KKR Income Opportunities Fund (NYSE:KIO) to Issue $0.12 Monthly Dividend

KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Monday, June 8th. Shareholders of record on Friday, September 11th will be paid a dividend of 0.1215 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 12.9%. The ex-dividend date is Friday, September 11th.

KKR Income Opportunities Fund Price Performance

Shares of NYSE:KIO opened at $11.28 on Tuesday. The firm has a fifty day moving average price of $11.16 and a two-hundred day moving average price of $11.38. KKR Income Opportunities Fund has a one year low of $10.65 and a one year high of $12.83.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Guggenheim Capital LLC boosted its holdings in KKR Income Opportunities Fund by 5.3% in the 4th quarter. Guggenheim Capital LLC now owns 755,814 shares of the investment management company’s stock valued at $8,760,000 after purchasing an additional 37,860 shares during the period. UBS Group AG boosted its holdings in KKR Income Opportunities Fund by 8.4% in the 4th quarter. UBS Group AG now owns 620,374 shares of the investment management company’s stock valued at $7,190,000 after purchasing an additional 48,255 shares during the period. Wells Fargo & Company MN boosted its holdings in KKR Income Opportunities Fund by 7.6% in the 4th quarter. Wells Fargo & Company MN now owns 571,104 shares of the investment management company’s stock valued at $6,619,000 after purchasing an additional 40,463 shares during the period. Janney Montgomery Scott LLC boosted its holdings in KKR Income Opportunities Fund by 4.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 469,778 shares of the investment management company’s stock valued at $5,168,000 after purchasing an additional 19,288 shares during the period. Finally, Polar Asset Management Partners Inc. boosted its holdings in KKR Income Opportunities Fund by 1.9% in the 3rd quarter. Polar Asset Management Partners Inc. now owns 424,203 shares of the investment management company’s stock valued at $5,345,000 after purchasing an additional 8,052 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.