KYN Announces Name Change to Kayne Anderson Energy Infrastructure Fund
September 28 2020 - 5:45PM
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) (the
“Company”) announced today that the Company’s name has been changed
from Kayne Anderson MLP/Midstream Investment Company to Kayne
Anderson Energy Infrastructure Fund, Inc. KYN previously announced
its plan to make this change when it provided a strategic update in
July 2020. The changes to certain of KYN’s non-fundamental
investment policies, which were also announced as part of the
strategic update, take effect today as well.
The Company, which is traded on the New York Stock Exchange
(“NYSE”), will begin trading under its new name on September 29,
2020. It will continue to trade under the ticker symbol KYN.
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a
non-diversified, closed-end management investment company
registered under the Investment Company Act of 1940, as amended,
whose common stock is traded on the NYSE. The company's investment
objective is to obtain a high after-tax total return by investing
at least 85% of its total assets in energy-related partnerships and
their affiliates ("MLPs"), and in other companies that, as their
principal business, operate assets used in the gathering,
transporting, processing, storing, refining, distributing, mining
or marketing of natural gas, natural gas liquids, crude oil,
refined petroleum products or coal (collectively with midstream
MLPs, "Midstream Energy Companies").
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 take into account
the specific objectives or circumstances of any investor. Please
consult with your investment, tax, or legal adviser regarding your
individual circumstances prior to investing.
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 U.S. federal securities laws. Forward-looking
statements involve a variety of risks and uncertainties. These
risks include, but are not limited to, changes in economic and
political conditions; regulatory and legal changes; energy industry
risk; leverage risk; valuation risk; interest rate risk; tax risk;
and other risks discussed in detail in the Company’s filings with
the SEC, available at www.kaynefunds.com or www.sec.gov. Actual
events could differ materially from these statements or from our
present expectations or projections. You should not place undue
reliance on these forward-looking statements, which speak only as
of the date they are made. Kayne Anderson undertakes no obligation
to publicly update or revise any forward-looking statements made
herein. There is no assurance that the Company’s investment
objectives will be attained.
Contact: KA Fund Advisors, LLCInvestor
Relations877-657-3863cef@kaynecapital.com www.kaynefunds.com
Kayne Anderson Energy In... (NYSE:KYN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Kayne Anderson Energy In... (NYSE:KYN)
Historical Stock Chart
From Apr 2023 to Apr 2024