Kayne Anderson Energy Total Return Fund, Inc. (the “Fund”) (NYSE: KYE) today provided a summary unaudited balance sheet and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of August 31, 2011.
As of August 31, 2011, the Fund’s net assets were $854.5 million, and its net asset value per share was $24.51. As of August 31, 2011, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 424% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 303%.
Kayne Anderson Energy Total Return Fund, Inc.
|August 31, 2011|
|(in millions)||Per Share|
|Repurchase agreements and cash||21.5||0.61|
|Receivable for securities sold||5.9||0.17|
|Payable for securities purchased||4.2||0.12|
|The Fund had 34.86 million common shares outstanding as of August 31, 2011.|
As of August 31, 2011, equity and debt investments were 88% and 12%, respectively, of the Fund’s long-term investments of $1.3 billion. Long-term investments were comprised of MLPs and MLP Affiliates (46%), U.S. and Canadian Income Trusts (14%), Marine Transportation (15%), Coal (3%), Midstream & Other (10%) and Debt (12%).
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