# EDGAR Filing Document

**Accession Number:** 0001814390
**File Stem:** 0001752724-25-211713
**Filing Date:** 2025-8
**Character Count:** 46978
**Document Hash:** 224fd2b30ec2893825c75c021def9ad7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-211713.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-211713

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**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:** 251273134

**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:** 2025-06-30

**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:** $412734514.88

**Total Liabilities:** $89123923.05

**Net Assets:** $323610591.83

**Cash Not Reported:** $1298613.41

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 343.71 | **10-Year:** 7524.43 | **30-Year:** 175.59

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

- **3-Month:** 366.18 | **1-Year:** 17077.19 | **5-Year:** 45338.65 | **10-Year:** 28748.36 | **30-Year:** 1460.32

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.30%               | 0.60%                | 0.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $133346.34               | $-3119650.40                               |
| Month 2  | $3911.93                 | $-358110.16                                |
| Month 3  | $8071.51                 | $-1350029.72                               |

### 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                                                                           | Thryv, Inc     TL                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2100000 | PA      | $2101323.01   | 0.65%             | 2029-05-01      | Variable      | 11.08%                | No            | 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      | $5068325.23   | 1.57%             |  |  |  | Yes           | 3                  | On Loan: No      |
| First Brands (Trico Group)                                                    | First Brands Group LLC                               | CUSIP: 31935HAG2<br>LEI: 2549005IXRZR7KSBJD91 | Long             | LON              | CORP              | US        |   4983784 | PA      | $4692033.49   | 1.45%             | 2027-03-30      | Variable      | 9.54%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Profile Products TL                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2927733 | PA      | $2823212.48   | 0.87%             | 2027-11-12      | Variable      | 9.86%                 | No            | 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      | $5073554.50   | 1.57%             | 2033-04-15      | Floating      | 13.49%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Vehicle Management Services TL                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   8386808 | PA      | $8386808.50   | 2.59%             | 2027-07-26      | Variable      | 10.80%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Consor TL                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3271255 | PA      | $3231018.80   | 1.00%             | 2031-05-10      | Variable      | 8.83%                 | No            | 3                  | On Loan: No      |
| Madison Capital Funding Clo Vii Llc                                           | MCF CLO VII LLC, Class ER MML                        | CUSIP: 55281FAS9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $5075958.00   | 1.57%             | 2033-07-20      | Floating      | 13.68%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded DDTL - SGA Dental Partners                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1354444 | PA      | $1332773.34   | 0.41%             | 2029-07-17      | Variable      | 0.00%                 | No            | 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        |   3029744 | PA      | $2936401.93   | 0.91%             | 2029-10-15      | Floating      | 14.52%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Capitol Imaging TL                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6362748 | PA      | $6267307.07   | 1.94%             | 2030-01-03      | Variable      | 9.28%                 | No            | 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      | $2658369.45   | 0.82%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Viapath Technologies                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7475000 | PA      | $7362875.00   | 2.28%             | 2029-08-06      | Variable      | 11.83%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Solaray TL x1                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1562031 | PA      | $1423010.63   | 0.44%             | 2025-12-15      | Variable      | 11.06%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Spencer Spirit TL                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4975000 | PA      | $4925250.00   | 1.52%             | 2031-07-15      | Variable      | 9.09%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Nellson Neutraceutical DDTL - Unfunded               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    346535 | PA      | $341336.63    | 0.11%             | 2031-04-07      | 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      | $94452.05     | 0.03%             | 2030-01-03      | Variable      | 9.27%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | PTSH Intermediate Holdings, LLC - Term Loan          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   8000000 | PA      | $7880000.00   | 2.44%             | 2027-12-17      | Variable      | 9.93%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded DDTL - Flagship Oral Surgery                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2155183 | PA      | $2150226.08   | 0.66%             | 2025-11-20      | Variable      | 11.37%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Inmar TL                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3930250 | PA      | $3954814.06   | 1.22%             | 2031-10-30      | Variable      | 9.31%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Diversified Risk Holdings Revolver - Funded          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    177778 | PA      | $172444.45    | 0.05%             | 2026-04-30      | Variable      | 0.50%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Zavation Funded Revolver                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    421235 | PA      | $421234.91    | 0.13%             | 2028-06-30      | Variable      | 10.15%                | No            | 3                  | On Loan: No      |
