Home / Top News / Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at June 30, 2021
Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at June 30, 2021
HOUSTON, July 01, 2021 (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 Company Act of 1940 (the “1940 Act”) as of June 30, 2021.
As of June 30, 2021, the Fund’s net assets were $424 million and its net asset value per share was $8.99. As of June 30, 2021, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 461% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 374%.