Kayne Anderson Energy Infrastructure Fund, Inc. logo

Kayne Anderson Energy Infrastructure Fund, Inc. (KYN)

Market Closed
17 Jul, 20:00
NYSE NYSE
$
14. 62
+0.01
+0.0684%
$
- Market Cap
- Div Yield
1.32M Volume
$ 14.61
Previous Close
Add Transaction
Day Range
14.54 14.74
Year Range
11.31 14.74
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KYN: The Best Legacy Midstream CEF, But Not The Most Suitable

KYN: The Best Legacy Midstream CEF, But Not The Most Suitable

Kayne Anderson Energy Infrastructure Fund offers high-yield exposure to energy infrastructure, but recent cracks in distribution quality raise concerns. KYN trades at a persistent >10% NAV discount, reflecting skepticism despite strong sector performance and a 7%+ yield. Distribution coverage has deteriorated, with 23% of distributions as ROC, signaling potential sustainability issues, in my opinion.

Seekingalpha | 2 months ago