Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of February 28, 2025
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) has released its unaudited financial position as of February 28, 2025. The company reported net assets of $2.5 billion with a net asset value per share of $14.60. The fund's portfolio consists primarily of Midstream Energy Companies (94%), with the remaining allocation split between Utility Companies (3%) and Other investments (3%).
The company maintains strong coverage ratios, with an asset coverage ratio of 623% for senior securities representing indebtedness and 477% for total leverage including debt and preferred stock under the Investment Company Act of 1940. As of the reporting date, KYN had 169,126,038 common shares outstanding.
Il Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) ha pubblicato la sua posizione finanziaria non auditata al 28 febbraio 2025. L'azienda ha riportato attività nette di 2,5 miliardi di dollari con un valore netto per azione di 14,60 dollari. Il portafoglio del fondo consiste principalmente in aziende energetiche midstream (94%), con il restante allocato tra aziende di pubblica utilità (3%) e altri investimenti (3%).
L'azienda mantiene forti rapporti di copertura, con un rapporto di copertura delle attività del 623% per i titoli senior che rappresentano l'indebitamento e 477% per la leva totale, inclusi debito e azioni privilegiate ai sensi dell'Investment Company Act del 1940. Alla data di reporting, KYN aveva 169.126.038 azioni ordinarie in circolazione.
El Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) ha publicado su posición financiera no auditada al 28 de febrero de 2025. La compañía reportó activos netos de 2.5 mil millones de dólares con un valor neto por acción de 14.60 dólares. La cartera del fondo consiste principalmente en empresas de energía midstream (94%), con el resto de la asignación dividido entre empresas de servicios públicos (3%) y otras inversiones (3%).
La compañía mantiene fuertes índices de cobertura, con un índice de cobertura de activos del 623% para valores senior que representan la deuda y 477% para la apalancamiento total, incluyendo deuda y acciones preferentes bajo la Ley de Compañías de Inversión de 1940. A la fecha de reporte, KYN tenía 169,126,038 acciones comunes en circulación.
케인 앤더슨 에너지 인프라 펀드 (NYSE: KYN)는 2025년 2월 28일 기준의 감사되지 않은 재무 상태를 발표했습니다. 이 회사는 25억 달러의 순자산과 주당 14.60달러의 순자산 가치를 보고했습니다. 펀드의 포트폴리오는 주로 미드스트림 에너지 기업(94%)으로 구성되어 있으며, 나머지 할당은 유틸리티 기업(3%)과 기타 투자(3%)로 나뉘어 있습니다.
회사는 강력한 커버리지 비율을 유지하고 있으며, 부채를 나타내는 선순위 증권에 대한 자산 커버리지 비율이 623%이고, 1940년 투자회사법에 따라 부채 및 우선주를 포함한 총 레버리지에 대한 477%입니다. 보고일 기준으로 KYN은 169,126,038개의 보통주가 발행되어 있습니다.
Le Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) a publié sa position financière non audité au 28 février 2025. La société a déclaré des actifs nets de 2,5 milliards de dollars avec une valeur nette par action de 14,60 dollars. Le portefeuille du fonds se compose principalement de compagnies énergétiques midstream (94%), le reste étant réparti entre les compagnies de services publics (3%) et d'autres investissements (3%).
La société maintient de solides ratios de couverture, avec un ratio de couverture des actifs de 623% pour les titres seniors représentant l'endettement et 477% pour l'effet de levier total, y compris la dette et les actions privilégiées en vertu de la loi sur les sociétés d'investissement de 1940. À la date de rapport, KYN avait 169.126.038 actions ordinaires en circulation.
Der Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) hat seine ungeprüfte Finanzlage zum 28. Februar 2025 veröffentlicht. Das Unternehmen berichtete von Nettovermögen in Höhe von 2,5 Milliarden Dollar mit einem Nettovermögen pro Aktie von 14,60 Dollar. Das Portfolio des Fonds besteht hauptsächlich aus Midstream-Energieunternehmen (94%), wobei die verbleibende Zuteilung auf Versorgungsunternehmen (3%) und andere Investitionen (3%) aufgeteilt ist.
