# EDGAR Filing Document

**Accession Number:** 0001814390
**File Stem:** 0000910472-26-007507
**Filing Date:** 2026-5
**Character Count:** 67719
**Document Hash:** 77e5805a54c5369286c34b9aaae21f69
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007507.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0000910472-26-007507

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Flat Rock Core Income Fund
- **CENTRAL INDEX KEY:** 0001814390

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23579
- **FILM NUMBER:** 261024788

**BUSINESS ADDRESS:**
- **STREET 1:** 680 S. CACHE STREET
- **STREET 2:** SUITE 100
- **CITY:** JACKSON
- **STATE:** WY
- **ZIP:** 83001
- **BUSINESS PHONE:** (307) 500-5200

**MAIL ADDRESS:**
- **STREET 1:** 680 S. CACHE STREET
- **STREET 2:** SUITE 100
- **CITY:** JACKSON
- **STATE:** WY
- **ZIP:** 83001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Flat Rock Capital Credit Fund
- **DATE OF NAME CHANGE:** 20200617

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Flat Rock Capital Fund
- **DATE OF NAME CHANGE:** 20200608

## Nport-Ex

Flat

Rock

Core

Income

Fund

Consolidated

Schedule

of

Investments

March

31,

2026

-

(Unaudited)

COLLATERALIZED

LOAN

OBLIGATIONS

DEBT

(a)(b) —

48.16%

P

ri

nc

i

p

al

Amo

u

nt

F

air

V

alu

e

ABPCI

Direct

Lending

Fund

ABS

II,

LLC,

Series

2022-2A,

Class

B,

4.99%,

3/1/2032

$

5,692,784

$

5,277,542

ABPCI

Direct

Lending

Fund

CLO

II,

LLC,

Series

2017-1A,

Class

ERR,

11.17%,

7/20/2037

(3M

US

SOFR

+

750

bps)

(c) 2,600,000

2,563,398

ABPCI

Direct

Lending

Fund

CLO

V

Ltd.,

Series

2019-5A,

Class

D,

11.80%,

1/20/2036

(3M

US

SOFR

+

813

bps)

(c) 5,250,000

5,278,174

Barings

Middle

Market

CLO

Ltd.,

Series

2023-IIA,

Class

DR,

10.67%,

7/20/2034

(3M

US

SOFR

+

700

bps)

(c) 4,300,000

4,232,032

BCC

Middle

Market

CLO,

LLC,

Series

2023-2A,

Class

ER,

10.70%,

10/21/2035

(3M

US

SOFR

+

700

bps)

(c) 6,000,000

5,917,217

Blackrock

Mt.

Hood

CLO

X,

LLC,

Series

2023-1A,

Class

ER,

11.17%,

10/20/2037

(3M

US

SOFR

+

750

bps)

(c) 500,000

492,756

Blackrock

Mt.

Lassen

CLO

XV,

LLC,

Series

2025-1I,

Class

E,

11.92%,

7/15/2037

(3M

US

SOFR

+

825

bps)

(c) 4,000,000

4,017,800

Blackrock

Shasta

CLO

XIV,

LLC,

Series

2024-2A,

Class

E,

11.17%,

7/15/2036

(3M

US

SOFR

+

750

bps)

(c)(d) 4,000,000

3,954,790

Brightwood

Capital

MM

CLO

Ltd.,

Series

2023-1A,

Class

ER,

11.15%,

10/15/2035

(3M

US

SOFR

+

725

bps)

(c) 2,000,000

1,972,275

Brightwood

Capital

MM

CLO

Ltd.,

Series

2024-2A,

Class

D,

9.42%,

4/15/2036

(3M

US

SOFR

+

575

bps)

(c) 5,000,000

4,984,837

Eldridge

MMPC

CLO

Ltd.,

Series

2026-1A,

Class

ER,

10.37%,

1/15/2037

(3M

US

SOFR

+

675

bps)

(c) 4,000,000

4,000,000

Eldridge

MMPC

CLO

Ltd.,

Series

2025-2A,

Class

E,

10.58%,

1/15/2038

(3M

US

SOFR

+

690

bps)

(c) 6,000,000

5,914,396

Fortress

Credit

Opportunities

XIX

CLO,

LLC,

Series

2022-19A,

Class

ER,

11.67%,

10/15/2036

(3M

US

SOFR

+

800

bps)

(c) 7,500,000

7,405,411

Fortress

Credit

Opportunities

XXI

CLO,

LLC,

Series

2023-21A,

Class

ER,

10.92%,

1/21/2037

(3M

US

SOFR

+

725

bps)

(c) 10,000,000

9,869,442

Great

Lakes

CLO

Ltd.,

Series

2014-1A,

Class

FR,

13.93%,

10/15/2029

(3M

US

SOFR

+

1026

bps)

(c) 3,000,000

3,017,741

Great

Lakes

CLO

Ltd.,

Series

2019-1A,

Class

ERR,

11.17%,

4/15/2037

(3M

US

SOFR

+

750

bps)

(c) 5,000,000

4,933,734

Ivy

Hill

Middle

Market

Credit

Fund

VII

Ltd.,

Series

7A,

Class

ER3,

11.02%,

10/15/2036

(3M

US

SOFR

+

735

bps)

(c) 6,000,000

5,963,456

Jefferies

Credit

Partners

DL

CLO

Ltd.,

Series

2024-1A,

Class

E,

11.92%,

7/25/2036

(3M

US

SOFR

+

825

bps)

(c) 2,000,000

1,977,756

Maranon

Loan

Funding

Ltd.,

Series

2021-3A,

Class

ER,

11.49%,

10/15/2036

(3M

US

SOFR

+

782

bps)

(c) 5,050,000

4,982,591

Maranon

Loan

Funding

Ltd.,

Series

2023-1A,

Class

ER,

11.42%,

7/15/2037

(3M

US

SOFR

+

775

bps)

(c) 4,800,000

4,734,849

Maranon

Loan

Funding

Ltd.,

Series

2025-1A,

Class

E,

10.84%,

10/15/2037

(3M

US

SOFR

+

700

bps)

(c) 4,000,000

3,944,887

MCF

CLO

IV,

LLC,

Series

2014-1A,

Class

ER3,

10.42%,

10/16/2037

(3M

US

SOFR

+

675

bps)

(c) 5,000,000

4,926,791

MCF

CLO

VII,

LLC,

Series

2017-3A,

Class

ER2,

10.67%,

7/20/2037

(3M

US

SOFR

+

700

bps)

