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Trending ETFs

KKR Income Opportunities Fund

mutual fund
XKIOX
Payout Change
Suspended
Price as of:
$13.62 +0.0 +0.0%
primary theme
High Yield Bond
share class
XKIOX (Mutual Fund)

KKR Income Opportunities Fund

Payout Change
Suspended
Price as of:
$13.62 +0.0 +0.0%
primary theme
High Yield Bond
share class
XKIOX (Mutual Fund)

KKR Income Opportunities Fund

Payout Change
Suspended
Price as of:
$13.62 +0.0 +0.0%
primary theme
High Yield Bond
share class

Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$13.62

$291 M

0.00%

3.12%

Vitals

YTD Return

1.4%

1 yr return

5.7%

3 Yr Avg Return

-7.0%

5 Yr Avg Return

-2.8%

Net Assets

$291 M

Holdings in Top 10

23.5%

52 WEEK LOW AND HIGH

$13.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 3.12%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 78.62%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$13.62

$291 M

0.00%

3.12%

XKIOX - Profile

Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return -7.0%
  • 5 Yr Annualized Total Return -2.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 8.49%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    KKR Income Opportunities Fund
  • Fund Family Name
    KKR & Co. L.P.
  • Inception Date
    Jul 26, 2013
  • Shares Outstanding
    20340315
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Christopher Sheldon

Fund Description


XKIOX - Performance

Return Ranking - Trailing

Period XKIOX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -6.7% 431.8% 95.29%
1 Yr 5.7% -0.9% 460.1% 97.56%
3 Yr -7.0%* -14.6% 75.1% 98.01%
5 Yr -2.8%* -11.9% 44.0% 95.78%
10 Yr 0.9%* -5.1% 23.0% 95.53%

* Annualized

Return Ranking - Calendar

Period XKIOX Return Category Return Low Category Return High Rank in Category (%)
2023 10.3% -4.7% 14.3% 0.81%
2022 -27.3% -33.4% 3.6% 99.18%
2021 4.1% -8.4% 8.2% 2.90%
2020 0.1% -13.2% 302.7% 45.69%
2019 -0.6% -4.4% 13.3% 98.37%

Total Return Ranking - Trailing

Period XKIOX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% -6.7% 431.8% 95.29%
1 Yr 5.7% -0.9% 460.1% 97.56%
3 Yr -7.0%* -14.6% 75.1% 98.01%
5 Yr -2.8%* -11.9% 44.0% 95.78%
10 Yr 0.9%* -5.1% 23.0% 95.53%

* Annualized

Total Return Ranking - Calendar

Period XKIOX Return Category Return Low Category Return High Rank in Category (%)
2023 10.3% -4.7% 18.7% 83.71%
2022 -27.3% -33.4% 47.8% 99.18%
2021 4.1% -8.4% 12.4% 71.16%
2020 0.1% -9.6% 325.6% 94.20%
2019 4.0% -3.8% 19.4% 98.19%

NAV & Total Return History


XKIOX - Holdings

Concentration Analysis

XKIOX Category Low Category High XKIOX % Rank
Net Assets 291 M 3.13 M 23.6 B 68.56%
Number of Holdings 143 2 3879 87.79%
Net Assets in Top 10 122 M -492 M 5.25 B 43.81%
Weighting of Top 10 23.49% 4.2% 146.0% 14.17%

Top 10 Holdings

  1. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%
  2. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%
  3. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%
  4. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%
  5. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%
  6. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%
  7. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%
  8. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%
  9. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%
  10. Sequa Mezzanine Holdings 2nd Lien T/L (07/20) 3.45%

Asset Allocation

Weighting Return Low Return High XKIOX % Rank
Bonds
96.71% 0.00% 145.36% 32.25%
Stocks
1.58% 0.00% 99.64% 24.47%
Convertible Bonds
0.99% 0.00% 17.89% 55.21%
Cash
0.64% -52.00% 48.02% 90.07%
Preferred Stocks
0.08% 0.00% 4.97% 34.20%
Other
0.00% -39.08% 99.96% 85.02%

