Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information And Announces Its Net Asset Value And Asset Coverage Ratios As Of May 31, 2026

Rhea-AI Summary

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) reported unaudited figures as of May 31, 2026. Net assets were $2.7 billion, or $15.70 NAV per share, with 169,126,038 common shares outstanding.

Asset coverage ratios under the 1940 Act were 644% for senior debt and 497% for total leverage. Total assets were $3.75 billion, with $665.9 million in leverage and net liabilities, including taxes, of $430.1 million. Long-term investments were 94% Midstream Energy, 4% Power Infrastructure, and 2% Other. The ten largest midstream holdings, led by Enterprise Products Partners and Energy Transfer, represented significant portions of long-term investments.

Positive

• Net assets of approximately $2.7 billion at May 31, 2026
• Net asset value of $15.70 per share for KYN common stock
• High asset coverage ratio of 644% for senior indebtedness
• Asset coverage ratio of 497% for total leverage (debt and preferred)
• Total assets of $3,751.7 million, including $3,744.1 million of investments
• Portfolio concentrated 94% in Midstream Energy companies

Negative

• Total leverage (debt and preferred stock) of $665.9 million outstanding
• Deferred tax liability, net, of $395.8 million reduces net assets
• Total liabilities, excluding leverage components, of $430.1 million

News Market Reaction – KYN

+0.29%

+0.29% Session close to close

In the Jun 3 session, KYN gained 0.29%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement provides updated balance sheet transparency for May 31, 2026, including net assets...

Analysis

This announcement provides updated balance sheet transparency for May 31, 2026, including net assets of $2.7 billion, a NAV of $15.70 per share, and asset coverage ratios of 644% for debt and 497% for total leverage. The portfolio remains heavily tilted to midstream energy. Recent history shows recurring monthly distributions and regular NAV reports. Investors may watch how net assets, leverage, and sector concentration evolve across future monthly updates.

Key Figures

Net assets: $2.7 billion NAV per share: $15.70 Debt coverage ratio: 644% +5 more

8 metrics

Net assets $2.7 billion Fund net assets as of May 31, 2026

NAV per share $15.70 Net asset value per share as of May 31, 2026

Debt coverage ratio 644% 1940 Act asset coverage for senior securities (indebtedness) as of May 31, 2026

Total leverage coverage 497% 1940 Act asset coverage for total leverage as of May 31, 2026

Total assets $3,751.7 million Total assets from unaudited May 31, 2026 balance sheet

Total leverage $665.9 million Debt and preferred leverage as of May 31, 2026

Common shares 169,126,038 Common shares outstanding as of May 31, 2026

Midstream allocation 94% Long-term investments in Midstream Energy Companies

Historical Context

5 past events · Latest: 2026-06-01 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
2026-06-01	Monthly distribution	Positive	+1.1%	Announced June 2026 monthly cash distribution of $0.085 per share.
2026-05-12	Board appointment	Positive	+0.7%	Named experienced energy executive Michael J. Hennigan as independent director.
2026-05-01	NAV/coverage update	Neutral	+0.8%	Provided April 30, 2026 unaudited net assets, NAV, leverage and coverage ratios.
2026-05-01	Monthly distribution	Positive	-1.1%	Declared May 2026 $0.085 per share distribution with estimated 60% return of capital.
2026-04-01	NAV/coverage update	Neutral	+0.1%	Reported March 31, 2026 net assets, NAV, leverage, and 1940 Act coverage ratios.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent fund announcements (NAV updates, distributions, governance changes) have usually coincided with modestly positive price reactions, with one recent distribution headline seeing a small downside move.

Recent Company History

Over the past few months, KYN has repeatedly reported unaudited balance sheet data and monthly distributions. NAV and asset coverage updates on March 31, 2026 and April 30, 2026 were followed by small gains. Distribution declarations for May and June 2026 also produced modest moves, including one slight decline. A board refresh with a new independent director in May 2026 similarly saw a mild positive reaction. Today’s May 31, 2026 NAV and coverage disclosure continues this pattern of regular transparency.

Key Terms

net asset value, asset coverage ratio, Investment Company Act of 1940, preferred stock, +4 more

8 terms

net asset value financial

"and announced its net asset value and asset coverage ratios under the"

Net asset value is the total value of an investment fund's assets minus any liabilities, divided by the number of shares or units outstanding. It represents the per-share worth of the fund, similar to how the value of a house is determined by its total worth after debts are subtracted. Investors use it to gauge the true value of their holdings and to compare different investment options.

View in glossary

asset coverage ratio financial

"asset coverage ratio under the 1940 Act with respect to senior securities"

Asset coverage ratio measures how much of a company’s debt or preferred claims could be paid off using its tangible assets if the business had to be sold. It’s a safety check for investors and creditors, showing the size of the asset “cushion” available to meet obligations; a higher ratio means more protection, like having enough savings and sellable belongings to cover outstanding bills, while a low ratio signals greater risk of loss.

