Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.08 per Share for May 2025

Rhea-AI Summary

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) has announced a monthly distribution of $0.08 per share for May 2025, payable to common stockholders on May 30, 2025, with a record date of May 15, 2025. The distribution includes an estimated 40% return of capital component. KYN is a non-diversified, closed-end management investment company that aims to provide high after-tax total returns with an emphasis on cash distributions to stockholders. The fund invests at least 80% of its total assets in Energy Infrastructure Companies securities.

Future distributions will be subject to Board approval and compliance with debt agreement covenants and preferred stock terms. The next distribution is expected to be declared in early June 2025.

Positive

• Regular monthly distribution maintained at $0.08 per share
• Clear investment strategy with 80% allocation to Energy Infrastructure Companies

Negative

• High return of capital component (40%) in distribution
• Distribution amounts not guaranteed and subject to various conditions

Insights

Financial Analyst

KYN continues monthly dividend schedule with $0.08 per share, featuring significant return of capital component.

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) has declared its $0.08 per share monthly distribution for May 2025, maintaining its regular distribution schedule. This payment will be made to shareholders on May 30, 2025, with a record date of May 15.

A noteworthy aspect of this distribution is that an estimated 40% is classified as return of capital. This tax classification is significant for investors as return of capital distributions reduce your cost basis in the shares rather than being immediately taxable as ordinary income. This tax treatment can be beneficial for investors seeking tax-efficient cash flow, though it also indicates that a substantial portion of the distribution isn't being generated from current income.

The fund maintains its investment mandate requiring at least 80% of assets invested in Energy Infrastructure Companies. This concentrated sector focus creates a specialized income vehicle tied to energy infrastructure performance.

As with all closed-end funds, KYN's future distributions remain subject to board approval and debt covenant requirements. The press release serves primarily as a routine announcement of the upcoming distribution rather than signaling any strategic change in the fund's approach or performance.

HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today a monthly distribution of $0.08 per share for May 2025. This distribution is payable to common stockholders on May 30, 2025 (as outlined in the table below).

The Company declares distributions on a monthly basis, with its next distribution expected to be declared in early June. 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
5/15/25	5/30/25	$0.08		40%(1)

^{(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 80% of its total assets in securities of Energy Infrastructure Companies. See Glossary of Key Terms in the Company’s most recent quarterly report for a description of these investment categories and the meaning of capitalized terms.

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 dividend amount and payment date for KYN's May 2025 distribution?

KYN will pay a distribution of $0.08 per share on May 30, 2025, with a record date of May 15, 2025.

What percentage of KYN's May 2025 distribution is estimated to be return of capital?

The estimated return of capital component for KYN's May 2025 distribution is 40%.

What is KYN's main investment objective?

KYN aims to provide a high after-tax total return with an emphasis on making cash distributions to stockholders.

What percentage of KYN's assets are invested in Energy Infrastructure Companies?

KYN invests at least 80% of its total assets in securities of Energy Infrastructure Companies.

When will KYN announce its next distribution?

KYN expects to declare its next distribution in early June 2025.