Kayne Anderson Energy Infrastructure Fund Reports Strong Net Asset Value and Asset Coverage Ratios

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) has released its unaudited statement of assets and liabilities, showcasing its robust financial performance as of June 30, 2024. The company’s net assets reached an impressive $2.0 billion, translating to a net asset value per share of $11.79.

Under the Investment Company Act of 1940, Kayne Anderson Energy Infrastructure Fund also disclosed its asset coverage ratios. With respect to senior securities representing indebtedness, the company’s asset coverage ratio stood at 621%. Furthermore, the asset coverage ratio for total leverage, including debt and preferred stock, was reported at 453%.

The company currently has 169,126,038 common shares outstanding, highlighting its strong market presence and investor confidence. Kayne Anderson Energy Infrastructure Fund’s long-term investments are primarily focused on Midstream Energy Companies, which make up 92% of its portfolio. Other Energy companies account for 5%, while Utility Companies represent 3% of the fund’s holdings.

The fund’s investment objective is to provide a high after-tax total return, with a particular emphasis on cash distributions to stockholders. To achieve this, Kayne Anderson Energy Infrastructure Fund invests at least 80% of its total assets in securities of Energy Infrastructure Companies.

The portfolio holdings of the fund are subject to change, and it is important to note that the mention of specific securities in this release does not constitute a recommendation or solicitation to buy, sell, or hold any particular security. Investors can access a complete listing of holdings by referring to the company’s most recent quarterly or annual report.

Kayne Anderson Energy Infrastructure Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940. Its common stock is traded on the NYSE, reflecting the company’s commitment to transparency and accountability.

While this press release does not constitute an offer to sell or a solicitation to buy securities, it provides valuable information for investors to consider. Before making any investment decisions, it is advisable to consult with an investment, tax, or legal adviser to ensure alignment with individual circumstances.

Kayne Anderson Energy Infrastructure Fund acknowledges the importance of forward-looking statements, which reflect assumptions, expectations, projections, intentions, or beliefs about future events. These statements, while not strictly based on historical or current facts, are made in accordance with U.S. federal securities laws. The company recognizes the variety of risks and uncertainties involved, including changes in economic and political conditions, regulatory and legal changes, energy industry risk, leverage risk, valuation risk, interest rate risk, and tax risk, among others.

Kayne Anderson Energy Infrastructure Fund remains committed to providing updates and maintaining transparency. While there is no assurance that the company’s investment objectives will be attained, Kayne Anderson Energy Infrastructure Fund will continue to monitor market conditions and adjust its strategies accordingly.

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