In a recent article, I discussed how one of the biggest problems with most energy ETFs is that they possess relatively low distribution yields. As a result, investors cannot truly derive income from their holdings by using these funds. Fortunately, this problem can be solved through the use of closed-end funds. One of the more unique of these is the Kayne Anderson MLP/Midstream Investment Company (KYN), which includes exposure to some privately-held midstream companies as well as the usual assortment of publicly-traded securities.
About The Fund
KYN is a closed-end investment company