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PRUDENTIAL FINANCIAL INC Major Shareholding Notification 2018

Sep 10, 2018

30092_mrq_2018-09-10_15a42b07-215f-4e38-af94-4cfa60c25d46.zip

Major Shareholding Notification

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DOCUMENT TYPE SC 13G/A TEXT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Amendment # 1 Name of Issuer: Kayne Anderson Energy Development Company ___________ Title of Class of Securities: Preferred Stock CUSIP Number: 48660Q2#8 1) NAME AND I.R.S. IDENTIFICATION NO. OF REPORTING PERSON Prudential Financial, Inc. 22-3703799 2.) MEMBER OF A GROUP: (a) N/A (b) N/A 3) SEC USE ONLY: 4) PLACE OF ORGANIZATION: New Jersey NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH: 5) Sole Voting Power: 0 Not Applicable 6) Shared Voting Power: 0 Not Applicable 7) Sole Dispositive Power: 0 Not Applicable 8) Shared Dispositive Power: 0 Not Applicable 9) AGGREGATE AMOUNT BENEFICIALLY OWNED: 0 Not Applicable 10) AGGREGATE AMOUNT IN ROW (9) EXCLUDES SHARES: Not Applicable 11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 0.0 Not Applicable 12) TYPE OF REPORTING PERSON: HC ITEM 1(a). NAME OF ISSUER: Kayne Anderson Energy Development Company ITEM 1(b). ADDRESS OF ISSUER'S EXECUTIVE OFFICES: 717 TEXAS AVENUE SUITE 3100 Houston, Texas 77002 ITEM 2(a). NAME OF PERSON FILING: Prudential Financial, Inc. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: 751 Broad Street Newark, New Jersey 07102-3777 ITEM 2(c). CITIZENSHIP: New Jersey ITEM 2(d). TITLE OF CLASS OF SECURITIES: Preferred Stock ITEM 2(e). CUSIP NUMBER: 48660Q2#8 ITEM 3. The Person filing this statement is a Parent Holding Company as defined in Section 240.13d-1(b)(1)(ii)(G) of the Securities Exchange Act of 1934. ITEM 4. OWNERSHIP: (a) Number of Shares Beneficially Owned: 0 Not Applicable (b) Percent of Class: 0.0 (c) Powers No. Of Shares ----------- -------------------- Sole power to vote or 0 Not Applicable to direct the vote Shared power to vote or 0 Not Applicable to direct the vote Sole power to dispose or 0 Not Applicable to direct disposition Shared power to dispose 0 Not Applicable or to direct disposition ITEM 5. OWNERSHIP OF 5% OR LESS OF A CLASS: Not Applicable ITEM 6. OWNERSHIP OF MORE THAN 5% ON BEHALF OF ANOTHER PERSON: Not Applicable ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE ULTIMATE PARENT COMPANY: Not Applicable ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Not Applicable ITEM 9. NOTICE OF DISSOLUTION OF GROUP: Not Applicable ITEM 10. CERTIFICATION:

By signing below, Prudential Financial, Inc. certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

The filing of this statement should not be construed as an admission that Prudential Financial, Inc. is, for purposes of Sections 13 or 16 of the Securities Exchange Act of 1934, the beneficial owner of such shares.

SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, Prudential Financial, Inc. certifies that the information set forth in this statement is true, complete and correct. PRUDENTIAL FINANCIAL, INC. By: Richard Baker Second Vice President Date: 09/10/2018 As of: 08/31/2018 Exhibit A -------------- ITEM 4. OWNERSHIP: All outstanding Preferred Share Securities of Kayne Anderson Energy Development Company (ticker: KED) were replaced by Preferred Share Securities of Kayne Anderson MLP/Midstream Investment Company (ticker: KYN; cusip: 4866068#6) in connection with the merger of KED into KYN, effective 8/6/2018. Through its parent /subsidiary relationship, Prudential Financial, Inc. did not beneficially own 10% or more of the Preferred Share Securities of KYN as of 8/6/2018 or 8/31/2018. Rule 13d-1(k)(1) JOINT FILING AGREEMENT Each of the undersigned hereby agrees and consents to the execution and joint filing on its behalf of this Schedule 13G in connection with the beneficial ownership of the securities which are the subject of this schedule. Dated this 10th day of September, 2018 Prudential Financial, Inc. By: /s/ Richard Baker Second Vice President The Prudential Insurance Company of America By: /s/ Christopher L. Halloran Vice President PGIM, Inc., as Sub-advisor By: /s/ Christopher L. Halloran Vice President

Subsidiaries
The Prudential Insurance Company of
America IC
Prudential Retirement Insurance and Annuity Company IC
Jennison Associates LLC IA
PGIM, Inc. IA
Quantitative Management Associates LLC IA