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KKR INCOME OPPORTUNITIES FUND - KIO STOCK NEWS

Welcome to our dedicated page for KKR INCOME OPPORTUNITIES FUND news (Ticker: KIO), a resource for investors and traders seeking the latest updates and insights on KKR INCOME OPPORTUNITIES FUND stock.

KKR Income Opportunities Fund (KIO) operates as a non-diversified, closed-end management investment company, focusing on generating a high level of current income with a secondary objective of capital appreciation. KIO aims to achieve its investment goals by strategically investing in a diversified portfolio of loans and fixed-income instruments from both U.S. and non-U.S. issuers. Under typical market conditions, the fund allocates approximately 80% of its managed assets to loans and fixed-income instruments, including derivative instruments that possess similar economic characteristics.

The company invests in a variety of sectors such as banks, building products, chemicals, communications equipment, diversified telecommunication services, electric utilities, insurance, information technology services, machinery, and media. KIO's portfolio includes first- and second-lien secured loans, unsecured loans, and high-yield corporate debt instruments of varying maturities.

The fund's investment advisor, KKR Credit Advisors (US) LLC, leverages its extensive expertise in credit markets to navigate and identify attractive investment opportunities for income generation and potential capital appreciation. KKR Income Opportunities Fund remains committed to providing value to its shareholders by actively managing its portfolio and adapting to changing market conditions.

Recently, KIO has been making strides in optimizing its investment portfolio, reflecting the company's dedication to achieving its income and capital appreciation objectives. The fund's resilience and strategic planning have positioned it well in the current economic climate, allowing it to capitalize on emerging opportunities in various sectors.

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KKR Income Opportunities Fund (NYSE: KIO) has announced its monthly distributions of $0.1215 per common share. The distributions represent an annualized distribution rate of 12.45%. The distribution schedule for August, September, and October has been provided. The Fund's current share price is $11.71 per share.
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KKR Income Opportunities Fund (NYSE: KIO) announced monthly distributions of $0.1215 per common share, amounting to an annualized distribution rate of 13.32%, based on the current share price of $10.95 as of April 14, 2023.

The distribution schedule for May, June, and July 2023 includes:

  • May 11, 2023 - Ex-Date
  • May 12, 2023 - Record Date
  • May 31, 2023 - Payable Date

Investors are advised that a portion of the distributions may be from sources other than net investment income. The Fund seeks to provide high current income and capital appreciation through investments primarily in secured loans and high-yield corporate debt.

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The KKR Income Opportunities Fund (NYSE: KIO) announced the preliminary results of its transferable rights offering, which started on January 23, 2023, and ended on February 16, 2023. The offering allowed rights holders to subscribe for up to 6,780,105 common shares at a price of $10.75 per share, based on a formula linked to the Fund's net asset value (NAV). The offering was over-subscribed, with shares set to be issued after payment completion. Additionally, the Fund raised its monthly distribution rate from $0.1050 to $0.1215 per share, marking a 15.71% increase effective March 31, 2023.

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The Board of Trustees of KKR Income Opportunities Fund (NYSE: KIO) has approved a Rights Offering for shareholders to subscribe for additional shares, with a record date set for January 23, 2023. Each existing shareholder will receive one transferable right for each share held, allowing them to purchase one new share for every three rights at a price linked to market performance. The Fund will also increase its monthly distributions from $0.1050 to $0.1215 per share starting March 31, 2023, reflecting a 15.71% increase.

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KKR Income Opportunities Fund (NYSE: KIO) has made the Q3 2022 investor call available on its website, hosted by Tom Hobby and Jeremiah Lane. The Fund, a diversified closed-end management investment company, aims for high current income and capital appreciation through investments in secured loans and high yield corporate debt. Investors are advised to review the Fund's investment objectives, risks, and expenses before investing, as market conditions can affect returns. The press release includes forward-looking statements about the Fund's performance and investment risks.

