Portfolio | FS KKR Capital Corp.

Portfolio | FS KKR Capital Corp.


as of December 31, 2023, and based on fair value unless otherwise noted


Portfolio companies


Top 10 concentration3


Portfolio Fair Value


Weighted average annual yield on accruing debt investments4


Senior secured investments1

$111mm / 6.0x

Median portfolio company EBITDA & leverage2


Non-accrual rate at FV



Security exposure

Security exposure pie chart.
Senior Secured Loans—First Lien: 58.2%
Senior Secured Loans—Second Lien: 7.5%
Other Senior Secured Debt: 0.7%
Subordinated Debt: 2.2%
Asset Based Finance: 14.2%
Credit Opportunities Partners JV, LLC: 9.5%
Preferred Equity: 5.8%
Equity/Other: 1.9%

Sector exposure across top 10 industries

Sector exposure pie chart.
Software & services: 16.9%
Capital goods: 13.5%
Commercial & professional services: 12.5%
Health care equipment & services: 11.7%
Credit Opportunities Partners JC, LLC: 9.5%
Financial services: 6.7%
Insurance: 5.7%
Media & entertainment: 4.9%
Transportation: 3.1%
Equity Real Estate Investment Trusts (REITs): 2.0%
Other: 13.5%
View important footnotes + disclosures

Note: Does not look through to FSK’s portfolio companies held solely in COPJV.

  • Looking through to the investments in COPJV, senior secured investments total 75.1% as of December 31, 2023.
  • Based on underlying Direct Origination corporate investments using most recently reported financial information and may include pro forma adjustments. Certain Asset Based Finance, Equity/Other and portfolio companies with negative or de minimis EBITDA are excluded.
  • Figure excludes the impact of FSK’s investment in COPJV.
  • Excludes the impact of the Merger. See FSK’s Annual Report on Form 10-K for additional information on the calculation of weighted average annual yield on accruing debt investments. On a GAAP basis, FSK’s weighted average annual yield on accruing debt investments was 12.7% as of December 31, 2023.
  • Included within Equity/Other in FSK’s Quarterly and Annual Reports on Form 10-Q and 10-K, respectively.