KKR Credit Income Fund Maintains Strong Performance

KKR Credit Income fund Units (AU:KKC) has released an update.

KKR Credit Income Fund (ASX:KKC) reports a slight dip of 0.32% in total returns for August 2024, with a distribution yield of 8.17% based on net tangible assets and 8.62% based on unit price. The fund’s performance since inception remains robust, with an annualized return of 4.51% and a cumulative total return of 23.79%. Despite some underperformance in certain holdings, KKC maintains a diverse portfolio, with new additions to its European Direct Lending segment and a consistent distribution estimate for the 2025 fiscal year.

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