(c) 3,300,000

3,253,477

Flat

Rock

Core

Income

Fund

Consolidated

Schedule

of

Investments

(continued)

March

31,

2026

-

(Unaudited)

COLLATERALIZED

LOAN

OBLIGATIONS

DEBT

(a)(b) —

48.16%

-

continued

P

ri

nc

i

p

al

Amo

u

nt

F

air

V

alu

e

Monroe

Capital

ABS

Funding

II

LP,

Series

2025-1A,

Class

C,

9.65%,

1/7/2036

(3M

US

SOFR

+

600

bps)

(c) $

9,250,000

$

9,250,000

Monroe

Capital

MML

CLO

VIII

Ltd.,

Series

2019-1A,

Class

ER,

12.29%,

11/22/2033

(3M

US

SOFR

+

862

bps)

(c) 6,250,000

6,180,105

Monroe

Capital

MML

CLO

X

Ltd.,

Series

2020-1A,

Class

ER2,

11.41%,

8/20/2037

(3M

US

SOFR

+

775

bps)

(c) 6,000,000

5,920,343

Mount

Logan

Funding

LP,

Series

2018-1A,

Class

ER,

12.39%,

1/22/2033

(3M

US

SOFR

+

872

bps)

(c) 6,500,000

6,428,650

PennantPark

CLO

V

Ltd.,

Series

2022-5A,

Class

ER,

11.62%,

10/15/2033

(3M

US

SOFR

+

795

bps)

(c) 4,000,000

3,948,461

THL

Credit

Lake

Shore

MM

CLO

I

Ltd.,

Series

2019-1A,

Class

ER,

12.90%,

4/15/2033

(3M

US

SOFR

+

923

bps)

(c) 5,000,000

4,951,901

Woodmont

Trust,

Series

2022-9A,

ER,

11.44%,

10/25/2036

(3M

US

SOFR

+

777 bps)

(c) 2,000,000

2,002,500

TOTAL

COLLATERALIZED

LOAN

OBLIGATIONS

DEBT

(Cost $143,846,976)

142,297,312

COLLATERALIZED

LOAN

OBLIGATIONS

EQUITY

(a)(b)(e)

—

5.87%

Barings

Middle

Market

CLO

Ltd.,

Series

2021-1A,

Subordinated

Notes,

17.89%,

7/20/2033

6,300,000

5,072,411

BlackRock

Elbert

CLO

V,

LLC,

Series

5I,

Subordinated

Notes,

0.00%,

6/15/2034

2,000,000

555,406

BlackRock

Maroon

Bells

CLO

XI,

LLC,

Series

2022-1A,

Subordinated

Notes,

6.55%,

1/15/2038

10,191,083

2,806,589

Blackrock

Mt.

Hood

CLO

X,

LLC,

Series

2023-1A,

Class

VDN,

8.95%,

4/20/2035

5,396,063

1,887,468

Churchill

Middle

Market

CLO

III

Ltd.,

Series

2021-1A,

Subordinated

Notes,

0.00%,

10/24/2033

5,000,000

500

Jefferies

Credit

Partners

DL

CLO

Ltd.,

Series

2024-2A,

Subordinated

Notes,

16.44%,

1/20/2037

5,671,692

5,140,842

TCP

Whitney

CLO,

LLC,

Series

1A,

Subordinated

Notes,

4.91%,

8/20/2033

5,000,000

1,871,336

TOTAL

COLLATERALIZED

LOAN

OBLIGATIONS

EQUITY

(Cost $24,136,880)

17,334,552

FIRST

LIEN

SENIOR

SECURED

DEBT

(a) —

49.56%

Accordion

Partners,

11/15/2031

(3M

US

SOFR

+

500

bps)

(c)(f) 6,363,547

6,310,175

Accordion

Partners

-

Revolver,

11/15/2031

(.50%)

(f)(g) 608,696

603,590

Amerit

Fleet

Parent,

LLC

-

Revolver,

1/27/2032

(.50%)

(f)(g) 596,610

582,854

Amerit

Fleet

Parent,

LLC

-

Revolver,

1/27/2032

(3M

US

SOFR

+

525

bps)

(c)(f) 488,136

476,880

Amerit

Fleet

Parent,

LLC

-

Term

Loan,

1/27/2032

(3M

US

SOFR

+

525

bps)

(c)(f) 6,882,942

6,724,236

Arc

Health

-

DDTL,

10/10/2030

(f)(g) 2,775,087

2,734,918

Arc

Health

-

Term

Loan,

10/10/2030

(1M

US

SOFR

+

bps)

(c)(f) 4,216,403

4,155,371

Bounteous,

Inc.

-

Term

Loan,

8/2/2029

(1M

US

SOFR

+

bps)

(c)(f) 4,215,633

4,215,633

Capitol

Imaging

-

DDTL,

1/3/2030

(f)(g) 263,699

260,983

Flat

Rock

Core

Income

Fund

Consolidated

Schedule

of

Investments

(continued)

March

31,

2026

-

(Unaudited)

FIRST

LIEN

SENIOR

SECURED

DEBT

(a) —

49.56%

-

continued

P

ri

nc

i

p

al

Amo

u

nt

F

air

V

alu

e

Capitol

Imaging

-

Revolver,

1/3/2030

(f)(g) $

167,808

$

166,080

Capitol

Imaging

-

Revolver,

1/3/2030

(3M

US

SOFR

+

500

bps)

(c)(f) 191,781

189,805

Capitol

Imaging

-

Term

Loan,

1/3/2030

(3M

US

SOFR

+

500

bps)

(c)(f) 6,316,227

6,251,170

Congruex

Group,

LLC

-

Term

Loan,

5/3/2029

(3M

US

SOFR

+

650

bps)

(c) (f)(h) 7,445,692

6,108,118

Consor

Intermediate

II,

LLC

-

DDTL,

5/10/2031

(1.00%)

(f)(g) 1,495,775

1,488,305

Consor

Intermediate

II,

LLC

-

Revolver,

5/10/2031

(.50%)

(f)(g) 507,042

504,510

Consor

Intermediate

II,

LLC

-

Term

Loan,

5/10/2031

(1M

US

SOFR

+

bps)

(c)(f) 3,785,193

3,766,290

Consor

Intermediate

II,

LLC

Revolver,

5/10/2031

(.50%)

