KMF News and Press, Kayne Anderson Midstream Energy Fund Inc From 03/23/22

During the fourth quarter, energy infrastructure companies repurchased $650 million of their equity in aggregate, with MLPs accounting for the bulk of activity. For Alerian’s broad midstream benchmark (AMNA), companies with buyback authorizations account for 75.1% of the index ...

For the second consecutive quarter, there were no dividend cuts across Alerian’s midstream indexes for 4Q21. Multiple names that cut payouts in the past are growing or expect to grow their dividends by significant percentages off a lowered base. Comparing dividends on a yea...

Brent crude oil prices hit a 13-year high of $130 per barrel as the US and its allies consider a ban on Russian oil and natural gas, intending to isolate Russia from the global economy amid the ongoing Russia-Ukraine war. OPEC+ decided to stick to its plan of raising oil output by 400...

Today, we are looking at how to tell if a fund might be paying a sustainable distribution or not. We use several examples covering both fixed-income and equity funds to help highlight their differences. Overall, fixed-income funds are more straightforward to analyze than equity fu...

There are several reasons why closed-end funds can pay higher distribution yields to investors. Closed-end funds can invest in more complex investments and include leverage or other strategies to help generate higher yields. These more stable payouts from these funds can be a mass...

Triple-digit oil prices and inflation concerns have supported strong performance and a greater weighting to energy in broad market indexes, making energy relevant again for generalist investors. The significant rise in oil prices and the potential need to replace Russian barrels on th...

Kayne Anderson NextGen Energy & Infrastructure Inc. (NYSE:KMF) traded today at a new 52-week high of $8.11. So far today approximately 88,000 shares have been exchanged, as compared to an average 30-day volume of 140,000 shares. Kayne Anderson NextGen Energy & Infrastructure Inc....

HOUSTON, March 02, 2022 (GLOBE NEWSWIRE) -- Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment...

Kayne Anderson NextGen Energy & Infrastructure (NYSE:KMF) entered into a $50M unsecured revolving credit facility with a syndicate of lenders. The credit facility, which matures on Feb. 24, 2023, replaces KMF's $50M revolving credit facility that was scheduled to mature on Feb. 25. The in...

The consolidation of MLPs by their parents or significant owners has been a multi-year trend, but activity has picked up with a number of transactions currently pending. M&A activity among industry peers has generally been more muted relative to MLP consolidations by sponsors, but...