Kayne Anderson Energy Infrastructure Fund (KYN) reported net assets of $2.8 billion and a net asset value per share of $16.28 as of March 31, 2026. The fund maintains strong asset coverage ratios of 712% for debt and 538% for total leverage. The portfolio is heavily concentrated in midstream energy companies, with top holdings including Enterprise Products Partners, Energy Transfer LP, and Williams Companies.
Enterprise Products Partners L.P. (EPD)
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products, and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the continental US. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
Company Info
Highlights
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Enterprise Products Partners L.P., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Enterprise Products Partners L.P. (EPD) has returned 17.04% so far this year and 31.92% over the past 12 months. Looking at the last ten years, EPD has achieved an annualized return of 4.49%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
EPD
Benchmark (SPY)
Monthly Returns
The table below presents the monthly returns of Enterprise Products Partners L.P. (EPD) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.40% | 10.25% | 3.71% | 0.72% | ||||||||
| 2025 | 3.49% | 5.76% | 2.00% | -12.45% | 2.90% | -0.06% | -0.39% | 4.28% | -2.59% | -1.57% | 6.47% | -1.57% |
| 2024 | 1.33% | 2.31% | 6.03% | -3.82% | 1.39% | 1.68% | -0.45% | 1.24% | -1.17% | 19.55% | -9.10% | |
| 2023 | 6.31% | -0.27% | 1.29% | 0.27% | -3.43% | 3.94% | 0.57% | 1.37% | 2.43% | -4.79% | 3.00% | -1.50% |
| 2022 | 7.02% | 4.94% | 5.35% | 0.04% | 6.73% | -11.61% | 9.73% | -0.72% | -9.62% | 3.61% | -1.70% | -2.78% |
| 2021 | 1.10% | 5.23% | 1.24% | 3.42% | 2.21% | 0.71% | -7.54% | -1.50% | -2.92% | 4.90% | -5.69% | 1.53% |
| 2020 | -8.62% | -9.71% | -39.66% | 28.27% | 10.98% | -5.02% | -3.14% | 0.23% | -9.82% | 5.14% | 16.59% | -0.36% |
| 2019 | 12.80% | -0.65% | 4.90% | -2.12% | -4.16% | 3.22% | 3.51% | -5.06% | 0.63% | -9.11% | 0.84% | 6.99% |
| 2018 | 3.83% | -8.30% | -3.62% | 9.51% | 8.24% | -4.45% | 5.45% | -2.22% | 0.45% | -7.10% | -2.42% | -7.83% |
| 2017 | 3.39% | -1.51% | -2.27% | -1.51% | -2.12% | 0.67% | -0.22% | -4.58% | -0.11% | -6.06% | -0.08% | 7.55% |
| 2016 | 11.21% | 4.52% | 6.40% | -2.90% | -6.48% | 5.22% | -8.91% | 2.29% | 2.74% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Enterprise Products Partners L.P. (EPD) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of EPD compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Enterprise Products Partners L.P. volatility is 1.20%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 77.90B | 77.17B | 70.98B | 68.11B | 67.53B | 64.11B | 61.73B | 56.97B | 54.42B | 52.19B | 48.95B | 47.10B | 40.14B | 35.93B | 34.13B |
| Temporary Equity (USD) | 44.00M | 50.00M | 49.00M | 49.00M | 49.30M | 49.30M | - | - | - | - | - | - | - | - | - |
| Equity Attributable To Parent (USD) | 29.74B | 28.73B | 27.67B | 26.62B | 25.33B | 24.30B | 24.76B | 23.85B | 22.55B | 22.05B | 20.30B | 18.06B | 15.21B | 13.19B | 12.11B |
| Equity Attributable To Noncontrolling Interest (USD) | 831.00M | 857.00M | 1.09B | 1.08B | 1.11B | 1.07B | 1.06B | 438.70M | 225.20M | 219.00M | 206.00M | 1.63B | 225.60M | 108.30M | 105.90M |
| Equity (USD) | 30.57B | 29.59B | 28.76B | 27.70B | 26.44B | 25.38B | 25.83B | 24.29B | 22.77B | 22.27B | 20.50B | 19.69B | 15.44B | 13.30B | 12.22B |
| Redeemable Noncontrolling Interest, Preferred (USD) | 44.00M | 50.00M | 49.00M | 49.00M | 49.30M | 49.30M | - | - | - | - | - | - | - | - | - |
| Redeemable Noncontrolling Interest (USD) | 44.00M | 50.00M | 49.00M | 49.00M | 49.30M | 49.30M | - | - | - | - | - | - | - | - | - |
| Noncurrent Liabilities (USD) | 34.50B | 32.40B | 29.09B | 28.14B | 29.46B | 29.74B | 26.78B | 25.51B | 22.35B | 21.68B | 21.28B | 19.53B | 16.46B | 14.88B | 14.47B |
| Other Current Liabilities (USD) | - | - | - | 11.52B | 10.99B | 8.28B | 8.13B | 6.06B | 8.49B | 7.85B | 6.31B | 7.10B | 7.52B | 6.99B | 6.66B |
| Accounts Payable (USD) | - | - | - | 743.00M | 632.00M | 704.60M | 1.00B | 1.10B | 801.70M | 397.70M | 860.10M | 773.80M | 723.70M | 764.50M | 773.00M |
| Current Liabilities (USD) | 12.83B | 15.18B | 13.13B | 12.27B | 11.62B | 8.99B | 9.13B | 7.17B | 9.30B | 8.25B | 7.17B | 7.87B | 8.24B | 7.76B | 7.43B |
| Liabilities (USD) | 47.33B | 47.58B | 42.22B | 40.41B | 41.09B | 38.73B | 35.91B | 32.68B | 31.65B | 29.93B | 28.45B | 27.41B | 24.70B | 22.64B | 21.91B |
| Other Non-current Assets (USD) | 9.02B | 8.97B | 9.16B | 9.14B | 9.02B | 8.98B | 8.82B | 8.56B | 8.60B | 8.51B | 8.57B | 7.43B | 4.71B | 3.68B | 4.21B |
| Intangible Assets (USD) | 4.16B | 4.01B | 3.77B | 3.97B | 3.15B | 3.31B | 3.45B | 3.61B | 3.69B | 3.86B | 4.04B | 4.30B | 1.46B | 1.57B | 1.66B |
| Fixed Assets (USD) | 51.36B | 49.06B | 45.80B | 44.40B | 42.09B | 41.91B | 41.60B | 38.74B | 35.62B | 33.29B | 32.03B | 29.88B | 26.95B | 24.85B | 22.19B |
| Noncurrent Assets (USD) | 64.54B | 62.04B | 58.73B | 57.51B | 54.26B | 54.20B | 53.87B | 50.91B | 47.91B | 45.67B | 44.64B | 41.61B | 33.12B | 30.09B | 28.06B |
| Other Current Assets (USD) | 9.48B | 11.18B | 8.90B | 8.04B | 10.59B | 6.61B | 5.77B | 4.54B | 4.90B | 4.76B | 3.27B | 4.48B | 5.93B | 4.75B | 4.96B |
| Inventory (USD) | 3.88B | 3.96B | 3.35B | 2.55B | 2.68B | 3.30B | 2.09B | 1.52B | 1.61B | 1.77B | 1.04B | 1.01B | 1.09B | 1.09B | 1.11B |
| Current Assets (USD) | 13.36B | 15.13B | 12.25B | 10.60B | 13.27B | 9.91B | 7.86B | 6.06B | 6.51B | 6.53B | 4.31B | 5.49B | 7.02B | 5.84B | 6.07B |
| Assets (USD) | 77.90B | 77.17B | 70.98B | 68.11B | 67.53B | 64.11B | 61.73B | 56.97B | 54.42B | 52.19B | 48.95B | 47.10B | 40.14B | 35.93B | 34.13B |
News and Insights

