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.|
|September 30, 2011|
|(in millions)||Per Share|
|Repurchase agreements and cash||35.3||1.01|
|Receivable for securities sold||2.3||0.07|
|Payable for securities purchased||3.0||0.09|
|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%).
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