Kayne Anderson Fund Advisors

KYN - MLP Investment Company

KYN - Distribution History

Quarterly Distributions per Share

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Tax Character of Distributions

Our distributions are treated as a taxable dividend (qualified dividends) to our common stockholders to the extent of our current and accumulated earnings and profits. If the distribution exceeds our current or accumulated earnings and profits, the distribution will be treated as a return of capital to our common stockholders to the extent of each stockholder’s basis in our common stock, and then the amount of a distribution in excess of such stockholder’s basis would be taxed as capital gain. Common stockholders will receive a Form 1099 from us and will recognize dividend income only to the extent of our current and accumulated earnings and profits. Because the cash distributions received from the MLPs in our portfolio are expected to exceed the earnings and profits associated with owning such MLPs, a portion of our distributions may be paid from sources other than our current and accumulated earnings and profits.

The table below summarizes the tax character of our distributions since inception.

Sample Form 1099-DIV for each year can be found at Tax Information.

 Tax Character
AmountPayable
Date
Distribution
Rate1
Ex-DateRecord
Date
DRIP
Price
Return of
Capital
Qualified
Dividends
$0.550 07/15/16 11.31% 07/06/16 07/08/16 $18.45           TBD
TBD
$0.550 04/15/16 13.78% 04/04/16 04/06/16 $15.48           TBD
TBD
$0.550 01/15/16 17.31% 01/06/16 01/08/16 $12.51           TBD
TBD
$0.6575 10/09/15   9.85% 10/01/15 10/05/15 $24.55          18%
82%
$0.6575 07/10/15   8.70% 07/01/15 07/06/15 $27.70          18%
82%
$0.6575 04/10/15   7.52% 04/01/15 04/06/15 $32.80          18%
82%
$0.655 01/16/15   7.41% 01/05/15 01/07/15 $32.24          18%
82%
$0.650 10/10/14   6.87% 10/01/14 10/03/14 $36.35
 10%
90%
$0.640 07/11/14   6.56% 07/01/14 07/03/14 $36.39
 10%
90%
$0.625 04/11/14   6.85% 04/02/14 04/04/14 $34.28
 10%
90%
$0.610 01/10/14   6.50% 01/02/14 01/06/14 $35.36
 10%
90%
$0.595 10/11/13   6.78% 10/02/13 10/04/13 $32.82
 33%
67%
$0.580 07/12/13   6.45% 07/02/13 07/05/13 $34.30
 33%
67%
$0.565 04/12/13   6.38% 04/03/13 04/05/13 $33.52
 33%
67%
$0.550 01/11/13   6.85% 12/26/12 12/28/12 $30.13
 33%
67%
$0.5375 10/12/12   6.87% 10/03/12 10/05/12 $29.64
 26%
74%
$0.5275 07/13/12   6.75% 07/02/12 07/05/12 $29.32
 26%
74%
$0.5175 04/13/12   7.05% 04/03/12 04/05/12 $28.39
 26%
74%
$0.510 01/13/12   6.67% 01/03/12 01/05/12 $28.93
 26%
74%
$0.5025 10/14/11   7.33% 10/03/11 10/05/11 $25.61
 36%
64%
$0.4975 07/15/11   6.73% 07/06/11 07/08/11 $28.09
 36%
64%
$0.490 04/15/11   6.51% 04/01/11 04/05/11 $28.43
 36%
64%
$0.485 01/14/11   6.42% 01/03/11 01/05/11 $28.64
 36%
64%
$0.480 10/15/10   7.27% 10/01/10 10/05/10 $25.03
 56%
44%
$0.480 07/09/10   7.29% 07/02/10 07/07/10 $24.63
 56%
44%
$0.480 04/16/10   7.04% 04/01/10 04/06/10 $26.09
 56%
44%
$0.480 01/15/10   8.11% 01/04/10 01/06/10 $22.56
 56%
44%
$0.480 10/09/09   8.96% 10/01/09 10/05/09 $20.24
100%
-
$0.480 07/10/09   9.57% 07/01/09 07/06/09 $18.91
100%
-
$0.480 04/17/09 10.75% 04/01/09 04/03/09 $17.86
100%
-
$0.500 01/09/09 11.48% 01/02/09 01/06/09 $16.43
100%
-
$0.500 10/10/08 11.93% 10/01/08 10/03/08 $18.05
100%
-
$0.500 07/11/08   6.95% 07/02/08 07/07/08 $27.51
100%
-
$0.4975 04/11/08   6.92% 04/01/08 04/03/08 $27.54
100%
-
$0.495 01/11/08   6.48% 01/02/08 01/04/08 $29.14
100%
-
$0.490 10/12/07   6.16% 10/01/07 10/03/07 $30.46
  95%
5%
$0.490 07/12/07   5.58% 07/02/07 07/05/07 $34.97
  95%
5%
$0.480 04/13/07   5.25% 04/02/07 04/04/07 $34.32
  95%
5%
$0.470 01/12/07   6.10% 01/03/07 01/05/07 $28.54
  95%
5%
$0.450 10/13/06   6.42% 10/02/06 10/04/06 $26.91
100%
-
$0.440 07/13/06   6.78% 07/03/06 07/06/06 $26.06
100%
-
$0.430 04/13/06   6.83% 04/03/06 04/12/06 $25.50
100%
-
$0.425 01/12/06   6.86% 01/03/06 01/11/06 $25.14
100%
-
$0.420 10/14/05   6.45% 10/03/05 10/13/05 $25.06
  91%
9%
$0.415 07/15/05   5.99% 07/06/05 07/14/05 $26.32
  91%
9%
$0.410 04/15/05   6.43% 04/05/05 04/14/05 $24.45
  91%
9%
$0.250* 01/14/05   6.05% 01/05/05 01/13/05 $24.27
  91%
9%
               
1) Distribution Rate is based on the closing price of the Payable Date.

* Represents a partial payment for approximately 2 months. The full payment would have been $0.375.

 

 

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