KKR Income Opportunities Fund Declares Monthly Distributions of $0.1215 Per Share
KKR Income Opportunities Fund (KIO) has announced monthly distributions of $0.1215 per common share for January, February, and March 2025. Based on the Fund's current share price of $13.31 (as of December 16, 2024), this represents an annualized distribution rate of 10.95%.
The distributions will be payable on January 31, February 28, and March 31, 2025, with corresponding ex-dates and record dates on January 10, February 14, and March 14, 2025. The Fund notes that distributions may come from various sources, including net investment income, short-term capital gains, long-term capital gains, or return of capital.
Il KKR Income Opportunities Fund (KIO) ha annunciato distribuzioni mensili di 0,1215 $ per azione comune per i mesi di gennaio, febbraio e marzo 2025. Basandosi sul prezzo attuale dell'azione del fondo di 13,31 $ (al 16 dicembre 2024), questo rappresenta un tasso di distribuzione annualizzato del 10,95%.
Le distribuzioni saranno pagabili il 31 gennaio, il 28 febbraio e il 31 marzo 2025, con le date di stacco e di registrazione corrispondenti il 10 gennaio, il 14 febbraio e il 14 marzo 2025. Il fondo fa presente che le distribuzioni possono provenire da varie fonti, inclusi reddito da investimenti netti, guadagni di capitale a breve termine, guadagni di capitale a lungo termine o restituzione di capitale.
El KKR Income Opportunities Fund (KIO) ha anunciado distribuciones mensuales de $0.1215 por acción ordinaria para enero, febrero y marzo de 2025. Basado en el precio actual de la acción del fondo de $13.31 (al 16 de diciembre de 2024), esto representa una tasa de distribución anualizada del 10.95%.
Las distribuciones se pagarán el 31 de enero, el 28 de febrero y el 31 de marzo de 2025, con las fechas ex y de registro correspondientes el 10 de enero, el 14 de febrero y el 14 de marzo de 2025. El fondo señala que las distribuciones pueden provenir de varias fuentes, incluyendo ingresos netos de inversiones, ganancias de capital a corto plazo, ganancias de capital a largo plazo o retorno de capital.
KKR 소득 기회 펀드 (KIO)는 2025년 1월, 2월 및 3월에 대해 보통주당 $0.1215의 월 배당금을 발표했습니다. 2024년 12월 16일 기준으로 펀드의 현재 주가인 $13.31에 따르면, 이는 연환산 배당률이 10.95%임을 나타냅니다.
배당금은 2025년 1월 31일, 2월 28일 및 3월 31일에 지급되며, 이에 따른 익일 및 기록일은 2025년 1월 10일, 2월 14일 및 3월 14일입니다. 펀드는 배당금이 순투자수익, 단기 자본이익, 장기 자본이익 또는 자본 반환 등 다양한 출처에서 나올 수 있음을 알립니다.
Le KKR Income Opportunities Fund (KIO) a annoncé des distributions mensuelles de 0,1215 $ par action ordinaire pour les mois de janvier, février et mars 2025. Sur la base du prix actuel de l'action du fonds de 13,31 $ (au 16 décembre 2024), cela représente un taux de distribution annualisé de 10,95%.
Les distributions seront payables le 31 janvier, le 28 février et le 31 mars 2025, avec des dates ex et d'enregistrement correspondantes le 10 janvier, le 14 février et le 14 mars 2025. Le fonds indique que les distributions peuvent provenir de diverses sources, y compris des revenus d'investissement nets, des gains en capital à court terme, des gains en capital à long terme ou un retour de capital.
Der KKR Income Opportunities Fund (KIO) hat monatliche Ausschüttungen von 0,1215 $ pro Stammaktie für Januar, Februar und März 2025 angekündigt. Basierend auf dem aktuellen Aktienkurs des Fonds von 13,31 $ (Stand 16. Dezember 2024) entspricht dies einem annualisierten Ausschüttungszinssatz von 10,95%.
Die Ausschüttungen erfolgen am 31. Januar, 28. Februar und 31. März 2025, mit entsprechenden Ex- und Record-Daten am 10. Januar, 14. Februar und 14. März 2025. Der Fonds weist darauf hin, dass die Ausschüttungen aus verschiedenen Quellen stammen können, einschließlich Nettoanlageerträgen, kurzfristigen Kapitalgewinnen, langfristigen Kapitalgewinnen oder Kapitaleinheiten.
