BK Opportunities Fund 6
- Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- Cumulative Distribution since Inception: 40%
- Mezzanine Tranches US CLO
- Launched in 2019 – Still live
- Cumulative Distribution since Inception: 40%
Fund returns are all net of fees
Fund and Market Performances as of 30 June 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) | 1.78% | 2.32% | 1.78% | 0.76% | 2.26% | 6.47% |
| Year-to-Date Return (non-annualized) | 10.17% | 8.44% | 8.24% | 0.63% | 6.48% | 15.91% |
| Annual Return since Inception | 3.31% | 6.28% | 7.74% | 2.99% | 4.15% | 12.49% |
(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 | 14.75% |
| Cumulative Distribution1, 2 | 40.00% |
| NAV3 | 70.77% |
| Investor Value4 | 110.77% |
(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
