FS KKR Capital Corp, a leading investment firm, is facing significant challenges as its earnings reveal a rising non-accrual ratio and a dividend pay-out ratio over 100%. The company's key investments are experiencing financial strains, leading to a deterioration in credit quality. As a result, the stock classification of FS KKR Capital Corp has shifted from Buy to Hold. The company's investment portfolio consists of 66% Senior Secured Loans valued at $14.6 billion. The non-accrual ratio has jumped to 5.5%, indicating a growing number of loans that are not generating interest income. This has raised concerns among investors and resulted in an 8% drop in the company's stock price. [33b12f7a]