FSK - Perfect For Retirement: 13%-Yielding FS KKR Is Both Cheap And Reliable
2024-01-30 07:17:28 ET
Summary
- FS KKR Capital offers a reliable cash flow option for income-focused investors, trading at a 20% discount to its book value.
- Despite a challenging economic environment, FSK's portfolio and strategic initiatives contribute to its resilience.
- With a 13.5% annualized yield and a solid credit rating, FSK stock presents an appealing opportunity for income-focused investors, but caution is advised due to inherent risks.
Introduction
Although I am not one of them due to my focus on dividend growth over income, some investors depend on generating as much cash flow from their investments as possible.
That makes sense. After all, most people have the goal to eventually retire from the wealth they have built.
The problem is finding the right tools, as high yields often come with elevated risks. From my experience, many companies on the market with elevated yields tend to perform poorly when it comes to capital gains....
Perfect For Retirement: 13%-Yielding FS KKR Is Both Cheap And Reliable