Overview of Financial Performance
HOUSTON, Nov. 3, 2025 — Kayne Anderson Energy Infrastructure Fund, Inc. (the "Company") (NYSE: KYN) has released crucial unaudited balance sheet information, showcasing its net asset value and asset coverage ratios as of October 31, 2025. This overview offers investors valuable insights into the fund's current financial standing and future outlook.
Financial Summary as of October 31, 2025
The Company reported net assets totaling $2.2 billion, equating to a net asset value per share of $13.13. With a focus on solid financial management, the fund maintained an asset coverage ratio of 663% for senior securities representing indebtedness and 486% for total leverage, which includes both debt and preferred stock.
Assets Overview
Breaking down the components of the Company's assets as of the reporting date, the total assets amounted to $3,088.9 million. This total comprises:
- Investments: $3,074.3 million
- Cash and cash equivalents: $2.2 million
- Accrued income: $12 million
- Other assets: $0.4 million
These figures reflect the Company's commitment to maintaining a diversified and strategic investment approach, particularly focused on energy infrastructure.
Liabilities and Leverage
On the liabilities side, total liabilities were recorded at $296.6 million, which reinforces the Company’s strong balance sheet position. The breakdown includes:
- Credit facility obligations: $22 million
- Notes payable: $400 million
- Deferred tax liabilities: $264.8 million
This careful management of liabilities ensures that the Company remains equipped to handle potential market fluctuations and continue to yield benefits for its shareholders.
Investment Composition
Long-term investments of the Company are primarily within the energy infrastructure sector. The distribution is as follows:
- Midstream Energy Companies: 95%
- Power Infrastructure: 3%
- Other: 2%
This strategic allocation has been fundamental in building a robust portfolio capable of weathering various market dynamics.
Top Holdings
The Company’s ten largest holdings as of October 31, 2025, include well-established entities that are critical to its investment strategy:
- The Williams Companies, Inc. - $325.8 million (10.6% of long-term investments)
- Enterprise Products Partners L.P. - $313.3 million (10.2%)
- Energy Transfer LP - $307.5 million (10.0%)
- MPLX LP - $291.8 million (9.5%)
- Cheniere Energy, Inc. - $243.1 million (7.9%)
- Kinder Morgan, Inc. - $237.2 million (7.7%)
- TC Energy Corporation - $202.2 million (6.6%)
- ONEOK, Inc. - $176.8 million (5.7%)
- Enbridge Inc. - $168.0 million (5.5%)
- Western Midstream Partners, LP - $121.7 million (4.0%)
The holdings reflect the Company's dedication to investing in strong, sustainable entities within the energy sector.
Investment Goals and Strategy
Kayne Anderson Energy Infrastructure Fund, Inc. operates as a non-diversified, closed-end management investment company under the Investment Company Act of 1940. Its primary objective is to deliver high after-tax total returns while providing steady cash distributions to stockholders. To achieve this aim, the Company invests at least 80% of its total assets in securities of energy infrastructure companies. This focus enables the Company to navigate the evolving energy landscape effectively and maintain its commitment to shareholder value.
Frequently Asked Questions
What are the key financial metrics for the Kayne Anderson Fund?
The fund reported net assets of $2.2 billion and a net asset value per share of $13.13, along with strong asset coverage ratios.
How does the fund manage its investments?
The fund focuses primarily on midstream energy companies and aims to achieve high total returns while ensuring robust distributions to investors.
What is the significance of the asset coverage ratios?
The asset coverage ratios indicate the fund's ability to cover its debts and obligations, demonstrating financial stability and strength.
Who are the top holdings in the fund's portfolio?
The leading holdings include The Williams Companies, Enterprise Products Partners, and Energy Transfer, among others.
How can I get more information about the fund?
Investors can obtain detailed information by reviewing the fund’s quarterly or annual reports, which are available through investor relations.
