KKR Income Opportunities Fund (NYSE:KIO) to Issue $0.12 Monthly Dividend

KKR Income Opportunities Fund (NYSE:KIO) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be paid a dividend of 0.1215 per share by the investment management company on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 13.3%. The ex-dividend date is Friday, November 13th.

KKR Income Opportunities Fund Stock Down 0.1%

Shares of KIO stock opened at $10.96 on Friday. KKR Income Opportunities Fund has a 1 year low of $10.65 and a 1 year high of $12.76. The stock has a fifty day moving average price of $11.11 and a 200 day moving average price of $11.15.

Institutional Investors Weigh In On KKR Income Opportunities Fund

A number of large investors have recently bought and sold shares of KIO. Rareview Capital LLC boosted its stake in shares of KKR Income Opportunities Fund by 10.1% during the 2nd quarter. Rareview Capital LLC now owns 198,863 shares of the investment management company’s stock worth $2,239,000 after purchasing an additional 18,251 shares during the last quarter. Wedbush Securities Inc. boosted its holdings in shares of KKR Income Opportunities Fund by 42.9% during the second quarter. Wedbush Securities Inc. now owns 61,574 shares of the investment management company’s stock worth $693,000 after purchasing an additional 18,471 shares during the last quarter. Equitable Holdings Inc. acquired a new position in shares of KKR Income Opportunities Fund during the 2nd quarter valued at about $322,000. Corient Private Wealth LP acquired a new position in KKR Income Opportunities Fund during the second quarter worth approximately $137,000. Finally, Plotkin Financial Advisors LLC purchased a new position in shares of KKR Income Opportunities Fund in the 2nd quarter worth $146,000.

About KKR Income Opportunities Fund

KKR Income Opportunities Fund (NYSE: KIO) is a diversified, closed-end management investment company that seeks to provide attractive current income and capital appreciation by investing primarily in corporate credit instruments. Managed by KKR Income Opportunities Advisors, LLC, the fund leverages the global credit platform of KKR & Co Inc, deploying capital across a broad spectrum of debt securities—including broadly syndicated loans, high-yield bonds, convertible bonds, private credit, and other credit-related instruments.

Since its initial public offering in June 2018, the fund has pursued a flexible, research-driven strategy designed to capture opportunities across credit markets.