Fitch: Kayne Anderson Notes PIF

NEW YORK--(BUSINESS WIRE)-- The following outstanding notes issued by Kayne Anderson funds have been fully redeemed and are paid in full, according to Fitch Ratings:

Kayne Anderson MLP Investment Company (KYN)

--$60,000,000 of Series M Notes to 'PIF' from 'AAA';

--$14,000,000 of Series X Notes to 'PIF' from 'AAA'.

Kayne Anderson Energy Total Return Fund (KYE)

--$27,000,000 of Series E Notes to 'PIF' from 'AAA';

--$58,000,000 of Series D Notes to 'PIF' from 'AAA'.

In addition, Fitch expects that on May 7, 2015, the $65,000,000 of Series O Notes of KYN (currently rated 'AAA' by Fitch) will be fully redeemed and will be marked paid in full at that time.

Additional information is available at 'www.fitchratings.com'.

The sources of information used to assess this rating were the public domain and Kayne Anderson.

Opt-in to receive Fitch's forthcoming research on closed-end funds: http://pages.fitchemail.fitchratings.com/FAMCEFBlankOptin/

Applicable Criteria and Related Research:

--'Rating Closed-End Fund Debt and Preferred Stock' (Sept. 4, 2014);

--'Global Rating Criteria for Asset-Backed Commercial Paper' (Oct. 30, 2014)';

--'Leveraged Closed-End Funds Weather U.S. Rate Shock Scenarios' (Oct. 7, 2014);

--'Municipal Closed-End Funds More Exposed to Rising Interest Rates than Corporate CEFs' (Oct. 7, 2014)'.

Applicable Criteria and Related Research:

Global Rating Criteria for Asset-Backed Commercial Paper

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=797648

Rating Closed-End Fund Debt and Preferred Stock

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=765528

Additional Disclosure

Solicitation Status

http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=984180

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Fitch Ratings
Primary Analyst
Ian Rasmussen
Senior Director
+1 212-908-0232
Fitch Ratings, Inc.
33 Whitehall Street
New York, NY 10004
or
Secondary Analyst
Ralph Aurora
Senior Director
+1 212-908-0528
or
Media Relations:
Alyssa Castelli, +1 212-908-0540
[email protected]
Elizabeth Fogerty, +1 212-908-0526
[email protected]

Source: Fitch Ratings

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