KKC 0.86% $2.30 kkr credit income fund

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

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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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Last
$2.30
Change
-0.020(0.86%)
Mkt cap ! $741.8M
Open High Low Value Volume
$2.30 $2.31 $2.30 $416.4K 180.7K

Buyers (Bids)

No. Vol. Price($)
5 152511 $2.30
 

Sellers (Offers)

Price($) Vol. No.
$2.31 53000 7
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
$2.31
  Change
-0.020 ( 0.43 %)
Open High Low Volume
$2.31 $2.31 $2.30 165661
Last updated 15.59pm 17/06/2024 ?
KKC (ASX) Chart
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