KKR Income Opportunities Fund

Frequently Asked Questions About KIO

What does KIO invest in?

KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co. L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments. It employs fundamental analysis, with a focus on dynamic hedging strategies to create its portfolio. KKR Income Opportunities Fund was formed on March 17, 2011 and is domiciled in the United States.

What is the expense ratio of KIO?

KKR Income Opportunities Fund (KIO) charges an expense ratio of 4.09%. This is the annual fee deducted from fund assets to cover management and operations.

What is KIO's dividend yield?

KIO's trailing-twelve-month yield is 14.97%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of KIO?

Effective duration measures KIO's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. KIO's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of KIO?

KIO's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of KIO?

Yield to maturity (YTM) is the total return you'd earn from KIO if every bond in the portfolio is held to maturity at the current price. KIO's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.