Kayne Anderson Renewable Fund Quote
| KARRX Fund | USD 9.69 0.08 0.82% |
Performance9 of 100
| Odds Of DistressLess than 20
|
Kayne Anderson is trading at 9.69 as of the 24th of November 2024; that is 0.82 percent decrease since the beginning of the trading day. The fund's open price was 9.77. Kayne Anderson has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Kayne Anderson Renewable are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
The fund, under normal market conditions, invests at least 80 percent of its net assets in a portfolio of renewable infrastructure companies that are involved in business activities related to renewable energy production, storage and transmission. Its investments in renewable infrastructure companies will typically be in the form of common stocks, but may also include preferred stocks. More on Kayne Anderson Renewable
Moving together with Kayne Mutual Fund
Kayne Mutual Fund Highlights
| Fund Concentration | Kayne Anderson Funds, Large Funds, Infrastructure Funds, Infrastructure, Kayne Anderson (View all Sectors) |
| Update Date | 30th of September 2024 |
Kayne Anderson Renewable [KARRX] is traded in USA and was established 24th of November 2024. Kayne Anderson is listed under Kayne Anderson category by Fama And French industry classification. The fund is listed under Infrastructure category and is part of Kayne Anderson family. Kayne Anderson Renewable now has accumulated 34.6 M in assets with minimum initial investment of 2.5 K. with the current yeild of 0.0%.
Check Kayne Anderson Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Kayne Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Kayne Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Kayne Anderson Renewable Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Kayne Anderson Renewable Mutual Fund Constituents
| AGR | Avangrid | Stock | Utilities | |
| BEPC | Brookfield Renewable Corp | Stock | Utilities | |
| EVA | Enviva Partners LP | Stock | Energy | |
| FXFXX | First American Funds | Money Market Fund | US Money Market Fund | |
| NEE | Nextera Energy | Stock | Utilities | |
| SSO | ProShares Ultra SP500 | Etf | Trading--Leveraged Equity |
Kayne Anderson Renewable Risk Profiles
| Mean Deviation | 0.6159 | |||
| Semi Deviation | 0.6082 | |||
| Standard Deviation | 0.7605 | |||
| Variance | 0.5784 |
Kayne Anderson Against Markets
Other Information on Investing in Kayne Mutual Fund
Kayne Anderson financial ratios help investors to determine whether Kayne Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kayne with respect to the benefits of owning Kayne Anderson security.
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