Kayne Anderson Midstream Energy Fund:KMF

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    Overview

    As of 7/10/2020. NAV as of 7/9/2020.

     Share
    Price
    NAVPremium/
    Discount
    Current$4.31$5.64-25.18%
    52 Wk Avg$8.30$9.77-16.17%
    52 Wk High$12.10$13.98-8.81%
    52 Wk Low$1.22$2.71-47.60%
    Regular Distribution TypeIncome Only
    Distribution Rate25.06%
    Distribution Amount$0.0900
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to provide a high level of total return with emphasis on making quarterly cash distributions. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of companies in the Midstream/Energy sector, consisting of (a) Midstream MLPs, (b) Midstream Companies, (c) Other MLPs and (d) Other Energy Companies. The Fund may utilize leverage to the extent permitted by the 1940 Act and also expects to write call options on securities held, with the purpose of generating realized gains. The Fund may will invest in equity securities such as common units, preferred units, subordinated units, general partnership interests, common stocks, preferred stocks and convertible securities.

    Capital Structure

    As of 7/10/2020

    Total Investment Exposure:$542.117M
    Total Common Assets:$266.194M
    Common Shares Outstanding:47,197,462
    Leverage

    As of 11/30/2018

    Preferred Share Assets: $75.000M
    Total Debt (USD): $200.923M
    Regulatory Leverage (USD): $275.923M
    Effective Leverage (USD): $275.923M
    Effective Leverage (%): 50.90%
    Annual Expense Ratios

    As of 11/30/2019

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 4.00%
    Fund Management

    Fund Sponsor
    Kayne Anderson

    Portfolio Managers
    James C Baker, Ron M. Logan, Jody C. Meraz, John J.C. Frey, Kevin McCarthy

    Basics
    Category: Equity-MLP
    Ticker: KMF
    NAV Ticker: XKMFX
    Average Daily Volume (shares): 329,306
    Average Daily Volume (USD): $2.324M
    Inception Date: 11/24/2010
    Inception Share Price: $25.00
    Inception NAV: $23.83
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 7/10/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 11/30/2019
    $0.4047
    Annualized Distribution Rate on NAV:
    As of 7/10/2020
    19.15%
    Total Return on NAV (12 months):
    As of 7/10/2020
    -50.70%
    Avg. Portfolio Coupon:
    As of 7/10/2020
    5.99%
    Total % Portfolio Effectively Leveraged:
    As of 7/10/2020
    50.90%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/10/2020

    PeriodAvg Discount
    6 Month-18.47%
    1 Year-16.17%
    3 Year-11.82%
    5 Year-9.72%
    Z-Score

    As of 7/10/2020

    PeriodZStat
    3 Month-1.64
    6 Month-1.29
    1 Year-2.08
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2020
    Category: Morningstar US CEF MLP

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-52.28%-48.14%-65.15%-60.83%
    201918.25%23.86%16.44%13.89%
    2018-23.98%-22.43%-22.39%-17.44%
    2017-5.64%-10.66%-0.56%-5.69%
    201641.91%56.27%34.69%33.32%
    2015-57.53%-59.88%-44.89%-43.81%
    20144.48%2.86%4.21%6.36%
    201326.39%38.07%20.35%29.71%
    201222.73%10.19%9.61%3.27%
    20116.59%20.25%4.04%11.83%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2020
    Category: Morningstar US CEF MLP

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/9/2020
    5.99%
    Number of Holdings:
    As of 11/30/2019
    51
    Annual Portfolio Turnover:
    As of 11/30/2019
    30.00%
    Asset Allocation

    As of 11/30/2019 reported by Fund Sponsor

    Top Sectors

    As of 11/30/2019 reported by Fund Sponsor

    Sector%Portfolio
    Sensitive (Super Sector)110.62%
    Energy104.45%
    Defensive (Super Sector)14.41%
    Utilities14.41%
    Industrials6.17%
    Corporate (Super Sector)5.70%
    Corporate Bond3.13%
    Preferred Stock2.57%
    Cash Equivalents-7.64%
    Cash Equivalents (Super Sector)-7.64%
    Top Holdings

    As of 11/30/2019 reported by Fund Sponsor

    HoldingValue% Portfolio
    Williams$66.03M12.37%
    ONEOK Inc$57.52M10.77%
    Plains GP Holdings LP Class A$50.57M9.47%
    Kinder Morgan, Inc. (OLD)$46.46M8.70%
    TC Energy Corp$43.93M8.23%
    Enterprise Products Partners LP$40.33M7.55%
    Enbridge Inc$38.75M7.26%
    Pembina Pipeline Corp$36.30M6.80%
    Targa Resources Corp$33.00M6.18%
    Debt$-200.92M-37.63%
    Maturity Breakdown

    As of 11/30/2019 reported by Fund Sponsor

    Country Allocation

    As of 11/30/2019 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity98.13%
    Canada - Equity27.81%
    United Kingdom - Equity8.56%
    Others - Equity3.51%
    United States - Fixed Income3.13%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W