(Source: Business Wire)
Kayne Anderson Energy Total Return Fund, Inc. (the "Fund") (NYSE: KYE)
today provided a summary unaudited balance sheet and announced its net
asset value and asset coverage ratio under the Investment Company Act of
1940 (the "1940 Act") as of September 30, 2009.
As of September 30, 2009, the Fund's net assets were $633 million and
its net asset value per share was $18.85. As of September 30, 2009, the
Fund's asset coverage ratio under the 1940 Act with respect to senior
securities representing indebtedness was 428%.
Kayne Anderson Energy Total Return Fund, Inc.
Balance Sheet
September 30, 2009
(Unaudited)
(in millions)
Investments $ 807.6
Repurchase agreements and cash 9.0
Deposits 16.2
Accrued income 5.7
Receivable for securities sold 2.6
Other assets 1.3
Total assets 842.4
Short-term borrowings 28.0
Senior notes 165.0
Total leverage 193.0
Payable for securities purchased 12.8
Other liabilities 3.3
Total liabilities 16.1
Net assets $ 633.3
33.6 million common shares currently outstanding
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As of September 30, 2009, equity and fixed income investments were 77%
and 23%, respectively, of the Fund's long-term investments of $808
million. Long-term investments were comprised of MLPs and MLP Affiliates
(50%), U.S.
