Kayne Anderson's (KYN) 6.2M share public offering likely foreshadows another wave of secondary...

|About: Kayne Anderson MLP Investment (KYN)|By:, SA News Editor

Kayne Anderson's (KYN) 6.2M share public offering likely foreshadows another wave of secondary offerings from many MLPs, as the closed-end fund has proven astute when it comes to investing in MLPs and knowing when MLPs are ready to raise more capital, 24/7's Jon Ogg writes. Investors so far have done well buying into the secondaries and holding on.