![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Kayne Anderson Energy Infrastructure Fund Inc | NYSE:KYN | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.04 | -0.38% | 10.45 | 10.57 | 10.43 | 10.52 | 1,502,398 | 01:00:00 |
KAYNE ANDERSON ENERGY INFRASTRUCTURE FUND, INC.
SCHEDULE OF INVESTMENTS
AUGUST 31, 2023
(amounts in 000’s, except number of option contracts)
(UNAUDITED)
Description |
No. of |
Value |
|||
Long-Term Investments — 138.8% |
|
||||
Equity Investments(1) — 138.8% |
|
||||
Midstream Energy Company(2) — 121.8% |
|
||||
Antero Midstream Corporation |
1,680 |
$ |
20,360 |
||
Aris Water Solutions, Inc. |
478 |
|
4,898 |
||
Cheniere Energy, Inc. |
723 |
|
118,026 |
||
Cheniere Energy Partners, L.P. |
364 |
|
18,869 |
||
DT Midstream, Inc. |
409 |
|
21,366 |
||
Enbridge Inc.(3) |
1,030 |
|
36,122 |
||
Energy Transfer LP |
16,788 |
|
226,130 |
||
Energy Transfer LP — Series A Preferred Unit(4) |
2,000 |
|
1,840 |
||
EnLink Midstream, LLC |
484 |
|
6,015 |
||
Enterprise Products Partners L.P. |
7,281 |
|
193,756 |
||
Enterprise Products Partners L.P. — Convertible Preferred |
23 |
|
22,803 |
||
Hess Midstream LP |
548 |
|
15,850 |
||
Kinder Morgan, Inc. |
1,480 |
|
25,477 |
||
Magellan Midstream Partners, L.P.(8) |
555 |
|
36,890 |
||
MPLX LP |
3,714 |
|
129,591 |
||
MPLX LP — Convertible Preferred Units(5)(6)(9) |
2,255 |
|
78,690 |
||
NuStar Energy L.P. |
650 |
|
10,894 |
||
ONEOK, Inc.(8) |
1,345 |
|
87,706 |
||
Pembina Pipeline Corporation(3) |
1,198 |
|
37,237 |
||
Plains All American Pipeline, L.P. |
9,518 |
|
145,154 |
||
Streamline Innovations Holdings, Inc. — Series C Preferred |
4,125 |
|
20,213 |
||
Targa Resources Corp.(13) |
1,739 |
|
150,019 |
||
TC Energy Corporation(3) |
704 |
|
25,414 |
||
The Williams Companies, Inc. |
4,798 |
|
165,686 |
||
Western Midstream Partners, LP |
3,570 |
|
95,286 |
||
|
1,694,292 |
||||
Utility Company(2) — 7.4% |
|
||||
Duke Energy Corporation |
107 |
|
9,484 |
||
NextEra Energy, Inc. |
352 |
|
23,482 |
||
Sempra Energy |
741 |
|
52,047 |
||
TransAlta Corporation(3) |
815 |
|
7,820 |
||
Xcel Energy Inc. |
187 |
|
10,700 |
||
|
103,533 |
See accompanying notes to financial statements.
KAYNE ANDERSON ENERGY INFRASTRUCTURE FUND, INC.
SCHEDULE OF INVESTMENTS
AUGUST 31, 2023
(amounts in 000’s, except number of option contracts)
(UNAUDITED)
Description |
No. of |
Value |
|||
Renewable Infrastructure Company(2) — 6.5% |
|
||||
Atlantica Sustainable Infrastructure plc(3) |
1,825 |
$ |
40,970 |
||
Brookfield Renewable Partners L.P.(3) |
625 |
|
15,895 |
||
Clearway Energy, Inc. — Class A |
111 |
|
2,609 |
||
Clearway Energy, Inc. — Class C |
403 |
|
9,970 |
||
NextEra Energy Partners, LP |
420 |
|
20,949 |
||
|
90,393 |
||||
Energy Company(2) — 3.1% |
|
||||
Exxon Mobil Corporation |
215 |
|
23,950 |
||
Phillips 66(13) |
167 |
|
19,021 |
||
|
42,971 |
||||
Total Long-Term Investments — 138.8% (Cost — $1,780,921) |
|
1,931,189 |
Liabilities |
Strike |
Expiration |
No. of |
Notional |
|||||||||
Call Option Contracts Written(12) |
|
|
|
||||||||||
Midstream Energy Company(2) |
|
|
|
||||||||||
Targa Resources Corp. |
$ |
82.50 |
9/15/23 |
960 |
$ |
8,280 |
(403 |
) |
|||||
|
|
|
|||||||||||
Energy Company(2) |
|
|
|
||||||||||
Phillips 66 |
|
115.00 |
9/15/23 |
650 |
|
7,420 |
(111 |
) |
|||||
Phillips 66 |
|
120.00 |
9/15/23 |
650 |
|
7,420 |
(19 |
) |
|||||
|
|
(130 |
) |
||||||||||
Total Call Option Contracts Written (Premiums Received — $333) |
|
(533 |
) |
Debt |
|
(305,218 |
) |
|||
Mandatory Redeemable Preferred Stock at Liquidation Value |
|
(111,603 |
) |
|||
Current Income Tax Receivable, net |
|
1,419 |
|
|||
Deferred Income Tax Liability, net |
|
(120,706 |
) |
|||
Other Liabilities in Excess of Other Assets |
|
(3,163 |
) |
|||
Net Assets Applicable to Common Stockholders |
$ |
1,391,385 |
|
____________
(1) Unless otherwise noted, equity investments are common units/common shares.
