Kayne Anderson MLP Investment

Kayne Anderson Energy Infrastructure Fund, Inc. operates as a closed end management investment trust, which invests principally in equity securities of energy-related master limited partnerships. Its investment objective is to obtain high after-tax total returns for its shareholders. The company was founded on June 4, 2004 and is headquartered in Houston, TX.

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HOUSTON, March 04, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of February 29, 2024.

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at February 29, 2024

HOUSTON, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it has entered into a $135 million unsecured revolving credit facility (the “Credit Facility”). The Credit Facility matures on February 20, 2025. The Credit Facility replaces the Company's $175 million unsecured revolving credit facility that was scheduled to mature on February 23, 2024.

Kayne Anderson Energy Infrastructure Fund Enters Into $135 Million Revolving Credit Facility

HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it reached an agreement with institutional investors relating to a private placement of $75 million of senior unsecured notes (“Notes”). The private placement is expected to close on or about May 20, 2024.

Kayne Anderson Energy Infrastructure Fund Prices Private Placement of $75 Million of Notes

Kayne Anderson Energy Infrastructure Fund has underperformed in the past, but its current portfolio and 15% discount to NAV are promising. Consensus estimates point to a 20% total return potential. The portfolio's 7% dividend yield is well-supported by EBITDA and reasonable leverage.

KYN: A Better Pipeline

The CEF Kayne Anderson Energy Infrastructure Fund offers exposure to the energy sector without the hassle of K-1 tax forms. The KYN CEF invests in midstream companies, utilities, and renewable energy, with a 91% allocation to midstreams. KYN has a 9.97% yield and has performed well in recent years, but lags behind the broad energy ETF, XLE.

KYN: 10% Yield, 15% Discount With No K-1

HOUSTON, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of January 31, 2024.

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at January 31, 2024

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2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. We will provide updates on trades during the year, dividends collected, and overall performance. As usual, we will compare the performance with a traditional 60:40 stock/bond portfolio.

The 8% Income Portfolio: 2023 Year-End Review

HOUSTON, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that the Company's annual report for the fiscal year ended November 30, 2023 is available online at www.kaynefunds.com. To request a hard copy of this report, free of charge, please call 877-657-3863 or email cef@kaynecapital.com.

Kayne Anderson Energy Infrastructure Fund Files 2023 Annual Report

HOUSTON, Jan. 19, 2024 (GLOBE NEWSWIRE) -- KA Fund Advisors, LLC (“Kayne Anderson”) announced today the tax characterization of 2023 distributions to stockholders of Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc., (formerly listed on the NYSE under ticker “KMF”).

Kayne Anderson Announces Tax Characterization of 2023 Distributions

HOUSTON, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it completed a private placement of $25 million of senior unsecured notes (“Notes”).

Kayne Anderson Energy Infrastructure Fund Announces Completion of Private Placement of $25 Million of Notes

HOUSTON, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of December 31, 2023.

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at December 31, 2023

HOUSTON, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today a quarterly distribution of $0.22 per share for the fiscal quarter ended November 30, 2023. This distribution, which is an increase of $0.01 per share over the Company's prior quarterly distribution and an increase of $0.02 per share as compared to the Company's quarterly distribution paid in January 2023 (10% increase), is payable to common stockholders on January 10, 2024 (as outlined in the table below).

Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.22 per Share for Q4 2023

HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of November 30, 2023.

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at November 30, 2023

The Kayne Anderson Energy Infrastructure Fund specializes in investing in midstream corporations, master limited partnerships, utilities, and renewable energy. The KYN closed-end fund's yield of 10.08% is higher than most equity closed-end funds and is appealing to income-seeking investors. The fund's focus on midstream companies provides stability and potential for future cash flow growth, making it an attractive option for investors concerned about the near-term outlook of the American economy.

KYN: This Excellent Midstream Fund Has A 10.08% Yield And An Enormous Discount

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HOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) announced today the completion of the merger of Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) with KYN (the “Merger”).

Kayne Anderson Energy Infrastructure Fund Announces Completion of Merger with Kayne Anderson NextGen Energy & Infrastructure

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the “Merger”).

Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Preliminary Results of Election of Merger Consideration

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the investment adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced that all requisite stockholder approvals have been received for the proposed merger between KYN and KMF (the “Merger”). Subject to the satisfaction of customary closing conditions, the Merger is expected to close on November 13, 2023.

Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Approval of Proposed Merger

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of October 31, 2023.

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at October 31, 2023

HOUSTON, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of September 30, 2023.

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at September 30, 2023

Kayne Anderson Energy Infrastructure Fund specializes in investing in energy infrastructure companies, which enjoy stable cash flows regardless of the broader economy. The fund's performance has lagged behind the Alerian MLP Index, but it delivers high direct payments to shareholders, which may not be reflected in price performance. The fund's largest holdings are stable companies focused on natural gas, and it employs leverage to boost returns, but at a reasonable level.

KYN: One Of The Highest-Yielding Energy Infrastructure Funds Around

HOUSTON, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today a quarterly distribution of $0.21 per share for the fiscal quarter ended August 31, 2023. This distribution is payable to common stockholders on October 10, 2023 (as outlined in the table below).

Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.21 per Share for Q3 2023

HOUSTON, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of August 31, 2023.

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2023

HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of July 31, 2023.

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at July 31, 2023

The Kayne Anderson Energy Infrastructure Fund is an energy infrastructure focused closed-end fund. Despite strong returns in 2021 and 2022, KYN's longer-term returns have been subpar; the fund charges a high management fee but underperforms the AMLP ETF. The proposed KYN/KMF merger does little to benefit KYN unitholders in my opinion. It does not address the fundamental problem of poor investment performance and discount to NAV.

News for Kayne Anderson MLP Investment ETF (KYN)