(f)(g) 169,014

168,170

Cooper's

Hawk

-

DDTL,

7/29/2031

(.50%)

(f)(g) 515,789

513,211

Cooper's

Hawk

-

Revolver,

7/29/2031

(.50%)

(f)(g) 147,368

146,632

Cooper's

Hawk

-

Revolver,

7/29/2031

(3M

US

SOFR

+

550

bps)

(c)(f) 368,421

366,579

Cooper's

Hawk

-

Term

Loan,

7/29/2031

(3M

US

SOFR

+

550

bps)

(c)(f)(g)

5,968,421

5,938,579

Crane

Engineering

Sales

-

Term

Loan,

8/25/2029

(3M

US

SOFR

+

bps)

(c)(f) 7,446,202

7,388,123

Diversified

Risk

Holdings

-

Revolver,

4/30/2027

(f)(g) 157,037

149,185

Diversified

Risk

Holdings

-

Revolver,

4/30/2027

(3M

US

SOFR

+

625

bps)

(c)(f) 139,259

132,296

Diversified

Risk

Holdings

-

Term

Loan,

4/30/2027

(3M

US

SOFR

+

625

bps)

(c)(f) 5,363,596

5,095,416

Drive

Automotive

Services,

LLC

-

Term

Loan,

8/2/2026

(3M

US

SOFR

+

615

bps)

(c)(f)(h)

148,108

119,768

Dun

&

Bradstreet

-

Term

Loan,

8/26/2032

(1M

US

SOFR

+

550

bps)

(c)(f)(i)

4,000,000

3,740,000

ETC

Group

-

Holdco

Term

Loan,

1/29/2032

(1M

US

SOFR

+

900

bps)

(c)(f)(h)

229,422

222,563

ETC

Group

-

Opco

Term

Loan,

1/29/2032

(1M

US

SOFR

+

500

bps)

(c)(f)(h)

397,292

390,559

Flagship

Oral

Surgery

Partners,

LLC

-

DDTL,

11/25/2026

(1.00%)

(f)(g) 1,305,183

1,305,183

Flagship

Oral

Surgery

Partners,

LLC

-

Term

Loan,

12/20/2027

(3M

US

SOFR

+

600

bps)

(c)(f) 3,671,832

3,671,832

Inmar,

Inc.

-

Term

Loan,

10/30/2031

(1M

US

SOFR

+

bps)

(c)(f) 1,905,798

1,821,238

Isagenix

International,

LLC

-

Term

Loan,

4/14/2028

(3M

US

SOFR

+

660

bps)

(c)(f)(h)

1,496,550

233,462

Mag

Aerospace

-

Term

Loan,

4/1/2027

(3M

US

SOFR

+

550

bps)

(c)(f) 3,717,131

3,691,148

Magnate

Worldwide,

LLC

-

Incremental

Term

Loan,

12/30/2028

(3M

US

SOFR

+

550

bps)

(c)(f) 2,962,500

2,936,726

Magnate

Worldwide,

LLC

-

Term

Loan,

12/30/2028

(3M

US

SOFR

+

550

bps)

(c)(f) 3,805,366

3,772,259

Nellson

Neutraceutical

DDTL,

4/7/2031

(1.00%)

(f)(g) 346,535

343,936

Nellson

Neutraceutical

Revolver,

4/7/2031

(.50%)

(f)(g) 582,178

577,812

Nellson

Neutraceutical

Revolver,

4/7/2031

(3M

US

SOFR

+

575

bps)

(c)(f) 318,812

316,421

Nellson

Neutraceutical

US

-

Term

Loan,

4/7/2031

(3M

US

SOFR

+

575

bps)

(c)(f) 5,741,386

5,698,326

Profile

Products,

LLC

-

Term

Loan,

11/12/2027

(1M

US

SOFR

+

575

bps)

(c)(f) 2,905,233

2,801,516

S&P

Engineering

Solutions

-

Term

Loan,

5/2/2030

(3M

US

SOFR

+

500

bps)

(c)(f)(i)

4,887,500

4,926,502

SGA

Dental

Partners

-

DDTL,

7/17/2029

(1.00%)

(f)(g) 725,556

718,167

SGA

Dental

Partners

-

Term

Loan,

7/17/2029

(3M

US

SOFR

+

550

bps)

(c)(f) 7,311,422

7,236,964

Flat

Rock

Core

Income

Fund

Consolidated

Schedule

of

Investments

(continued)

March

31,

2026

-

(Unaudited)

FIRST

LIEN

SENIOR

SECURED

DEBT

(a) —

49.56%

-

continued

P

ri

nc

i

p

al

Amo

u

nt

F

air

V

alu

e

Solaray,

LLC

-

Term

Loan,

3/27/2029

(3M

US

SOFR

+

650

bps)

(c)(f)(h)

$

1,595,190

$

1,415,447

Solaray,

LLC

-

Term

Loan,

3/27/2029

(3M

US

SOFR

+

650

bps)

(c)(f)(h)

1,399,332

1,241,657

Solaray,

LLC

-

Term

Loan,

3/27/2029

(3M

US

SOFR

+

650

bps)

(c)(f)(h)

1,686,186

1,496,190

Thryv,

Inc.

-

Term

Loan,

5/1/2029

(1M

US

SOFR

+

675

bps)

(c)(f) 2,025,000

1,983,488

Trulite

Holding

Corp.

-

Term

Loan,

3/1/2030

(1M

US

SOFR

+

600

bps)

(c)(f) 2,794,237

2,570,698

Vehicle

Management

Services,

LLC

- Revolver,

7/26/2027

(1.00%)

(f)(g) 415,224

415,224

Vehicle

Management

Services,

LLC

- Revolver,

7/26/2027

(1M

US

SOFR

+

625

bps)

(c)(f)(g)

326,247

326,247

Vehicle

Management

Services,

LLC

-

Term

Loan,

7/26/2027

(1M

US

SOFR

+

625

bps)

(c)(f) 7,590,729

7,590,728

Viapath

Technologies

-

Term

Loan,

8/6/2029

(1M

US

SOFR

+

750

bps)

(c)(f) 2,425,130

2,425,130

Watterson

-

Term

Loan,

12/17/2026

(1200

bps)

(f)(h)(i)

4,250,418

3,305,726

Xenon

Arc,

Inc.

