Maryland
|
814-00725
|
20-4991752
|
(State
or other jurisdiction of
incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification
Number)
|
717
Texas Avenue - Suite 3100,
Houston,
TX
|
77002
|
|
(Address
of principal executive offices)
|
|
(Zip
Code)
|
Portfolio
Category
|
Amount
Invested
($
in millions)
|
Average
Yield(1)
|
||||||
Public
MLPs and MLP Affiliates
|
$ |
74.6
|
5.3 | % | ||||
Private
MLPs
|
$ |
129.4
|
8.6 | % | ||||
Fixed
Income
|
$ |
63.0
|
12.3 | % | ||||
Repurchase
Agreements
|
$ |
9.4
|
5.1 | % | ||||
(1)
Average yields
include return of capital distributions. Return of capital
distributions are reported as a reduction to gross dividends and
distributions when arriving at net investment income reported under
generally accepted accounting principles.
|
|
§
|
The
Company’s future operating results;
|
|
§
|
The
Company’s business prospects and the prospects of the Company’s portfolio
companies and their ability to achieve their
objectives;
|
|
§
|
The
Company’s ability to make investments consistent with the Company’s
investment objective;
|
|
§
|
The
impact of investments that the Company expects to
make;
|
|
§
|
The
Company’s contractual arrangements and relationships with third
parties;
|
|
§
|
The
dependence of the Company’s future success on the general economy and its
impact on the energy industry;
|
|
§
|
The
Company’s expected debt and equity financings and
investments;
|
|
§
|
The
adequacy of the Company’s cash resources and working capital;
and
|
|
§
|
The
timing of cash flows, if any, from the operations of the Company’s
portfolio companies.
|
Date:
July 17, 2007
|
KAYNE
ANDERSON ENERGY DEVELOPMENT COMPANY
|
|
By:
|
/s/
David Shladovsky
|
|
David
Shladovsky
|
||
Secretary
and Chief Compliance Officer
|