Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.21 per Share for Q3 2023
September 20 2023 - 5:30PM
Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”)
(NYSE: KYN) announced today a quarterly distribution of $0.21 per
share for the fiscal quarter ended August 31, 2023. This
distribution is payable to common stockholders on October 10, 2023
(as outlined in the table below).
Ex-Date |
Record Date |
Payment Date |
DistributionAmount |
Return of
CapitalEstimate(1) |
|
|
|
|
|
9/29/23 |
10/2/23 |
10/10/23 |
$0.21 |
10% |
|
|
|
|
|
(1) This estimate is based on the Company’s
anticipated earnings and profits. The final determination of the
tax character of distributions will not be determinable until after
the end of the fiscal year and may differ substantially from this
preliminary information.
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 provide a high after-tax total return with an
emphasis on making cash distributions to stockholders. KYN intends
to achieve this objective by investing at least 80% of its total
assets in securities of Energy Infrastructure Companies. See
Glossary of Key Terms in the Company’s most recent quarterly report
for a description of these investment categories and the meaning of
capitalized terms.
The Company pays cash distributions to common stockholders at a
rate that may be adjusted from time to time. Distribution amounts
are not guaranteed and may vary depending on a number of factors,
including changes in portfolio holdings and market
conditions.
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 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 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: Investor Relations at 877-657-3863 or
cef@kaynecapital.com
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