# EDGAR Filing Document

**Accession Number:** 0001814390
**File Stem:** 0000910472-26-003404
**Filing Date:** 2026-2
**Character Count:** 46338
**Document Hash:** 765e6b721bb7fba566b2df3571dbf5a7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003404.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003404

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**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:** 26699118

**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

## 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:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $394380056.70

**Total Liabilities:** $85982666.84

**Net Assets:** $308397389.86

**Cash Not Reported:** $1767310.88

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 2760.67339769 | **30-Year:** 40.27660230

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

- **3-Month:** 0.00000000 | **1-Year:** 60.71551910 | **5-Year:** 3415.86078604 | **10-Year:** 33339.97341268 | **30-Year:** 2101.08664524

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.93%                | 0.33%                | 0.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-334573.99              | $-260874.25                                |
| Month 2  | $33052.27                | $-1718888.63                               |
| Month 3  | $18.43                   | $-3489679.44                               |

### 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                      | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | KY        |   5250000 | PA      | $5292395.85   | 1.72%             | 2036-01-20      | Floating      | 12.01%                | 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        |   6082803 | PA      | $5865020.76   | 1.90%             | 2032-03-01      | Fixed         | 4.99%                 | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Amerit Fleet Parent LLC - Term Loan                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6446217 | PA      | $6348879.06   | 2.06%             | 2032-01-27      | Variable      | 9.17%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Amerit Fleet Parent LLC - Revolver                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    637288 | PA      | $627665.09    | 0.20%             | 2032-01-27      | Variable      | 9.19%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | BCC Middle Market CLO 2023-2 LLC                   | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6029725.80   | 1.96%             | 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        |    362500 | PA      | $362500.01    | 0.12%             | 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        |   3006139 | PA      | $2780679.01   | 0.90%             |  |  |  | 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      | $5226679.46   | 1.69%             |  |  |  | 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      | $4359157.68   | 1.41%             | 2034-07-20      | Floating      | 11.31%                | 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      | $565000.00    | 0.18%             |  |  |  | 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      | $3275933.47   | 1.06%             |  |  |  | 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      | $2314380.00   | 0.75%             |  |  |  | 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      | $500870.30    | 0.16%             | 2037-10-20      | Floating      | 11.38%                | 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      | $5038191.00   | 1.63%             | 2036-04-15      | Floating      | 9.65%                 | 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: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5673684 | PA      | $5638223.68   | 1.83%             | 2031-07-29      | Variable      | 9.82%                 | 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      | $6000000.00   | 1.95%             | 2038-01-15      | Floating      | 10.58%                | Yes           | 3                  | On Loan: No      |
| First American Funds Inc.                                                     | First American Government Obligations Fund         | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   3200115 | PA      | $3200114.98   | 1.04%             |  |  |  | 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      | $7609685.25   | 2.47%             | 2036-10-15      | Floating      | 11.90%                | 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      | $10121054.00  | 3.28%             | 2037-01-21      | Floating      | 11.12%                | 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        |   3122374 | PA      | $3140804.10   | 1.02%             | 2029-10-15      | Floating      | 14.17%                | 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      | $5104655.50   | 1.66%             | 2037-04-15      | Floating      | 11.40%                | 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   | 1.96%             | 2038-04-10      | Floating      | 11.55%                | 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      | $5306018.36   | 1.72%             |  |  |  | Yes           | 3                  | On Loan: No      |
| JEFFERIES CR CLO 2024-I LTD/LLC                                               | Jefferies Credit Partners Direct Lending CLO Ltd.  | CUSIP: 47234UAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2028259.40   | 0.66%             | 2036-07-25      | Floating      | 12.11%                | 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      | $5048085.50   | 1.64%             | 2033-04-15      | Floating      | 13.14%                | 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      | $5099657.00   | 1.65%             | 2037-10-16      | Floating      | 10.72%                | 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      | $4932909.12   | 1.60%             | 2037-07-15      | Floating      | 11.65%                | 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      | $5139389.55   | 1.67%             | 2036-10-15      | Floating      | 11.72%                | Yes           | 3                  | On Loan: No      |
