Kayne Anderson Energy Infrastructure Fund, Inc. reports recurring closed-end fund updates tied to its energy infrastructure portfolio, monthly common-stock distributions, net asset value, and asset coverage ratios under the Investment Company Act of 1940. The fund’s common stock trades on the NYSE under KYN, and its stated investment objective emphasizes after-tax total return with cash distributions to stockholders.
Company updates commonly address portfolio exposure to Midstream Energy Companies and Power Infrastructure Companies, leverage through a credit facility, notes and preferred stock, and the tax character of distributions. News also covers financing actions such as revolving credit facility renewals and balance-sheet information for the fund’s assets, liabilities, deferred taxes, and outstanding common shares.
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) reported its net assets at $1.4 billion and net asset value per share of $10.32 as of January 31, 2023. The asset coverage ratio for senior securities was 546%, while total leverage coverage sat at 411%. The total assets amounted to $1.98 billion, with major investments allocated to Midstream Energy Companies (83%), Utility Companies (9%), and Renewable Infrastructure (7%). The company had 136,131,530 common shares outstanding.
On January 26, 2023, Kayne Anderson Fund Advisors announced the availability of annual reports for its funds, Kayne Anderson Energy Infrastructure Fund (KYN) and Kayne Anderson NextGen Energy & Infrastructure Fund (KMF), for the fiscal year ending November 30, 2022. These reports can be accessed online at www.kaynefunds.com. KYN and KMF aim to provide high after-tax total returns by investing primarily in energy infrastructure and next-generation energy companies. Shareholders can request hard copies of the reports via phone or email. Forward-looking statements are included, cautioning investors about various risks that could affect performance.
On January 24, 2023, KA Fund Advisors announced the tax characterization of 2022 distributions for Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure (NYSE: KMF). KYN reported that 100% of its distributions are qualified dividends, while KMF disclosed that 21% of its distributions are qualified dividends and 79% are nondividend distributions (return of capital). No ordinary dividends or capital gains distributions were reported for either fund. Investors are encouraged to consult their tax advisors for specific implications related to these distributions.
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) reported its financial position as of December 31, 2022, revealing net assets of $1.4 billion and a net asset value per share of $10.06. The asset coverage ratio for senior securities was 520%, while total leverage reached 395%. The fund's long-term investments are primarily in midstream energy companies (83%). The total assets were valued at $1.94 billion, with total liabilities at $111.1 million. The firm aims to provide high after-tax returns and cash distributions to shareholders.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) has announced a quarterly distribution of $0.20 per share for the fiscal period ending November 30, 2022. This distribution will be payable on January 11, 2023, with the ex-date set for January 3, 2023 and the record date on January 4, 2023. The Company aims to achieve high after-tax total returns by investing at least 80% of its assets in Energy Infrastructure Companies. The return of capital is estimated at 20%. Distribution amounts may vary due to portfolio changes and market conditions.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) released its unaudited statement of assets and liabilities as of November 30, 2022. The fund reported net assets of $1.4 billion with a net asset value per share of $10.64. Asset coverage ratios under the Investment Company Act showed robust financial health, with a 602% coverage for senior securities and 443% for total leverage. The fund holds investments primarily in midstream energy companies (83%), and its top holdings include Energy Transfer LP and MPLX LP, reflecting a diverse energy infrastructure portfolio.
Kayne Anderson Energy Infrastructure Fund (KYN) announced its unaudited assets and net asset value as of October 31, 2022. The Company reported net assets of $1.4 billion and a net asset value per share of $10.33. The asset coverage ratio for senior securities was 582%, while total leverage stood at 430%. Total long-term investments amounted to $1.95 billion, with midstream energy companies constituting 84% of the portfolio. Notably, KYN had 136,131,530 common shares outstanding.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) reported its unaudited assets and liabilities as of September 30, 2022. The company's net assets amounted to $1.3 billion, with a net asset value per share of $9.32. The fund's asset coverage ratio concerning senior securities was 463%, while total leverage coverage stood at 358%. The fund primarily invests in midstream energy companies, with significant holdings in Enterprise Products Partners, MPLX LP, and Energy Transfer LP.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) has announced a quarterly distribution of $0.20 per share for the quarter ending August 31, 2022, payable on October 7, 2022. The ex-date is set for September 30, 2022 and the record date is October 3, 2022. The company estimates that none of the distributions for fiscal 2022 will be treated as a return of capital for tax purposes. KYN aims to provide high after-tax total returns by investing mainly in Energy Infrastructure Companies. Future distributions depend on Board approval and compliance with debt agreements.
Kayne Anderson Energy Infrastructure Fund reported its financial position as of August 31, 2022, revealing net assets of $1.4 billion and a net asset value per share of $10.63. The company reported an asset coverage ratio of 516% for senior securities and 398% for total leverage. With 136,131,530 shares outstanding, its long-term investments consist mainly of Midstream Energy Companies (82%). The top holdings include MPLX LP and Enterprise Products Partners, accounting for significant portions of their investment portfolio.