Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at November 30, 2024
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) released its unaudited financial statement as of November 30, 2024. The fund reported net assets of $2.5 billion and a net asset value per share of $15.03. The company's asset coverage ratios were strong, with 664% for senior securities indebtedness and 503% for total leverage.
The fund's portfolio primarily consists of Midstream Energy Companies (95%), with smaller allocations to Utility Companies (3%) and Other Energy (2%). The top three holdings were Energy Transfer LP (10.4%), Enterprise Products Partners L.P. (10.1%), and The Williams Companies, Inc. (9.8%). Total assets stood at $3.55 billion, with total leverage of $627.2 million.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) ha pubblicato il suo bilancio non auditato al 30 novembre 2024. Il fondo ha riportato attività nette di 2,5 miliardi di dollari e un valore netto delle attività per azione di 15,03 dollari. I rapporti di copertura delle attività della società erano solidi, con 664% per l'indebitamento dei titoli senior e 503% per la leva totale.
Il portafoglio del fondo è composto principalmente da Società Energetiche di Midstream (95%), con piccole allocazioni a Società di Utilità (3%) e Altre Energie (2%). Le prime tre partecipazioni erano Energy Transfer LP (10,4%), Enterprise Products Partners L.P. (10,1%) e The Williams Companies, Inc. (9,8%). Le attività totali ammontavano a 3,55 miliardi di dollari, con una leva totale di 627,2 milioni di dollari.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) publicó su estado financiero no auditado al 30 de noviembre de 2024. El fondo reportó activos netos de 2.5 mil millones de dólares y un valor de activos netos por acción de 15.03 dólares. Las proporciones de cobertura de activos de la compañía fueron sólidas, con 664% para la deuda de valores senior y 503% para el apalancamiento total.
La cartera del fondo consiste principalmente en Empresas de Energía Midstream (95%), con pequeñas asignaciones a Empresas de Servicios Públicos (3%) y Otras Energías (2%). Las tres principales participaciones fueron Energy Transfer LP (10.4%), Enterprise Products Partners L.P. (10.1%) y The Williams Companies, Inc. (9.8%). Los activos totales alcanzaron los 3.55 mil millones de dólares, con un apalancamiento total de 627.2 millones de dólares.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN)는 2024년 11월 30일 기준의 감사받지 않은 재무제표를 발표했습니다. 이 펀드는 순자산이 25억 달러와 주당 순자산 가치가 15.03달러라고 보고했습니다. 회사의 자산 커버리지 비율은 선순위 증권 부채에 대해 664%와 총 레버리지에 대해 503%로 강력했습니다.
펀드의 포트폴리오는 주로 미드스트림 에너지 회사(95%)로 구성되어 있으며, 유틸리티 회사(3%)와 기타 에너지(2%)에 소규모로 할당되어 있습니다. 상위 세 가지 보유 자산은 Energy Transfer LP (10.4%), Enterprise Products Partners L.P. (10.1%) 및 The Williams Companies, Inc. (9.8%)입니다. 총 자산은 35억 5천만 달러였고, 총 레버리지는 6억 2천7백20만 달러입니다.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) a publié son état financier non audité au 30 novembre 2024. Le fonds a déclaré un actif net de 2,5 milliards de dollars et un valeur nette des actifs par action de 15,03 dollars. Les ratios de couverture des actifs de la société étaient solides, avec 664% pour l'endettement des titres seniors et 503% pour le levier total.
Le portefeuille du fonds se compose principalement de Entreprises Énergétiques Midstream (95%), avec de plus petites allocations aux Sociétés de Services Publics (3%) et à Autres Énergies (2%). Les trois principales participations étaient Energy Transfer LP (10,4%), Enterprise Products Partners L.P. (10,1%) et The Williams Companies, Inc. (9,8%). Les actifs totaux s'élevaient à 3,55 milliards de dollars, avec un levier total de 627,2 millions de dollars.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) hat seinen ungeprüften Finanzbericht zum 30. November 2024 veröffentlicht. Der Fonds berichtete von Nettovermögen in Höhe von 2,5 Milliarden US-Dollar und einem Nettovermögenswert pro Aktie von 15,03 US-Dollar. Die Vermögensdeckung des Unternehmens war stark, mit 664% für Senior-Securities-Verschuldung und 503% für die Gesamtverschuldung.
Das Portfolio des Fonds besteht hauptsächlich aus Midstream-Energieunternehmen (95%), mit kleineren Zuweisungen an Versorgungsunternehmen (3%) und andere Energien (2%). Die drei größten Positionen waren Energy Transfer LP (10,4%), Enterprise Products Partners L.P. (10,1%) und The Williams Companies, Inc. (9,8%). Die Gesamtvermögen betrugen 3,55 Milliarden US-Dollar, mit einer Gesamtverschuldung von 627,2 Millionen US-Dollar.
- Strong asset coverage ratios: 664% for senior securities and 503% for total leverage
- Substantial net assets of $2.5 billion
- Well-diversified portfolio across major midstream energy companies
- Total assets of $3.55 billion showing significant scale
- None.
Insights
The November 2024 balance sheet data for Kayne Anderson Energy Infrastructure Fund reveals a robust financial position. With
The portfolio composition shows a concentrated bet on midstream energy, comprising
The fund's leverage structure appears well-managed with
HOUSTON, Dec. 03, 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 November 30, 2024.
As of November 30, 2024, the Company’s net assets were
| STATEMENT OF ASSETS AND LIABILITIES NOVEMBER 30, 2024//(UNAUDITED) | ||||
| (in millions) | ||||
| Investments | $ | 3,533.0 | ||
| Cash and cash equivalents | 12.7 | |||
| Receivable for securities sold | 2.8 | |||
| Accrued income | 2.7 | |||
| Other assets | 0.6 | |||
| Total assets | 3,551.8 | |||
| Credit facility | 68.0 | |||
| Notes | 409.7 | |||
| Unamortized notes issuance costs | (2.7 | ) | ||
| Preferred stock | 153.6 | |||
| Unamortized preferred stock issuance costs | (1.4 | ) | ||
| Total leverage | 627.2 | |||
| Other liabilities | 19.7 | |||
| Deferred tax liability, net | 363.4 | |||
| Total liabilities | 383.1 | |||
| Net assets | $ | 2,541.5 | ||
The Company had 169,126,038 common shares outstanding as of November 30, 2024.
Long-term investments were comprised of Midstream Energy Companies (
The Company’s ten largest holdings by issuer at November 30, 2024 were:
| Amount (in millions)* | % Long Term Investments | ||||
| 1. | Energy Transfer LP (Midstream Energy Company) | ||||
| 2. | Enterprise Products Partners L.P. (Midstream Energy Company) | 356.6 | |||
| 3. | The Williams Companies, Inc. (Midstream Energy Company) | 345.8 | |||
| 4. | MPLX LP (Midstream Energy Company) | 318.2 | |||
| 5. | Targa Resources Corp. (Midstream Energy Company) | 255.0 | |||
| 6. | ONEOK, Inc. (Midstream Energy Company) | 251.9 | |||
| 7. | Cheniere Energy, Inc. (Midstream Energy Company) | 227.7 | |||
| 8. | Kinder Morgan, Inc. (Midstream Energy Company) | 213.3 | |||
| 9. | Western Midstream Partners, LP (Midstream Energy Company) | 149.6 | |||
| 10. | Plains All American Pipeline, L.P. (Midstream Energy Company) | 132.7 | |||
| * | 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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