FS KKR Capital Corp.'s SEC filings document the formal disclosures of a NYSE-listed business development company with common stock trading under FSK. Form 8-K reports cover operating results, cash distributions, Regulation FD presentations, material-event updates, and capital-structure information tied to the company's BDC investment portfolio and public equity.
Proxy materials describe annual meeting matters, stockholder voting, governance, share and net asset value disclosures, and board-related information. The filing record also reflects the company's Maryland registrant status and its focus on senior secured and subordinated debt investments in private middle market U.S. companies.
FS KKR Capital Corp. (FSK) declared a fourth-quarter 2026 common-stock distribution of $0.44 per share and a special distribution of $0.20 per share. The regular distribution is payable on or about December 24, 2026 to stockholders of record December 16, 2026; the special distribution is payable on or about December 15, 2026 to stockholders of record December 1, 2026. The special amount represents a portion of estimated accumulated spillback income and is intended to distribute additional taxable income in connection with maintaining regulated investment company treatment.
The regular distribution is based on management’s current estimates for the quarter ended September 30, 2026; actual GAAP net investment income remains subject to customary quarter-end closing procedures and may differ. FSK plans to release third-quarter results before trading opens on November 5, 2026, and will host a conference call that day at 9:00 a.m. Eastern Time.
FS KKR Capital Corp (FSK) director Jerel A. Hopkins reported purchasing 800 shares of FSK common stock on August 31, 2026 in an open market or private transaction at $12.435 per share. The shares are held indirectly in an IRA, bringing his reported indirect holdings in this account to 12,384.934 shares, which include shares acquired under FS KKR Capital Corp’s dividend reinvestment plan. No Rule 10b5-1 trading plan is reported for this transaction.
FS KKR Capital Corp. (FSK) reports that stockholders approved a Share Issuance Proposal at a reconvened annual stockholder meeting held on August 20, 2026. The proposal required and received approval under the Investment Company Act of 1940 majority-of-outstanding-shares standard.
As of the April 23, 2026 record date, 280,066,432.663 shares of common stock were eligible to vote, and 146,341,116 shares were actually voted in person or by proxy. The proposal received 103,799,016 votes for, 35,494,986 against, and 7,047,114 abstentions, with no broker non-votes. Excluding shares held by affiliated persons, votes for were 103,389,416, while votes against and abstentions were unchanged.
FS KKR Capital Corp., a Maryland corporation, reported that it will make investor presentations available on its website after the market close on August 13, 2026. The materials will be accessible in the “Events & Presentations” section within the “For Investors” area of www.fskkrcapitalcorp.com.
The company states that these investor presentations are being furnished under Regulation FD disclosure and will not be deemed filed for purposes of the Exchange Act or incorporated by reference into Securities Act or Exchange Act filings. The company also includes standard forward-looking statements language, highlighting that such statements involve risks and uncertainties, and notes it has no obligation to update them except as required by federal securities laws.
FS KKR Capital Corp director James H. Kropp purchased 1,100 shares of common stock on 2026-08-11 in an open-market or private transaction at $12.075 per share. After this transaction, Kropp’s indirect holdings through an IRA totaled 28,100.2677 shares of FS KKR Capital Corp common stock.
FS KKR Capital Corp. reported results for the quarter ended June 30, 2026. Net investment income was $122 million, or $0.44 per share, up from $0.42 in the prior quarter. Net asset value was $18.30 per share, down from $18.83 as of March 31, 2026. Total net realized and unrealized loss was $0.56 per share, resulting in a net loss of $34 million, or $0.13 per share, compared with a loss of $1.57 per share in the prior quarter. The company paid second-quarter distributions totaling $0.42 per share and declared a third-quarter 2026 common distribution of $0.44 per share, payable on or about October 2, 2026 to stockholders of record on September 16, 2026.
At June 30, 2026, the investment portfolio had a fair value of $11.4 billion, with 63.0% in senior secured securities. Investments on non-accrual status represented 3.8% of the portfolio at fair value, down from 4.2% as of March 31, 2026. The debt to equity ratio was 127%, based on $6.5 billion of total debt and $5.1 billion of common stockholders’ equity; net debt to equity was 122%. Cash, cash equivalents, restricted cash and foreign currency totaled $109 million, with $3.1 billion of additional availability under financing arrangements.
The company highlighted previously announced strategic actions. A $150 million tender offer for common shares by a KKR subsidiary was completed, a $150 million issuance of convertible preferred stock to a KKR subsidiary closed, and a $300 million share repurchase program commenced. From July 1, 2026 through August 5, 2026, FSK repurchased 3,348,353 shares of common stock for $36 million, in addition to 377,800 shares totaling $4 million repurchased from the June 29, 2026 program start through quarter-end. A 50% subordinated income incentive fee waiver supported net investment income and the declared third-quarter distribution.
FSK provides a detailed schedule of its investment portfolio, listing numerous positions dated 2026-06-30 and comparative holdings dated 2025-12-31. The positions span operating companies and financing vehicles across sectors such as software and services, health care, capital goods, insurance, transportation, consumer services, and financial services.
The portfolio includes a wide range of instruments: term loans, revolvers, bonds, common and preferred stock, preferred equity, partnership interests, trade claims, warrants, and structures labeled ABF Equity and Structured Mezzanine. The schedule also identifies exposures to money market funds and multi‑currency positions with JP Morgan Chase Bank, with various stated maturity months and years.
FS KKR Capital Corp. plans to release its second quarter 2026 results before the NYSE opens on Thursday, August 6, 2026. The company will host a conference call and live webcast that day at 9:00 a.m. Eastern Time to discuss the results.
Investors and other interested parties can access the webcast and an accompanying investor presentation through the For Investors section of FSK’s website under Events & Presentations. A replay of the call will be made available on the same site shortly after the event.
FS KKR Capital Corp. has raised $150 million by issuing 6,000,000 shares of new Cumulative Convertible Perpetual Preferred Stock, Series A, to KKR Alternative Assets L.P. at $25.00 per share. The company plans to use the proceeds for general corporate purposes, including potentially funding its common stock repurchase program or repaying debt.
The preferred stock pays dividends of 5.00% per year in cash or, at the company’s option, 7.00% per year in payment-in-kind shares, with the rate stepping up by 1.00% annually after 5.5 years and no cap on increases. It ranks senior to common stock but junior to existing debt, and becomes convertible into common stock after six months at an initial conversion price of $18.83 per share, subject to anti-dilution adjustments and a NYSE-based minimum price.
FSK can redeem the preferred in cash at any time, and after three years may redeem in common stock if trading prices meet the conversion price test. Holders gain board influence through two dedicated director seats and enhanced voting rights, plus put and redemption protections after six years and upon certain changes of control. Separately, the external adviser agreed to waive 50% of its subordinated income incentive fee from the quarter ending June 30, 2026 through the quarter ending March 31, 2027, with no right to recoup waived amounts.
KKR Alternative Assets L.P. and its affiliates report a 7.8% stake in FS KKR Capital Corp. common stock on Schedule 13D. They beneficially own 22,582,961 shares, including 14,616,950 common shares and 7,966,011 shares issuable upon conversion of newly issued convertible preferred stock.
KKR Alternative Assets L.P. completed a tender offer on June 15, 2026, purchasing 13,636,363 common shares at $11.00 per share for an aggregate $149,999,993 in cash. It also agreed to purchase $150,000,000 of cumulative convertible perpetual preferred stock with a $25.00 liquidation preference, an initial 5.00% cash dividend rate, and a conversion price of $18.83 per share, plus board election and registration rights.