Reported Late Monday, Kayne Anderson Energy Infrastructure Fund Disclosed That As Of March 31, 2024, Its Net Assets Amounted To $1.9B And Its Net Asset Value Was $11.52/Share
Portfolio Pulse from Benzinga Newsdesk
Kayne Anderson Energy Infrastructure Fund (KYN) reported its net assets as $1.9B and net asset value per share as $11.52 as of March 31, 2024. The asset coverage ratios under the 1940 Act were 661% for senior securities and 469% for total leverage.
April 02, 2024 | 7:05 am
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Kayne Anderson Energy Infrastructure Fund reported significant net assets and favorable asset coverage ratios as of March 31, 2024.
The reported net assets and net asset value per share indicate a strong financial position for KYN. High asset coverage ratios suggest a robust capacity to cover debt obligations, which is likely to positively influence investor sentiment and potentially the stock price in the short term.
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