KKR Income Opportunities Fund (KIO)
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. It employs fundamental analysis, with a focus on dynamic hedging strategies to create its portfolio. KKR Income Opportunities Fund was formed on March 17, 2011 and is domiciled in the United States.
Industry: Asset Management
KKR Income Opportunities Fund
NYSE:KIOFinancial Services · Asset Management
+0.92%$9.83
AH Close$9.83+0.00%vs close
AH$9.83+0.00%vs close
Mkt Cap$402.88M
Float40.96M
O/S40.99M
Inst Own25.4%
Div Yield14.83%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$35.21M
Net Income$23.29M
Total Assets$805.05M
Free Cash Flow$32.91M
Debt & Equity
Debt 30%
Equity 70%
Total Debt$222.6M
Total Equity$520.64M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in KIO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$805.05M
Liabilities$284.41M
Accounts Receivable$36.8M
Accounts Payable$58.77M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 |
| Revenue | $35.21M | $68.73M | $35.84M | -$56.63M | $66.05M | $17.94M | -$1.95M | $30.81M | $36.8M |
| YoY Growth | -48.8% | 91.8% | -163.3% | -185.7% | 268.2% | -1019.2% | -106.3% | -16.3% | - |
| Cost of Revenue | $8.81M | $10.45M | $8.23M | $5.87M | $6.34M | $5.96M | $5.79M | $6.6M | $0 |
| Gross Profit | $49.82M | $68.73M | $55.95M | -$60.68M | $59.72M | $11.98M | -$7.74M | $24.21M | $36.8M |
| Gross Margin | 141.5% | 100.0% | 156.1% | 107.2% | 90.4% | 66.8% | 396.5% | 78.6% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 |
| Selling, General, and Administrative | $1.88M | $1.93M | $1.4M | $1.09M | $1.35M | $1.36M | $1.47M | $1.31M | $840K |
| Other | $925K | $822K | $713K | $270K | $140K | $406K | $0 | $738K | $398K |
| Total Operating Expenses | $2.8M | $2.75M | $2.11M | $1.36M | $1.49M | $1.76M | $1.47M | $2.05M | $1.65M |
| Operating Income (EBIT) | $32.26M | $76.02M | $61.35M | -$57.99M | $68M | $19.81M | -$3.42M | $28.77M | $36.91M |
| Operating Margin | 91.6% | 110.6% | 171.2% | 102.4% | 103.0% | 110.4% | 175.2% | 93.4% | 100.3% |
| Interest Expense | $9.12M | $10.45M | $8.23M | $4.05M | $3.22M | $4.06M | $4.49M | $3.61M | $1.76M |
| Interest Income | $58.63M | $55.83M | $51.79M | $37.99M | $37.85M | $38.38M | $40.83M | $39.83M | $30.84M |
| Other Income (Expense) | -$8.97M | -$10.04M | -$7.52M | -$5.07M | -$3.45M | $16.18M | $0 | $0 | $0 |
| Income Before Tax (EBT) | $23.29M | $65.98M | $53.84M | -$62.04M | $64.56M | $16.18M | -$3.42M | $28.77M | $35.15M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$53K |
| Net Income | $23.29M | $65.98M | $53.84M | -$62.04M | $64.56M | $16.18M | -$3.42M | $28.77M | $35.15M |
| Net Income Margin | 66.1% | 96.0% | 150.2% | 109.6% | 97.7% | 90.2% | 175.2% | 93.4% | 95.5% |
| Supplementary Data | |||||||||
| EPS | 0.57 | 2.43 | 2.26 | -2.99 | 3.11 | 0.78 | -0.16 | 1.44 | 2.30 |
| Diluted EPS | 0.57 | 2.43 | 2.26 | -2.99 | 3.11 | 0.78 | -0.16 | 1.44 | 2.30 |
| Weighted Average OS | 40.99M | 27.12M | 23.82M | 20.76M | 20.76M | 20.76M | 20.76M | 19.98M | 15.28M |
| EBITDA | $32.26M | $76.02M | $62.07M | -$56.61M | $68.24M | $19.81M | -$2.17M | $28.77M | $72.11M |
| EBITDA Margin | 91.6% | 110.6% | 173.2% | 100.0% | 103.3% | 110.4% | 111.4% | 93.4% | 196.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $73.92M | $33.52M | $11.62M | $3.51M | $11.02M | $22.22M | $14.45M | $976K | $3.62M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $73.92M | $33.52M | $11.62M | $3.51M | $11.02M | $22.22M | $14.45M | $976K | $3.62M |
| Accounts Receivable | $36.8M | $10.14M | $32.04M | $12.89M | $27.85M | $7.57M | $11.26M | $9.73M | $11.3M |
| Inventory | $0 | $0 | $0 | $17.53M | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$10.14M | $91K | -$17.53M | $0 | -$29.79M | $0 | -$10.7M | $0 |
| Total Current Assets | $110.72M | $33.52M | $43.75M | $16.41M | $38.87M | $0 | $25.71M | $10.7M | $14.92M |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $694.24M | $558.38M | $512.75M | $413.53M | $519.57M | $471.38M | $457.24M | $505.02M | $392.03M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $102K | $0 | $0 | $0 | $0 | $0 | $0 | -$505.02M | -$392.03M |
| Total Long-Term Assets | $694.34M | $558.38M | $512.75M | $413.53M | $519.57M | $471.38M | $457.24M | $505.02M | $392.03M |
| Other Assets | $0 | $10.19M | $91K | $0 | $0 | $501.17M | $0 | $0 | $29K |
| Total Assets | $805.05M | $602.08M | $556.5M | $429.94M | $558.43M | $501.17M | $482.95M | $515.72M | $406.99M |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $58.77M | $32.57M | $6.84M | $2.47M | $31.51M | $13.3M | $13.81M | $5.82M | $7.85M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | -$2.1M | -$1.76M | -$1.42M | $0 | $0 | $0 | -$5.82M | -$7.85M |
| Total Current Liabilities | $58.77M | $32.57M | $6.84M | $2.47M | $31.51M | $13.3M | $13.81M | $5.82M | $7.85M |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $172.92M | $148.19M | $155.36M | $122.4M | $134.04M | $184.02M | $149.78M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $52.73M | $52.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $225.65M | $200.37M | $155.36M | $122.4M | $134.04M | $134.73M | $100.53M | $158.04M | $117.74M |
| Other Liabilities | $222.6M | $232.95M | $51.94M | $51.47M | $51.62M | $198.83M | $51.95M | $1.26M | $1.02M |
| Total Liabilities | $284.41M | $232.95M | $214.14M | $176.34M | $217.17M | $198.83M | $166.28M | $165.12M | $126.61M |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $624.86M | $431.53M | $431.51M | $361.98M | $362.19M | $362.34M | $362.47M | $362.48M | $290.12M |
| Retained Earnings | -$104.22M | -$62.4M | -$89.15M | -$108.38M | -$20.93M | -$60.01M | -$45.8M | -$11.87M | $375K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10.12M |
| Total Equity | $520.64M | $369.14M | $342.36M | $253.6M | $341.27M | $302.34M | $316.67M | $350.6M | $280.37M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $805.05M | $602.08M | $556.5M | $429.94M | $558.43M | $501.17M | $482.95M | $515.72M | $406.99M |
| Supplementary Data | |||||||||
| Total Debt | $222.6M | $197.79M | $155.36M | $122.4M | $134.04M | $184.02M | $100.53M | $158.04M | $117.74M |
| Net Debt | $148.69M | -$33.52M | $143.74M | $118.89M | $123.02M | $112.51M | $86.08M | $157.06M | $114.12M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 |
| Operating Activities | |||||||||
| Net Income | $23.29M | $65.98M | $53.84M | -$62.04M | $64.56M | $16.18M | -$3.42M | $28.77M | $35.15M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$23.71M | $23.28M | -$16.54M | $16.68M | -$20.51M | $3.71M | -$1.52M | $1.57M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $26.24M | $26.08M | $4.45M | -$28.84M | $18.41M | -$327K | $8.58M | -$1.95M | $0 |
| Other Working Capital | -$4.45M | -$221K | -$45K | -$50K | $339K | -$1.23M | -$303K | $195K | $0 |
| Total Working Capital Change | -$1.92M | $49.14M | -$12.14M | -$12.21M | -$1.77M | $2.15M | $6.75M | -$184K | $8.86M |
| Other Non-Cash Items | $11.54M | -$45.86M | -$101.43M | $85.01M | -$39.04M | $10.04M | $49.43M | -$113.54M | -$38.85M |
| Net Cash from Operating | $32.91M | $69.26M | -$59.73M | $10.76M | $23.75M | $28.36M | $52.76M | -$84.96M | $5.16M |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$670.23M | -$330.62M | -$357.99M | -$170.34M | -$419.3M | -$350.47M | -$301.07M | -$385.04M | $0 |
| Sales of Investments | $710.12M | $321.41M | $282.62M | $186.6M | $410.11M | $327.47M | $316.66M | $272.24M | $0 |
| Other Investing Activities | $0 | $9.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $39.89M | -$9.21M | -$75.37M | $16.26M | -$9.18M | -$23M | $15.59M | -$112.8M | $0 |
| Financing Activities | |||||||||
| Debt Repaid | -$18.88M | $8.25M | -$31.77M | $7.74M | $163K | -$33M | $58.78M | -$40.85M | -$14.73M |
| Common Stock Issuance | $1.48M | $0 | $69.83M | $0 | $0 | $0 | $50M | $72.35M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$50M | $0 | $0 |
| Dividends Paid | -$52.65M | -$39.12M | -$34.9M | -$25.63M | -$25.63M | -$30.51M | -$30.51M | -$30.89M | -$24.27M |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | -$54K | $0 | $0 | $0 |
| Net Cash from Financing | -$32.29M | -$47.37M | $66.7M | -$33.37M | -$25.79M | $2.44M | -$39.29M | $82.32M | -$9.54M |
| Forex Effect | -$111K | $8K | $22K | -$30K | $23K | -$24K | $809 | $0 | $0 |
| Net Change in Cash | $40.4M | $21.89M | $6.99M | -$6.38M | -$11.2M | $7.77M | $13.47M | -$2.64M | -$4.38M |
| Supplementary Data | |||||||||
| Operating Cash Flow | $32.91M | $69.26M | -$59.73M | $27.02M | $14.57M | $5.36M | $52.76M | -$84.96M | $5.16M |
| Capital Expenditure | $0 | $0 | $0 | -$4 | -$4 | -$3 | $0 | $0 | $0 |
| Free Cash Flow | $32.91M | $69.26M | -$59.73M | $27.02M | $14.57M | $5.36M | $52.76M | -$84.96M | $5.16M |
| Cash at Beginning | $33.52M | $11.63M | $4.63M | $11.02M | $22.22M | $14.45M | $976K | $3.62M | $8M |
| Cash at End | $73.92M | $33.52M | $11.62M | $4.63M | $11.02M | $22.22M | $14.45M | $976K | $3.62M |