Das Unternehmen weist starke Deckungsquoten auf, mit einem Vermögensdeckungsverhältnis von 623% für vorrangige Wertpapiere, die die Verschuldung darstellen, und 477% für die Gesamthebelwirkung einschließlich Schulden und Vorzugsaktien gemäß dem Investment Company Act von 1940. Zum Berichtszeitpunkt hatte KYN 169.126.038 ausgegebene Stammaktien.
- Strong asset coverage ratio of 623% for senior securities
- Substantial net assets of $2.5 billion
- Well-diversified portfolio with 94% in Midstream Energy Companies
- None.
HOUSTON, March 04, 2025 (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 28, 2025.
As of February 28, 2025, the Company’s net assets were
| STATEMENT OF ASSETS AND LIABILITIES FEBRUARY 28, 2025 // (UNAUDITED) | ||||
| (in millions) | ||||
| Investments | $ | 3,473.8 | ||
| Cash and cash equivalents | 0.7 | |||
| Accrued income | 2.0 | |||
| Other assets | 1.0 | |||
| Total assets | 3,477.5 | |||
| Credit facility | 92.0 | |||
| Notes | 409.7 | |||
| Unamortized notes issuance costs | (2.6 | ) | ||
| Preferred stock | 153.6 | |||
| Unamortized preferred stock issuance costs | (1.3 | ) | ||
| Total leverage | 651.4 | |||
| Other liabilities | 16.2 | |||
| Current tax liability, net | 1.3 | |||
| Deferred tax liability, net | 340.2 | |||
| Total liabilities | 357.7 | |||
| Net assets | $ | 2,468.4 | ||
The Company had 169,126,038 common shares outstanding as of February 28, 2025.
Long-term investments were comprised of Midstream Energy Companies (
The Company’s ten largest holdings by issuer at February 28, 2025 were:
| Amount (in millions)* | % Long Term Investments | |||||
| 1. | The Williams Companies, Inc. (Midstream Energy Company) | 10.3 | % | |||
| 2. | Energy Transfer LP (Midstream Energy Company) | 358.7 | 10.3 | % | ||
| 3. | Enterprise Products Partners L.P. (Midstream Energy Company) | 346.0 | 10.0 | % | ||
| 4. | MPLX LP (Midstream Energy Company) | 332.1 | 9.6 | % | ||
| 5. | Cheniere Energy, Inc. (Midstream Energy Company) | 261.9 | 7.5 | % | ||
| 6. | Kinder Morgan, Inc. (Midstream Energy Company) | 211.9 | 6.1 | % | ||
| 7. | Targa Resources Corp. (Midstream Energy Company) | 209.1 | 6.0 | % | ||
| 8. | ONEOK, Inc. (Midstream Energy Company) | 204.0 | 5.9 | % | ||
| 9. | TC Energy Corporation (Midstream Energy Company) | 175.7 | 5.1 | % | ||
| 10. | Western Midstream Partners, LP (Midstream Energy Company) | 149.1 | 4.3 | % | ||
| * | Includes ownership of common and preferred units. |
Portfolio holdings are subject to change without notice. The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security. You can obtain a complete listing of holdings by viewing the Company’s most recent quarterly or annual report.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company's investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KYN intends to achieve this objective by investing at least
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Nothing contained in this press release is intended to recommend any investment policy or investment strategy or consider any investor’s specific objectives or circumstances. Before investing, please consult with your investment, tax, or legal adviser regarding your individual circumstances.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication contains statements reflecting assumptions, expectations, projections, intentions, or beliefs about future events. These and other statements not relating strictly to historical or current facts constitute forward-looking statements as defined under the U.S. federal securities laws. Forward-looking statements involve a variety of risks and uncertainties. These risks include but are not limited to changes in economic and political conditions; regulatory and legal changes; energy industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in detail in the Company’s filings with the SEC, available at www.kaynefunds.com or www.sec.gov. Actual events could differ materially from these statements or our present expectations or projections. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Company’s investment objectives will be attained.
Contact investor relations at 877-657-3863 or cef@kayneanderson.com.
FAQ
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