-

Term

Loan,

12/20/2028

(1M

US

SOFR

+

575

bps)

(c)(f) 7,940,000

7,799,461

Zavation

Medical

Products,

LLC

-

Revolver,

6/30/2028

(.50%)

(f)(g) 351,029

350,924

Zavation

Medical

Products,

LLC

-

Revolver,

6/30/2028

(3M

US

SOFR

+

575

bps)

(c)(f) 117,010

116,975

Zavation

Medical

Products,

LLC

-

Term

Loan,

6/30/2028

(3M

US

SOFR

+

575

bps)

(c)(f) 6,434,924

6,432,993

TOTAL

FIRST

LIEN

SENIOR

SECURED

DEBT

(Cost $150,945,723)

146,432,379

FEEDER

FUND

INVESTMENT

-

EQUITY

(a) (b)(j)

—

4.55%

Bain

Capital

Global

Direct

Lending

Fund

U

II

RN

LP,

Series

2025-1A,

Subordinated

Notes,

0.00%,

6/18/2036

4,000,000

3,600,000

New

Mountain

Guardian

IV

Feeder

III

Ltd.,

Subordinated

Notes,

6.50%,

8/28/2037

10,000,000

9,850,000

TOTAL

FEEDER

FUND

INVESTMENT

-

EQUITY

(Cost $13,550,540)

13,450,000

FEEDER

FUND

INVESTMENT

-

DEBT

(a) (b)(c)(k)

—

2.22%

Bain

Capital

Global

Direct

Lending

Fund

U

II

RN

LP,

Series

2025-1A,

Class

D,

12.29%,

6/18/2036

(3M

US

SOFR

+

800

bps)

500,000

497,000

Guggenheim

Invest

Private

Debt

Fund

IV

Feeder,

LLC,

Series

2025-1A,

Class

C,

11.17%,

4/10/2038

(3M

US

SOFR

+

750

bps)

6,055,865

6,055,865

TOTAL

FEEDER

FUND

INVESTMENT

-

DEBT

(Cost $6,551,107)

6,552,865

COMMON

STOCKS

(a) —

0.10%

Sh

ar

e

s

F

air

V

alu

e

ETC

Group

(l) 1,274,451

306,889

Isagenix

International,

LLC

(l) 85,665

—

TOTAL

COMMON

STOCKS

(Cost $306,889)

306,889

PRIVATE

INVESTMENT

FUNDS

—

14.37%

BCP

Great

Lakes

II

-

Series

B

Holdings

LP

(m) N/A

10,339,437

Hercules

Private

Global

Venture

Growth

Fund

I

LP

(m) N/A

18,677,035

TriplePoint

Private

Venture

Credit,

Inc.

1,324,395

13,455,848

TOTAL

PRIVATE

INVESTMENT

FUNDS

(Cost $48,720,021)

42,472,320

Flat

Rock

Core

Income

Fund

Consolidated

Schedule

of

Investments

(continued)

March

31,

2026

-

(Unaudited)

SHORT-TERM

INVESTMENTS

-

0.69%

Sh

ar

e

s

F

air

V

alu

e

MONEY

MARKET

FUNDS

-

0.69%

First

American

Government

Obligations

Fund,

Class

X,

3.58%

(n) 2,048,209

$

2,048,209

TOTAL

SHORT-TERM

INVESTMENTS

(Cost

$2,048,209)

2,048,209

TOTAL

INVESTMENTS

—

125.52%

(Cost

$390,106,345)

370,894,526

Liabilities

in

Excess

of

Other

Assets — (25.52)%

(75,409,295)

NET

ASSETS

—

100.00%

$

295,485,231

(a) The

level

assets

were

a

result

of

unavailable

quoted

prices

from

an

active

market

or

the

unavailability

of

other

significant

observable

inputs.

(b) Securities

exempt

from

registration

under

the

Securities

Act

of

1933,

and

are

deemed

to

be

"restricted"

securities.

As

of

March

31,

2026,

the

total

fair

value

of

these

securities

amounts

to

$179,634,729,

which

represents

60.79%

of

net

assets.

(c) Variable

rate

security.

Interest

rate

resets

periodically.

The

rate

shown

is

the

effective

interest

rate

as

of

March

31,

2026. For

securities

based

on

a

published

reference

rate

and

spread,

the

reference

rate

and

spread

(in

basis

points)

are

indicated

parenthetically.

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.

These

securities,

therefore,

do

not

indicate

a

reference

rate

and

spread.

(d) Purchase

of

this

security

was

settled

after

March

31,

2026. (e) Collateralized

loan

obligation

("CLO")

equity

positions

are

entitled

to

recurring

distributions

which

are

generally

equal

to

the

remaining

cash

flow

of

payments

made

by

underlying

securities

less

contractual

payments

to

debt

holders

and

CLO

expenses.

The

effective

yield

is

estimated

based

upon

the

current

projection

of

the

amount

and

timing

of

these

recurring

distributions

in

addition

to

the

estimated

amount

of

terminal

principal

payment.

Effective

yields

for

the

CLO

equity

positions

are

updated

generally

once

a

quarter

or

in

connection

with

a

transaction

such

as

an

add-on

purchase,

refinancing

or

reset.

The

estimated

yield

and

investment

cost

may

ultimately

not

be

realized.

Total

fair

value

of

the

securities

is

$17,334,552,

which

represents

5.87%

of

net

assets

as

of

March

31,

2026. (f) All

or

a

portion

of

the

security

has

been

pledged

as

collateral

in

connection

with

the

credit

facility

with

certain

funds

and

accounts

managed

by

Cadence

Bank,

N.A.

(the

"Credit

Facility").

At

March

31,

2026,

the

value

of

securities

pledged

amounted

to

$146,432,379,

which

represents

approximately

49.56%

of

net

assets

(g) Investment

has

been

committed

to

but

has

not

been

funded

by

the

Fund

as

of

March

31,

2026. (h) A

portion

of

the

stated

interest

rate

is

payment-in-kind.

(i) Investment

was

acquired

via

participation

agreement.

(j) Equity

tranches

in

securitizations

of

limited

partnership

interests

in

a

loan

fund

("Feeder

Fund

Investment

—

Equity")

are

entitled

to

recurring

distributions

which

are

generally

equal

to

the

remaining

cash

flow

of

payments

made

by

the

underlying

loan

fund

less

contractual

payments

to

debt

holders

and

fund

expenses.

The

effective

yield

is

estimated

based

upon

the

current

projections

of

the

amount

and

timing

of

these

recurring

distributions

in

addition

to

the

estimated

amount

of

the

terminal

principal

payment.