- Monthly distribution of $0.1215 per share maintained
- High annualized distribution rate of 10.95% at current share price
- Distributions may include return of capital, not just investment income
- Fund trades at a discount to NAV, increasing potential investor risk
Insights
This dividend announcement from KKR Income Opportunities Fund maintains its consistent monthly distribution of
The fund's market cap of
The monthly distribution schedule is as follows for the months of January, February, and March:
Ex-Date: |
January 10, 2025 |
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Record Date: |
January 10, 2025 |
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Payable Date: |
January 31, 2025 |
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Ex-Date: |
February 14, 2025 |
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Record Date: |
February 14, 2025 |
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Payable Date: |
February 28, 2025 |
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Ex-Date: |
March 14, 2025 |
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Record Date: |
March 14, 2025 |
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Payable Date: |
March 31, 2025 |
Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured. The distribution rate should not be considered the yield or total return on an investment in the Fund.
In compliance with Section 19 of the Investment Company Act of 1940, a notice will be provided to shareholders for any distribution that does not consist solely of net investment income. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gains, long-term capital gains or return of capital.
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The final determination of the source of all distributions in 2025 will be made after year-end. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The Fund is a diversified, closed-end fund. Investors should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing.
The investment return, price, yields, market value and net asset value (“NAV”) of a fund's shares will fluctuate with market conditions. Closed-end funds frequently trade at a discount to their NAV, which may increase an investor’s risk of loss. There is no assurance that the Fund will meet its investment objective. The Fund’s distribution rate may be affected by numerous factors, including changes in realized and projected market returns, Fund performance, and other factors. There can be no assurance that a change in market conditions or other factors will not result in a change in a Fund distribution rate at a future time.
An investment in the Fund is not appropriate for all investors and is not intended to be a complete investment program. The Fund is designed as a long-term investment and not as a trading vehicle. Investors should carefully review and consider the Fund’s investment objective, risk, charges and expenses before investing.
Investment return and principal value will fluctuate, and it is possible to lose money by investing in the Fund. Past performance is not a guarantee of future results.
Forward Looking Statements
This press release contains certain statements that may include "forward-looking statements" within the meaning of the federal securities laws. All statements, other than statements of historical fact, included herein are "forward-looking statements." The forward-looking statements are based on the Fund’s and KKR's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to the Fund or KKR or are within their control. The Fund and KKR do not undertake any obligation to update any forward-looking statements to reflect circumstances or events that occur after the date on which such statements were made except as required by law.
This document is not an offer to sell securities and is not soliciting an offer to buy securities in any jurisdiction where the offer or sale is not permitted. Investors should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. An investment in the Fund should not constitute a complete investment program.
KKR Income Opportunities Fund
KKR Income Opportunities Fund is a diversified, closed-end management investment company managed by KKR Credit Advisors (US) LLC (“KKR Credit”), an indirect subsidiary of KKR & Co. Inc. (“KKR”). The Fund’s primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. The Fund will seek to achieve its investment objective by investing primarily in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments. It expects to employ a dynamic strategy of investing in a targeted portfolio of loans and fixed-income instruments of
About KKR Credit
Launched by KKR in 2004, KKR Credit invests on behalf of its managed funds, clients and accounts across the corporate credit spectrum, including secured credit, bank loans and high yield securities and alternative assets such as junior debt, asset-based finance, corporate direct lending, strategic investments and structured finance. With over 470 employees, including approximately 170 investment professionals, KKR Credit’s investment teams are closely aligned with KKR’s wealth of private equity investment and industry resources.
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.
Contact the Fund at (855) 330-3927 or visit the Fund’s website at https://www.kkrfunds.com/kio for additional information.
The Fund will invest in loans and other types of fixed‐income instruments and securities. Such investments may be secured, partially secured or unsecured and may be unrated, and whether or not rated, may have speculative characteristics. The market price of the Fund’s investments will change in response to changes in interest rates and other factors. Generally, when interest rates rise, the values of fixed‐income instruments fall, and vice versa.
Use of leverage creates an opportunity for increased income and return for Common Shareholders but, at the same time, creates risks, including the likelihood of greater volatility in the NAV and market price of, and distributions on, the Common Shares. In particular, leverage may magnify interest rate risk, which is the risk that the prices of portfolio securities will fall (or rise) if market interest rates for those types of securities rise (or fall). As a result, leverage may cause greater changes in the Fund’s NAV, which will be borne entirely by the Fund’s Common Shareholders.
Derivative investments have risks, including the imperfect correlation between the value of such instruments and the underlying assets of the Fund. The risk of loss from a short sale is unlimited because the Fund must purchase the shorted security at a higher price to complete the transaction and there is no upper limit for the security price. The use of options, swaps, and derivatives by the Fund has the potential to significantly increase the Fund’s volatility. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. The Fund’s investments in securities or other instruments of non‐U.S. issuers or borrowers may be traded in undeveloped, inefficient and less liquid markets and may experience greater price volatility and changes in value.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241217095184/en/
Media
Julia Kosygina
212.750.8300
media@kkr.com
Source: KKR Income Opportunities Fund
FAQ
What is KIO's current monthly distribution amount per share?
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