Stock Sector Breakdown

Weighting Return Low Return High XKIOX % Rank
Energy
54.72% 0.00% 100.00% 37.72%
Consumer Cyclical
40.06% 0.00% 100.00% 4.68%
Healthcare
5.22% 0.00% 22.17% 7.31%
Utilities
0.00% 0.00% 100.00% 91.23%
Technology
0.00% 0.00% 33.17% 93.27%
Real Estate
0.00% 0.00% 86.71% 90.35%
Industrials
0.00% 0.00% 93.12% 94.15%
Financial Services
0.00% 0.00% 100.00% 93.57%
Communication Services
0.00% 0.00% 99.99% 95.61%
Consumer Defense
0.00% 0.00% 100.00% 90.35%
Basic Materials
0.00% 0.00% 100.00% 92.11%

Stock Geographic Breakdown

Weighting Return Low Return High XKIOX % Rank
US
1.58% 0.00% 99.64% 24.59%
Non US
0.00% -0.01% 0.83% 91.21%

Bond Sector Breakdown

Weighting Return Low Return High XKIOX % Rank
Corporate
99.35% 0.00% 100.00% 5.22%
Cash & Equivalents
0.65% 0.00% 48.02% 80.13%
Derivative
0.00% -14.19% 42.26% 79.48%
Securitized
0.00% 0.00% 97.24% 91.68%
Municipal
0.00% 0.00% 1.17% 84.50%
Government
0.00% 0.00% 99.07% 88.91%

Bond Geographic Breakdown

Weighting Return Low Return High XKIOX % Rank
US
78.79% 0.00% 126.57% 85.18%
Non US
17.92% 0.00% 96.91% 8.31%

XKIOX - Expenses

Operational Fees

XKIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.12% 0.02% 38.33% 2.11%
Management Fee 1.10% 0.00% 1.75% 98.86%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

XKIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

XKIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XKIOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 78.62% 1.00% 255.00% 74.91%

XKIOX - Distributions

Dividend Yield Analysis

XKIOX Category Low Category High XKIOX % Rank
Dividend Yield 0.00% 0.00% 11.76% 99.19%

Dividend Distribution Analysis

XKIOX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

XKIOX Category Low Category High XKIOX % Rank
Net Income Ratio 8.49% -2.39% 9.30% 0.66%

Capital Gain Distribution Analysis

XKIOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XKIOX - Fund Manager Analysis

Managers

Christopher Sheldon


Start Date

Tenure

Tenure Rank

Jul 26, 2013

8.85

8.9%

Christopher A. Sheldon (San Francisco) joined KKR in 2004 and is a Member, Portfolio Manager, and Head of Leveraged Credit at KKR Asset Management (KAM). Mr. Sheldon is a member of the KKR Credit Advisors (US) LLC U.S. Leveraged Credit Investment Committee, Global Private Credit Investment Committee and the Adviser’s Portfolio Management Committee. Prior to his current role at KKR, Mr. Sheldon was responsible for opening the KAM London office in 2007 and for covering a number of sectors, including Technology, Media, Cable and Telecom. Before joining KKR, Mr. Sheldon was a Vice President, Senior Investment Analyst at Wells Fargo Bank, High Yield Securities Group and a participant of an investment team (Sutter Advisors LLC) that managed credit across a number of asset classes, with a primary focus on high yield. During his time at Wells Fargo, Mr. Sheldon was primarily responsible for generating investment ideas across a number of different sectors. He also held other various positions within Wells Fargo’s Commercial Lending groups prior to his position in High Yield Securities. Mr. Sheldon also worked at Young & Rubicam Advertising and at SFM Media Corporation in their media planning department. Mr. Sheldon has a B.A. from Denison University.

Jeremiah Lane


Start Date

Tenure

Tenure Rank

Jul 26, 2013

8.85

8.9%

Jeremiah S. Lane joined KKR Credit Advisors (US) LLC in 2005, and is a Member of KKR. Mr. Lane is a member of the KKR’s U.S. Leveraged Investment Committee, as well as a member of the KKR’s Portfolio Management Committee. Prior to joining KKR, Mr. Lane worked as an associate in the investment banking/technology, media and telecom group at J.P. Morgan Chase. Mr. Lane holds an A.B. with honors in History from Harvard University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.32 8.17