KKR Credit Income fund Units (AU:KKC) has released an update.
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KKR Credit Income Fund reported a modest 0.22% return for November 2024, with high yield bonds outperforming loans and B-rated assets driving performance. The fund’s monthly distribution remains steady at A$0.0167 per unit, translating to an annual yield of 8.66% based on the ASX unit price of A$2.31. The portfolio, heavily invested in European Direct Lending, continues to navigate market dynamics with a yield-to-maturity of 9.5%.
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