FS/KKR Advisor, LLC manages FS KKR Capital Corp. (NYSE: FSK), publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. We seek to invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S. companies to achieve the best risk-adjusted returns for our investors.
Key facts
Distribution frequency1
Quarterly
Inception date
9/18/2008
Listing date
4/16/2014
Merger date
6/16/2021
1 The timing and amount of any future distributions on FSK’s shares of common stock are subject to applicable legal restrictions and the sole discretion of its board of directors. There can be no assurance as to the amount or timing of any such future distributions.
Portfolio
as of March 31, 2021, and based on fair value unless otherwise noted
152
Portfolio companies1
23%
Fair value in top 10 portfolio companies2
87%
Of debt investments are floating rate3
8.6%
Weighted average annual yield on accruing debt investments4
64%
Of investments in senior secured debt4
$74M / 5.7x
Median portfolio company EBITDA & leverage
3.6%
Non-accrual rate
>95%
Lead, co-lead or sole lender5