Distribution History

1) Distribution rate is calculated by annualizing the indicated monthly or quarterly distribution amount, excluding special distributions, divided by the closing market price as of the stated payment date.

2) Indicates the distribution reinvestment price and method pursuant to KYN’s Dividend Reinvestment Plan (“DRIP”), which may be satisfied by the following two methods:

• New Shares issued (“NS”) – The number of shares to be issued to a stockholder shall be based on share price equal to 95% of the closing price of the company’s common stock one day prior to the dividend payment date.

• Open Market purchases (“OM”) – If KYN’s common stock is trading below net asset value at the time of valuation, upon notice from the company, the plan administrator will receive the dividend or distribution in cash and will purchase shares in the open market for participants’ accounts.

3) Distributions paid by the company may be comprised of qualified dividend income and/or return of capital. Return of capital is considered nontaxable and reduces the stockholder’s cost basis of the investment. The company will issue a Form 1099-DIV after each fiscal year-end once the final tax character of distributions has been determined. A current estimate of the tax character of distributions can be found in the most recent distribution press release and/or within the Distributions section of this page. The final tax character may differ substantially from preliminary estimates.

4) On October 10, 2024, KYN announced a change to monthly distributions beginning in November 2024 and declared a monthly distribution of $0.08 per share payable in November 2024, December 2024 and January 2025. See press release dated October 10, 2024.

5) On March 16, 2020, in an effort to enhance our flexibility with respect to the timing and amount of leverage reductions, our Board of Directors elected to delay the payment of the distribution originally scheduled to be paid on March 31, 2020, until April 30, 2020. We also announced our plan to revert to making distributions to shareholders on a quarterly basis, with an expectation that the first such quarterly distribution would be declared and paid in June 2020. See the related press release dated March 16, 2020 and press release dated June 8, 2020.

6) KYN adopted a monthly distribution policy following the close of its merger with Kayne Anderson Energy Development Company (KED) on August 6, 2018. The distribution paid in September 2018 was the first monthly distribution under this new policy. See the press release dated September 10, 2018.

7) Represents an initial partial distribution.