FS KKR Capital Corp (FSK) cut its quarterly distribution from $0.70 to $0.48, signaling structural earnings pressure. FS KKR Capital’s 63% floating-rate portfolio yields fell 70 basis points in one ...
Before FSK circulated its Q4 report, I issued a bearish piece, realizing my 27% returns and suggesting investors to avoid the investment. Since then the share price has increased by 5%, but the ...