Kayne Anderson Energy Infrastructure Fund Announces Strong Financial Results for Q3 2023

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) has reported impressive financial results for the third quarter of 2023. The company’s unaudited statement of assets and liabilities reveals that its net assets reached $1.4 billion, with a net asset value per share of $9.95 as of September 30, 2023.

The asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) also demonstrate the company’s strong position. The asset coverage ratio for senior securities representing indebtedness was 598%, while the asset coverage ratio for total leverage (debt and preferred stock) stood at 434%.

With 136,131,530 common shares outstanding, Kayne Anderson Energy Infrastructure Fund continues to make long-term investments in the energy sector. The majority of its investments, 91%, are in Midstream Energy Companies, followed by Utility Companies (4%), Renewable Infrastructure Companies (4%), and Other Energy (1%).

Investors can find a complete listing of the company’s holdings in its most recent quarterly or annual report. It’s important to note that the mention of specific securities in this press release is not a recommendation or solicitation to buy, sell, or hold any particular security.

Kayne Anderson Energy Infrastructure Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940. The company’s common stock is traded on the NYSE, and its investment objective is to provide a high after-tax total return, with a focus on cash distributions to stockholders. KYN achieves this objective by investing at least 80% of its total assets in securities of Energy Infrastructure Companies.

Investors are advised to consult with their investment, tax, or legal adviser before making any investment decisions, considering their individual circumstances.

Kayne Anderson Energy Infrastructure Fund, Inc. reminds readers that this press release does not constitute an offer to sell or a solicitation to buy securities in any jurisdiction where such offer or sale is not permitted.

For more information, please contact Investor Relations at (877) 657-3863 or cef@kaynecapital.com.