 HOUSTON, Aug. 03, 2020 GLOBE NEWSWIRE -- Kayne Anderson MidstreamEnergy Fund, Inc. the Fund NYSE: KMF today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 the 1940 Act as of July 31, 2020. As of July 31, 2020, the Funds net assets were 287 million and its net asset value per share was 6.09. As of July 31, 2020, the Funds asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 487 and the Funds asset coverage ratio under the 1940 Act with respect to total leverage debt and preferred stock was 331. Kayne Anderson MidstreamEnergy Fund, Inc. Statement of Assets and Liabilities July 31, 2020 Unaudited in millions Investments 403.8 Cash and cash equivalents 6.0 Receivable for securities sold 1.1 Accrued income 3.1 Other assets 0.6 Total assets 414.6 Notes 84.5 Unamortized notes issuance costs 0.2 Preferred stock 40.0 Unamortized preferred stock issuance costs 0.2 Total leverage 124.1 Payable for securities purchased 0.5 Other liabilities 2.6 Total liabilities 3.1 Net assets 287.4 The Fund had 47,197,462 common shares outstanding as of July 31, 2020. As of July 31, 2020, equity and debt investments were 94 and 6, respectively, of the Funds long-term investments of 403 million. Long-term investments were comprised of Midstream Company 37, Midstream MLP 16, Renewable Infrastructure CompanyUtility 38, Other Energy 2, Other 1 and Debt 6.The Funds ten largest holdings by issuer at July 31, 2020 were: Amount in millions Percent of Long-Term Investments 1.The Williams Companies, Inc. Midstream Company 25.8 6.4 2.Targa Resources Corp. Midstream Company 18.7 4.6 3.Atlantica Sustainable Infrastructure plc Renewable InfrastructureUtility 18.6 4.6 4.NextEra Energy Partners, LP Renewable InfrastructureUtility 16.0 4.0 5.Antero Midstream Corporation Renewable InfrastructureUtility 14.1 3.5 6.Brookfield Renewable Partners L.P. Renewable InfrastructureUtility 14.0 3.5 7.Pembina Pipeline Corporation Midstream Company 13.2 3.3 8.Plains GP Holdings, L.P. Midstream Company 13.2 3.3 9.Kinder Morgan, Inc. Midstream Company 13.1 3.2 10.Innergex Renewable Energy Inc. Renewable InfrastructureUtility 12.9 3.2 ___ Excludes cash. Portfolio holdings are subject to change without notice. The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security. You can obtain a complete listing of holdings by viewing the Funds most recent quarterly or annual report. Kayne Anderson MidstreamEnergy Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Funds investment objective is to provide a high level of total return with an emphasis on making cash distributions to its stockholders by investing at least 80 of its total assets in securities of companies in the MidstreamEnergy Sector, consisting of: a Midstream Master Limited Partnerships MLPs, b Midstream Companies, c Other MLPs and d Other Energy Companies. The Fund anticipates that the majority of its investments will consist of investments in Midstream MLPs and Midstream Companies. See Glossary of Key Terms in the Funds quarterly reports for a description of these investment categories and for the meaning of capitalized terms.This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of any securities in any jurisdiction in which such offer or sale is not permitted. Past performance is not a guarantee of future results. Current performance may be lower or higher than that shown based on market fluctuations from the end of the reported period.CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements as defined under the U.S. federal securities laws. Generally, the words believe, expect, intend, estimate, anticipate, project, will and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ from the Funds historical experience and its present expectations or projections indicated in any forward-looking statements. These risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; MLP industry risk; leverage risk; valuation risk; interest rate risk; tax risk; and other risks discussed in the Funds filings with the SEC, available at You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Fund undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the Funds investment objective will be attained.Contact:KA Fund Advisors, LLC Investor Relations 877-657-3863 