KKR Income Opportunities Fund (KIO) to Distribute Monthly Dividend of $0.12 on October 30th

KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, October 9th will be given a dividend of 0.1215 per share by the investment management company on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 13.3%. The ex-dividend date is Friday, October 9th.

KKR Income Opportunities Fund Stock Down 0.0%

Shares of NYSE:KIO opened at $10.95 on Friday. KKR Income Opportunities Fund has a 52 week low of $10.65 and a 52 week high of $12.76. The company has a 50 day moving average price of $11.10 and a two-hundred day moving average price of $11.15.

Institutional Investors Weigh In On KKR Income Opportunities Fund

Institutional investors have recently added to or reduced their stakes in the stock. Rareview Capital LLC lifted its position in shares of KKR Income Opportunities Fund by 10.1% in the second quarter. Rareview Capital LLC now owns 198,863 shares of the investment management company’s stock worth $2,239,000 after purchasing an additional 18,251 shares in the last quarter. Wedbush Securities Inc. increased its position in KKR Income Opportunities Fund by 42.9% during the second quarter. Wedbush Securities Inc. now owns 61,574 shares of the investment management company’s stock worth $693,000 after buying an additional 18,471 shares during the last quarter. Equitable Holdings Inc. bought a new stake in KKR Income Opportunities Fund in the second quarter valued at approximately $322,000. Corient Private Wealth LP bought a new stake in KKR Income Opportunities Fund in the second quarter valued at approximately $137,000. Finally, Plotkin Financial Advisors LLC acquired a new stake in shares of KKR Income Opportunities Fund in the second quarter valued at approximately $146,000.

KKR Income Opportunities Fund Company Profile

KKR Income Opportunities Fund (NYSE: KIO) is a diversified, closed-end management investment company that seeks to provide attractive current income and capital appreciation by investing primarily in corporate credit instruments. Managed by KKR Income Opportunities Advisors, LLC, the fund leverages the global credit platform of KKR & Co Inc, deploying capital across a broad spectrum of debt securities—including broadly syndicated loans, high-yield bonds, convertible bonds, private credit, and other credit-related instruments.

Since its initial public offering in June 2018, the fund has pursued a flexible, research-driven strategy designed to capture opportunities across credit markets.