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NEW YORK–(BUSINESS WIRE)–KKR Income Opportunities Fund (the “Fund”) (NYSE: KIO) today announced that the 2022 First Quarter Investor Call is now available on the Fund’s website. Aaron Dalrymple, Tom Hobby and Terry Ing hosted the call and provided market color and portfolio updates for the first quarter of 2022. Terry Ing is Managing Director and Portfolio Manager for Traded Credit Funds of KKR and Aaron Dalrymple and Tom Hobby are part of KKR. Client and partner group.
The Fund is a diversified closed-end fund. Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. Please see below for additional important information and disclaimers.
About KKR Income Opportunities Fund
KKR Income Opportunities Fund is a diversified closed-end investment company managed by KKR Credit Advisors (US) LLC (“KKR Credit”), an indirect subsidiary of KKR & Co. Inc. (“KKR”). The primary investment objective of the Fund is to seek a high level of current income with a secondary objective of capital appreciation. The Fund will seek to achieve its investment objective by investing primarily in senior and junior secured loans, unsecured loans and high yield corporate debt securities. It plans to employ an aggressive strategy of investing in a targeted portfolio of loans and fixed income instruments from US and non-US issuers and implementing hedging strategies to achieve attractive risk-adjusted returns. . Please visit www.kkrfunds.com/kio for more information.
About KKR Credit
Launched by KKR in 2004, KKR Credit invests on behalf of its managed funds, clients and accounts across the full spectrum of corporate credit, including secured credit, bank loans and high yield securities and alternative assets such as mezzanine financing, special situations investments and structured financing. With 377 employees, including approximately 170 investment professionals, KKR Credit’s investment teams are closely aligned with KKR’s wealth of private equity investments and industry resources.
KKR is a leading global investment firm providing alternative asset management solutions as well as capital markets and insurance solutions. KKR aims to generate attractive returns on investment by following a patient and disciplined investment approach, employing world-class people and supporting the growth of its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer pension, life insurance and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For more information about KKR & Co. Inc. (NYSE:KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.
This press release contains certain statements that may include “forward-looking statements” within the meaning of the federal securities laws. All statements, other than statements of historical fact, included herein are “forward-looking statements”. Forward-looking statements are based on the beliefs, assumptions and expectations of the Fund and KKR regarding its future performance, taking into account all information currently available to them. These beliefs, assumptions and expectations may change due to many possible events or factors, not all of which are known to or within the control of the Fund or KKR. The Fund and KKR undertake no obligation to update forward-looking statements to reflect circumstances or events that occur after the date such statements were made, except as required by law.
This press release does not constitute an offer to sell securities and does not solicit an offer to buy securities in any jurisdiction where the offer or sale is not authorized. Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. The prospectus, which contains this and other important information about the Fund, should be read carefully before investing. A copy of the prospectus can be obtained on the Fund’s website. An investment in the Fund should not constitute a complete investment program.
The investment performance, price, distribution rate, market value and net asset value (“NAV”) of shares of a fund will fluctuate with market conditions. Closed-end funds often trade at a discount to their net asset value, which can increase an investor’s risk of loss. There can be no assurance that the Fund will achieve its investment objective. The Fund’s distribution rate may be affected by many factors, including changes in realized and projected market returns, the performance of the Fund and other factors. There can be no assurance that a change in market conditions or other factors will not cause a Fund’s distribution rate to change in the future.
An investment in the Fund is not suitable for all investors and is not intended to constitute a complete investment program. An investment in the Fund involves risks, including the risk that you will receive little or no return on your investment or that you may lose some or even all of your investment. Accordingly, prospective investors should carefully consider the investment objectives, risks, charges and expenses of the Fund and should consult with tax, legal or financial advisors before making any investment decision. The market price and net asset value of shares in the Fund will fluctuate and it is possible to lose money by investing in the Fund. Past performance is not indicative of future results.
The Fund will invest in loans and other types of fixed income securities instruments and titles. These investments may be secured, partially secured or unsecured and may be unrated, and whether or not rated, may have speculative characteristics. The market price of the Fund’s investments will change in response to changes in interest rates and other factors. Generally, when interest rates rise, the value ofincome instruments decline, and vice versa.
The use of leverage creates an opportunity for increased income and return for common shareholders, but, at the same time, creates risks, including the likelihood of greater NAV and price volatility. market and distributions on the common shares. In particular, leverage can amplify interest rate risk, i.e. the risk that the prices of portfolio securities will fall (or rise) if market interest rates for these types securities increase (or decrease). Accordingly, leverage may result in greater variations in the net asset value of the Fund, which will be borne entirely by the holders of common shares of the Fund.
Cara Major or Miles Radcliffe-Trenner
Source: KKR Income Opportunities Fund