KKR Income Opportunities Fund (NYSE:KIO – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.01 and traded as low as $13.66. KKR Income Opportunities Fund shares last traded at $13.68, with a volume of 127,396 shares changing hands.
KKR Income Opportunities Fund Stock Performance
The stock’s 50 day simple moving average is $14.41 and its 200-day simple moving average is $14.01.
KKR Income Opportunities Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.1215 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.46 dividend on an annualized basis and a yield of 10.66%.
Hedge Funds Weigh In On KKR Income Opportunities Fund
KKR Income Opportunities Fund Company Profile
KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.
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