Effective

yields

are

generally

updated

once

a

quarter

or

in

connection

with

events

such

as

an

add-on

purchase,

refinancing

or

reset.

The

estimated

yield

and

investment

cost

may

ultimately

not

be

realized.

As

of

March

31,

2026,

the

total

fair

value

of

Feeder

Fund

Investments

—

Equity

was

$13,450,000,

representing

4.55%

of

net

assets.

(k) Debt

tranches

in

securitizations

of

limited

partnership

interests

in

a

loan

fund

("Feeder

Fund

Investments

—

Debt")

are

entitled

to

contractual

interest

payments

derived

from

the

cash

flows

generated

by

the

underlying

loan

fund.

As

of

March

31,

2026,

the

total

fair

value

of

Feeder

Fund

Investments

—

Debt

was

$6,552,865,

representing

2.22%

of

net

assets.

Flat

Rock

Core

Income

Fund

Consolidated

Schedule

of

Investments

(continued)

March

31,

2026

-

(Unaudited)

Reference

Rates:

1M

US

SOFR

–

Month

SOFR

as

of

March

31,

2026

was

3.65%.

3M

US

SOFR

–

Month

SOFR

as

of

March

31,

2026

was

3.68%.

(l) Non-income

producing

security.

(m) Private

investment

fund

does

not

issue

shares.

(n) Rate

disclosed

is

the

seven

day

effective

yield

as

of

March

31,

2026. SOFR

-Secured

Overnight

Financing

Rate

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Flat Rock Core Income Fund

- **b. Investment Company Act file number:** 811-23579

- **c. CIK number of Registrant:** 0001814390

- **d. LEI of Registrant:** 549300XA8XWZFX4IHI07

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 680 S. Cache Street

  - **City:** Jackson

  - **State:** WY

  - **Foreign country:** US

  - **Zip / Postal Code:** 83001

  - **Telephone number:** 307-500-5200

**Item A.2. Information about the Series.**

- **a. Name of Series:** Flat Rock Core Income Fund

- **c. LEI of Series:** 549300XA8XWZFX4IHI07

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $376193528.55

**Total Liabilities:** $80712828.98

**Net Assets:** $295480699.57

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 2192.17249999 | **30-Year:** 4.51250000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 130.74834867 | **1-Year:** 12071.99576999 | **5-Year:** 34159.48864417 | **10-Year:** 42090.46689250 | **30-Year:** 1877.11452363

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.48%                | -0.13%               | -0.08%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9.65                    | $-618911.19                                |
| Month 2  | $-8638930.31             | $6487350.78                                |
| Month 3  | $0.00                    | $-2365534.74                               |

