Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.08 Per Share for March 2025
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) has announced its monthly distribution of $0.08 per share for March 2025, payable to common stockholders on March 31, 2025. The company, a non-diversified, closed-end management investment company, focuses on providing high after-tax total returns with an emphasis on stockholder distributions.
KYN maintains a strategy of investing at least 80% of its total assets in Energy Infrastructure Companies securities. The fund's distribution policy operates on a monthly basis, with the next distribution announcement expected in early April. However, future distributions are subject to Board approval and must meet debt agreement covenants and preferred stock terms.
Positive
- Regular monthly distribution maintained at $0.08 per share
- Consistent distribution policy providing steady income to shareholders
- 80% portfolio allocation to Energy Infrastructure Companies ensuring sector focus
Negative
- Distribution amounts not guaranteed and may vary based on market conditions
- Future payments subject to multiple approval conditions and covenants
Insights
Kayne Anderson Energy Infrastructure Fund's announcement of a
As a closed-end fund (CEF), KYN's distribution policy represents a key component of its investment proposition. Unlike ETFs or mutual funds, CEFs like KYN have fixed capital structures and can trade at premiums or discounts to their Net Asset Value (NAV), which can be influenced by distribution policies and investor sentiment regarding the underlying assets.
The fund's focus on Energy Infrastructure Companies aligns with its objective of providing high after-tax returns through regular cash distributions. However, investors should note the explicit cautionary language that distribution amounts aren't guaranteed and may vary based on portfolio holdings and market conditions.
The preliminary nature of tax characterization is also worth highlighting, as distributions from CEFs can be classified as income, capital gains, or return of capital—each with different tax implications. This won't be finalized until after fiscal 2025 ends, adding an element of tax uncertainty for current investors.
While the announcement maintains distribution continuity for March, the conditional language regarding future payments being subject to board approval and debt covenant compliance serves as a reminder of the variables that could affect subsequent distributions.
HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today a monthly distribution of
The Company declares distributions on a monthly basis, with its next distribution expected to be declared in early April. Payment of future distributions is subject to the approval of the Company’s Board of Directors, as well as meeting the covenants on the Company’s debt agreements and the terms of its preferred stock.
| Record Date / Ex-Date | Payment Date | Distribution Amount | Return of Capital Estimate | |
| 3/14/25 | 3/31/25 | |||
(1) This estimate is based on the Company’s anticipated earnings and profits. The final determination of the tax character of distributions will not be determinable until after the end of fiscal 2025 and may differ substantially from this preliminary information.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded 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. KYN intends to achieve this objective by investing at least
The Company pays cash distributions to common stockholders at a rate that may be adjusted from time to time. Distribution amounts are not guaranteed and may vary depending on a number of factors, including changes in portfolio holdings and market conditions.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Nothing contained in this press release is intended to recommend any investment policy or investment strategy or consider any investor’s specific objectives or circumstances. Before investing, please consult with your investment, tax, or legal adviser regarding your individual circumstances.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication contains statements reflecting assumptions, expectations, projections, intentions, or beliefs about future events. These and other statements not relating strictly to historical or current facts constitute forward-looking statements as defined under the U.S. federal securities laws. Forward-looking statements involve a variety of risks and uncertainties. These risks include but are not limited to changes in economic and political conditions; regulatory and legal changes; energy industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in detail in the Company’s filings with the SEC, available at www.kaynefunds.com or www.sec.gov. Actual events could differ materially from these statements or our present expectations or projections. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company’s investment objectives will be attained.
Contact investor relations at 877-657-3863 or cef@kayneanderson.com.
FAQ
What is the March 2025 distribution amount for Kayne Anderson Energy Infrastructure Fund (KYN)?
How often does KYN declare distributions to shareholders?
What percentage of KYN's assets are invested in Energy Infrastructure Companies?
What factors affect KYN's distribution payments to shareholders?
