Kayne Anderson NextGen Energy & Infrastructure, Inc.

Kayne Anderson NextGen Energy & Infrastructure, Inc.

KMF
Kayne Anderson NextGen Energy & Infrastructure, Inc.US flagNew York Stock Exchange
6.72
USD
+0.02
- -
316.93MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
James Charles Baker Jr.
Sector
Financial Services
Industry
Asset Management
Address
811 Main Street Houston TX United States of America 77002
IPO Date
Nov 24, 2010
Business
Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940 that seeks to provide a high level of total return with an emphasis on cash distributions to its stockholders by investing at least 80% of its total assets in securities of Energy Companies and Infrastructure Companies, with a majority focused on "NextGen" companies meaningfully participating in or benefiting from the energy transition; its portfolio includes renewable infrastructure and green utilities such as Brookfield Renewable Partners and Atlantica Sustainable Infrastructure, natural gas midstream and LNG infrastructure, traditional midstream energy companies, and other holdings like utilities and credit investments. The fund, advised by KA Fund Advisors, LLC and headquartered in Houston, Texas, offers exposure to domestic and international energy infrastructure with stable, contracted cash flows providing inflation protection, and utilizes leverage through unsecured notes, preferred stock, and bank facilities representing approximately 20% to 25% of total assets. In November 2023, KMF completed a merger into Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN), where KMF stockholders received either KYN common stock at a relative net asset value exchange ratio or cash equivalent to 95% of KMF's per-share NAV (subject to a 15% cap and proration), accompanied by Kayne Anderson's management fee waivers on KYN to maintain pro forma fee levels and a planned one-cent increase in KYN's quarterly distribution rate to 22 cents per share.

Company News

APIChatGPT
  • Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios at September 30, 2024

  • Kayne Anderson Energy Infrastructure Fund Announces Completion of Merger with Kayne Anderson NextGen Energy & Infrastructure

  • Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Preliminary Results of Election of Merger Consideration

  • Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Approval of Proposed Merger

  • Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at October 31, 2023

  • Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at September 30, 2023

  • Kayne Anderson NextGen Energy & Infrastructure Announces Distribution of $0.16 per Share for Q3 2023

  • Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2023

  • KMF: Good Price, But Underperformance And Declining NAV Real Problems

  • Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at July 31, 2023

  • Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at June 30, 2023

  • Kayne Anderson NextGen Energy & Infrastructure Announces Distribution of $0.16 per Share for Q2 2023

  • Milk price hike: Rs 9.25 per liter increase in milk prices, know where and why.

  • Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at May 31, 2023

  • KMF: Vote With Your Feet; Tender For Cash

  • KAYNE ANDERSON NEXTGEN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kayne Anderson NextGen Energy & Infrastructure, Inc. - KMF

  • KAYNE ANDERSON NEXTGEN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Kayne Anderson NextGen Energy & Infrastructure, Inc. - KMF

  • KYN And KMF Proposed Merger: Yes Or No?

  • Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at April 30, 2023

  • Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Updated Terms for Proposed Merger