KKR Income Opportunities Fund (NYSE:KIO) Announces Monthly Dividend of $0.12

KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Monday, June 8th. Investors of record on Friday, July 10th will be given a dividend of 0.1215 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 12.9%. The ex-dividend date of this dividend is Friday, July 10th.

KKR Income Opportunities Fund Stock Performance

Shares of KIO opened at $11.28 on Tuesday. The business has a 50-day simple moving average of $11.16 and a two-hundred day simple moving average of $11.38. KKR Income Opportunities Fund has a 52 week low of $10.65 and a 52 week high of $12.83.

Institutional Trading of KKR Income Opportunities Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its position in KKR Income Opportunities Fund by 59.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,971 shares of the investment management company’s stock worth $34,000 after buying an additional 1,103 shares in the last quarter. Envestnet Asset Management Inc. increased its position in KKR Income Opportunities Fund by 2.9% in the third quarter. Envestnet Asset Management Inc. now owns 47,572 shares of the investment management company’s stock worth $599,000 after buying an additional 1,358 shares in the last quarter. Aviance Capital Partners LLC increased its position in KKR Income Opportunities Fund by 4.4% in the fourth quarter. Aviance Capital Partners LLC now owns 39,499 shares of the investment management company’s stock worth $458,000 after buying an additional 1,660 shares in the last quarter. NewEdge Advisors LLC increased its position in KKR Income Opportunities Fund by 4.5% in the second quarter. NewEdge Advisors LLC now owns 47,517 shares of the investment management company’s stock worth $597,000 after buying an additional 2,051 shares in the last quarter. Finally, Cresset Asset Management LLC increased its position in KKR Income Opportunities Fund by 15.2% in the third quarter. Cresset Asset Management LLC now owns 15,938 shares of the investment management company’s stock worth $201,000 after buying an additional 2,100 shares in the last quarter.

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.