KYN Fund Details
- Fund Inception Date: 09/28/2004
- Ticker Symbol: KYN
- CUSIP: 486606106
- Rank in category (YTD): 30%
- Category: US Equity-MLP
- Distribution: 6.02%
- Effective Leverage: 32.22%
- Capital Gains: -
- Base Expense Ratio: 2.61%
- Net Assets: $ 6.01 billion
- Annual Turnover Rate: 21%
Morningstar has ranked this MLP fund with 4 stars and bronze rating. In 2014, the year to date return is 8.42%. This Kayne Anderson MLP common has returned 22.58% over the past 1 year, 21.90% over the past 3 years, and 24.05% over the past 5 year.
Kayne Anderson MLP Fund Performance
- Year 2014: 8.42% (YTD)
- Year 2013: 42.50%
- Year 2012: 6.53%
- Year 2011: 4.01%
More: Top 25 Highest Yield Closed End Funds
How Can You Invest?Closed end funds (CEFs) are traded like stocks or ETFs (Exchange Traded Funds). You can buy from your stock brokers including TD Ameritrade, Fidelity, ETrade, Interactive Brokers, etc. Invest with as little as 1 share is possible.
- This stock fund has great performance for the past 5 years.
- High yield can provide income for investors.
- Kayne Anderson MLP has high expense fee.
- It is a leveraged fund.