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 September 30, 2012.
As of September 30, 2012, the Company’s net assets were $2.6 billion, and its net asset value per share was $29.46. As of September 30, 2012, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 406% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 293%.
|Kayne Anderson MLP Investment Company|
|Statement of Assets and Liabilities|
|September 30, 2012|
|(in millions)||Per Share|
|Investments||$ 4,631.2||$ 52.48|
|Receivable for securities sold||6.9||0.08|
|Credit facility borrowings||82.0||0.93|
|Payable for securities purchased||13.7||0.16|
|Deferred tax liability||674.8||7.65|
|Net assets||$ 2,599.4||$ 29.46|
|The Company had 88.24 million common shares outstanding as of September 30, 2012.|
Long-term investments were comprised of Midstream MLP (69%), MLP Affiliate (8%), General Partner MLP (7%), Shipping MLP (4%), Propane MLP (1%), Upstream MLP & Income Trust (3%), Coal & Other MLP (3%) and Other (5%).