KBDC Q3 net investment income rises to $0.46 per share; NAV falls to $15.71
Kayne Anderson BDC reported third quarter 2026 net investment income of $30.2 million, or $0.46 per share, up from $0.42 in the second quarter. Net asset value per share fell to $15.71 from $16.00, and net earnings dropped to $0.10 per share after a $14.9 million realized loss tied to the restructuring of American Soccer Company (Score) and net unrealized losses. The company also declared a $0.40 per share fourth quarter dividend.
Key points
- Net investment income of $30.2 million, or $0.46 per share, versus $27.5 million, or $0.42 per share, in Q2 2026
- Net asset value per share of $15.71 at September 30, 2026, down from $16.00 at June 30, 2026
- Earnings per share of $0.10 versus $0.16 in Q2 2026, reflecting a $14.9 million realized loss on Score and net unrealized losses of $8.5 million
- Fourth quarter dividend of $0.40 per share, payable January 19, 2027, to holders of record as of December 31, 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 November 05, 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.