KKR FS Income Trust Fulfills 80% of 1Q26 Redemption Requests

KKR FS Income Trust's 1Q26 tender offer was modestly oversubscribed, as the fund fulfilled 80% of tendered shares on a pro rata basis, paying out approximately $75.7 million to redeeming shareholders. The redemption pressure comes as the fund returned 0.59% over the first three months of the year, down year-over-year from 3.17%, but in-line with broader private credit trends.