(2) Refer to Glossary of Key Terms for definitions of Energy Company, Midstream Energy Company, Renewable Infrastructure Company and Utility Company.
(3) Foreign security.
(4) Energy Transfer LP (“ET”) Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“ET Series A Units”). ET Series A Units have a liquidation preference of $1,000 per unit and pay a quarterly distribution at a rate equal to the three-month SOFR plus a spread of 4.2896%. ET Series A Units are redeemable anytime at a redemption price of $1,000 per ET Series A Unit plus accumulated and unpaid distributions. As of August 31, 2023, the distribution rate was 9.654%.
(5) Fair valued on a recurring basis using significant unobservable inputs (Level 3). See Notes 2 and 3 in Notes to Financial Statements.
See accompanying notes to financial statements.
KAYNE ANDERSON ENERGY INFRASTRUCTURE FUND, INC.
SCHEDULE OF INVESTMENTS
AUGUST 31, 2023
(amounts in 000’s, except number of option contracts)
(UNAUDITED)
(6) The Company’s ability to sell this security is subject to certain legal or contractual restrictions. As of August 31, 2023, the aggregate value of restricted securities held by the Company was $121,706 (6.3% of total assets). See Note 7 — Restricted Securities.
(7) Enterprise Products Partners L.P. (“EPD”) Series A Cumulative Convertible Preferred Units (“EPD Convertible Preferred Units”) are senior to the common units in terms of liquidation preference and priority of distributions, and pay a distribution of 7.25% per annum. The EPD Convertible Preferred Units are convertible into EPD common units at any time after September 29, 2025 at the liquidation preference amount divided by 92.5% of the 5-day volume weighted average price of EPD’s common units at such time.
(8) On September 25, 2023, ONEOK, Inc. (“OKE”) completed its previously announced acquisition of Magellan Midstream Partners, L.P. (“MMP”) in which OKE acquired all of the outstanding units of MMP for cash and stock.
(9) MPLX LP (“MPLX”) Series A Convertible Preferred Units (“MPLX Convertible Preferred Units”) are convertible on a one-for-one basis into common units of MPLX and are senior to the common units in terms of liquidation preference and priority of distributions. For the quarter ended August 31, 2023, the Company received a distribution of $0.775 per MPLX Convertible Preferred Unit.
(10) The Company believes that it is an affiliate of Streamline Innovations Holdings, Inc. (“Streamline”). See Note 5 — Agreements and Affiliations.
(11) Streamline is a privately-held company. Streamline Series C Preferred Shares are convertible into common equity at any time at the Company’s option and are senior to common equity and Series A and Series B preferred shares in terms of liquidation preference and priority of distributions. Streamline Series C Preferred Shares are entitled to receive a quarterly dividend beginning on March 31, 2025, at an annual rate of 12.0%, which rate shall increase 2.0% each year thereafter to a maximum rate of 18.0%. Streamline Series C Preferred Shares are redeemable by Streamline at any time after March 31, 2025, at a price sufficient for the Company to achieve a 20.0% internal rate of return on its investment.
(12) Security is non-income producing.
(13) Security or a portion thereof is segregated as collateral on option contracts written.
(14) The notional amount of call option contracts written is the product of (a) the number of contracts written, (b) 100 (each contract entitles the option holder to 100 units/shares) and (c) the market price of the underlying security as of August 31, 2023.
At August 31, 2023, the Company’s geographic allocation was as follows:
Geographic Location |
% of Long-Term |
|
United States |
91.5% |
|
Canada |
6.4% |
|
Europe/U.K. |
2.1% |
See accompanying notes to financial statements.
1 Year Kayne Anderson Energy In... Chart |
1 Month Kayne Anderson Energy In... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions