FSK

stressed

FS KKR Capital Corp

Valuation

Price$17.81

NAV / Share$20.89

NAV Discount-14.7%

Portfolio FV$15.1B

Credit Quality

PIK %14.4%

Non-Accrual %3.4%

NII Covers DivNO

Income

Dividend Yield13.2%

SponsorKKR / FS Investments

Top Sectors

SoftwareHealthcareBusiness Services

Analysis

NAV down 11.7% in one year. Dividend slashed 31% ($0.70 to $0.48). Net losses $2.30/share. Fitch negative outlook. Specific losses: PRG, Medallia, Peraton.

Sponsor

KKR & Co.$638B AUM