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Kayne Anderson Energy Infrastructure Fund Inc - KYN STOCK NEWS

Welcome to our dedicated news page for Kayne Anderson Energy Infrastructure Fund (Ticker: KYN), a resource for investors and traders seeking the latest updates and insights on Kayne Anderson Energy Infrastructure Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kayne Anderson Energy Infrastructure Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kayne Anderson Energy Infrastructure Fund's position in the market.

Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) announced a quarterly distribution of $0.22 per share for the fiscal quarter ended November 30, 2023. This represents an increase of $0.01 per share over the prior quarterly distribution and a 10% increase compared to the distribution paid in January 2023. The distribution is payable on January 10, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
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Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) reports a net asset value of $1.8 billion and net asset value per share of $10.51 as of November 30, 2023. The company's asset coverage ratio under the 1940 Act for senior securities was 659% and for total leverage was 456%. Long-term investments were primarily in Midstream Energy Company (89%), and the company's ten largest holdings include Enterprise Products Partners L.P., Energy Transfer LP, and MPLX LP.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
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none
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Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) announced the completion of the merger with Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF). KMF stockholders received Stock Consideration or Cash Consideration based on the NAV per share. KYN's post-Merger total assets and NAV were approximately $2.3 billion and $1.7 billion, respectively, with a NAV per share of $9.95 and approximately 169.1 million shares outstanding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
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Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (KMF) disclosed the preliminary results of the merger elections. Approximately 54.7% of KMF stockholders elected to receive Stock Consideration, while 45.3% elected Cash Consideration. The final results will be determined after the merger's closing on November 13, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
Tags
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Rhea-AI Summary
KA Fund Advisors, LLC has received all necessary stockholder approvals for the proposed merger between Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (KMF). The merger is expected to close on November 13, 2023. Upon completion, KMF stockholders can choose to receive newly issued common stock of KYN or cash as the merger consideration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.89%
Tags
-
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) reported unaudited statement of assets and liabilities with net assets of $1.3 billion and net asset value per share of $9.87 as of October 31, 2023. The company's asset coverage ratio under the 1940 Act for senior securities representing indebtedness was 623%, and the ratio for total leverage (debt and preferred stock) was 445%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.55%
Tags
none
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) reports net assets of $1.4 billion and net asset value per share of $9.95 as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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none
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Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) announces a quarterly distribution of $0.21 per share for the fiscal quarter ended August 31, 2023. The distribution is payable to common stockholders on October 10, 2023. The estimated return of capital is 10%. The Company aims to provide a high after-tax total return with an emphasis on cash distributions to stockholders. The distribution amounts are not guaranteed and may vary.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
-
Rhea-AI Summary
Kayne Anderson Energy Infrastructure Fund, Inc. announces net assets of $1.4 billion and net asset value per share of $10.22 as of August 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.16%
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none
Kayne Anderson Energy Infrastructure Fund Inc

NYSE:KYN

KYN Rankings

KYN Stock Data

1.62B
0.93%
31.45%
0.18%
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