Kayne Anderson NextGen Power & Infrastructure Offers Unaudited Steadiness Sheet Info and Proclaims its Internet Asset Worth and Asset Protection Ratios at December 31, 2022

HOUSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Power & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) immediately supplied a abstract unaudited assertion of belongings and liabilities and introduced its internet asset worth and asset protection ratios beneath the Funding Firm Act of 1940 (the “1940 Act”) as of December 31, 2022.

As of December 31, 2022, the Fund’s internet belongings have been $432.3 million and its internet asset worth per share was $9.16. As of December 31, 2022, the Fund’s asset protection ratio beneath the 1940 Act with respect to senior securities representing indebtedness was 650% and the Fund’s asset protection ratio beneath the 1940 Act with respect to whole leverage (debt and most popular inventory) was 439%.

The Fund had 47,197,462 frequent shares excellent as of December 31, 2022.

As of December 31, 2022, 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%).

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The Fund’s ten largest holdings by issuer at December 31, 2022 have been:   

Portfolio holdings are topic to vary with out discover. The point out of particular securities is just not a advice or solicitation for any individual to purchase, promote or maintain any explicit safety. You’ll be able to 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 supply a excessive degree of whole return with an emphasis on making money distributions to its stockholders. The Fund seeks to realize its funding goal by investing not less than 80% of its whole belongings in securities of Power Corporations and Infrastructure Corporations. The Fund anticipates that almost all of its investments will encompass investments in ”NextGen” firms, which we outline as Power Corporations and Infrastructure Corporations which might 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 that 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 by which such provide or sale is just not permitted. Nothing contained on this press launch is meant to suggest any funding coverage or funding technique or consider the particular aims or circumstances of any investor. Please seek the advice of along with your funding, tax, or authorized adviser concerning your particular person circumstances previous to investing.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This communication comprises statements reflecting assumptions, expectations, projections, intentions, or beliefs about future occasions. These and different statements not relating strictly to historic or present info represent forward-looking statements as outlined beneath the U.S. federal securities legal guidelines. Ahead-looking statements contain a wide range of dangers and uncertainties. These dangers embody, however are usually not restricted to, adjustments in financial and political circumstances; regulatory and authorized adjustments; power business threat; leverage threat; valuation threat; rate of interest threat; tax threat; and different dangers mentioned intimately within the Fund’s filings with the SEC, obtainable at www.kaynefunds.com or www.sec.gov. Precise occasions may differ materially from these statements or from our current expectations or projections. You shouldn’t place undue reliance on these forward-looking statements, which converse 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 isn’t a assurance that the Fund’s funding aims can be attained.

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