HOUSTON--(BUSINESS WIRE)-- Kayne Anderson Energy Total Return Fund, Inc. (the “Fund”) (NYSE: KYE) 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, 2012.
As of October 31, 2012, the Fund’s net assets were $934 million, and its net asset value per share was $26.37. As of October 31, 2012, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 461% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 327%.
Kayne Anderson Energy Total Return Fund, Inc.
|Statement of Assets and Liabilities|
|October 31, 2012|
|(in millions)||Per Share|
|Receivable for securities sold||0.5||0.01|
|Credit facility borrowings||19.0||0.54|
|Payable for securities purchased||4.3||0.12|
|The Fund had 35.42 million common shares outstanding as of October 31, 2012.|
As of October 31, 2012, equity and debt investments were 87% and 13%, respectively, of the Fund’s long-term investments of $1.3 billion. Long-term investments were comprised of MLP and MLP Affiliate (47%), U.S. and Canadian Income Trusts (12%), Marine Transportation (17%), Coal (2%), Midstream & Other (9%) and Debt (13%).
The Fund’s ten largest holdings by issuer at October 31, 2012 were:
| Units |
| Amounts |
|1.||Kinder Morgan Management, LLC (MLP Affiliate)||2,303||$||172.0||12.8||%|
|2.||Enbridge Energy Management, L.L.C. (MLP Affiliate)||4,119||129.2||9.6||%|
|3.||Plains All American Pipeline, L.P. (Midstream MLP)||2,178||98.8||7.4||%|
|4.||Capital Product Partners L.P. (Marine Transportation)*||7,199||61.9||4.6||%|
|5.||Teekay Offshore Partners L.P. (Marine Transportation)||2,040||54.2||4.0||%|
|6.||Golar LNG Partners LP (Marine Transportation)||1,751||53.0||4.0||%|
|7||The Williams Companies, Inc. (Midstream)||1,068||37.4||2.8||%|
|8.||Kinder Morgan, Inc. (Midstream)||984||34.2||2.6||%|
|9.||Navios Maritime Partners L.P. (Marine Transportation)||2,096||32.6||2.4||%|
|10.||Regency Energy Partners LP (Midstream MLP)||1,157||26.7||2.0||%|
|* Includes 3,333 Class B preferred units ($31.0 million) and 3,866 common units ($30.9 million).|