Flat Rock Opportunity USD Fund (FROPX)
| Fund Assets | n/a |
| Expense Ratio | 5.16% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 2.72 |
| Dividend Yield | 15.35% |
| Dividend Growth | -3.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 26, 2025 |
| Previous Close | 17.69 |
| YTD Return | -0.30% |
| 1-Year Return | 4.83% |
| 5-Year Return | 82.96% |
| 52-Week Low | 17.12 |
| 52-Week High | 19.53 |
| Beta (5Y) | 0.13 |
| Holdings | 54 |
| Inception Date | n/a |
About FROPX
The Flat Rock Opportunity Fund is a mutual fund designed to generate current income while seeking long-term capital appreciation. It primarily invests in CLO Equity, providing exposure to a diversified pool of first lien loans. This strategy allows the fund to capitalize on the potential for high returns with relatively low correlation to traditional stock and bond markets. By focusing on CLOs, the fund offers a unique blend of income generation and the possibility for equity-like returns, making it suitable for investors seeking high income with a tolerance for leveraged credit risk. The fund's diversified portfolio includes a range of CLOs managed by different entities, making it a distinct player in the credit market.
Performance
FROPX had a total return of 4.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.27%.
Top 10 Holdings
43.72% of assets| Name | Symbol | Weight |
|---|---|---|
| JEFFERIES CREDIT PARTNERS DIRECT LENDING CLO 2024-II LTD - Jefferies Credit Partners DL CLO 2024-II Ltd | JCPDL.2024-2A SUB | 7.38% |
| Woodmont 2017-1 Trust - Woodmont Trust | WDMNT.2022-9A SUB | 5.70% |
| JEFFERIES CREDIT PARTNERS DIRECT LENDING CLO 2024-I LTD - Jefferies Credit Partners Direct Lending CLO Ltd. | JCPDL.2024-1A SUB | 4.68% |
| GUGGENHEIM CLO 2023-6 LLC - Guggenheim MM CLO LLC | GCF.2023-6I SUB | 4.60% |
| AUDAX SENIOR DEBT CLO 9 LLC - AUDAX 2024-9A SUB | n/a | 3.96% |
| Ivy Hill Middle Market Credit Fund XX Ltd. | IVYH.20A SUB | 3.59% |
| Churchill Middle Market CLO III Ltd. | CHMML.2021-1A SUB | 3.50% |
| Great Lakes Clo 2014-1 Ltd - Great Lakes CLO Ltd. | GRTLK.2014-1A SUB | 3.50% |
| Barings Middle Market CLO Ltd. | BMM.2023-IA SUB | 3.42% |
| New Mountain Guardian IV Feeder III, Ltd. | n/a | 3.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.220 | Jun 27, 2025 |
| May 28, 2025 | $0.220 | May 29, 2025 |
| Apr 29, 2025 | $0.220 | Apr 30, 2025 |
| Mar 27, 2025 | $0.220 | Mar 27, 2025 |
| Feb 10, 2025 | $0.220 | Feb 10, 2025 |
| Jan 8, 2025 | $0.220 | Jan 10, 2025 |