- Kayne Anderson Energy Infrastructure Fund (KYN, Financial) declares a monthly distribution of $0.08 per share for May 2025.
- The distribution, payable on May 30, 2025, includes an estimated 40% return of capital.
- KYN focuses on investing at least 80% of its assets in Energy Infrastructure Companies.
The Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) has announced a monthly distribution of $0.08 per share for May 2025. This distribution will be paid to common stockholders on May 30, 2025, with a record date set for May 15, 2025. The distribution includes an estimated 40% return of capital, which can offer investors a tax-efficient cash flow by reducing the cost basis in the shares instead of being taxed as ordinary income.
KYN is a non-diversified, closed-end management investment company that aims to provide high after-tax total returns with a particular emphasis on making cash distributions to stockholders. The fund follows a focused investment strategy by allocating at least 80% of its total assets in securities of Energy Infrastructure Companies, offering a specialized income vehicle that is tied to the performance of the energy infrastructure sector.
Future distributions by KYN are contingent upon board approval, compliance with debt agreement covenants, and the terms of preferred stock. The fund anticipates declaring its next distribution in early June 2025, continuing its routine practice without indicating any strategic changes in its approach or performance.
