Kayne Anderson MLP Investment Company (the “Company”) (NYSE: KYN) 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 July 31, 2012.
As of July 31, 2012, the Company’s net assets were $2.4 billion, and its net asset value per share was $28.37. As of July 31, 2012, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 404% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 285%.
|Kayne Anderson MLP Investment Company|
|Statement of Assets and Liabilities|
|July 31, 2012|
|(in millions)||Per Share|
|Receivable for securities sold||13.1||0.16|
|Credit facility borrowings||10.0||0.12|
|Payable for securities purchased||6.7||0.08|
|Deferred tax liability||617.5||7.42|
|The Company had 83.24 million common shares outstanding as of July 31, 2012.|
Long-term investments were comprised of Midstream MLP (68%), MLP Affiliate (9%), General Partner MLP (7%), Shipping MLP (5%), Upstream MLP & Income Trust (3%), Coal & Other MLP (3%) and Other (5%).