• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed

    2/12/21 4:19:09 PM ET
    $KMF
    Investment Managers
    Finance
    Get the next $KMF alert in real time by email
    SC 13G/A 1 karpus-sch13g_18453.htm KARPUS INVESTMENT MGT / KAYNE ANDERSON NEXTGEN ENERGY & INFRASTRUCTURE - SCHEDULE 13G/A(#1)

     

      

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

     

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

      (Amendment No. 1) *

     

     

    Kayne Anderson NextGen Energy & Infrastructure, Inc.

    (Name of Issuer)

       

    Common Stock

     

    (Title of Class of Securities)

      

    48661E108

     

    (CUSIP Number)

      

    December 31, 2020

     

    (Date of Event Which Requires Filing of This Statement)

     

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☒   Rule 13d-1(b)

    ☐   Rule 13d-1(c)

    ☐   Rule 13d-1(d)

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     
     

    CUSIP No.  48661E108

    13G Page 2 of 5 Pages    

    1.  

    NAME OF REPORTING PERSON(S)

     

    Karpus Investment Management

     

       
    2.  

    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     

     

     

     

    (a) ☐

    (b) ☒

    3.  

    SEC USE ONLY

     

     

     

       
    4.  

    CITIZENSHIP OR PLACE OF ORGANIZATION

     

    New York 

      

       
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY EACH
    REPORTING
    PERSON WITH
     

     5.

     

    SOLE VOTING POWER

     

    0 Shares

     

      6.  

    SHARED VOTING POWER

     

    0 Shares

     

      7.  

    SOLE DISPOSITIVE POWER

     

    0 Shares

     

      8.  

    SHARED DISPOSITIVE POWER

     

    0 Shares

     

    9.  

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

    0 Shares

     

       
    10.  

    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

     

     

       ☐
    11.  

    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

      

    0.0%

     

       

     12.

     

    TYPE OF REPORTING PERSON

       

    IA

     

       

     

     
     

    CUSIP No.  48661E108

    13G Page 3 of 5 Pages    

     

     

    Item 1(a). Name of Issuer:

     

    Kayne Anderson NextGen Energy & Infrastructure, Inc.

     

     

     

    Item 1(b). Address of Issuer's Principal Executive Offices:

     

    1800 Avenue of the Stars, Third Fl., Los Angeles CA 90067

     

     

     

    Item 2(a). Name of Person Filing:

     

    This statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management (“Karpus” or the “Reporting Person”). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is controlled by City of London Investment Group plc (“CLIG”), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG.

     

    The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.

     

     

     

    Item 2(b). Address of Principal Business Office or, if none, Residence:

     

    183 Sully's Trail, Pittsford, New York 14534.

     

     

     

    Item 2(c). Citizenship:

     

    The members of the Karpus Management Committee are US citizens. Karpus is a New York corporation.

     

     

     

    Item 2(d). Title of Class of Securities.

     

    Common Stock

     

     

     

    Item 2(e). CUSIP Number.

     

    48661E108

     

     

      

    Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

     

    (a)  ☐ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);

     

    (b)  ☐ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);
     
    (c)  ☐ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);
     
    (d)  ☐ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
     
    (e)  ☒ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
     
    (f)  ☐ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
     
    (g)  ☐ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
     
    (h)  ☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     
    (i)  ☐

    A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

     

      (j) ☐  A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
     
    (k)  ☐ Group, in accordance with §240.13d-1(b)(1)(ii)(K).

     
     

    CUSIP No.  48661E108

    13G Page 4 of 5 Pages    

     

     

    Item 4. Ownership:

     

    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

    (a)       Amount beneficially owned:   0

    (b)       Percent of Class:   0.0%

    (c)       Number of shares as to which such person has:

    (i)     Sole power to vote or direct the vote:    0

    (ii)    Shared power to vote or direct the vote:     0

    (iii)   Sole power to dispose or to direct the disposition of:     0

    (iv)   Shared power to dispose or to direct the disposition of:     0

     

     

     

    Item 5. Ownership of Five Percent or Less of a Class.

    If this statement is being filed to report the fact that as of the date herof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:   ☒

     

      

    Item 6. Ownership of More than Five Percent on Behalf of Another Person.

     

    Not applicable.

     

     

     

    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security being Reported on by the Parent Holding Company.

     

    Not applicable.

     

     

     

    Item 8. Identification and Classification of Members of the Group.

     

    Not applicable.

     

     

     

    Item 9. Notice of Dissolution of Group.

     

    Not applicable.

     

     

     

    Item 10. Certification.

     

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

     

     
     

    CUSIP No.  48661E108

    13G Page 5 of 5 Pages    

     

     

    SIGNATURES

    After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

     

    Dated:             February 12, 2021

     

     
    KARPUS MANAGEMENT, INC.

