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Kayne Anderson Mlp Investment Company

KYN symbol, also known as Kayne Anderson MLP/Midstream Investment Fund, is a closed-end fund that primarily invests in energy infrastructure companies, such as master limited partnerships (MLPs) and midstream companies. The fund aims to provide a high level of income and long-term capital appreciation by investing in a diversified portfolio of energy infrastructure companies.

Here are some key statistics and ratios of KYN:

* Market Capitalization: $860.3 million

* Average Volume: 57,686 shares

* Price/Earnings Ratio (P/E Ratio): 15.32

* Dividend Yield: 10.18%

* EPS (TTM): $2.38

* Earnings Per Share (EPS) Growth Rate: 20.60%

* Revenue Growth Rate (TTM): 36.00%

KYN's major holdings include Enterprise Products Partners, Magellan Midstream Partners, Plains All American Pipeline, Energy Transfer LP, and Williams Companies. The fund's holdings are adjusted regularly based on market conditions and investment opportunities.

KYN has a track record of paying consistent dividends and has declared monthly distributions since its inception in 2014. The fund offers a high yield, which has attracted income-oriented investors. However, it is essential to remember that the dividend payout may fluctuate depending on the fund's performance.

KYN has reported a total return of 39.74% over the past year, outperforming the S&P 500's 27.48% return during the same period. The fund has gained 14.4% over the past three months, while the S&P 500 has gained 8.6% over the same period.

KYN's net asset value (NAV) per share increased 20.9% to $16.16 from $13.37 at the beginning of 2022. The fund's market price surged 22.5% to $14.94 from $12.20 over the same period.

In conclusion, KYN offers a strong dividend yield and long-term capital increase potential. However, as with any investment, it's crucial to weigh the risks and benefits and thoroughly research the fund's performance and prospects before investing in it.