Kayne Anderson BDC: Solid Income Prospects, Just Needs More Time

  • The newly listed BDC Kayne Anderson has an effective initial portfolio management, but its brief operational history requires investors to maintain a "HOLD" position. The company has shown stability through early market difficulties while performing better than multiple top-rated BDCs at a slight discount to its net asset value. KBDC has strong financial health through its low debt-to-equity ratio and high institutional ownership, while providing a 10% dividend yield with well-covered dividend payments.