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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
4.00% -21.05% 349.73M 253072.2
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
2.98% 30.00% -- Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide a high level of total return with emphasis on making quarterly cash distributions. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of companies in the Midstream/Energy sector, consisting of (a) Midstream MLPs, (b) Midstream Companies, (c) Other MLPs and (d) Other Energy Companies. The Fund may utilize leverage to the extent permitted by the 1940 Act and also expects to write call options on securities held, with the purpose of generating realized gains. The Fund may will invest in equity securities such as common units, preferred units, subordinated units, general partnership interests, common stocks, preferred stocks and convertible securities.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Energy Limited Partnership
Category Index Morningstar MLP Composite TR USD
Prospectus Objective Specialty - Natural Resources
Fund Owner Firm Name Kayne Anderson
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
John Frey 10.02 yrs
Kevin McCarthy 10.02 yrs
James Baker 2.89 yrs
Jody Meraz 2.87 yrs
Ron Logan 2.87 yrs

Net Fund Flows Versus Category

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: --
-989.28M Category Low
204.61M Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
Date Unavailable

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
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--
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% Rank in Cat (NAV)
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As of December 03, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
26.35%
4.48%
-57.54%
41.85%
-5.64%
-23.98%
18.25%
-38.67%
26.68%
4.94%
-0.87%
7.51%
22.40%
-8.71%
27.67%
12.86%
12.49%
-26.01%
-92.70%
30.51%
-10.21%
-27.00%
23.53%
-85.15%
18.50%
8.37%
-32.63%
20.80%
0.73%
-22.86%
2.36%
-79.50%
25.15%
7.45%
-40.75%
13.17%
7.85%
-24.79%
19.97%
-65.24%
18.46%
7.93%
-41.84%
15.66%
0.01%
-25.77%
19.62%
-62.64%
As of December 03, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (12-4-20) 2.98%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 19.70
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 6.35%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price --
As of August 31, 2020

Fund Details

Key Dates
Inception Date 11/24/2010
Last Annual Report Date 11/30/2019
Last Prospectus Date 12/31/2013
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Asset Allocation

As of August 31, 2020.
Type % Net % Long % Short
Cash 6.75% Upgrade Upgrade
Stock 123.7% Upgrade Upgrade
Bond 10.42% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other -40.90% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Williams Companies Inc 9.48% 22.49 4.31%
JPMorgan 100% US Tr Sec MM Capital 5.98% 1.00 0.00%
Targa Resources Corp 5.91% 26.52 6.51%
Atlantica Sustainable Infrastructure PLC 5.29% 35.14 1.27%
Brookfield Renewable Partners LP 5.28% 75.49 -2.08%
NextEra Energy Partners LP 5.25% 62.72 -0.44%
Pembina Pipeline Corp 4.56% 34.00 2.41%
Innergex Renewable Energy Inc 4.39% 25.73 -1.08%
Kinder Morgan Inc Class P 4.36% 14.93 3.04%
TC Energy Corp 4.09% 58.86 1.29%

Basic Info

Investment Strategy
The Fund seeks to provide a high level of total return with emphasis on making quarterly cash distributions. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of companies in the Midstream/Energy sector, consisting of (a) Midstream MLPs, (b) Midstream Companies, (c) Other MLPs and (d) Other Energy Companies. The Fund may utilize leverage to the extent permitted by the 1940 Act and also expects to write call options on securities held, with the purpose of generating realized gains. The Fund may will invest in equity securities such as common units, preferred units, subordinated units, general partnership interests, common stocks, preferred stocks and convertible securities.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Energy Limited Partnership
Category Index Morningstar MLP Composite TR USD
Prospectus Objective Specialty - Natural Resources
Fund Owner Firm Name Kayne Anderson
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
John Frey 10.02 yrs
Kevin McCarthy 10.02 yrs
James Baker 2.89 yrs
Jody Meraz 2.87 yrs
Ron Logan 2.87 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (12-4-20) 2.98%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 19.70
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 6.35%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price --
As of August 31, 2020

Fund Details

Key Dates
Inception Date 11/24/2010
Last Annual Report Date 11/30/2019
Last Prospectus Date 12/31/2013
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No