Kayne Anderson Energy Fund's Financial Highlights
HOUSTON, Dec. 02, 2025 — Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) has recently released its unaudited balance sheet summary, showcasing its financial standing as of the end of November 2025. With a strong commitment to transparency, the Company provided detailed insights into its asset valuation and coverage ratios mandated under the Investment Company Act of 1940.
Net Asset Value and Asset Coverage Ratios
As reported, the Company boasts impressive net assets amounting to $2.3 billion, translating to a net asset value (NAV) per share of $13.79. Furthermore, the fund's asset coverage ratio concerning senior securities representing its indebtedness is a remarkable 695%. In addition, when considering total leverage, which includes both debt and preferred stock, the asset coverage ratio stands at an excellent 508%.
Comprehensive Breakdown of Assets and Liabilities
The Company’s asset structure at the end of November was robust, with significant investments across various segments. The total assets reached approximately $3.2 billion, with long-term investments primarily allocated in the Midstream Energy sector. This sector alone accounted for about 95% of the Company’s investments, reflecting a strategic focus on energy infrastructure. Additionally, cash and cash equivalents were noted at $1.6 million, which contributes to the liquidity of KYN.
Overview of Current Assets
The statement of assets during this period indicates a diverse array of holdings. These holdings include accrued income of $2.6 million and current tax assets, which stand at $0.4 million, illustrating a stable operational framework within the Company. Overall, the total liabilities were managed effectively at $321.9 million, further showcasing the Company's sound financial health.
Major Investments Held by the Company
One of the significant aspects of the Company’s strategy involves its diversified investment portfolio. By focusing primarily on energy infrastructure, the fund has strategically allocated resources into some of the leading midstream energy companies. Notably, the Company's largest holdings include:
- The Williams Companies, Inc.: $343 million (10.7% of long-term investments)
- Enterprise Products Partners L.P.: $333.2 million (10.4%)
- MPLX LP: $312.3 million (9.7%)
- Energy Transfer LP: $305.3 million (9.5%)
- Kinder Morgan, Inc.: $247.5 million (7.7%)
- Cheniere Energy, Inc.: $239 million (7.4%)
- TC Energy Corporation: $219.5 million (6.8%)
- ONEOK, Inc.: $192.1 million (6.0%)
- Enbridge Inc.: $175.8 million (5.5%)
- Western Midstream Partners, LP: $127.8 million (4.0%)
Focus on Energy Infrastructure Sector
Kayne Anderson Energy Infrastructure Fund has effectively positioned itself within the energy market by centering its investments in energy infrastructure companies. This focus is crucial as it allows the fund to capitalize on the ongoing demand for energy resources and infrastructure developments.
Investment Strategy and Objectives
The Company's investment aim is to deliver a high after-tax total return, particularly emphasizing substantial cash distributions to stockholders. KYN intends to achieve this by maintaining at least 80% of its total assets invested in energy infrastructure securities, which optimally positions the fund to capture value in a dynamic market sector.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN), as a non-diversified, closed-end management investment company, strategically tailors its approach to meet the evolving needs of investors while creatively navigating market challenges.
Frequently Asked Questions
What is the latest net asset value of Kayne Anderson Energy Fund?
The latest net asset value reported is $13.79 per share.
How much are the total assets of Kayne Anderson Energy Fund?
The total assets amount to approximately $3.2 billion.
What percentage of investments are in Midstream Energy Companies?
Midstream Energy Companies account for 95% of the total investments.
How many common shares are outstanding for the Company?
As of November 30, 2025, there are 169,126,038 common shares outstanding.
What is the investment goal of Kayne Anderson Energy Fund?
The investment goal is to achieve a high after-tax total return while making significant cash distributions to stockholders.
