KBDC · Kayne Anderson BDC, Inc.
Market Cap
$818.87M
Shares
66.04M
Volume · Oct 7
469.51K
Avg daily vol (3M)
363.79K
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$12.61
Open$12.73
Day$12.61–12.80
52W close$12.56–15.71
Avg vol 30d362K
Short int430K · 0.7% float · 1.5d
Short vol42%
Last earningsAug 11, 2026
DataMay 2024–Oct 2026
Filing10-Q · Aug 10
Up next
filed Aug 10, 2026
call held Aug 11, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
—
Trailing 12 months
Net income (TTM)
$74.54M
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
7.3
Trailing earnings · reciprocal yield 13.6%
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
12.7%
Trailing 12 months
Shares change YoY
-6.4%
Year over year · fewer shares
Price change (1Y)
-8.0%
Trailing year
Short interest
0.7%
Latest settlement · 1.5 days to cover
AI Brief
Q2 FY26 earnings call · Aug 11, 2026
Q2 FY26
TL;DR. KBDC delivered Q2 NII of $0.42/share covering its $0.40 dividend with NAV declining $0.23 to $16.00 on realized/unrealized losses, while completing the BSL rotation, deploying $138.7M of new private credit commitments at SOFR+566, and maintaining $476.7M of liquidity.
Bullish
- + Completed the strategic rotation out of remaining BSL positions at SOFR+~300 into higher-yielding private credit, picking up ~250bps of spread
Bearish
- − NAV per share declined $0.23, or ~1.4%, to $16.00 driven by $0.26 of realized and unrealized losses
- − Debt-to-equity ratio rose to 1.17x from 1.05x due to delayed realizations rather than deliberate leverage, pushing leverage to the upper end of the 1.0x-1.25x target
- − Management acknowledged rising credit stress industry-wide with more non-accruals, restructurings, and NAV declines across BDCs
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Very Bullish
Fundamentals
Fair
Quant / Vol
Low
Market backdrop
VIX 15 · calm
Equity put/call 0.57
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−10%
below
Price vs 50-day avg
−5%
below
RSI (14)
35
neutral
MACD trend
Negative
52-week position
2%
near low
Momentum
relative strength
1-month return
−4%
trailing
6-month return
−14%
trailing
YTD return
−12%
this year
Relative strength
−25%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $13 › 200d $14 — 200d above 50d
Institutional flow
Accumulating
2 of 93 funds reported for Sep 30 · net +2.1K sh shares
Insider flow
Accumulating
Net +$10.0M over 90 days · 0% sells
Short interest
Falling
0.65% of float · ▼ -29.9% MoM · 1.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
93 holders — near 2-yr high, broad support
Squeeze score
42
elevated · 0–100
Fundamentals
EPS growth
−18%
Y/Y
Buyback
$95.8M
remaining
Quant / Vol
risk profile
Volatility
21%
annualized · 1-yr
Max drawdown
−20%
past year
ATR
2.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−10%
Bearish
Price vs 50-day avg
−5%
Bearish
RSI (14)
35
Neutral
MACD trend
Negative
Bearish
52-week position
2%
Bearish
Market signals — smart money & positioning
Bullish · 4 of 6
Trend (MA cross)
No cross
50d $13 › 200d $14 — 200d above 50d
Institutional flow
Accumulating
2 of 93 funds reported for Sep 30 · net +2.1K sh shares
Insider flow
Accumulating
Net +$10.0M over 90 days · 0% sells
Short interest
Falling
0.65% of float · ▼ -29.9% MoM · 1.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
93 holders — near 2-yr high, broad support
Price context
position in its 52-week range
Range low $13
Now $13 · 2%
Range high $16
vs 200-day avg -10%
vs 50-day avg -5%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Annualized ROE on net investment income non-GAAP | 10.5% | Q2 2026 | — |
| Average new private credit debt investment commitment amount | $9.9M | the three months ended June 30, 2026 filing | — |
| Average portfolio company investment size | $21.79M | June 30, 2026 | — |
| Gross new investment commitments | $138.7M | Q2 2026 | — |
| Net asset value per share | $16 | June 30, 2026 | — |
| Net investment income per share | $0.42 | Q2 2026 | — |
| Net principal amount of investments funded (repaid) | $78.5M | Q2 2026 | — |
| Non-accrual investments as a percentage of debt investments at fair value | 2.7% | June 30, 2026 | — |
| Non-accrual investments at fair value | $59.13M | June 30, 2026 | — |
| Number of new private credit debt investment commitments | 14 | the three months ended June 30, 2026 filing | — |
| Number of portfolio companies | 104 | June 30, 2026 | — |
| Percentage fixed-rate | 4.7% | June 30, 2026 | — |
| Percentage floating-rate | 95.3% | June 30, 2026 | — |
| Principal amount of investments funded | $146.4M | Q2 2026 | — |
| Principal amount of investments sold or repaid | -$67.9M | Q2 2026 | — |
| Total debt outstanding, at principal | $1.24B | June 30, 2026 | — |
| Total debt-to-equity ratio | 1.17 | June 30, 2026 | — |
| Weighted average interest rate of new private credit debt investment commitments | 9.2% | the three months ended June 30, 2026 filing | — |
| Weighted average maturity for new debt investment commitments | 4.2 | the three months ended June 30, 2026 filing | — |
| Weighted average yield - excluding non-accruals | 10.2% | June 30, 2026 | — |
| Weighted average yield - including non-accruals | 9.9% | June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Asset Management — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
KBDC
this stock
Kayne Anderson BDC, Inc.
|
$818.87M | -11.9% | — | — | 0.7% |
|
BLK
BlackRock, Inc.
|
$347.03B | +0.8% | +16.2% | 25.6 | 0.6% |
|
BX
Blackstone Inc.
|
$85.57B | -26.5% | +9.2% | 25.6 | 2.6% |
|
BN
BROOKFIELD Corp /ON/
|
$81.46B | -18.7% | — | — | 0.9% |
|
KKR
KKR & Co. Inc.
|
$80.49B | -28.9% | -11.0% | — | 1.5% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| KBDC | -3.5% | -4.4% | -13.8% | +0.4% | -11.9% |
| SPY | +2.0% | +1.7% | +11.3% | +2.2% | +14.3% |
| vs SPY | -5.5% | -6.1% | -25.1% | -1.8% | -26.2% |
Capital returns
Latest dividend
$0.40
/ share · ex Sep 30, 2026
Paid (TTM)
$1.60
/ share · 4 payouts
Dividend yield (TTM, derived)
12.69%
Buyback programs
· 8 active
· as of Aug 5, 2026
Authorized (total)
$504.25M
Spent (derived)
$408.45M
Remaining
$95.80M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.