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 March 2023
| 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) | 0.45% | 0.60% | -3.34% | -1.19% | -0.03% | 3.51% |
| Year-to-Date Return (non-annualized) | 4.37% | 3.58% | 3.60% | 0.0% | 3.23% | 7.03% |
| Annual Return since Inception | 2.14% | 5.43% | 7.04% | 3.02% | 3.58% | 11.02% |
(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
(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 | 3.00% |
| Cumulative Distribution1, 2 | 25.25% |
| NAV3 | 81.01% |
| Investor Value4 | 106.26% |
(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
