Kayne Anderson Energy Infrastructure Fund Boosts Q3 Share Distribution

Kayne Anderson Energy Infrastructure Fund Announces Distribution

The Kayne Anderson Energy Infrastructure Fund, Inc. has officially announced a quarterly distribution of $0.24 per share for the fiscal quarter ended recently. This amount represents a notable increase of $0.02 per share compared to the previous quarter's distribution. Payable to the common stockholders, this distribution is scheduled for release shortly.

Positive Performance Fueling Distribution Growth

Jim Baker, the Chairman, President, and CEO of the Company, expressed satisfaction with the fund's performance throughout the fiscal year. He elaborated on the significance of this increased distribution, highlighting that it reflects a 9% growth from previous distributions. Baker emphasized the importance of these distributions to investors, affirming the company's commitment to steadily enhancing KYN’s distribution over time, which is supported by the fund's strong operating results.

Detailing the Distribution Timeline

A closer look at the distribution timeline outlines critical dates for stockholders:

Key Dates:

• Record Date / Ex-Date: 9/30/24
• Payment Date: 10/7/24
• Distribution Amount: $0.24 per share
• Return of Capital Estimate: 0%

This information is crucial for investors to understand when they can expect to receive their shares and plan accordingly.

Understanding the Distribution Estimates

The stated estimates for the tax character of distributions are based on the company's anticipated earnings and profits. It’s essential to note that the final determination of the tax character will only be ascertainable after the end of the fiscal year and might significantly differ from the preliminary information provided.

Insight into Kayne Anderson Energy Infrastructure Fund

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) operates as a non-diversified, closed-end management investment company. It is registered under the Investment Company Act of 1940, which governs such entities. The fund trades on the NYSE and aims to achieve a high after-tax total return while placing emphasis on cash distributions to stockholders. The company strategically invests at least 80% of its total assets in securities associated with Energy Infrastructure Companies, tapping into key market sectors.

Cash Distribution Policy

The Company maintains a policy of paying cash distributions to its common stockholders, although these rates are subject to adjustments. Distributions are not guaranteed and may fluctuate based on a variety of factors, including portfolio changes and overall market conditions.

Important Considerations for Investors

Potential investors should consult with their financial advisors before making investment choices. This is crucial, especially considering the inevitable variety in market conditions that may impact future performance and distributions. The fund is committed to transparency and aims to provide substantial returns to its investors, yet it is essential to evaluate personal financial situations and risk tolerance before investing.

Frequently Asked Questions

What is the distribution amount announced for Q3 2024?

The announced distribution amount is $0.24 per share for Q3 2024.

When will the distribution be paid to stockholders?

The payment date for the distribution is scheduled for October 7, 2024.

What factors influence the distribution amounts?

The distribution amounts may vary depending on portfolio holdings, market conditions, and the fund's operating performance.

What is Kayne Anderson Energy Infrastructure Fund's primary investment focus?

The fund primarily invests in securities of Energy Infrastructure Companies to achieve its investment objectives.

Who should I contact for more information about the fund?

For further inquiries, investors can reach out to investor relations at 877-657-3863 or contact them via email.

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