Kkr Credit Income Fund (KKC) H2 2023 earnings summary

Executive summary

• The fund invests primarily in high yield bonds, leveraged loans, structured products, and select illiquid credit, aiming for attractive risk-adjusted returns through a diversified portfolio.

• No management or incentive fees are charged to the limited partner; all investments are made through interests in two master funds.

Financial highlights

• Total return for the year ended December 31, 2023, was 24.76%.

• Net investment income ratio to average partners' capital was 11.04%.

• Total expenses ratio to average partners' capital was 1.30%.

Outlook and guidance

• The fund continues to focus on a diversified credit strategy, with ongoing risk management and liquidity to meet commitments.