HOUSTON, December 14, 2022 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) KMF today announced a quarterly distribution of $0.16 per share for the fiscal quarter ended November 30, 2022. This distribution is payable to Common Shareholders on January 11, 2023 (as set out in the table below).

_{(1) Estimation of return on investment is based on the fund’s expected income and profits. The final determination of the tax characterof distributions only determinable after the end of the financial year and may deviate significantly from this preliminary information.}

Kayne Anderson NextGen Energy & Infrastructure, Inc. KMF is a closed-end, undiversified investment company incorporated under the Investment Company Act of 1940, as amended, and whose common stock is traded on the NYSE. The Fund’s investment objective is to achieve high total return with an emphasis on cash distributions to its shareholders. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of energy and infrastructure companies. The Fund anticipates that the majority of its investments will be made up of investments in “NextGen” companies, which we define as energy and infrastructure companies that are contributing significantly to or benefiting from the energy transition. For a description of these asset classes and the meaning of the capitalized terms, see the Glossary of Key Terms in the Fund’s most recent quarterly report.

The Fund pays cash distributions to common shareholders at a rate that may be adjusted from time to time. Distribution amounts are not guaranteed and may vary depending on a number of factors including changes in portfolio holdings and market conditions.

This press release does not constitute an offer for sale or a…