     
           
    By:
    /s/ Jodi L.Hedberg  
        Name:  Jodi L. Hedberg  
        Title:    Chief Compliance Officer  
           

     

    Get the next $KMF alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $KMF

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $KMF
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at September 30, 2024

      HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the "Company") (NYSE:KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the "1940 Act") as of September 30, 2024. As of September 30, 2024, the Company's net assets were $2.1 billion, and its net asset value per share was $12.37. As of September 30, 2024, the Company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 632% and the Company's asset coverage ratio under the 1940 Act with respect to total leverage (debt and

      10/1/24 5:51:32 PM ET
      $KMF
      $KYN
      Investment Managers
      Finance
      Finance/Investors Services
    • Kayne Anderson Energy Infrastructure Fund Announces Completion of Merger with Kayne Anderson NextGen Energy & Infrastructure

      HOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) announced today the completion of the merger of Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF) with KYN (the "Merger"). KMF was merged with and into a wholly owned subsidiary of KYN, and KMF stockholders received either (i) newly issued common stock of KYN ("Stock Consideration") or (ii) cash ("Cash Consideration"), subject to the adjustment and proration procedures as set forth in the merger agreement. The exchange rate for Stock Consideration was based on each fund's relative net asset value ("NAV") per share as of November 10, 2023, and the per share Cash Considera

      11/13/23 9:15:45 AM ET
      $KMF
      $KYN
      Investment Managers
      Finance
      Finance/Investors Services
    • Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Preliminary Results of Election of Merger Consideration

      HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the "Merger"). As previously announced, KMF stockholders had the option to elect to receive either (i) newly issued common stock of KYN ("Stock Consideration") or (ii) cash ("Cash Consideration") with such right to elect to receive Cash Consideration subject to the adjustment and proration procedures set forth in the merger agreement to ens

      11/7/23 8:35:10 AM ET
      $KMF
      $KYN
      Investment Managers
      Finance
      Finance/Investors Services

    $KMF
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Principal Life Insurance Co closing all direct ownership in the company (SEC Form 4)

      4 - Kayne Anderson NextGen Energy & Infrastructure, Inc. (0001500096) (Issuer)

      11/15/23 8:13:28 PM ET
      $KMF
      Investment Managers
      Finance
    • Metlife Investment Management, Llc disposed of 120,000 units of Series J Mandatory Redeemable Preferred Shares, disposed of 2,356,484 units of 3.82% Series I Senior Unsecured Notes Due August 8, disposed of 20,000,000 units of 5.18% Series F Senior Unsecured Notes Due March 29 and disposed of 320,000 units of Series I Mandatory Redeemable Preferred Shares (SEC Form 4)

      4 - Kayne Anderson NextGen Energy & Infrastructure, Inc. (0001500096) (Issuer)

      11/15/23 4:29:45 PM ET
      $KMF
      Investment Managers
      Finance
    • SEC Form 4: Metlife Investment Management, Llc disposed of 2,592,129 units of 3.72% Series H Senior Unsecured Notes Due August 8

      4 - Kayne Anderson NextGen Energy & Infrastructure, Inc. (0001500096) (Issuer)

      8/10/23 6:16:57 PM ET
      $KMF
      Investment Managers
      Finance

    $KMF
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13D/A filed by Kayne Anderson NextGen Energy & Infrastructure Inc. (Amendment)

      SC 13D/A - Kayne Anderson NextGen Energy & Infrastructure, Inc. (0001500096) (Subject)

      11/13/23 11:42:40 AM ET
      $KMF
      Investment Managers
      Finance
    • SEC Form SC 13G filed by Kayne Anderson NextGen Energy & Infrastructure Inc.

      SC 13G - Kayne Anderson NextGen Energy & Infrastructure, Inc. (0001500096) (Subject)

      6/16/23 7:38:10 PM ET
      $KMF
      Investment Managers
      Finance
    • SEC Form SC 13D/A filed by Kayne Anderson NextGen Energy & Infrastructure Inc. (Amendment)

      SC 13D/A - Kayne Anderson NextGen Energy & Infrastructure, Inc. (0001500096) (Subject)

      2/3/23 8:44:28 AM ET
      $KMF
      Investment Managers
      Finance

    $KMF
    Leadership Updates

    Live Leadership Updates

    See more
    • Kayne Anderson Closed-End Funds Announce Appointment of New Independent Director

      HOUSTON, June 23, 2022 (GLOBE NEWSWIRE) -- KA Fund Advisors, LLC ("Kayne Anderson"), which serves as the investment adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF, each a "Company" and collectively, the "Companies"))) announced today the appointment of Carita Walker to serve as an independent director on each Company's Board of Directors. After the addition of Ms. Walker, the Board of Directors of each Company will increase to eight directors, seven of which are independent. Carita Walker is the Chief Legal Officer at Shell Recharge Solutions – a Shell company dedicated to unlocking the possibilities

