Good News For BDC Investors In 2027

Business Development Companies (BDCs) face sector headwinds, but improving loan terms and reduced competition signal earnings recovery potential into 2027. Key metrics to monitor include NAV growth, non-accrual rates, net investment income trends, and reliance on PIK interest income for dividend sustainability.

Seeking Alpha • Aug 31, 2026

3 Big Yield Credit Plays Explained: FS KKR, BlackRock TCP and Oxford Lane

High-yield credit vehicles look easy on the surface: Buy the ticker, collect the check, repeat.

24/7 Wall Street • Aug 25, 2026

Dividend Harvesting Portfolio Week 284: $28,400 Allocated, $3,219.84 In Projected Dividends

The Dividend Harvesting Portfolio has achieved a 46.73% ROI with $3,219.84 forward annualized dividend income and a 7.81% yield. Recent additions include Starwood Property Trust (STWD) and FS KKR Capital Corp (FSK), both offering double-digit yields and trading at significant discounts. I expect continued outperformance as AI-driven productivity boosts big tech and the broader market, with dividend income on track to surpass $5,000 annually.

Seeking Alpha • Aug 10, 2026

FS KKR Capital: Risk Of Another Dividend Reset In 2026

FS KKR Capital faces valuation pressure after two consecutive dividend cuts in Q4'25 and Q1'26 and persistent asset quality concerns. FSK's non-accrual ratio remains elevated at 3.8%, and dividend coverage is just 100%, signaling ongoing payout risk. I maintain a 'Hold' rating with a slightly negative outlook, citing potential for a dividend reset if loan quality does not improve and coverage drops below 100%.

Seeking Alpha • Aug 10, 2026

12%+ Yields At 30%+ Discounts: Top 2 Undervalued BDCs

So far, the Q2 earnings season has been positive for BDCs. Some BDCs have appreciated by double-digit figures. Among these BDCs are my two tactical trade ideas.

Seeking Alpha • Aug 9, 2026

FS KKR Capital Q2 Earnings Call Highlights

FS KKR Capital NYSE: FSK reported second-quarter 2026 net investment income of $0.44 per share and adjusted net investment income of $0.43 per share, while net asset value declined 2.8% sequentially to $18.30 per share.

MarketBeat • Aug 8, 2026

FS KKR: Deep Value 13%+ Yield For Pennies On The Dollar

FSK trades at a 35% discount to NAV and offers a 13.8% forward dividend yield. It just reported its Q2 results after posting horrible Q1 results previously. I dig into the numbers to see what went right, what went wrong, and what would need to happen for me to want to buy the stock.

Seeking Alpha • Aug 8, 2026

FS KKR: Time To Get Bullish Again, Upgrading To A Buy

FS KKR Capital Corp. is upgraded to a buy after Q2 2026 results showed the first sequential NII growth in over a year. FSK trades at a -42% discount to NAV, with a fully covered 16.7% yield and a $300 million buyback program retiring shares at 59 cents on the dollar. Operational improvements include declining non-accruals, net leverage back within target, and expense reductions driving NII growth despite lower investment income.

Seeking Alpha • Aug 7, 2026

FS KKR Capital: A 41% Discount To NAV That Still Isn't Cheap

FS KKR Capital Corp. remains a sell due to persistent NAV erosion, weak earnings, and thin dividend coverage. FSK's adjusted net investment income of $0.43 per share no longer fully covers its $0.44 dividend, with coverage propped up by a temporary incentive fee waiver. Portfolio fair value and investment income are in a clear downtrend, while net investment activity remains negative and software exposure heightens risk.

Seeking Alpha • Aug 8, 2026

FS KKR Capital Corp (FSK) Q2 2026 Earnings Call Transcript

FS KKR Capital Corp (FSK) Q2 2026 Earnings Call Transcript

Seeking Alpha • Aug 6, 2026