Welcome to our dedicated page for Kayne Anderson BDC SEC filings (Ticker: KBDC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Kayne Anderson BDC, Inc. filings document the regulatory disclosures of a NYSE-listed business development company that invests mainly in middle-market credit. The record includes 8-K reports for operating results, earnings-call materials, Regulation FD announcements, material definitive agreements, senior unsecured notes, interest-rate swaps and equity distribution arrangements.
Proxy materials cover director elections and auditor ratification, while registration-related disclosures describe common stock issuance mechanics under its shelf registration framework. The filings also address KBDC's BDC structure, external management by KA Credit Advisors, LLC, capital structure, governance matters and recurring financial reporting for its loan portfolio.
Kayne Anderson BDC, Inc. reported fourth quarter 2025 net investment income of $30.1 million, or $0.44 per share, and earnings of $0.32 per share. Net asset value was $16.32 per share, with net assets of about $1.11 billion and a debt-to-equity ratio of 1.02x.
The company’s investment portfolio had a fair value of approximately $2.2 billion across 107 portfolio companies, with about 93% in first-lien senior secured loans and 95.7% of debt investments at floating rates. Non-accrual loans were 1.4% of debt investments at fair value.
The board declared a first quarter 2026 regular dividend of $0.40 per share, payable April 16, 2026 to shareholders of record on March 31, 2026. Management highlighted strong portfolio stability, limited software exposure around 2% of the portfolio, and continued focus on value-oriented lending in defensive, private equity–backed middle market borrowers.
Kayne Anderson BDC, Inc. files its annual report outlining a senior-secured, middle‑market lending strategy focused on first lien loans, which made up 93.2% of the portfolio as of December 31, 2025. The top ten portfolio companies represented $433.1 million, or 19.7% of long‑term investments.
The company reported $1,130 million of indebtedness under credit facilities and senior unsecured notes and had 66,977,598 common shares outstanding as of February 20, 2026. A Rule 10b5‑1 repurchase plan authorizes up to $100 million of buybacks through May 24, 2026, with $59.9 million still available at year‑end 2025.
Bank of America Corporation has filed Amendment No. 1 to a Schedule 13G reporting its beneficial ownership of Kayne Anderson BDC, Inc. common stock as of December 31, 2025.
The firm reports beneficial ownership of 5,447,842 shares, representing 8.0% of the outstanding common stock, based on 68,395,751 shares disclosed by the issuer. Bank of America has shared voting power over 5,348,616 shares and shared dispositive power over 5,447,842 shares, with no sole voting or dispositive power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Kayne Anderson BDC.
State of Michigan Retirement System has disclosed a significant ownership stake in Kayne Anderson BDC, Inc. The pension fund reports beneficial ownership of 6,566,762 shares of common stock, representing 9.601% of the company’s outstanding shares as of January 15, 2026.
The filing shows that the fund has sole power to vote and dispose of all 6,566,762 shares, with no shared voting or dispositive power. Its ownership first exceeded five percent on May 21, 2024, when it held 6,566,762 shares, or 9.234% of the then-outstanding 71,116,459 shares.
The State of Michigan Retirement System certifies that these securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Kayne Anderson BDC, Inc.
Kayne Anderson BDC, Inc. reported that it plans to release its financial results for the fourth quarter ended December 31, 2025 on March 2, 2026 after the close of financial markets. The company also plans to host an earnings conference call on March 3, 2026 at 10:00 AM Eastern Time to review these results.
These details were provided through a press release, which is included as an exhibit to this report and is being furnished rather than filed under securities laws.
Kayne Anderson BDC, Inc. reported an insider ownership update: its Senior Vice President filed a Form 3 initial statement of beneficial ownership as of 11/10/2025.
The filing lists indirect holdings of 427.316 shares held in a spouse’s brokerage account and 122.926 shares held in a custodial Roth IRA for a minor. No derivative securities were reported.
Kayne Anderson BDC, Inc. (KBDC) reported several updates. The company furnished a press release with financial results for the third quarter ended September 30, 2025 and will host a conference call on November 11, 2025 to discuss the quarter. An earnings presentation is available on its website and attached as an exhibit.
