Gross additions include increases in the cost basis of investments resulting from new portfolio investments, PIK interest, the amortization of unearned income, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company into this category from a different category.

[6]

[7]

Gross reductions include decreases in the cost basis of investments resulting from principal collections related to investment repayments or sales, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category.

[8]

[9]

Interest, PIK, Fee and Dividend and Other income presented for the three months ended March 31, 2026.

[10]

Interest, PIK, fee and dividend and other income presented for the full year ended December 31, 2025.

[11]

[12]

[13]

[14]

[15]

Interest, PIK, Fee and Dividend and Other income presented for the three months ended March 31, 2026.

[16]

Interest, PIK, fee and dividend and other income presented for the full year ended December 31, 2025.

[17]

Security or portion thereof is pledged as collateral supporting the amounts outstanding under the Senior Secured Revolving Credit Facility (see Note 9).

[18]

Security or portion thereof is pledged as collateral supporting the amounts outstanding under the Senior Secured Revolving Credit Facility (see Note 9).

[19]

Security or portion thereof held within CCT Tokyo Funding LLC and is pledged as collateral supporting the amounts outstanding under the revolving credit facility with Sumitomo Mitsui Banking Corporation (see Note 9).

[20]

[21]

Security is an unfunded commitment. Reflects the stated spread at the time of commitment, but may not be the actual rate received upon funding.

[22]

Security is an unfunded commitment. Reflects the stated spread at the time of commitment, but may not be the actual rate received upon funding.

[23]

The Company held this investment as of March 31, 2026 but it was not deemed to “control” the portfolio company as of March 31, 2026. Transfers in or out have been presented at amortized cost.

[24]

The Company held this investment as of December 31, 2025 but it was not deemed to be in “control” of the portfolio company as of December 31, 2025. Transfers in or out have been presented at amortized cost.

[25]

Under the Investment Company Act of 1940, as amended, the Company generally is deemed to be an “affiliated person” of a portfolio company if it owns 5% or more of the portfolio company’s voting securities and generally is deemed to “control” a portfolio company if it owns more than 25% of the portfolio company’s voting securities or it has the power to exercise control over the management or policies of such portfolio company. As of December 31, 2025, the Company held investments in portfolio companies of which it is deemed to be an “affiliated person” but is not deemed to “control”. The following table presents certain information with respect to investments in portfolio companies of which the Company was deemed to be an affiliated person for the year ended December 31, 2025:


Portfolio Company	Fair Value at December 31, 2024		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at December 31, 2025		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
Senior Secured Loans—First Lien
48Forty Solutions LLC	$	148.5	$	6.3	$	(0.4)	$	—	$	(68.4)	$	86.0	$	1.7	$	6.3	$	—	$	—
48Forty Solutions LLC	3.0		4.4		(0.7)		—		(3.8)		2.9		0.2		—		—		—
Affordable Care Inc	35.2		13.6		(1.0)		—		(3.2)		44.6		3.1		1.1		—		—
Affordable Care Inc	22.2		0.7		—		—		(1.5)		21.4		1.7		0.7		—		—
Belk Inc	29.5		—		(6.6)		—		0.2		23.1		3.8		—		—		—
Galaxy Universal LLC	86.3		—		(86.3)		—		—		—		9.4		—		0.2		—
Galaxy Universal LLC	18.5		1.9		(20.4)		—		—		—		2.1		—		0.1		—
Galaxy Universal LLC	—		45.5		(45.5)		—		—		—		4.5		—		2.0		—
Galaxy Universal LLC	—		37.5		(37.5)		—		—		—		3.1		—		1.1		—
One Call Care Management Inc	4.7		—		(4.8)		0.1		—		—		0.4		—		—		—











Senior Secured Loans—Second Lien
Constellis Holdings LLC(4)	7.0		—		(6.8)		—		(0.2)		—		—		—		—		—





Other Senior Secured Debt
One Call Care Management Inc	25.1		2.4		—		—		0.8		28.3		(0.1)		2.6		—		—






Asset Based Finance
Accelerator Investments Aggregator LP, Private Equity	0.9		—		(0.4)		—		0.1		0.6		—		—		—		—
Altavair AirFinance, ABF Equity	128.2		—		(82.4)		(1.0)		3.8		48.6		—		—		—		20.0
Bond Aviation Holdings LLC, Term Loan	—		0.1		—		—		—		0.1		—		—		—		—
Bond Aviation Holdings LLC, Term Loan	—		0.7		—		—		—		0.7		—		—		—		—
Bond Aviation Holdings LLC, ABF Equity	—		4.9		—		—		—		4.9		0.1		—		0.2		—
GreenSky Holdings LLC, ABF Equity	14.9		—		—		—		(0.4)		14.5		—		—		—		—
GreenSky Holdings LLC, ABF Equity	22.3		2.6		(8.4)		—		(1.2)		15.3		—		—		—		3.6
GreenSky Holdings LLC, Term Loan	33.5		3.2		—		—		—		36.7		—		3.4		—		—





