# EDGAR Filing Document

**Accession Number:** 0001598176
**File Stem:** 0001085146-26-000373
**Filing Date:** 2026-4
**Character Count:** 12512
**Document Hash:** 309f374da0b8e69c77bce5e1b90f85f7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-26-000373.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0001085146-26-000373

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KKR FS Income Trust
- **CENTRAL INDEX KEY:** 0001930679

**ORGANIZATION NAME:**
- **EIN:** 880591692
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94079
- **FILM NUMBER:** 26903417

**BUSINESS ADDRESS:**
- **STREET 1:** 3025 JFK BOULEVARD, OFC 500
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19104
- **BUSINESS PHONE:** 215-495-1150

**MAIL ADDRESS:**
- **STREET 1:** 3025 JFK BOULEVARD, OFC 500
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FS KKR Income Trust
- **DATE OF NAME CHANGE:** 20220523
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bayshore Capital Advisors, LLC
- **CENTRAL INDEX KEY:** 0001598176

**ORGANIZATION NAME:**
- **EIN:** 593688822
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1700 S. MACDILL AVENUE
- **STREET 2:** SUITE 340
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33629
- **BUSINESS PHONE:** 8132213400

**MAIL ADDRESS:**
- **STREET 1:** 1700 S. MACDILL AVENUE
- **STREET 2:** SUITE 340
- **CITY:** TAMPA
- **STATE:** FL
- **ZIP:** 33629

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Issuer:** KKR FS Income Trust

**Title of Class of Securities:** Common Shares of Beneficial Interest, par value $0.01 per share

**CUSIP Number:** —

**Date of Event Which Requires Filing of this Statement:** 04/23/2026

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [x] Rule 13d-1(b)

- [x] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Bayshore Capital Advisors, LLC | Names of Reporting Persons<br>Bayshore Capital Advisors, LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>FL | Citizenship or Place of Organization<br>FL |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>483255.81 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>483255.81 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>483255.81 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>483255.81 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.92% | Percent of Class Represented by Amount in Row (9)<br>0.92% |
| 12. | Type of Reporting Person (See Instructions)<br>IA | Type of Reporting Person (See Instructions)<br>IA |

**Comment for Type of Reporting Person:** Such percentage in Row 11 is based on an aggregate of 52,706,571.661 Class I shares (the "Class I Shares") of KKR FS Income Trust's (the "Issuer") common shares of beneficial interest (the "Shares") outstanding, which is calculated by deducting (i) 2,591,874 Class I Shares accepted for repurchase, as reported in the amendment to the tender offer statement by the Issuer filed with the SEC on April 1, 2026, from (ii) 55,298,445.661 Class I Shares issued and outstanding as of February 2, 2026, as reported in the Issuer's Form 8-K filed with the SEC on February 3, 2026. As of April 23, 2026, the percentage in row 11 is less than 5% as a result of dilution from company share issuance and from participation in the company's tender offer.

---

| 1. | Names of Reporting Persons<br>Tready A. Smith | Names of Reporting Persons<br>Tready A. Smith |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>483255.81 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>483255.81 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>483255.81 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>483255.81 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>0.92% | Percent of Class Represented by Amount in Row (9)<br>0.92% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** Tready Smith is the Chief Executive Officer of Bayshore Capital Advisors, LLC ("Bayshore Capital") and exercises sole voting and dispositive control over the securities held directly and indirectly by Bayshore Capital and may be deemed to beneficially own all of the reported Class I Shares of the Issuer's Shares. Ms. Smith expressly disclaims beneficial ownership of all Shares beneficially owned by Bayshore Capital except to the extent of her pecuniary interest therein. Such percentage in Row 11 is based on an aggregate of 52,706,571.661 Class I shares (the "Class I Shares") of KKR FS Income Trust's (the "Issuer") common shares of beneficial interest (the "Shares") outstanding, which is calculated by deducting (i) 2,591,874 Class I Shares accepted for repurchase, as reported in the amendment to the tender offer statement by the Issuer filed with the SEC on April 1, 2026, from (ii) 55,298,445.661 Class I Shares issued and outstanding as of February 2, 2026, as reported in the Issuer's Form 8-K filed with the SEC on February 3, 2026. As of April 23, 2026, the percentage in row 11 is less than 5% as a result of dilution from company share issuance and from participation in the company's tender offer.

---

**Item 1(a). Name of Issuer:**
KKR FS Income Trust

**Item 1(b). Address of Issuer's Principal Executive Offices:**
3025 JFK BOULEVARD, OFC 500, PHILADELPHIA, PENNSYLVANIA 19104

**Item 2(a). Name of Person Filing:**
This Schedule 13G is being filed on behalf of the following:

(i) Bayshore Capital Advisors, LLC, a Florida limited liability company; and
(ii) Tready A. Smith, a U.S. Citizen.

The above parties are collectively referred to as the "Reporting Persons". Tready A. Smith is the Chief Executive Officer of Bayshore Capital Advisors, LLC. Tready A. Smith expressly disclaims beneficial ownership of all Class I Shares of the Issuer's Shares beneficially owned by Bayshore Capital Advisors, LLC except to the extent of her pecuniary interest therein.

**Item 2(b). Address of Principal Business Office:**
1700 S. MACDILL AVENUE
SUITE 340
TAMPA, Florida
33629

**Item 2(c). Citizenship:**
Bayshore Capital Advisors, LLC - FLORIDA

Tready A. Smith - UNITED STATES

**Item 2(d). Title of Class of Securities:**
Common Shares of Beneficial Interest, par value $0.01 per share

**Item 2(e). CUSIP Number:**
—

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [x] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

483,255.8

**(b) Percent of class:**

0.92

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

Bayshore Capital Advisors, LLC - 0
Tready A. Smith - 0

**(ii) Shared power to vote or to direct the vote:**

Bayshore Capital Advisors, LLC - 483,255.8
Tready A. Smith - 483,255.8

**(iii) Sole power to dispose or to direct the disposition of:**

Bayshore Capital Advisors, LLC - 0
Tready A. Smith - 0

**(iv) Shared power to dispose or to direct the disposition of:**

Bayshore Capital Advisors, LLC - 483,255.8
Tready A. Smith - 483,255.8

**Item 5. Ownership of Five Percent or Less of a Class.**

[ ] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Bayshore Capital Advisors, LLC**

**Date:** 04/28/2026

**By:** /s/ Tready A. Smith

**Name & Title:** Tready A. Smith, As Chief Executive Officer

**Tready A. Smith**

**Date:** 04/28/2026

**By:** /s/ Tready A. Smith

**Name & Title:** Tready A. Smith