KKR Income Opportunities Fund is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It seeks to achieve its investment objectives by employing a strategy of investing in a targeted portfolio of loans and fixed-income instruments of the United States and the non-United States issuers. Under normal market conditions, it invests approximately 80% of its managed assets in loans and fixed-income instruments or other instruments. It expects to invest in first-and second lien secured loans, unsecured loans and high-yield corporate debt instruments of varying maturities. It invests in sectors, such as banks, building products, chemicals, communications equipment, diversified telecommunication services, electric utilities, insurance, information technology services, machinery and media. KKR Credit Advisors (US) LLC is the Fund's investment advisor.