KAYNE ANDERSON CAPITAL ADVISORS LP 4
Research Summary
AI-generated summary
KYN Manager Kayne Anderson Capital Advisors Distributes 808,748 Shares
What Happened
Kayne Anderson Capital Advisors, L.P. (the manager of the adviser to Kayne Anderson Energy Infrastructure Fund, Inc. — ticker: KYN) reported an in‑kind disposition of 808,748 KYN shares on April 7, 2026. The transaction is reported as a disposition (transaction code J) at a reported price of $14.21 per share, total value about $11,495,463. This was an in‑kind distribution to limited partners of the adviser, not an open‑market sale.
Key Details
- Transaction date: 2026-04-07; filed with the SEC on 2026-04-08 (timely filing).
- Reported price/value: $14.21 per share (footnote states $14.2139 VWAP based on the last 10 trading days of March); total ≈ $11,495,463.
- Shares disposed: 808,748 (coded as "Other acquisition or disposition" — J).
- Shares owned after transaction: not specified in the Form 4 provided.
- Notable footnotes: F1—transaction was an in‑kind distribution to KACALP limited partners; F2—some shares are held by KA Associates, LLC, a FINRA‑registered broker‑dealer affiliate under common control.
Context
This was an institutional/manager in‑kind distribution rather than a market sale by an executive. Such distributions reflect internal allocations to partners and do not, by themselves, indicate the manager’s view of KYN’s future performance.