HOUSTON, March 27, 2023 (GLOBE NEWSWIRE) — 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 February 28, 2023. This distribution, which is an increase of $0.01 per share over the prior distribution (a 5% increase), is payable to common stockholders on April 17, 2023 (as outlined in the table below).
|
Ex- Date |
Record Date |
Payment Date |
Distribution Amount |
Return of Capital Estimate (1) |
||
|
4/6/23 |
4/10/23 |
4/17/23 |
$0.21 |
20% |
||
| (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 [email protected]
