KKR Income Opportunities Fund (the “Fund”) (NYSE:KIO) today announced
that its portfolio holdings information as of August 31, 2013 is now
available at www.kkrfunds.com/kio
by clicking on Portfolio Holdings.
The Fund is a newly organized, non-diversified, closed-end management
investment company with no operating history. Investors should consider
the Fund’s investment objectives, risks, charges and expenses carefully
before investing.
The investment return, price, yields, market value and net asset value
(NAV) of the Fund's shares will fluctuate with market conditions.
Closed-end funds frequently trade at a discount to their NAV, which may
increase an investor’s risk of loss. There is no assurance that the Fund
will meet its investment objectives.
An investment in the Fund is not appropriate for all investors and is
not intended to be a complete investment program. The Fund is designed
as a long-term investment and not as a trading vehicle. Investors should
carefully review and consider the Fund’s investment objectives, risks,
charges and expenses before investing.
Investment return and principal value will fluctuate, and it is possible
to lose money by investing in the Fund. Past performance is not a
guarantee of future results. Please see the Fund’s prospectus for more
risk information.
Forward Looking Statements
This press release contains certain statements that may include
"forward-looking statements" within the meaning of the federal
securities laws. All statements, other than statements of historical
fact, included herein are "forward-looking statements." The
forward-looking statements are based on the Fund’s and KKR's beliefs,
assumptions and expectations of its future performance, taking into
account all information currently available to it. These beliefs,
assumptions and expectations can change as a result of many possible
events or factors, not all of which are known to the Fund or KKR or are
within their control. The Fund and KKR do not undertake any obligation
to update any forward-looking statements to reflect circumstances or
events that occur after the date on which such statements were made
except as required by law.
This document is not an offer to sell securities and is not
soliciting an offer to buy securities in any jurisdiction where the
offer or sale is not permitted.
KKR Income Opportunities Fund
KKR Income Opportunities Fund is a recently organized non-diversified,
closed-end management investment company managed by KKR Asset Management
LLC, as subsidiary of Kohlberg Kravis Roberts & Co. The Fund’s primary
investment objective is to seek a high level of current income with a
secondary objective of capital appreciation. The Fund will seek to
achieve its investment objective by investing primarily in first- and
second-lien secured loans, unsecured loans and high yield corporate debt
instruments. It will employ a dynamic strategy of investing in a
targeted portfolio of loans and fixed-income instruments of U.S. and
non-U.S. issuers and implementing hedging strategies in order to seek to
achieve attractive risk-adjusted returns.
About KKR Asset Management
Launched by KKR in 2004, KAM invests on behalf of its managed funds,
clients and accounts across long/short equities and the corporate credit
spectrum, including secured credit, bank loans and high yield securities
and alternative assets such as mezzanine financing, special situations
investing and structured finance. With more than 100 employees,
including approximately 50 investment professionals, KAM's investment
teams are closely aligned with KKR's wealth of private equity investment
and industry resources. KAM has $19.9 billion in assets under management
as of June 30, 2013.
About KKR
Founded in 1976 and led by Henry
Kravis and George
Roberts, KKR is a leading global investment firm with $83.5 billion
in assets under management as of June 30, 2013. With offices around the
world, KKR manages assets through a variety of investment funds and
accounts covering multiple asset classes. KKR seeks to create value by
bringing operational expertise to its portfolio companies and through
active oversight and monitoring of its investments. KKR complements its
investment expertise and strengthens interactions with fund investors
through its client relationships and capital markets platform. KKR & Co.
L.P. is publicly traded on the New York Stock Exchange (NYSE:KKR), and
“KKR,” as used in this release, includes its subsidiaries, their managed
investment funds and accounts, and/or their affiliated investment
vehicles, as appropriate.
Contact the Fund at (855) 859-3943 or visit the Fund’s website at www.kkrfunds.com/kio
for additional information.
Copyright Business Wire 2013