BK Opportunities Fund 6
- Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- Cumulative Distribution since Inception: 59.0%
- Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- Cumulative Distribution since Inception: 59.0%
Fund returns are all net of fees
Fund and Market Performances as of 31 December 2023
BK Opp. Fund 6 | JPM CLO BB Index7 | JPM CLO B Index7 | Eurekahedge Hedge Fund Index8 | S&P Loan Index9 | S&P 500 | |
---|---|---|---|---|---|---|
Monthly Return (non-annualized) | 5.0% | 2.9% | 3.3% | 1.1% | 1.6% | 4.4% |
Year-to-Date Return (non-annualized) | 30.3% | 24.5% | 26.8% | 4.8% | 13.3% | 24.2% |
Annual Return since Inception | 5.8% | 8.8% | 10.6% | 3.9% | 5.1% | 12.7% |
(7) Based on the total return level of the JPMorgan CLO Index “CLOIE” for post-crisis CLO tranches rated BB (respectively B).
(8) This is the Institutional 200 index designed to represent the overall hedge fund universe.
(9) S&P LSTA US Leverage Loan Index Total Return, sums principal, interest and reinvestment returns
(8) This is the Institutional 200 index designed to represent the overall hedge fund universe.
(9) S&P LSTA US Leverage Loan Index Total Return, sums principal, interest and reinvestment returns
Distribution
Quarterly Distribution1 | 5.50% |
Cumulative Distribution1, 2 | 59.00% |
NAV3 | 63.22% |
Investor Value4 | 122.22% |
(1) Cash on cash, based on the Contribution Amount — (2) Since inception of BK Opportunities Fund-6, May 2019 — (3) Net Asset Value after distributions as of 31st December 2023, as a percentage of Contribution Amount — (4) Sum of the cumulative distributions since inception and the 31st December 2023 NAV