Reported Late Monday, Kayne Anderson Energy Infrastructure Fund As Of November 30, 2023 Its Net Assets Were $1.8B, And Its Net Asset Value Was 10.51 Per Share
Portfolio Pulse from Benzinga Newsdesk
Kayne Anderson Energy Infrastructure Fund (KYN) reported its net assets as of November 30, 2023, totaling $1.8 billion with a net asset value (NAV) per share of $10.51. The company's asset coverage ratios under the 1940 Act were 659% for senior securities representing indebtedness and 456% for total leverage, including debt and preferred stock.
December 05, 2023 | 6:52 am
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Kayne Anderson Energy Infrastructure Fund reported a robust net asset value of $10.51 per share and high asset coverage ratios, indicating a strong financial position as of November 30, 2023.
The reported net asset value of $10.51 per share and high asset coverage ratios are positive indicators of KYN's financial health. This information could lead to increased investor confidence and potentially a positive impact on the fund's share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100