Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of December 31, 2024
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) has released its unaudited financial statement as of December 31, 2024. The company reported net assets of $2.4 billion and a net asset value per share of $13.90. The fund's asset coverage ratio for senior securities representing indebtedness was 653%, while the ratio for total leverage was 488%.
The fund's portfolio primarily consists of Midstream Energy Companies (94%), followed by Utility Companies (3%), Other Energy (2%), and Debt (1%). The top three holdings are Energy Transfer LP (11.1%), Enterprise Products Partners L.P. (10%), and The Williams Companies, Inc. (9.8%). The company had 169,126,038 common shares outstanding and total assets of $3.28 billion, with total leverage of $602.3 million.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) ha pubblicato il suo bilancio non auditato al 31 dicembre 2024. La società ha riportato attività nette di 2,4 miliardi di dollari e un valore patrimoniale netto per azione di 13,90 dollari. Il rapporto di copertura degli attivi del fondo per i titoli senior rappresentanti debito era del 653%, mentre il rapporto per la leva totale era del 488%.
Il portafoglio del fondo consiste principalmente in Società di Energia Midstream (94%), seguito da Società di Utility (3%), Altra Energia (2%) e Debito (1%). Le prime tre partecipazioni sono Energy Transfer LP (11,1%), Enterprise Products Partners L.P. (10%) e The Williams Companies, Inc. (9,8%). La società aveva in circolazione 169.126.038 azioni ordinarie e attivi totali per 3,28 miliardi di dollari, con una leva totale di 602,3 milioni di dollari.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) ha emitido su estado financiero no auditado al 31 de diciembre de 2024. La compañía reportó activos netos de 2.4 mil millones de dólares y un valor de activo neto por acción de 13.90 dólares. La relación de cobertura de activos del fondo para los valores senior que representan endeudamiento fue del 653%, mientras que la relación para el apalancamiento total fue del 488%.
La cartera del fondo consiste principalmente en Empresas de Energía Midstream (94%), seguidas por Compañías de Servicios Públicos (3%), Otras Energías (2%) y Deuda (1%). Las tres principales participaciones son Energy Transfer LP (11.1%), Enterprise Products Partners L.P. (10%) y The Williams Companies, Inc. (9.8%). La compañía tenía 169,126,038 acciones comunes en circulación y activos totales de 3.28 mil millones de dólares, con un apalancamiento total de 602.3 millones de dólares.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN)가 2024년 12월 31일 기준으로 감사되지 않은 재무제표를 발표했습니다. 회사는 24억 달러의 순자산과 주당 13.90 달러의 순자산 가치를 보고했습니다. 이 펀드의 senior 증권에 대한 자산 커버리지 비율은 653%였으며, 총 레버리지 비율은 488%였습니다.
펀드의 포트폴리오는 주로 Midstream 에너지 기업 (94%)로 구성되어 있으며, 그 다음으로 유틸리티 기업 (3%), 기타 에너지 (2%), 그리고 부채 (1%)가 있습니다. 주요 보유 자산 3개는 Energy Transfer LP (11.1%), Enterprise Products Partners L.P. (10%), The Williams Companies, Inc. (9.8%)입니다. 이 회사는 169,126,038주를 보유하고 있으며, 총 자산은 32억 8천만 달러로, 총 레버리지는 6억 2천3백만 달러입니다.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) a publié son état financier non auditée au 31 décembre 2024. La société a signalé des actifs nets de 2,4 milliards de dollars et une valeur nette d'actif par action de 13,90 dollars. Le ratio de couverture des actifs du fonds pour les titres senior représentant des dettes était de 653%, tandis que le ratio pour l'effet de levier total était de 488%.
Le portefeuille du fonds se compose principalement de Réseaux Énergétiques Midstream (94%), suivi par des Sociétés de Services Publics (3%), d'Autres Énergies (2%) et de Dettes (1%). Les trois principales participations sont Energy Transfer LP (11,1%), Enterprise Products Partners L.P. (10%) et The Williams Companies, Inc. (9,8%). La société comptait 169 126 038 actions ordinaires en circulation et des actifs totaux de 3,28 milliards de dollars, avec un effet de levier total de 602,3 millions de dollars.
