HOUSTON, Feb. 01, 2023 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Power & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) right now supplied a abstract unaudited assertion of property and liabilities and introduced its web asset worth and asset protection ratios beneath the Funding Firm Act of 1940 (the “1940 Act”) as of January 31, 2023.

As of January 31, 2023, the Fund’s web property have been $441.7 million and its web asset worth per share was $9.36. As of January 31, 2023, the Fund’s asset protection ratio beneath the 1940 Act with respect to senior securities representing indebtedness was 642% and the Fund’s asset protection ratio beneath the 1940 Act with respect to whole leverage (debt and most well-liked inventory) was 438%.

The Fund had 47,197,462 frequent shares excellent as of January 31, 2023.

As of January 31, 2023, fairness and debt investments have been 99% and 1%, respectively, of the Fund’s long-term investments. Lengthy-term investments have been comprised of Midstream Firm (41%), Pure Fuel & LNG Infrastructure Firm (25%), Renewable Infrastructure Firm (18%), Utility Firm (15%) and Debt (1%).

The Fund’s ten largest holdings by issuer at January 31, 2023 have been:   

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Portfolio holdings are topic to vary with out discover. The point out of particular securities isn’t a advice or solicitation for any particular person to purchase, promote or maintain any explicit safety. You may acquire an entire itemizing of holdings by viewing the Fund’s most up-to-date quarterly or annual report.

Kayne Anderson NextGen Power & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end administration funding firm registered beneath the Funding Firm Act of 1940, as amended, whose frequent inventory is traded on the NYSE. The Fund’s funding goal is to offer a excessive degree of whole return with an emphasis on making money distributions to its stockholders. The Fund seeks to attain its funding goal by investing a minimum of 80% of its whole property in securities of Power Firms and Infrastructure Firms. The Fund anticipates that almost all of its investments will encompass investments in ”NextGen” firms, which we outline as Power Firms and Infrastructure Firms which can be meaningfully collaborating in, or benefitting from, the Power Transition. See Glossary of Key Phrases within the Fund’s most up-to-date quarterly report for an outline of those funding classes and the which means of capitalized phrases.

This press launch shall not represent a suggestion to promote or a solicitation to purchase, nor shall there be any sale of any securities in any jurisdiction during which such supply or sale isn’t permitted. Nothing contained on this press launch is meant to advocate any funding coverage or funding technique or take into consideration the particular targets or circumstances of any investor. Please seek the advice of along with your funding, tax, or authorized adviser relating to your particular person circumstances previous to investing.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication incorporates statements reflecting assumptions, expectations, projections, intentions, or beliefs about future occasions. These and different statements not relating strictly to historic or present details represent forward-looking statements as outlined beneath the U.S. federal securities legal guidelines. Ahead-looking statements contain quite a lot of dangers and uncertainties. These dangers embody, however are usually not restricted to, modifications in financial and political circumstances; regulatory and authorized modifications; vitality business danger; leverage danger; valuation danger; rate of interest danger; tax danger; and different dangers mentioned intimately within the Fund’s filings with the SEC, accessible at www.kaynefunds.com or www.sec.gov. Precise occasions might differ materially from these statements or from our current expectations or projections. You shouldn’t place undue reliance on these forward-looking statements, which communicate solely as of the date they’re made. Kayne Anderson undertakes no obligation to publicly replace or revise any forward-looking statements made herein. There is no such thing as a assurance that the Fund’s funding targets might be attained.

Contact: Investor Relations at (877) 657-3863 or cef@kaynecapital.com