FS KKR Capital Corp. (FSK)
FS KKR Capital Corp. is a business development company specializing in investments in debt securities. It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S. companies. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans. In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration. It also seek to purchase minority interests in the form of common or preferred equity in our target companies, either in conjunction with one of the debt investments or through a co-investment with a financial sponsor. Additionally, on an opportunistic basis, the fund may also invest in corporate bonds and similar debt securities. The fund does not seek to invest in start-up companies, turnaround situations, or companies with speculative business plans. It seeks to invest in small and middle-market companies based in United States. The fund seeks to invest in firms with annual revenue between $10 million to $2.5 billion. It focus on providing customized one-stop credit solutions to private upper middle market companies with annual EBITDA of $50 million to $100 million at the time of investment. It seeks to exit from securities by selling them in a privately negotiated over- the- counter market. For any investments that are not able to be sold within the secondary market, the firm seeks to exit such investments through repayment, an initial public offering of equity securities, merger, sale or recapitalization.
$5.52B
Mr. Michael Craig Forman J.D.
Philadelphia, PA
Apr 16, 2014
8.76
$2.25
0.99
2.25
14.92%
11.43%
48.54%
8.75
0.37
0.83
4.25
2.25
4.19%
9.26%
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Vanguard Intermediate-Term Corporate Bond Index Fund
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Vanguard Quantitative Funds - Vanguard Growth and Income Fund
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WisdomTree Alternative Income Fund
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Similar stocks (14)
Ares Capital Corporation
ARCC
Main Street Capital Corporation
MAIN
Golub Capital BDC, Inc.
GBDC
Hercules Capital, Inc.
HTGC
Prospect Capital Corporation
PSEC
Sixth Street Specialty Lending, Inc.
TSLX
New Mountain Finance Corporation
NMFC
Capital Southwest Corporation
CSWC
Carlyle Secured Lending, Inc.
CGBD
PennantPark Floating Rate Capital Ltd.
PFLT
Eagle Point Credit Company Inc.
ECC
Trinity Capital Inc.
TRIN
BlackRock TCP Capital Corp.
TCPC
TriplePoint Venture Growth BDC Corp.
TPVG
ETF Exposure (16)
VanEck BDC Income ETF
BIZD
10.83%
ProShares Global Listed Private Equity ETF
PEX
8.21816194893118%
Invesco KBW High Dividend Yield Financial ETF
KBWD
3.01%
GraniteShares HIPS US High Income ETF
HIPS
2.511968730413031%
Invesco Global Listed Private Equity ETF
PSP
0.941%
Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF
GSIG
0.16%
FlexShares Ready Access Variable Income Fund
RAVI
0.0909%
Vanguard Short-Term Corporate Bond Index Fund
VCSH
0.05%
Schwab 5-10 Year Corporate Bond ETF
SCHI
0.03078225%
Vanguard Intermediate-Term Corporate Bond Index Fund
VCIT
0.03%
Vanguard Quantitative Funds - Vanguard Growth and Income Fund
VGIAX
0.03%
Vanguard Growth and Income Fund
VQNPX
0.03%
Schwab 1-5 Year Corporate Bond ETF
SCHJ
0.0290898662%
WisdomTree Alternative Income Fund
HYIN
0.027845%
Vanguard Intermediate-Term Bond Index Fund
BIV
0.01%
Schwab U.S. Aggregate Bond ETF
SCHZ
0.0019312668%