Reported Late Monday, Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information And Announces Its Net Asset Value And Asset Coverage Ratios At September 30, 2023; Net Assets Were $1.4B And Its Net Asset Value Was $9.95/Share
$KYN
Finance/Investors Services
Finance
As of September 30, 2023, the Company's net assets were $1.4 billion, and its net asset value per share was $9.95. As of September 30, 2023, the Company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 598% and the Company's asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 434%.
| Kayne Anderson Energy Infrastructure Fund, Inc. | ||||
| Statement of Assets and Liabilities | ||||
| September 30, 2023 | ||||
| (Unaudited) | ||||
| (in millions) | ||||
| Investments | $ | 1,891.1 | ||
| Cash and cash equivalents | 10.3 | |||
| Receivable for securities sold | 4.7 | |||
| Accrued income | 1.2 | |||
| Current tax asset, net | 1.8 | |||
| Other assets | 1.4 | |||
| Total assets | 1,910.5 | |||
| Term loan | 50.0 | |||
| Notes | 244.2 | |||
| Unamortized notes issuance costs | (1.1 | ) | ||
| Preferred stock | 111.6 | |||
| Unamortized preferred stock issuance costs | (1.2 | ) | ||
| Total leverage | 403.5 | |||
| Distribution payable | 28.6 | |||
| Other liabilities | 5.6 | |||
| Deferred tax liability, net | 118.1 | |||
| Total liabilities | 152.3 | |||
| Net assets | $ | 1,354.7 | ||
The Company had 136,131,530 common shares outstanding as of September 30, 2023.