Flat Rock Core Income Fund is a continuously offered, diversified, closed-end management investment company registered under the 1940 Act and structured as an interval fund. Organized as a Delaware statutory trust, the Fund commenced operations on November 20, 2020, by acquiring all assets and liabilities of Flat Rock Capital Corp. Its investment objective is the preservation of capital while generating current income and maximizing total return. The Fund primarily invests in senior secured loans of U.S. middle-market companies with EBITDA between $5 million and $75 million, and may also invest in below investment grade loans, junior debt tranches of CLOs, BDCs, and loan facilities, as well as opportunistic equity tranches of CLOs or equity securities received through restructurings. Shares are not exchange-listed and offer limited liquidity through quarterly repurchase offers of at least 5% of outstanding shares at net asset value. The Fund may use leverage within 1940 Act limits to enhance returns and manage cash flows.
News and Notices
Flat Rock Global, LLC
2017
'40 Act
Interval CEF
USD
Quarterly
Daily
1.74%
December 31
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Capital Flows
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
Notices
Jan 10, 2024
15:00
Compliance
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Flat Rock Core Income Fund reported its annual fund voting report for the year ended June 30, 2026, listing 0 other included managers and 0 series.
Dec 26, 2024
17:17
Compliance, Marketing Materials
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Flat Rock Core Income Fund received SEC co-investment exemptive relief on May 12, 2026, superseding its January 25, 2022 relief. The fund may co-invest alongside Flat Rock affiliates, subject to conditions that can limit participation in some investment opportunities.
Jan 12, 2026
09:45
Redemptions
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Flat Rock Core Income Fund announced a quarterly repurchase offer for up to 5% of outstanding shares at net asset value; June 5 net asset value was $19.20. Shareholders must submit requests by July 17, 2026.
Feb 28, 2026
16:19
Debt Issuances, Marketing Materials, Redemptions, Subscriptions
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Flat Rock Core Income Fund updated its registration statement and prospectus to reflect a continuous offering of unlimited common shares, quarterly repurchases of at least 5% of outstanding shares at NAV, and $85 million revolving credit facility terms through July 22, 2030. Investors remain subject to limited liquidity and potential pro rata repurchases if requests exceed the offer amount.
Sep 29, 2024
18:27
Debt Issuances, Distributions, Marketing Materials, Redemptions, Subscriptions
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Flat Rock Core Income Fund updated its Prospectus to reflect a continuous offering of unlimited common shares at NAV, quarterly repurchases of at least 5% of outstanding shares, and 2025 year-end leverage of $43.5 million under its credit facility. The updated terms mean investors remain subject to limited liquidity through quarterly repurchase offers and monthly distributions that may include return of capital.
Jun 29, 2025
17:28
Distributions, Marketing Materials, Redemptions
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Flat Rock Core Income Fund updated its continuous offering registration statement and prospectus, reaffirming its interval fund structure, unlimited common shares, 4.00% Series A Term Preferred Stock Due 2026, and $85 million revolving credit facility. The Fund will continue quarterly repurchase offers of at least 5% of outstanding shares at NAV and monthly distributions.
Jun 27, 2023
21:12
Marketing Materials, Redemptions, Subscriptions
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Flat Rock Core Income Fund updated its prospectus to reflect a continuous offering of unlimited common shares and an interval fund policy to repurchase at least 5% of outstanding shares quarterly at NAV. It also updated leverage disclosures for an $85 million credit facility, $43.5 million drawn, and 1,000 Series A Term Preferred shares outstanding.
Dec 20, 2024
09:47
Redemptions
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Flat Rock Core Income Fund announced a quarterly repurchase offer for up to 5% of its outstanding Shares, with the offer period running from March 20, 2026 through April 24, 2026 and repurchases priced at NAV. Shareholders may tender shares by the deadline, and oversubscribed tenders may be accepted on a pro rata basis.
May 19, 2024
09:42
Performance, Redemptions
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Flat Rock Core Income Fund announced a quarterly repurchase offer for up to 5% of outstanding Shares at NAV, with requests due January 23, 2026 and NAV reported at $19.83 per share on December 12, 2025. Shareholders may tender Shares for cash, subject to pro rata repurchase if oversubscribed.
Aug 19, 2025
09:46
Redemptions
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Flat Rock Core Income Fund announced a quarterly repurchase offer for up to 5% of its outstanding Shares at NAV, with the offer period running from September 19, 2025 to October 24, 2025 and NAV on September 12, 2025 at $20.01 per share. Shareholders may tender Shares by October 24, 2025, with proceeds paid within seven calendar days after pricing and subject to pro rata acceptance if oversubscribed.
Preview
Flat Rock Core Income Fund
Flat Rock Global, LLC is responsible for managing Flat Rock Core Income Fund.
Flat Rock Core Income Fund launched in 2017.
Flat Rock Core Income Fund is registered as a '40 Act fund.
Flat Rock Core Income Fund is structured as a Interval CEF fund.
You can invest in Flat Rock Core Income Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Flat Rock Core Income Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Flat Rock Core Income Fund quarterly, subject to redemption limits and notice requirements.
Shares of Flat Rock Core Income Fund can be purchased in USD.
Flat Rock Core Income Fund's fiscal year end is December 31.
Flat Rock Core Income Fund's net asset value was $308.4 million and its portfolio had a fair value of $375.6 million as of December 31, 2025.
Among other deal types, Flat Rock Core Income Fund primarily makes Debt Investments.
Among other asset classes, Flat Rock Core Income Fund primarily invests in Direct Lending.
Among other regions, Flat Rock Core Income Fund primarily invests in the USA and North America.
Flat Rock Core Income Fund charges a 1.38% annual management fee, which is calculated based on NAV.
There is no minimum initial investment for CORFX shares, allowing you to invest any amount.
There is no minimum subsequent investment for CORFX shares, allowing you to invest any amount.
You will be subject to paying an early repurchase/redemption fee of 0%.
Flat Rock Core Income Fund's CORFX share class generated an annualized 1-month return of 6.48% and 5-year return of 8.04% as of December 31, 2025.
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