Equity/Other
48Forty Solutions LLC, Common Stock	—		—		—		—		—		—		—		—		—		—
Affordable Care Inc, Preferred Stock	73.1		9.9		—		—		(10.7)		72.3		—		9.9		—		—
athenahealth Inc, Preferred Stock	361.3		40.2		(20.1)		0.4		1.9		383.7		—		40.3		—		—
Belk Inc, Common Stock	27.1		4.2		—		—		5.8		37.1		—		—		—		—

Constellis Holdings LLC, Private Equity	—		—		—		(10.3)		10.3		—		—		—		—		—


Portfolio Company	Fair Value at December 31, 2024		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at December 31, 2025		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
Constellis Holdings LLC, Preferred Equity	$	3.4	$	—	$	(3.2)	$	—	$	(0.2)	$	—	$	—	$	—	$	—	$	—
Galaxy Universal LLC, Common Stock	49.2		—		(43.9)		8.5		(13.8)		—		—		—		—		—
Galaxy Universal LLC, Trade Claim	1.9		—		(2.5)		—		0.6		—		—		—		—		—
Galaxy Universal LLC, Preferred Stock	7.2		0.7		(5.6)		—		(2.3)		—		—		0.8		—		—
One Call Care Management Inc, Preferred Stock A	20.7		—		—		—		(3.2)		17.5		—		—		—		—
One Call Care Management Inc, Common Stock	1.9		—		—		—		(1.0)		0.9		—		—		—		—
One Call Care Management Inc, Preferred Stock B	12.2		0.8		—		—		0.2		13.2		—		0.9		—		—
Proserv Acquisition LLC, Class A Preferred Units	2.2		—		—		—		—		2.2		—		—		—		—

























Total	$	1,140.0	$	179.6	$	(376.5)	$	(2.3)	$	(86.2)	$	854.6	$	30.0	$	66.0	$	3.6	$	23.6

[26]

Security is non-income producing.

[27]

Asset is on non-accrual status.

[28]

Under the Investment Company Act of 1940, as amended, the Company generally is deemed to “control” a portfolio company if it owns more than 25% of the portfolio company’s voting securities or it has the power to exercise control over the management or policies of such portfolio company. As of March 31, 2026, the Company held investments in portfolio companies of which it is deemed to be an “affiliated person” and deemed to “control”. The following table presents certain information with respect to investments in portfolio companies of which the Company was deemed to be an affiliated person and deemed to control for the three months ended March 31, 2026:


Portfolio Company	Fair Value at December 31, 2025		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at March 31, 2026		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
Senior Secured Loans—First Lien
48Forty Solutions LLC(4)	$	—	$	15.8	$	—	$	—	$	0.5	$	16.3	$	0.3	$	—	$	—	$	—
48Forty Solutions LLC(4)	—		20.2		—		—		0.6		20.8		0.4		—		—		—
Alacrity Solutions Group LLC	10.7		0.1		(7.1)		0.1		(0.1)		3.7		—		0.1		—		—
Alacrity Solutions Group LLC	0.1		—		(0.1)		0.1		(0.1)		—		—		—		—		—
ATX Networks Corp	27.9		1.0		—		—		—		28.9		—		1.1		—		—
ATX Networks Corp	93.0		1.0		—		—		(21.5)		72.5		—		—		—		—
Gracent LLC	28.4		(0.1)		—		—		(1.5)		26.8		—		—		—		—
HM Dunn Co Inc	19.2		—		—		—		—		19.2		0.5		—		—		—
HM Dunn Co Inc	4.0		1.0		—		—		—		5.0		0.1		—		—		—
Kellermeyer Bergensons Services LLC	220.3		5.4		(0.5)		—		(0.2)		225.0		—		5.3		—		—
Kellermeyer Bergensons Services LLC	40.3		0.1		—		—		(27.3)		13.1		—		—		—		—
Lionbridge Technologies Inc	—		55.5		(5.6)		—		—		49.9		—		0.8		—		—
Lionbridge Technologies Inc	—		53.8		—		—		(27.9)		25.9		—		—		—		—
NCI Inc	30.7		—		(0.4)		—		0.1		30.4		0.5		—		—		—
Production Resource Group LLC	273.5		17.8		—		—		0.7		292.0		—		8.0		—		—

Wittur Holding GmbH	65.2		2.0		—		—		(1.3)		65.9		0.2		0.8		—		—
Wittur Holding GmbH	13.3		0.8		—		—		(0.7)		13.4		0.4		0.2		—		—






Senior Secured Loans—Second Lien
Quoizel, LLC	6.8		—		—		—		(0.3)		6.5		0.2		—		—		—
Quoizel, LLC	7.1		—		—		—		(0.3)		6.8		0.2		—		—		—





