Kayne Anderson NextGen Energy & Infrastructure Inc. (NYSE:KMF) traded today at a new 52-week high of $7.34. This new high was reached on below average trading volume as 62,000 shares traded hands, while the average 30-day volume is approximately 134,000 shares.
Kayne Anderson NextGen Energy and Infrastructure Inc is a non-diversified, closed-end fund. The company's investment objective is to provide a high level of total return with an emphasis on making cash distributions to the stockholders. The company seeks to achieve its investment objective by investing at least 80% of the total assets in the securities of Energy Companies and Infrastructure Companies. It invests in public MLPs, midstream C-corporations, and energy-related debt.
Kayne Anderson NextGen Energy & Infrastructure Inc. (NYSE:KMF) is currently priced 0.8% above its average consensus analyst price target of $7.24.
In the past 52 weeks, shares of Kayne Anderson NextGen Energy & Infrastructure Inc. have traded between a low of $3.90 and a high of $7.34 and is now at $7.30, which is 87% above that low price.
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