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Kayne Anderson Energy Infrastructure Fund Inc - KYN STOCK NEWS

Welcome to our dedicated news page for Kayne Anderson Energy Infrastructure Fund (Ticker: KYN), a resource for investors and traders seeking the latest updates and insights on Kayne Anderson Energy Infrastructure Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kayne Anderson Energy Infrastructure Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kayne Anderson Energy Infrastructure Fund's position in the market.

News
Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios At March 31, 2024
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) reported net assets of $1.9 billion with a net asset value per share of $11.52 as of March 31, 2024. The asset coverage ratios under the Investment Company Act of 1940 were 661% for senior securities and 469% for total leverage. The company's long-term investments were primarily in Midstream Energy Companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
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none
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News
Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.22 per Share for Q1 2024
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) declared a quarterly distribution of $0.22 per share for the fiscal quarter ended February 29, 2024. The distribution is payable on April 12, 2024, to common stockholders. KYN aims to provide a high after-tax total return by investing in Energy Infrastructure Companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
earnings
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News
Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at February 29, 2024
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) reported net assets of $1.8 billion with a net asset value per share of $10.69 as of February 29, 2024. The company's asset coverage ratios under the Investment Company Act of 1940 were 642% for senior securities and 451% for total leverage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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none
News
Kayne Anderson Energy Infrastructure Fund Enters Into $135 Million Revolving Credit Facility
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) announced a $135 million unsecured revolving credit facility, replacing a $175 million facility. The interest rate is SOFR plus 1.40%. The Company had $1 million borrowed as of February 22, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
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none
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News
Kayne Anderson Energy Infrastructure Fund Prices Private Placement of $75 Million of Notes
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) has announced a private placement of $75 million senior unsecured notes with institutional investors. The agreement is set to enhance the Company's financial position and fund future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
none
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News
Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at January 31, 2024
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) announced its net asset value and asset coverage ratios under the Investment Company Act of 1940. As of January 31, 2024, the Company's net assets were $1.7 billion, and its net asset value per share was $10.25. The asset coverage ratio with respect to senior securities representing indebtedness was 585%, and with respect to total leverage, it was 420%. The company holds significant long-term investments in Midstream Energy, Utility, Renewable Infrastructure, and Other Energy sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
none
News
Kayne Anderson Energy Infrastructure Fund Files 2023 Annual Report
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) released its annual report for the fiscal year ended November 30, 2023, emphasizing its investment objective of providing a high after-tax total return with an emphasis on making cash distributions to stockholders. The report is available online at www.kaynefunds.com, and a hard copy can be requested free of charge. KYN is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, with its common stock traded on the NYSE. The company's investment objective is to invest at least 80% of its total assets in securities of Energy Infrastructure Companies. The press release also includes a cautionary note regarding forward-looking statements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.51%
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none
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News
Kayne Anderson Announces Tax Characterization of 2023 Distributions
Rhea-AI Summary
Kayne Anderson announced the tax characterization of 2023 distributions to stockholders of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN). The distributions include ordinary dividends, qualified dividends, capital gains distributions, and non-dividend distributions. The tax characterization of KYN’s and KMF’s 2023 distributions is available at www.kaynefunds.com. KYN is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, trading on the NYSE. The Company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KMF was merged with and into KYN on November 13, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Kayne Anderson Energy Infrastructure Fund Announces Completion of Private Placement of $25 Million of Notes
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) completed a private placement of $25 million of senior unsecured notes to refinance existing leverage and for general corporate purposes. The Notes issued in connection with this private placement will not be registered under the Securities Act of 1933. The company's investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.58%
Tags
none
News
Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at December 31, 2023
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) provided unaudited statement of assets and liabilities as of December 31, 2023. Net assets were $1.8 billion, net asset value per share was $10.44, asset coverage ratio for senior securities was 652%, and for total leverage was 452%. Long-term investments included Enterprise Products Partners L.P., Energy Transfer LP, and others.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
Tags
none
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Kayne Anderson Energy Infrastructure Fund Inc

NYSE:KYN

KYN Rankings

#2030 Ranked by Market Cap
#2699 Ranked by Stock Gains
#253 Ranked by Dividends

KYN Stock Data

1.62B
0.93%
31.45%
0.18%
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