Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of November 30, 2025

Rhea-AI Summary

Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) provided unaudited assets and liabilities and announced net asset value and asset coverage ratios as of November 30, 2025. Net assets were $2,333.0 million and net asset value per share was $13.79. Asset coverage under the 1940 Act was 695% for senior indebtedness and 508% for total leverage. Total assets were $3,222.4 million and total leverage was $567.5 million. The fund held 169,126,038 common shares outstanding and top three long-term holdings represented 30.8% of long-term investments.

Positive

• Net assets of $2,333.0 million
• Net asset value per share of $13.79
• Asset coverage for senior indebtedness at 695%

Negative

• Total leverage of $567.5 million
• Deferred tax liability of $303.0 million
• Preferred stock outstanding of $153.6 million
• Top-3 holdings concentration at 30.8% of long-term investments

Insights

Portfolio Analyst

KYN reports an NAV of $13.79 and net assets of $2.3 billion with high asset coverage ratios as of November 30, 2025.

Kayne Anderson Energy Infrastructure Fund, Inc. shows total assets of $3,222.4 million and net assets of $2,333.0 million. Long-term investments total $3,217.2 million and concentrate in Midstream Energy Companies (95%). The Company lists total leverage of $567.5 million, including $400.0 million of notes and $153.6 million of preferred stock.

The reported asset coverage ratio for senior indebtedness is 695% and for total leverage is 508%. The balance sheet also shows a deferred tax liability of $303.0 million and 169,126,038 common shares outstanding. These are factual measures of capital structure and concentration risk.

Items to watch include the magnitude of the $303.0 million deferred tax liability, changes to the $567.5 million total leverage, and any material shifts in the top ten holdings or their weights in subsequent quarterly reports; monitor these on the next regular filing or report for updates.

HOUSTON, Dec. 02, 2025 (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 November 30, 2025.

As of November 30, 2025, the Company’s net assets were $2.3 billion, and its net asset value per share was $13.79. As of November 30, 2025, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 695% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 508%.

STATEMENT OF ASSETS AND LIABILITIES NOVEMBER 30, 2025  //  (UNAUDITED)
			(in millions)
Investments			$	3,217.2
Cash and cash equivalents				1.6
Accrued income				2.6
Current tax asset, net				0.4
Other assets				0.6
Total assets				3,222.4
Credit facility				18.0
Notes				400.0
Unamortized notes issuance costs				(3.0	)
Preferred stock				153.6
Unamortized preferred stock issuance costs				(1.1	)
Total leverage				567.5
Other liabilities				18.9
Deferred tax liability, net				303.0
Total liabilities				321.9
Net assets			$	2,333.0

The Company had 169,126,038 common shares outstanding as of November 30, 2025.

Long-term investments were comprised of Midstream Energy Companies (95%), Power Infrastructure Companies (3%) and Other (2%).

The Company’s ten largest holdings by issuer at November 30, 2025 were:

			Amount (in millions)		% Long-Term Investments
1.	The Williams Companies, Inc. (Midstream Energy Company)		$343.0		10.7	%
2.	Enterprise Products Partners L.P. (Midstream Energy Company)		333.2		10.4	%
3.	MPLX LP (Midstream Energy Company)		312.3		9.7	%
4.	Energy Transfer LP (Midstream Energy Company)		305.3		9.5	%
5.	Kinder Morgan, Inc. (Midstream Energy Company)		247.5		7.7	%
6.	Cheniere Energy, Inc. (Midstream Energy Company)		239.0		7.4	%
7.	TC Energy Corporation (Midstream Energy Company)		219.5		6.8	%
8.	ONEOK, Inc. (Midstream Energy Company)		192.1		6.0	%
9.	Enbridge Inc. (Midstream Energy Company)		175.8		5.5	%
10.	Western Midstream Partners, LP (Midstream Energy Company)		127.8		4.0	%

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 KYN's net asset value per share on November 30, 2025?

KYN reported a net asset value per share of $13.79 as of November 30, 2025.

How large were Kayne Anderson Energy Infrastructure Fund's net assets on November 30, 2025 (KYN)?

Net assets were reported at $2,333.0 million as of November 30, 2025.

What asset coverage ratios did KYN report on November 30, 2025?

KYN reported asset coverage of 695% for senior indebtedness and 508% for total leverage under the 1940 Act.

How much total leverage did KYN have as of November 30, 2025?

Total leverage was reported as $567.5 million as of November 30, 2025.

How many KYN common shares were outstanding on November 30, 2025?

There were 169,126,038 common shares outstanding as of November 30, 2025.

What were KYN's largest portfolio concentrations as of November 30, 2025?

The top three long-term holdings accounted for 30.8% of long-term investments as of November 30, 2025.

Where can investors find KYN's complete listing of holdings and filings?

Investors can obtain a complete holdings list in the fund's most recent quarterly or annual report available from the company or the SEC.