This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Kayne Anderson Energy Total Return Fund Provides Unaudited Balance Sheet Information And Announces Its Net Asset Value And Asset Coverage Ratios At September 30, 2011

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 September 30, 2011.

As of September 30, 2011, the Fund’s net assets were $767.9 million, and its net asset value per share was $22.03. As of September 30, 2011, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 395% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 282%.
Kayne Anderson Energy Total Return Fund, Inc.
Balance Sheet
September 30, 2011
  (in millions)   Per Share
Investments $ 1,151.4 $ 33.03
Repurchase agreements and cash 35.3 1.01
Deposits 0.1
Accrued income 4.1 0.12
Receivable for securities sold 2.3 0.07
Other assets   4.0   0.11
Total assets 1,197.2 34.34
Senior notes 301.0 8.63
Preferred stock   120.0   3.44
Total leverage   421.0   12.07
Payable for securities purchased 3.0 0.09
Other liabilities   5.3   0.15
Total liabilities 8.3 0.24
Net assets $ 767.9 $ 22.03
The Fund had 34.86 million common shares outstanding as of September 30, 2011.

As of September 30, 2011, equity and debt investments were 87% and 13%, respectively, of the Fund’s long-term investments of $1.2 billion. Long-term investments were comprised of MLPs and MLP Affiliates (48%), U.S. and Canadian Income Trusts (11%), Marine Transportation (16%), Coal (3%), Midstream & Other (9%) and Debt (13%).

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs