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Kayne Anderson BDC (KBDC) vs NXG NextGen Infrastructure Income Fund (NXG)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

NXG NextGen Infrastructure Income Fund (NXG) has outperformed Kayne Anderson BDC (KBDC) over the past year, gaining 12.0% versus a loss of 7.8%. Kayne Anderson BDC is the larger company by market cap ($821.0 million vs $416.9 million), about 2.0 times the size. On valuation, NXG NextGen Infrastructure Income Fund trades at a lower trailing P/E (2.4x vs 11.4x for Kayne Anderson BDC).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

KBDC-7.81%NXG+12.02%
+31%+10%-11%
Oct 8, 20251 yearOct 8, 2026
KBDC-22.30%NXG+36.43%
+57%+16%-26%
May 20, 20245 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

KBDC versus NXG key metrics
MetricKBDCNXG
Share price$12.43$56.86
Market cap$820.98M$416.91M
1-day change-0.62%+1.48%
YTD return-12.64%+10.95%
1-year return-7.81%+12.02%
5-year return—+15.26%
P/E ratio (TTM)11.412.43
Forward P/E7.89—
EPS (TTM)$1.09$23.38
Dividend yield12.79%12.85%
Annual dividend$0.00$0.00
52-week high$15.87$65.78
52-week low$12.32$47.10
Distance from 52-week high-21.66%-13.56%
Analyst consensusnone—
Avg. price target upside+16.63%—
Average volume372.31K90.98K
Shares outstanding66.04M7.33M
SectorFinancial ServicesFinancial Services
IndustryAsset ManagementAsset 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

  • NXG has outperformed KBDC by 19.8 percentage points over the past year.
  • Kayne Anderson BDC trades at a higher earnings multiple (11.4x vs 2.4x trailing P/E).

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 NXG NextGen Infrastructure Income Fund

NXG stock →

NXG NextGen Infrastructure Income Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturing companies and engineering and construction companies.

Financial Services · Asset Management

KBDC vs NXG FAQ

Which is bigger, Kayne Anderson BDC or NXG NextGen Infrastructure Income Fund?

Kayne Anderson BDC (KBDC) is larger, with a market capitalization of $820.98M compared with $416.91M for NXG NextGen Infrastructure Income Fund (NXG).

Which stock has performed better over the past year, KBDC or NXG?

NXG returned +12.02% over the past 12 months, compared with -7.81% for KBDC (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, KBDC or NXG?

NXG has the lower trailing P/E at 2.4, versus 11.4 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, Kayne Anderson BDC or NXG NextGen Infrastructure Income Fund?

NXG NextGen Infrastructure Income Fund has the higher yield at 12.85%, compared with 12.79% for Kayne Anderson BDC.

Are Kayne Anderson BDC and NXG NextGen Infrastructure Income Fund in the same industry?

Yes. Both are classified in the Asset Management industry within the Financial Services sector.

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