Fitch affirms Kayne Anderson

Fitch Ratings said it affirmed Kayne Anderson Energy Total Return Fund, Inc.'s $9 million of 5.65% series A senior notes due Aug. 13, $28 million of 5.90% series B senior notes due Aug. 13, 2012, $128 million of 6.06% series C senior notes due Aug. 13, 2013, $58 million of 4.15% series D senior notes due March 5, 2015 and $27 million of three-month LIBOR plus 155 basis points series E senior notes due March 5, 2015 at AAA.

Fitch also affirmed the $90 million of 5.48% series A mandatory redeemable preferred stock due March 5, 2017 at AA.

The affirmation was driven by sufficient asset coverage, structural protections afforded by mandatory de-leveraging provisions in the event of asset coverage declines, the legal and regulatory parameters that govern the funds' operations and the capabilities of KA Fund Advisors, LLC as investment advisor, the agency said.

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