Kayne Anderson MLP Investment 3.50% Mandatory Redeemable Preferred Stock (Monthly)

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IPO  03/28/2013  ($25/Sh)  4,400,000 Sh   600,000 Over Allotment Sh

S&P Rating  NR   Moodys Rating  NR

Security Ticker Symbol   KYN-F


Market Traded ON   NYSE

Dividend Payment Paid on the 1st business day of Each Month beginning on 5/01/2013

Monthly Dividend   .073   Annual Dividend   .875

Shares are Redeemable as follows—

If redeemed after 4/14/2014 but on or before 04/14/2015 redemption price is 101% of $25 plus acrrued dividends

If redeemed after 4/14/2015 but on or before 04/14/2016 redemption price is 100.5% of $25 plus acrrued dividends

If redeemed after 04/14/2016 redemption is at 100% of $25 plus acrrued dividends


Dividend Payment Will Likely be Qualified Distributions


Required Redemption  4/15/2020
Company Investor Relations Page for Kayne Anderson

Below you can find the offering Prospectus and Final Pricing Document


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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