The Company is a newly organized investment company incorporated under the laws of the State of Maryland to invest primarily in Energy Companies that are not traded publicly.
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Kayne Anderson is the best manager in closed end energy space, and KED is by far the most undervalued of the funds they manage. This actually trades at about a 15% discount to NAV to be released 31 Jan 2011. Near term value of $21 per share, and a strong dividend payer to boot !