Public, exchange-traded

KBDC — Kayne Anderson BDC Inc

Kayne Anderson BDC Inc is a business development company managed by KA Credit Advisors. Strategy: middle-market sponsor-backed senior secured lending.

Research

Continue researching KBDC

Open KBDC's portfolio in the Market Monitor The Market Monitor scoped to KBDC: positions, spread surface, rich/cheap and credit health for this one portfolio. Signed-in workspace.
Research the credits it holds The portfolio table below: each credit links to its company page, with every other holder of that credit.

What SpreadVista tracks for KBDC

•Marks-to-par across the portfolio. Fair value as a fraction of par cost — the canonical health signal for a private-credit position — read from KBDC's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and KBDC reports one on 88.5% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.
•Non-accrual positions. The KBDC positions we tied to a non-accrual disclosure in the filer's own footnotes, and the dollar exposure behind them. A position is flagged only where the filing says so — every other position is carried as unknown, never as performing — so read this as a floor on KBDC's non-accruals, not a complete list.
•Top issuers by fair value. KBDC's concentration profile — the largest 10/25/50 exposures with mark and maturity context.
•Spread surface vs comparable BDCs. Where KBDC's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 60.5% of its positions that carry a tagged spread over a reference rate.
•Cross-vehicle issuer exposure. Which other BDCs and interval funds hold the same credits as KBDC — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for KBDC

SpreadVista only serves what the filer machine-tagged, and only computes a metric where there is enough of it to stand behind. Each item below is either under that bar for KBDC or something we could not tie to any individual position — the note says which. We leave them blank rather than infer them:

•NAV per share. We have no NAV-per-share observation for KBDC. Non-traded BDCs report NAV outside the tagged Schedule of Investments, so it doesn't reach us through the same pipeline as the positions.

See KBDC's full analytics

Free to research. Every KBDC position we serve, every cross-vehicle overlap — sourced directly from primary regulatory disclosures, with the methodology and the coverage gaps shown on every chart.

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About KBDC

Ticker: KBDC
Legal name: Kayne Anderson BDC Inc
Manager / Advisor: KA Credit Advisors
Category: Public, exchange-traded
Strategy: Middle-market sponsor-backed senior secured lending
Fiscal year end: 12-31

Related concepts

Plain-English explanations of the concepts behind BDC analysis:

Continue researching KBDC

Open KBDC's portfolio in the Market Monitor The Market Monitor scoped to KBDC: positions, spread surface, rich/cheap and credit health for this one portfolio. Signed-in workspace.

Research the credits it holds The portfolio table below: each credit links to its company page, with every other holder of that credit.

What SpreadVista tracks for KBDC

•Marks-to-par across the portfolio. Fair value as a fraction of par cost — the canonical health signal for a private-credit position — read from KBDC's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and KBDC reports one on 88.5% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.

•Non-accrual positions. The KBDC positions we tied to a non-accrual disclosure in the filer's own footnotes, and the dollar exposure behind them. A position is flagged only where the filing says so — every other position is carried as unknown, never as performing — so read this as a floor on KBDC's non-accruals, not a complete list.

•Top issuers by fair value. KBDC's concentration profile — the largest 10/25/50 exposures with mark and maturity context.

•Spread surface vs comparable BDCs. Where KBDC's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 60.5% of its positions that carry a tagged spread over a reference rate.

•Cross-vehicle issuer exposure. Which other BDCs and interval funds hold the same credits as KBDC — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for KBDC

•NAV per share. We have no NAV-per-share observation for KBDC. Non-traded BDCs report NAV outside the tagged Schedule of Investments, so it doesn't reach us through the same pipeline as the positions.