KIO - KKR Income Opportunities Fund
A closed-end fund run by KKR. Invests in bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
Not right now - Sit Investment was in this fund until July 7, 2025 and has since sold down.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
Sit Investment owned more than 5% of this fund and has since sold down below that level, so it no longer has to report its holding.
Nothing is required of you. If a large investor buys in again, the notice appears here the day it is filed.
What happened, and when
-
Sept 19, 2025
The fund said it may sell new shares.
Original document → -
July 7, 2025
Sit Investment sold down below 5% and stopped reporting.
Original document → -
May 12, 2025
The fund said it may sell new shares.
Original document → -
May 12, 2025
The fund said it may sell new shares.
Original document → -
April 2, 2025
Sit Investment now owns 5.5%, as a passive investor.
Original document →
Show all 10 events
-
Dec 23, 2024
The fund proposed taking in Insight Select Income Fund; holders of that fund would become holders of this one. Holders vote on Jan 10, 2025. Latest document Oct 9, 2024.
Original document → -
Dec 20, 2024
The fund said it may sell new shares.
Original document → -
Dec 6, 2024
The fund proposed taking in Insight Select Income Fund; holders of that fund would become holders of this one. Holders vote on Jan 10, 2025.
Original document → -
Nov 27, 2024
The fund proposed taking in Insight Select Income Fund; holders of that fund would become holders of this one. Holders vote on Dec 20, 2024.
Original document → -
Oct 10, 2024
The fund proposed taking in Insight Select Income Fund; holders of that fund would become holders of this one. Holders vote on Dec 20, 2024.
Original document →
About this fund
- Run by KKR Credit Advisors (US) LLC. Part of the KKR Real Estate Select Trust, KKR Credit Opportunities Portfolio, KKR Asset-Based Income Fund, and KKR US Direct Lending Fund-U Inc fund family. As of Oct 31, 2025, from the fund's yearly report. Original document →
- Size: about $493 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 37% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. About 18% of that is money the fund has borrowed by selling preferred shares. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 1.4% a year in management fees; 4.1% a year in total, including interest on borrowed money. Fiscal year ended Oct 31, 2025. As of Oct 31, 2025, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended Oct 31, 2025) the fund paid $1.43 a share, all of it income. As of Oct 31, 2025, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (Oct 31, 2025): $12.70. The shares traded at $12.11, about 4.7% below that.
As of Oct 31, 2025, from the fund's yearly report. Original document →
Over the last two years the gap ranged from 10.9% below to 9.8% above. As of Oct 31, 2025, from the fund's annual report. Original document → - How the holdings did: up 1% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +8.1%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- How the share price did: the shares returned -2.5% over the last fiscal year (ended Oct 31, 2025), counting payouts and the change in the market price. As of Oct 31, 2025, from the fund's annual report. Original document →
- First reported to the regulator in 2011.
What the fund holds
Mostly loans (49%), the rest bonds, asset-backed bonds and shares. About 67% issued in the U.S.
- Gainwell Acquisition - 4.2%
- Pai Holdco - 3.7%
- Nep Group - 3.2%
- Motion Bondco Dac - 4.5%
- Ncl Corporation - 2.7%
- Cwgs Group LLC - 2.4%
- Burgess Point Purchaser - 2.1%
- Oscar Acquisitionco LLC - 2%
- American Trailer World - 1.9%
- Bme Group Holding Bv - 1.8%
Show all 24
- Maxim Crane Works Holdings Capital LLC - 1.8%
- Capstone Borrower - 1.8%
- Beach Acquisition Bidco LLC - 1.6%
- Chemours Co/The - 1.5%
- Fertitta Entertainment LLC / Fertitta Entertainment Finance - 1.5%
- Vision Solutions - 1.5%
- Miwd Hldco Ii/Miwd Fin, MIWD Holdco II LLC / MIWD Finance Corp - 1.5%
- Realpage - 1.5%
- Park River Holdings - 1.4%
- Mcafee - 1.4%
- Solera LLC - 1.4%
- Aimbridge Hospitality 3/25 - 1.4%
- Brock Holdings III LLC - 1.4%
- Level 3 Financing - 1.3%
As of April 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| July 7, 2025 | Sit Investment | 4.3% | Sold down below 5% |
| April 2, 2025 | Sit Investment | 5.5% | Passive investor |
| Date | What | Deadline | Document |
|---|---|---|---|
| Sept 19, 2025 | May sell new shares | none | Original document → |
| May 12, 2025 | May sell new shares | none | Original document → |
| May 12, 2025 | May sell new shares | none | Original document → |
| Dec 23, 2024 | Plan to take in Insight Select Income Fund | Jan 10, 2025 | Original document → |
| Dec 20, 2024 | May sell new shares | none | Original document → |
| Dec 6, 2024 | Plan to take in Insight Select Income Fund | Jan 10, 2025 | Original document → |
| Nov 27, 2024 | Plan to take in Insight Select Income Fund | Dec 20, 2024 | Original document → |
| Oct 10, 2024 | Plan to take in Insight Select Income Fund | Dec 20, 2024 | Original document → |
- Run by
- KKR Credit Advisors (US) LLC
- Fund family
- KKR Real Estate Select Trust, KKR Credit Opportunities Portfolio, KKR Asset-Based Income Fund, and KKR US Direct Lending Fund-U Inc.
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-22543
- Auditor
- Deloitte & Touche LLP
- Fiscal year end
- Oct 31, 2025
- Number of holdings
- 358
- Preferred share classes
- 1
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