Equity Overview
Price & Market Data
Price: $15.23
Daily Change: -$0.17 / 1.12%
Daily Range: $15.16 - $15.43
Market Cap: $1,079,552,512
Daily Volume: 120,679
Performance Metrics
1 Week: -1.68%
1 Month: -3.49%
3 Months: -3.18%
6 Months: -10.84%
1 Year: -2.96%
YTD: -6.80%
Details
Kayne Anderson BDC, Inc. is business development company and an externally managed, closed-end, non-diversified management investment company that intends to elect to be regulated as a BDC under the 1940 Act. The fund seeks to make investments in middle-market companies. It also makes debt investments in middle-market companies and investing primarily in first lien senior secured, unitranche, and split-lien loans to privately held middle-market companies. The fund considers between 80% and 90% of its portfolio (including investments purchased with proceeds from borrowings) will be invested in first lien senior secured, unitranche and split-lien term loans. The remaining 10% to 20% of its portfolio will be invested in higher-yielding investments, including, but not limited to, second lien loans, last-out or subordinated loans, non-investment grade broadly syndicated leveraged loans, high-yield bonds, structured products (including CLO liabilities), real estate related debt securities, equity securities purchased in conjunction with debt investments and other opportunistic investments.