KKR Income Opportunities Fund (KIO) To Go Ex-Dividend on March 13th

KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Wednesday, January 7th. Investors of record on Friday, March 13th will be paid a dividend of 0.1215 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 12.5%. The ex-dividend date is Friday, March 13th.

KKR Income Opportunities Fund Trading Up 0.6%

NYSE KIO opened at $11.71 on Friday. KKR Income Opportunities Fund has a one year low of $10.69 and a one year high of $13.54. The business’s fifty day moving average is $11.70 and its 200-day moving average is $12.20.

Hedge Funds Weigh In On KKR Income Opportunities Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Penserra Capital Management LLC grew its position in KKR Income Opportunities Fund by 213.5% during the third quarter. Penserra Capital Management LLC now owns 1,124,139 shares of the investment management company’s stock worth $14,164,000 after buying an additional 765,563 shares in the last quarter. Polar Asset Management Partners Inc. lifted its stake in KKR Income Opportunities Fund by 1.9% in the third quarter. Polar Asset Management Partners Inc. now owns 424,203 shares of the investment management company’s stock worth $5,345,000 after acquiring an additional 8,052 shares during the period. Bank of America Corp DE boosted its position in KKR Income Opportunities Fund by 5.3% during the 2nd quarter. Bank of America Corp DE now owns 340,398 shares of the investment management company’s stock valued at $4,275,000 after acquiring an additional 17,001 shares in the last quarter. Rareview Capital LLC bought a new stake in shares of KKR Income Opportunities Fund during the second quarter valued at approximately $2,158,000. Finally, Raymond James Financial Inc. grew its position in shares of KKR Income Opportunities Fund by 22.0% in the 3rd quarter. Raymond James Financial Inc. now owns 131,936 shares of the investment management company’s stock worth $1,662,000 after buying an additional 23,812 shares during the period.

About KKR Income Opportunities Fund

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.