Subordinated Debt
Accuride Corp	6.4		0.1		—		—		(0.5)		6.0		—		0.1		—		—
Alacrity Solutions Group LLC	3.8		0.1		—		—		(0.6)		3.3		—		0.1		—		—
ATX Networks Corp	3.9		—		—		—		(3.9)		—		—		—		—		—




Asset Based Finance
801 5th Ave, Seattle, Structure Mezzanine	49.8		0.1		—		—		(3.5)		46.4		1.5		—		—		—
801 5th Ave, Seattle, ABF Equity	—		—		—		—		—		—		—		—		—		—
Abacus JV, ABF Equity	0.8		—		—		—		—		0.8		—		—		—		—
AOP SFR 1 LLC (FKA Avenue One PropCo), ABF Equity	6.3		0.2		—		—		(1.4)		5.1		—		—		—		—
AOP SFR 1 LLC (FKA Avenue One PropCo), Term Loan	34.7		0.6		—		—		—		35.3		—		0.6		—		—
Australis Maritime, Common Stock	1.2		—		—		—		0.2		1.4		—		—		—		—
Australis Maritime II, ABF Equity	23.3		—		—		—		0.3		23.6		—		—		—		—


Avida Holding AB, Common Stock	51.7		—		—		—		(4.2)		47.5		—		—		—		—
Avida Holding AB, Subordinated Bond	1.6		—		—		—		—		1.6		—		—		—		—
Capital Automotive LP, ABF Equity	23.0		—		(0.2)		—		0.9		23.7		—		—		—		0.3


Portfolio Company	Fair Value at December 31, 2025		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at March 31, 2026		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
Capital Automotive LP, Structured Mezzanine	$	18.7	$	—	$	(0.3)	$	—	$	(0.1)	$	18.3	$	0.5	$	—	$	—	$	—
Galaxy Container, ABF Equity	0.2		—		—		—		—		0.2		—		—		—		—
Galaxy Container, Bond	—		0.2		—		—		—		0.2		—		—		—		—
Kilter Finance 2.0, Common Stock	—		4.0		—		—		—		4.0		—		—		—		—
Kilter Finance, Preferred Stock	88.4		0.8		—		—		—		89.2		1.9		0.8		—		—
Kilter Finance, ABF Equity	3.0		—		—		—		(0.3)		2.7		—		—		—		—
Kilter Finance, Common Stock	—		—		—		—		—		—		—		—		—		—
KKR Altitude II Offshore Aggregator LP, Partnership Interest	115.7		—		—		—		0.3		116.0		—		—		—		3.1
KKR Central Park Leasing Aggregator L.P., Partnership Interest	27.0		—		—		—		—		27.0		—		—		—		—
KKR Chord IP Aggregator LP, Partnership Interest	0.1		—		—		—		—		0.1		—		—		—		—
KKR Rocket Loans Aggregator LLC, Partnership Interest	2.0		—		(0.2)		—		(0.1)		1.7		—		—		—		—
KKR Zeno Aggregator LP (K2 Aviation), Partnership Interest	1.0		—		—		—		(0.8)		0.2		—		—		—		1.2
KSC I Aircraft LP, ABF Equity	5.8		4.3		—		—		—		10.1		—		—		—		—
My Community Homes PropCo 2, ABF Equity	11.8		—		—		—		(9.7)		2.1		—		—		—		—
My Community Homes PropCo 2, Term Loan	69.4		1.3		—		—		—		70.7		—		1.3		—		—
My Community Homes PropCo 2, Term Loan	4.2		0.1		—		—		—		4.3		—		0.1		—		—
My Community Homes PropCo 2, Term Loan	22.3		0.4		—		—		—		22.7		—		0.4		—		—
Prime St LLC, ABF Equity	—		—		—		—		—		—		—		—		—		—
Prime St LLC, Structured Mezzanine	23.7		—		—		—		(1.5)		22.2		0.9		—		—		—
Roemanu LLC, ABF Equity	197.2		—		—		—		0.1		197.3		—		—		—		—
Sallie Mae Levered, ABF Equity	1.1		1.4		(0.4)		—		0.1		2.2		—		—		—		—
Sallie Mae Levered, Bond	4.3		—		—		—		—		4.3		0.1		—		—		—
Sallie Mae Levered, Term Loan	0.1		0.2		—		—		—		0.3		—		—		—		—
Sallie Mae Levered, Bond	—		4.3		—		—		—		4.3		0.1		—		—		—
Sallie Mae Levered, Bond	—		1.2		—		—		—		1.2		—		—		—		—
Sallie Mae Levered, Bond	—		0.6		—		—		—		0.6		—		—		—		—
TDC LLP, Preferred Equity	12.5		3.6		—		—		(0.4)		15.7		0.4		—		—		—
TDC LLP, ABF Equity	—		—		—		—		—		—		—		—		—		—