      6/23/22 4:20:00 PM ET
      $KMF
      $KYN
      Investment Managers
      Finance
      Finance/Investors Services
    • Kayne Anderson Closed-End Funds Announce Appointment of New Independent Director

      HOUSTON, April 27, 2022 (GLOBE NEWSWIRE) -- KA Fund Advisors, LLC ("Kayne Anderson"), which serves as the adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF, each a "Company" and collectively, the "Companies"))) announced today the appointment of Caroline Winn to serve as an independent director on each Company's Board of Directors, effective today. After the addition of Ms. Winn, the board of directors of each Company will increase to seven directors, six of which are independent. Caroline Winn is the chief executive officer for San Diego Gas & Electric (SDG&E), one of Sempra's (NYSE:SRE) regulated Cali

      4/27/22 6:45:00 PM ET
      $KMF
      $KYN
      $SRE
      Investment Managers
      Finance
      Finance/Investors Services
      Natural Gas Distribution

    $KMF
    SEC Filings

    See more
    • SEC Form N-8F ORDR filed by Kayne Anderson NextGen Energy & Infrastructure Inc.

      N-8F ORDR - Kayne Anderson NextGen Energy & Infrastructure, Inc. (0001500096) (Filer)

      1/26/24 8:24:03 AM ET
      $KMF
      Investment Managers
      Finance
    • SEC Form N-8F NTC filed by Kayne Anderson NextGen Energy & Infrastructure Inc.

      N-8F NTC - Kayne Anderson NextGen Energy & Infrastructure, Inc. (0001500096) (Filer)

      1/2/24 1:25:25 PM ET
      $KMF
      Investment Managers
      Finance
    • SEC Form N-8F filed by Kayne Anderson NextGen Energy & Infrastructure Inc.

      N-8F - Kayne Anderson NextGen Energy & Infrastructure, Inc. (0001500096) (Filer)

      11/30/23 8:26:47 AM ET
      $KMF
      Investment Managers
      Finance

    $KMF
    Financials

    Live finance-specific insights

    See more
    • Kayne Anderson Closed-End Funds Announce Tax Characterization of 2022 Distributions

      HOUSTON, Jan. 24, 2023 (GLOBE NEWSWIRE) -- KA Fund Advisors, LLC ("Kayne Anderson"), which serves as the adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF) announced today the tax characterization of 2022 distributions to stockholders.   KYN Common Shares KMF Common SharesOrdinary dividends -  - Qualified dividends 100% 21%Capital gains distributions -  - Nondividend distributions (return of capital) -  79%  100% 100% Additional information regarding the tax characterization of KYN's and KMF's 2022 distributions is available at www.kaynefunds.com. This information is provided for general informational p

      1/24/23 7:00:00 PM ET
      $KMF
      $KYN
      Investment Managers
      Finance
      Finance/Investors Services
    • Kayne Anderson Closed-End Funds Announce 2021 Tax Characterization of Distributions and Filing of Annual Reports

      HOUSTON, Jan. 28, 2022 (GLOBE NEWSWIRE) -- 2021 Tax Characterization of Distributions KA Fund Advisors, LLC ("Kayne Anderson"), which serves as the adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE:KMF) announced today the tax characterization of 2021 distributions to stockholders.   KYN Common Shares KMF Common SharesOrdinary dividends -  - Qualified dividends -  - Capital gains distributions -  - Nondividend distributions (return of capital) 100% 100%  100% 100% Additional information regarding the tax characterization of KYN's and KMF's 2021 distributions is available at www.kaynefunds.com.

      1/28/22 7:00:00 PM ET
      $KMF
      $KYN
      Investment Managers
      Finance
      Finance/Investors Services
    • Kayne Anderson NextGen Energy & Infrastructure Prices Private Placement of $20 Million of Mandatory Redeemable Preferred Shares

      HOUSTON, April 27, 2021 (GLOBE NEWSWIRE) -- Kayne Anderson NextGen Energy & Infrastructure, Inc. (the "Fund") (NYSE:KMF) announced that it reached a conditional agreement with institutional investors relating to a private placement of $20 million of mandatory redeemable preferred shares ("MRP Shares"). The private placement is expected to close on or about May 11, 2021. Net proceeds will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the floating rate MRP Shares to be issued: Series Liquidation Value($ in millions) Dividend Rate MandatoryRedemption Date       Series I $20 3-month LIBOR + 175 bps 6/1/2026 Closing o

      4/27/21 7:35:00 PM ET
      $KMF
      Investment Managers
      Finance