Kayne Anderson Energy Infrastructure Fund Provides
From GlobeNewswire:
Kayne Anderson Energy Infrastructure Fund, Inc. provided a summary of its financial situation as of December 31, 2023. The company’s net assets were $1.8 billion, with a net asset value per share of $10.44. Its asset coverage ratio under the 1940 Act was 652% with respect to senior securities and 452% with respect to total leverage. The company had 169,126,038 common shares outstanding, and its long-term investments were primarily in Midstream Energy Companies. The company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders.
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