KA Fund Advisors
KA Fund Advisors, a subsidiary of Kayne Anderson Capital Advisors, manages two NYSE-listed energy infrastructure investment products — KYN closed-end fund and KNRG ETF — for retail and institutional investors seeking monthly distributions and exposure to North American midstream, LNG, and power infrastructure.
- Company typePrivate
- Founded2006
- HeadquartersHouston, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What KA Fund Advisors does
The firm's go-to-market is exchange-based: KYN shares trade on the NYSE as a closed-end fund, and KNRG shares trade on the NYSE as an actively managed ETF, meaning investors access the funds through standard brokerage accounts, financial advisors, and wealth platforms rather than through direct sales relationships. Revenue is generated through recurring management fees calculated as a percentage of assets under management across both vehicles. KA Fund Advisors maintains offices in Los Angeles (registered office and headquarters for closed-end fund operations) and Houston (energy infrastructure investment operations), with Investor Relations, CCO, and transfer-agent contacts supporting shareholder servicing. An independent board of directors oversees the funds, comprising former senior executives of Marathon Petroleum, Magellan Midstream, Select Energy Services, and other energy infrastructure companies, lending governance credibility to the platform.
KA Fund Advisors firmographics
Firmographics- Name
- KA Fund Advisors
- Legal name
- KA Fund Advisors, LLC
- Website
- https://kaynefunds.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- KA Fund Advisors, a subsidiary of Kayne Anderson Capital Advisors, manages two NYSE-listed energy infrastructure investment products — KYN closed-end fund and KNRG ETF — for retail and institutional investors seeking monthly distributions and exposure to North American midstream, LNG, and power infrastructure.
- Ownership category
- akta.pro rank
KA Fund Advisors industry classification
Industry- Product category
- Energy Infrastructure Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Fixed Income ETFs & Index/Portfolio Trading (FSACAEAK)
- akta.pro secondary industry
- Fixed Income Mutual Funds (FSAAAEAB)
Keywords
Where KA Fund Advisors is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
KA Fund Advisors business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Closed-End Fund Management: The firm earns management fees from managing the Kayne Anderson Energy Infrastructure Fund (KYN), a closed-end fund investing in North American energy infrastructure securities. Fees are calculated as a percentage of assets under management.
- ETF Management: The firm earns management fees from the Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG), an actively managed ETF providing exposure to credit instruments issued by energy and infrastructure companies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | KYN closed-end fund shares traded on NYSE |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
KA Fund Advisors product offering
Product offeringCore offering
KA Fund Advisors is an investment management firm that manages publicly traded investment vehicles focused on North American energy infrastructure. Its core offerings are KYN, a closed-end fund listed on the NYSE that invests at least 80% of its assets in securities of energy infrastructure companies with an emphasis on monthly cash distributions, and KNRG, an actively managed ETF providing exposure to credit instruments issued by energy and infrastructure issuers. Revenue is generated through management fees calculated as a percentage of assets under management.
Product overview
KA Fund Advisors operates two publicly traded investment products: KYN (Kayne Anderson Energy Infrastructure Fund), a closed-end fund, and KNRG (Simplify Kayne Anderson Energy and Infrastructure Credit ETF), an actively managed ETF. KYN focuses on equity investments in energy infrastructure companies with an emphasis on cash distributions, while KNRG focuses on credit instruments within the energy and infrastructure sector. Both products provide access to the Energy Infrastructure team's multi-decade expertise in traded energy infrastructure investments.
Differentiator
Problem solved
Functional benefit
Brands
- KYN: Kayne Anderson Energy Infrastructure Fund, Inc. - a closed-end fund investing in energy infrastructure companies
- KNRG
Products and services
- KYN — Kayne Anderson Energy Infrastructure Fund Public closed-end fund managed by KA Fund Advisors that invests at least 80% of its total assets in securities of Energy Infrastructure Companies to deliver a high after-tax total return with an emphasis on monthly cash distributions. Designed for investors seeking diversified North American energy infrastructure exposure with single Form 1099 tax reporting, no K-1s and no UBTI.
- KNRG — Simplify Kayne Anderson Energy and Infrastructure Credit ETF Actively managed exchange-traded fund sub-advised / co-managed by KA Fund Advisors that invests at least 80% of its net assets in credit instruments issued by energy and infrastructure companies to generate current income with a secondary goal of capital appreciation. Offers intra-day liquidity and tax simplicity via the ETF wrapper.
Quantifiable outcome
- 6.3% distribution rate increase for January 2026
Companies that use KA Fund Advisors
Customer profileSegments2 records
Ideal customer profiles2 records
KA Fund Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
KA Fund Advisors partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Equiniti Trust Company, LLCcoreEquiniti Trust Company, LLC serves as the Transfer Agent and Dividend Paying Agent for KA Fund Advisors' public funds, handling share transfer services and dividend distribution processing at their New York location (48 Wall Street, Floor 2, New York, NY 1000).
