Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of August 31, 2025
1. KYN reported net assets of $2.3 billion as of August 31, 2025.
2. Net asset value per share is $13.82.
3. Asset coverage ratio for debt is 723%, showcasing strong financial health.
4. Investment portfolio primarily consists of Midstream Energy Companies (94%).
5. Top holdings include Williams Companies, Enterprise Products Partners, and Energy Transfer.
The strong asset coverage ratios and significant net assets indicate a solid financial position. High coverage provides stability, potentially attracting more investors, similar to previous periods of strong financial disclosures boosting stock prices.
How important is it?
The financial strength indicated in the report is likely to influence investor confidence and demand, directly impacting KYN's stock price positively.
Why Short Term?
Immediate market reactions typically follow asset updates; investors often react quickly, potentially affecting stock prices in the next few weeks.
HOUSTON, Sept. 03, 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 August 31, 2025.
As of August 31, 2025, the Company's net assets were $2.3 billion, and its net asset value per share was $13.82. As of August 31, 2025, the Company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 723% and the Company's asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 522%.
STATEMENT OF ASSETS AND LIABILITIES AUGUST 31, 2025 // (UNAUDITED)
(in millions)
Investments
$
3,223.1
Cash and cash equivalents
8.9
Accrued income
2.1
Other assets
0.6
Total assets
3,234.7
Credit facility
50.0
Notes
350.0
Unamortized notes issuance costs
(2.4
)
Preferred stock
153.6
Unamortized preferred stock issuance costs
(1.1
)
Total leverage
550.1
Payable for securities purchased
15.2
Other liabilities
15.3
Current tax liability, net
22.4
Deferred tax liability, net
294.2
Total liabilities
347.1
Net assets
$
2,337.5
The Company had 169,126,038 common shares outstanding as of August 31, 2025.
Long-term investments were comprised of Midstream Energy Companies (94%), Power Infrastructure (3%) and Other (3%).
The Company's ten largest holdings by issuer at August 31, 2025 were:
Amount (in millions)*
% Long Term Investments
1.
The Williams Companies, Inc. (Midstream Energy Company)
$344.0
10.7
%
2.
Enterprise Products Partners L.P. (Midstream Energy Company)
327.1
10.1
%
3.
Energy Transfer LP (Midstream Energy Company)
323.8
10.0
%
4.
MPLX LP (Midstream Energy Company)
292.4
9.1
%
5.
Cheniere Energy, Inc. (Midstream Energy Company)
277.2
8.6
%
6.
Kinder Morgan, Inc. (Midstream Energy Company)
244.4
7.6
%
8.
TC Energy Corporation (Midstream Energy Company)
211.3
6.6
%
7.
ONEOK, Inc. (Midstream Energy Company)
201.5
6.3
%
9.
Enbridge Inc. (Midstream Energy Company)
175.6
5.4
%
10.
Targa Resources Corp. (Midstream Energy Company)
130.7
4.1
%
*
Includes ownership of equity and debt investments.
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 80% of its total assets in securities of Energy Infrastructure Companies. See Glossary of Key Terms in the Company's most recent quarterly or annual report for a description of these investment categories and the meaning of capitalized terms.
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.