| Madison Capital Funding Clo Vii Llc                                           | MCF CLO VII LLC                                    | CUSIP: 58039AAQ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3300000 | PA      | $3363814.08   | 1.09%             | 2037-07-20      | Floating      | 10.88%                | 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   | 3.00%             | 2036-01-07      | Floating      | 0.00%                 | 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      | $6280175.00   | 2.04%             | 2033-11-22      | Floating      | 12.50%                | 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      | $6163682.40   | 2.00%             | 2037-08-20      | Floating      | 11.64%                | 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      | $6558022.90   | 2.13%             | 2033-01-22      | Floating      | 12.58%                | 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      | $4033134.40   | 1.31%             | 2033-10-15      | Floating      | 11.85%                | 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      | $2553666.80   | 0.83%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Accordion Partners                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6363547 | PA      | $6322820.22   | 2.05%             | 2031-11-15      | Variable      | 9.00%                 | 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      | $604799.99    | 0.20%             | 2031-11-15      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Amerit Fleet Parent LLC - DDTL - Unfunded          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    452881 | PA      | $446042.84    | 0.14%             | 2032-01-27      | 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        |    447458 | PA      | $440701.02    | 0.14%             | 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      | $2740398.35   | 0.89%             | 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        |   4224913 | PA      | $4172101.65   | 1.35%             | 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      | $10378081.85  | 3.37%             |  |  |  | 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      | $261483.56    | 0.08%             | 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        |     95890 | PA      | $95084.93     | 0.03%             | 2030-01-03      | Variable      | 8.89%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Capitol Imaging TL                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6332842 | PA      | $6279646.59   | 2.04%             | 2030-01-03      | Variable      | 8.95%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded Revolver - Capitol Imaging                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    263699 | PA      | $261483.56    | 0.08%             | 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      | $1491287.33   | 0.48%             | 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        |    135211 | PA      | $134805.64    | 0.04%             | 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        |    810526 | PA      | $805460.53    | 0.26%             | 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        |    206316 | PA      | $204252.63    | 0.07%             | 2031-07-29      | Variable      | 9.61%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Cooper's Hawk - Unfunded Revolver                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    309474 | PA      | $306378.94    | 0.10%             | 2031-07-29      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Cyber Advisors TL                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6952280 | PA      | $6856338.62   | 2.22%             | 2028-07-18      | Variable      | 9.44%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded Revolver - Diversified Risk Holdings      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    177778 | PA      | $172444.46    | 0.06%             | 2026-04-30      | 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        |   4141858 | PA      | $3362774.27   | 1.09%             | 2026-08-02      | Variable      | 10.14%                | 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   | 0.42%             | 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        |   3681069 | PA      | $3681068.83   | 1.19%             | 2027-12-20      | Variable      | 9.97%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Galactic Litigation Partners TL                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7274854 | PA      | $1349999.91   | 0.44%             | 2024-06-21      | Variable      | 0.00%                 | 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      | $18656098.48  | 6.05%             |  |  |  | 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        |   1553335 | PA      | $1381070.58   | 0.45%             | 2025-12-15      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Solaray TL x2                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1362512 | PA      | $1211409.85   | 0.39%             | 2025-12-15      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | MAG DS Corp TL                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3717131 | PA      | $3698545.17   | 1.20%             | 2027-04-01      | Variable      | 9.60%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Diversified Risk Holdings TL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5363596 | PA      | $5202688.42   | 1.69%             | 2026-04-30      | Variable      | 10.40%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Diversified Risk Holdings Revolver - Funded        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    118519 | PA      | $114962.96    | 0.04%             | 2026-04-30      | Variable      | 12.75%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Bounteous TL                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4226455 | PA      | $4226455.48   | 1.37%             | 2029-08-02      | Variable      | 8.67%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Magnate Worldwide TL                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3805366 | PA      | $3769976.18   | 1.22%             | 2028-12-30      | Variable      | 9.65%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Profile Products TL                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2912733 | PA      | $2811660.71   | 0.91%             | 2027-11-12      | Variable      | 9.49%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Solaray TL x3                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1641820 | PA      | $1459741.94   | 0.47%             | 2025-12-15      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Congruex Group TL                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7324278 | PA      | $6020556.67   | 1.95%             | 2029-05-03      | Variable      | 10.49%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Watchguard Technologies TL                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2864660 | PA      | $2855722.24   | 0.93%             | 2029-06-30      | Variable      | 9.17%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | ETC Group TL                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2041686 | PA      | $628839.16    | 0.20%             | 2029-10-08      | Variable      | 10.29%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Oak Point Partners TL                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3371822 | PA      | $3371822.03   | 1.09%             | 2027-12-01      | Variable      | 8.77%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Isagenix International TL                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1462926 | PA      | $248697.50    | 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        |   7465185 | PA      | $7413675.47   | 2.40%             | 2029-08-25      | Variable      | 8.75%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Trulite Holding Corp TL                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2812500 | PA      | $2700000.00   | 0.88%             | 2030-03-01      | Variable      | 9.98%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Thryv, Inc     TL                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2025000 | PA      | $2012343.76   | 0.65%             | 2029-05-01      | Variable      | 10.67%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Consor TL                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3794764 | PA      | $3783379.40   | 1.23%             | 2031-05-10      | Variable      | 8.75%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded Revolver - Consor                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    540845 | PA      | $539222.53    | 0.17%             | 2031-05-10      | Variable      | 8.63%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Spencer Spirit TL                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4937500 | PA      | $4945745.63   | 1.60%             | 2031-07-15      | Variable      | 8.72%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Viapath Technologies                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2437437 | PA      | $2419912.01   | 0.78%             | 2029-08-06      | Variable      | 11.42%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Magnate Worldwide LLC - Incremental TLB            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2970000 | PA      | $2942379.00   | 0.95%             | 2028-12-30      | Variable      | 9.50%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Nellson Neutraceutical US TL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5741386 | PA      | $5753443.05   | 1.87%             | 2031-04-07      | Variable      | 9.75%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Nellson Neutraceutical DDTL - Unfunded             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    346535 | PA      | $347262.37    | 0.11%             | 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        |    706931 | PA      | $708415.24    | 0.23%             | 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      | $4040000.00   | 1.31%             | 2032-08-26      | Variable      | 9.42%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | INMAR INTELLIGENCE                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1910599 | PA      | $1883525.57   | 0.61%             | 2031-10-30      | Variable      | 8.42%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Nellson Neutraceutical Revolver                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    194059 | PA      | $194466.93    | 0.06%             | 2031-04-07      | Variable      | 11.16%                | 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   | 3.19%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | PTSH Intermediate Holdings, LLC - Term Loan        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7960000 | PA      | $7880400.00   | 2.56%             | 2027-12-17      | Variable      | 9.65%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded DDTL - SGA Dental Partners                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    810000 | PA      | $803357.99    | 0.26%             | 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        |   7226977 | PA      | $7167716.01   | 2.32%             | 2029-07-17      | Variable      | 9.49%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Allium Buyer TL                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4900000 | PA      | $4949000.01   | 1.60%             | 2030-05-02      | Variable      | 8.84%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | TRIPLEPOINT PRIVATE VENTURE CREDIT                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | RF                | US        |   1324395 | NS      | $13349896.86  | 4.33%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                                                           | Vehicle Management Services TL                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7602604 | PA      | $7602603.89   | 2.47%             | 2027-07-26      | Variable      | 10.33%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Vehicle Management Services, LLC -  Rev            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    437468 | PA      | $437467.64    | 0.14%             | 2027-07-26      | Variable      | 10.13%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Vehicle Management Services, LLC - Unfunded Rev    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    304003 | PA      | $304002.94    | 0.10%             | 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        |   4263163 | PA      | $3322283.11   | 1.08%             | 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        |   7960000 | PA      | $7858112.00   | 2.55%             | 2028-12-20      | Variable      | 9.72%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Zavation Medical Products TL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6451400 | PA      | $6412691.90   | 2.08%             | 2028-06-30      | Variable      | 9.73%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Zavation Funded Revolver                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    468039 | PA      | $465230.55    | 0.15%             | 2028-06-30      | Variable      | 9.81%                 | No            | 3                  | On Loan: No      |

### Signature

**Date Signed:** 2025-12-31

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

**Signature:** Ryan Ripp

**Name of Signer:** Ryan Ripp

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