Credit Opportunities Partners JV, LLC
Credit Opportunities Partners JV, LLC	1,967.9		—		(189.0)		(28.8)		(43.4)		1,706.7		—		—		—		62.7
Equity/Other
48Forty Solutions LLC, Preferred Stock	—		55.6		—		—		(10.1)		45.5		—		—		—		—
48Forty Solutions LLC, Common Stock(4)	—		0.5		—		—		(0.5)		—		—		—		—		—
Accuride Corp, Common Stock	—		—		—		—		—		—		—		—		—		—
Accuride Corp, Preferred Stock	—		—		—		—		—		—		—		—		—		—
Alacrity Solutions Group LLC, Common Stock	—		—		—		—		—		—		—		—		—		—
Alacrity Solutions Group LLC, Preferred Equity	0.7		—		—		—		(0.6)		0.1		—		—		—		—


Portfolio Company	Fair Value at December 31, 2025		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at March 31, 2026		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
ATX Networks Corp, Common Stock	$	—	$	—	$	—	$	(9.9)	$	9.9	$	—	$	—	$	—	$	—	$	—
ATX Networks Corp, Class B-1 Common Stock	—		—		—		(5.0)		5.0		—		—		—		—		—
ATX Networks Corp, Class B-2 Common Stock	—		—		—		(4.0)		4.0		—		—		—		—		—
Borden (New Dairy Opco), Common Stock	11.1		—		—		—		(0.6)		10.5		—		—		—		—
Gracent LLC, Preferred Stock B	—		—		—		—		—		—		—		—		—		—
Gracent LLC, Class A Common Stock	—		—		—		—		—		—		—		—		—		—
Gracent LLC, Preferred Equity	—		—		—		(8.2)		8.2		—		—		—		—		—
HM Dunn Co Inc, Preferred Equity	15.6		0.5		—		—		1.9		18.0		—		0.6		—		—
HM Dunn Co Inc, Common Stock	0.4		—		—		—		1.2		1.6		—		—		—		—
JW Aluminum Co, Preferred Stock	170.4		—		—		—		34.2		204.6		—		—		—		—
Kellermeyer Bergensons Services LLC, Common Stock	—		—		—		—		—		—		—		—		—		—
Kellermeyer Bergensons Services LLC, Preferred Stock	—		—		—		—		—		—		—		—		—		—

Lionbridge Technologies Inc, Preferred Stock	—		—		—		—		—		—		—		—		—		—
Lionbridge Technologies Inc, Common Equity	—		—		—		—		—		—		—		—		—		—
NCI Inc, Class A-1 Common Stock	—		—		—		—		—		—		—		—		—		—
NCI Inc, Class B-1 Common Stock	—		—		—		—		—		—		—		—		—		—
NCI Inc, Class C Common Stock	38.7		—		—		—		6.7		45.4		—		—		—		—
NCI Inc, Class I-1 Common Stock	—		—		—		—		—		—		—		—		—		—
Quoizel, LLC, Common Stock	2.7		—		—		—		(0.8)		1.9		—		—		—		—
Production Resource Group LLC, Common Stock	95.3		—		—		—		(60.0)		35.3		—		—		—		—
Quorum Health Corp, Trade Claim	0.5		—		—		—		—		0.5		—		—		—		—
Quorum Health Corp, Trust Initial Funding Units	0.1		—		—		—		—		0.1		—		—		—		—
Quorum Health Corp, Private Equity	10.0		—		—		—		0.1		10.1		—		—		—		—
Quorum Health Corp, Private Equity	7.4		—		—		—		0.1		7.5		—		—		—		—
Wittur Holding GmbH, Common Stock	14.2		—		—		—		1.3		15.5		—		—		—		—




Total	$	3,990.5	$	254.5	$	(203.8)	$	(55.7)	$	(147.8)	$	3,837.7	$	8.2	$	20.3	$	—	$	67.3

[29]

Security is non-income producing.

[30]

Under the Investment Company Act of 1940, as amended, the Company generally is deemed to “control” a portfolio company if it owns more than 25% of the portfolio company’s voting securities or it has the power to exercise control over the management or policies of such portfolio company. As of December 31, 2025, the Company held investments in portfolio companies of which it is deemed to be an “affiliated person” and deemed to “control”. During the year ended December 31, 2025, the Company disposed of investments in portfolio companies of which it was deemed to be an “affiliated person” and deemed to “control”. The following table presents certain information with respect to investments in portfolio companies of which the Company was deemed to be an affiliated person and deemed to control for the year ended December 31, 2025:


Portfolio Company	Fair Value at December 31, 2024		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at December 31, 2025		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
Senior Secured Loans—First Lien

