Kkr Credit Income Fund (KKC) H2 2026 earnings summary

Executive summary

• The fund invests primarily in high yield bonds, leveraged loans, structured products, and illiquid credit, aiming for attractive risk-adjusted returns through a diversified portfolio across the Americas and EMEA regions.

• The 2025 financial statements were audited by Deloitte, with an unqualified opinion and no going concern issues identified.

Financial highlights

• Net income for 2025 was $17.5 million, driven by $26.1 million in interest and investment income, offset by $6.6 million in net realized and unrealized losses.

• Total return for the year was 6.82%, with a net investment income ratio of 9.01% and an expense ratio of 0.74% to average partners' capital.

• Partners' capital decreased from $268.6 million to $253.5 million after $62.6 million in distributions and $30 million in new contributions.

Outlook and guidance

• As of March 23, 2026, $15 million in new subscriptions were received from the KKR Global Credit Opportunities Access Fund L.P., indicating continued investor interest.