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KYN

Kayne Anderson Energy Infrastructure Fund, Inc.

https://www.kaynefunds.com/kyn/fact-sheet/

Industry

Asset Management

Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector. The fund primarily invests in energy-related master limited partnerships. Kayne Anderson MLP Investment Company was formed on June 4, 2004 and is domiciled in the United States.

Open

12.98

Mkt cap

2.2B

Volume

235K

High

13.05

P/E Ratio

4.33

52-wk high

13.05

Low

12.93

Div yield

0.08

52-wk low

8.18

Kayne Anderson Energy Infrastructure Fund (KYN) has announced a $70 million notes and $30 million preferred shares private placement to refinance existing debt and for general corporate purposes. The notes and MRP shares have fixed interest/dividend rates and specific maturity/redemption dates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:37 am

Kayne Anderson Energy Infrastructure Fund reported a cash balance of $22.9 million as of June 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 7:27 am

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.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 7:05 am

Kayne Anderson Energy Infrastructure Fund (KYN) reported its net assets as $1.8 billion and net asset value per share at $10.69 as of February 29, 2024. The asset coverage ratios under the 1940 Act for indebtedness and total leverage were 642% and 451%, respectively.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 7:02 am

Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) has entered into a new $135 million unsecured revolving credit facility, maturing on February 20, 2025. This new facility replaces their previous $175 million facility that was set to mature on February 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 23, 2024 | 8:03 am

The Kayne Anderson Energy Infrastructure Fund reported its financial status as of December 31, 2023, with net assets of $1.8 billion and a net asset value (NAV) per share of $10.44. The fund's asset coverage ratios were 652% for senior securities representing indebtedness and 452% for total leverage, including debt and preferred stock.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 6:18 am

Kayne Anderson Energy (NYSE:KYN) will go ex-dividend on Tuesday, with shareholders as of Monday's close eligible for a quarterly dividend of 22 cents per share, payable on January 10, 2024. The stock is expected to open 22 cents lower on Tuesday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 2:45 pm

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.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 6:52 am

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 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%.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:08 am

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