BK Opportunities Fund 6
- Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- Cumulative Distribution since Inception: 87.0%
- Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- Cumulative Distribution since Inception: 87.0%
Fund returns are all net of fees
Fund and Market Performances as of 30 September 2024
| BK Opp. Fund 6 | JPM CLO BB Index7 | Palmer Square index | Eurekahedge Hedge Fund Index8 | S&P Loan Index9 | S&P 500 | |
|---|---|---|---|---|---|---|
| Monthly Return (non-annualized) | 2.1% | 1.5% | 0.9% | 1.3% | 0.7% | 2.0% |
| Year-to-Date Return (non-annualized) | 13.3% | 14.2% | 10.4% | 6.1% | 6.5% | 20.8% |
| Annual Return since Inception | 6.9% | 10.2% | 7.1% | 4.5% | 5.6% | 14.8% |
(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 | 13.5% |
| Cumulative Distribution1, 2 | 87.00% |
| NAV3 | 43.2% |
| Investor Value4 | 130.2% |
(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
