Kayne Anderson Energy Total Return Fund, Inc. Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratio at March 31, 2009

Kayne Anderson Energy Total Return Fund, Inc. (the "Fund") (NYSE: KYE) today provided a summary unaudited balance sheet and announced its net asset value and asset coverage ratio under the Investment Company Act of 1940 (the "1940 Act") as of March 31, 2009.

As of March 31, 2009, the Fund's net assets were $419 million and its net asset value per share was $12.70. As of March 31, 2009, the Fund's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 354%.

            Kayne Anderson Energy Total Return Fund, Inc.
                            Balance Sheet
                              31-Mar-09
                             (Unaudited)

                                                              (in millions)
                                                              -------------
Investments                                                   $       547.9
Repurchase agreements and cash                                         17.9
Deposits                                                               17.6
Accrued income                                                          4.6
Receivable for securities sold                                          1.1
Other assets                                                            1.3
                                                              -------------
  Total assets                                                        590.4


Short-term borrowings                                                     -
Senior notes                                                          165.0
                                                              -------------
  Total leverage                                                      165.0
                                                              -------------

Payable for securities purchased                                        3.5
Other liabilities                                                       3.1
                                                              -------------
  Total liabilities                                                     6.6

Net assets                                                    $       418.8
                                                              -------------

33.0 million common shares currently outstanding

As of March 31, 2009, equity and fixed income investments were 74% and 26%, respectively, of the Fund's long-term investments of $548 million. Long-term investments were comprised of MLPs and MLP Affiliates (53%), U.S. and Canadian Royalty Trusts (12%), Marine Transportation (7%), Coal (2%) and Energy Debt (26%).

The Fund's ten largest holdings by issuer at March 31, 2009 were:

                                                              Percent of
                                Units/Par ($)     Amount       Long-Term
                               (in thousands)  ($ millions)   Investments
                               -------------- -------------- -------------
1. Kinder Morgan Management,
 LLC (MLP Affiliate)                    1,988 $         81.0          14.8%
2. Plains All American
 Pipeline, L.P. (Pipeline MLP)          1,113           40.9           7.5%
3. Enbridge Energy Management,
 L.L.C. (MLP Affiliate)                 1,316           38.1           7.0%
4. Enterprise Products
 Partners L.P. (Pipeline MLP)           1,032           23.0           4.2%
5. Petrohawk Energy
 Corporation (Upstream)        $       16,045           15.4           2.8%
6. Navios Maritime Holdings
 Inc. (Marine Transportation)  $       25,250           14.4           2.6%
7. El Paso Corporation
 (Midstream)                   $       14,800           13.7           2.5%
8. Athabasca Oil Sands Corp.
 (Canadian Upstream)           $       19,500           13.1           2.4%
9. Massey Energy Company
 (Coal)                        $       20,150           12.3           2.3%
10. Denbury Resources Inc.
 (Upstream)                    $       11,010           10.6           1.9%

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 Fund'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 Fund'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 Fund'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 Fund's investment objectives will be attained.