Alacrity Solutions Group LLC	$	—	$	10.6	$	—	$	—	$	0.1	$	10.7	$	0.6	$	0.3	$	—	$	—
Alacrity Solutions Group LLC	—		—		—		—		0.1		0.1		—		—		—		—
ATX Networks Corp	37.0		1.1		(37.5)		—		(0.6)		—		—		1.0		—		—
ATX Networks Corp	15.3		12.6		—		—		—		27.9		—		2.3		—		—
ATX Networks Corp	50.6		43.0		—		—		(0.6)		93.0		0.2		9.1		1.1		—
Gracent LLC	29.6		4.7		—		—		(5.9)		28.4		1.0		3.7		—		—
HM Dunn Co Inc	34.8		—		(13.1)		(2.5)		—		19.2		2.8		—		—		—
HM Dunn Co Inc	3.4		2.6		(2.0)		—		—		4.0		0.5		—		—		—
Kellermeyer Bergensons Services LLC	201.6		21.5		(1.9)		—		(0.9)		220.3		0.8		20.7		—		—
Kellermeyer Bergensons Services LLC	87.7		5.9		—		—		(53.3)		40.3		—		3.9		—		—
NCI Inc	32.1		—		(1.4)		—		—		30.7		3.8		—		—		—
Production Resource Group LLC	195.9		—		(192.0)		—		(3.9)		—		1.3		6.9		—		—
Production Resource Group LLC	0.3		—		(0.2)		—		(0.1)		—		—		—		—		—
Production Resource Group LLC	67.7		—		(65.7)		—		(2.0)		—		1.0		3.2		—		—


Portfolio Company	Fair Value at December 31, 2024		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at December 31, 2025		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
Production Resource Group LLC	$	37.2	$	—	$	(36.0)	$	—	$	(1.2)	$	—	$	0.5	$	1.8	$	—	$	—
Production Resource Group LLC	107.4		—		(104.3)		—		(3.1)		—		1.6		5.1		—		—
Production Resource Group LLC	—		—		—		—		—		—		0.1		0.3		—		—
Production Resource Group LLC	—		—		—		—		—		—		0.2		—		—		—
Production Resource Group LLC	—		263.9		—		—		9.6		273.5		0.1		7.1		—		—
Wittur Holding GmbH	54.1		3.8		—		—		7.3		65.2		0.7		3.1		—		—
Wittur Holding GmbH	—		6.3		—		—		7.0		13.3		1.0		0.4		—		—
Worldwise Inc(4)	19.1		—		(19.1)		—		—		—		—		—		—		—
Worldwise Inc	—		—		—		—		—		—		—		—		—		—





Senior Secured Loans—Second Lien
Quoizel, LLC	7.1		—		—		—		(0.3)		6.8		0.8		—		—		—
Quoizel, LLC	7.4		—		—		—		(0.3)		7.1		0.8		—		—		—
Other Senior Secured Debt
JW Aluminum Co	76.6		—		(76.4)		0.3		(0.5)		—		1.9		—		—		—


Subordinated Debt
Accuride Corp	—		4.3		—		—		2.1		6.4		0.1		0.1		—		—
Alacrity Solutions Group LLC	—		3.8		—		—		—		3.8		—		0.4		—		—
ATX Networks Corp	32.9		—		—		—		(29.0)		3.9		—		—		—		—

Asset Based Finance
801 5th Ave, Seattle, Structure Mezzanine	54.5		2.1		—		—		(6.8)		49.8		6.2		1.9		—		—
801 5th Ave, Seattle, ABF Equity	—		—		(0.1)		—		0.1		—		—		—		—		—
Abacus JV, ABF Equity	24.6		—		(27.0)		0.7		2.5		0.8		—		—		—		—
Australis Maritime, Common Stock	11.3		—		(10.3)		—		0.2		1.2		—		—		—		0.2
Australis Maritime II, ABF Equity	19.8		9.8		(7.0)		—		0.7		23.3		—		—		—		1.4
Avenue One PropCo, ABF Equity	10.2		—		—		—		(3.9)		6.3		—		—		—		—
Avenue One PropCo, Term Loan	32.3		2.4		—		—		—		34.7		—		2.4		—		—
Avida Holding AB, Common Stock	60.4		—		—		—		(8.7)		51.7		—		—		—		—
Avida Holding AB, Subordinated Bond	1.3		—		—		—		0.3		1.6		0.2		—		—		—
Capital Automotive LP, ABF Equity	32.9		—		(17.8)		6.7		1.2		23.0		—		—		—		1.7
Capital Automotive LP, Structured Mezzanine	40.1		—		(21.4)		0.1		(0.1)		18.7		2.8		—		—		—
Discover Financial Services, Subordinated Loan	38.8		—		(38.8)		—		—		—		2.7		—		—		—
Discover Financial Services, ABF Equity	21.7		—		(21.4)		0.5		(0.8)		—		—		—		—		1.3
Galaxy Container, ABF Equity	—		0.2		—		—		—		0.2		—		—		—		—
Kilter Finance, Preferred Stock	85.4		18.6		(15.6)		—		—		88.4		6.1		3.8		—		—
Kilter Finance, ABF Equity	0.5		—		—		—		2.5		3.0		—		—		—		—
KKR Altitude II Offshore Aggregator LP, Partnership Interest	146.7		27.6		(62.0)		3.9		(0.5)		115.7		—		—		—		15.2
KKR Central Park Leasing Aggregator L.P., Partnership Interest	15.8		—		—		—		11.2		27.0		—		—		—		—
KKR Chord IP Aggregator LP, Partnership Interest	0.1		—		—		—		—		0.1		—		—		—		0.2


