Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios At March 31, 2024

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of March 31, 2024.

As of March 31, 2024, the Company’s net assets were $1.9 billion, and its net asset value per share was $11.52. As of March 31, 2024, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 661% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 469%.

STATEMENT OF ASSETS AND LIABILITIES
MARCH 31, 2024   // (UNAUDITED)

		(in millions)
Investments		$	2,658.4
Cash and cash equivalents			3.5
Receivable for securities sold			13.3
Accrued income			1.9
Current tax asset, net			8.9
Other assets			1.3
Total assets			2,687.3
Credit facility			13.0
Term loan			50.0
Notes			311.7
Unamortized notes issuance costs			(1.6	)
Preferred stock			153.1
Unamortized preferred stock issuance costs			(1.4	)
Total leverage			524.8
Payable for securities purchased			15.3
Other liabilities			7.5
Deferred tax liability, net			191.0
Total liabilities			213.8
Net assets		$	1,948.7

The Company had 169,126,038 common shares outstanding as of March 31, 2024.