A multi-sector asset-based finance strategy. Under normal circumstances at least 80% of net assets plus borrowings is invested in ABF Investments across four sectors: consumer and mortgage finance, commercial finance, hard assets, and contractual cash flows. Exposure is taken directly and through private vehicles, joint ventures and special purpose vehicles, spanning privately sourced loans, securitizations, equity in origination platforms, interests in diversified loan pools, and CLO tranches. The Fund may invest without limit in below-investment-grade and unrated instruments and in first-loss or subordinated tranches. Before December 17, 2025 it ran an opportunistic traded-credit strategy as KKR Credit Opportunities Portfolio.