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

KKR Income Opportunities Fund (NYSE:KIO) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, December 11th will be paid a dividend of 0.1215 per share by the investment management company on Wednesday, December 30th. This represents a c) annualized dividend and a dividend yield of 13.3%. The ex-dividend date is Friday, December 11th.

KKR Income Opportunities Fund Trading Down 0.0%

KIO stock opened at $10.95 on Friday. The company’s 50 day simple moving average is $11.10 and its 200-day simple moving average is $11.15. KKR Income Opportunities Fund has a 12 month low of $10.65 and a 12 month high of $12.76.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wells Fargo & Company MN raised its position in shares of KKR Income Opportunities Fund by 7.6% in the fourth quarter. Wells Fargo & Company MN now owns 571,104 shares of the investment management company’s stock valued at $6,619,000 after buying an additional 40,463 shares during the last quarter. Guggenheim Capital LLC boosted its position in KKR Income Opportunities Fund by 5.3% during the fourth quarter. Guggenheim Capital LLC now owns 755,814 shares of the investment management company’s stock worth $8,760,000 after acquiring an additional 37,860 shares during the last quarter. Polar Asset Management Partners Inc. grew its stake 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 worth $5,345,000 after acquiring an additional 8,052 shares during the period. Janney Montgomery Scott LLC raised its holdings in KKR Income Opportunities Fund by 1.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 450,490 shares of the investment management company’s stock valued at $5,221,000 after acquiring an additional 5,128 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of KKR Income Opportunities Fund by 17.3% during the 4th quarter. Cetera Investment Advisers now owns 91,840 shares of the investment management company’s stock worth $1,064,000 after purchasing an additional 13,567 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.