BK Opportunities Fund 6
- 2 Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- No leverage
- Cumulative Distribution since Inception: 20.5%
- 2 Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- No leverage
- Cumulative Distribution since Inception: 20.5%
Fund returns are all net of fees
Fund and Market Performances as of 31 December 2022
BK Opp. Fund 6 | JPM CLO BB Index7 | JPM CLO B Index7 | Hedge Fund Index8 | S&P LSTA Loan Index9 | S&P 500 Index | |
---|---|---|---|---|---|---|
Monthly Return (non-annualized) | 2.56% | 1.35% | 0.50% | -0.06% | 0.44% | -5.90% |
Year-to-Date Return (non-annualized) | -5.41% | -3.82% | -6.39% | -4.41% | -0.60% | -19.44% |
Annual Return since Inception | 1.11% | 4.79% | 6.49% | 3.23% | 2.97% | 9.72% |
(7) Based on the total return level of the JPMorgan CLO Index “CLOIE” for post-crisis CLO tranches rated BB (respectively B).
(8) 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 | 1.75% |
Cumulative Distribution1, 2 | 22.25% |
NAV3 | 80.49% |
Investor Value4 | 102.74% |
(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 30th June 2021, as a percentage of Contribution Amount — (4) Sum of the cumulative distributions since inception and the 30th June 2021 NAV