KYN reports NAV $15.42 and very high asset coverage, highlighting stable midstream exposure
Oct 1, 2026, 6:31 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Strong asset coverage and a solid NAV backdrop reduce risk perception for KYN and can support tighter discount-to-NAV dynamics; investors may interpret this as ongoing credibility for distributions and risk discipline.
AI summary
What happened, with direct paths to the underlying reporting
Kayne Anderson Energy Infrastructure Fund released unaudited NAV metrics as of September 30, 2026, showing NAV per share of $15.42 and total net assets of about $2.6 billion. The fund also reported robust asset coverage ratios—589% for senior securities and 471% for total leverage—indicating strong balance-sheet cushioning. With 98% of long-term investments in midstream energy and a top holdings list dominated by major midstream operators (ET, LNG, EPD, WMB, MPLX, TRGP), the catalyst suggests income visibility and potential stability in distributions, barring energy-cycle shocks.
NAV per share $15.42; net assets $2.6B as of 9/30/2026.
Asset coverage: 589% for senior debt; 471% for total leverage.
Long-term investments $3,694.3M; 98% in midstream energy.
Top holdings include Energy Transfer, Cheniere, Enterprise, Williams, MPLX, TRGP.
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