November 17, 2016 - By Darrin Black · 0 Comments
KKR Income Opportunities Fund (NYSE:KIO) institutional sentiment decreased to 0.88 in Q2 2016. Its down -0.41, from 1.29 in 2016Q1. The ratio has dropped, as 14 funds increased or opened new equity positions, while 16 reduced and sold their holdings in KKR Income Opportunities Fund. The funds in our partner’s database now possess: 2.41 million shares, down from 2.70 million shares in 2016Q1. Also, the number of funds holding KKR Income Opportunities Fund in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 10 Increased: 10 New Position: 4.
KKR Income Opportunities Fund is a non-diversified, closed-end management investment company. The company has a market cap of $232.49 million. The Fund’s primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It currently has negative earnings. It seeks to achieve its investment objectives by employing a strategy of investing in a targeted portfolio of loans and fixed-income instruments of the United States and the non-United States issuers.
The stock decreased 0.59% or $0.09 on November 16, hitting $15.15. KKR Income Opportunities Fund (NYSE:KIO) has risen 6.92% since April 15, 2016 and is uptrending. It has outperformed by 2.29% the S&P500.
Highlander Capital Management Llc holds 0.84% of its portfolio in KKR Income Opportunities Fund for 60,780 shares. Shaker Financial Services Llc owns 57,930 shares or 0.61% of their US portfolio. Moreover, Rivernorth Capital Management Llc has 0.14% invested in the company for 147,988 shares. The Virginia-based Yorktown Management & Research Co Inc has invested 0.12% in the stock. Capital Investment Advisors Llc, a Georgia-based fund reported 61,041 shares.#img1#
More notable recent KKR Income Opportunities Fund (NYSE:KIO) news were published by: Businesswire.com which released: “KKR Income Opportunities Fund Declares Monthly Distributions of $0.125 Per Share” on October 13, 2016, also Seekingalpha.com with their article: “KKR Income Opportunities: Good Entry Point For A 10% Yielder” published on December 01, 2015, Investmentnews.com published: “Timing is everything: KKR’s first fund falls flat” on August 05, 2013. More interesting news about KKR Income Opportunities Fund (NYSE:KIO) were released by: Forbes.com and their article: “KKR Shuts Down Flawed Mutual Funds” published on February 11, 2014 as well as Seekingalpha.com‘s news article titled: “In Search Of Income: High-Yield Bond CEFs (Part I)” with publication date: December 17, 2014.
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By Darrin Black