KKR Income Opportunities Fund Q1 2023 Investor Call Now Available
May 24 2023 - 5:32PM
Business Wire
KKR Income Opportunities Fund (the “Fund”) (NYSE: KIO) announced
today that the Q1 2023 investor call is now available on the Fund’s
website. Tom Hobby and Richard Schoenfeld hosted the call and
provided market color and portfolio updates for the first quarter
of 2023. Richard Schoenfeld is a Director and senior investment
professional on the KKR U.S. Leveraged Credit Team, and Tom Hobby
is a Principal and member of KKR’s Client and Partner Group.
https://www.kkrfunds.com/kio
The Fund is a diversified, closed-end fund. Investors should
consider the Fund’s investment objectives, risks, charges and
expenses carefully before investing. Please see below for
additional important information and disclaimers.
About KKR Income Opportunities Fund
KKR Income Opportunities Fund is a diversified, closed-end
management investment company managed by KKR Credit Advisors (US)
LLC (“KKR Credit”), an indirect subsidiary of KKR & Co. Inc.
(“KKR”). The Fund’s primary investment objective is to seek a high
level of current income with a secondary objective of capital
appreciation. The Fund will seek to achieve its investment
objective by investing primarily in first- and second-lien secured
loans, unsecured loans and high yield corporate debt instruments.
It expects to employ a dynamic strategy of investing in a targeted
portfolio of loans and fixed-income instruments of U.S. and
non-U.S. issuers and implementing hedging strategies in order to
achieve attractive risk-adjusted returns. Please visit
www.kkrfunds.com/kio for additional information.
About KKR Credit
Launched by KKR in 2004, KKR Credit invests on behalf of its
managed funds, clients and accounts across the corporate credit
spectrum, including secured credit, bank loans and high yield
securities and alternative assets such as mezzanine financing,
strategic investments and structured finance. With over 450
employees, including approximately 190 investment professionals,
KKR Credit’s investment teams are closely aligned with KKR’s wealth
of private equity investment and industry resources.
About KKR
KKR is a leading global investment firm that offers alternative
asset management as well as capital markets and insurance
solutions. KKR aims to generate attractive investment returns by
following a patient and disciplined investment approach, employing
world-class people, and supporting growth in its portfolio
companies and communities. KKR sponsors investment funds that
invest in private equity, credit and real assets and has strategic
partners that manage hedge funds. KKR’s insurance subsidiaries
offer retirement, life and reinsurance products under the
management of Global Atlantic Financial Group. References to KKR’s
investments may include the activities of its sponsored funds and
insurance subsidiaries. For additional information about KKR &
Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and
on Twitter @KKR_Co.
Forward Looking Statements
This press release contains certain statements that may include
"forward-looking statements" within the meaning of the federal
securities laws. All statements, other than statements of
historical fact, included herein are "forward-looking statements."
The forward-looking statements are based on the Fund’s and KKR's
beliefs, assumptions and expectations of its future performance,
taking into account
all information currently available to them. These beliefs,
assumptions and expectations can change as a result of many
possible events or factors, not all of which are known to the Fund
or KKR or are within their control. The Fund and KKR do not
undertake any obligation to update any forward-looking statements
to reflect circumstances or events that occur after the date on
which such statements were made except as required by law.
Fund Disclaimer
This press release is not an offer to sell securities and is not
soliciting an offer to buy securities in any jurisdiction where the
offer or sale is not permitted. Investors should consider the
Fund’s investment objectives, risks, charges and expenses carefully
before investing. The prospectus, which contains this and other
important information about the Fund, should be read carefully
before investing. A copy of the prospectus can be obtained on the
Fund’s website. An investment in the Fund should not constitute a
complete investment program.
The investment return, price, distribution rate, market value
and net asset value (“NAV”) of a fund's shares will fluctuate with
market conditions. Closed-end funds frequently trade at a discount
to their NAV, which may increase an investor’s risk of loss. There
is no assurance that the Fund will meet its investment objective.
The Fund’s distribution rate may be affected by numerous factors,
including changes in realized and projected market returns, Fund
performance, and other factors. There can be no assurance that a
change in market conditions or other factors will not result in a
change in a Fund distribution rate at a future time.
An investment in the Fund is not appropriate for all investors
and is not intended to be a complete investment program. An
investment in the Fund involves risks, including the risk that you
may receive little or no return on your investment or that you may
lose part or even all of your investment. Therefore, prospective
investors should consider carefully the Fund’s investment
objectives, risks, charges and expenses and should consult with a
tax, legal or financial advisor before making any investment
decision. The market price and the NAV of the Fund’s shares will
fluctuate, and it is possible to lose money by investing in the
Fund. Past performance is not a guarantee of future results.
The Fund will invest in loans and other types of fixed‐income
instruments and securities. Such investments may be secured,
partially secured or unsecured and may be unrated, and whether or
not rated, may have speculative characteristics. The market price
of the Fund’s investments will change in response to changes in
interest rates and other factors. Generally, when interest rates
rise, the values of fixed‐ income instruments fall, and vice
versa.
Use of leverage creates an opportunity for increased income and
return for Common Shareholders but, at the same time, creates
risks, including the likelihood of greater volatility in the NAV
and market price of, and distributions on, the Common Shares. In
particular, leverage may magnify interest rate risk, which is the
risk that the prices of portfolio securities will fall (or rise) if
market interest rates for those types of securities rise (or fall).
As a result, leverage may cause greater changes in the Fund’s NAV,
which will be borne entirely by the Fund’s Common Shareholders.
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version on businesswire.com: https://www.businesswire.com/news/home/20230524005941/en/
Investor Relations: (855) 330-3927 KIOIR@KKR.com
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