1. The Fed has begun to cut rates, which could make FSK's debt investments more valuable. 2. FSK is trading at a 15.91% discount to its NAV, and if rates decline and debt appreciates, it should increase FSK's NAV and push the share price higher. 3. FSK continues to pay a special distribution on top of the $2.56 base distribution, and the amount of NII generated could allow FSK to pay special distributions into 2025.