KKR Funds

Distribution History*

KKR Income Opportunities Fund (Sym: KIO)

Ex- Date

Record Date

Payable Date

Distribution

Distribution Type

Section 19A Notification

October 9, 2013

October 11, 2013

October 28, 2013

$0.125

Ordinary Income

N/A

November 7, 2013

November 11, 2013

November 24, 2013

$0.125

Ordinary Income

N/A

December 12, 2013

December 16, 2013

December 30, 2013

$0.125

Ordinary Income

N/A

December 26, 2013

December 30, 2013

January 31, 2014

$0.163

Special

N/A

January 9, 2014

January 13, 2014

January 27, 2014

$0.125

Ordinary Income

N/A

February 6, 2014

February 10, 2014

February 24, 2014

$0.125

Ordinary Income

N/A

March 13, 2014

March 17, 2014

March 31, 2014

$0.125

Ordinary Income

N/A

April 16, 2014

April 21, 2014

April 28, 2014

$0.125

Ordinary Income

N/A

May 15, 2014

May 19, 2014

May 27, 2014

$0.125

Ordinary Income

N/A

June 12, 2014

June 16, 2014

June 30, 2014

$0.125

Ordinary Income

N/A

July 10, 2014

July 14, 2014

July 28, 2014

$0.125

Ordinary Income

N/A

August 14, 2014

August 18, 2014

August 25, 2014

$0.125

Ordinary Income

N/A

September 11, 2014

September 15, 2014

September 29, 2014

$0.125

Ordinary Income

N/A

October 8, 2014

October 13, 2014

October 27, 2014

$0.125

Ordinary Income

October

November 13, 2014

November 17, 2014

November 24, 2014

$0.125

Ordinary Income

N/A

December 11, 2014

December 15, 2014

December 29, 2014

$0.125

Ordinary Income

December

December 26, 2014

December 30, 2014

January 30, 2015

$0.149

Special

N/A

January 8, 2015

January 12, 2015

January 26, 2015

$0.125

Ordinary Income

N/A

February 5, 2015

February 9, 2015

February 23, 2015

$0.125

Ordinary Income

N/A

March 12, 2015

March 16, 2015

March 30, 2015

$0.125

Ordinary Income

March

April 16, 2015

April 20, 2015

April 27, 2015

$0.125

Ordinary Income

April

May 14, 2015 May 18, 2015 May 26, 2015 $0.125 Ordinary Income

May

June 11, 2015 June 15, 2015 June 29, 2015 $0.125 Ordinary Income

June

July 19, 2015 July 13, 2015 July 27, 2015 $0.125 Ordinary Income

July

August 13, 2015 August 17, 2015 August 31, 2015 $0.125 Ordinary Income N/A
September 10, 2015 September 14, 2015 September 28, 2015 $0.125 Ordinary Income

September

October 8, 2015 October 13, 2015 October 26, 2015 $0.125 Ordinary Income October
November 12, 2015 November 16, 2015 November 30, 2015 $0.125 Ordinary Income N/A
December 10, 2015 December 14, 2015 December 31, 2015 $0.125 Ordinary Income N/A
January 14, 2016 January 18, 2016 January 29, 2016 $0.125 Ordinary Income January
February 11, 2016 February 16, 2016 February 29, 2016 $0.125 Ordinary Income February
March 10, 2016 March 14, 2016 March 31, 2016 $0.125 Ordinary Income March
April 14, 2016 April 18, 2016 April 29, 2016 $0.125 Ordinary Income April
May 12, 2016 May 13, 2016 May 31, 2016 $0.125 Ordinary Income N/A
June 9, 2016 June 13, 2016 June 30, 2016 $0.125 Ordinary Income N/A
July 14, 2016 July 18, 2016 July 29, 2016 $0.125 Ordinary Income N/A
August 11, 2016 August 15, 2016 August 31, 2016 $0.125 Ordinary Income N/A
September 8, 2016 September 12, 2016 September 30, 2016 $0.125 Ordinary Income N/A
October 13, 2016 October 17, 2016 October 31, 2016 $0.125 Ordinary Income N/A
November 10, 2016 November 14, 2016 November 30, 2016 $0.125 Ordinary Income N/A
December 8, 2016 December 12, 2016 December 30, 2016 $0.125 Ordinary Income N/A
January 12, 2017 January 17, 2017 January 31, 2017 $0.125 Ordinary Income N/A
February 9, 2017 February 13, 2017 February 28, 2017 $0.125 Ordinary Income N/A
March 9, 2017 March 13, 2017 March 31, 2017 $0.125 Ordinary Income N/A
April 13, 2017 April 18, 2017 April 28, 2017 $0.125 Ordinary Income N/A
May 11, 2017 May 15, 2017 May 31, 2017 $0.125 Ordinary Income N/A
June 8, 2017 June 12, 2017 June 30, 2017 $0.125 Ordinary Income N/A
July 13, 2017 July 17, 2017 July 31, 2017 $0.125 Ordinary Income N/A

* The distribution is expected to be paid from net investment income (regular interest and dividends). The final tax characterization of the dividend may differ substantially from this preliminary information, which is based on estimates, and the final characterization of such much amount will be determined in early part of the following calendar year. If necessary, the Fund will pay an adjusting distribution in December that includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code. In January or February of each year, investors will be sent a Form 1099-DIV for the previous calendar year that will define how to report these distributions for federal income tax purposes.