Energy stocks are surging due to Iran's disruption of the Strait of Hormuz, making energy security a priority again. ExxonMobil, Chevron, and Enterprise Products Partners are well-positioned for long-term success with strong cash flows, dividend histories, and resilience. The article suggests buying these stocks soon as institutional money rotates into energy, potentially closing the window for attractive valuations.

The article recommends three pipeline stocks for long-term investors seeking high yields: Enterprise Products Partners (EPD) with a 5.5% yield and 28 years of consecutive distribution increases, Energy Transfer (ET) with a 6.7% yield, and Enbridge (ENB) with a 5.2% yield and 31 years of consecutive dividend increases. These midstream companies operate a 'toll road' model that generates substantial cash flow insulated from commodity price volatility, with all three stocks trading at attractive valuations relative to their earnings.

The article recommends three dividend stocks for long-term investors seeking stable income and growth: Enterprise Products Partners (EPD), a midstream energy company with 27 years of consecutive distribution increases and a 5.6% yield; Evergy (EVRG), a utility stock benefiting from AI data center expansion in Kansas and Missouri with an 8%+ annual EPS growth forecast and 3.4% dividend yield; and United Parcel Service (UPS), a logistics leader with a 6.8% dividend yield positioned for profitability improvements as it restructures its business and reduces Amazon dependence.

The author highlights three dividend stocks he would double his positions in: Brookfield Infrastructure, Enterprise Products Partners, and Realty Income. All three offer high-yielding, well-supported dividends with strong growth prospects, durable cash flows backed by long-term contracts, conservative payout ratios, and solid balance sheets.

Amid rising tensions in Iran and disruptions in the Strait of Hormuz driving oil prices above $100, three energy stocks are highlighted as smart buys for investors with $100: ExxonMobil for its low-cost advantaged assets in Guyana and the Permian Basin, SLB for its essential oil and gas exploration technology, and Enterprise Products Partners for its stable fee-based pipeline business less vulnerable to price fluctuations.

The article recommends three high-yield dividend stocks for generating reliable lifetime income: Realty Income (5.1% yield) with over 30 years of dividend increases and diversified real estate holdings; Enterprise Products Partners (5.8% yield) operating a toll-taker business in energy infrastructure with 27 consecutive years of distribution increases; and Verizon (5.7% yield) with sticky telecom customers and 19 years of dividend growth, though facing some uncertainty under new leadership.

The article highlights three energy sector dividend stocks recommended for reliable income in 2026: Brookfield Renewable (with 5%+ annual dividend increases since 2011), ExxonMobil (43 consecutive years of dividend growth), and Enterprise Products Partners (27 years of distribution increases). Despite energy sector volatility, these companies offer stable cash flows and strong dividend yields ranging from 2.5% to 5.9%.

The article analyzes three oil price scenarios for 2026 amid Middle East geopolitical tensions. If oil stays around $100/barrel, upstream producers like Devon Energy benefit most. If prices rise to $200/barrel, producers gain further while refiners and chemical companies suffer from higher input costs. If tensions de-escalate and prices fall, refiners and chemical companies benefit from lower costs, while producers are negatively impacted. Midstream businesses like Enterprise Products Partners remain relatively insulated from price volatility.

Amid geopolitical tensions in the Middle East causing oil price volatility near $100 per barrel, investors are advised to take a long-term view of energy sector investments. The article recommends focusing on financially strong, diversified companies like ExxonMobil and infrastructure-focused firms like Enterprise Products Partners that can weather commodity price cycles through their established business models and consistent dividend histories.