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Kayne Anderson BDC (KBDC)

BDC - Debt Focused BDC

Data as of July 16, 2024
Market Price $16.13 (+ $0.14)
NAV (March 31, 2024) $16.63 ( $0.00)
Fund Listed NYSE
Premium / Discount -3.01% (+0.84%)
Fund Info
Inception May 22, 2024
Sponsor KA Credit Advisors
Website https://kaynebdc.com/
Phone kaynebdc@kayneanders
Location Texas
Incorporated Delaware
Staggered Board No
Term Date N/A
Objective: Current income and, capital appreciation by investing primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies.
Related Indexes
Debt-Focused Business Development Company (BDC) Index
Capital & Leverage
Outstanding Shares 71,116,459
Total Assets (Reported: March 31, 2024) $1,844M
Estimated Total Assets $1,831M
Net Assets $1,183M
Market Cap $1,147M
Portfolio Turnover 8.40%
Debt-to-Equity 0.8051
Total Leverage 35.42%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 12.15%
Non Lev Exp Ratio 3.77%
Gross Asset Expense Ratio 4.92%
Gross Asset Non Lev Exp Ratio 1.53%
Rel Lev Cost 9.58%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -4.33%
Discount High(3 Yr) -0.48%
Discount Rel Range (3 Yr) 34.38%
Comp Discount -3.45
Discount St Dev (1Yr)
Z-Stat (6mo)
Z-Stat (1Yr)
Z-Stat (3Yr)
Comp Z-Stat (6mo)
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 0.00%
Income Yield 0.00%
Lev Adj NAV Yield 0.00%
Av Yield on Debt Investments 11.70
Distribution Frequency Q
Current Distribution $
Current Income $
Payable Date
Div Growth (3yr) %
Dividend Change % on
Expected Div
RoC (1yr) %
RoC (3yr) %
Volume & Liquidity
Average Daily $ (K) $1,610
Avg Volume 30 day 57,865
Avg Volume 90 day 99,816
Volume Trend -42.03%
Comp Volume Trend -37.70%
Correlation & Volatility
Price St Dev (1Yr) %
NAV St Dev (1Yr) %
Earnings / Share (3/31/24) $0.488
Adj Core NII Coverage %
1 Yr Avg NII Coverage %
1 Yr Avg Adj Core NII Coverage %
NII Trend %
Adj Core NII Trend %
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % %
% Loans with Libor Floor 0%


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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