FS Credit Opportunities (FSCO)

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FS Credit Opportunities Corp. (FSCO) Declares Distribution for April 2024
Prnewswire· 2024-04-08 20:15
PHILADELPHIA, April 8, 2024 /PRNewswire/ -- The Board of Directors of FS Credit Opportunities Corp. (the Fund) (NYSE: FSCO) announced the monthly distribution for April 2024. The distribution of $0.06 per share will be paid on April 30, 2024. Further information on the distribution is summarized in the charts below. The current annualized distribution rate equates to an annualized distribution yield1 of 10.1% and 12.1%, respectively, based on the Fund's net asset value (NAV) and market price as of March 31, ...
FS Credit Opportunities Corp. (FSCO) Declares Increased Distribution for March 2024
Prnewswire· 2024-03-11 20:15
PHILADELPHIA, March 11, 2024 /PRNewswire/ -- The Board of Directors of FS Credit Opportunities Corp. (the Fund) (NYSE: FSCO) announced today an increase to the monthly distribution for March 2024. The March distribution will be paid on March 28, 2024 at $0.06 per share, representing an increase of approximately 5.3% over the February distribution. Further information on the distribution is summarized in the charts below. "Based on FS Credit Opportunities Corp.'s continued strong performance, we are pleased ...
FS Credit Opportunities (FSCO) - 2023 Q4 - Earnings Call Presentation
2024-03-01 20:14
• When a Shareholder sells their Shares, the Shareholder may receive less than their purchase price and the then-current net asset value, or NAV, per Share. • Shares of closed-end funds frequently trade at a discount to NAV and this creates a risk of loss for investors who purchased Shares at the time of listing on the New York Stock Exchange (the "Listing"). This risk is separate and distinct from the risk that FSCO's NAV will decrease. • FSCO's distributions may be funded from unlimited amounts of offerin ...
FS Credit Opportunities: Riding The Corporate Credit Wave With A 12% Yield
Seeking Alpha· 2024-02-26 22:13
Philip Thurston/E+ via Getty Images Back in the day, in my eternal quest for the perfect wave in my teens and 20s, the old surfer in me longed for those warm, sunny days when I could leisurely travel the world (or at least my local beaches) looking for the right setup. I always liked right-hand point breaks where I could tuck into the barrel of the wave and travel on down the line, riding from the trough to the peak and back down again, gaining speed and momentum. This analogy could be applicable to my sear ...
FS Credit Opportunities (FSCO) - 2023 Q3 - Earnings Call Transcript
2023-11-21 21:00
We believe this is reflective of the FundÂ's recent positive performance, broader market stability, and the reduced selling pressure on the stock now that all phases of the listing are complete. While the price to NAV discount has narrowed, we believe the current discount at which the stock is trading compared to the net asset value is still too large and not indicative of the health of the portfolio or the forward return potential of our investments. We believe FSCO offers a differentiated value propositio ...
FS Credit Opportunities (FSCO) - 2023 Q2 - Earnings Call Transcript
2023-08-23 16:30
Thank you, Robert, and thank you all for joining us today. We are pleased to report solid results for the second quarter as the Fund returned 7.5%, driven by strong earnings as net income fully covered distributions of $0.15 per share and NAV appreciation of $0.33 per share. Performance was broad-based across the portfolio with contributors far outnumbering detractors. Since quarter end, the Fund's NAV increased by approximately 3.9%, driven by company-specific events for a select number of the Fund's large ...