### Schedule of Portfolio Investments

| Name                                                                                     | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| N/A                                                                                      | ABPCI Direct Lending Fund CLO II LLC               | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | KY        |   2600000 | PA      | $2563397.72   | 0.87%             | 2037-07-20      | Floating      | 11.17%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                                      | ABPCI Direct Lending Fund CLO                      | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | KY        |   5250000 | PA      | $5278173.60   | 1.79%             | 2036-01-20      | Floating      | 11.80%                | Yes           | 3                  | On Loan: No      |
| Abpci Direct Lending Fund ABS II LLC                                                     | ABPCI Direct Lending Fund ABS II LLC               | CUSIP: 00090NAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5692784 | PA      | $5277541.50   | 1.79%             | 2032-03-01      | Fixed         | 4.99%                 | Yes           | 3                  | On Loan: No      |
| N/A                                                                                      | Amerit Fleet Parent LLC - Term Loan                | CUSIP: 03081BAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6882942 | PA      | $6724236.85   | 2.28%             | 2032-01-27      | Variable      | 8.92%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Amerit Fleet Parent LLC - Revolver                 | CUSIP: 03081BAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    488136 | PA      | $476880.26    | 0.16%             | 2032-01-27      | Variable      | 8.92%                 | No            | 3                  | On Loan: No      |
| BCC MIDDLE MARKET CLO 2023-2 LLC                                                         | BCC Middle Market CLO 2023-2 LLC                   | CUSIP: 05554QBA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $5917216.80   | 2.00%             | 2035-10-21      | Floating      | 10.69%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                                      | Bain Capital Global Direct Lending Fund U II RN LP | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |    500000 | PA      | $497000.01    | 0.17%             | 2036-06-18      | Floating      | 12.29%                | Yes           | 3                  | On Loan: No      |
| Bain Capital Global Direct Lending Fund U II RN LP                                       | Bain Capital Global Direct Lending Fund U II RN LP | CUSIP: 05682DAJ4<br>LEI: 2549007CLJSSCUJQ4215 | Long             |  | PF                | US        |   4000000 | PA      | $3599999.92   | 1.22%             |  |  |  | Yes           | 3                  | On Loan: No      |
| BARINGS MIDDLE MAR CLO LTD/LLC 21 I                                                      | Barings Middle Market CLO Ltd.                     | CUSIP: 06761EAC9<br>LEI: 549300NSFWDKJE15UK02 | Long             | ABS-O            | CORP              | KY        |   6300000 | PA      | $5072411.48   | 1.72%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Barings Middle Market CLO 2023-11 Ltd / Barings Middle Market CLO 2023-II LLC            | Barings Middle Market CLO 2023-II Ltd.             | CUSIP: 067922AJ3<br>LEI: 2549007Y0JXPKK7NLK37 | Long             | ABS-CBDO         | CORP              | KY        |   4300000 | PA      | $4232032.48   | 1.43%             | 2034-07-20      | Floating      | 10.67%                | Yes           | 3                  | On Loan: No      |
| BLACKROCK ELBERT CLO V LTD                                                               | BlackRock Elbert CLO V LL                          | CUSIP: 09260YAD3<br>LEI: 54930088K41XQK16ML36 | Long             | ABS-O            | CORP              | KY        |   2000000 | PA      | $555406.20    | 0.19%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                                      | BlackRock Maroon Bells CLO XI LLC                  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-O            | CORP              | KY        |  10191083 | PA      | $2806589.06   | 0.95%             |  |  |  | Yes           | 3                  | On Loan: No      |
| BLACKROCK SHASTA CLO XIV LLC                                                             | Blackrock Shasta CLO XIV LLC                       | CUSIP: 09263DAL8<br>LEI: 529900DZ807VSSAHOR89 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3954790.00   | 1.34%             | 2036-07-15      | Floating      | 11.17%                | Yes           | 3                  | On Loan: No      |
| BLACKROCK MT HOOD CLO LLC                                                                | Blackrock MT Hood CLO X LLC                        | CUSIP: 09263GAY3<br>LEI: 549300N3N5OOLMSHXG32 | Long             | ABS-O            | CORP              | KY        |   5396063 | PA      | $1887467.51   | 0.64%             |  |  |  | Yes           | 3                  | On Loan: No      |
| BLACKROCK MT HOOD CLO LLC                                                                | Blackrock MT Hood CLO X LLC                        | CUSIP: 09263GBN6<br>LEI: 549300N3N5OOLMSHXG32 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $492756.00    | 0.17%             | 2037-10-20      | Floating      | 11.17%                | Yes           | 3                  | On Loan: No      |
| BLACKROCK MT LASSEN CLO XV LLC                                                           | Blackrock MT Lassen Clo XV LLC                     | CUSIP: 092916AM7<br>LEI: 529900270ZC9EIH17Z28 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4017800.00   | 1.36%             | 2037-07-15      | Floating      | 11.92%                | Yes           | 3                  | On Loan: No      |
| Brightwood Capital MM CLO 2023-1 Ltd./ Brightwood Capital MM CLO 2023-1 LLC              | Brightwood Capital MM CLO 2023-1 Ltd.              | CUSIP: 108929AG5<br>LEI: 254900KA4G802DSTDW29 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1972274.60   | 0.67%             | 2035-10-15      | Floating      | 11.15%                | Yes           | 3                  | On Loan: No      |
| Brightwood Cap MM Clo 2024-2 Ltd. / Brightwood Cap MM Clo 2024-2 LLC                     | Brightwood Capital MM CLO Ltd.                     | CUSIP: 10950BAL8<br>LEI: 2549000G72BYQPXZVH78 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4984836.50   | 1.69%             | 2036-04-15      | Floating      | 9.42%                 | Yes           | 3                  | On Loan: No      |
| Churchill Middle Market CLO III LLC                                                      | Churchill Middle Market CLO III Ltd.               | CUSIP: 171518AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $500.00       | 0.00%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                                      | Cooper's Hawk - Term Loan                          | CUSIP: 21686PAM3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5968421 | PA      | $5938578.94   | 2.01%             | 2031-07-29      | Variable      | 9.17%                 | No            | 3                  | On Loan: No      |
| ELDRIDGE MMPC CLO 2025-2 LTD                                                             | Eldridge MMPC CLO 2025-2 Ltd.                      | CUSIP: 28473KAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $5914395.60   | 2.00%             | 2038-01-15      | Floating      | 10.58%                | Yes           | 3                  | On Loan: No      |
| ELDRIDGE MMPC CLO 2026-1 LTD                                                             | Eldridge MMPC CLO Ltd.                             | CUSIP: 284919AS6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4000000.00   | 1.35%             | 2037-01-15      | Floating      | 10.37%                | Yes           | 3                  | On Loan: No      |
| First American Funds Inc.                                                                | First American Government Obligations Fund         | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   2048209 | PA      | $2048208.67   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| FORT CR OPP XIX CLO LD 2022-19                                                           | Fortress Credit Opportunities XIX CLO LLC          | CUSIP: 34964RAY9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7500000 | PA      | $7405412.25   | 2.51%             | 2036-10-15      | Floating      | 11.67%                | Yes           | 3                  | On Loan: No      |
| Fortress Credit Opportunities XXI CLO LLC                                                | Fortress Credit Opportunities XXI CLO LLC          | CUSIP: 34964UAY2<br>LEI: 254900WDNXJI5BDB6170 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9869443.00   | 3.34%             | 2037-01-21      | Floating      | 10.92%                | Yes           | 3                  | On Loan: No      |
| Great Lakes Clo 2014-1 Ltd                                                               | Great Lakes CLO 2014-1 Ltd.                        | CUSIP: 39055RAJ1<br>LEI: 254900GKX01S4T3NFH46 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3017741.10   | 1.02%             | 2029-10-15      | Floating      | 13.93%                | Yes           | 3                  | On Loan: No      |
| Great Lakes CLO 2019-1 Ltd. / Great Lakes CLO 2019-1 LLC                                 | Great Lakes CLO 2019-1 Ltd.                        | CUSIP: 39057PAG9<br>LEI: 2549000VKJWRC8TSA617 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4933733.50   | 1.67%             | 2037-04-15      | Floating      | 11.17%                | Yes           | 3                  | On Loan: No      |
| GUGGENHEIM INVTS PRI DEBT FD IV                                                          | Guggenheim Invest Private Dbt Fd IV Feeder LLC     | CUSIP: 40190AAU7<br>LEI: 254900VX0IR9LB25SX96 | Long             |  | PF                | US        |   6055865 | PA      | $6055864.55   | 2.05%             | 2038-04-10      | Floating      | 11.17%                | Yes           | 3                  | On Loan: No      |
