Somewhat Favorable News Coverage Somewhat Unlikely to Impact KKR Income Opportunities Fund (KIO) Stock Price
Headlines about KKR Income Opportunities Fund (NYSE:KIO) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. KKR Income Opportunities Fund earned a news impact score of 0.10 on Accern’s scale. Accern also assigned media stories about the investment management company an impact score of 45.6135457625284 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of KKR Income Opportunities Fund (KIO) traded down 0.54% during midday trading on Friday, hitting $17.50. The stock had a trading volume of 59,820 shares. The stock’s 50-day moving average is $17.46 and its 200-day moving average is $17.38. KKR Income Opportunities Fund has a 12 month low of $14.63 and a 12 month high of $17.96.
The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, October 16th will be paid a $0.125 dividend. This represents a $1.50 annualized dividend and a dividend yield of 8.57%. The ex-dividend date of this dividend is Friday, October 13th.
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KKR Income Opportunities Fund Company Profile
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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