Investment Company Act of 1940 regulatory

"asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”)"

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

preferred stock financial

"total leverage (debt and preferred stock) was 497%"

Preferred stock is a type of ownership in a company that typically offers investors higher and more consistent dividend payments than common stock. Unlike regular shares, preferred stock usually doesn’t come with voting rights but provides a priority claim on the company’s assets and profits, making it a more stable and predictable investment option. This makes preferred stock attractive to those seeking steady income with lower risk.

credit facility financial

"Credit facility | | 116.0"

A credit facility is a flexible loan arrangement that allows a borrower to access funds up to a set limit whenever needed, similar to a company having an overdraft option on a bank account. It matters to investors because it indicates how easily a business can secure cash when required, affecting its ability to manage expenses, invest, or respond to financial challenges.

deferred tax liability financial

"Deferred tax liability, net | | 395.8"

An accounting entry showing taxes a company will owe in the future because its financial reporting and tax rules record income or expenses at different times. Think of it like a bill the company has postponed: it can make current profits look higher but means cash taxes may be higher later. Investors watch it to understand true earnings quality and potential future cash outflows that could affect returns.

non-diversified, closed-end management investment company financial

"is a non-diversified, closed-end management investment company registered under"

A non-diversified, closed-end management investment company is a pooled investment that issues a fixed number of shares which trade on an exchange, and that concentrates its holdings in a relatively small number of securities rather than spreading risk widely. For investors this matters because the fund’s price can move independently of the value of its underlying assets, and concentration means higher potential gains or losses from a few positions—similar to owning a small basket of stocks instead of a whole grocery aisle.

forward-looking statements regulatory

"constitute forward-looking statements as defined under the U.S. federal"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

HOUSTON, June 02, 2026 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of May 31, 2026.

As of May 31, 2026, the Company’s net assets were $2.7 billion, and its net asset value per share was $15.70. As of May 31, 2026, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 644% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 497%.

STATEMENT OF ASSETS AND LIABILITIES MAY 31, 2026   // (UNAUDITED)
		(in millions)
Investments		$	3,744.1
Cash and cash equivalents			2.2
Receivable for securities sold			1.0
Accrued income			3.5
Other assets			0.9
Total assets			3,751.7
Credit facility			116.0
Notes			400.0
Unamortized notes issuance costs			(2.8	)
Preferred stock			153.6
Unamortized preferred stock issuance costs			(0.9	)
Total leverage			665.9
Payable for securities purchased			0.2
Other liabilities			22.2
Current tax liability, net			11.9
Deferred tax liability, net			395.8
Total liabilities			430.1
Net assets		$	2,655.7

The Company had 169,126,038 common shares outstanding as of May 31, 2026.

Long-term investments were comprised of Midstream Energy Companies (94%), Power Infrastructure Companies (4%) and Other (2%).

The Company’s ten largest holdings by issuer at May 31, 2026 were:

			Amount (in millions)			% Long-Term Investments
1.	Enterprise Products Partners L.P. (Midstream Energy Company)		$374.4			10.0%
2.	Energy Transfer LP (Midstream Energy Company)			365.5		9.8%
3.	The Williams Companies, Inc. (Midstream Energy Company)			355.1		9.5%
4.	Cheniere Energy, Inc. (Midstream Energy Company)			300.9		8.0%
5.	MPLX LP (Midstream Energy Company)			263.8		7.0%
6.	ONEOK, Inc. (Midstream Energy Company)			237.4		6.3%
7.	Enbridge Inc. (Midstream Energy Company)			221.4		5.9%
8.	Kinder Morgan, Inc. (Midstream Energy Company)			219.8		5.9%
9.	TC Energy Corporation (Midstream Energy Company)			203.4		5.4%
10.	Targa Resources Corp. (Midstream Energy Company)			196.4		5.2%

Portfolio holdings are subject to change without notice. The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security. You can obtain a complete listing of holdings by viewing the Company’s most recent quarterly or annual report.

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 or annual report for a description of these investment categories and the meaning of capitalized terms.

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 was Kayne Anderson Energy Infrastructure Fund's (KYN) NAV on May 31, 2026?

KYN reported a net asset value of $15.70 per share on May 31, 2026. According to the company, net assets totaled about $2.7 billion, with 169,126,038 common shares outstanding for the closed-end fund.

What were KYN's asset coverage ratios as of May 31, 2026?

As of May 31, 2026, KYN's asset coverage ratio was 644% for senior debt and 497% for total leverage. According to the company, these figures are calculated under the Investment Company Act of 1940 for indebtedness and combined debt and preferred stock.

How much leverage did KYN use in its portfolio as of May 31, 2026?

KYN reported total leverage of $665.9 million, including debt and preferred stock. According to the company, this consisted of a $116.0 million credit facility, $400.0 million in notes, and $153.6 million in preferred stock, net of issuance costs.

What was the asset allocation of KYN's long-term investments on May 31, 2026?

KYN's long-term investments were 94% Midstream Energy companies, 4% Power Infrastructure, and 2% Other. According to the company, this allocation supports its strategy of investing at least 80% of total assets in Energy Infrastructure companies.

Who were the largest holdings in KYN's portfolio as of May 31, 2026?

KYN's top holding was Enterprise Products Partners at $374.4 million, or 10.0% of long-term investments. According to the company, other major positions included Energy Transfer, Williams, Cheniere Energy, MPLX, ONEOK, Enbridge, Kinder Morgan, TC Energy, and Targa Resources.

What were KYN's total assets and liabilities on May 31, 2026?

KYN reported total assets of $3,751.7 million and total liabilities of $430.1 million, excluding leverage. According to the company, liabilities included a $395.8 million deferred tax liability, current tax liabilities, payables, and other obligations affecting net asset calculations.

What is the investment objective and focus of Kayne Anderson Energy Infrastructure Fund (KYN)?

KYN aims to provide a high after-tax total return with emphasis on cash distributions. According to the company, the fund intends to invest at least 80% of total assets in securities of Energy Infrastructure companies, primarily in the midstream energy sector.