Kayne Anderson BDC, Inc. (KBDC) Form 8-K — Nov 5, 2026
Kayne Anderson BDC (NYSE: KBDC) reported Q3 2026 net investment income of $30.2 million, or $0.46 per share, beating its $0.40 base dividend and producing an 11.7% annualized ROE on NII. However, NAV per share fell to $15.71 from $16.00, driven by $0.36 of realized and unrealized losses — including a $14.9 million realized loss on the restructure of portfolio company American Soccer Company (Score) — and non-accruals rose to 3.6% of debt investments at fair value from 2.7% last quarter.
Key figures
- Eps
- 0.1
- Revenue
- 58963000
- Net Income
- 6609000
- Total Debt
- 1212000000
- Total Assets
- 2288551000
- Cash Position
- 45700000
- Nii usd
- 30200000
- Fundings usd
- 91900000
- Nav per share
- 15.71
- Nii per share
- 0.46
- Debt to equity
- 1.17x
- First lien pct
- 92.5%
- Repayments usd
- 114900000
- Realized loss usd
- 14901000
- Dividend per share
- 0.4
- Non accrual fv usd
- 78413000
- New commitments usd
- 76300000
- Portfolio companies
- 100
- Q4 dividend payable
- January 19, 2027
- Total liquidity usd
- 508700000
- Asset coverage ratio
- 186%
- Annualized roe on nii
- 11.7%
- Avg spread over sofar
- 587 bps over SOFR
- October buyback shares
- 146242
- Net funded decrease usd
- 23000000
- Q4 dividend record date
- December 31, 2026
- Portfolio fair value usd
- 2222668000
- October buyback avg price
- 12.6
- October buyback total usd
- 1800000
- Non accrual pct of debt fv
- 3.6%
- Unrealized loss change usd
- 8472000
- Nav per share prior quarter
- 16
- Undistributed nii per share
- 0.32
- Undrawn credit availability usd
- 463000000
- Remaining buyback authorization usd
- 92800000
- Weighted avg yield excl nonaccruals
- 10.3%
AI analysis
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