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KIO - Distribution Cut At KKR Income Opportunities Fund Not Unexpected
November, 25 2020 05:56 AM
KKR Income Opportunities Fund
KIO reduced their distribution by -16% this month. This ends the fund's streak of 7 years of unbroken distributions. The cut was not unexpected based on declining NII and lower leverage numbers. Silver lining: share price barely reacted as the fund was already at a decent discount. For further details see:
Distribution Cut At KKR Income Opportunities Fund Not Unexpected
Stock Information
Company Name:
KKR Income Opportunities Fund
Stock Symbol:
KIO
Market:
NYSE
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