Kayne Anderson Reports $16.62 NAV and 676% Senior Asset Coverage
As of April 30, 2026, Kayne Anderson Energy Infrastructure Fund reported net assets of $2.8 billion and a net asset value per share of $16.62. The fund’s asset coverage ratios stood at 676% for senior securities and 520% for total leverage, with 94% of investments in midstream energy companies.
1. Balance Sheet Summary
The fund ended April with total assets of $3.944 billion and total liabilities of $468.3 million, resulting in net assets of $2.811 billion across 169.13 million common shares outstanding. Net asset value per share was $16.62.
2. Asset Coverage Ratios
Under the 1940 Act, the asset coverage ratio for senior securities (indebtedness) was 676%, while total leverage coverage (debt and preferred stock) stood at 520%, well above required minimums for closed-end funds.
3. Portfolio Composition
Long-term investments were allocated 94% to midstream energy companies, 4% to power infrastructure companies and 2% to other sectors, reflecting the fund’s objective to maintain energy infrastructure exposure.
4. Top Ten Holdings
The ten largest positions represent about 75% of long-term investments, led by Enterprise Products Partners L.P. ($393.8 million, 10%), Energy Transfer LP (9.8%), The Williams Companies (9.7%), Cheniere Energy (8.6%) and MPLX LP (7.9%).