HOUSTON, May 01, 2020 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.
HOUSTON, Jan. 22, 2020 -- KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the adviser to Kayne Anderson MLP/Midstream Investment Company (NYSE: KYN) and Kayne.
KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the adviser to Kayne Anderson MLP/Midstream Investment Company (KYN) and Kayne Anderson Midstream/Energy Fund, Inc. (KMF) (each a “Company”) announced today that due to the COVID-19 pandemic, the combined KYN and KMF 2020 Annual Meeting of Stockholders (the “Annual Meeting”) to be held on Thursday, May 7, 2020, at 8:00 a.m. Central Time will be conducted as a virtual meeting. Stockholders will not be able to attend the Annual Meeting in person.
HOUSTON, Dec. 03, 2019 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.
KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the adviser to Kayne Anderson MLP/Midstream Investment Company (KYN) and Kayne Anderson Midstream/Energy Fund, Inc. (KMF) announced today that in response to the COVID-19 pandemic it is postponing the combined KYN and KMF 2020 Annual Meeting of Stockholders (the “Annual Meeting”). KYN’s investment objective is to obtain a high after-tax total return by investing at least 85% of its total assets in energy-related master limited partnerships and their affiliates (“MLPs”), and in other companies that, as their principal business, operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined petroleum products or coal (collectively with MLPs, “Midstream Energy Companies”).
HOUSTON, Feb. 03, 2020 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.
HOUSTON, Aug. 01, 2019 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.
HOUSTON, April 02, 2020 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.
Kayne Anderson Midstream/Energy Fund, Inc. (KMF) (the “Fund”) announced today an update on its balance sheet and leverage levels. As of March 27, 2020, the Fund had $146 million of cash on its balance sheet, including cash it will receive by Tuesday for securities it has recently sold. The Fund plans to prudently use its cash balance to reduce leverage levels over the next month in a way that minimizes prepayment penalties and maximizes shareholder value.
Kayne Anderson Midstream/Energy Fund, Inc. (KMF) (the “Fund”) announced today an update on its balance sheet and leverage levels. The Fund also announced revised timing for the distribution originally scheduled to be paid on March 31, 2020. In response to the recent record market volatility, the Fund has proactively taken steps to increase its cash position and reduce leverage levels.
HOUSTON, Jan. 02, 2020 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.
Kayne Anderson Midstream/Energy Fund, Inc. (KMF) (the “Fund”) announced today its monthly distributions of $0.075 per share for each of January, February, and March 2020. The Fund announced that it plans to maintain the monthly distribution at $0.075 per share for the next 12 months (through the distribution to be paid in December 2020). Beyond this 12-month guidance period, management expects to recommend to the Fund’s Board of Directors that it maintain KMF’s distribution at its current level for the foreseeable future.
HOUSTON, Feb. 07, 2020 -- Kayne Anderson Midstream/Energy Fund, Inc. (NYSE: KMF) (the “Fund”) announced today that it has entered into a $100 million unsecured revolving credit.
HOUSTON, Nov. 01, 2019 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.
HOUSTON, Jan. 29, 2020 -- KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the adviser to Kayne Anderson MLP/Midstream Investment Company (NYSE: KYN) and Kayne.
HOUSTON, Sept. 04, 2019 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.
Kayne Anderson Midstream/Energy Fund, Inc. (KMF) (the “Fund”) announced today that is has completed its planned reduction in leverage levels. On April 24, 2020, the Fund utilized a portion of its cash on hand to redeem $70 million of unsecured senior notes (“Notes”) and $35 million of mandatory redeemable preferred shares (“MRP Shares”). As a result of these repurchases, the Fund is currently in compliance with all the applicable 1940 Act leverage tests as well as the covenants on its debt agreements and terms of its preferred stock.
Kayne Anderson Midstream/Energy Fund, Inc. (NYSE: KMF) (the “Fund”) announced today its monthly distributions of $0.075 per share for each of October, November and December 2019. At this time, the Fund estimates that 90% of its annual distributions are considered to be a non-taxable return of capital. Kayne Anderson Midstream/Energy Fund, Inc. 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.
HOUSTON, Oct. 01, 2019 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.
HOUSTON, March 03, 2020 -- Kayne Anderson Midstream/Energy Fund, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and.