Frequently Asked Questions About FROPX

What does FROPX invest in?

Continuously offered, non-diversified, closed-end interval fund. Primary objective is current income with secondary objective of long-term capital appreciation. Invests primarily in equity and junior debt tranches of CLOs, which hold diversified pools of senior secured loans made to below-investment-grade companies. Designed for long-term investors tolerant of limited liquidity and leveraged credit risk exposure.

What is the expense ratio of FROPX?

Flat Rock Opportunity Fund (FROPX) charges an expense ratio of 4.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FROPX?

Flat Rock Opportunity Fund (FROPX) manages $402.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FROPX actively managed or an index fund?

FROPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FROPX launched?

Flat Rock Opportunity Fund (FROPX) launched in April 2023 and is managed by the fund issuer.

How has FROPX performed?

FROPX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

FROPX

Flat Rock Opportunity Fund

NASDAQ·Asset Management · Financial Services

$13.67$0.02−0.15%

Market closed·Oct 23 8:06 AM EDT

Price Chart

$13.67−$0.02 (−0.15%)today

−39.94%CAGR −9.70%

Select date range

FromTo

Jan 15, 2019Oct 23, 2021 → Oct 23, 2026· 5.0 yrsOct 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$1.68

Distribution Yield (FWD)12.29%

Annual Distribution (TTM)$2.09

Distribution Yield (TTM)15.29%

Distribution Growth (5Y)−8.7%

FrequencyMonthly

Most Recent$0.14

Ex-Dividend DateSep 24

Payment DateSep 24

Cost & RiskExpenses Tab

Expense Ratio4.69%

Cost per 10k Invested$469

AUM$402.69M

Avg Daily Volume—

Price$13.67

NAV$13.67

Premium / Discount+0.00%

52-Week Range$13.67 – $17.05

Beta0.13

Fund Overview

Cost Verdict

Is FROPX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: —
Asset Class: Equity
Strategy: Thematic
Inception: April 17, 2023
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US3386601039
CUSIP: 338660103
Website: flatrockglobal.com/flat-rock-opportunity-fund/

Latest News

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Frequently Asked Questions About FROPX

What does FROPX invest in?: Continuously offered, non-diversified, closed-end interval fund. Primary objective is current income with secondary objective of long-term capital appreciation. Invests primarily in equity and junior debt tranches of CLOs, which hold diversified pools of senior secured loans made to below-investment-grade companies. Designed for long-term investors tolerant of limited liquidity and leveraged credit risk exposure.
What is the expense ratio of FROPX?: Flat Rock Opportunity Fund (FROPX) charges an expense ratio of 4.69%. This is the annual fee deducted from fund assets to cover management and operations.
How big is FROPX?: Flat Rock Opportunity Fund (FROPX) manages $402.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
Is FROPX actively managed or an index fund?: FROPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
When was FROPX launched?: Flat Rock Opportunity Fund (FROPX) launched in April 2023 and is managed by the fund issuer.
How has FROPX performed?: FROPX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.