Kayne Anderson MLP Investment Company Provides Unaudited Balance Sheet Information And Announces Its Net Asset Value And Asset Coverage Ratios At October 31, 2016

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 October 31, 2016.

As of October 31, 2016, the Company's net assets were $2.1 billion, and its net asset value per share was $18.42. As of October 31, 2016, the Company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 391% and the Company's asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 275%.
 

Kayne Anderson MLP Investment Company
Statement of Assets and Liabilities
October 31, 2016
(Unaudited)
   
(in millions) Per Share
Investments $ 3,798.0 $ 33.41
Cash and cash equivalents 2.2 0.02
Deposits 0.3 -
Accrued income 31.0 0.27
Receivable for securities sold 1.0 0.01
Income tax receivable 18.4 0.16
Other assets   8.4   0.07
Total assets 3,859.3 33.94
 
Term loan 75.0 0.66
Senior notes 767.0 6.75
Preferred stock   354.0   3.11
Total leverage   1,196.0   10.52
 
Payable for securities purchased 5.4 0.05
Other liabilities 22.0 0.19
Deferred income tax liability   541.7   4.76
Total liabilities 569.1 5.00
 
Net assets $ 2,094.2 $ 18.42
 
The Company had 113,687,509 common shares outstanding as of October 31, 2016.
 

Long-term investments were comprised of Midstream MLP (92%), Midstream Company (4%), General Partner MLP (2%) and Shipping MLP (2%).

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