The Board declared a fourth quarter 2025 dividend of $0.40 per share, payable on January 16, 2026 to stockholders of record on December 31, 2025.
The Board also appointed Frank P. Karl as President and Andy Wedderburn-Maxwell as Senior Vice President. The company stated there are no arrangements or family relationships related to these appointments, and no related‑party transactions requiring disclosure.
Kayne Anderson BDC, Inc. (KBDC) reported several updates. The company furnished a press release with financial results for the third quarter ended September 30, 2025 and will host a conference call on November 11, 2025 to discuss the quarter. An earnings presentation is available on its website and attached as an exhibit.
The Board declared a fourth quarter 2025 dividend of $0.40 per share, payable on January 16, 2026 to stockholders of record on December 31, 2025.
The Board also appointed Frank P. Karl as President and Andy Wedderburn-Maxwell as Senior Vice President. The company stated there are no arrangements or family relationships related to these appointments, and no related‑party transactions requiring disclosure.
Kayne Anderson BDC, Inc. reported third‑quarter results for the period ended September 30, 2025. Net investment income was $30,046 (amounts in thousands), down from $37,053 a year ago, with basic and diluted net investment income per share of $0.43 versus $0.52. Total investment income was $61,373, while interest expense rose to $20,207. The net increase in net assets resulting from operations was $24,613, reflecting unrealized losses this quarter.
Total assets were $2,337,968 and net assets were $1,140,096. Net asset value per common share was $16.34, compared with $16.70 at December 31, 2024. Debt balances included $301,000 on the Corporate Credit Facility, $570,000 on the Revolving Funding Facility, $207,000 on Revolving Funding Facility II and $75,000 in notes. For the nine months, cash dividends to stockholders totaled $98,937 and common stock repurchases were $23,074. Shares outstanding were 69,764,799 as of September 30, 2025; 68,395,751 were issued and outstanding as of November 5, 2025.
During July 2025, the company invested in SG Credit through an $80,000 term loan, a $34,000 unfunded delayed draw term loan, and $12,000 of common equity, resulting in ownership of 22.5% of SG Credit’s outstanding common equity; the equity is not consolidated.
Kayne Anderson BDC, Inc. reported third‑quarter results for the period ended September 30, 2025. Net investment income was $30,046 (amounts in thousands), down from $37,053 a year ago, with basic and diluted net investment income per share of $0.43 versus $0.52. Total investment income was $61,373, while interest expense rose to $20,207. The net increase in net assets resulting from operations was $24,613, reflecting unrealized losses this quarter.
Total assets were $2,337,968 and net assets were $1,140,096. Net asset value per common share was $16.34, compared with $16.70 at December 31, 2024. Debt balances included $301,000 on the Corporate Credit Facility, $570,000 on the Revolving Funding Facility, $207,000 on Revolving Funding Facility II and $75,000 in notes. For the nine months, cash dividends to stockholders totaled $98,937 and common stock repurchases were $23,074. Shares outstanding were 69,764,799 as of September 30, 2025; 68,395,751 were issued and outstanding as of November 5, 2025.
During July 2025, the company invested in SG Credit through an $80,000 term loan, a $34,000 unfunded delayed draw term loan, and $12,000 of common equity, resulting in ownership of 22.5% of SG Credit’s outstanding common equity; the equity is not consolidated.
Kayne Anderson BDC, Inc. filed a current report to let investors know when it will share its next set of quarterly results. The company plans to release its financial results for the third quarter ended September 30, 2025 after markets close on Monday, November 10, 2025.
Management will then host an earnings conference call on Tuesday, November 11, 2025 at 10:00 a.m. Eastern Time to review and discuss the results. These details were provided through a press release attached as an exhibit, which is being furnished for informational purposes and is not treated as filed under securities laws.
Rhonda Scott Smith, a director of Kayne Anderson BDC, Inc. (KBDC), reported a purchase of 365 shares of the issuer's common stock on 09/29/2025 at a price of $13.6762 per share. After this transaction she beneficially owned 1,615 shares in a direct capacity. The Form 4 is signed by the reporting person on 09/30/2025.