Portfolio Company	Fair Value at December 31, 2024		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at December 31, 2025		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
KKR Rocket Loans Aggregator LLC, Partnership Interest	$	4.3	$	—	$	(2.9)	$	—	$	0.6	$	2.0	$	—	$	—	$	—	$	—
KKR Zeno Aggregator LP (K2 Aviation), Partnership Interest	7.2		—		(2.9)		0.3		(3.6)		1.0		—		—		—		7.2
KSC I Aircraft LP, ABF Equity	—		5.8		—		—		—		5.8		—		—		—		—
My Community Homes PropCo 2, ABF Equity	15.6		6.7		—		—		(10.5)		11.8		—		—		—		—
My Community Homes PropCo 2, Term Loan	64.4		5.0		—		—		—		69.4		—		5.1		—		—
My Community Homes PropCo 2, Term Loan	—		4.2		—		—		—		4.2		—		0.2		—		—
My Community Homes PropCo 2, Term Loan	—		22.3		—		—		—		22.3		—		0.9		—		—
Prime St LLC, ABF Equity	—		—		(1.1)		(0.8)		1.9		—		—		—		—		—
Prime St LLC, Structured Mezzanine	27.6		4.0		—		—		(7.9)		23.7		3.7		3.7		—		—
Roemanu LLC (FKA Toorak Capital Partners LLC), ABF Equity	238.9		—		(13.6)		—		(28.1)		197.2		—		—		—		9.4
Sallie Mae Levered, ABF Equity	—		1.1		—		—		—		1.1		—		—		—		—
Sallie Mae Levered, Bond	—		4.3		—		—		—		4.3		—		—		—		—
Sallie Mae Levered, Term Loan	—		0.1		—		—		—		0.1		—		—		—		—
TDC LLP, Preferred Equity	36.8		15.9		(41.9)		1.0		0.7		12.5		1.5		—		—		—
TDC LLP, ABF Equity	1.9		—		(2.0)		—		0.1		—		—		—		—		—
Credit Opportunities Partners JV, LLC
Credit Opportunities Partners JV, LLC	1,363.3		630.2		—		—		(25.6)		1,967.9		—		—		—		232.5
Equity/Other
Accuride Corp, Common Stock	—		—		—		—		—		—		—		—		—		—
Accuride Corp, Preferred Stock	—		—		—		—		—		—		—		—		—		—
Alacrity Solutions Group LLC, Common Stock	—		1.9		—		—		(1.9)		—		—		—		—		—
Alacrity Solutions Group LLC, Preferred Equity	—		2.3		—		—		(1.6)		0.7		—		0.2		—		—
ATX Networks Corp, Common Stock	—		—		—		—		—		—		—		—		—		—
ATX Networks Corp, Class B-1 Common Stock	—		—		—		—		—		—		—		—		—		—
ATX Networks Corp, Class B-2 Common Stock	—		—		—		—		—		—		—		—		—		—
Borden (New Dairy Opco), Common Stock	18.4		—		—		—		(7.3)		11.1		—		—		—		—
Gracent LLC, Preferred Stock B	—		—		—		—		—		—		—		—		—		—
Gracent LLC, Class A Common Stock	—		—		—		—		—		—		—		—		—		—
Gracent LLC, Preferred Equity	5.0		—		—		—		(5.0)		—		—		—		—		—
HM Dunn Co Inc, Preferred Stock, Series A	0.1		—		—		(7.1)		7.0		—		—		—		—		—
HM Dunn Co Inc, Preferred Stock, Series B	—		—		—		—		—		—		—		—		—		—
HM Dunn Co Inc, Preferred Equity	—		13.4		—		—		2.2		15.6		—		0.9		—		—
HM Dunn Co Inc, Common Stock	—		—		—		—		0.4		0.4		—		—		—		—
JW Aluminum Co, Common Stock	2.5		—		—		—		(2.5)		—		—		—		—		—
JW Aluminum Co, Preferred Stock	152.3		—		(156.4)		(58.1)		62.2		—		—		—		—		—
JW Aluminum Co, Preferred Stock	—		135.2		(10.4)		—		45.6		170.4		—		—		—		14.3
Kellermeyer Bergensons Services LLC, Common Stock	—		—		—		—		—		—		—		—		—		—


