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Stock impact report

KYN: Decent For Income, But No Near-Term Catalyst [Seeking Alpha]

Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) 
US:NYSE Investor Relations: kaynefunds.com/kyn/fact-sheet
Company Research Source: Seeking Alpha
KYN has outperformed the Alerian MLP Index and matched or exceeded S&P 500 total returns recently, but lacks near-term catalysts for price appreciation. The fund's recent distributions were not fully covered by net investment income and capital gains, though its long-term coverage has been stronger. KYN trades at a 9.72% discount to NAV, making it attractively priced among peers, but slightly expensive versus its historical average. This idea was discussed in more depth with members of my private investing community, Energy Profits in Dividends. Learn More » Denis Shevchuk/iStock via Getty Images The Kayne Anderson Energy Infrastructure Fund ( NYSE: KYN ) is a closed-end fund that investors can purchase in order to easily add an actively-managed portfolio of midstream energy companies to their portfolios. There can be numerous reasons to add midstream energy companies More on my IG service At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investi Show less Read more
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