The BDC universe is small and a large chunk of it is uninvestable for institutional money managers. This renders the sector susceptible to emotional and unsubstantiated flows that ultimately create di...

Despite expected interest rate declines, BDCs are poised for strong performance in 2025 due to potential rate hikes and inflation uncertainties. BDCs provide capital to small businesses, have high yie...

BDCs are currently exposed to multiple structural headwinds. It is very difficult to substantiate a bullish case for the BDC sector. In my view, to achieve alpha, one would have to go far out on the r...

The threat of higher inflation and interest rates for longer has sent the market into turmoil. However, high yield investors have nothing to fear from this development. We share a 7%-yielding portfoli...

The financial outlook for many BDCs is not promising. Already lower base rates will continue to depress results in Q4 reports. The trajectory for SOFR is not great either.

The market rarely offers 10%+ yielding common equities that have a low risk of facing a cut. However, once in a while it offers up compelling opportunities like this. I share two 10%+ yields that are ...

Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsu...

KBDC offers a solid 9.6% regular yield, with strong dividend coverage and low non-accruals at 1%, making it a defensive BDC. The portfolio is highly diversified, focused on first-lien senior secured d...

Usually, high yields come with high chances of falling into a value trap. It is very difficult to find truly protected yields. It is even more difficult to combine yield protection with income growth.

The BDC segment offers significant opportunities for retail investors due to low competition from institutional investors and potential valuation inefficiencies. The best thing that could happen is if...

CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”) (the “Company”) announced the amendment of its senior secured revolving credit facility (the “Corporate Credit Facility”). The ...

Weak asset quality is a near-term headwind for the Zacks SBIC & Commercial Finance industry. Yet, a rise in financing demand across sectors as rates come down will support companies like Kayne Anderso...

CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today ann...

Private credit market is experiencing a significant boom, which is driven by increased regulations in the banking sector and higher base rates. As a result of this, the BDC IPO market has been active ...

We take a look at the action in business development companies through the second week of October and highlight some of the key themes we are watching. BDCs were down on the week, with PSEC and TPVG u...

CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it ...