- Kayne Anderson Energy Infrastructure Fund (KYN, Financial) reports net assets of $2.3 billion with a net asset value of $13.79 per share as of May 31, 2025.
- The fund demonstrates strong asset coverage ratios with 740% for senior securities and 530% for total leverage.
- 94% of KYN's investments are concentrated in Midstream Energy Companies, with top holdings including The Williams Companies and Energy Transfer LP.
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) has disclosed its financial position as of May 31, 2025, highlighting a robust and stable fiscal status. With net assets of $2.3 billion and a net asset value (NAV) of $13.79 per share, the fund underscores its significant market presence in the energy infrastructure sector.
The fund exhibits solid financial health, demonstrated by an asset coverage ratio of 740% for senior securities indebtedness and 530% for total leverage, surpassing regulatory requirements and suggesting a conservative leverage approach. Total assets stood at approximately $3.2 billion.
KYN's portfolio is predominantly invested in Midstream Energy Companies, accounting for 94% of its long-term investments. Its strategic focus is reflected in concentrated holdings, with The Williams Companies (11.3%) and Energy Transfer LP (10%) as the top investments. This focus aims to deliver high after-tax returns, with an emphasis on stockholder cash distributions.
The fund’s substantial investment base of $3.18 billion against a total leverage of $538.1 million demonstrates disciplined capital management. However, the high concentration risk, with the top 10 holdings comprising about 76% of the portfolio, indicates that the fund's performance may closely correlate with these specific entities rather than broader market trends.
For investors interested in the energy infrastructure sector, KYN offers focused exposure to leading players within the midstream segment, while maintaining fiscal discipline through moderate leverage.
