Kayne Anderson Energy Total Return Fund, Inc. Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value an

HOUSTON--([ BUSINESS WIRE ])--Kayne Anderson Energy Total Return Fund, Inc. (the aFunda) (NYSE: KYE) today provided a summary unaudited balance sheet and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the a1940 Acta) as of November 30, 2010.

As of November 30, 2010, the Funda�s net assets were $915 million and its net asset value per share was $26.53. As of November 30, 2010, the Funda�s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 417% and the Funda�s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 325%.



Kayne Anderson Energy Total Return Fund, Inc.
Balance Sheet
November 30, 2010
(Unaudited)
	(in millions)		Per Share
Investments	$	1,292.2	$	37.46
Repurchase agreements and cash		29.4		0.85
Accrued income		7.4		0.22
Receivable for securities sold		13.5		0.39
Other assets		3.7		0.11
Total assets		1,346.2		39.03
Credit facility borrowings		67.0		1.94
Senior notes		250.0		7.25
Preferred stock		90.0		2.61
Total leverage		407.0		11.80

Payable for securities purchased		15.1		0.44
Other liabilities		9.0		0.26
Total liabilities		24.1		0.70

Net assets	$	915.1	$	26.53

The Fund had 34.49 million common shares outstanding as of November 30, 2010.

As of November 30, 2010, equity and energy debt investments were 81% and 19%, respectively, of the Funda�s long-term investments of $1.3 billion. Long-term investments were comprised of MLPs and MLP Affiliates (53%), U.S. and Canadian Royalty Trusts (15%), Marine Transportation (8%), Coal and Other (5%) and Energy Debt (19%).

The Funda�s ten largest holdings by issuer at November 30, 2010 were:

		Units (in thousands)	Amounts ($ millions)	Percent of Long-Term Investments
1.	Kinder Morgan Management, LLC (MLP Affiliate)	2,090	$133.7	10.3%
2.	Enbridge Energy Management, L.L.C. (MLP Affiliate)	1,940	118.2	9.1%
3.	Plains All American Pipeline, L.P. (Midstream MLP)	1,113	68.5	5.3%
4.	Teekay Offshore Partners L.P. (Marine MLP)	1,626	46.9	3.6%
5.	Enerplus Resources Fund (Canadian Royalty Trust)	1,555	44.8	3.5%
6.	Navios Maritime Partners L.P. (Marine MLP)	2,096	38.9	3.0%
7.	Enterprise Products Partners L.P. (Midstream MLP)	729	30.7	2.4%
8.	Westshore Terminals Income Fund (Canadian Royalty Trust)	1,353	30.1	2.3%
9.	Teekay Tankers Ltd. (Marine Transportation)	2,537	30.1	2.3%
10.	Williams Partners L.P. (Midstream MLP)	596	28.1	2.2%

The Fund is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940 whose common stock is traded on the NYSE.The Funda�s investment objective is to obtain a high total return with an emphasis on current income by investing primarily in securities of companies engaged in the energy industry, principally including publicly-traded energy-related master limited partnerships and limited liability companies taxed as partnerships and their affiliates, energy-related U.S. and Canadian royalty trusts and income trusts and other companies that derive at least 50% of their revenues from operating assets used in, or providing energy-related services for, the exploration, development, production, gathering, transportation, processing, storing, refining, distribution, mining or marketing of natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal.

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 materially differ from the Funda�s historical experience and its present expectations or projections indicated in any forward-looking statement. These risks include, but are not limited to, changes in economic and political conditions; regulatory and legal changes; energy industry risk; commodity pricing risk; leverage risk; valuation risk; non-diversification risk; interest rate risk; tax risk; and other risks discussed in the Funda�s filings with the SEC.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 Funda�s investment objectives will be attained.

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Kayne Anderson Energy Total Return Fund, Inc. Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value an