

2 SBIC & Commercial Finance Stocks to Buy Amid Industry Challenges

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 third quarter ended September 30, 2024. “We are pleased to report strong origination activity during the third quarter,” said Doug Goodwillie, Co-Chief Executive Officer. “Origination volumes have picked-up substantially during 2024 and we see this pace continui.

Kayne Anderson BDC, Inc. Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.40 Per Share

Gladstone Investment

Gladstone Investment Corporation - 6.375% PRF REDEEM 31/08/2025 USD 25 - Ser E

Saratoga Investment

We take a look at the action in business development companies through the second week of October and highlight some of the key themes we are watching. BDCs were down on the week, with PSEC and TPVG underperforming. GAIN's large special dividend led to a significant stock rally pre-ex-div date; the dividend capture strategy proved ineffective, as the stock opened down more than the dividend.

BDC Weekly Review: Dividend Capture Is A Tough Gig

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 third quarter ended September 30, 2024 on Wednesday, November 13, 2024, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Thursday, November 14, 2024, to review its financial results. All interested parties are invite.

Kayne Anderson BDC, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call

Kayne Anderson BDC, Inc. is a new business development company with an NAV of $1.2 billion, trading at a 3% discount and offering a ~10% dividend yield. Kayne Anderson's portfolio is 98% first-lien senior secured loans backed by private equity sponsors, ensuring high defense and robust credit quality. KBDC boasts the lowest debt-to-equity ratio in the BDC space at 0.52x, with strong NII per share levels covering dividends by 127%.

Kayne Anderson BDC: Close To Being My Favorite Defensive BDC Pick

Kayne Anderson launched KBDC in late 2021, joining other established firms in the Business Development Corporation investment sector. It went public last spring. KBDC's investment strategy focuses on generating current income through first lien senior secured loans to middle market companies. The firm plans to leverage Kayne Anderson's established loan sourcing channels and underwriting process to achieve its investment objectives.

Kayne Anderson BDC: A First Look Gets A Hold

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 second quarter ended June 30, 2024. “We believe that the core middle market represents the most attractive risk / reward area of private credit and are pleased with the portfolio of senior secured first lien loans that we have constructed for KBDC,” said Ken L.

Kayne Anderson BDC, Inc. Announces June 30, 2024 Financial Results and Declares Third Quarter 2024 Dividend of $0.40 Per Share

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, 2024 on Tuesday, August 13, 2024, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Wednesday, August 14, 2024, to review its financial results. All interested parties are invited to part.

Kayne Anderson BDC, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call

CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, has priced its initial public offering of 6,000,000 shares of its common stock at $16.63 per share. KBDC's shares of common stock are expected to begin trading on the New York Stock Exchange on May 22, 2024 under the symbol “KBDC.” KBDC also granted the underwriters an option to purchase up to an additional 900,000 shares of its commo.

Kayne Anderson BDC, Inc. Prices Initial Public Offering

News for Kayne Anderson BDC Inc ETF (KBDC)