X0303 4 2008-10-08 0 0001363890 KAYNE ANDERSON ENERGY DEVELOPMENT CO KED 0000884413 KAYNE RICHARD A 1800 AVENUE OF THE STARS SECOND FLOOR LOS ANGELES CA 90067 0 0 1 1 CEO of Investment Advisor Common Stock 2008-10-08 4 G 0 100 0 D 120100 D Common Stock 2008-11-26 4 S 0 120100 9.26 D 0 D Common Stock 5400 I * Shares were sold to recognize a tax loss. The Reporting Person intends to repurchase these shares promptly after 30 days has elapsed from the sale date. Indirect ownership through interest in Investment Advisor. Richard A. Kayne 2008-11-26