Kayne Anderson MLP Investment Co. (KYN) : Signature Financial Management scooped up 14,508 additional shares in Kayne Anderson MLP Investment Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 483,991 shares of Kayne Anderson MLP Investment Co. which is valued at $9,253,908.Kayne Anderson MLP Investment Co. makes up approximately 4.30% of Signature Financial Management’s portfolio.
Other Hedge Funds, Including , Welch Forbes boosted its stake in KYN in the latest quarter, The investment management firm added 13,621 additional shares and now holds a total of 1,258,848 shares of Kayne Anderson MLP Investment Co. which is valued at $24,069,174. Kayne Anderson MLP Investment Co. makes up approx 0.71% of Welch Forbes’s portfolio. Chemung Canal Trust Co sold out all of its stake in KYN during the most recent quarter. The investment firm sold 15,850 shares of KYN which is valued $302,418.Creative Planning reduced its stake in KYN by selling 2,265 shares or 29.4% in the most recent quarter. The Hedge Fund company now holds 5,440 shares of KYN which is valued at $104,774.
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.