Kayne Anderson BDC (KBDC) vs Prospect Capital (PSEC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Kayne Anderson BDC (KBDC) has outperformed Prospect Capital (PSEC) over the past year, losing 8.8% versus a loss of 37.0%. Prospect Capital is the larger company by market cap ($918.2 million vs $822.2 million), about 1.1 times the size. On valuation, Prospect Capital trades at a lower forward P/E (4.9x vs 7.9x for Kayne Anderson BDC).
Prospect Capital pays a dividend yielding 30.23%, 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 | PSEC |
|---|---|---|
| Share price | $12.45 | $1.72 |
| Market cap | $822.17M | $918.16M |
| 1-day change | -0.48% | -5.49% |
| YTD return | -13.06% | -33.59% |
| 1-year return | -8.79% | -37.00% |
| 5-year return | — | -78.97% |
| P/E ratio (TTM) | 11.42 | 28.67 |
| Forward P/E | 7.90 | 4.91 |
| EPS (TTM) | $1.09 | $0.06 |
| Dividend yield | 12.85% | 30.23% |
| Annual dividend | $0.00 | $0.52 |
| Net income (latest FY) | — | $153.66M |
| 52-week high | $15.87 | $3.13 |
| 52-week low | $12.32 | $1.72 |
| Distance from 52-week high | -21.55% | -45.05% |
| Analyst consensus | none | none |
| Avg. price target upside | +16.47% | +16.28% |
| Average volume | 376.07K | 4.81M |
| Shares outstanding | 66.04M | 533.82M |
| Sector | Financial Services | Finance |
| Industry | Asset Management | Finance: Consumer 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 PSEC by 28.2 percentage points over the past year.
- Prospect Capital trades at a higher earnings multiple (28.7x vs 11.4x trailing P/E).
- Prospect Capital offers a meaningfully higher dividend yield (30.23% vs 12.85%).
- The two companies sit in different sectors: Kayne Anderson BDC in Financial Services and Prospect Capital 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 Prospect Capital
PSEC stock →Prospect Capital Corporation is a Private Equity, Private Debt and business development company. It specializes in middle market, lower-middle market, mature, mezzanine finance, later stage, emerging growth, leveraged buyouts, refinancing, acquisitions, recapitalizations, turnaround, growth capital, development, capital expenditures and subordinated debt tranches of collateralized loan obligations, cash flow term loans, market place lending and bridge transactions.
Finance · Finance: Consumer Services
KBDC vs PSEC FAQ
Which is bigger, Kayne Anderson BDC or Prospect Capital?
Prospect Capital (PSEC) is larger, with a market capitalization of $918.16M compared with $822.17M for Kayne Anderson BDC (KBDC).
Which stock has performed better over the past year, KBDC or PSEC?
KBDC returned -8.79% over the past 12 months, compared with -37.00% for PSEC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, KBDC or PSEC?
KBDC has the lower trailing P/E at 11.4, versus 28.7 for PSEC. 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 Prospect Capital?
Prospect Capital has the higher yield at 30.23%, compared with 12.85% for Kayne Anderson BDC.
Are Kayne Anderson BDC and Prospect Capital in the same industry?
No. Kayne Anderson BDC is in the Financial Services sector, while Prospect Capital is in Finance.