Credit And ValuationKayne's higher-end deployment yields show potential for a greater premium valuation in time as the perception of credit risk is subdued.
EarningsKayne Anderson (KBDC) reported Q3 core EPS of $0.52, above consensus forecast of $0.51.
Portfolio PerformanceKBDC’s value-oriented portfolio should outperform given lower levels of PIK income, lower borrower leverage, and higher interest coverage relative to peers.