KKR Income Opportunities Fund (KIO) To Go Ex-Dividend on June 13th

KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Thursday, March 20th, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.1215 per share by the investment management company on Monday, June 30th. This represents a $1.46 annualized dividend and a dividend yield of 11.88%. The ex-dividend date is Friday, June 13th.

KKR Income Opportunities Fund Price Performance

Shares of KIO stock opened at $12.28 on Wednesday. KKR Income Opportunities Fund has a 12-month low of $10.69 and a 12-month high of $15.09. The firm has a fifty day moving average of $11.81 and a 200-day moving average of $12.52.

Hedge Funds Weigh In On KKR Income Opportunities Fund

An institutional investor recently raised its position in KKR Income Opportunities Fund stock. NewEdge Advisors LLC grew its position in KKR Income Opportunities Fund (NYSE:KIO) by 9.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,466 shares of the investment management company’s stock after purchasing an additional 3,844 shares during the period. NewEdge Advisors LLC’s holdings in KKR Income Opportunities Fund were worth $559,000 at the end of the most recent quarter.

KKR Income Opportunities Fund Company Profile

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.