Kayne Anderson Energy Infrastructure Fund (NYSE: KYN) hat seinen ungeprüften Finanzbericht zum 31. Dezember 2024 veröffentlicht. Das Unternehmen berichtete von netto Vermögenswerten von 2,4 Milliarden US-Dollar und einem Nettovermögen pro Aktie von 13,90 US-Dollar. Das Verhältnis der Aktiva des Fonds zur Deckung der Senior-Wertpapiere, die die Verschuldung darstellen, betrug 653%, das Verhältnis für die Gesamtverschuldung lag bei 488%.
Das Portfolio des Fonds besteht hauptsächlich aus Midstream-Energieunternehmen (94%), gefolgt von Versorgungsunternehmen (3%), anderen Energien (2%) und Schulden (1%). Die drei größten Anlagen sind Energy Transfer LP (11,1%), Enterprise Products Partners L.P. (10%) und The Williams Companies, Inc. (9,8%). Das Unternehmen hatte 169.126.038 ausgegebene Stammaktien und Gesamtnettovermögen von 3,28 Milliarden US-Dollar, mit einer Gesamtverschuldung von 602,3 Millionen US-Dollar.
- Strong asset coverage ratios: 653% for debt and 488% for total leverage
- Substantial total assets of $3.28 billion
- Well-diversified portfolio across major energy infrastructure companies
- None.
Insights
This quarterly financial update reveals robust asset coverage ratios, with 653% for senior securities indebtedness and 488% for total leverage, indicating strong financial health and conservative leverage management. The fund's $2.4 billion in net assets and
The portfolio composition shows a strategic focus on midstream energy infrastructure, comprising
The fund's leverage structure appears well-managed with
The fund's portfolio positioning reflects a calculated bet on the North American energy infrastructure sector, with significant exposure to key players in natural gas, liquids and storage infrastructure. The minimal allocation to utilities (
The top 10 holdings represent approximately
The minimal cash position of
HOUSTON, Jan. 02, 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 December 31, 2024.
As of December 31, 2024, the Company’s net assets were
| STATEMENT OF ASSETS AND LIABILITIES DECEMBER 31, 2024 // (UNAUDITED) | ||||
| (in millions) | ||||
| Investments | $ | 3,263.1 | ||
| Cash and cash equivalents | 4.9 | |||
| Receivable for securities sold | 1.1 | |||
| Accrued income | 3.2 | |||
| Current tax asset, net | 3.5 | |||
| Other assets | 0.5 | |||
| Total assets | 3,276.3 | |||
| Credit facility | 43.0 | |||
| Notes | 409.7 | |||
| Unamortized notes issuance costs | (2.7 | ) | ||
| Preferred stock | 153.6 | |||
| Unamortized preferred stock issuance costs | (1.3 | ) | ||
| Total leverage | 602.3 | |||
| Other liabilities | 10.0 | |||
| Deferred tax liability, net | 312.8 | |||
| Total liabilities | 322.8 | |||
| Net assets | $ | 2,351.2 | ||
The Company had 169,126,038 common shares outstanding as of December 31, 2024.
Long-term investments were comprised of Midstream Energy Companies (
The Company’s ten largest holdings by issuer at December 31, 2024 were:
| Amount (in millions)* | % Long Term Investments | |||
| 1. | Energy Transfer LP (Midstream Energy Company) | |||
| 2. | Enterprise Products Partners L.P. (Midstream Energy Company) | 324.8 | ||
| 3. | The Williams Companies, Inc. (Midstream Energy Company) | 319.8 | ||
| 4. | MPLX LP (Midstream Energy Company) | 294.8 | ||
| 5. | Cheniere Energy, Inc. (Midstream Energy Company) | 232.4 | ||
| 6. | Kinder Morgan, Inc. (Midstream Energy Company) | 206.7 | ||
| 7. | Targa Resources Corp. (Midstream Energy Company) | 189.4 | ||
| 8. | ONEOK, Inc. (Midstream Energy Company) | 189.2 | ||
| 9. | TC Energy Corporation (Midstream Energy Company) | 160.7 | ||
| 10. | Western Midstream Partners, LP (Midstream Energy Company) | 141.2 | ||
| * | 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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