Portfolio Company	Fair Value at December 31, 2024		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at December 31, 2025		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
Kellermeyer Bergensons Services LLC, Preferred Stock	$	15.1	$	—	$	—	$	—	$	(15.1)	$	—	$	—	$	—	$	—	$	—
Kilter Finance, Common Stock	—		—		—		—		—		—		—		—		—		—
NCI Inc, Class A-1 Common Stock	—		—		—		—		—		—		—		—		—		—
NCI Inc, Class B-1 Common Stock	—		—		—		—		—		—		—		—		—		—
NCI Inc, Class C Common Stock	33.1		—		—		—		5.6		38.7		—		—		—		—
NCI Inc, Class I-1 Common Stock	—		—		—		—		—		—		—		—		—		—
Production Resource Group LLC, Preferred Stock, Series A PIK	67.2		—		—		(18.1)		(49.1)		—		—		—		—		—
Production Resource Group LLC, Preferred Stock, Series B PIK	—		—		—		—		—		—		—		—		—		—
Quoizel, LLC, Common Stock	6.1		—		—		—		(3.4)		2.7		—		—		—		—
Production Resource Group LLC, Common Stock	—		95.3		—		—		—		95.3		—		—		—		—
Quorum Health Corp, Trade Claim	0.9		—		—		—		(0.4)		0.5		—		—		—		—
Quorum Health Corp, Trust Initial Funding Units	0.1		—		—		—		—		0.1		—		—		—		—
Quorum Health Corp, Private Equity	10.1		0.9		—		—		(1.0)		10.0		—		—		—		—
Quorum Health Corp, Private Equity	—		2.1		—		—		5.3		7.4		—		—		—		—
Wittur Holding GmbH, Common Stock	10.9		—		—		—		3.3		14.2		—		—		—		—
Worldwise Inc, Common Stock	0.7		—		—		(0.6)		(0.1)		—		—		—		—		—
Total	$	3,776.7	$	1,395.5	$	(1,002.2)	$	(73.7)	$	(105.8)	$	3,990.5	$	43.0	$	88.5	$	1.1	$	283.4

[31]

The investment is not a qualifying asset under the Investment Company Act of 1940, as amended. A business development company may not acquire any asset other than qualifying assets, unless, at the time the acquisition is made, qualifying assets represent at least 70% of the company’s total assets. As of December 31, 2025, 70.6% of the Company’s total assets represented qualifying assets.

[32]

Asset is on non-accrual status.

[33]

Security or portion thereof held within KKR - FSK CLO 3 LLC (see Note 9).

[34]

Security or portion thereof held within KKR - FSK CLO 3 LLC (see Note 9).

[35]

Security or portion thereof held within Juniata River LLC and is pledged as collateral supporting the amounts outstanding under a term loan credit facility with JPMorgan Chase Bank, N.A.

[36]

The investment, or a portion of the investment is not a qualifying asset under the Investment Company Act of 1940, as amended. A business development company may not acquire any asset other than qualifying assets, unless, at the time the acquisition is made, qualifying assets represent at least 70% of the company’s total assets. As of March 31, 2026, 74.2% of the Company’s total assets represented qualifying assets.

[37]

Security or portion thereof held within KKR - FSK CLO 2 LLC (see Note 9).

[38]

Under the Investment Company Act of 1940, as amended, the Company generally is deemed to be an “affiliated person” of a portfolio company if it owns 5% or more of the portfolio company’s voting securities and generally is deemed to “control” a portfolio company if it owns more than 25% of the portfolio company’s voting securities or it has the power to exercise control over the management or policies of such portfolio company. As of March 31, 2026, the Company held investments in portfolio companies of which it is deemed to be an “affiliated person” but is not deemed to “control”. The following table presents certain information with respect to investments in portfolio companies of which the Company was deemed to be an affiliated person for the three months ended March 31, 2026:


Portfolio Company	Fair Value at December 31, 2025		Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at March 31, 2026		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
Senior Secured Loans—First Lien
48Forty Solutions LLC(4)	$	86.0	$	—	$	(85.7)	$	(93.8)	$	93.5	$	—	$	—	$	—	$	—	$	—
48Forty Solutions LLC(4)	2.9		—		(4.1)		(4.2)		5.4		—		—		—		—		—


Portfolio Company	Fair Value at December 31, 2025			Gross Additions(1)		Gross Reductions(2)		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Fair Value at March 31, 2026		Interest Income(3)		PIK Income(3)		Fee Income(3)		Dividend and Other Income(3)
Affordable Care Inc	$	11.8		$	—	$	—	$	—	$	(2.6)	$	9.2	$	—	$	—	$	—	$	—
Affordable Care Inc	54.2			—		—		—		(11.9)		42.3		—		—		—		—
Belk Inc	23.1			—		(2.7)		—		—		20.4		0.8		—		—		—


















