Streetbeat News

KMF

Kayne Anderson NextGen Energy & Infrastructure Inc

CEO

James Baker

Employees

Industry

Investment Banking and Securities Dealing

kayne anderson fund advisors manages four closedend funds with a focus on total return: kyn mlp investment company, kye energy total return fund, kmf midstream/energy fund and ked energy development company.

Open

6.70

Mkt cap

317M

Volume

39K

High

6.75

P/E Ratio

-4.09

52-wk high

7.99

Low

6.70

Div yield

N/A

52-wk low

6.53

Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (KMF) announced the preliminary results of the elections made by KMF stockholders regarding the merger between KYN and KMF. Approximately 54.7% of KMF stockholders elected to receive newly issued common stock of KYN or were deemed to have made this election, while approximately 45.3% elected to receive cash. The final results will be available after the merger closes, which is expected on November 13, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 1:43 pm

Kayne Anderson NextGen Energy & Infrastructure (KMF) has announced its unaudited balance sheet information and net asset value as of September 30, 2023. The Fund's net assets were $389.9 million and its net asset value per share was $8.26. The Fund's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 804% and with respect to total leverage was 480%.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:13 am

Kayne Anderson NextGen (NYSE:KMF) has announced a quarterly dividend of 16 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 16 cents lower. Shareholders who own KMF as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on October 23, 2023.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 2:45 pm

Kayne Anderson NextGen Energy & Infrastructure (KMF) announced its net asset value and asset coverage ratios at August 31, 2023. The Fund's net assets were $412.1 million and its net asset value per share was $8.73. The Fund's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 746% and with respect to total leverage (debt and preferred stock) was 469%.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 6:17 am

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