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 stock yearly return is shown above.
The yearly return on the KED stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the KED annual return calculation with any dividends reinvested as applicable (on ex-dates).
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