SoFi CEO enters prepaid forward contract on 1.5 million shares
Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) President Baker James C. recently acquired 25,000 shares of common stock. The transaction, which occurred on June 27, 2025, involved the purchase of shares at a price of $12.5938, totaling $314,845. The purchase comes as KYN maintains a robust 7.68% dividend yield and holds an impressive "GREAT" financial health score according to InvestingPro data.
Following this transaction, Baker directly owns 786,040 shares of Kayne Anderson Energy Infrastructure Fund, Inc. The fund, currently trading at an attractive P/E ratio of 2.56, has demonstrated strong performance with a 30% total return over the past year. InvestingPro subscribers can access 5 additional key insights about KYN’s financial outlook.
In other recent news, Kayne Anderson Energy Infrastructure Fund announced the resignation of Caroline A. Winn from its board of directors. The company disclosed this development through a press release, indicating that Winn’s departure is effective immediately. Winn served as an independent director and was a member of the board’s audit committee. Her term was originally set to expire at the annual meeting of stockholders in 2028, pending reelection. The company clarified that her resignation was not due to any disagreements with Kayne Anderson Energy Infrastructure Fund concerning its operations, policies, or practices. The resignation follows Winn’s recent promotion to executive vice president at Sempra, where she will oversee Southern California Gas Company and San Diego Gas & Electric Company. With her departure, the board now consists of seven directors, six of whom are independent. This update was part of the company’s recent filing with the Securities and Exchange Commission.
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