Other Senior Secured Debt
One Call Care Management Inc	28.3			0.1		—		—		4.4		32.8		—		0.7		—		—





Asset Based Finance
Accelerator Investments Aggregator LP, ABF Equity	0.6			—		—		—		—		0.6		—		—		—		—
Altavair AirFinance, ABF Equity	48.6		—	—		(11.6)		—		0.4		37.4		—		—		—		1.2
Bond Aviation Holdings LLC, ABF Equity	0.1			—		—		—		—		0.1		—		—		—		—
Bond Aviation Holdings LLC, Term Loan	0.7			—		—		—		—		0.7		—		—		—		—
Bond Aviation Holdings LLC, Term Loan	4.9			6.6		—		—		—		11.5		0.2		—		—		—
GreenSky Holdings LLC, ABF Equity	14.5			—		—		—		0.4		14.9		—		—		—		—
GreenSky Holdings LLC, ABF Equity	15.3			—		(1.8)		—		0.9		14.4		—		—		—		0.4
GreenSky Holdings LLC, Term Loan	36.7			—		(3.6)		—		—		33.1		—		0.8		—		—





Equity/Other
48Forty Solutions LLC, Common Stock(4)	—			—		—		—		—		—		—		—		—		—
Affordable Care Inc, Preferred Stock	72.3			—		—		—		(70.6)		1.7		—		—		—		—
athenahealth Inc, Preferred Stock	383.7			10.4		—		—		(5.3)		388.8		—		10.4		—		—
Belk Inc, Common Stock	37.1			—		—		—		(3.5)		33.6		—		—		—		—

One Call Care Management Inc, Preferred Stock A	17.5			—		—		—		0.8		18.3		—		—		—		—
One Call Care Management Inc, Common Stock	0.9			—		—		—		—		0.9		—		—		—		—
One Call Care Management Inc, Preferred Stock B	13.2			—		—		—		(1.9)		11.3		—		—		—		—
Proserv Acquisition LLC, Class A Preferred Units	2.2			—		—		—		—		2.2		—		—		—		—



















Total	$	854.6		$	17.1	$	(109.5)	$	(98.0)	$	10.0	$	674.2	$	1.0	$	11.9	$	—	$	1.6

[39]

Security or portion thereof held within KKR - FSK CLO 2 LLC (see Note 9).

[40]

Security or portion thereof held within Meadowbrook Run LLC and is pledged as collateral supporting the amounts outstanding under a revolving credit facility with Morgan Stanley Senior Funding, Inc. (see Note 9).

[41]

[42]

Security is classified as Level 1 or Level 2 in the Company’s fair value hierarchy (see Note 8).

[43]

Security is classified as Level 1 or Level 2 in the Company’s fair value hierarchy (see Note 8).

[44]

Security or portion thereof held within Callowhill Street Funding LLC. and is pledged as collateral supporting the amounts outstanding under a revolving credit facility with CIBC Bank (see Note 9).

[45]

Security or portion thereof held within Callowhill Street Funding LLC. and is pledged as collateral supporting the amounts outstanding under a revolving credit facility with CIBC Bank (see Note 9).

[46]

Security held within CCT Holdings II LLC, a wholly-owned subsidiary of the Company.

[47]

Security held within FSIC II Investments, Inc., a wholly-owned subsidiary of the Company.

[48]

Security held within CCT Holdings II LLC, a wholly-owned subsidiary of the Company.

[49]

Security held within FSIC II Investments, Inc., a wholly-owned subsidiary of the Company.

[50]

Security or portion thereof held within Race Street Funding LLC. Security is available as collateral to support the amounts outstanding under the Senior Secured Revolving Credit Facility (see Note 9).

[51]

[52]

Position or portion thereof unsettled as of unsettled as of December 31, 2025.

[53]

The Company held this investment as of December 31, 2024 but it was not deemed to be an “affiliated person” of the portfolio company as of December 31, 2024. Transfers in or out have been presented at amortized cost.

[54]

Security held within FSIC Investments, Inc., a wholly-owned subsidiary of the Company.

[55]

Security or portion thereof held within Cobbs Creek LLC and is pledged as collateral supporting the amounts outstanding under the Senior Secured Revolving Credit Facility.

[56]

Security or portion thereof held within Cobbs Creek LLC and is pledged as collateral supporting the amounts outstanding under the Senior Secured Revolving Credit Facility.

[57]

Security held within IC Northern Investments, LLC, a wholly-owned subsidiary of the Company.

[58]

Security held within IC Northern Investments, LLC, a wholly-owned subsidiary of the Company.

[59]

Security held within FSIC Investments, Inc., a wholly-owned subsidiary of the Company.

[60]

The Company held this investment as of December 31, 2024 but it was not deemed to be an “control” of the portfolio company as of December 31, 2024. Transfers in or out have been presented at amortized cost.