| Mcf Clo Iv Llc                                                                | MCF CLO IV LLC                                       | CUSIP: 55280HBE6<br>LEI: 549300SYEBIYQWJN7391 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5070567.00   | 1.57%             | 2033-10-20      | Floating      | 13.18%                | 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: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4873000.00   | 1.51%             | 2037-04-15      | Floating      | 11.81%                | 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        |   5000000 | PA      | $2138177.15   | 0.66%             |  |  |  | Yes           | 3                  | 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      |
| MONROE CAPITAL MML CLO X LLC                                                  | Monroe Capital Mml Clo X Ltd.                        | CUSIP: 61034UBA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6000000.00   | 1.85%             | 2037-08-20      | Floating      | 12.06%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Perennial Services Group TL                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4930130 | PA      | $4838922.32   | 1.50%             | 2029-09-08      | Variable      | 9.93%                 | 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        |  16634965 | NS      | $16852085.04  | 5.21%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                                                           | Magnate Worldwide LLC - Incremental TLB              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2977500 | PA      | $2929860.00   | 0.91%             | 2028-12-30      | Variable      | 9.80%                 | No            | 3                  | On Loan: No      |
| Tcp Whitney Clo Ltd / Tcp Whit                                                | TCP Waterman CLO LLC                                 | CUSIP: 87240PAQ4<br>LEI: 549300HQR4ENRKHLM113 | Long             | ABS-CBDO         | CORP              | KY        |   1897000 | PA      | $1902958.86   | 0.59%             | 2033-08-20      | Floating      | 8.43%                 | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Flagship Oral Surgery Partners TL                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2841693 | PA      | $2835157.03   | 0.88%             | 2027-12-20      | Variable      | 10.68%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | New Mountain Guardian IV Feeder III, Ltd.            | CUSIP: N/A<br>LEI: N/A                        | Long             |  | PF                | US        |   6960610 | PA      | $6881258.95   | 2.13%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded Revolver - Capitol Imaging                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    263699 | PA      | $259743.15    | 0.08%             | 2030-01-03      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | BCP GREAT LAKES FUND LP II                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | PF                | US        |  10767627 | NS      | $10385828.61  | 3.21%             |  |  |  | Yes           | N/A                | On Loan: No      |
| N/A                                                                           | Zavation Medical Products TL                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6484353 | PA      | $6484353.20   | 2.00%             | 2028-06-30      | Variable      | 10.15%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Nellson Neutraceutical Revolver - Unfunded           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    665347 | PA      | $655366.33    | 0.20%             | 2031-04-07      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Xenon Arc, inc. Term Loan - Funded                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   8000000 | PA      | $7884000.00   | 2.44%             | 2028-12-20      | Variable      | 10.12%                | No            | 3                  | On Loan: No      |
| GUGGENHEIM INVTS PRI DEBT FD IV                                               | Guggenheim Invest Private Dbt Fd IV Feeder LLC       | CUSIP: 40190AAU7<br>LEI: N/A                  | Long             |  | PF                | US        |   4000000 | PA      | $4000000.00   | 1.24%             | 2038-04-10      | Floating      | 11.55%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Oak Point Partners TL                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3469068 | PA      | $3469067.79   | 1.07%             | 2027-12-01      | Variable      | 9.18%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | SGA Dental Partners TL                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6723403 | PA      | $6615828.34   | 2.04%             | 2029-07-17      | Variable      | 9.81%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Nellson Neutraceutical Revolver                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    235644 | PA      | $232108.92    | 0.07%             | 2031-04-07      | Variable      | 10.36%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Amerit Fleet Parent LLC - Term Loan                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6305085 | PA      | $6289322.03   | 1.94%             | 2032-01-27      | Variable      | 9.58%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Nellson Neutraceutical US TL                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5752475 | PA      | $5666188.12   | 1.75%             | 2031-04-07      | Variable      | 10.03%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Watchguard Technologies TL                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4877198 | PA      | $4829937.71   | 1.49%             | 2029-06-30      | Variable      | 9.58%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Magnate Worldwide TL                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3805366 | PA      | $3744480.22   | 1.16%             | 2028-12-30      | Variable      | 9.95%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Diversified Risk Holdings TL                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6548782 | PA      | $6352318.06   | 1.96%             | 2026-04-30      | Variable      | 10.70%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Amerit Fleet Parent LLC - DDTL - Unfunded            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    610169 | PA      | $607118.64    | 0.19%             | 2032-01-27      | Variable      | 0.00%                 | No            | 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      | $5320264.43   | 1.64%             | 2036-01-20      | Floating      | 12.40%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Amerit Fleet Parent LLC - Rev - Unfunded             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    881356 | PA      | $876673.74    | 0.27%             | 2032-01-27      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded Revolver - Zavation Medical Products        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     46804 | PA      | $46803.87     | 0.01%             | 2028-06-30      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Allium Buyer TL                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4925000 | PA      | $4969817.50   | 1.54%             | 2030-05-02      | Variable      | 9.28%                 | No            | 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      | $5288307.14   | 1.63%             |  |  |  | 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      | $137658.85    | 0.04%             |  |  |  | Yes           | 3                  | On Loan: No      |
| Barings Middle Market CLO 2023-11 Ltd / Barings Middle Market CLO 2023-II LLC | Barings Middle Market CLO Ltd                        | CUSIP: 067922AA2<br>LEI: 2549007Y0JXPKK7NLK37 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5000000.00   | 1.55%             | 2032-01-20      | Floating      | 12.94%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Solaray TL x3                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1651038 | PA      | $1504095.23   | 0.46%             | 2025-12-15      | Variable      | 10.98%                | No            | 3                  | On Loan: No      |
| Monroe Capital Mml CLO IX Ltd.                                                | Monroe Capital MML CLO IX Ltd.                       | CUSIP: 61033XAA8<br>LEI: 549300GARKU58L8MSR11 | Long             | ABS-CBDO         | CORP              | KY        |   1625000 | PA      | $1649098.59   | 0.51%             | 2031-10-22      | Floating      | 13.23%                | Yes           | 3                  | On Loan: No      |
| Brightwood Capital MM CLO 2023-1 Ltd./ Brightwood Capital MM CLO 2023-1 LLC   | Brightwood Capital MM CLO Ltd.                       | CUSIP: G16455AG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1510644.00   | 0.47%             | 2035-10-15      | Floating      | 10.72%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Solaray TL x2                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1370164 | PA      | $1248219.77   | 0.39%             | 2025-12-15      | Variable      | 11.13%                | No            | 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        |   6553280 | PA      | $6167036.59   | 1.91%             | 2032-03-01      | Fixed         | 4.99%                 | Yes           | 3                  | 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      | $7628252.25   | 2.36%             | 2036-10-15      | Floating      | 12.26%                | Yes           | 3                  | On Loan: No      |
| MARANON LOAN FUNDING 2023-1 LTD                                               | Maranon Loan Funding 2023-1 Ltd.                     | CUSIP: 56575VAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4800000 | PA      | $4800000.00   | 1.48%             | 2037-07-15      | Floating      | 0.00%                 | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded Revolver - Consor                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    135211 | PA      | $133548.16    | 0.04%             | 2031-05-10      | Variable      | 0.00%                 | No            | 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        |   1831577 | PA      | $1694208.85   | 0.52%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | ETC Group TL                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1960223 | PA      | $1444684.26   | 0.45%             | 2029-10-08      | Variable      | 10.28%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Accordion Partners DDTL - Unfunded                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    766957 | PA      | $756449.22    | 0.23%             | 2031-11-15      | Variable      | 0.00%                 | No            | 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      | $6598521.80   | 2.04%             | 2033-01-22      | Floating      | 12.99%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded DDTL - Perennial Services Group DDTL        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    189743 | PA      | $186232.73    | 0.06%             | 2029-09-08      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Isagenix International TL                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1395525 | PA      | $577747.26    | 0.18%             | 2028-04-14      | Variable      | 11.86%                | No            | 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      | $6333398.75   | 1.96%             | 2033-11-22      | Floating      | 12.95%                | 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      | $897162.60    | 0.28%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded DDTL - Capitol Imaging                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    263699 | PA      | $259743.15    | 0.08%             | 2030-01-03      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | NSO Group TL                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1837500 | PA      | $91875.00     | 0.03%             | 2025-03-03      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Crane Engineering TL                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7503151 | PA      | $7450628.94   | 2.30%             | 2029-08-25      | Variable      | 9.05%                 | No            | 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        |    200000 | PA      | $198000.00    | 0.06%             | 2036-06-18      | Floating      | 12.29%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Cyber Advisors TL                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6840971 | PA      | $6795820.54   | 2.10%             | 2028-07-18      | Variable      | 9.70%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Consor Intermedia II, LLC - DDTL - Unfunded          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2038310 | PA      | $2013238.65   | 0.62%             | 2031-05-10      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Bounteous TL                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4248100 | PA      | $4248099.94   | 1.31%             | 2027-08-02      | Variable      | 9.18%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Perennial Services Group DDTL - Funded               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   2497176 | PA      | $2450978.19   | 0.76%             | 2029-09-08      | Variable      | 9.45%                 | No            | 3                  | On Loan: No      |
