Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at April 30, 2024
As of
STATEMENT OF ASSETS AND LIABILITIES |
||||||
(in millions) | ||||||
Investments | $ | 2,607.1 | ||||
Cash and cash equivalents | 3.7 | |||||
Receivable for securities sold | 3.1 | |||||
Accrued income | 17.2 | |||||
Current tax asset, net | 7.8 | |||||
Other assets | 1.5 | |||||
Total assets | 2,640.4 | |||||
Credit facility | 35.0 | |||||
Term loan | 50.0 | |||||
Notes | 311.7 | |||||
Unamortized notes issuance costs | (1.6 | ) | ||||
Preferred stock | 153.1 | |||||
Unamortized preferred stock issuance costs | (1.4 | ) | ||||
Total leverage | 546.8 | |||||
Payable for securities purchased | 2.2 | |||||
Other liabilities | 11.8 | |||||
Deferred tax liability, net | 184.8 | |||||
Total liabilities | 198.8 | |||||
Net assets | $ | 1,894.8 | ||||
The Company had 169,126,038 common shares outstanding as of
Long-term investments were comprised of
Amount (in millions)* |
% Long Term Investments |
||||
1. | Enterprise Products Partners L.P. ( |
10.9% | |||
2. | Energy Transfer LP ( |
268.3 | 10.3% | ||
3. | MPLX LP ( |
257.5 | 9.9% | ||
4. | The Williams Companies, Inc. ( |
230.5 | 8.8% | ||
5. | Targa Resources Corp. ( |
211.6 | 8.1% | ||
6. | ONEOK, Inc. ( |
197.8 | 7.6% | ||
7. | Plains All American Pipeline, L.P. ( |
149.9 | 5.8% | ||
8. | Cheniere Energy, Inc. ( |
139.4 | 5.3% | ||
9. | Kinder Morgan, Inc. ( |
131.0 | 5.0% | ||
10. | Western Midstream Partners, LP ( |
111.5 | 4.3% |
* | Includes ownership of common and preferred units. |
Portfolio holdings are subject to change without notice. The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security. You can obtain a complete listing of holdings by viewing the Company’s most recent quarterly or annual report.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Nothing contained in this press release is intended to recommend any investment policy or investment strategy or consider any investor’s specific objectives or circumstances. Before investing, please consult with your investment, tax, or legal adviser regarding your individual circumstances.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication contains statements reflecting assumptions, expectations, projections, intentions, or beliefs about future events. These and other statements not relating strictly to historical or current facts constitute forward-looking statements as defined under the
Contact investor relations at 877-657-3863 or cef@kayneanderson.com.
Source: Kayne Anderson Energy Infrastructure Fund, Inc.