Signature Financial Management Lowers stake in Kayne Anderson MLP Investment Co. (KYN)

Kayne Anderson MLP Investment Co. (KYN) : Signature Financial Management reduced its stake in Kayne Anderson MLP Investment Co. by 25.05% during the most recent quarter end. The investment management company now holds a total of 469,483 shares of Kayne Anderson MLP Investment Co. which is valued at $8,079,802 after selling 156,938 shares in Kayne Anderson MLP Investment Co. , the firm said in a disclosure report filed with the SEC on May 10, 2016.Kayne Anderson MLP Investment Co. makes up approximately 3.94% of Signature Financial Management’s portfolio.

Other Hedge Funds, Including , Manufacturers Life Insurance Company The boosted its stake in KYN in the latest quarter, The investment management firm added 54 additional shares and now holds a total of 1,286 shares of Kayne Anderson MLP Investment Co. which is valued at $22,132. Ballentine Partners added KYN to its portfolio by purchasing 19,899 company shares during the most recent quarter which is valued at $342,462. Kayne Anderson MLP Investment Co. makes up approx 0.03% of Ballentine Partners’s portfolio. Mariner Investment Group sold out all of its stake in KYN during the most recent quarter. The investment firm sold 130,000 shares of KYN which is valued $2,233,400. Ntv Asset Management sold out all of its stake in KYN during the most recent quarter. The investment firm sold 29,353 shares of KYN which is valued $504,285. Investment Centers Of America Inc added KYN to its portfolio by purchasing 13,354 company shares during the most recent quarter which is valued at $241,974. Kayne Anderson MLP Investment Co. makes up approx 0.03% of Investment Centers Of America Inc’s portfolio.

Many Wall Street Analysts have commented on Kayne Anderson MLP Investment Co.. Kayne Anderson MLP Investment Co. was Downgraded by Ladenburg Thalmann to ” Neutral” on Feb 16, 2016.

Kayne Anderson MLP Investment Company is a non-diversified closed-end fund. The Fund’s investment objective is to obtain a high after-tax total return by investing at least 85% of its total assets in energy-related master limited partnerships and their affiliates (MLPs) and in other companies that operate assets used in the gathering transporting processing storing refining distributing mining or marketing of natural gas natural gas liquids crude oil refined petroleum products or coal. The Fund’s investments are principally in equity securities issued by MLPs but it also may invest in debt securities of MLPs and equity/debt securities of other midstream energy companies. KA Fund Advisors LLC is the Fund’s investment adviser.

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