Kayne Anderson Energy Development is an externally managed, non-diversified closed-end management investment company. Co.'s investment objective is to generate both current income and capital appreciation primarily through equity and debt investments. Co. seeks to achieve this objective by investing at least 80% of its total assets in securities of companies that derive the majority of their revenue from activities in the energy industry. As of Nov. 30 2016, Co.'s total assets were $345,976,000 and the investment portfolio totaled $323,938,000. The KED average annual return 10 years is shown above.
The Average Annual Return on the KED average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether KED average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the KED average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|
Video: Don't Forget Dividends in Average Annual Return!
