Bain Capital Specialty Finance (BCSF) vs Kayne Anderson BDC (KBDC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Kayne Anderson BDC (KBDC) has outperformed Bain Capital Specialty Finance (BCSF) over the past year, losing 7.8% versus a loss of 21.3%. Kayne Anderson BDC is the larger company by market cap ($826.1 million vs $699.3 million), about 1.2 times the size. On valuation, Kayne Anderson BDC trades at a lower forward P/E (7.9x vs 8.1x for Bain Capital Specialty Finance).
Bain Capital Specialty Finance pays a dividend yielding 15.58%, while Kayne Anderson BDC does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BCSF | KBDC |
|---|---|---|
| Share price | $10.78 | $12.51 |
| Market cap | $699.28M | $826.13M |
| 1-day change | +1.03% | +0.89% |
| YTD return | -22.50% | -12.64% |
| 1-year return | -21.26% | -7.81% |
| 5-year return | -27.75% | — |
| P/E ratio (TTM) | 10.89 | 11.48 |
| Forward P/E | 8.06 | 7.94 |
| EPS (TTM) | $0.99 | $1.09 |
| Dividend yield | 15.58% | 12.79% |
| Annual dividend | $1.68 | $0.00 |
| 52-week high | $14.70 | $15.87 |
| 52-week low | $10.53 | $12.32 |
| Distance from 52-week high | -26.67% | -21.17% |
| Analyst consensus | none | none |
| Avg. price target upside | +17.16% | +15.91% |
| Average volume | 438.19K | 372.31K |
| Shares outstanding | 64.87M | 66.04M |
| Sector | Finance | Financial Services |
| Industry | Finance/Investors Services | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- KBDC has outperformed BCSF by 13.4 percentage points over the past year.
- Bain Capital Specialty Finance offers a meaningfully higher dividend yield (15.58% vs 12.79%).
- The two companies sit in different sectors: Bain Capital Specialty Finance in Finance and Kayne Anderson BDC in Financial Services.
About Bain Capital Specialty Finance
BCSF stock →Bain Capital Specialty Finance, Inc. is business development company specializing in direct loans to middle-market companies.
Finance · Finance/Investors Services
About Kayne Anderson BDC
KBDC stock →Kayne Anderson BDC, Inc. is business development company and an externally managed, closed-end, non-diversified management investment company that intends to elect to be regulated as a BDC under the 1940 Act.
Financial Services · Asset Management
BCSF vs KBDC FAQ
Which is bigger, Bain Capital Specialty Finance or Kayne Anderson BDC?
Kayne Anderson BDC (KBDC) is larger, with a market capitalization of $826.13M compared with $699.28M for Bain Capital Specialty Finance (BCSF).
Which stock has performed better over the past year, BCSF or KBDC?
KBDC returned -7.81% over the past 12 months, compared with -21.26% for BCSF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BCSF or KBDC?
BCSF has the lower trailing P/E at 10.9, versus 11.5 for KBDC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Bain Capital Specialty Finance or Kayne Anderson BDC?
Bain Capital Specialty Finance has the higher yield at 15.58%, compared with 12.79% for Kayne Anderson BDC.
Are Bain Capital Specialty Finance and Kayne Anderson BDC in the same industry?
No. Bain Capital Specialty Finance is in the Finance sector, while Kayne Anderson BDC is in Financial Services.