Credit QualityFBRT reduced its number of watchlist loans without any new downgrades during the quarter, showing improved credit quality.
Liquidity And Financial FlexibilityFBRT has ample liquidity, particularly after closing a $1.02B CLO, providing financial flexibility.
Loan Portfolio And Risk ProfileThe loan portfolio is composed of 99% senior loans and 95% floating rate, suggesting a lower risk profile and adaptability to interest rate changes.