BK Opportunities Fund 4

  • 2.0 CLO Equity and Mezzanine Fund in USD launched in 2017
  • Original size $101m, 5-year term
  • Launched in 2017 – Still live
  • No leverage
  • Cumulative Distribution since Inception: 84.0%
  • 2.0 CLO Equity and Mezzanine Fund in USD launched in 2017
  • Original size $101m, 5-year term
  • Launched in 2017 – Still live
  • No leverage
  • Cumulative Distribution since Inception: 84.0%
Fund returns are all net of fees

Fund and Market Performances as of 31 March 2023

BK Opp. Fund 4JPM CLO BB IndexJPM CLO B IndexHedge Fund IndexS&P LSTA Loan IndexS&P 500 Index
Monthly Return (non-annualized)1.55%0.60%-3.34%-1.19%-0.03%3.51%
Year-to-Date Return (non-annualized)5.37%3.58%3.60%0.00%3.23%7.03%
Annual Return since Inception5.81%%6.57%8.62%1.85%3.72%9.51%
¹ Based on the weighted average IRR return of each class of BK Opportunities Fund-4, since their respective inception date

Distribution

Quarterly Distribution5.25%
Cumulative Distribution - Since Mar. 2017¹97.75%
NAV as of 30 Jun. 2022¹28.75%
Investor Value (NAV + Cumulative Distrib.)¹126.50%
¹ Percentages are based on original par amount (i.e. number of shares)

Cumulative and Quarterly Distribution