Welcome to our dedicated page for Kayne Anderson Energy Infrastructure news (Ticker: KYN), a resource for investors and traders seeking the latest updates and insights on Kayne Anderson Energy Infrastructure stock.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company that focuses on securities of Energy Infrastructure Companies. Its public communications frequently highlight portfolio composition, net asset value (NAV), asset coverage ratios, and distribution decisions, giving investors regular insight into how the fund is positioned within the energy infrastructure space.
The KYN news feed features recurring unaudited balance sheet updates, where the company reports total assets, leverage levels, net assets, and NAV per share as of specific month-end or quarter-end dates. These updates also describe the mix of long-term investments across Midstream Energy Companies, Power Infrastructure, and other categories, and list the fund’s ten largest holdings by issuer. Such disclosures help readers track how the portfolio’s sector exposure and top positions evolve over time.
In addition to balance sheet and NAV announcements, KYN issues news regarding its distribution policy, including changes to the monthly distribution rate and related tax character estimates. The company explains that distributions are declared and paid monthly, subject to Board approval and the terms of its leverage arrangements, and notes that distribution amounts may change based on portfolio and market factors.
News items also cover capital structure developments, such as private placements of senior unsecured notes used to refinance existing leverage and for general corporate purposes. Together, these updates provide a view into KYN’s leverage profile, income distribution practices, and energy infrastructure investment focus. Investors and observers can use this news stream to follow key fund metrics, portfolio composition, and Board-level decisions affecting the closed-end fund.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) announced the establishment of a $200 million unsecured revolving credit facility, which will mature on February 24, 2023. This replaces a previous $170 million facility maturing on February 25, 2022. The new facility features an interest rate ranging from SOFR plus 1.40% to SOFR plus 2.25%, based on asset coverage ratios, with current borrowings of $77 million. The company aims to provide high after-tax total returns by investing primarily in Energy Infrastructure Companies.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) announced that shareholders of Fiduciary/Claymore Energy Infrastructure Fund (NYSE: FMO) approved the merger with KYN. The expected closing date is around March 7, 2022, subject to customary conditions. FMO shareholders will receive KYN common stock based on net asset values prior to closing. KYN aims for high after-tax returns through investments in energy infrastructure companies, holding at least 80% of assets in this sector.
Kayne Anderson Energy Infrastructure Fund reported its unaudited assets and liabilities as of January 31, 2022. The company's net assets stood at $1.2 billion, with a net asset value per share of $9.68. The asset coverage ratio for senior securities was 472%, while the coverage for total leverage was 367%. Investments were primarily in midstream energy companies, accounting for 82% of total investments. The company had 126,447,554 common shares outstanding, highlighting its solid financial position.
On January 28, 2022, Kayne Anderson announced the tax characterization of 2021 distributions for Kayne Anderson Energy Infrastructure Fund (KYN) and Kayne Anderson NextGen Energy & Infrastructure Fund (KMF). Notably, 100% of the distributions for both funds are categorized as nondividend distributions (return of capital). This classification may influence investors' tax obligations. Additionally, the annual reports for KYN and KMF for the year ending November 30, 2021, are available online. Investors are encouraged to consult their tax advisors for personalized advice.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) reported its unaudited statement of assets and liabilities as of December 31, 2021. The Company has net assets of $1.1 billion, translating to a net asset value per share of $9.06. The asset coverage ratio under the Investment Company Act is 456% regarding senior securities and 353% for total leverage (debt and preferred stock). The fund primarily invests in midstream energy companies (81%), utilities (10%), renewable infrastructure (8%), and other energy sectors (1%).
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) announced a quarterly distribution of $0.175 per share for the quarter ending November 30, 2021, payable on January 11, 2022. The ex-date is January 3, 2022, and the record date is January 4, 2022. The company intends to declare its next distribution in March 2022, subject to Board approval and compliance with debt agreements. As a non-diversified closed-end management investment company, KYN focuses on high after-tax returns through investments in energy infrastructure securities.
As of November 30, 2021, Kayne Anderson Energy Infrastructure Fund reported net assets of $1.1 billion and a net asset value per share of $8.89. The company's asset coverage ratios stood at 480% for senior securities and 365% for total leverage. The fund has 126,447,554 common shares outstanding, with a majority of its investments in midstream energy companies (81%). Its ten largest investments include MPLX LP and Enterprise Products Partners, comprising significant portions of its long-term assets.
KA Fund Advisors will host a virtual investor update for Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure (NYSE: KMF) on November 18, 2021, at 10:00 a.m. Central Time. The event aims to provide updates on fund performance and portfolio positioning, discussing recent industry events. An on-demand replay will be available shortly after the event. Interested parties can register for the event through the provided link.
Kayne Anderson Energy Infrastructure Fund announced its unaudited statement of assets and liabilities as of October 31, 2021. The company's net assets totaled $1.2 billion, with a net asset value per share of $9.44. Its asset coverage ratio under the 1940 Act for senior securities was 498%, and for total leverage, it stood at 379%. Investments primarily included midstream energy companies (82%), with the largest holdings being MPLX LP at $215.9 million and Enterprise Products Partners L.P. at $177.0 million.
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) reported its net asset value and asset coverage ratios as of September 30, 2021. The company's net assets totaled $1.1 billion, with a net asset value per share of $9.05. Asset coverage ratios were 501% for senior securities and 378% for total leverage, indicating strong financial health. As of the reporting date, KYN had 126,447,554 common shares outstanding with long-term investments mainly in midstream energy (83%).