Flat Rock Enhanced Income Fund (FRBBX)
| Fund Assets | n/a |
| Expense Ratio | 3.38% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.92 |
| Dividend Yield | 8.92% |
| Dividend Growth | -8.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 21.53 |
| YTD Return | 2.09% |
| 1-Year Return | 7.16% |
| 5-Year Return | n/a |
| 52-Week Low | 21.35 |
| 52-Week High | 22.06 |
| Beta (5Y) | 0.06 |
| Holdings | n/a |
| Inception Date | n/a |
About FRBBX
Flat Rock Enhanced Income Fund is a closed-end interval mutual fund that seeks to generate current income, with long-term capital appreciation as a secondary objective. It invests primarily in the junior debt tranches of Collateralized Loan Obligations (CLOs), emphasizing CLO debt tranches initially rated BB by National Recognized Statistical Rating Organizations. These investments provide exposure to a highly diversified pool of approximately 1,900 unique first-lien senior secured loans made to private equity-owned borrowers with below-investment-grade debt. The fund may also allocate to a lesser extent to other CLO debt securities, CLO equity, high yield bonds, or leveraged loans. Liquidity is offered through quarterly repurchase tenders for at least 5% of outstanding shares at net asset value, up to 25%, though no secondary market exists and full tenders are not guaranteed. Distributions are paid monthly. Managed by Flat Rock Global, LLC, a specialist in capacity-constrained, income-oriented private credit strategies, the fund targets investors comfortable with limited liquidity, leverage, and elevated credit risks inherent in junior CLO positions.
Performance
FRBBX had a total return of 7.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.62%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.160 | Jun 25, 2026 |
| May 28, 2026 | $0.160 | May 29, 2026 |
| Apr 29, 2026 | $0.160 | Apr 30, 2026 |
| Mar 26, 2026 | $0.150 | Mar 27, 2026 |
| Feb 26, 2026 | $0.150 | Feb 27, 2026 |
| Jan 29, 2026 | $0.155 | Jan 30, 2026 |