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
KA Fund Advisors competitors and assessment
Company assessmentDirect peers
- Brookfield Public Securities Group: Brookfield's public-securities arm manages listed infrastructure and real-asset strategies including closed-end vehicles. Comparable as a specialist manager competing for the same infrastructure-income allocation in advisor portfolios.
- Tortoise Capital Advisors: Tortoise manages a family of listed energy infrastructure closed-end funds and ETFs focused on midstream and energy infrastructure. Most direct competitor to KYN and KNRG, sharing the same North American midstream/power thematic mandate and listed-fund distribution model.
- Cohen & Steers: Cohen & Steers is a specialist in listed real assets and income strategies, including energy infrastructure closed-end funds. Comparable as a focused, listed-vehicle alternative income manager targeting advisor and retail channels.
- abrdn (Aberdeen): abrdn sponsors a portfolio of closed-end funds focused on income and infrastructure, historically including energy infrastructure vehicles. Directly comparable listed-fund manager with similar advisor-distribution focus and income mandates.
- Simplify Asset Management: Simplify is the listed-ETF partner on KNRG and operates a thematic ETF platform across income and risk-management strategies. Direct peer across the actively managed energy/income ETF format and advisor-shelf distribution model.
Broad incumbents
- Nuveen: Nuveen operates one of the largest closed-end fund franchises globally, including infrastructure and income-oriented vehicles. Comparable in the listed-fund product structure and distribution scale, though much broader in asset-class coverage.
- Invesco: Invesco sponsors multiple energy/income closed-end funds and a broad ETF suite, including infrastructure and MLP-related strategies. Overlaps with KAFA's listed-fund model across both CEF and ETF wrappers, with much broader product breadth.
- First Trust: First Trust operates a large family of income and thematic closed-end funds and ETFs, including energy income vehicles. Comparable across the listed energy-income product category and advisor-driven distribution motion.
Emerging players
- Eagle Point Credit Company: Eagle Point Credit operates listed income/credit vehicles including closed-end funds focused on CLO and credit instruments. Comparable as a niche, listed-vehicle credit-income manager partially overlapping with KNRG's credit mandate.
- RiverNorth Capital Management: RiverNorth runs a stable of listed income and credit-oriented closed-end funds and ETFs. Comparable as a smaller, specialist listed-fund manager competing for income-focused investor allocation with overlap in credit-yielding vehicles.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
KA Fund Advisors social profiles
Digital presenceKA Fund Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
KA Fund Advisors leadership team
Management profileNumber of profiles
Profiles16 records
KA Fund Advisors subsidiaries and ownership
Company hierarchySubsidiaries2 records
KA Fund Advisors funding detail
Funding detailFunding overview
Funding rounds11 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
KA Fund Advisors M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about KA Fund Advisors
What does KA Fund Advisors do?
KA Fund Advisors is an investment management firm that manages publicly traded investment vehicles focused on North American energy infrastructure. Its core offerings are KYN, a closed-end fund listed on the NYSE that invests at least 80% of its assets in securities of energy infrastructure companies with an emphasis on monthly cash distributions, and KNRG, an actively managed ETF providing exposure to credit instruments issued by energy and infrastructure issuers. Revenue is generated through management fees calculated as a percentage of assets under management.
Is KA Fund Advisors a public or private company?
KA Fund Advisors is a private company. It is classified as corporate owned and is currently operating.
When was KA Fund Advisors founded?
KA Fund Advisors was founded in 2006. It employs 501 to 1,000 people.
Where is KA Fund Advisors based?
KA Fund Advisors is headquartered in Houston, United States, in the North America region.
How does KA Fund Advisors make money?
Two revenue lines are on record. Closed-End Fund Management is the primary driver. The others are ETF Management.
Who are KA Fund Advisors's main competitors?
Direct peers on record are Brookfield Public Securities Group, Tortoise Capital Advisors, Cohen & Steers, abrdn (Aberdeen) and Simplify Asset Management. Broad incumbents are Nuveen, Invesco and First Trust. Emerging players are Eagle Point Credit Company and RiverNorth Capital Management.
Does KA Fund Advisors have an API?
No public API is recorded for KA Fund Advisors.
What industry is KA Fund Advisors in?
KA Fund Advisors's product category is Energy Infrastructure Investment Management. Its primary akta.pro industry code is FSACAEAK, Fixed Income ETFs & Index/Portfolio Trading, with a secondary code of FSAAAEAB, Fixed Income Mutual Funds. Its NAICS code is 523940 and its SIC code is 6282.