Somewhat Negative Press Coverage Somewhat Unlikely to Affect KKR Income Opportunities Fund (KIO) Share Price

News headlines about KKR Income Opportunities Fund (NYSE:KIO) have been trending somewhat negative recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. KKR Income Opportunities Fund earned a coverage optimism score of -0.02 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 46.7744866929371 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of KKR Income Opportunities Fund (NYSE:KIO) traded down $0.12 during mid-day trading on Thursday, reaching $15.92. 148,500 shares of the company’s stock traded hands, compared to its average volume of 116,143. KKR Income Opportunities Fund has a 52-week low of $15.59 and a 52-week high of $18.63.

The business also recently announced a monthly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Friday, March 9th will be issued a dividend of $0.125 per share. The ex-dividend date is Thursday, March 8th. This represents a $1.50 annualized dividend and a yield of 9.42%.

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About KKR Income Opportunities Fund

KKR Income Opportunities Fund (the Fund) is a closed-end management investment company. The Fund’s investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It seeks to achieve its investment objectives by employing a dynamic strategy of investing in a targeted portfolio of loans and fixed-income instruments of the United States and the non-United States issuers, and implementing hedging strategies in order to seek to achieve attractive risk-adjusted returns.

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