FSSL (FS Specialty Lending Fund) Moat Score: 2/10 (As of Jun. 25, 2026)


FSSL FS Specialty Lending Fund FSSL
13 GF Score
Price $10.95
! 2 Warning Signs
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What is FS Specialty Lending Fund Moat Score?

FS Specialty Lending Fund FSSL +0.09% 13 Moat Score is 2 as of Jun. 25, 2026. GuruFocus rates FSSL with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 1,702 Asset Management companies, FS Specialty Lending Fund ranks better than 80.14% on this metric.

FS Specialty Lending Fund has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

FS Specialty Lending Fund has No Moat: FS Specialty Lending Fund operates in a competitive financial services sector with no significant market leadership or unique competitive advantages. The company lacks customer switching costs, valuable intellectual property, and strong brand strength, resulting in a very weak moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes FS Specialty Lending Fund might have No Moat - Very weak/transient advantages.


FS Specialty Lending Fund  (NYSE:FSSL) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

FS Specialty Lending Fund Moat Score Related Terms


FSSL vs MFIC, AWF, RPC: Moat Score Comparison

For the Asset Management subindustry, FS Specialty Lending Fund's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FS Specialty Lending Fund Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, FS Specialty Lending Fund's Moat Score distribution charts can be found below:

* The bar in red indicates where FS Specialty Lending Fund's Moat Score falls into.


FSSL
13GF Score
FS Specialty Lending Fund FSSL
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
FS Specialty Lending Fund (FSSL) has a Moat Score of 2 as of Jun. 25, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, FS Specialty Lending Fund ranks #338 out of 1702 companies in the Asset Management industry, placing it in the top 19.9%.
Is FS Specialty Lending Fund's Moat Score too high?
FS Specialty Lending Fund's current Moat Score is 2. Based on the distribution chart, FS Specialty Lending Fund ranks #338 out of 1702 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, FS Specialty Lending Fund has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does FS Specialty Lending Fund's Moat Score compare to MFIC and AWF?
According to the Asset Management industry distribution chart, FS Specialty Lending Fund ranks #338 out of 1702 companies for Moat Score. This places FS Specialty Lending Fund in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. FS Specialty Lending Fund's current Moat Score is 2. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS Specialty Lending Fund stock overvalued right now?
FS Specialty Lending Fund (FSSL) has a current Moat Score of 2. The current Moat Score is 2. FS Specialty Lending Fund's overall GF Score™ is 13/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For FS Specialty Lending Fund (FSSL), the current Moat Score is 2 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FS Specialty Lending Fund Business Description

Address 3025 JFK Boulevard, OFC 500, Philadelphia, PA, USA, 19104
FS Specialty Lending Fund is a United States-based externally managed, non-diversified, closed-end management investment company. The company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation by investing mainly in private and public credit in a broad set of industries, sectors, and sub-sectors. Its investment policy is to invest mainly in a portfolio of secured and unsecured floating and fixed-rate loans, bonds, and other types of credit instruments, which, under normal circumstances, will represent at least eighty percent of the Company's total assets.
13GF Score

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