Vehicle file · Non-traded BDC

KKR FS Income Trust Select

What its SEC filings show.

SEC CIK 1975736·Inc. DE·Fiscal year end 12/31·Data as filed · pulled Oct 12, 2026

What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

KKR FS Income Trust Select is a non-traded BDC registered with the SEC under CIK 1975736 (incorporated in DE). Its most recent filing is an SC TO-I/A (issuer tender offer (amendment)) dated Oct 5, 2026. As of Jun 30, 2026 it reported total assets of $1.61B (up 76.9% from $910.3M a year earlier) and stockholders' equity of $1.01B. Net income (loss) for the six months to Jun 30, 2026 was $11.8M. It raised $110.9M from new shares in the six months to Jun 30, 2026; paid $19.7M in distributions in the six months to Jun 30, 2026; spent $39.9M repurchasing shares in the six months to Jun 30, 2026. Reported NAV per share: $24.84 as of Jun 30, 2026.

What the figures say together

Our arithmetic on the issuer's own figures, only pairing numbers from the same period or date, and ranked against the 70 other vehicles of this type we track.

In the six months to Jun 30, 2026 it raised $110.9M and paid $39.9M to buy back shares: a net inflow of $71.0M.
Liabilities were 38% of total assets at Jun 30, 2026. It ranks 17th of the 69 vehicles of this type that report the same figures (1st = least leveraged).
The management fee ran at about 1.26% a year of stockholders' equity ($6.2M in the six months to Jun 30, 2026, annualised; our arithmetic). It ranks 24th of the 55 vehicles of this type that report the same figures (1st = lowest fee).
NAV per share moved down 2.8% in a year, from $25.55 to $24.84 (before distributions). It ranks 31st of the 58 vehicles of this type that report the same figures (1st = best NAV change).

Key figures, as filed.

Balance sheet

Figure	Latest	Period	A year earlier	Change	Source
Total assets	$1.61B	as of Jun 30, 2026	$910.3M	+76.9%	10-Q · Aug 12, 2026
Investments at fair value	$1.55B	as of Jun 30, 2026	$869.9M	+78.6%	10-Q · Aug 12, 2026
Total liabilities	$604.7M	as of Jun 30, 2026	$254.0M	+138.1%	10-Q · Aug 12, 2026
Debt (carrying amount)	$572.9M	as of Jun 30, 2026	$216.6M	+164.5%	10-Q · Aug 12, 2026
Stockholders' equity	$1.01B	as of Jun 30, 2026	$656.3M	+53.3%	10-Q · Aug 12, 2026
NAV per share	$24.84	as of Jun 30, 2026	$25.55	−2.8%	10-Q · Aug 12, 2026
Shares outstanding	40.5M shares	as of Jun 30, 2026	25.7M shares	+57.7%	10-Q · Aug 12, 2026
Shares outstanding (cover page)	39.7M shares	as of Jul 31, 2026	27.5M shares	+44.5%	10-Q · Aug 12, 2026

Results and cash flow

Figure	Latest	Period	A year earlier	Change	Source
Net income (loss)	$11.8M	six months to Jun 30, 2026	$28.9M	−59.1%	10-Q · Aug 12, 2026
Cash from operations	−$19.3M	six months to Jun 30, 2026	−$401.5M	+95.2%	10-Q · Aug 12, 2026
Interest expense	$18.1M	six months to Jun 30, 2026	$6.0M	+203.0%	10-Q · Aug 12, 2026
Management fees	$6.2M	six months to Jun 30, 2026	$3.1M	+102.0%	10-Q · Aug 12, 2026

Capital raised, distributions and repurchases

Figure	Latest	Period	A year earlier	Change	Source
Capital raised (common stock issued)	$110.9M	six months to Jun 30, 2026	$285.4M	−61.1%	10-Q · Aug 12, 2026
Distributions paid to common	$19.7M	six months to Jun 30, 2026	$12.2M	+62.0%	10-Q · Aug 12, 2026
Share repurchases (cash paid)	$39.9M	six months to Jun 30, 2026	$1.9M	+2013.9%	10-Q · Aug 12, 2026

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

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We can tell you what the filings say. What we cannot tell you is what it means for your particular position, your tax situation and the rest of your portfolio, and anyone who does that from a web page without knowing your circumstances is guessing. With money in a non-traded BDC whose repurchases are capped each quarter, that is the part that actually matters.

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Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Oct 5, 2026SC TO-I/A · Issuer tender offer (amendment)EDGAR ↗
Oct 5, 20268-K · Current reportItems 8.01EDGAR ↗
Oct 2, 20268-K · Current reportItems 1.01,9.01EDGAR ↗
Sep 18, 20268-K · Current reportItems 3.02,8.01,9.01EDGAR ↗
Sep 4, 20268-K · Current reportItems 8.01EDGAR ↗
Sep 1, 2026SC TO-I · Issuer tender offerEDGAR ↗
Aug 21, 20268-K · Current reportItems 3.02,8.01,9.01EDGAR ↗
Aug 12, 202610-Q · Quarterly reportEDGAR ↗
Jul 31, 20268-K · Current reportItems 8.01,9.01EDGAR ↗
Jul 24, 2026SC TO-I/A · Issuer tender offer (amendment)EDGAR ↗
Jul 21, 20268-K · Current reportItems 3.02,8.01,9.01EDGAR ↗
Jul 9, 20268-K · Current reportItems 8.01,9.01EDGAR ↗
Jul 6, 2026SC TO-I/A · Issuer tender offer (amendment)EDGAR ↗
Jun 18, 20268-K · Current reportItems 3.02,8.01,9.01EDGAR ↗
Jun 8, 20268-K · Current reportItems 8.01,9.01EDGAR ↗
Jun 1, 2026SC TO-I · Issuer tender offerEDGAR ↗
May 21, 20268-K · Current reportItems 3.02,8.01,9.01EDGAR ↗
May 20, 20268-K · Current reportItems 1.01,9.01EDGAR ↗
May 13, 202610-Q · Quarterly reportEDGAR ↗
May 1, 20268-K · Current reportItems 8.01,9.01EDGAR ↗
Apr 27, 202640-APP/A · FilingEDGAR ↗
Apr 27, 2026SC TO-I/A · Issuer tender offer (amendment)EDGAR ↗
Apr 21, 20268-K · Current reportItems 3.02,8.01,9.01EDGAR ↗
Apr 13, 20268-K · Current reportItems 8.01,9.01EDGAR ↗
Apr 1, 2026SC TO-I/A · Issuer tender offer (amendment)EDGAR ↗

Our reads on KKR FS Income Trust Select.

01K-FIT Redemptions: KKR FS Income Trust Paid About 80% in Q1 2026, Then 100%. Its Sister Fund Paid 20% of Distributions From CapitalOct 6, 2026

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1975736, retrieved Oct 12, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

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KKR FS Income Trust Select

What the figures say together

Key figures, as filed.

Filing timeline.

Our reads on KKR FS Income Trust Select.

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