Kayne Anderson BDC (KBDC) Earnings Transcript

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 ...