KKR Asset-Based Income Fund
Data through 2026-03-31 · latest filing N-23C3A filed 2026-06-03
Sponsored by KKR. Interval Fund structure focused on private credit.
Interval FundPrivate Credit
- Net assets
- $558.0M
source
Monthly portfolio report (Form N-PORT) · filed 2026-05-29 · period 2026-03-31
Net assets (N-PORT Part B, Item B.2)
Method Direct: read from a structured filing field
Open the filing on SEC.gov · Full observation history
Technical locator
as of 2026-03-31 - NAV / share
- $1,016.52
source
Shareholder report (Form N-CSR) · filed 2026-03-02 · period 2025-12-31
financial-highlights end-of-period NAV (fallback)
“Net asset value, end of period $ 1,016.52”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
Filed fund value · as of 2025-12-31 - Net flows, last qtr
- +0.0% qtr ended 2026-03-31
- Distribution coverage (NII)
- Pending Pending
- Leverage in use
- Pending Pending
- Total return, 12m
- Pending SEC-filed periodic NAV + distributions
What changed in the latest filings.
Current findings ordered by severity. Each observation remains traceable to its filed source.
No current red or yellow flags in filings reviewed through 2026-07-31.
Historical findings (2)
The Fund converted from a tender offer fund to an interval fund, adopting a new fundamental policy to conduct periodic repurchases pursuant to Rule 23c-3, effective July 2, 2025... (2025-07-02)
Proposal 1 put to shareholder vote: Adoption Of Fundamental Policy To Conduct Repurchase Offers. (2025-06-04)
How the fund has moved.
Net asset value, total return, capital flows, and distribution coverage across the filing record.
Filed performance
Pending. no exact Class I or accession-backed lowest-fee equivalent evidence; classes checked=0 [none]; filings catalogued=23; accession-bound class-term rows=0; raw class-term snippets=0
Monthly performance eligibility
Canonical class: not designated · basis: no qualifying monthly chain · qualifying history: 0 months.
What moved inside the book.
Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.
Pending
Where exit demand met the cap.
Stated cap: 5% of shares/quarter. The disclosed history shows no rationed period.
Not disclosed
How the balance sheet is funded.
Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.
Pending
How the offering is divided.
A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.
Pending
Current temporary management fee: 0.35% of net assets (current tier) per year, current as of 2026-03-31. Normalized contractual rate: 0.50% — 0.50% per year of month-end net assets after the temporary reduction ends.. Temporary reduction: 0.35% is temporary; the normalized contractual rate is 0.50% after the $1.0 billion threshold.. SEC source 0001193125-26-085487.
Canonical-class fee profile
| Class | Management | Incentive | Load | Servicing | Gross expenses | Net expenses |
|---|---|---|---|---|---|---|
| not designated | 0.35%temporary; 0.50% normalized | None
*
None. The standardized prospectus fee table contains no incentive/performance-fee line. SEC source 0001193125-26-196612 |
Pending | Pending | Pending | Pending |
| Fee component | Rate | Basis / class | Condition |
|---|---|---|---|
| Management · current temporary rate | 0.35% | All classes | Up to $1,000,000,000; Temporary while aggregate net assets are below $1.0 billion. |
| Management · normalized contractual rate | 0.50% | All classes | Over $1,000,000,000; Applies when aggregate net assets reach $1.0 billion. |
The evidence beneath the page.
Filed terms and recent documents remain available without crowding the primary research flow.
Term register (1)
| Term | Description | Value | Effective |
|---|---|---|---|
| advisory_fee_schedule | For the services it provides to the Fund, the Adviser receives an annual fee, payable monthly in arrears, in an amount equal to 0.50% of the Fund's month end net assets (the 'Management Fee'). The Adviser has agreed to temporarily reduce its Management Fee to an annual rate of 0.35% of the Fund's month end net assets until the Fund's aggregate net assets are equal to or greater than $1.0 billion, after which the full 0.50% contractual rate resumes. The Adviser earned $2.5 million and waived $0.7 million under this reduction for the fiscal year. | 0.5 pct_annual_of_month_end_net_assets | Pending |
Recent filings
| Filed | Form | Accession |
|---|---|---|
| 2026-06-03 | N-23C3A | 0001193125-26-255215 |
| 2026-05-29 | NPORT-P | 0000940400-26-022150 |
| 2026-04-30 | POS AMI | 0001193125-26-196612 |
| 2026-03-05 | N-23C3A | 0001193125-26-092127 |
| 2026-03-02 | NPORT-P | 0000940400-26-009589 |
| 2026-03-02 | N-CSR | 0001193125-26-085487 |
| 2025-12-03 | N-23C3A | 0001193125-25-306394 |
| 2025-11-28 | NPORT-P | 0000940400-25-011535 |
| 2025-09-03 | N-23C3A | 0001193125-25-194846 |
| 2025-08-29 | NPORT-P | 0001752724-25-212560 |
| 2025-08-29 | N-CSRS | 0001193125-25-192671 |
| 2025-06-04 | DEF 14A | 0001193125-25-134925 |
| 2025-05-28 | NPORT-P | 0001752724-25-125721 |
| 2025-03-07 | N-CSR | 0001193125-25-049100 |
| 2025-02-26 | NPORT-P | 0001752724-25-040264 |