Kayne Anderson BDC, Inc. (KBDC) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power ...

Group 1 - Kayne Anderson BDC, Inc. (KBDC) has been established as a significant position in the investment portfolio since its assessment began in October 2024 [1] Group 2 - Roberts Berzins has over a decade of experience in financial management, focusing on corporate financial strategies and large-scale financings [2] - He has contributed to institutionalizing the REIT framework in Latvia to enhance liquidity in pan-Baltic capital markets [2] - His work includes developing national SOE financing guidelines and frameworks for channeling private capital into affordable housing [2]

These results underscore the resilience of our investment approach and the quality of our portfolio construction, with 93% of our portfolio structured as senior secured debt. As mentioned in my introduction, our value lending strategy deliberately avoids highly leveraged loans—what we call “deep and cheap”—made to software businesses. While many BDC peers report more than 20% of their portfolios allocated there, our portfolio has approximately 2% to these sectors. Instead, Kayne Anderson private credit has ...

Exhibit 99.1 Kayne Anderson BDC, Inc. Announces December 31, 2025 Financial Results and Declares First Quarter 2026 Dividend of $0.40 Per Share Selected Financial Highlights | | As of | | | | | --- | --- | --- | --- | --- | | | December 31, | | | September 30, | | (in thousands, expect per share data) | 2025 | | | 2025 | | Investment portfolio, at fair value | $ | 2,198,421 | $ | 2,255,513 | | Total assets | $ | 2,286,702 | $ | 2,337,968 | | Total debt outstanding, at principal | $ | 1,130,000 | $ | 1,153,0 ...

Core Viewpoint - Kayne Anderson BDC, Inc. reported its financial results for the fourth quarter of 2025, highlighting a net investment income of $30.1 million and a slight decrease in net asset value per share [1] Financial Performance - The net investment income for the quarter ended December 31, 2025, was $30.1 million, equating to $0.44 per share [1] - The net asset value per share decreased to $16.32 from $16.34 as of September 30, 2025 [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-01363 Kayne Anderson BDC, Inc. (Exact name of registrant as specified in its charter) | Delaware | 83-0531326 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer ...

Group 1 - Trinity Capital Inc. (TRIN) is highlighted as one of the top three Business Development Companies (BDCs) alongside Kayne Anderson BDC, Inc. (KBDC) and Fidus Investment (FDUS) [1] Group 2 - Roberts Berzins has over a decade of experience in financial management, focusing on helping top-tier corporates with financial strategies and large-scale financings [2] - He has contributed to institutionalizing the REIT framework in Latvia to enhance the liquidity of pan-Baltic capital markets [2] - His policy-level work includes developing national SOE financing guidelines and frameworks for channeling private capital into affordable housing [2]

Capital Rotation - There has been a notable capital rotation from growth and technology sectors into value and high-quality dividends in recent weeks [1]

Core Viewpoint - Kayne Anderson BDC, Inc. (KBDC) will release its financial results for Q4 2025 on March 2, 2026, and will host a conference call on March 3, 2026, to discuss these results [1][2]. Company Overview - KBDC is a business development company that primarily invests in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies [3]. - The company is externally managed by KA Credit Advisors, LLC, which is a subsidiary of Kayne Anderson Capital Advisors, L.P., a notable alternative investment management firm [3]. - KBDC has chosen to be regulated as a BDC under the Investment Company Act of 1940, aiming to generate current income and, to a lesser extent, capital appreciation [3].

Core Viewpoint - Business Development Companies (BDCs) have lost their attractiveness as interest rates have risen, indicating a shift in market sentiment towards these financial entities [1]. Group 1: Industry Overview - The appeal of BDCs is significantly lower compared to the period when interest rates began to increase, suggesting a challenging environment for these companies [1]. Group 2: Key Individuals - Roberts Berzins has over a decade of experience in financial management, focusing on helping top-tier corporates with financial strategies and large-scale financings [1]. - Berzins has contributed to institutionalizing the REIT framework in Latvia to enhance the liquidity of pan-Baltic capital markets [1].