KKC 0.87% $2.29 kkr credit income fund

Yeah I think pretty much every LIC/LIT is trading at a...

  1. 440 Posts.
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    Yeah I think pretty much every LIC/LIT is trading at a significant discount. Realistically, I think a 7.5% discount is fair to account for less liquidity and a margin of safety. So any price below $2.20 is a good deal in my books (I have been topping up my holdings at around a 12.5% discount or more). Theoretically, if the fund can give a net return of 10% p.a. that might just be better than holding the ASX, and the discount will allow a margin of safety against some of the loans defaulting (maybe 1-2%).
 
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$2.29
Change
-0.020(0.87%)
Mkt cap ! $738.6M
Open High Low Value Volume
$2.31 $2.31 $2.29 $814.1K 353.9K

Buyers (Bids)

No. Vol. Price($)
6 50875 $2.29
 

Sellers (Offers)

Price($) Vol. No.
$2.30 70187 5
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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