It Will Likely Be A Good Year For FSK And Its Yield-Investors

2025-12-24 18:23:52 ET

FS KKR Capital Corp ( FSK ) was one of my first business development companies, or BDCs, that I included in my portfolio, back in late 2023. It was also one of the first BDCs that I covered on this platform, issuing a bullish article in December 2023. In that piece I compared FSK (at that time the second largest BDC) with Ares Capital ( ARCC ) (the largest BDC), and made a decision to go with the former due to a more compelling P/NAV multiple relative to the underlying NII generation....

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