| Ivy Hill Middle Market Credit Fund VII Ltd. / Ivy Hill Middle Market Credit Fund VII LLC | Ivy Hill Middle Market Credit Fund VII Ltd.        | CUSIP: 46602YAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $5963457.00   | 2.02%             | 2036-10-15      | Floating      | 11.02%                | Yes           | 3                  | On Loan: No      |
| Jefferies Credit Partners Direct Lending CLO 2024-II Ltd.                                | Jefferies Credit Partners DL CLO 2024-II Ltd       | CUSIP: 471913AC7<br>LEI: 2138003O4KVSBDBUV954 | Long             | ABS-O            | CORP              | KY        |   5671692 | PA      | $5140841.62   | 1.74%             |  |  |  | Yes           | 3                  | On Loan: No      |
| JEFFERIES CR CLO 2024-I LTD/LLC                                                          | Jefferies Credit Partners Direct Lending CLO Ltd.  | CUSIP: 47234UAA0<br>LEI: 213800GSY7EDOILMKX81 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1977755.80   | 0.67%             | 2036-07-25      | Floating      | 11.92%                | Yes           | 3                  | On Loan: No      |
| LAKE SHORE MM CLO I LTD                                                                  | THL Credit Lake Shore MM CLO I LTD                 | CUSIP: 510803AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4951900.50   | 1.68%             | 2033-04-15      | Floating      | 12.90%                | Yes           | 3                  | On Loan: No      |
| Mcf Clo Iv Llc                                                                           | MCF CLO IV LLC                                     | CUSIP: 55280HBU0<br>LEI: 549300SYEBIYQWJN7391 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4926790.50   | 1.67%             | 2037-10-16      | Floating      | 10.42%                | Yes           | 3                  | On Loan: No      |
| MARANON LOAN FUNDING 2025-1                                                              | Maranon Loan Funding Ltd.                          | CUSIP: 56575QAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3944887.20   | 1.34%             | 2037-10-15      | Floating      | 10.84%                | Yes           | 3                  | On Loan: No      |
| Maranon Loan Funding 2023-1 Ltd. / Maranon Loan Funding 2023-1 LLC                       | Maranon Loan Funding 2023-1 Ltd.                   | CUSIP: 56575VAY4<br>LEI: 213800KVZIWWBC31XV41 | Long             | ABS-CBDO         | CORP              | KY        |   4800000 | PA      | $4734849.12   | 1.60%             | 2037-07-15      | Floating      | 11.42%                | Yes           | 3                  | On Loan: No      |
| Maranon Loan Funding 2021-3 Ltd.                                                         | Maranon Loan Funding Ltd.                          | CUSIP: 56577NBA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5050000 | PA      | $4982591.09   | 1.69%             | 2036-10-15      | Floating      | 11.49%                | Yes           | 3                  | On Loan: No      |
| Madison Capital Funding Clo Vii Llc                                                      | MCF CLO VII LLC                                    | CUSIP: 58039AAQ3<br>LEI: 254900DIPQDV686ECJ34 | Long             | ABS-CBDO         | CORP              | KY        |   3300000 | PA      | $3253476.60   | 1.10%             | 2037-07-20      | Floating      | 10.67%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                                      | Monroe Capital ABS Funding II LP                   | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | KY        |   9250000 | PA      | $9250000.00   | 3.13%             | 2036-01-07      | Floating      | 9.65%                 | Yes           | 3                  | On Loan: No      |
| MONR CAP CLO VIII LTD 2019-8R                                                            | Monroe Capital MML CLO VIII Ltd.                   | CUSIP: 61034TAE8<br>LEI: 254900CN59JSSABI7X69 | Long             | ABS-CBDO         | CORP              | KY        |   6250000 | PA      | $6180105.63   | 2.09%             | 2033-11-22      | Floating      | 12.29%                | Yes           | 3                  | On Loan: No      |
| Monroe Capital MML Clo 2017-1 Ltd.                                                       | Monroe Capital Mml Clo X Ltd.                      | CUSIP: 61034UBA2<br>LEI: 5493006UQZL8BZLQCE22 | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $5920342.80   | 2.00%             | 2037-08-20      | Floating      | 11.41%                | Yes           | 3                  | On Loan: No      |
| MOUNT LOGAN FUNDING 2018-1 LP                                                            | Mount Logan Funding LP                             | CUSIP: 62188AAA9<br>LEI: 54930018JSRPYZJUUR90 | Long             | ABS-CBDO         | CORP              | KY        |   6500000 | PA      | $6428650.80   | 2.18%             | 2033-01-22      | Floating      | 12.39%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                                      | PennantPark CLO V Ltd.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $3948460.80   | 1.34%             | 2033-10-15      | Floating      | 11.62%                | Yes           | 3                  | On Loan: No      |
| Tcp Whitney Clo Ltd / Tcp Whit                                                           | TCP Whitney CLO LLC                                | CUSIP: 87240GAK7<br>LEI: 549300HQR4ENRKHLM113 | Long             | ABS-O            | CORP              | KY        |   5000000 | PA      | $1871335.90   | 0.63%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Woodmont 2017-1 Trust                                                                    | Woodmont 2022-9 Trust                              | CUSIP: 97988RBL5<br>LEI: 2549007D5SGOER780O38 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002500.00   | 0.68%             | 2036-10-25      | Floating      | 11.44%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                                      | Accordion Partners                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6363547 | PA      | $6310174.58   | 2.14%             | 2031-11-15      | Variable      | 8.70%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Accordion Partners DDTL - Unfunded Revolver        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    608696 | PA      | $603590.39    | 0.20%             | 2031-11-15      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Amerit Fleet Parent LLC - Rev - Unfunded           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    596610 | PA      | $582853.66    | 0.20%             | 2032-01-27      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Arc Health- Unfunded DDTL                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2775087 | PA      | $2734917.56   | 0.93%             | 2030-10-10      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Arc Health TL                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4216403 | PA      | $4155370.82   | 1.41%             | 2030-10-10      | Variable      | 6.75%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | BCP GREAT LAKES FUND II - Series B                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | PF                | US        |  10882713 | NS      | $10339437.33  | 3.50%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                                                                      | Unfunded DDTL - Capitol Imaging                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    263699 | PA      | $260982.53    | 0.09%             | 2030-01-03      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Capitol Imaging - Revolver                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    191781 | PA      | $189805.48    | 0.06%             | 2030-01-03      | Variable      | 8.67%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Capitol Imaging TL                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6316227 | PA      | $6251169.65   | 2.12%             | 2030-01-03      | Variable      | 8.65%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Unfunded Revolver - Capitol Imaging                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    167808 | PA      | $166079.80    | 0.06%             | 2030-01-03      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Consor Intermedia II, LLC - DDTL - Unfunded        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1495775 | PA      | $1488304.75   | 0.50%             | 2031-05-10      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Consor Intermediate II, LLC Revolver               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    169014 | PA      | $168170.02    | 0.06%             | 2031-05-10      | Variable      | 8.67%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Cooper's Hawk - Unfunded DDTL                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    515789 | PA      | $513210.53    | 0.17%             | 2031-07-29      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Cooper's Hawk  Intermediate Funded Revolver        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    368421 | PA      | $366578.94    | 0.12%             | 2031-07-29      | Variable      | 9.16%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Cooper's Hawk - Unfunded Revolver                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    147368 | PA      | $146631.58    | 0.05%             | 2031-07-29      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Unfunded Revolver - Diversified Risk Holdings      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    157037 | PA      | $149185.20    | 0.05%             | 2027-04-30      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Drive Automotive Services TL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    148108 | PA      | $119767.87    | 0.04%             | 2026-08-02      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | ETC - Equity                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1274451 | NS      | $306889.14    | 0.10%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                                                                      | ETC - Holdco Term Debt                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    229422 | PA      | $222563.36    | 0.08%             | 2032-01-29      | Variable      | 