KKR Income Opportunities Fund:KIO

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    Overview

    As of 12/4/2024. NAV as of 12/3/2024.

     Share
    Price    		NAVPremium/
    Discount
    Current$13.54$13.490.74%
    52 Wk Avg$13.54$13.530.12%
    52 Wk High$15.09$13.869.78%
    52 Wk Low$12.08$13.03-7.65%
    Regular Distribution Type†Income Only
    Distribution Rate10.77%
    Distribution Amount$0.1215
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. The Fund seeks to achieve its investment objectives by employing a dynamic strategy of investing in a targeted portfolio of loans and fixed-income instruments of US and non-US issuers and implementing hedging strategies in order to seek to achieve attractive risk-adjusted returns.

    Capital Structure

    As of 12/4/2024

    Total Investment Exposure:$566.337M
    Total Common Assets:$365.941M
    Common Shares Outstanding:27,126,861
    Leverage

    As of 12/3/2024

    Preferred Share Assets:
    Total Debt (USD): $200.396M
    Regulatory Leverage (USD): $200.396M
    Effective Leverage (USD): $200.396M
    Effective Leverage (%): 35.38%
    Annual Expense Ratios

    As of 10/31/2024

      Per Common Share
    Management Fees1.70%
    Other Expenses:0.44%
    Baseline Expense: N/A
    Interest Expense:2.81%
    Total: 4.95%
    Fund Management

    Fund Sponsor
    KKR & Co. L.P.

    Portfolio Managers
    Jeremiah S. Lane, Christopher A. Sheldon

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: KIO
    NAV Ticker: XKIOX
    Average Daily Volume (shares): 130,811
    Average Daily Volume (USD): $1.772M
    Inception Date: 7/26/2013
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 12/4/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 4/30/2024    		 $0.7007
    Annualized Distribution Rate on NAV:
    As of 12/4/2024    		10.81%
    Total Return on NAV (12 months):
    As of 12/4/2024    		16.12%
    Avg. Portfolio Coupon:
    As of 12/4/2024    		 7.02%
    Total % Portfolio Effectively Leveraged:
    As of 12/4/2024     		35.38%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/4/2024

    PeriodAvg Discount
    6 Month3.94%
    1 Year0.12%
    3 Year-6.09%
    5 Year-5.97%
    Z-Score

    As of 12/4/2024

    PeriodZStat
    3 Month-0.96
    6 Month-0.95
    1 Year0.13
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD17.68%10.60%16.64%9.03%
    202328.97%23.17%15.92%11.97%
    2022-28.22%-20.52%-15.67%-10.18%
    202126.81%12.26%18.38%9.49%
    20202.24%10.96%1.13%3.11%
    201921.96%9.05%21.79%13.91%
    2018-2.51%2.19%-5.54%-2.01%
    201713.09%10.83%9.77%9.23%
    201628.69%22.99%19.94%16.22%
    2015-5.59%-3.63%-4.93%-4.43%
    2014-1.09%0.89%2.04%2.36%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/3/2024    		7.02%
    Number of Holdings:
    As of 7/31/2022    		146
    Annual Portfolio Turnover:
    As of 10/31/2024    		58.00%
    Average Bond Price:
    As of 7/31/2022    		$83.54
    Asset Allocation

    As of 7/31/2022

    Top Sectors

    As of 7/31/2022

    Sector%Portfolio
    Corporate (Super Sector)97.57%
    Corporate Bond48.66%
    Bank Loan45.26%
    Convertible3.56%
    Sensitive (Super Sector)1.05%
    Energy1.05%
    Cash Equivalents (Super Sector)0.67%
    Cash Equivalents0.67%
    Cyclical (Super Sector)0.62%
    Consumer Cyclical0.62%
    Call Exposure

    As of 9/30/2019

    Top Holdings

    As of 7/31/2022

    HoldingValue% Portfolio
    Hercules Achievement T/L (Varsity Brands)$16.06M3.61%
    Rinker Materials Corp 7.7%$12.91M2.90%
    NFP Corp. 6.88%$12.23M2.75%
    POLARIS NEWCO 2ND LIEN T/L$11.05M2.48%
    Excelitas Technologies 2nd Lien T/L$10.98M2.47%
    Vantage Specialty Chemicals T/L (Hvsc)$10.17M2.28%
    Douglas GmbH 6%$8.99M2.02%
    Carnival Corporation 5.75%$8.34M1.87%
    American Airlines Group Inc 3.75%$7.19M1.61%
    Misys 2nd Lien T/L (Almonde)$7.14M1.60%
    Credit Quality

    As of 7/31/2022

    Maturity Breakdown

    As of 7/31/2022

    Country Allocation

    As of 7/31/2022

    Country% Portfolio
    United States - Fixed Income40.21%
    Mexico - Fixed Income2.90%
    Netherlands - Fixed Income2.02%
    United States - Equity1.76%
    Germany - Fixed Income1.11%
    Others - Fixed Income0.91%
    United Kingdom - Fixed Income0.84%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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