Kayne Anderson BDC Q2 net investment income slips to $0.42 a share; NAV falls to $16.00
Kayne Anderson BDC reported second quarter 2026 net investment income of $27.5 million, or $0.42 per share, down from $28.9 million, or $0.43 per share, in the first quarter. Net asset value fell to $16.00 per share from $16.23 at March 31, 2026, mainly due to realized and unrealized losses, and earnings per share dropped to $0.16 from $0.26. The company also declared a $0.40 third quarter dividend, payable October 16, 2026.
Key points
- Net investment income was $27.5 million, or $0.42 per share, versus $28.9 million, or $0.43 per share, in Q1 2026.
- Total investment income was $55.7 million, down from $57.3 million in Q1 2026.
- Realized and unrealized losses totaled $16.8 million; earnings per share were $0.16 versus $0.26 in Q1 2026.
- Board declared a $0.40 per share dividend, payable October 16, 2026, to holders of record as of September 30, 2026.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.