Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of September 30, 2026
Debt and preferred stock totaled $699.8 million after unamortized issuance costs, alongside $386.5 million in net deferred tax liabilities.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) reported unaudited net asset value of $15.42 per share as of September 30, 2026. Net assets were $2,608.1 million, with 169,126,038 common shares outstanding.
Total assets were $3,718.4 million, including $3,694.3 million in investments. Total leverage was $699.8 million, comprising debt and preferred stock after unamortized issuance costs. Asset coverage under the Investment Company Act of 1940 was 589% for indebtedness and 471% for total leverage. Net deferred tax liabilities were $386.5 million. Long-term investments were concentrated in midstream energy companies at 98%, with power infrastructure companies and other investments each accounting for 1%.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointNet assets of $2,608.1 million provided asset backing of $15.42 per common share.
- Minor pointAsset coverage of 589% for indebtedness and 471% for total leverage measured assets supporting senior securities.
Negative
- Moderate pointTotal leverage of $699.8 million included debt and preferred stock after unamortized issuance costs.
- Moderate pointNet deferred tax liability of $386.5 million was a liability against the fund's assets.
- Minor pointNet current tax liability of $14.3 million represented an additional tax obligation.
- Minor point98% of long-term investments were concentrated in midstream energy companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, Oct. 01, 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 September 30, 2026.
As of September 30, 2026, the Company’s net assets were
| STATEMENT OF ASSETS AND LIABILITIES SEPTEMBER 30, 2026 // (UNAUDITED) | ||||
| (in millions) | ||||
| Investments | $ | 3,694.3 | ||
| Cash and cash equivalents | 8.7 | |||
| Receivable for securities sold | 13.0 | |||
| Accrued income | 1.9 | |||
| Other assets | 0.5 | |||
| Total assets | 3,718.4 | |||
| Credit facility | 112.0 | |||
| Notes | 450.0 | |||
| Unamortized notes issuance costs | (3.1 | ) | ||
| Preferred stock | 141.6 | |||
| Unamortized preferred stock issuance costs | (0.7 | ) | ||
| Total leverage | 699.8 | |||
| Other liabilities | 9.7 | |||
| Current tax liability, net | 14.3 | |||
| Deferred tax liability, net | 386.5 | |||
| Total liabilities | 410.5 | |||
| Net assets | $ | 2,608.1 | ||
The Company had 169,126,038 common shares outstanding as of September 30, 2026.
Long-term investments consisted of Midstream Energy Companies (
The Company’s ten largest holdings by issuer at September 30, 2026 were:
| Amount (in millions) | % Long-Term Investments | ||||||
| 1. | Energy Transfer LP (Midstream Energy Company) | 11.0 | % | ||||
| 2. | Cheniere Energy, Inc. (Midstream Energy Company) | 385.7 | 10.4 | % | |||
| 3. | Enterprise Products Partners L.P. (Midstream Energy Company) | 362.4 | 9.8 | % | |||
| 4. | The Williams Companies, Inc. (Midstream Energy Company) | 356.3 | 9.6 | % | |||
| 5. | MPLX LP (Midstream Energy Company) | 262.9 | 7.1 | % | |||
| 6. | Targa Resources Corp. (Midstream Energy Company) | 247.8 | 6.7 | % | |||
| 7. | ONEOK, Inc. (Midstream Energy Company) | 241.2 | 6.5 | % | |||
| 8. | Kinder Morgan, Inc. (Midstream Energy Company) | 194.9 | 5.3 | % | |||
| 9. | TC Energy Corporation (Midstream Energy Company) | 150.5 | 4.1 | % | |||
| 10. | Western Midstream Partners, LP (Midstream Energy Company) | 144.1 | 3.9 | % | |||
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 trades 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
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. 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 results or 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What was KYN's net asset value as of September 30, 2026?
KYN's unaudited net asset value was $15.42 per share as of September 30, 2026. Net assets totaled $2,608.1 million, and the fund had 169,126,038 common shares outstanding.
What were KYN's largest holdings as of September 30, 2026?
Energy Transfer was KYN's largest holding, at $406.1 million and 11.0% of long-term investments. Cheniere Energy followed at $385.7 million and 10.4%, then Enterprise Products Partners at $362.4 million and 9.8%. All three were classified as midstream energy companies.