KAYNE ANDERSON ENRGY TTL RT
SymbolKYE

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Kayne Anderson Energy Total Return Fund, Inc. Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratio at September 30, 2009

2009-10-01 18:08 ET - News Release


HOUSTON -- (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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