12.66%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | ETC - Opco Term Debt                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    397292 | PA      | $390558.73    | 0.13%             | 2032-01-29      | Variable      | 8.66%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Unfunded DDTL - Flagship Oral Surgery              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1305183 | PA      | $1305183.00   | 0.44%             | 2026-11-20      | Variable      | 11.37%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Flagship Oral Surgery Partners TL                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3671832 | PA      | $3671831.78   | 1.24%             | 2027-12-20      | Variable      | 9.97%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | HERCULES PRIVATE GLOBAL VENTURE GROWTH FUND I      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | PF                | US        |  18252856 | NS      | $18677034.51  | 6.32%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                                                                      | Isagenix Equity                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     85665 | NS      | $0.09         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Solaray TL x1                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1595190 | PA      | $1415447.19   | 0.48%             | 2029-03-27      | Variable      | 10.52%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Solaray TL x2                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1399332 | PA      | $1241657.45   | 0.42%             | 2029-03-27      | Variable      | 10.38%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | MAG DS Corp TL                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3717131 | PA      | $3691148.08   | 1.25%             | 2027-04-01      | Variable      | 9.27%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Diversified Risk Holdings TL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5363596 | PA      | $5095416.49   | 1.72%             | 2027-04-30      | Variable      | 10.07%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Diversified Risk Holdings Revolver - Funded        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    139259 | PA      | $132296.30    | 0.04%             | 2027-07-30      | Variable      | 12.00%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Bounteous TL                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4215633 | PA      | $4215633.25   | 1.43%             | 2029-08-02      | Variable      | 8.42%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Magnate Worldwide TL                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3805366 | PA      | $3772259.40   | 1.28%             | 2028-12-30      | Variable      | 9.32%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Profile Products TL                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2905233 | PA      | $2801515.73   | 0.95%             | 2027-11-12      | Variable      | 9.27%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Solaray TL x3                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1686186 | PA      | $1496190.03   | 0.51%             | 2029-03-27      | Variable      | 10.52%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Congruex Group TL                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7445692 | PA      | $6108118.02   | 2.07%             | 2029-05-03      | Variable      | 10.27%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Isagenix International TL                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1496550 | PA      | $233461.80    | 0.08%             | 2028-04-14      | Variable      | 11.49%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Crane Engineering TL                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7446202 | PA      | $7388122.00   | 2.50%             | 2029-08-25      | Variable      | 8.42%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Trulite Holding Corp TL                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2794237 | PA      | $2570698.05   | 0.87%             | 2030-03-01      | Variable      | 9.66%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Thryv, Inc     TL                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2025000 | PA      | $1983487.51   | 0.67%             | 2029-05-01      | Variable      | 10.42%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Consor TL                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3785193 | PA      | $3766290.01   | 1.27%             | 2031-05-10      | Variable      | 8.17%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Unfunded Revolver - Consor                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    507042 | PA      | $504510.09    | 0.17%             | 2031-05-10      | Variable      | 8.17%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Viapath Technologies                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2425130 | PA      | $2425129.72   | 0.82%             | 2029-08-06      | Variable      | 11.17%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Magnate Worldwide LLC - Incremental TLB            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2962500 | PA      | $2936726.25   | 0.99%             | 2028-12-30      | Variable      | 9.17%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Nellson Neutraceutical US TL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5741386 | PA      | $5698325.74   | 1.93%             | 2031-04-07      | Variable      | 9.42%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Nellson Neutraceutical DDTL - Unfunded             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    346535 | PA      | $343935.64    | 0.12%             | 2031-04-07      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Nellson Neutraceutical Revolver - Unfunded         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    582178 | PA      | $577811.86    | 0.20%             | 2031-04-07      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | DUN & BRADSTREET DENALI INTERMEDIATE TL            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4000000 | PA      | $3740000.00   | 1.27%             | 2032-08-26      | Variable      | 9.17%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | INMAR INTELLIGENCE                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1905798 | PA      | $1821237.98   | 0.62%             | 2031-10-30      | Variable      | 8.17%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Nellson Neutraceutical Revolver                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    318812 | PA      | $316420.81    | 0.11%             | 2031-04-07      | Variable      | 10.83%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | New Mountain Guardian IV Feeder III, Ltd.          | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |  10000000 | PA      | $9850000.00   | 3.33%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                                      | Unfunded DDTL - SGA Dental Partners                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    725556 | PA      | $718166.77    | 0.24%             | 2029-07-17      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | SGA Dental Partners TL                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7311422 | PA      | $7236965.08   | 2.45%             | 2029-07-17      | Variable      | 9.17%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Allium Buyer TL                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4887500 | PA      | $4926502.26   | 1.67%             | 2030-05-02      | Variable      | 8.67%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | TRIPLEPOINT PRIVATE VENTURE CREDIT                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | RF                | US        |   1324395 | NS      | $13455848.42  | 4.55%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                                                                      | Vehicle Management Services TL                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7590729 | PA      | $7590729.19   | 2.57%             | 2027-07-26      | Variable      | 10.08%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Vehicle Management Services, LLC -  Rev            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    326247 | PA      | $326247.05    | 0.11%             | 2027-07-26      | Variable      | 12.00%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Vehicle Management Services, LLC - Unfunded Rev    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    415224 | PA      | $415223.53    | 0.14%             | 2027-07-26      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | HV Watterson TL                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4250418 | PA      | $3305726.15   | 1.12%             | 2026-12-17      | Fixed         | 12.00%                | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Xenon Arc, inc. Term Loan - Funded                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7940000 | PA      | $7799462.00   | 2.64%             | 2028-12-20      | Variable      | 9.52%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Zavation Medical Products TL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6434924 | PA      | $6432993.37   | 2.18%             | 2028-06-30      | Variable      | 9.52%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Zavation Funded Revolver                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    117010 | PA      | $116974.60    | 0.04%             | 2028-06-30      | Variable      | 9.53%                 | No            | 3                  | On Loan: No      |
| N/A                                                                                      | Unfunded Revolver - Zavation Medical Products      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    351029 | PA      | $350923.77    | 0.12%             | 2028-06-30      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |

### Signature

**Date Signed:** 2026-03-31

**Name of Applicant:** Flat Rock Core Income Fund

**Signature:** Ryan Ripp

**Name of Signer:** Ryan Ripp

**Title:** Co-President, Chief Operating Officer