| ABPCI Direct Lending Fund ABS IV LP                                           | ABPCI Direct Lending Fund ABS IV LP                  | CUSIP: 00092FAG0<br>LEI: 254900SYCJCYTK7KQI41 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2000001.40   | 0.62%             | 2034-05-01      | Floating      | 12.11%                | 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      | $5029152.00   | 1.55%             | 2036-04-15      | Floating      | 10.01%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Galactic Litigation Partners TL                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7274854 | PA      | $3499204.62   | 1.08%             | 2024-06-21      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | HV Watterson TL                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4224607 | PA      | $3549092.11   | 1.10%             | 2026-12-17      | Fixed         | 12.00%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded Revolver - Diversified Risk Holdings        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    118519 | PA      | $114962.96    | 0.04%             | 2026-04-30      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Congruex Group TL                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   7140630 | PA      | $6490832.73   | 2.01%             | 2029-05-03      | Variable      | 10.93%                | No            | 3                  | On Loan: No      |
| MONROE CAPITAL MML LTD 2021-11                                                | Monroe Capital MML Ltd.                              | CUSIP: 61034PAA4<br>LEI: 549300JM3KC77XXZOT62 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5070449.00   | 1.57%             | 2033-05-20      | Floating      | 13.12%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Amerit Fleet Parent LLC - Revolver                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    203390 | PA      | $202309.32    | 0.06%             | 2032-01-27      | Variable      | 9.58%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Drive Automotive Services TL                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4163636 | PA      | $3794321.81   | 1.17%             | 2026-08-02      | Variable      | 10.45%                | 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      | $600356.51    | 0.19%             | 2031-11-15      | Variable      | 0.00%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | TRIPLEPOINT PRIVATE VENTURE CREDIT                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | RF                | US        |   1324395 | NS      | $13747215.22  | 4.25%             |  |  |  | Yes           | N/A                | 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      | $5194417.79   | 1.61%             |  |  |  | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Accordion Partners                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5624348 | PA      | $5547294.26   | 1.71%             | 2031-11-15      | Variable      | 9.55%                 | No            | 3                  | On Loan: No      |
| N/A                                                                           | Oil Changer Holding Corporation                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6681133 | PA      | $6604300.22   | 2.04%             | 2027-02-01      | Variable      | 11.14%                | No            | 3                  | On Loan: No      |
| Brightwood Capital MM CLO 2023-1 Ltd./ Brightwood Capital MM CLO 2023-1 LLC   | BWCAP 2023-1A D Brightwood Capital MM CLO 2023-1 Ltd | CUSIP: 108928AN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7900000 | PA      | $7956058.40   | 2.46%             | 2035-10-15      | Floating      | 10.72%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | MAG DS Corp TL                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3737876 | PA      | $3625739.76   | 1.12%             | 2027-04-01      | Variable      | 9.90%                 | No            | 3                  | On Loan: No      |
| Fortress Credit Opportunities XXI CLO LLC                                     | Fortress Credit Opportunities XXI CLO LLC            | CUSIP: 34964UAY2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9755000.00   | 3.01%             | 2037-01-21      | Floating      | 11.52%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Xanitos TL                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3458737 | PA      | $3458736.75   | 1.07%             | 2026-06-25      | Variable      | 10.95%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | PennantPark CLO V Ltd.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4056692.00   | 1.25%             | 2033-10-15      | Floating      | 12.21%                | Yes           | 3                  | On Loan: No      |
| N/A                                                                           | Trulite Holding Corp TL                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   4875000 | PA      | $4704375.00   | 1.45%             | 2030-03-01      | Variable      | 10.29%                | No            | 3                  | On Loan: No      |
| N/A                                                                           | Unfunded DDTL - Cyber Advisors                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    134185 | PA      | $133299.68    | 0.04%             | 2028-07-18      | 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        |    540845 | PA      | $534192.69    | 0.17%             | 2031-05-10      | Variable      | 8.81%                 | No            | 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      | $5113147.73   | 1.58%             | 2036-10-15      | Floating      | 12.08%                | Yes           | 3                  | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

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

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller