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KKR Credit Income fund Units ( (AU:KKC) ) has shared an announcement.
KKR Credit Income Fund reported a monthly return of 1.49% in December 2024, driven by CCC and BB-rated assets. The fund also maintained a monthly distribution of A$0.0167 per unit, aligning with its annual target. Amidst a challenging market environment with high yield bonds underperforming, KKR Credit Income Fund’s diversified portfolio, particularly its European Direct Lending investments, contributed significantly to its performance. This update reinforces the fund’s strategic positioning to navigate fluctuating market conditions and deliver consistent returns to stakeholders.
More about KKR Credit Income fund Units
KKR Credit Income Fund is a company in the financial sector that focuses on credit investment. The fund offers a diversified range of credit instruments, including traded and private credit, with a significant portion of its portfolio invested in European Direct Lending. It aims to generate attractive risk-adjusted returns by leveraging its access to various asset classes and market opportunities.
YTD Price Performance: -1.26%
Average Trading Volume: 450,988
Technical Sentiment Consensus Rating: Sell
For detailed information about KKC stock, go to TipRanks’ Stock Analysis page.
