Kayne Anderson MLP Investment Co. (KYN) : Edge Wealth Management added new position in Kayne Anderson MLP Investment Co. during the most recent quarter end. The investment management firm now holds 42,060 shares of Kayne Anderson MLP Investment Co. which is valued at $807,552 , the company said in a statement filed on Oct 13, 2016 with the SEC.Kayne Anderson MLP Investment Co. makes up approximately 0.34% of Edge Wealth Management’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in KYN by selling 8,206 shares or 36.5% in the most recent quarter. The Hedge Fund company now holds 14,277 shares of KYN which is valued at $274,118. Kayne Anderson MLP Investment Co. makes up approx 0.01% of Msi Financial Services Inc’s portfolio. Simplex Trading added KYN to its portfolio by purchasing 490 company shares during the most recent quarter which is valued at $9,467.
Kayne Anderson MLP Investment Company is a non-diversified closed-end fund. The Funds 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 Funds 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 Funds investment adviser.