Reported Late Monday, Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information And Announces Its Net Asset Value And Asset Coverage Ratios At September 30, 2023; Net Assets Were $1.4B And Its Net Asset Value Was $9.95/Share
Portfolio Pulse from Benzinga Newsdesk
Kayne Anderson Energy Infrastructure Fund (KYN) has announced its unaudited balance sheet information and net asset value as of September 30, 2023. The company's net assets were $1.4 billion, and its net asset value per share was $9.95. The asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 598%, and the asset coverage ratio with respect to total leverage was 434%.
October 03, 2023 | 6:08 am
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Kayne Anderson Energy Infrastructure Fund's net assets and net asset value per share as of September 30, 2023, were $1.4 billion and $9.95 respectively. The asset coverage ratios were also reported.
The announcement of the company's net assets, net asset value per share, and asset coverage ratios provides investors with important information about the company's financial health. However, as this is a regular financial update, it is not expected to have a significant impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100