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 August 31, 2012.
As of August 31, 2012, the Company’s net assets were $2.5 billion, and its net asset value per share was $28.66. As of August 31, 2012, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 426% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 300%.
|Kayne Anderson MLP Investment Company|
|Statement of Assets and Liabilities|
|August 31, 2012|
|(in millions)||Per Share|
|Receivable for securities sold||2.6||0.03|
|Payable for securities purchased||17.4||0.20|
|Deferred tax liability||632.9||7.17|
|The Company had 88.24 million common shares outstanding as of August 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%).