Kayne Anderson BDC (KBDC) vs New Mountain Finance (NMFC)
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 New Mountain Finance (NMFC) over the past year, losing 7.8% versus a loss of 26.4%. Kayne Anderson BDC is the larger company by market cap ($826.1 million vs $643.2 million), about 1.3 times the size. On valuation, New Mountain Finance trades at a lower forward P/E (6.5x vs 7.9x for Kayne Anderson BDC).
New Mountain Finance pays a dividend yielding 17.77%, 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 | KBDC | NMFC |
|---|---|---|
| Share price | $12.51 | $6.81 |
| Market cap | $826.13M | $643.22M |
| 1-day change | +0.89% | +1.04% |
| YTD return | -12.64% | -26.06% |
| 1-year return | -7.81% | -26.38% |
| 5-year return | — | -50.07% |
| P/E ratio (TTM) | 11.48 | — |
| Forward P/E | 7.94 | 6.49 |
| EPS (TTM) | $1.09 | $-0.48 |
| Dividend yield | 12.79% | 17.77% |
| Annual dividend | $0.00 | $1.21 |
| 52-week high | $15.87 | $9.84 |
| 52-week low | $12.32 | $6.69 |
| Distance from 52-week high | -21.17% | -30.79% |
| Analyst consensus | none | none |
| Avg. price target upside | +15.91% | +21.73% |
| Average volume | 372.31K | 522.85K |
| Shares outstanding | 66.04M | 94.45M |
| Sector | Financial Services | Finance |
| Industry | Asset Management | Finance/Investors Services |
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 NMFC by 18.6 percentage points over the past year.
- New Mountain Finance offers a meaningfully higher dividend yield (17.77% vs 12.79%).
- The two companies sit in different sectors: Kayne Anderson BDC in Financial Services and New Mountain Finance in Finance.
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
About New Mountain Finance
NMFC stock →New Mountain Finance Corporation (Nasdaq: NMFC), a business development company, is a private equity/buyouts and loan fund that specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies.
Finance · Finance/Investors Services
KBDC vs NMFC FAQ
Which is bigger, Kayne Anderson BDC or New Mountain Finance?
Kayne Anderson BDC (KBDC) is larger, with a market capitalization of $826.13M compared with $643.22M for New Mountain Finance (NMFC).
Which stock has performed better over the past year, KBDC or NMFC?
KBDC returned -7.81% over the past 12 months, compared with -26.38% for NMFC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Kayne Anderson BDC or New Mountain Finance?
New Mountain Finance has the higher yield at 17.77%, compared with 12.79% for Kayne Anderson BDC.
Are Kayne Anderson BDC and New Mountain Finance in the same industry?
No. Kayne Anderson BDC is in the Financial Services sector, while New Mountain Finance is in Finance.