KKR Income Opportunities Fund Declares Monthly Distributions of $0.125 Per Share

NEW YORK--(BUSINESS WIRE)--KKR Income Opportunities Fund (the “Fund”) (NYSE: KIO) today announced its monthly distributions of $0.125 per common share, payable on the dates below. Based on the Fund’s initial public offering price of $20.00 per share and current share price of $15.84 per share (as of market close on January 28, 2020), the distributions represent an annualized distribution rate of 7.5% and 9.47% respectively (calculated by annualizing the distribution amount and dividing it by the IPO share price or current price, as the case may be).