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home / news releases / KIO - KIO: 12% Yield From This Fixed Income CEF


KIO - KIO: 12% Yield From This Fixed Income CEF

Summary

  • KIO is a high-yield bond / leveraged loan CEF from KKR.
  • The fund is overweight CCC credits and has leverage on top, running significant credit risk.
  • With CCC credits all-in yields now close to 17% and forecasted default rates, which are not apocalyptic, the collateral is starting to price in a full recession.
  • This article covers CEFs from our suite of products - we focus on macro portfolio allocation, CEFs, and yield-generating options strategies, targeting overall yearly portfolio returns of 9%+.

For further details see:

KIO: 12% Yield From This Fixed Income CEF
Stock Information

Company Name: KKR Income Opportunities Fund
Stock Symbol: KIO
Market: NYSE

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