KKR Income Opportunities Fund
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Company profile

KKR Income Opportunities Fund (Fund) is a closed-end registered management investment company. The Fund’s primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. The fund is primarily engaged in investing targeted portfolio of loans and fixed-income instruments (including derivatives) of United States and non-United States issuers and implementing hedging strategies in order to seek to achieve attractive risk-adjusted returns. The Fund invests at least 80% of its Managed Assets in loans and fixed-income instruments or other instruments, including derivative instruments. The Fund's investment advisor is KKR Credit Advisors (US) LLC.

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Affirm, SoFi stocks drop ahead of earnings

12:10 pm ET November 10, 2021 (MarketWatch)

Wednesday afternoon marks an eventful period for financial-technology earnings, with Affirm Holdings Inc. (AFRM), SoFi Technologies Inc. (SOFI), and Marqeta Inc. (MQ) due to report, and all three stocks are falling ahead of those results. Affirm shares are down nearly 13%, while SoFi shares are off more than 4%, and Marqeta shares are down more than 3%. Investors seem to have high expectations for fintech companies this reporting season, as Toast Inc. (TOST) shares are getting burned despite a beat on headline metrics late Tuesday. Wednesday seems to be trending better for older-school fintech players, with shares of Mastercard Inc. (MA) up nearly 4% after the company delivered growth targets at its investor-day event that impressed at least one analyst. Shares of rival Visa Inc. [s; V] are up about 1% Wednesday.

-Emily Bary


(END) Dow Jones Newswires

November 10, 2021 12:10 ET (17:10 GMT)

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