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 December 2022

BK Opp. Fund 4JPM CLO BB IndexJPM CLO B IndexHedge Fund IndexS&P LSTA Loan IndexS&P 500 Index
Monthly Return (non-annualized)-0.71%1.35%0.50%-0.06%0.44%-5.90%
Year-to-Date Return (non-annualized)3.02%-3.82%-6.39%-4.41%-0.60%-19.44%
Annual Return since Inception5.55%6.22%8.34%1.93%3.35%10.63%
¹ Based on the weighted average IRR return of each class of BK Opportunities Fund-4, since their respective inception date

Distribution

Quarterly Distribution8.50%
Cumulative Distribution - Since Mar. 2017¹92.50%
NAV as of 30 Jun. 2022¹32.26%
Investor Value (NAV + Cumulative Distrib.)¹124.76%
¹ Percentages are based on original par amount (i.e. number of shares)

Cumulative and Quarterly Distribution