Kayne Anderson Energy Dev Co Common

Under normal market conditions, the Fund expects to invest at least 80% of its total assets in securities of Energy Companies. In addition to investment in the securities of private companies, the Funds investments may consist of cash, cash equivalents, U.S. government securities or high-quality debt maturing in one year or less from the time of investment. Because the Fund intends to qualify for the special tax treatment afforded RICs, they intend to invest no more than 25% of their total assets in (i) the securities of any single issuer or in the securities of any two or more issuers that they control and that are determined to be engaged in the same or similar trades or businesses or related trades or businesses, or (ii) equity or debt securities of MLPs. This limit on MLPs does not apply to securities issued by MLP affiliates that are not treated as qualified publicly traded partnerships, such as I-shares or general partner interests or other entities that may own interests in MLPs. The Fund may, but are not required to, use derivative investments and engage in short sales to hedge against interest rate, currency or market risks. The Fund may seek to enhance their total returns through the use of leverage, which may include the issuance of Leverage Instruments.

Key stats

Management firm  Kayne Anderson
Domicile  United States
Fund Administrator  Ultimus Fund Solutions LLC
Global Branding Name  Kayne Anderson
12 month yield  5.17%
Fund currency  USD
Launch Date  2006-09-21
ISIN  US48660Q1022
SEDOL  B1FJL27
Manager 1 Name  Kevin McCarthy
Manager 2 Name  John Frey
Fund Strategy  Energy Limited Partnership
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  6.84%
Return - 2 Months  11.33 %
Return - 3 Months  16.36%
Return - 6 Months  18.80 %
Return - 9 months  34.61 %
Return - 12 Months  42.64%
Annualized return 24 months  33.76 %
Annualized return 36 months  24.89 %
Annualized return 48 months  29.46 %
Annualized return 60 months  28.17 %
Return 120 months  0.00 %
Annualized return since Inception  13.30%
Return YTD  18.80%

Ratings

Morning Star Rating Date   2014-06-30
Morning Star Rating - 36 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - 60 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  2.01 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Kayne Anderson
Contact Address 2  811 Main Street, 14th Floor
Contact Address 3  Houston, TX 77002
Contact city  Houston
Contact country  United States
Fund Admin Group  Kayne Anderson
Web Address  www.kaynecapital.com
Custodian  Custodial Trust Co
Phone  (877) 657-3863

Price

Last Price Date  2014-07-17
Pre-tax nav  34.46
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $2.09
Price change (percentage)  6.46 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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