In the realm of energy investments, Kayne Anderson Energy Infrastructure Fund, Inc. stands out as a significant player, steering through the complex financial landscape with precision and expertise. As of December 31, 2024, the Company provided a comprehensive overview of its financial position, shedding light on key metrics such as net asset value and asset coverage ratios.
At that juncture, the Company boasted net assets totaling $2.4 billion, translating to a net asset value per share of $13.90. These figures underscored the robust financial standing of Kayne Anderson Energy Infrastructure Fund, Inc., positioning it as a formidable entity in the investment domain. Moreover, the Company’s asset coverage ratios under the Investment Company Act of 1940 showcased resilience and prudence – with a remarkable 653% for senior securities representing indebtedness and 488% for total leverage (debt and preferred stock).
Delving deeper into its investment portfolio composition as of December 31, 2024 revealed an insightful breakdown. Long-term investments were predominantly allocated to Midstream Energy Companies (94%), followed by Utility Companies (3%), Other Energy (2%), and Debt (1%). This strategic diversification not only demonstrated prudent risk management but also highlighted a calculated approach to capital allocation within the energy sector.
Further illuminating its investment strategy were the top ten holdings by issuer at the end of 2024. While noting that portfolio holdings are subject to change without notice, these disclosed entities provided valuable insights into Kayne Anderson Energy Infrastructure Fund’s strategic focus areas within its investment framework.
Kayne Anderson Energy Infrastructure Fund is characterized as a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940. Trading on the NYSE under symbol KYN, it aims to deliver high after-tax total returns while prioritizing cash distributions to stockholders. The core strategy revolves around investing at least 80% of total assets in securities of Energy Infrastructure Companies – reflecting a targeted approach towards sector-specific opportunities.
Amidst discussions regarding forward-looking statements and associated risks inherent in investment activities within dynamic markets such as energy infrastructure, cautionary notes remind investors of potential uncertainties ahead. Factors such as economic conditions, regulatory changes, industry risks, interest rate fluctuations, among others underscore the need for vigilant risk management practices within Kayne Anderson’s operational framework.
As investors navigate through myriad options in the energy investment landscape, understanding Kayne Anderson Energy Infrastructure Fund’s financial health and strategic direction becomes paramount for informed decision-making. By offering transparency into its balance sheet information and delineating key performance indicators like net asset value and asset coverage ratios,
Investors can glean valuable insights into how this entity navigates challenges and leverages opportunities within this ever-evolving sector.
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