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KKR Income Opportunities Fund (NYSE: KIO) announced monthly distributions of $0.105 per common share for November, December, and January. Based on the IPO price of $20.00 and the current price of $10.84, the annualized distribution rates are 6.30% and 11.62%, respectively. The distribution dates are November 30, December 30, and January 31. It's noted that the distribution rate is not indicative of future returns and may include amounts from sources other than net investment income, which could affect the overall investment performance.

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KKR Income Opportunities Fund (NYSE: KIO) has made its Q2 2022 investor call available online, featuring insights from Tom Hobby and Richard Schoenfeld on market conditions and portfolio updates. The Fund aims for high current income and capital appreciation through diversified investments in secured and unsecured loans, as well as high-yield corporate debt. Investors are advised to review the Fund's objectives, risks, and expenses before investing. The Fund’s performance may fluctuate, and certain risks, including leverage, could affect returns.

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KKR Income Opportunities Fund (NYSE: KIO) has declared monthly distributions of $0.105 per common share for August, September, and October 2022. Based on its IPO price of $20.00 and close price of $12.15 on July 27, 2022, the annualized distribution rates are 6.30% and 10.37% respectively. Shareholders should be aware that some distributions may come from sources other than net investment income and that the fund's investment performance can fluctuate significantly.

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KKR Income Opportunities Fund (NYSE: KIO) has released its Q1 2022 investor call, now accessible via its website. The call featured insights from key executives, including portfolio updates and market perspectives. The Fund’s objective is to deliver high current income and potential capital appreciation by investing primarily in secured loans and high-yield debt instruments. Investors are advised to review the Fund's objectives, risks, and expenses thoroughly before investing. For more information, visit www.kkrfunds.com/kio.

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FAQ

What is the current stock price of KKR INCOME OPPORTUNITIES FUND (KIO)?

The current stock price of KKR INCOME OPPORTUNITIES FUND (KIO) is $13.03 as of December 20, 2024.

What is the market cap of KKR INCOME OPPORTUNITIES FUND (KIO)?

The market cap of KKR INCOME OPPORTUNITIES FUND (KIO) is approximately 354.2M.

What is the primary objective of KKR Income Opportunities Fund?

The primary objective of KKR Income Opportunities Fund is to seek a high level of current income.

What is the secondary objective of KKR Income Opportunities Fund?

The secondary objective of KKR Income Opportunities Fund is capital appreciation.

What types of investments does KKR Income Opportunities Fund focus on?

KKR Income Opportunities Fund focuses on loans and fixed-income instruments from U.S. and non-U.S. issuers.

How much of its managed assets does KKR Income Opportunities Fund aim to invest in loans and fixed-income instruments?

Under normal market conditions, KKR Income Opportunities Fund invests approximately 80% of its managed assets in loans and fixed-income instruments.

Who is the investment advisor for KKR Income Opportunities Fund?

The investment advisor for KKR Income Opportunities Fund is KKR Credit Advisors (US) LLC.

What sectors does KKR Income Opportunities Fund invest in?

KKR Income Opportunities Fund invests in various sectors, including banks, building products, chemicals, communications equipment, diversified telecommunication services, electric utilities, insurance, information technology services, machinery, and media.

What types of loans does KKR Income Opportunities Fund invest in?

KKR Income Opportunities Fund invests in first- and second-lien secured loans, unsecured loans, and high-yield corporate debt instruments.

How does KKR Income Opportunities Fund achieve its investment objectives?

KKR Income Opportunities Fund achieves its investment objectives by employing a strategy of investing in a targeted portfolio of loans and fixed-income instruments with a focus on high income and capital appreciation.

What recent achievements have KKR Income Opportunities Fund made?

Recently, KKR Income Opportunities Fund has optimized its investment portfolio, reflecting its dedication to achieving its income and capital appreciation objectives.

How does KKR Credit Advisors (US) LLC contribute to KIO's performance?

KKR Credit Advisors (US) LLC leverages its expertise in credit markets to identify attractive investment opportunities, contributing to KIO's performance and strategic portfolio management.

KKR INCOME OPPORTUNITIES FUND

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354.19M
27.15M
45.72%
0.09%
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